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Cabinet approves Amendment to the ‘Framework on Currency Swap Arrangement for SAARC

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval for amendment to the ‘Framework on Currency Swap Arrangement for SAARC Member Countries’ to incorporate a ‘Standby Swap’ amounting to USD 400 million operated within the overall size of the Facility of USD 2 billion and build in flexibility with respect to modalities of its operation, such as period of swap, roll over, etc. after due consideration of conditions of requesting SAARC member countries and domestic requirements of India. Salient features: Due to heightened financial risk and volatility in global economy, short term swap requirements of SAARC countries could be higher than the agreed lines. The incorporation of ‘Standby Swap’ within the approved SAARC Swap Framework would provide necessary flexibility to the Framework and would enable India to provide a prompt response to the current request from SAARC member countries for availing the swap amount exceeding the present limit prescribed under the SAARC Swap Framework. Background: Cabinet approved the Framework on Currency Swap Arrangement for SAARC Member Countries on March 1, 2012 with the intention to provide a line of funding for short term foreign exchange requirements or to meet balance of payments crises till longer term arrangements are made or the issue is resolved in the short-term itself. Under the Facility, RBI offers swaps of varying sizes in USD, Euro or INR to each SAARC member country depending on their two months import requirement and not exceeding US$ 2 billion in total. The swap amount for each country has been defined in the above Facility, subject to a floor of USD 100 Million and a maximum of USD 400 Million. Each Drawal will be for three months tenor and upto maximum of two rollovers. RBI will negotiate the operational details bilaterally with the Central Banks of the SAARC countries availing the Standby Swap.
Governor of Aichi Prefecture of Japan Hideaki Ohmura calls on PM

Mr. Hideaki Ohmura, Governor of Aichi Prefecture of Japan called on Prime Minister Shri Narendra Modi today. Shri Narendra Modi fondly recalled his meetings with Mr. Ohmura in 2012 and 2014, and appreciated the close business ties between Aichi-based Japanese companies and India. Governor Ohmura briefed Prime Minister Modi about his efforts to promote greater trade and investment relations between Japan and India. The Prime Minister welcomed the initiatives taken by Japanese SMEs in this regard, and promised all possible support through the “Japan Plus” mechanism to their endeavours. The Prime Minister also called for closer interactions between Indian states and Japanese prefectures to promote business to business ties.
PM addresses India Carpet Expo at Varanasi, via Video Conference

The Prime Minister, Shri Narendra Modi, today, addressed via video conference, the India Carpet Expo at Varanasi. Welcoming guests from India and abroad, the Prime Minister noted that this is the first time that the India Carpet Expo is being organized at the Deendayal Hastkala Sankul, in Varanasi. He mentioned Varanasi, Bhadohi and Mirzapur as important centres of the carpet industry. He spoke of efforts being made to encourage handicrafts, small and medium industries. The Prime Minister said that India has a long tradition of handicrafts, and Varanasi has played a key role in this regard. In this context, he mentioned the great saint poet, Kabir, who also belonged to the same region. He said handicrafts have been a source of inspiration, in the freedom struggle, and for self-reliance. In this context, the Prime Minister mentioned Mahatma Gandhi, Satyagraha, and the Charkha. The Prime Minister said that India is today the biggest producer of carpets, and has about 35 percent of the global marketshare. He spoke of the impressive export performance of this sector. He said the rising middle class, and the support provided to the carpet industry are two key factors behind the growth in this sector. He appreciated the skills of the carpet makers, which have made the “Made in India carpet” a big brand. He spoke of the logistic support being provided to carpet exporters, and the creation of world class laboratories to ensure quality. He also spoke of other facilitation measures, including modern looms and credit facilities being made available to the sector. The Prime Minister asserted that the Union Government is committed to ensuring that the skill and hard work of the carpet makers, becomes one of the strengths of the nation.
PM congratulates Naveen Kumar for winning a Gold Medal in Men’s Freestyle 74 Kg wrestling

