Shri Mukhtar Abbas Naqvi participates in various programmes on completion of 3 years of NDA Government

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Minority Affairs Minister briefs about Achievements of the NDA Government.

Union Minister of State for Minority Affairs (Independent Charge), Shri Mukhtar Abbas Naqvi, today said that the last three years of the Modi Government have been years of “Development, Transparency & Efficiency”. Shri Naqvi stated it while participating in various programmes including press conference during his visit to Pakur in Jharkhand on the occasion of completion of 3 years of the NDA Government at the Centre. The Minister interacted with the people and informed them about various welfare schemes of the NDA Government.

Shri Naqvi said that India’s economic growth rate has been above 7 per cent during the last three years. India has become one of the most attractive investment destination of the world. The success story of Indian economy has been recognised by the entire world.

The NDA Government is committed to development of youth power of the country. Schemes such as “Mudra Yojana”, “Stand Up India”, “Start Up India”, “Make In India” have turned “job seekers” into “job creators”. These schemes are guarantee of empowerment of youth and women.

Shri Naqvi further said that during the last three years of the NDA Government has ensured that benefit of every welfare scheme is reaching directly to the needy. Direct Benefit Transfer (DBT) has saved more than Rs 50 thousand crores. The Minority Affairs Minister said that more than 2 crore free domestic LPG connections were given to poor families in the last three years and more than 1 crore people have given it up their subsidy.

Shri Naqvi said that “Jan Dhan accounts” of more than 26 crore people have been opened in three years. More than 13 crore poor people have been included in various social security schemes. More than 2 crore toilets have been constructed in 2016-17, investment worth Rs 1 lakh 43 thousand crore has come in electronics manufacturing under “Make in India”.

Informing the people about achievements of the Ministry of Minority Affairs, Shri Naqvi said that the 3 years the NDA government are reflection of “empowerment without appeasement” policy. Our focus was on “3E- Education, Employment & Empowerment”. “Progress Panchayat”, “Less Cash Chaupal”, coordination meetings with the states were important measures.

More than 2 lakh women were provided leadership training under “NaiRaushni”. Budget of Minority Affairs Ministry has been increased after about 10 years in 2017-18. It has been increased to Rs 4195 crore from Rs 3827.25 crore in 2016-17.

The achievements of Ministry of Minority Affairs also include: Scholarships worth Rs 4740 crore to 1 crore 82 lakh students; scholarships worth Rs 166 crore to 1 lakh 38 thousand 426 girl students under “Begum Hazrat Mahal Scholarship; more than 5 lakh 20 thousand youths including about 40 per cent women, covered under various job-oriented skill training; establishing 33 degree colleges; 223 multi-purpose “SadbhavMandap” and 18 Gurukul type residential schools in last six years; significant increase in annual Haj quota.

Shri Naqvi said that launching “Tehreek-e-Taleem”, campaign for education; organising “HunarHaat”, to provide market-opportunity to master artisans across the country; establishing “Hunar Hub” in all the states; organising “UsttadSammanSamagam”; establishing 5 international level educational institutes; 100 Gurukul-Navoday type schools in minority concentrated areas and reviving option of sending Haj pilgrims through sea route also will be our steps to be taken in the coming months.

12-June-2017 17:49 IST

Repayment of (i) GOI Floating Rate Bonds (FRB), 2017, (ii) 8.07% GS 2017 (Jul), and (iii) 7.99% GS 2017 

The repayment of following securities are due as per details given below:

Table: Details of GoI Securities maturing during July 1-7, 2017
Sl. No. Name of Security Scheduled Date of Repayment Effective date of Repayment No Interest Accrual from scheduled date of Repayment
(1) (2) (3) (4) (5)
1. Repayment of ‘GOI FRB, 2017’ July 02, 2017 (Sunday) July 01, 2017 (Saturday) July 02, 2017 (Sunday)
2. Repayment of ‘8.07% GS 2017 (Jul)’ July 03, 2017 (Monday) July 03, 2017 (Monday) July 03, 2017 (Monday)
3. Repayment of ‘7.99% GS 2017’ July 09, 2017 (Sunday) July 07, 2017 (Friday) July 09, 2017 (Sunday)

 

The outstanding balance under (i) GOI Floating Rate Bonds (FRB), 2017, (ii) 8.07% GS 2017 (Jul), and (iii) 7.99% GS 2017 will be repayable on the effective date of repayment as indicated in column 4 of above table. In the event of a holiday being declared on effective day of repayment by any State Government under the Negotiable Instruments Act, 1881, the Loan/s will be repaid by the paying offices in that State on the previous working day.

As per sub-regulations 24 (2) and 24(3) of Government Securities Regulations, 2007 payment of maturity proceeds to the registered holder of Government Security held in the form of Subsidiary General Ledger or Constituent Subsidiary General Ledger account or Stock Certificate shall be made by a pay order incorporating the relevant particulars of his bank account or by credit to the account of the holder in any bank having facility of receipt of funds through electronic means. For the purpose of making payment in respect of the securities, the original subscriber or the subsequent holders of such Government Securities, shall submit the relevant particulars of their bank account well in advance.

However, in the absence of relevant particulars of bank account / mandate for receipt of funds through electronic means, to facilitate repayment of the Loan on the due date, holders may tender the securities, duly discharged, at the Public Debt Offices, Treasuries / Sub-Treasuries and branches of State Bank of India and its Associate Banks (at which they are enfaced / registered for payment of interest) 20 days in advance of the due date for repayment.

Full details of the procedure for receiving the discharge value may be obtained from any of the aforesaid paying offices.

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