Reserve Bank of India (RBI) released revised priority sector lending (PSL) guidelines to augment funding for COVID-19 impacted companies. Facts: Aim: To align Priority Sector lending with emerging national priorities and bring sharper focus on inclusive development. Key Revised PSL Guidelines: Bank finance for start-ups (up to ₹50 crore), loans to farmers for installation of… Continue reading Priority Sector Lending (PSL) guidelines
Author: abrar
Assisted Reproductive Technology Regulation Bill, 2020
Assisted Reproductive Technology Regulation Bill, 2020 News: Government of India has introduced “The Assisted Reproductive Technology (Regulation) Bill, 2020” in the Lok Sabha. Facts: Aim: To regulate the assisted reproductive technology (ART) clinics and the assisted reproductive technology banks, prevention of misuse, safe and ethical practice of assisted reproductive technology services. Key Provisions of the… Continue reading Assisted Reproductive Technology Regulation Bill, 2020
Pesticides Management Bill (PMB), 2020
The Pesticides Management Bill (PMB), 2020 was introduced in the Rajya Sabha in March 2020. It seeks to replace the Insecticides Act, 1968. Facts: Aim: To protect the interest of farmers and ensure they get safe and effective pesticides. Key Features: Information to Framers: Farmers would be empowered to get all information regarding the available… Continue reading Pesticides Management Bill (PMB), 2020
‘Back to Village’ programme in J&K
Back to Village(B2V) programme News: Jammu and Kashmir Government announced the third phase of ambitious Back to Village(B2V) programme. Facts: Back to Village(B2V) programme: The programme aims to involve the people of the state and government officials in a joint effort to deliver the mission of equitable development. It also aims to energize Panchayats and… Continue reading ‘Back to Village’ programme in J&K
Union Cabinet approves Mission Karmayogi
News: The Union Cabinet approved the Mission Karmayogi – National Programme for Civil Services Capacity Building (NPCSCB). Facts: Mission Karmayogi: It is a nationwide programme to lay the foundation for capacity building of civil servants so that they remain entrenched in Indian Culture while they learn the best practices across the world. Aim: To prepare… Continue reading Union Cabinet approves Mission Karmayogi
Five Star Villages Scheme
Aim: To ensure universal coverage of flagship postal schemes in rural areas of the country by increasing public awareness and reach of postal products and services. Schemes Covered under the Five Star scheme include: Savings Bank accounts, Recurring Deposit Accounts, NSC / KVP certificates Sukanya Samriddhi Accounts/ PPF Accounts Funded Post Office Savings Account linked… Continue reading Five Star Villages Scheme
E-Gopala App
It is a comprehensive breed improvement marketplace and information portal for direct use of farmers. Features: The app will provide solutions on the aspects of: Managing livestock including buying and selling of disease-free germplasm in all forms (semen, embryos, etc.). Availability of quality breeding services (Artificial Insemination, veterinary first aid, vaccination, treatment, etc.). Guiding farmers… Continue reading E-Gopala App
GST Compensation Cess
What is Cess? A cess is an earmarked tax that is collected for a specific purpose and ought to be spent only for that. Cess may initially go to the CFI but has to be used for the purpose for which it was collected. Cess collections are supposed to be transferred to specified Reserve Funds… Continue reading GST Compensation Cess
Comptroller and Auditor General (CAG) of India
Comptroller and Auditor General (CAG) It is a constitutional body established under Article 148 of the Constitution of India. Purpose: CAG audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government. Appointment: CAG is appointed by the President of India following a… Continue reading Comptroller and Auditor General (CAG) of India
Departmentally Related Standing Committees (DRSCs)
Departmentally Related Standing Committees (DRSCs) News: In the current Lok Sabha, 17 Bills were referred to committees. Parliamentary Committees are established to study and deal with various matters that cannot be directly handled by the legislature due to their volume. Constitutional Provision: Indian Constitution mentions two kinds of parliamentary committees under Article 118 (1) of the… Continue reading Departmentally Related Standing Committees (DRSCs)
