Daily PIB Summary & Analysis for RBI Grade B 2022, NABARD Grade A 2021, and SEBI Grade A Exam. In this Article we will discuss Press Information Bureau (PIB) Programs and their Summary for RBI Grade B Economics and Social Issue Section.
Press Information Bureau (PIB) releases news related to the policies, programmes, initiatives and achievements of the Government of India. PIB releases are important to be read for the RBI Grade B Exam however, equally important is to know which PIB release should be read.
The Press Information Bureau (PIB) is the nodal agency of the government of India to broadcast and publicize information on government policies, initiatives, achievements and working of every ministry and department within the government through its official website using various articles, images and photographs
Mandate of Ministry of Cooperation
Functions allocated to the Ministry of Cooperation as per the Government of India (allocation of Business) Rules, 1961 are given below:
- General Policy in the field of Co-operation and Co-ordination of co-operation activities in all sectors.
- Realization of vision “from cooperation to prosperity”.
- Strengthening of cooperative movement in the country and deepening its reach up to the grassroots.
- Promotion of cooperative-based economic development model, including the spirit of responsibility among its members to develop the country.
- Creation of appropriate policy, legal and institutional framework to help cooperatives realise their potential.
- Matters relating to National Co-operative Organization.
- National Co-operative Development Corporation (NCDC)
With the “Cooperation” related entries in the business of erstwhile Department of Agriculture, Cooperation and Farmers Welfare now assigned to Ministry of Cooperation, so there shall be no overlap between the functions of Ministry of Cooperation and Department of Agriculture and Farmers Welfare (earlier Department of Agriculture, Cooperation and Farmers Welfare) under Ministry of Agriculture and Farmers Welfare.
- Remember as per the Mandate of Govt of India yesterday, All the Co-Operative related activities under Department of Agriculture under Ministry of Agriculture and Farmer Welfare will come under Ministry of Cooperation which means NCDC, NAFED will come under New Ministry
Increasing Cooperative Activities in Agriculture Sector (Ministry of Cooperation)
Assistance is provided under Central Sector Integrated Scheme on Agricultural Cooperation (CSISAC) scheme through National Cooperative Development Corporation (NCDC) for promoting, developing and financing cooperatives undertaking various agriculture and allied activities.
- These comprise, inter alia, marketing, storage and processing of agricultural produce besides supply of agricultural inputs.
- Subsidy to the tune of 15% to 25% is provided to Cooperatives depending on the category of state in addition to term loan.
Government also provides Guarantee for procurement operations of National Agricultural Cooperative Marketing Federation of India (NAFED).
Under CSISAC scheme assistance is provided for providing training to farmers who are members and employees of various types of cooperative societies through National Cooperative Union of India (NCUI) and National Council for Cooperative Training (NCCT).
DPE brings out 60th annual Public Enterprises Survey 2019-20 (Ministry of Finance)
The Department of Public Enterprises (DPE), Ministry of Finance, Government of India annually brings out the Public Sector Enterprises Survey on the performance of Central Public Sector Enterprises (CPSEs).
- PE Survey which is a 100% enumeration of the CPSE universe, captures essential statistical data for all CPSEs on various financial and physical parameters.
- PE Survey divides CPSEs into five sectors namely Agriculture, Mining & Exploration, Manufacturing, Processing & Generation, Services, and Enterprises Under Construction and further into 21 cognate groups.
- The Survey covers those CPSE’s wherein Government of India holds more than 50% equity.
- Subsidiaries of these companies, if registered in India, in which CPSE(s) has more than 50% equity stake are also categorized as CPSEs.
- As per the PE Survey 2019-20 as on 31st March, 2020 there are 256 operational CPSEs.
The Highlights of the performance of Central Public Sector Enterprises (CPSEs), during 2019-20 are as under:
- Total Paid-up Capital in all CPSEs as on 31.3.2020 stood at Rs 3,10,737 crore.
- Total Financial Investment in all CPSEs was Rs 21,58,877 crore.
- Capital Employed in all CPSEs was Rs 31,16,455 crore.
- Gross Revenue from Operations of 256 operating CPSEs during the Financial Year 2019-20 was Rs 24,61,712 crore.
- Profit of 171 profit-making CPSEs stood at Rs 1,38,112 crore in Financial Year 2019-20.
- Loss of 84 loss making CPSEs was Rs 44,817 crore in Financial Year 2019-20.
- Reserves and Surplus of all CPSEs stood at Rs 9,57,579 crore as on March 31, 2020.
