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PM inaugurates Medical College, launches Mission Intensified Indradhanush at Vadnagar, Gujarat

Published By : Admin | October 8, 2017 | 12:41 IST
PM Modi inaugurates Medical College at Vadnagar, Gujarat
PM Modi launches Mission Intensified Indradhanush, stresses on vitality of vaccination
Prices of stents have been brought down, we are constantly making efforts to so that healthcare becomes affordable for the poor: PM

The Prime Minister, Shri Narendra Modi, today visited his home town, Vadnagar, for the first time since assuming office of Prime Minister.

Residents of the town thronged the streets to welcome the Prime Minister. He offered prayers at the Hatkeshwar Temple. He also stopped briefly at the school in which he had studied as a child.

The Prime Minister visited GMERS Medical College, Vadnagar, and unveiled a plaque to mark its dedication. He also interacted briefly with students.

At a public meeting, the Prime Minister launched the Intensified Mission Indradhanush, to accelerate progress towards the goal of full immunization coverage. It will provide greater focus on urban areas and other pockets of low immunization coverage. The Prime Minister distributed e-tablets to health workers to mark the launch of ImTeCHO - an innovative mobile phone application to improve performance of ASHAs. He also launched some development works.

 

Addressing an enthusiastic gathering, the Prime Minister said that coming back to one's home town and receiving such a warm welcome is special. Whatever I am today is due to the values I have learnt on this soil, among you all in Vadnagar, the Prime Minister said.

I go back with your blessings and assure you that I will work even harder for the nation, the Prime Minister said to the people of Vadnagar.

The Prime Minister expressed happiness that he had got to inaugurate projects related to the health sector, particularly Intensified Mission Indradhanush. He mentioned how the Government had brought down the prices of stents, and said that the Government is working constantly to make healthcare affordable for the poor.

Mentioning his interaction with students from the medical college, the Prime Minister said that as a society, we require more doctors who can serve the people.

 

 

 

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Cabinet approves equity support to Small Industries Development Bank of India
January 21, 2026
Flow of credit to MSMEs will increase as SIDBI will be able to generate additional resources at competitive rates
Approximately 25.74 lakh new MSME beneficiaries will be added

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank of India (SIDBI).

The equity capital of Rs.5000 crore shall be infused into SIDBI by the Department of Financial Services (DFS) in three tranches of Rs.3,000 crore in Financial year 2025-26 at the book value of Rs.568.65/- as on 31.03.2025 and Rs.1,000 crore each in Financial Year 2026-27 and Financial year 2027-28 at the book value as on 31st March of the respective previous financial year.

Impact:

Post equity capital infusion of Rs.5000 crore, number of MSMEs to be provided financial assistance is expected to increase from 76.26 lakh at the end of Financial Year 2025 to 102 lakhs (approximately 25.74 lakh new MSME beneficiaries will be added) by the end of Financial Year 2028. As per latest data (as on 30.09.2025) available from official website of M/o MSME, 30.16 crore employment is generated by 6.90 crore MSMEs (i.e. employment generation of 4.37 persons per MSME). Considering this average, employment generation is estimated to be 1.12 crore with the expected addition of 25.74 lakh new MSME beneficiaries by the end of Financial Year 2027-28.

Background:

With a focus on directed credit and anticipated growth in that portfolio over the next five years, the risk-weighted assets on SIDBI’s balance sheet are expected to rise significantly. This increase will necessitate higher capital to sustain the same level of Capital to Risk-weighted Assets Ratio (CRAR). The digital and digitally-enabled collateral-free credit products being developed by SIDBI, aimed at boosting credit flow, along with the venture debt being offered to start-ups, will further escalate the risk-weighted assets, requiring even more capital to meet healthy CRAR.

A healthy CRAR, well above the mandated level, is a key to protect credit rating. SIDBI will benefit from an infusion of additional share capital by maintaining a healthy CRAR. This infusion of additional capital would enable SIDBI to generate resources at fair interest rates, thereby increasing the flow of credit to Micro, Small & Medium Enterprises (MSMEs) at competitive cost. The proposed equity infusion in staggered or phased manner will enable SIDBI to maintain CRAR above 10.50% under high stress scenario and above 14.50% under Pillar 1 and Pillar 2 over next three years.