Finance Minister Pranab Mukherjee launched the Swavalamban Scheme of Life Insurance Corporation (LIC) .The scheme seeks to provide pension scheme to the un-organised sector. Under the scheme, the Central government will contribute Rs 1,000 per year to each National Pension Scheme (NPS) account opened in year 2010-11 and for the next three years, till 2013-14.
Award of Merit
Chowmhalla Palace in Hyderabad, spectacular 18th century monument, has been selected for the Heritage “Award of Merit” by the UNESCO, for cultural heritage conservation for 2010.
Amir Khan’s “Peepli Live”, a satire on media’s trivialisation of farmers’ suicide, has been selected as India’s official entry at the 2011 Oscars, in the Best Film category.
The Employee Provident Fund trustees have decided to raise the interest for 2010-11 to 9.5 percent.
India’s first agri-biotechnology institute, the National Agri Food Biotechnology Institute (NABI) is being set up in Mohali, near Chandigarh.
Fund to boost innovation
The National Innovation Council (NIC), a body to promote new ideas for inclusive development, has announced the setting up of a Rs 1,000 crore fund to encourage innovation.
The chairman of the council is Sam Pitroda