Connect with us

Trending

Transfer Rs 1,000 cr to SHGs benefitting around 16 lakh women, PM to visit Prayagraj today

Published

on

Transfer Rs 1,000 cr to SHGs benefitting around 16 lakh women, PM to visit Prayagraj today

Prime Minister Narendra Modi will visit Prayagraj in Uttar Pradesh today and will transfer approximately Rs 10 crore to the bank account of the Self-Help Group (SHG), benefiting approximately 1.6 million female members of the Self-Help Group.

According to the Prime Minister’s Office (PMO), the transfer was carried out under the Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM), of which 80,000 SHGs received a Community Investment Fund (CIF) of Rs 11 lakh per SHG And 60,000 SHG received a revolving fund of Rs 15,000 per SHG.

The press release read: “Prime Minister Modi will visit Prayagraj on December 21 and participate in a similar program involving more than 200,000 women at around 1pm.”

The plan is based on the vision of the Prime Minister, empowering women by providing them with the necessary skills, incentives and resources, especially at the grassroots level.

Advertisement

The plan will also witness the Prime Minister encourage the business journalist-Sakhis (BC-Sakhis) to deposit 4,000 rupees as a first month allowance into the account of 20,000 BC-Sakhis.

When BC-Sakhis starts working as a primary financial service provider, they will receive a six-month stipend of 4,000 rupees so that they can work stably, and then start earning income through trading commissions, PMO informed.

During the plan period, Prime Minister Modi will also transfer funds totaling more than 200 million rupees to more than 100,000 beneficiaries under the Mukhya Mantri Kanya Sumangala plan. The program provides conditional cash transfers to girls at different stages of their lives. The total transfer amount for each beneficiary is 15,000 rupees.

“These stages are at birth (2,000 rupees), completion of a full year of vaccination (1,000 rupees), category I admission (2,000 rupees), category VI admission (2,000 rupees), and admission-IX (3,000 rupees), Enter any degree or diploma program after passing the X level or XII level (5,000 rupees),” it added.

Advertisement

In addition, the Prime Minister will also lay the foundation for 202 supplementary nutrition manufacturers. These units are funded by self-help groups, and the cost of constructing a unit is approximately Rs 1 crore.

The PMO said in its announcement that these units will provide supplementary nutrition in 600 neighborhoods in the state under the Integrated Child Development Plan (ICDS).

Complete News Source : Business World

Advertisement

Trending

Startups that use excerpts from their own pitch are sent legal notifications by Shark Tank India; the creator responds, “Kaise banega naya India?”

Published

on

By

Startups that use excerpts from their own pitch are sent legal notifications by Shark Tank India; the creator responds, “Kaise banega naya India?”

After getting a legal letter from Sony Pictures for copyright infringement, the subscription-based tea business Dorje Teas found itself in deep water for utilising footage from their own pitch on YouTube and Meta advertisements.

The founders of the subscription-based tea company Dorje Teas, Ishaan Kanoria and Sparsh Agarwal.

While many entrepreneurs, especially those with startups, have found transformation through the business reality TV series Shark Tank India, the narrative is slightly different for Dorje Teas, a subscription-based tea firm that ships organic and fresh-from-the-farm Darjeeling Tea to consumers throughout India. Sony Pictures Networks India slapped the firm with a legal notice, which has placed it in hot water.

Co-founder Sparsh Agarwal of the company, who brought Dorje Teas to Shark Tank India last year and raised funds of Rs 30 lakh for 15% equity from Anupam Mittal, Peyush Bansal, and Vineeta Singh, valued the business at Rs 2 crore, recently revealed on LinkedIn that they received a legal notice from Shark Tank India for utilising snippets of their own pitch.

Agarwal claims that they received a notification about copyright infringement for utilising these clips in YouTube and Meta advertisements. It appears that Sony Pictures has sent notice to other companies besides Dorje Teas. He said, “They’ve clamped down on every single startup that showed up on Shark Tank, so we’re not the only ones.”

Advertisement

“I don’t understand why they would do this, even though I am aware of the copyright rules that justify it. After all, Dorje Teas and several other businesses, like Skippi, Assembly, Perfora, Hoovu Fresh, Beyond Snack, Wakao Foods, Nasher Miles, and many more, invest thousands of dollars each month to enhance Shark Tank content, which helps the Shark Tank India brand get free exposure and increase brand memory,” he continued.

Agarwal went on to call it a poor business choice that some executive or lawyer at Sony had made, adding that it “goes against the entire ethos of promoting small startups.”

Additionally, the focus of Shark Tank Season 3 has been on creating a new India and assisting the startup environment in India. “How will we construct a ‘new India’ in this manner?’” he questioned in a self-recorded video.

On social media, Agarwal was met with praise, while some contended that Sony’s actions were legitimate in theory. “Dear Sparsh, you must realise that ‘You are the content’ in this situation. You play a big part in content production. You posted the material that features you on your social media accounts (Facebook, Instagram, YouTube, and so on), but not on Sony’s. You might say that the traffic they were supposed to get was somehow redirected to them. A content strategist made the observation, “You are monetizing your social channels with the content they produce.”

Advertisement

“The first person to provide a sneak peek in the content industry attracts greater attention. Furthermore, it’s possible that you agreed to sign a waiver giving them perpetual rights to the footage they shot. They said, “Verify your contract or try to recall signing any electronic documents on the filming locations that make this clear.

“You are investing lakhs of dollars to promote Shark Tank, while Shark Tank is investing billions of dollars to plan and publicise the programme that features your brand.” Simply alter your viewpoint, as another poster pointed out.

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Podcast Platforms – https://anyfm.in

Advertisement
Continue Reading
Anyskill-ads

Facebook

Trending