THURSDAY, JANUARY 7, 2016 (PAGE 20) DAILY...
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NEW DELHI, Jan 6: In a bid to create jobs and promote entrepreneurship, the Cabinet today approved Rs 8,000- crore funds that will stand guarantee for loans to new ventures and also announced 'Stand up India' scheme for cred- it facilities to SC, ST and women entrepreneurs at lower rates. While the Rs 3,000 crore MUDRA Credit Guarantee Fund (CGF) will act as hedge against default of Rs 50,000 to Rs 10 lakh loan extended to small entrepreneurs, the Rs 5,000 crore Stand Up India CGF will stand guarantee for Rs 10 lakh to Rs 1 crore loans to be provided to least 2.5 lakh SC/ST and women. The Cabinet, headed by Prime Minister Narendra Modi, today cleared creation of a Credit Guarantee Fund for MUDRA loans, Finance Minister Arun Jaitley told reporters here. It also gave its nod to con- vert MUDRA Ltd, a pet venture of the Centre for funding small businesses, into MUDRA- SIDBI Bank, a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI). The Government had last year set up MUDRA Ltd as a non- banking finance company (NBFC).(PTI) NEW DELHI, Jan 6: Bollywood superstar Aamir Khan, whose comments on per- ceived intolerance in the country had created a controversy, ceas- es to be the mascot for Government's 'Incredible India' campaign as the contract for it has expired. "Our contract was with the McCann Worldwide agency for 'Atithi Devo Bhava' campaign. The agency had hired Aamir for the job. Now the contract with the agency is over. Ministry has not hired Aamir. "It was the agency which has hired him. Since the contract with the agency is no more, automatically the arrangement with the actor no longer exists," Union Tourism Minister Mahesh Sharma said today. Asked specifically whether Aamir is still Tourism Ministry's brand ambassador, the Minister said, "Definitely not". 'Atithi Devo Bhava' cam- paign, part of the Incredible India campaign was launched during the UPA regime. Earlier, the ministry issued a vague statement in response to certain news reports following Government's answer to a RTI query on the issue. "In response to certain news reports appearing in the media, about Aamir Khan, the Ministry of Tourism clarifies that there is no change in the stand of the Ministry in this matter. "The Ministry further clari- fies that at present it has a con- tractual agreement with creative agency McCann Worldwide to produce social awareness cam- paign and the said campaign fea- tured Aamir Khan," the ministry statement said. Two months ago, Aamir had made controversial comments on perceived intolerance in the country for which he was criti- cised by many senior Union Ministers. At an event here, Aamir had said that his wife Kiran Rao had asked if they should move out of the country, as she feared for the safety of their children in a cli- mate of insecurity. When contacted, Prasoon Joshi, the head of McCann Worldwide agency, only said, "We at McCann had a contractu- al agreement with the Ministry of Tourism for a social aware- ness campaign Atithi devo bhava'. Aamir Khan had gra- ciously lent his support for the same. We have delivered the campaign to the Ministry." Sharma said the contract for Rs 2.96 crore with McCann Worldwide agency was now over. According to ministry offi- cials, fresh tenders will be float- ed to device any new campaign, if required. Officials said a report by the ministry's market and research division will also help in picking up a new face for the campaign in future. However, indications were that Aamir is unlikely to figure in the future campaign, sources said. (PTI) THURSDAY, JANUARY 7, 2016 (PAGE 20) DAILY EXCELSIOR, JAMMU Walk-in-interview on 11th & 12th Jan. 2016 for the following post JOINT ACTION COMMITTEE (GENERAL CATEGORY) J&K APPEAL AWAKE, ARISE AND SPEAK All those belonging to "General Category" (Men, Women, Employees, Retirees, Businessmen, Professionals, Lawyers, Students, Young and Old) are cordially invited to participate in a SEMINAR being organized by JAC on 10th January 2016, Sunday--1.00 PM at, OM PALACE banquet hall, near Jagat Resorts, Shakti Nagar Jammu, on the topic "No Reservation in Promotion". Eminent personalities including retired Judges and senior Govt. officers (IAS/IPS/KAS, Chief Engineers, Doctors & Educationists) and intellectuals of civil society have consented to grace the occasion to share their views for strengthening the cause. FIGHT FOR JUSTICE AND EQUALITY "SAY NO TO RESERVATION IN PROMOTIONS" Ved Prakash Sharma (Convenor JAC) Mob: 9419797025 Aamir Khan no more ‘Incredible India’ mascot Govt clears ‘Stand up India’ to fund SC, ST, women entrepreneurs
Transcript of THURSDAY, JANUARY 7, 2016 (PAGE 20) DAILY...
