Pradhan Mantri Krishi Sinchayee Yojana : Aadhaar Cards Being Misused To Create Beneficiaries Under the Pradhan Mantri Krishi Sinchayee Yojana, Aadhaar cards being misused to create beneficiaries under Per Drop More Crop Scheme in Jharkhand state has been revealed. Pradhan Mantri Krishi Sinchayee Yojana was launched in 2015 to improve farm productivity and ensure better […]
RuPay Card : Permit Banks To Issue RuPay Prepaid Forex Cards
RuPay Card : Permit Banks To Issue RuPay Prepaid Forex Cards The Reserve Bank of India (RBI), in a bid to broaden the scope of RuPay cards has decided to permit banks to issue RuPay Prepaid forex cards to customers and to issue such cards abroad. RuPay card is an Indian domestic card scheme conceived […]
TAPI Gas Pipeline : Joint Implementation Plan
TAPI Gas Pipeline : Joint Implementation Plan To speed up work on Turkmenistan, Afghanistan, Pakistan, and India (TAPI) gas pipeline project and finish the feasibility study as soon as possible, Pakistan and Turkmenistan recently signed a Joint Implementation Plan (JIP). TAPI Pipeline is an 1,814-kilometre pipeline that aims to transport 33 billion cubic metres of […]
First Loss Default Guarantee : RBI
First Loss Default Guarantee : RBI The Reserve Bank of India (RBI) has recently granted its approval for First Loss Default Guarantee (FLDG) framework. FLDG is a lending model between fintech firms and their partner banks and non-banking finance companies where the initial hit on a default is taken by the fintech firm that originated […]
Daily Current Affairs for UPSC IAS: 9th June 2023
Today’s Current Affairs: 9th Jun 2023 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
‘Antardrishti’ : Financial Inclusion Dashboard
‘Antardrishti’ : Financial Inclusion Dashboard The Reserve Bank of India Governor launched a financial inclusion dashboard named ‘Antardrishti’. Antardrishti dashboard provides the necessary knowledge to evaluate and track the development of financial inclusion by recording relevant data. It will also make it possible to assess the degree of financial exclusion at a local level across […]
Fifth State Food Safety Index
Fifth State Food Safety Index: The union Health Minister released the fifth State Food Safety Index in New Delhi. Among the large state category: Kerala is the top-ranking state followed by Punjab and Tamil Nadu. Among the small states category: Goa is the top-ranking state followed by Manipur, and Sikkim in the Small States category. […]
Trade Receivables Discounting System (TReDS) Platform : RBI
Trade Receivables Discounting System (TReDS) Platform : RBI The Reserve Bank on Wednesday expanded the trade receivables discounting system (TReDS) by permitting insurance companies to function as participants. Trade Receivables Discounting System (TReDS) platform is an electronic platform for facilitating the financing/discounting of trade receivables of Micro, Small, and Medium Enterprises (MSMEs) through multiple financiers. […]
Kilauea Volcano : Erupted Recently
Kilauea Volcano : Erupted Recently The Kilauea volcano on Hawaii’s Big Island erupted recently, according to an advisory from the U.S. Geological Survey (USGS). Kilauea Volcano is the youngest and most active Hawaiian shield volcano, located on the southern part of the Island of Hawaii, known as Big Island. It is near-constantly erupting from vents […]
Minimum Support Price (MSP) For Kharif Crops : 2023-2024
Minimum Support Price (MSP) For Kharif Crops : 2023-2024 The Indian government has approved the Minimum Support Price (MSP) for kharif crops for the 2023-24 season, aiming to provide fair remuneration to farmers. However, concerns have been raised by farmers’ organisations regarding the increase not keeping up with rising input costs. The Centre claimed that […]
