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
PM condoles demise of Rajya Sabha MP Shri Oscar Fernandes. Dr. Oscar Fernandes was an Indian politician, a senior Indian National Congress leader and was the Union Cabinet Minister for Transport, Road and Highways and Labour and Employment, Government of India in UPA government.
Former Union Minister Shri Vijay Goel took charge as Vice Chairman of Gandhi Smriti and Darshan Samiti at a function in Gandhi Smriti, New Delhi, the site of the Martyrdom of Mahatma Gandhi, the Father of the Nation.
PM to lay the foundation stone of Raja Mahendra Pratap Singh State University in Aligarh on 14 September
Prime Minister will also visit the exhibition models of Aligarh node of Uttar Pradesh Defence Industrial Corridor
The University is being established by the State Government in the memory and honour of the great freedom fighter, educationist and social reformer, Raja Mahendra Pratap Singh
The establishment of a Defense Industrial Corridor in Uttar Pradesh was announced by the Prime Minister while inaugurating the UP Investors Summit in Lucknow on February 21, 2018. A total of 6 nodes – Aligarh, Agra, Kanpur, Chitrakoot, Jhansi and Lucknow – have been planned in the Defense Industrial Corridor.
Centre reduces the standard rate of duty on Crude Palm Oil, Crude Soyabean oil and Crude Sunflower Oil to 2.5%
- In order to ensure availability of edible oil to consumers at fair prices, Government of India has further reduced the standard rate of duty on Crude Palm Oil, Crude Soyabean oil and Crude Sunflower Oil to 2.5% with effect from 11.09.2021 and
- The standard rate of duty on Refined Palm Oils, Refined Soyabean oil and Refined Sunflower Oil to 32.5% with effect from 11.09.2021.
- In the same notification the Agri-cess for Crude Palm Oil has been increased from 17.5% to 20%.
Previous Decisions
The Government, Vide Notification No. 34/2021- Customs, dated 29thJune, 2021, has reduced the standard rate of duty on Crude Palm Oil to 10% from 30.06.2021 and will have effect upto 30th September, 2021.
The Government, vide DGFT’s Notification No. 10/2015-2020 dated 30th June, 2021, has amended the import policy of Refined Palm Oils from “restricted” to “free” with immediate effect and for a period of upto 31.12.2021.
The Government, Vide Notification No. 40/2021- Customs, 19th August, 2021, has reduced the standard rate of Duty on Crude Soyabean Oil and Crude Sunflower Oil to 7.5% and Refined Soyabean Oil and Sunflower oil to 37.5% with effect from 20.08.202
Financial Outline: The duty cuts already made amount to an estimated Rs.3500 crore in a full year. With the current/latest reduced import duty worth Rs.1100 crore in full year, total direct value of benefits expected to be passed on to the consumers, in terms of duties given up by Government, is Rs 4600 crore.
‘2+2’ Ministerial Dialogue between India & Australia
The 2+2 dialogue signifies the importance of the India – Australia Comprehensive Strategic Partnership.
- Ms Marise Payne - Foregin and Education Minister of Austrailia
- Mr Peter Dutton - Defence Minister of Austrailia
Economical and Environment-Friendly Saline Gargle RT-PCR technique transferred to MSME Ministry
In a notable step forward in India’s fight against COVID-19, Nagpur-based National Environmental Engineering Research Institute (NEERI) under the Council of Scientific and Industrial Research (CSIR-NEERI) has transferred the know-how of indigenously developed Saline Gargle RT-PCR technique, used for testing COVID-19 samples
The Saline Gargle RT-PCR technology is simple, fast, cost-effective, patient-friendly and comfortable; it also provides instant test results and is well-suited for rural and tribal areas, given minimal infrastructure requirements.
- The principal inventor of Saline Gargle RT-PCR technology is NEERI scientist Dr. Krishna Khairnar and the team of research scholars of Environmental Virology, at CSIR-NEERI, Nagpur.
Ministry of Civil Aviation grants drone use permission to ICMR & IIT, Bombay
- Ministry of Civil Aviation (MoCA) and Directorate General of Civil Aviation (DGCA) have granted conditional exemption from Drone Rules, 2021 to the Indian Council of Medical Research (ICMR) and Indian Institute of Technology, Bombay (IIT-B).
- Earlier, on 11th September 2021, Union Minister for Civil Aviation Jyotiraditya Scindia had launched first of its kind ‘Medicines from the Sky’ project at Vikarabad in Telangana state under which drugs and vaccines will be delivered using drones.
