National
Demonetisation will cure disease of poverty: Bhamre
Shillong, Oct 9 (IANS) Union Minister of State for Defence Subhash Ramrao Bhamre on Monday said demonetisation of Rs 1000 and 500 notes will cure the country of the disease of poverty.
“This (demonetisation) is like a medicine. The long term effect is very good that cures the disease of poverty… but then sometimes all medicines is not sweet, some medicines taste bitter,” he said on the sidelines of the Mudra Promotion Campaign here in Meghalaya
Moreover, Bhamre said eventually the advantage of demonetisation is that people are very happy at large.
Bhamre was responding to a query from a journalist highlighting the plight of the people in the rural areas of Meghalaya post-demonetisation.
“As the country moves forward to a cashless environment after demonetisation, everyone should unite and pledge to make India digitally enabled society,” he said.
Earlier, addressing the Mudra Promotion Campaign, the union minister said that the Pradhan Mantri Mudra Yojana and Stand Up India, the two major schemes launched by Prime Minister Narendra Modi, will bring about a massive transformation in the lives of millions of youth.
Highlighting the achievement of the Pradhan Mantri Mudra Yojana, Bhamre said more than 9 crore loans have been sanctioned for creating self employment amounting to around Rs 4 lakh crore.
“Out of the total sanctioned amount, Rs 6.89 crore in loans has been sanctioned for women entrepreneurs which comes to 76 per cent. And the loans to SCs and STs constitute almost 55 per cent. Many of these enterprenuers have also been able to create job opportunities for others.”
Describing ‘Stand Up India’ as another significant scheme, the minister said this scheme aims to encourage entrepreneurship by providing bank loans between Rs 10 lakh and Rs 1 crore and it is mandatory for each bank branch to have at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one woman borrower.
The minister said that the guiding principle of governance of the Prime Minister’s ‘Sabka Saath Sabka Vikas’ is visible when one looks at the details of the loans that have been sanctioned under the scheme. He said that a total of 40,769 customers have availed a total loan of Rs 8,757 crore under the scheme out of which a total of 5827 entrepreneurs of SC category have received loans amounting to Rs 1091 crore.
Moreover, 1,747 entrepreneurs of ST catergories have got sanctioned loans worth Rs 346 crore; while 33,142 women entrepreneurs were given loans worth Rs 37,319 crore, he added.
Highlighting the social security schemes of financial inclusion, the minister said it has three components — Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana. Under the Suraksha Bima Yojana, 11 crore people have been enrolled while under Jeevan Jyoti Bima Yojana more than 3.5 crore have been enrolled and under Atal Pension Yojana 67 lakh people got benefitted, he added.
Meghalaya Taxation Minister Zenith M. Sangma, who also addressed the gathering, said that due to lack of awareness about the financial support system, unavailability of banking facilities and financial assistance in the rural areas, people are often forced to borrow from other sources for financial support which limits their higher borrowing capacity and hence the gap in financial inclusion.
He said the scheme will not only ensure greater connectivity, but will also bridge the financial inclusion gaps and provide a better social security cover for the people.
–IANS
ahm/dg
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok
Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
Cheers and Cheers: Barzilla’s Joyful Ode to Inclusivity and Celebration
Casino Days Reveal Internal Data on Most Popular Smartphones
Meghalaya Reserves Legalized Gambling and Sports Betting for Tourists
IPL 20202 UPDATE: KXIP vs MI IPL Dream11 Team Prediction for Today Match, Update Point Table of all Team.
In a Live debate AAP leader Syed Asad Abbas hurls abuses to BJP spokesperson Nupur Sharma.
‘India’s Most Wanted’ trailer out Arjun Kapoor on hunt of Osama-Bin-Laden
Time to move on: Sonakshi on Shatrughan’s joining Congress