The Prime Minister, Shri Narendra Modi has congratulated Naveen Kumar for winning a Gold Medal in Men’s Freestyle 74 Kg wrestling at Birmingham CWG 2022. In a tweet, the Prime Minister said; “More glory thanks to our wrestlers. Congratulations to Naveen Kumar for winning a Gold medal. His remarkable confidence and excellent technique have been on full display. Best wishes for his upcoming endeavours. #Cheer4India”
Modification in the policy for liberalisation of administratively allotted Spectrum

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the modifications in the policy for liberalisation of administratively allotted spectrum where market determined prices were not available. This will facilitate optimal utilisation of spectrum by introducing new technologies, sharing and trading of spectrum. The most recent recommended reserve price will be taken as the provisional price for liberalisation of administratively allocated spectrum where auction determined price is not available. Subsequent to the completion of the ensuing auction and with the availability of auction determined price, the provisional price already charged will be adjusted with the auction determined price with effect from the date of liberalisation on pro-rata basis. This decision was taken on the basis of the recommendations of the sector regulator, TRAI and approximately and a sum of Rs.1300 crore is likely to accrue by this process.
PM’s Remarks at the One Ocean Summit

President Macron, Excellencies, Namaskar! I congratulate President Macron on this important global initiative for oceans. India has always been a maritime civilization. Our ancient scriptures and literature talk about the gifts of the oceans including marine life. Today, our security and prosperity are linked to oceans. India’s ”Indo-Pacific Oceans Initiative” contains marine resources as a key pillar. India supports the French initiative of a ”High Ambition Coalition on Bio-diversity Beyond National Jurisdiction ”. We hope for a legally binding international treaty this year. India is committed to eliminating single-use plastic. India recently undertook a nation-wide awareness campaign to clean plastic and other waste from coastal areas. Three hundred thousand young people collected almost 13 tons of plastic waste. I have also directed our Navy to contribute 100 ship-days this year to cleaning plastic waste from the seas. India will be happy to join France in launching a global initiative on single use plastics. Thank you, President Macron.
PM Inaugurates Technology Demonstration Site at Kevadia

Prime Minister Shri Narendra Modi,inaugurated the Technology Demonstration Site at Kevadia in Gujarat, today. Technological Demonstration Site consisted ofvarious displays by Police and Paramilitary forces, showcasing modern technologies including the exhibition of lethal and non-lethal arms. CISF, CRPF, BSF,NSG and various State police contingents displayed their modern technology centering on various themes like aviation security, modernization of forces, digital initiatives etc. While CISF’s themecenteredonintegratingmodern technologywith a focus on faster and efficient facial recognition technology at airports, NSG showcased the security kits, modernweaponry and remote controlled vehicles and equipment. Ministry of Home Affairs prominently displayed the initiative of ‘112’, signifying one number for all emergencies. The highlights of MHA display were National Database on Sexual Offenders, e-Mulaqat and other digital initiatives. The CRPF stall displayed the gallantry medals and honours received by the CRPF personnel. The history displaying the saga of valour since 1939 and memorable battles fought by CRPF were also exhibited. Prime Minister also visited the exhibitions by Gujarat Police, which showcased the Vishwas project and modern technology gears. Delhi Police highlighted the digital initiatives while the J&K police exhibited security vehicles used for ensuring the safety and security of the nation.
PM speaks on telephone with His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, Kingdom of Bahrain

Prime Minister Shri Narendra Modi spoke on telephone today with His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, Kingdom of Bahrain. HRH Prince Salman conveyed greetings on the occasion of Republic Day of India. Both leaders reviewed the bilateral relations between India and Bahrain and expressed satisfaction that the relationship has seen continued progress in diverse sectors including political, trade and investment, energy, health, security and people-to-people contacts. India and Bahrain are celebrating the Golden Jubilee of establishment of diplomatic relations between two countries in 2021-22. Prime Minister thanked the Bahraini Leadership for taking excellent care of the Indian community in Bahrain during the Covid pandemic, as also for looking after their social and cultural needs. Prime Minister Shri Narendra Modi conveyed his greetings to HM King Hamad bin Isa Al Khalifa and reiterated his invitation to HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, for a visit to India at an early date.
PM condoles the passing away of Jammu and Kashmir CM Mufti Mohammad Sayeed

