Current Affairs 02 July 2022

CONTENTS

1. Self-Help Groups (SHGs) 
2. Unlawful Activities (Prevention) Act, 1967 (UAPA)
3. G-Sec yields
4. Small Savings Schemes

Self-Help Groups (SHGs) 

Context:

Government is aiming at raising the annual income of each woman in Self-Help Groups (SHGs) to Rs 1 lakh by 2024.

Relevance:

GS III- Indian Economy

Dimensions of the Article:

1. What are SHGs?
2. General Issues related to SHGs
3. Socio-Cultural Hurdles in Penetration of SHGs in Rural Areas
4. Measures Taken by the Government to Promote the SHGs
5. Suggestions to Improve the Working of SHGs

Click Here To Read More: Self-Help Groups (SHGs) 

Unlawful Activities (Prevention) Act, 1967 (UAPA)

Context:

A Union Minister has said it was necessary to have certain laws like the Unlawful Activities Prevention Act (UAPA) so that action could be taken against terrorists and those who “behead other people”.

Relevance:

 GS III- Security Challenges

Dimensions of the Article:

1. The Unlawful Activities (Prevention) Act (UAPA), 1967
2. Unlawful Activities Prevention Amendment Bill, 2019
3. Some Concerning Points about the designation of someone as terrorist
4. Issues with UAPA

Click Here To Read More: Unlawful Activities (Prevention) Act, 1967 (UAPA)

G-Sec Yields

Context:

Recently, the government said that it had decided to keep interest rates on small savings instruments unchanged for the July-September quarter, defying expectations of a hike in rates given the sharp rise in government security (G-sec) yields over the last three months.

Relevance:

GS III- Indian Economy

Dimensions of the Article:

1. What are G-Sec yields?
2. How are G-sec yields calculated?
3. How do G-sec yields go up and down?
4. What do G-sec yields show?

Click Here To Read More: G-Sec Yields

Small Savings Schemes

Context:

Recently, the government kept interest rates unchanged on Small Savings Schemes, including NSC (National Savings Certificate) and PPF (Public Provident Fund), for the second quarter of 2022-23 amid high inflation and rising interest rate.

• The interest rate on small savings schemes has not been revised since the first quarter of 2020-21.

Relevance:

GS III- Indian Economy

Dimensions of the Article:

1. About Small Saving Schemes/Instruments
2. What are the different saving schemes?

Click Here To Read More: Small Savings Schemes