- Net Worth of all CPSEs was Rs 12,35,706 crore as on March 31, 2020.
- Dividend declared/paid by 105 CPSEs in Financial Year 2019-20 stood at Rs 72,136 crore.
- Contribution of all CPSEs to Central Exchequer by way of excise duty, custom duty, GST, corporate tax, interest on Central Government loans, dividend, and other duties and taxes stood at Rs 3,76,425 crore in Financial Year 2019-20.
- Foreign Exchange Earnings of CPSEs through export of goods and services stood at Rs 1,21,756 crore in Financial Year 2019-20.
Note : DPE brings out 60th annual Public Enterprises Survey 2019-20 (Comes Under Chapter Economic Reforms under ESI)
- As you know Department of Public Enterprises (DPE) has come under Ministry of Finance, Government of India, so going forward we will have to cover news related to this Department in Detail for Economics and Social Issue.
3,964 existing Government funded vacant houses have been converted into ARHCs for urban migrants/poor
As a positive development, so far, under Model-1, 3,964 existing Government funded vacant houses have been converted into Affordable Rental Housing Complexes for urban migrants/poor
What is ARHC Scheme for Urban Migrants/ Poor?
COVID-19 pandemic has resulted in reverse migration of urban migrants/ poor in the country. Urban migrants stay in slums/ informal settlements/ unauthorized colonies/ peri-urban areas to save cost on housing. They need decent rental housing at affordable rate at their work sites.
In order to address this need, Ministry of Housing & Urban Affairs has initiated Affordable Rental Housing Complexes (ARHCs), a sub-scheme under Pradhan Mantri AWAS Yojana- Urban (PMAY-U).
ARHC Scheme is being implemented in all Statutory Towns as per Census 2011 and Towns notified subsequently, Notified Planning Areas and areas of Development/Special Area Development/Industrial Development Authorities.
The ARHC scheme will be implemented through two models:
- Utilizing existing Government funded vacant houses to convert into ARHCs through Public Private Partnership or by Public Agencies
- Construction, Operation and Maintenance of ARHCs by Public/ Private Entities on their own vacant land
Beneficiaries for ARHCs are urban migrants/ poor from EWS/ LIG categories.
- ARHCs will be a mix of single/double bedroom Dwelling Units and Dormitory of 4/6 beds including all common facilities which will be exclusively used for rental housing for a minimum period of 25 years.
What will be the Rent under AHRC?
- Initial affordable rent of ARHCs is to be fixed by the local authority based on a local survey. Subsequently, rent will be enhanced biennially by 8% subject to maximum increase of 20% in aggregate, over a period of 5 years effective from the date of signing the contract. The same mechanism shall be followed over the entire concession period i.e. 25 years.
Under the Scheme, Technology Innovation Grant (TIG) of ₹60,000/- per house (Single Bedroom), ₹1,00,000/- (Double Bedroom) and ₹20,000/-per Dormitory Bed has been provisioned for use of innovative emerging construction systems, which help in faster construction of ARHCs, better structural and functional performance.
Modern Technology for Affordable Housings
Under Pradhan Mantri Awas Yojana-Urban (PMAY-U), a Technology Sub-Mission (TSM) has been set up to facilitate the adoption of modern, innovative and green technologies and building materials for faster and quality construction of houses in various States/Union Territories (UTs).
Under TSM, Ministry of Housing and Urban Affairs (MoHUA) initiated Global Housing Technology Challenge-India (GHTC-India) with an objective to identify and mainstream innovative technologies from across the globe that are disaster resilient, sustainable, cost effective, fast and adaptable to suit different geo-climatic conditions of the country.
- Under GHTC-India, 54 innovative technologies from across the world were shortlisted in 6 broad categories.
In order to demonstrate innovative construction technologies identified under GHTC-India, 6 Light House Projects (LHPs) using 6 distinct technologies are being constructed in 6 States i.e. Madhya Pradesh (Indore), Gujarat (Rajkot),Tamil nadu (Chennai), Jharkhand (Ranchi), Tripura (Agartala) and Uttar Pradesh (Lucknow)for wider adoption and replication by housing and real estate sector.
2,781 projects worth ₹ 48,150 crore have been completed under Smart Cities Mission
Government of India launched the Smart Cities Mission (SCM) on 25 June 2015 for development of 100 cities as Smart Cities.
- The selection of 100 Smart Cities has been completed through 4 rounds of selection from January, 2016 to June, 2018.