The Prime Minister, Shri Narendra Modi has condoled the passing away of Jammu and Kashmir CM Shri Mufti Mohammad Sayeed. “Mufti Sahab’s demise leaves a huge void in the Nation and in Jammu and Kashmir, where his exemplary leadership had a major impact on people’s lives. RIP. What stood out about Mufti Sahab was his statesmanship. In his long political journey he won many admirers across the political spectrum. Mufti Sahab provided a healing touch to Jammu and Kashmir through his leadership. He will be missed by all of us. Condolences to his family and supporters”, the Prime Minister said.
India and Portugal: Cooperation from Outer Space to Deep Blue Seas

During the visit of Prime Minister Narendra Modi to Lisbon, the two sides signed MoUs for creation of an India Portugal Space Alliance and for advancing collaborative research. These agreements will promote India’s science and technology partnership with Portugal, towards the establishment of a unique Centre on the Azores Archipelago – the Atlantic International Research Centre. This Centre will act as a research, innovation and knowledge hub for trans-atlantic and north-south cooperation. An international network of research and academic organizations will be created. The goal is to provide a shared environment to support research and foster new climate, earth, space and marine research. With respect to space, cooperation is expected to include development and cooperation of next generation nano and micro satellites. On marine sciences, the project would enable India to study the atmospheric and ocean behaviour of the Atlantic and its linkages with weather patterns including the Monsoon.
PM extends wishes to Jewish people around the world on Rosh Hashanah

The Prime Minister, Shri Narendra Modi has extended his warmest wishes to the Prime Minister of Israel, Naftali Bennett, the friendly people of Israel, and the Jewish people around the world on the occasion of Rosh Hashanah. In a tweet, the Prime Minister said; “Warmest wishes to Prime Minister @naftalibennett, the friendly people of Israel, and the Jewish people around the world celebrating Rosh Hashanah today. @IsraeliPM”
PM greets and salutes the teaching community on Teachers’ Day; pays tributes to Dr. Sarvepalli Radhakrishnan

Prime Minister, Shri Narendra Modi has greeted and saluted the teaching community on Teachers’ Day. The Prime Minister also paid tributes to Dr. Sarvepalli Radhakrishnan. “Greetings and salutations to the teaching community on Teachers’ Day. My tributes to the great scholar and teacher Dr. Sarvepalli Radhakrishnan”, the Prime Minister said.
PM’s message on ‘Tika Utsav’

My dear countrymen, Today, we are launching ‘Tika Utsav’ from 11th April, which is the birth anniversary of Jyotiba Phule. The ‘Tika Utsav’ will continue till 14th April, i.e., the birth anniversary of Baba Saheb Ambedkar. This festival is, in a way, the beginning of another major war against Corona. We have to lay special emphasis on personal hygiene as well as social hygiene. We must remember these four things. Each One- Vaccinate One, that is, help those who are less educated and elderly, who cannot go and get vaccinated themselves. Each One- Treat One, that is, help people who do not have the means or do not know about the facilities available for vaccination. Each One- Save One, i.e., Emphasis should be that I should wear a mask and in this way I save myself and save the lives of others also. And the fourth important thing is that in the event of someone contracting corona, the people of the society should lead in the creation of ‘micro-containment zones’. Family members and people of the society should create a ‘micro-containment zone’ wherever a Corona positive case has been reported. In a country with a dense population like India, ‘micro-containment zone’ is also an important way to fight corona. In the event of detection of a single positive case, it is very important for all of us to be alert and to test the rest of the people. At the same time, the society and the administration have to make every effort to get the vaccine administered to the eligible people. We have to ensure that not a single vaccine is lost. We have to move towards zero vaccine waste. In the meantime, we have to move towards optimum utilization of the country’s vaccination capacity. This is also a way to increase our capacity. Our success will be determined by our awareness of the ‘micro containment zone’. Our success will be determined not to leave the house when there is no need. Our success will be decided that those who are eligible for vaccination are vaccinated. Our success will also depend on whether we wear masks and follow other rules. Friends, In these four days, we have to make every effort to achieve our goals at the individual level, at the society level and at the administration level. I am confident that we will once again be able to control corona with people’s participation and discharging our responsibility, while remaining alert. Remember– Medicine as well as strict adherence to protocols. Thank you! Yours, Narendra Modi.
PM extends best wishes to the wrestler, Deepak Nehra on winning Bronze Medal in Men’s Freestyle 97 Kg wrestling

