CROP DIVERSIFICATION

Why in news? Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW) is implementing a Crop Diversification Programme (CDP) for replacing paddy crop with less water consuming alternative crops to save water and protect soil in the state of Punjab. What is Crop Diversification Programme? Crop Diversification Programme (CDP), a sub scheme of Rashtriya Krishi Vikas […]

WORLD FACES NEW ‘GREAT DEPRESSION’, HALF A BILLION FACE POVERTY

Focus: GS-III Indian Economy, Economic Development, Disaster Management Why in news? The global coronavirus pandemic is causing an economic crisis unlike any in the past century and will require a massive response to ensure recovery, IMF said on 9th April 2020. Around half a billion people could be pushed into poverty as a result of the […]

Essential Commodities (EC) Act 1955

Why in news? MHA writes to States to ensure availability of Essential Goods, by invoking provisions of the Essential Commodities (EC) Act 1955, under Lockdown to fight COVID-19. Details: Offences under the EC Act are criminal offences and may result in imprisonment of seven years or fine or both. The State and Union Territory governments […]

Cabinet approves Non-operation of MPLADS for two years (2020-21 and 2021-22)

Why in news? Cabinet approves non-operation of MPLADS for two years (2020-21 and 2021-22) for managing Covid-19 Details: As a part of Government’s continued efforts to contain spread of COVID 19, the Union Cabinet chaired by the Prime Minister, Shri Narendra Modihas decided not to operate Members of Parliament Local Area Development Scheme (MPLADS) for two […]

FCI SETS ALL TIME RECORD IN SINGLE DAY TRANSPORTATION OF FOOD GRAINS

Why in news? FCI sets an all-time record in a single day’s transportation of food grains. About the FCI: Food Corporation of India (FCI) is a Public Sector Undertaking, under the Department of Food & Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution, GOI. It is a statutory body set up in 1965 […]

Direct cash transfer to women PMJDY account holders under PM Garib Kalyan Package

Why in news: Direct cash transfer to women PMJDY account holders under PM Garib Kalyan Package for the month of April 2020 in the light of COVID-19 pandemic. Ministry involved:   Ministry of Rural Development Details: The Ministry of Rural Development is releasing the lump sum amounts of Rs. 500/- per woman to Pradhan Mantri Jan-Dhan Yojana (PMJDY) account holders (as per number of such accounts intimated by banks), for April 2020, and […]

Union Minster releases National Corona Survey:

Why in news? Dr. Jitendra Singh, Minister of State for Personnel, Public Grievances and Pensions today released the National Preparedness Survey on COVID 19 – Responses of District Collectors and IAS Officers (2014-2018 batches). The objectives of this preparedness survey are as follows: to develop a comparative analysis of COVID 19 preparedness across States; to […]

Foreign Trade Policy 2015-2020 extended for one year

Why in news? Foreign Trade Policy (FTP) 2015-2020 extended for one year till 31st March, 2021. Nodal Ministry: Ministry of Commerce and Industry Objectives of FTP 2015 – 20: To increase India’s merchandise and services exports from US$ 465. 9 billion in 2013-14 to US$ 900 billion by 2019-20. To increase India’s share in the […]

IMF BRINGS DOWN INDIA’S GROWTH FORECAST TO 4.8%

Why in news? The International Monetary Fund (IMF) on 20th January, lowered India’s economic growth estimate for the current fiscal to 4.8% Reasons for slowdown. Decline in rural demand growth and an overall credit sluggishness for the lowering of India forecasts IMF The International Monetary Fund (IMF), is an international organization headquartered in Washington, D.C. […]