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PIB Summaries 20 October 2022

CONTENTS

  1. Pradhan Mantri Awas Yojana (Gramin)
  2. India Post Payments Bank
  3. Geological Survey of India

Pradhan Mantri Awas Yojana (Gramin)


Focus: GS II- Welfare Schemes

Why in News?

On the occasion of Dhanteras, Prime Minister will participate in ‘Griha Pravesham’ of about 4.51 Lakh beneficiaries of Pradhan Mantri Awaas Yojana – Gramin in Satna, Madhya Pradesh on 22nd October at 4 PM via video conferencing.

About Pradhan Mantri Awas Yojana

  • Pradhan Mantri Awas Yojana (Ministry of Housing and Urban Poverty Alleviation, Launched on 25th June 2015) is an initiative by Government of India in which affordable housing will be provided to the urban poor with a target of building 20 million affordable houses by 31 March 2022.
  • It has two components i.e. Pradhan Mantri Awas Yojana (Urban) (PMAY-U) for the urban poor and Pradhan Mantri Awaas Yojana (Gramin) (PMAY-G and also PMAY-R) for the rural poor.
  • This scheme is converged with other schemes to ensure houses have a toilet, Saubhagya Yojana electricity connection, Ujjwala Yojana LPG gas connection, access to drinking water and Jan Dhan banking facilities, etc.
  • The houses under Pradhan Mantri Awas Yojana would be constructed through a technology that is eco-friendly, while allotting ground floors in any housing scheme under PMAY, preference will be given to differently abled and older persons.
  • 3 Phases of PMAY envisage starting and completing the house construction work  i.e. Phase I (2015-2017), Phase II (2017-2019), and Phase III (2019-2022).

Click Here To Read More: Pradhan Mantri Awas Yojana (Gramin)


India Post Payments Bank


Focus: GS III- Indian Economy

Why in News?

India Post Payments Bank (IPPB) and Reserve Bank Innovation Hub (RBIH) have come together to focus their efforts on enhancing the reach of financial solutions to large sections of society across India and enabling frictionless finance to a billion Indians.

Details:

The collaboration between IPPB and RBIH will explore projects which shall have impact on the masses by:

  • Leveraging the deep rural reach of IPPB-Department of Posts (DoP) to take Rural Finance to a billion Indians.
  • Enabling access to sustainable and secure finance services to every segment of the society, through research and innovation.
  • Additionally, IPPB shall be an active participant and partner with RBIH on initiatives of national importance led by RBIH

Click Here To Read More: India Post Payments Bank


Geological Survey of India


Focus: GS II: Polity and Governance

Why in News?

Ministry of Mines Reviews Geological Survey of India (GSI) Functioning in Kolkata

About the Geological Survey of India (GSI)

  • The Geological Survey of India (GSI) was founded in 1851 and it is an attached office to the Ministry of Mines.
  • The GSI was founded for:
    • Conducting geological surveys and studies of India and
    • Acting as a prime provider of basic earth science information to government, industry and general public, as well as the official participant in steel, coal, metals, cement, power industries and international geoscientific forums.
  • The main functions of GSI relate to creation and updation of national geoscientific information and mineral resource assessment.
  • These objectives are achieved through ground surveys, air-borne and marine surveys, mineral prospecting and investigations, multi-disciplinary geoscientific, geo-technical, geo-environmental and natural hazards studies, glaciology, seismotectonic study, and carrying out fundamental research.
  • Outcome of work of GSI has immense societal value. Functioning and annual programmes of GSI assume significance in the national perspective.
  • GSI, headquartered at Kolkata, has six Regional offices located at Lucknow, Jaipur, Nagpur, Hyderabad, Shillong and Kolkata and State Unit offices in almost all States of the country.

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