NEW DELHI, Jan 6:
In a bid to create jobs andpromote entrepreneurship, theCabinet today approved Rs8,000- crore funds that willstand guarantee for loans to newventures and also announced'Stand up India' scheme for cred-it facilities to SC, ST andwomen entrepreneurs at lowerrates.
While the Rs 3,000 croreMUDRA Credit GuaranteeFund (CGF) will act as hedgeagainst default of Rs 50,000 toRs 10 lakh loan extended tosmall entrepreneurs, the Rs5,000 crore Stand Up India CGFwill stand guarantee for Rs 10lakh to Rs 1 crore loans to beprovided to least 2.5 lakh SC/STand women.
The Cabinet, headed byPrime Minister Narendra Modi,today cleared creation of aCredit Guarantee Fund forMUDRA loans, FinanceMinister Arun Jaitley toldreporters here.
It also gave its nod to con-vert MUDRA Ltd, a pet ventureof the Centre for funding smallbusinesses, into MUDRA-SIDBI Bank, a wholly ownedsubsidiary of Small Industries
Development Bank of India(SIDBI).
The Government had lastyear set up MUDRA Ltd as anon- banking finance company(NBFC).(PTI)
NEW DELHI, Jan 6:
Bollywood superstar AamirKhan, whose comments on per-ceived intolerance in the countryhad created a controversy, ceas-es to be the mascot forGovernment's 'Incredible India'campaign as the contract for ithas expired.
"Our contract was with theMcCann Worldwide agency for'Atithi Devo Bhava' campaign.The agency had hired Aamir forthe job. Now the contract withthe agency is over. Ministry hasnot hired Aamir.
"It was the agency which hashired him. Since the contractwith the agency is no more,automatically the arrangementwith the actor no longer exists,"Union Tourism Minister MaheshSharma said today.
Asked specifically whetherAamir is still Tourism Ministry'sbrand ambassador, the Minister
said, "Definitely not".'Atithi Devo Bhava' cam-
paign, part of the IncredibleIndia campaign was launchedduring the UPA regime.
Earlier, the ministry issued avague statement in response tocertain news reports followingGovernment's answer to a RTIquery on the issue.
"In response to certain newsreports appearing in the media,about Aamir Khan, the Ministryof Tourism clarifies that there isno change in the stand of theMinistry in this matter.
"The Ministry further clari-fies that at present it has a con-tractual agreement with creativeagency McCann Worldwide toproduce social awareness cam-paign and the said campaign fea-tured Aamir Khan," the ministrystatement said.
Two months ago, Aamir hadmade controversial comments
on perceived intolerance in thecountry for which he was criti-cised by many senior UnionMinisters.
At an event here, Aamir hadsaid that his wife Kiran Rao hadasked if they should move out ofthe country, as she feared for thesafety of their children in a cli-mate of insecurity.
When contacted, PrasoonJoshi, the head of McCannWorldwide agency, only said,"We at McCann had a contractu-al agreement with the Ministryof Tourism for a social aware-ness campaign Atithi devobhava'. Aamir Khan had gra-ciously lent his support for the
same. We have delivered thecampaign to the Ministry."
Sharma said the contract forRs 2.96 crore with McCannWorldwide agency was nowover.
According to ministry offi-cials, fresh tenders will be float-ed to device any new campaign,if required.
Officials said a report by theministry's market and researchdivision will also help in pickingup a new face for the campaignin future.
However, indications werethat Aamir is unlikely to figurein the future campaign, sourcessaid. (PTI)
THURSDAY, JANUARY 7, 2016 (PAGE 20) DAILY EXCELSIOR, JAMMU
Walk-in-interview on 11th & 12th Jan. 2016 for the following post
JOINT ACTION COMMITTEE (GENERAL CATEGORY) J&K APPEAL
AWAKE, ARISE AND SPEAK All those belonging to "General Category" (Men, Women, Employees,Retirees, Businessmen, Professionals, Lawyers, Students, Young andOld) are cordially invited to participate in a SEMINAR being organized byJAC on 10th January 2016, Sunday--1.00 PM at, OM PALACE banquethall, near Jagat Resorts, Shakti Nagar Jammu, on the topic "NoReservation in Promotion". Eminent personalities including retiredJudges and senior Govt. officers (IAS/IPS/KAS, Chief Engineers, Doctors& Educationists) and intellectuals of civil society have consented to gracethe occasion to share their views for strengthening the cause. FIGHT FOR JUSTICE AND EQUALITY"SAY NO TO RESERVATION IN PROMOTIONS"
Ved Prakash Sharma(Convenor JAC) Mob: 9419797025
Aamir Khan no more ‘Incredible India’ mascot
Govt clears ‘Stand up India’ to fund SC, ST, women entrepreneurs