The Prime Minister, Shri Narendra Modi has extended best wishes to thw wrestler, Deepak Nehra on winning Bronze Medal in Men’s Freestyle 97 Kg wrestling at Birmingham CWG 2022. The Prime Minister tweeted; “Another wrestler, another laurel for India! Glad that Deepak Nehra has won the Bronze medal in the CWG22 Freestyle Wrestling event. Deepak has displayed remarkable grit and commitment. My best wishes to him for his upcoming endeavours. #Cheer4India”
“Excited to meet PM Shinzo Abe:  -; PM tweets in Japanese for the first time

The Prime Minister, Shri Narendra Modi, has tweeted in Japanese for the first time, to talk to the people of Japan directly in Japanese. A team of Japanese volunteers helped with the translation. Following is the English translation of the tweets:- “On 30th August I will begin my visit to Japan. I am keenly looking forward to the visit, which will boost relations between our two Nations. Japan visit will be my 1st bilateral visit outside the subcontinent. I was to visit in early July but could not due to Parliament session. I see the Japan visit as an opportunity to take our ties with Japan to a new level and increase cooperation in various fields. I will visit Tokyo and Kyoto and will interact with all sections of Japanese society from students, political leaders to captains of industry. Have very warm memories of visiting Japan as a CM. The hospitality and the immense scope for cooperation left a deep impression in my mind. The scale of innovation and level of precision among the people of Japan is admirable. Both our Nations can learn a lot from each other. Am particularly excited to meet PM Abe. I deeply respect his leadership & enjoy a warm relationship with him from previous meetings. Japan’s friendship with India is time tested. We are two vibrant democracies committed to advancing peace and prosperity in the world.”
Corporate Sector extends support to flood-affected people of Jammu and Kashmir

The Corporate Sector is coming forward to extend its support to the flood-affected people of Jammu and Kashmir. The Mahindra & Mahindra Group and Samsung Electronics have donated Rs. 2 Crores and Rs. 3 Crores respectively towards the Prime Minister’s National Relief Fund. Yesterday, the Prime Minister, Shri Narendra Modi, had appealed for generous donations towards Prime Minister’s National Relief Fund, to help the people of Jammu and Kashmir in this hour of crisis.
Telephonic conversation between PM and President of the Russian Federation

Prime Minister received a telephone call today from His Excellency Vladimir Putin, President of the Russian Federation. The Russian President conveyed his greetings on the occasion of Prime Minister’s birthday. Prime Minister Modi expressed his warm appreciation for the gesture. Both leaders reiterated their strong commitment to further strengthen the ‘Special and Privileged Strategic Partnership’ between India and Russia, and expressed appreciation for the continued momentum in bilateral interactions despite the COVID-19 pandemic. In this context, they referred to the recent productive visits to Moscow by Raksha Mantri and External Affairs Minister. Prime Minister Modi thanked President Putin for the successful Russian Chairmanship of the SCO and BRICS this year. He conveyed his eagerness to participate in the forrthcoming SCO and BRICS Summit later this year, as well as the Council of SCO Heads of Government to be hosted by India. Prime Minister Modi thanked President Putin for his personal commitment to strengthening bilateral relations with India, and said that he looked forward to welcoming President Putin in India for the next bilateral summit at a mutually convenient date.
PM salutes Punjab Kesari Lala Lajpat Rai, on his birth anniversary

