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Government opens skill training centres at Bihar madrasas

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New Delhi: The central government on Monday launched skill training centres in three madrasas in Bihar as part of Prime Minister Narendra Modi’s ‘Sabka Sath Sabka Vikas’ campaign. “The launch of the skill training centres through traditional educational institutions is an important milestone towards achieving the objective of skilling the minority community across the country,” union Minority Affairs Minister Najma Heptullah said. Union Agriculture Minister Radha Mohan Singh said an amount of Rs.3.6 crore has been released to the three madrasas in Patna, Motihari and Kesariya.

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Heptullah said the scheme will bring together specialized training providers, leading industry bodies and trainees. “The core objective of the scheme is to provide top quality skill training at the neighborhood as per the demand of the market to the students who are currently enrolled with traditional educational institutions like madrassas or have dropped out,” she said. The centres rolled out on a pilot project basis would be extended to other madrassas. Prime Minister Narendra Modi recently announced a special financial package of Rs.1.25 lakh crore for Bihar. In addition, the Centre has also notified 21 districts, including state capital Patna, as backward areas and offered them tax rebate.

(IANS)

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RBI To Transfer 50,000cr Surplus To The Central Government

The Reserve Bank's income comprises of earnings from foreign and domestic sources, with the major portion being contributed by interest receipts, complemented by relatively small amounts of income from discount, exchange, commission, etc.

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Reserve Bank of India. VOA

The Reserve Bank of India (RBI) on Wednesday said that it will transfer Rs 50,000 crore as surplus to the central government for the year ended June 30, 2018.

The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government’s coffers for the year ended June 30, 2017.

According to RBI, the decision to transfer the surplus was taken by its Central Board which met here on Wednesday.

The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government's coffers for the year ended June 30, 2017.
The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government’s coffers for the year ended June 30, 2017.

The Reserve Bank’s income comprises of earnings from foreign and domestic sources, with the major portion being contributed by interest receipts, complemented by relatively small amounts of income from discount, exchange, commission, etc.

Also Read: RBI Penalty not to have any material impact: IDBI Bank

The RBI Act stipulates that after making provisions for contingencies and corpus funds as defined therein, the balance profit of the apex bank is to be transferred to the central government. (IANS)