Seva Teerth, the new PMO, Pg1

Key Highlights:

• Prime Minister Narendra Modi shifted the Prime Minister's Office (PMO) to the new Seva Teerth complex from the South Block on Raisina Hill.
• The Seva Teerth complex also houses the National Security Council Secretariat and the Cabinet Secretariat.
• Along with Seva Teerth, two Central Secretariat buildings, Kartavya Bhavan 1 and 2, were also inaugurated.
• The Lakhpati Didi scheme target was doubled to 6 crore, and the Agriculture Infrastructure Fund was doubled to Rs 2 lakh crore.
• A Startup India Fund of Funds 2.0 with a corpus of Rs 10,000 crore was also approved.
• Delhi Metro's Udyog Bhawan station has been renamed as Seva Teerth.
• A scheme for cashless treatment of up to Rs 1.5 lakh for accident victims under the PM RAHAT scheme was approved.

Detailed Insights:

• The North and South Blocks were built by the British as symbols of imperial power, while the new complexes reflect the aspirations of 1.4 billion citizens.
• The Seva Teerth complex is part of the Central Vista redevelopment project and is located on Dara Shikoh Road.
• The Lakhpati Didi scheme aims to empower rural women in Self-Help Groups to earn over Rs 1 lakh per year through income-generating activities.
• The Agriculture Infrastructure Fund aims to improve infrastructure in the agriculture sector, promoting growth and reducing post-harvest losses.
• Startup India Fund of Funds 2.0 will encourage startups in early stages and deep-tech research, fostering innovation and economic growth.
• The PM stated that the new buildings address space shortages and structural deterioration issues in the old North and South Block buildings.
• The approved welfare measures align with the vision of "Nagrik Devo Bhava" and contribute to building a Viksit Bharat.

Key Concepts Involved:

• Central Vista Redevelopment Project: A project to revamp India's central administrative area in New Delhi.
• Lakhpati Didi Scheme: Aims to empower rural women to earn a sustainable income of over Rs 1 lakh per year.
• Startup India Fund of Funds: Government initiative to provide capital to startups through venture capital funds.