India–Africa Defence Dialogue to be held alongside every DefExpo
The foundation of India–Africa defense relations are based on the two guiding principles namely ‘SAGAR’, Security and Growth for All in the Region’ and ‘Vasudhaiva Kutumbakam’, The World is One Family.
The first-ever India Africa Defense Ministers Conclave (IADMC) was held in Lucknow, Uttar Pradesh in conjunction with DefExpo on February 06, 2020
In furtherance of the declaration and in consultation with stakeholders, India proposes to institutionalize the India Africa Defense Dialogue during successive DefExpos to be held once every two years.
- DefExpo is scheduled to be held at Gandhinagar, Gujarat in March 2022.
- The broad theme of this India Africa Defense Dialogue will be ‘India – Africa: Adopting Strategy for Synergizing and Strengthening Defense and Security Cooperation’.
- It has been decided that Manohar Parrikar Institute for Defense Studies and Analyses shall be the knowledge partner of India Africa Defense Dialogue and will assist in providing necessary support for enhanced defense cooperation between India and Africa.
India and US launch the Climate Action and Finance Mobilization Dialogue (CAFMD)
- India and the United States of America (USA) today (13th Sep) launched the “Climate Action and Finance Mobilization Dialogue (CAFMD)”.
- The CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 partnership launched at the Leaders' Summit on Climate in April 2021, by Prime Minister Shri Narendra Modi and US President Mr. Joseph Biden.
- The dialogue was formally launched by Union Minister of Environment, Forest and Climate Shri Bhupender Yadav and Mr. John Kerry, U.S. Special Presidential Envoy for Climate (SPEC), at an event held in New Delhi.
During the Food Processing Week 6-12th September, 21 Food Processing Projects costing Rs. 416.59 crores inaugurated under the ‘Azadi Ka Amrit Mahotsav’
- The Ministry of Food Processing Industries organized "Food Processing Week" from 6th September 2021 to 12th September 2021 as part of the Azadi Ka Amrit Mahotsav.
- With the aim to provide modern infrastructure facilities for Food Processing Industries along the value chain from farm to the market, 21 food processing projects were inaugurated by the Union Minister for Food Processing Industries, Shri Pashupati Kumar Paras and Minister of State for Food Processing Industries, Shri Prahlad Singh Patel.
- The total cost of these projects is Rs. 416.59 crore, and the Ministry approved a grant-in-aid of Rs. 104.21 crore for these projects.
Minimum support price for agriculture crops
The MSP approved for designated Rabi Crops for 2022-23 during Rabi Marketing Season is higher or equal to 1.5 times of cost of production
The expected returns to farmers over their cost of production is estimated to be highest in case of Wheat (100%) and rapeseed/mustard (100%), followed by lentil (79%) and gram (74%); barley (60%); safflower (50%)
Based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Government of India declares MSP
MSP is announced for the Kharif crops of Paddy, Jowar, Bajara, Ragi,Maize, Arhar, Moong, Urad, Cotton, Groundnut, Sunflower Seed , Soyabean ,Sesamum .
The Rabi crops for which MSP is announced are Wheat, Barley, Gram, Masur, Rapeseeds& Mustard, Safflower and Toria.
Apart from this, MSP is announced for Copra, De-husked Coconut, Jute and Fair Remunerative Prices (FRP) is announced for Sugarcane.
The factors considered by CACP for fixing MSP include cost of production, domestic and international prices, demand-supply conditions, inter-crop price parity, terms of trade between agricultural and non-agricultural sectors.
Increased procurement under at MSP During 2020-21 :-
- As against previous year procurement of 773.45 LMT,over 879 LMTs of paddy procured on MSP for ongoing season for 2020-21 benefitting about 130 Lakh farmers. Around 433.44 LMT wheat was procured for RMS 2021-22, against the last year corresponding purchase of 389.93 LMT, benefitting about 49.20 Lakh farmers.
- During the cropping year 2020-21 which includes Kharif 2020-21, Rabi 2021 and Summer 2021 season, the Government through its Nodal Agencies has procured 12 LMT of pulses and oilseeds having MSP value of Rs. 6,742 Crores benefitting more than 7 lakhs farmers.
- During the current year ,a quantity of 91,89,310 cotton bales valuing Rs. 26,719.51 crore has been procured from 18.86 lakhs cotton farmers.
Table 2. Status of increase in procurement through MSP for various crops over the years:
News Source : Multiple PIB Articles
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