Pradhan Mantri Viksit Bharat Rozgar Yojana

Aug 15, 2025 - 16:38
Aug 16, 2025 - 16:39
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Dorjilung Hydropower Project

This 1125 MW project is a joint venture between Bhutan’s Druk Green Power Corporation (DGPC) and India’s Tata Power Company Limited.

 

Apna Ghar Initiative

The Government of India launched the ‘Apna Ghar’ initiative to improve the safety and well-being of truck drivers during long journeys.

 

India-U.S. Trade Tensions

The U.S. imposed a 25% penalty tariff on Indian goods due to India’s continued import of Russian oil.

 

Pradhan Mantri Viksit Bharat Rozgar Yojana

The Centre government launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) on 15 August 2025. The scheme aims to boost formal employment by providing financial incentives to both first-time employees(15000rs) and employers(3000rs). Operated by the Employees’ Provident Fund Organisation (EPFO), the scheme has a budget of ₹99,446 crore and targets the creation of over 3.5 crore jobs in two years.

 

Two-Tier GST System Proposed

The Centre has proposed a simplified Goods and Services Tax (GST) system with two main slabs – standard and merit. This reform aims to replace the existing four slabs of 5%, 12%, 18%, and 28%.