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Only NRI quota seats based on entrance exams for OCI cardholders: MHA

Photo: ociservices.gov.in   OCI cardholders cannot undertake any ‘missionary, mountaineering, journalism and tabligh activities’ without prior permission of the GoI The Ministry of Home Affairs (MHA) has reiterated through a gazette notification that Overseas Citizens of India (OCI) cardholders can lay claim to “only NRI (Non Resident Indian) quota seats” in educational institutions based on all-India entrance tests such as National Eligibility cum Entrance Test (NEET), Joint Entrance Examination (Mains), Joint Entrance Examination (Advanced) or other such all-India professional tests. The notification also reproduced a part of the guidelines issued by the Ministry on November 15, 2019 regarding benefits to OCI cardholders, which said that OCIs are not entitled to undertake any “missionary, mountaineering, journalism and tabligh activities” without prior permission of the Government of India. The notification provides legal teeth to the guidelines.

Union Budget Strengthens the Focus on Growth

Union Finance Minister Nirmala Sitharaman truly pre­sented a historic budget with growth as the centrepiece and a focus on delivering next-gen reforms. The measures announced in the budget are expected to be transformative and signal the resurgence of a self-confident India. The pump priming of the economy with an emphasis on capital spending aimed towards critical areas of healthcare, infra­structure, financial sector among others, is encouraging and will buttress the strengthening of the growth recovery process which is currently underway. The budget spelled out a vision for providing further impetus to the government’s flagship Atmanirb­har Bharat Programme by articulating the measures under the critical six pillars.

CII President Uday Kotak: A Budget for Growth with Next-Gen Reforms | Blogs/Opinions

Historic budget with growth as the center piece. Pump priming the economy to strengthen recovery. Delivering on her promise of unveiling a ‘Budget Like No Other,’ the finance minister announced a raft of prudent measures aimed at rejuvenating government spending towards critical areas of increasing allocation on infrastructure expansion, education, housing and health as India rolls out a vaccine drive to inoculate 1.3 billion people. Laying down the vision for providing further fillip to the government’s flagship Atmanirbhar Bharat Program by spelling out the measures under the critical six pillars, the budget ticked all the right boxes which would strengthen the path of recovery of the economy.

Chandrajit Banerjee | Game-changer that will help enable growth with inclusion

Chandrajit Banerjee | Game-changer that will help enable growth with inclusion Published : Feb 2, 2021, 7:24 am IST Updated : Feb 2, 2021, 7:24 am IST This is a development-oriented and pragmatic Budget which will help reset growth while promoting social inclusion  The immediate concern of the finance minister has been to reinvigorate the economy, stimulate demand and alleviate widespread distress emerging from the Covid-19 setback. (PTI/Manvender Vashist) Finance minister Nirmala Sitharaman has presented the Union Budget 2021-22 amidst extraordinarily difficult times created by the Covid-19 pandemic. Our GDP growth is estimated to witness the largest ever contraction of 7.7 per cent during the present year. Besides, the paucity of fiscal space, constraints within the financial sector to lubricate the system and headwinds from the global economy are the other challenges which could impact the country.   

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