GUJARAT
Startup workforce in Gujarat shrinks 9% in 2020
Shrinking workforce was a common phenomenon post lockdown and the trend was similar
with startups too. The number of people employed by startups across Gujarat declined by
9% to 9,577 in 2020 from 10,539 in 2019, shows data compiled by the Union ministry of
commerce and industry.
Incubators in Gujarat say that hampered growth during the pandemic did compel startups
to either freeze hiring or contract their workforce. However, in the second half of 2020 and
early 2021, most have resumed hiring, announcing plans to scale-up their workforce.
INTERNATIONAL
Russia to Launch 40 Satellites in 2021 of March
The Russian Aerospace Industry announced that Russia will launch 40 satellites into orbit
from 18 different countries in the world in March 2021.
The satellite will be launched using the Soyuz-2 launch vehicle. It was also learned in
November 2020 that the aerospace industry will bomb Soyuz-2.1 on March 20, 2021.
Soyuz 2.1 is a launch vehicle with Fregat boosters. It will be launched together with the
Korean compact Advanced Satellite 500 spacecraft named CAS500-1.
Payloads from 18 countries will also be sent to orbit along with Soyuz 2.1 and CAS500-1.
However, the list of satellites has not yet been finalized.
The Soyuz 2.1 payload will launch satellites from Russia, Saudi Arabia, Japan, South Korea,
UAE, Israel, Thailand, Germany, Brazil, Canada, Italy, Hungary, Argentina, the Netherlands,
Slovakia, Spain, Tunisia and the United Kingdom.
NATIONAL
Atmanirbhar Bharat Rojgar Yojana
The purpose of launching Atmanirbhar Bharat Rozgar Yojana (ABRY) is to incentivize
employers to create new jobs as well as social security benefits and restore lost jobs during
the COVID-19 pandemic.
The Indian government will provide a two-year subsidy for new employees hired between
October 1, 2020 or later, and upto June 30, 2021.
For new employees in companies that employ up to 1,000 employees, the Indian
government will pay employees 12% of employee dues and 12% of employer dues, which is
24% of the salary paid by EPF ( two years).
The Indian government will only pay employees’ EPF contribution share, which is 12% of
12% of wages in respect of new employees in establishments employing more than 1000
employee for two years.
The monthly salary of employees is less than Rs. 15000 /-If you have not worked in an
organization registered with the Employees Provident Fund Organization (EPFO) before
October 1, 2020, and you do not have a Universal Account Number or EPF Member Account
before October 1, 2020, you are eligible for this benefit.
From March 1, 2020 to September 30, 2020, EPF members who quit their work during the
Covid pandemic and have a Universal Account Number (UAN) with a monthly salary of less
than 15,000 rupees and have not joined any EPF-protected organization up to September 30
will also be eligible for benefits.
Pradhan Mantri Garib Kalyan Rojgar Abhiyan – Affected by Covid
After the COVID-19 pandemic, Pradhan Mantri Garib Kalyan Rojgar Abhiyan was established
in June 2020 to increase employment and livelihood opportunities for returned migrant
workers and citizens who are also affected in rural areas.
The large-scale rural public works scheme is launched to increase livelihood opportunities
in rural India.
The districts will join the program through the Common Service Center and Krishi Vikas
Kendras (KVKs).
The campaign will last 125 days and aims to work in task mode to help immigrant workers.
It will involve strengthening and centralizing the implementation of 25 different types of
jobs to provide employment opportunities and build infrastructure in rural areas.
The total expenditure for the programme is Rs. 50,000 crores.
Beneficiaries of Pradhan Mantri Jan Dhan Yojana
According to reports from Public Sector Banks (PSBs) and 14 major Private Sector Banks, as
of January 2021, a total number of 41.75 crore accounts have been opened under Pradhan
Mantri Jan Dhan Yojana (PMJDY). This information is provided by Union MoS, a Finance and
Corporate Affairs.
Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a national mission that aims to provide access
to various financial services, including Remittance, Credit, Insurance, Pension, Banking
Savings & Deposit Accounts in an affordable manner.
Central Sector Scheme to Tackle Air Pollution And Manage Crop Residues
The Central Sector Scheme entitled "Promotion of Agricultural Mechanization to manage
Crop Residues On-Site in the states of Punjab, Haryana, Uttar Pradesh and NCT of Delhi" has
been implemented in 2018-19 and 2019-20.
The objectives of the scheme are:
Protect the environment from air pollution, and prevent the loss of nutrients and soil
microorganisms due to the burning of crop residues.
Promote the on-site management of crop residues by using appropriate mechanized inputs
to retain and blend in the soil.
Through demonstration, capacity building activities and differentiated information,
education and communication strategies, build awareness among stakeholders to
effectively use and manage crop residues.
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