Page 3 - வேலைவாய்ப்பு ஜெநரேஶந் ப்ரோக்ராம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
CS chairs 3rd UT-Level Bankers Committee meeting; Directs banks to ensure 40% lending to priority sector, disposal of loan cases in 15 days
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Complete Scanning Of Records By August 15: CS To Revenue Department
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The need for higher allocation for the social safety net programmes (SSNPs) has never been felt so badly than during the ongoing pandemic. Historically, given the resource constraint, Bangladesh could not manage to allocate the required amount of resources for SSNPs compared to other regions of the world. In South Asian countries, the average allocation for SSNPs is about 4 percent of their gross domestic product (GDP). The East Asian and Pacific countries spend about 8 percent of GDP on SSNPs while the European countries allocate about 20 percent of their GDP on social protection.
We are making slow progress in this case. The allocation in terms of amount has increased over time, so has the size of our economy. But the SSNP allocation as a percentage of the GDP has remained almost the same for a long time. For example, in FY2011, the share of SSNPs in our budget was 3 percent of GDP and in FY2021 also, the allocation for SSNPs is equivalent to only 3 percent of the GDP. In terms of
VC KVIB visits Reasi; Inspects various units established under PMEGP, JKREGP schemes
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Economy > Economy - general
05 April 2021
In a year marred by the economic despair caused by the Covid-19 pandemic, Khadi and Village Industries Commission (KVIC) has recorded its best ever performance in job creation under the Prime Minister’s Employment Generation Programme (PMEGP).
In financial year ending 31 March 2021, an year of despair arising from the pandemic and the nationwide lockdown, KVIC disbursed Rs2,188.78 crore to create a whopping 5,95,320 jobs under PMEGP, the highest ever since its launch in 2008. In 2020-21, KVIC also established 74,415 projects across the country.
MSME Minister of micro, small and medium industries (MSME) Nitin Gadkari lauded the achievement of KVIC and said that creation of local jobs would provide livelihood to lakhs of people, in turn, bolstering the country’s economy.