Prime Minister, Shri Narendra Modi has saluted Punjab Kesari Lala Lajpat Rai, on his birth anniversary. “Punjab Kesari Lala Lajpat Rai was a unique personality who was ahead of his time. I salute this proud son of India on his birth anniversary”, the Prime Minister said.
PM congratulates Chartered Accountants on Chartered Accountants’ Day

The Prime Minister, Shri Narendra Modi, has congratulated Chartered Accountants, on Chartered Accountants` Day. The Prime Minister tweeted: “I congratulate my CA friends on Chartered Accountants Day & convey my best wishes. They have a crucial role to play in India`s progress.”
PM congratulates H.E. John Pombe Magufuli for being sworn-in as President of Tanzania

The Prime Minister, Shri Narendra Modi congratulated H.E. John Pombe Magufuli for being sworn-in as President of Tanzania. The Prime Minister said, ” My congratulations to H.E. John Pombe Magufuli for being sworn-in as President of Tanzania! I look forward to working with him to further strengthen the long-standing friendship between our countries.”
Cabinet approves rationalization of Autonomous Bodies under Department of Health & Family Welfare

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the proposal for closure of Autonomous Bodies, namely, Rashtriya Arogya Nidhi (RAN) and Jansankhya Sthirata Kosh (JSK) and the functions are proposed to be vested in Department of Health & Family Welfare (DoHFW). The rationalization of Autonomous Bodies under Department of Health & Family Welfare will involve inter-ministerial consultations and review of existing bye laws of these bodies. The time frame for implementation is one year, Rashtriya Arogya Nidhi (RAN) was set up as a registered society to provide financial medical assistance to poor patients receiving treatment in designated central government hospitals. An advance is placed with the Medical Superintendents of such hospitals who then provide assistance on a case to case basis. Since the DoHFW provides funds to the hospitals, the grants can be given from the Department to the hospital directly. RAN functions can, therefore, be vested in DoHFW. Managing Committee of RAN Society will meet to dissolve the Autonomous Body (AB) as per provisions of Societies Registration Act, 1860 (SRA). In addition to this, Health Minister’s Cancer Patient Fund (HMCPF) shall also be transferred to the Department. The timeline required for this is one year. Jansankhya Sthirata Kosh (JSK) was set up with a corpus grant of Rs.100 crores in the year 2003 to raise awareness for population stabilization strategies. JSK organizes various activities with target populations as a part of its mandate. There has been no continuous funding to JSK from the Ministry. Population stabilization strategies require private and corporate funding, which can be accessed through JSK. Although, JSK will continue to play a significant role in population stabilization strategies, its existence as an Autonomous Body is not necessary. Hence, JSK as an Autonomous Body can be closed as it can be administered by the Department as a fund. Background: Based on the recommendations of Expenditure Management Commission, NITI Aayog had undertaken a review of the 19 Autonomous Bodies, under the DoHFW, that have been formed under Societies Registration Act, 1860 (SRA) and submitted the Interim Report of the Committee for the Review of ABs with recommendations to rationalize the same. The main concern of the Government is that ABs are required to be reviewed and rationalised with a view to improve their outcomes, effectiveness and efficiency, utilisation of financial and human resources, synergy, governance and relevance in current policy and programme context, with improved monitoring and oversight. The Committee had recommended closure of RAN and JSK and their functions to be vested in the Ministry.
PM greets everyone on Durga Ashtami

The Prime Minister, Shri Narendra Modi has greeted everyone on the occasion of Durga Ashtami. The Prime Minister said that may the blessings of Maa Durga always remain upon us and may her blessings further the spirit of happiness and well-being in our society. In a series of tweets, the Prime Minister said;
PM visits Radha Soami Satsang Beas

The Prime Minister, Shri Narendra Modi visited Radha Soami Satsang Beas today. He interacted Baba Gurinder Singh Dhillon and saw the activities there. The Prime Minister tweeted: “Delighted to have got the opportunity to visit Radha Soami Satsang Beas and see the exceptional work they are doing. Also had an insightful interaction with Baba Gurinder Singh Dhillon Ji, whose passion for service is admirable and inspiring.”