Govt. Schemes

India has introduced several new schemes in 2024 aimed at promoting economic growth, social welfare, and sustainable development. Here are some of the notable initiatives:

1. Employment-Linked Incentive Schemes:

   • Scheme A: Provides a subsidy of one month's salary, up to ₹15,000, for first-time employees with a salary under ₹1 lakh per month. The subsidy is paid in three installments, and the employee must complete an online financial literacy course to receive the second installment.

   • Scheme B: Targets job creation in the manufacturing sector. Employers must hire either 50 new employees or 25% of their current workforce to be eligible.

   • Scheme C: Supports employers who increase their workforce above a baseline level by reimbursing EPFO employer contributions up to ₹3,000 per month for two years​ (MyScheme)​​ (India Today)​.

2. PM – Surya Ghar: Muft Bijli Yojana:

   • This scheme provides subsidies for installing rooftop solar panels, covering up to 40% of the cost. The goal is to provide free electricity to households, reduce government electricity costs, and increase the use of renewable energy, thus reducing carbon emissions. Eligibility includes owning a house with a suitable roof for solar panels and having a valid electricity connection​ (MyScheme)​.

3. Viksit Bharat by 2047:

   • A long-term vision for a developed India by 2047, which includes various sub-schemes and programs aimed at enhancing infrastructure, education, and healthcare​ (MyScheme)​.

4. Rooftop Solarisation Scheme:

   • Aims to promote the use of solar energy by providing financial assistance for the installation of rooftop solar systems on residential buildings. This scheme is part of India's broader push towards renewable energy and sustainability​ (MyScheme)​.

5. Atmanirbhar Oil Seeds Abhiyan:

   • Focuses on increasing the domestic production of oil seeds to reduce dependency on imports. This initiative supports farmers with improved seeds, technologies, and financial incentives​ (MyScheme)​.

These schemes are part of India's efforts to boost economic growth, create jobs, and promote sustainable development. For more detailed information, you can visit the official websites of these schemes or check government publications related to the Union Budget 2024-

Daily News Updates

Sure, here’s your daily update for July 26, 2024:

1. Weather:

   • New York City: Partly cloudy with a high of 82°F (28°C) and a low of 68°F (20°C).

   • Los Angeles: Sunny with a high of 85°F (29°C) and a low of 65°F (18°C).

   • Chicago: Thunderstorms with a high of 78°F (26°C) and a low of 62°F (17°C).

   • London: Rain showers with a high of 70°F (21°C) and a low of 57°F (14°C).

   • Tokyo: Humid with scattered showers, high of 88°F (31°C) and a low of 74°F (23°C).

2. Global News:

   • US: The Federal Reserve has announced a pause in interest rate hikes, citing easing inflation pressures and steady economic growth.

   • Europe: The EU has agreed on a new framework for digital regulation aimed at increasing data privacy and competition.

   • Asia: China has unveiled a new stimulus package to boost its slowing economy, focusing on infrastructure development and green energy.

   • Middle East: Peace talks between Israel and Palestine have resumed in Geneva with renewed international mediation efforts.

3. Business:

   • Technology: Apple is set to release its latest iPhone model next month, featuring significant camera and battery life improvements.

   • Finance: Bitcoin has surged past $35,000 following renewed interest from institutional investors.

   • Retail: Amazon has reported record earnings for the second quarter, driven by strong online sales and AWS growth.

4. Sports:

   • Olympics: Preparations for the Paris 2024 Summer Olympics are in full swing, with the torch relay set to begin next week.

   • Soccer: The UEFA Champions League qualifying rounds continue, with several top clubs vying for a spot in the group stage.

   • Tennis: The US Open is set to begin next month, with top players gearing up for the final Grand Slam of the year.

5. Entertainment:

   • Movies: The latest blockbuster, "Galactic Odyssey," has topped the box office, earning $200 million in its opening weekend.

   • Music: Taylor Swift has announced a new world tour starting in November, following the release of her latest album.

   • Television: The hit series "Stranger Things" has been renewed for a fifth season, much to the delight of fans worldwide.

6. Science & Technology:

   • Space: NASA's Artemis II mission has successfully launched, aiming to conduct a crewed lunar flyby and return to Earth.

   • Health: Researchers have made a breakthrough in Alzheimer's treatment, with a new drug showing promise in slowing disease progression in clinical trials.

   • Innovation: A new AI-powered tool for diagnosing rare diseases has been developed, promising faster and more accurate results for patients.

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