- Government of India has released ₹ 23,925.83 crore as the Central share to the States/Union Territories (UTs) out of which ₹ 20,410.14 crore (85%) has been utilized by the Smart Cities.
All 4,372 Urban Local Bodies/Cities of the country practising scientific disposal of Municipal Solid Waste
- All 4,372 Urban Local Bodies (ULBs)/Cities of the country are practising scientific disposal of Municipal Solid Waste (MSW) as per the Municipal Solid Waste (MSW) Rules, 2016.
- Out of 1,40,980 Tonnes Per Day (TPD) of municipal waste being generated in the country, 68% i.e., 96,259 TPD, is being processed in a scientific manner.
Sewage management system is not covered under Swachh Bharat Mission-Urban (SBM-U). However, under Atal Mission for Rejuvenation and Urban Transformation (being implemented in 500 cities with population more than 1 lakh), 79 lakh sewer connections have been provided to the households and Sewage Treatment Plants (STPs) of total capacity 1,634 million litres per day (MLD) have been created.
Quality of Life for Elderly Index was released by Dr Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM)
The Index has been created by the Institute for Competitiveness at the request of EAC-PM and it sheds light on an issue often not mentioned- problems faced by the elderly.
The Index framework includes four pillars: Financial Well-being, Social Well-being, Health System and Income Security, and
- Eight sub-pillars: Economic Empowerment, Educational Attainment & Employment, Social Status, Physical Security, Basic Health, Psychological Wellbeing, Social Security and Enabling Environment.
Rajasthan and Himachal Pradesh are top-scoring regions in Aged and Relatively Aged States, respectively.
Chandigarh and Mizoram are top-scoring regions in Union Territory and North-East States category.
The Aged States refer to States with an elderly population of more than 5 million, whereas Relatively Aged States refer to States with an Elderly population of less than 5 million.
PM to participate in ‘Atmanirbhar Narishakti se Samvad’ on 12th August
Prime Minister Shri Narendra Modi will participate in ‘Atmanirbhar Narishakti se Samvad’ and interact with women Self Help Group (SHG) members/community resource persons promoted under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) on 12th August 2021
- Prime Minister will also release capitalization support funds to the tune of Rs. 1625 Crore to over 4 lakh SHGs.
- In addition, he will release Rs. 25 crore as seed money for 7500 SHG members under the PMFME (PM Formalization of Micro Food Processing Enterprises) Scheme of Ministry of Food Processing Industries and Rs. 4.13 crore as funds to 75 FPOs (Farmer Producer Organizations) being promoted under the Mission.
About DAY-NRLM
DAY-NRLM aims at mobilizing rural poor households into Self Help Groups (SHGs) in a phased manner and provide them long-term support to diversify their livelihoods, improve their incomes and quality of life
- Most of Mission’s interventions are being implemented and scaled up by the SHG women themselves who are trained as community resource persons (CRPs) – Krishi Sakhis, Pashu Sakhis, Bank Sakhis, Bima Sakhis, Banking Correspondent Sakhis etc.
Big boost to exports from non-traditional regions, Mohua flower from Chhattisgarh & Himalayan Goat meat from Uttarakhand
Agricultural and Processed Food Products Export Development Authority (APEDA) today facilitated exports of dehydrated Mohua flower from Chhattisgarh and Himalayan goat meat from Uttarakhand to France and United Arab Emirates respectively.
- For the first time, a consignment of dehydrated Mohua flower was exported via sea to France from Chhattisgarh. The produce was sourced from forest in Korba district, Chhattisgarh & processed by APEDA registered Enterprise.
Meanwhile, boosting agricultural exports potential, APEDA in association with Indian embassy today organized a Virtual Buyer Seller Meet (VBSM) with Lao People’s Democratic Republic where key officials and stakeholders from food industries for both the countries participated.
- The virtual meet with Laos was the 37th in the series of VBSM organized by APEDA with various countries for boosting exports of agricultural and processed food from India
APEDA recently facilitated dragon fruit exports from Maharashtra, Gujarat, West Bengal to the United Kingdom, King of Bahrain and Saudi Arabia.
- The cultivation of dragon fruit requires less water and can be grown in various kinds of soils.
- At present, dragon fruit is grown mostly in Karnataka, Kerala, Tamil Nadu, Maharashtra, Gujarat, Odisha, Andhra Pradesh, and Andaman and Nicobar Islands.
- Dragon Fruit, also referred to as Kamalam in India.
Source : Multiple PIB Articles
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