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One Nation, One Ration Card Scheme will be implemented till August 2020 – Nirmala Sitharaman
An economic package of 20 lakh crore rupees was announced in the name of the country by Prime Minister Narendra Modi. Union Finance Minister Nirmala Sitharaman made several announcements by holding press conference for the second consecutive day on this package.
Let’s know who got what in this new package…
emergency working capital fund
30,000 crore additional emergency working capital fund for farmers will be given to NABARD. This will be in addition to the first fund of 90 thousand crores received by NABARD and will be released immediately.
One Nation, One Ration Card Scheme
One Nation, One Ration Card Scheme will be applicable till August 2020. With this, ration can be taken from depots in any part of the country.
national portability
By March 2021, 100 percent national portability will be done. The worker can get the ration of his right from any depot in the country.
Credit Linked Subsidy Scheme
The deadline of the Credit Linked Subsidy Scheme on Ha Using Loans extended to middle income groups with an annual income of 6 to 18 lakhs increased to March 2021. It started in May 2017. 5 lakh families will get relief from the decision of the government.
Free food grains
Free food grains will be provided to migrant laborers for the next two months. The migrant laborer without card will be given 5 kg of grain and one kg of gram per family. This item will cost Rs 3500 crore. This will benefit 8 crore migrant laborers. It will be the responsibility of the state governments to implement it. 63 crore people from 23 states will get the benefit.
special loan
A special loan of Rs 10 thousand will be given for 50 lakh street-trawlers, for which the government will spend 5 thousand crore.
Pradhan Mantri Awas Yojana
For the migrant laborers, the scheme of low rent houses will be started under the Pradhan Mantri Awas Yojana. Under this, migrant laborers and urban poor could get houses to live at low cost. It will be implemented through PPP mode.
Under the MGNREGA
Under the MGNREGA, 62 crore jobs were created daily till 13 May. The average wage was increased from Rs 182 to Rs 202. Will eliminate discrimination in minimum wages. They will try to be the same in the whole country. The method of payment of salary will be simplified.
Mudra (Shishu) loans
The government has given a three-month exemption on repayment of Mudra (Shishu) loans of 50000 rupees or less under the Mudra Scheme.
benefit of 2% subvention scheme
After this, the benefit of 2% subvention scheme i.e. interest rebate will be given for the next 12 months. Nearly 3 crore people gain a total of 1500 crores.
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The State Scores Extra High on Gaming-Friendly Industry Index
Meghalaya scored 92.85 out of 100 possible points in a Gaming Industry Index and proved to be India’s most gaming-friendly state following its recent profound legislation changes over the field allowing land-based and online gaming, including games of chance, under a licensing regime.
The index by the UK India Business Council (UKIBC) uses a scale of 0 to 100 to measure the level of legalisation on gambling and betting achieved by a state based on the scores over a set of seven different games – lottery, horse racing, betting on sports, poker, rummy, casino and fantasy sports
Starting from February last year, Meghalaya became the third state in India’s northeast to legalise gambling and betting after Sikkim and Nagaland. After consultations with the UKIBC, the state proceeded with the adoption of the Meghalaya Regulation of Gaming Act, 2021 and the nullification of the Meghalaya Prevention of Gambling Act, 1970. Subsequently in December, the Meghalaya Regulation of Gaming Rules, 2021 were notified and came into force.
All for the Tourists
The move to legalise and license various forms of offline and online betting and gambling in Meghalaya is aimed at boosting tourism and creating jobs, and altogether raising taxation revenues for the northeastern state. At the same time, the opportunities to bet and gamble legally will be reserved only for tourists and visitors.
“We came out with a Gaming Act and subsequently framed the Regulation of Gaming Rules, 2021. The government will accordingly issue licenses to operate games of skill and chance, both online and offline,” said James P. K. Sangma, Meghalaya State Law and Taxation Minister speaking in the capital city of Shillong. “But the legalized gambling and gaming will only be for tourists and not residents of Meghalaya,” he continued.
To be allowed to play, tourists and people visiting the state for work or business purposes will have to prove their non-resident status by presenting appropriate documents, in a process similar to a bank KYC (Know Your Customer) procedure.
Meghalaya Reaches Out to a Vast Market
With 140 millions of people in India estimated to bet regularly on sports, and a total of 370 million desi bettors around prominent sporting events, as per data from one of the latest reports by Esse N Videri, Meghalaya is set to reach out and take a piece of a vast market.
Estimates on the financial value of India’s sports betting market, combined across all types of offline channels and online sports and cricket predictions and betting platforms, speak about amounts between $130 and $150 billion (roughly between ₹9.7 and ₹11.5 lakh crore).
Andhra Pradesh, Telangana and Delhi are shown to deliver the highest number of bettors and Meghalaya can count on substantial tourists flow from their betting circles. The sports betting communities of Karnataka, Maharashtra, Uttar Pradesh and Haryana are also not to be underestimated.
Among the sports, cricket is most popular, registering 68 percent of the total bet count analyzed by Esse N Videri. Football takes second position with 11 percent of the bets, followed by betting on FIFA at 7 percent and on eCricket at 5 percent. The last position in the Top 5 of popular sports for betting in India is taken by tennis with 3 percent of the bet count.
Local Citizens will Still have Their Teer Betting
Meghalaya residents will still be permitted to participate in teer betting over arrow-shooting results. Teer is a traditional method of gambling, somewhat similar to a lottery draw, and held under the rules of the Meghalaya Regulation of the Game of Arrow Shooting and the Sale of Teer Tickets Act, 2018.
Teer includes bettors wagering on the number of arrows that reach the target which is placed about 50 meters away from a team of 20 archers positioned in a semicircle.
The archers shoot volleys of arrows at the target for ten minutes, and players place their bets choosing a number between 0 and 99 trying to guess the last two digits of the number of arrows that successfully pierce the target.
If, for example, the number of hits is 256, anyone who has bet on 56 wins an amount eight times bigger than their wager.
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