Source: PIB Contents1 What is the News?2 About Stand Up India Scheme:3 Eligibility Condition for Loans under Stand Up India Scheme:4 Changes made in the Scheme: What is the News? The Ministry of Finance has informed Lok Sabha that the Stand Up India Scheme has been extended up to the year 2025. About Stand Up… Continue reading Stand Up India Scheme extended up to the year 2025
Category: SCHEMES
Prime Minister inaugurates and dedicates PRASHAD projects in Varanasi
Source: PIB What is the News? The Prime Minister has inaugurated the Tourism Facilitation Centre and operation of Cruise Boat in Varanasi. These projects have been developed under the PRASHAD Scheme. About the PRASHAD Scheme: The National Mission on Pilgrimage Rejuvenation and Spiritual Heritage Augmentation Drive(PRASHAD) was launched by the Ministry of Tourism in the… Continue reading Prime Minister inaugurates and dedicates PRASHAD projects in Varanasi
Cabinet approves continuation of scheme for judicial infrastructure development
Source:PIB What is the News? The Central government has approved the continuation of the Centrally Sponsored Scheme (CSS) for the Development of Infrastructure Facilities for Judiciary for a further five years till 2026. Scheme for Development of Infrastructure Facilities for Judiciary: The Centrally Sponsored Scheme(CSS) for Development of Infrastructure Facilities for Judiciary has been in… Continue reading Cabinet approves continuation of scheme for judicial infrastructure development
G-secs: RBI unveils Retail Direct Scheme
Source: The Hindu Contents1 What is the News? 2 About RBI Retail Direct Scheme: 3 What are Government Securities(G-secs)? 4 What are NDS(Negotiated Dealing System)? What is the News? The Reserve Bank of India(RBI) has announced the launch of the RBI Retail Direct scheme. About RBI Retail Direct Scheme: RBI Retail Direct Scheme is a one-stop solution to facilitate investment in… Continue reading G-secs: RBI unveils Retail Direct Scheme
PLI schemes evoke mixed response: IT, mobile steal a march on other sectors
Source: Indian Express What is the News? The production-linked incentive(PLI) schemes for several sectors have received a good response. However, the scheme is struggling across most other sectors where it has been rolled out. About PLI Scheme: The scheme aims to invite foreign investors to set up their manufacturing units in India. Similarly, it also… Continue reading PLI schemes evoke mixed response: IT, mobile steal a march on other sectors
Cabinet approves Rs. 3.03 lakh crores reform-based power distribution scheme
Source: PIB What is the News? The Union Cabinet has approved a Reforms-based and Results-linked, Revamped Power Distribution Sector Scheme. About Reform Based Power Distribution Scheme: Aim: To improve the operational efficiencies and financial sustainability of DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance for strengthening of supply infrastructure. Objectives of… Continue reading Cabinet approves Rs. 3.03 lakh crores reform-based power distribution scheme
Explained: Ration card reform, so far
Source: Indian Express Contents1 What is the News?2 What is One Nation One Ration Card (ONORC)?3 How does ONORC work?4 Incentives to States: What is the News? The Supreme Court has directed all states and Union Territories to implement the One Nation, One Ration Card (ONORC) system by July 31st,2021. What is One Nation One… Continue reading Explained: Ration card reform, so far
Free foodgrain supply until Nov to cost over ₹67,200 cr
What is the News? Cabinet has approved key decisions related to food grains, merger of CWC and CRWC and deal with Caribbean Island Nations on Tax matters. About Pradhan Mantri Garib Kalyan Anna Yojana (PMGKY) It was announced as part of the relief package during the COVID-19 pandemic. Aim: To ensure sufficient food for the… Continue reading Free foodgrain supply until Nov to cost over ₹67,200 cr
Aspirational District Programme – Achievements and Suggestions – Explained, Pointwise
Contents1 Introduction2 About the Aspirational Districts Programme3 Institutional framework and core strategy4 Why was it praised by the UNDP?5 Achievements of Aspirational Districts Programme6 Issues associated with the Aspirational Districts Programme7 Suggestions to improve the Aspirational Districts Programme8 Conclusion Introduction The United Nations Development Program (UNDP) India has released a report titled ‘Aspirational Districts Programme:… Continue reading Aspirational District Programme – Achievements and Suggestions – Explained, Pointwise
Sub-Mission on Agricultural Mechanization (SMAM)
What is the News? The Government of India released funds for various activities to empower Sub-Mission on Agricultural Mechanization(SMAM). Various activities include the establishment of Custom Hiring Centres, Farm Machinery Bank and distribution of various agricultural machinery to different states. Note: Agriculture mechanization is the process of replacing human and animal labour with machines in the… Continue reading Sub-Mission on Agricultural Mechanization (SMAM)