Author: ForumIAS

Government launches PM SVANIDHI scheme to provide affordable loan to street vendors

News: The Ministry of Housing and Urban Affairs has announced a scheme for street vendors named PM Street Vendors Atma Nirbhar Nidhi(PM SVANidhi). Facts: PM SVANidhi: It is a special micro-credit facility scheme to enable more than 50 lakh urban/peri-urban & rural street vendors to restart their livelihoods affected due to the lockdown. Features of… Continue reading Government launches PM SVANIDHI scheme to provide affordable loan to street vendors

Kisan Credit Cards (KCC) campaign launched for 1.5 crore dairy farmers

News: Government of India will provide Kisan Credit Card(KCC) to 1.5 crore dairy farmers belonging to Milk Unions and Milk producing Companies within the next two months under a special drive. Facts: The Kisan Credit Card(KCC) scheme was launched by the Government of India in 1998.  Objective: To provide adequate and timely credit support from… Continue reading Kisan Credit Cards (KCC) campaign launched for 1.5 crore dairy farmers

Explained: What RBI discontinuing 7.75% saving bonds means to investors

News: Government of India has discontinued the 7.75% savings (taxable) bonds,2018 for subscription. Facts: The 7.75% Savings(Taxable) Bonds,2018 were issued with effect from January,2018. Eligibility: The bonds were available for subscription to resident citizens/Hindu Undivided Family (HUF) to invest in a taxable bond. Investment: The minimum investment in this bond starts at Rs 1,000 with… Continue reading Explained: What RBI discontinuing 7.75% saving bonds means to investors

DRDO develops Ultra Swachh for disinfection of PPEs, electronic items, fabrics

News:Defence Research and Development Organization(DRDO) has developed a disinfection unit named Ultra Swachh. Facts: Purpose: To disinfect a wide range of materials, including Personal Protective Equipment (PPEs), electronics items, fabrics and others. Bodies Involved: Developed by Institute of Nuclear Medicine and Allied Sciences, laboratory of DRDO with industry partner Gel Craft Health care Private Ltd.… Continue reading DRDO develops Ultra Swachh for disinfection of PPEs, electronic items, fabrics

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