Soil Health Card Scheme

Context The Soil Health Card Scheme has completed 5 years since its launch. Soil Health Card Scheme Soil Health Card (SHC) is a Government of India’s scheme promoted by the Department of Agriculture & Co-operation under the Ministry of Agriculture and Farmers’ Welfare. It is being implemented through the Department Read More …

SUTRA PIC India Programme

Context Recently the government has unveiled SUTRA PIC programme to research on ‘indigenous’ cows. About SUTRA PIC SUTRA PIC stands for Scientific Utilization Through Research Augmentation-Prime Products from Indigenous Cows. To be funded by multiple scientific ministries, the initiative, SUTRA PIC, is led by the Department of Science and Technology Read More …

Farmer Producer Organizations (FPOs)

Context The Cabinet Committee has given its approval for 10,000 FPOs to be formed in five years period from 2019-20 to 2023-24 to ensure economies of scale for farmers. What are Farmer Producer Organizations? A Producer Organisation (PO) is a legal entity formed by primary producers, viz. farmers, milk producers, fishermen, Read More …

Tilhan Mission

Context The government will launch Tilhan Mission to make the country self-reliant in oilseed production. About the Mission India is the fourth largest vegetable oil economy in the world after the USA, China and Brazil. Today, the oilseeds account for 13% of the cropped area in the country. Still, India Read More …

Vivaad se Vishwas Bill 2020

Context: Recently Finance Minister Nirmala Sitharaman introduced in the Lok Sabha the much-awaited ‘Direct Tax Vivad Se Vishwas’ Bill 2020 to provide for resolution of disputed direct taxes. About the issues: The tax litigation process in India is time-consuming and cumbersome. A plethora of cases is pending before various appellate Read More …

Budget 2020 Top Announcements

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2020 in the parliament today. The Finance Minister highlighted three prominent themes of the Budget 2020-aspirational India, economic development and caring society. Key schemes- Budget 2020 1. Kisan Rail: The Indian Railways will set up Kisan Rail through PPP arrangement for the transportation of perishable goods. The trains Read More …

Telecom Consumer Education Protection Fund

Context : The Telecom Regulatory Authority of India (TRAI) said telecom service providers will need to deposit all unclaimed money of consumers, including excess charges and security deposit, in the Telecommunication Consumers Education and Protection Fund (TCEPF). About TCEPF Telecommunication Consumers Education and Protection Fund Regulations of 2007 offers a Read More …

First Advance Estimates

Context According to the data released by the Ministry of Statistics and Programme Implementation (MoSPI), India’s gross domestic product will grow by just 5 per cent in the current financial year (2019-20). Last financial year, 2018-19, the Indian economy grew at 6.8 per cent. The gross value added (GVA), which maps the Read More …

‘Operation Twist’

Context The Reserve Bank of India decided to conduct its version of ‘Operation Twist’ through simultaneous purchase and sale of government securities under Open Market Operations (OMOs) for Rs 10,000 crore each on December 23. Operation Twist is the name given to a US Federal Reserve monetary policy operation, which Read More …