Nation

Expand SHGs to encourage women participation in economy, streamline labour laws: FM

New Delhi: Finance Minister Nirmala Sitharaman Friday said a committee will be set up to evaluate, suggest measures to encourage and facilitate women participation in country’s development. Presenting the first Budget of the Modi government in its second term, Sitharaman proposed to expand self help groups (SHG) to all districts and said one woman in every SHG will get loan of up to Rs 1 lakh under Mudra Yojana.

She further noted that the government will streamline multiple labour laws into a set of four labour codes. Sitharaman noted that major economies will face labour shortage and added India will focus on training new age skills like artificial intelligence (AI), robotics, 3D printing.

The government will also launch mission to integrate traditional artisans and creative persons with global market and will work to obtain GI/patents for them. She also said the government aims to bring greater ease of living for citizens. Highlighting government’s achievements, she said 35 crore LED bulbs were distributed leading to cost saving of Rs 18,341 crore annually. Sitharaman said railway station modernisation programme will be launched this year.

She also proposed to establish National Research Foundation to fund, to coordinate and to promote research in country.

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

520, Asmi Industrial Complex, Near Ram Mandir Railway Station, Goregaon West, 400104, Mumbai, Maharashtra.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us