Economy

Possible solutions are: Expand the outreach of the formal credit system to reach the really poor and needy. Reduce rate of interest for crop loans to 4 per cent simple, with government support. Moratorium on debt recovery, including loans from non-institutional sources, and waiver of interest on loans in distress hotspots and during calamities, till … Read more DMPQ: Give possible suggestions for credit enhancement for farmers.

PM-KISAN stands for Pradhan Mantri KisanSamman Nidhi. The scheme announced to provide income support to the marginal and small farmers. To provide an assured income support to the small and marginal farmers, the Government is launching the Pradhan Mantri KisanSamman Nidhi (PM-KISAN).Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be … Read more DMPQ: PM-KISAN

Land reforms: Distribute ceiling-surplus and waste lands; Prevent diversion of prime agricultural land and forest to corporate sector for non-agricultural purposes. Ensure grazing rights and seasonal access to forests to tribals and pastoralists, and access to common property resources. Establish a National Land Use Advisory Service, which would have the capacity to link land use … Read more DMPQ:What possible solutions do you suggest for Land reforms and irrigation? (ECONOMY)

The major problems are as follows: Rudimentary infrastructure and policies leads to slow agricultural growth. The average size of landholding is small. Poor socio economic conditions of farmers. Use of technology is inadequate. No proper management of irrigation. Vulnerability of agriculture sector is high to wards hazards and disaster. Dependence of agriculture on vagaries of … Read more DMPQ- What are the problems faced by agriculture sector in India? (ECONOMY)

  MONETARY POLICY TOOL:   There are several direct and indirect instruments that are used for implementing monetary policy. Repo Rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF). Reverse Repo Rate: The (fixed) … Read more Quick Revision- MONETARY POLICY TOOL

Pradhan Mantri Ujjwala Yojana (PMUY) aims to safeguard the health of women & children by providing them with a clean cooking fuel – LPG, so that they don’t have to compromise their health in smoky kitchens or wander in unsafe areas collecting firewood. Pradhan Mantri Ujjwala Yojana was launched by Hon’ble Prime Minister Shri Narendra … Read more DMPQ- Ujjwala yojana and its benefits.

The Monetary Policy Committee (MPC) constituted by the Central Government under Section 45ZB determines the policy interest rate required to achieve the inflation target. The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016,  to provide for a statutory and institutionalised framework for a Monetary Policy Committee, for … Read more DMPQ- Write short note on Monetary Policy committee.

Digital Advancement of Rural Post Office for A New India (DARPAN) is aimed at realizing financial inclusion of un-banked rural population. The Project shall increase the rural reach of the Department of Posts and enable Branch Post Offices to increase traffic of all financial remittances, savings accounts, Rural Postal Life Insurance, and Cash Certificates etc.  … Read more DMPQ: DARPAN Scheme.

National Cooperative Development Corporation (NCDC) has introduced YuvaSahakar-Cooperative Enterprise Support and Innovation Scheme.  This is a youth friendly scheme which will attract youths to cooperative business ventures.  The scheme will be linked to Rs.1000 crore Cooperative Start-up and Innovation Fund (CSIF)‘.  The scheme envisages 2% less than the applicable rate of interest on term loan … Read more DMPQ:YuvaSahakar Scheme

World Food Programme It is the food-assistance branch of the United Nations and the world’s largest humanitarian organization addressing hunger and promoting food security. It was formally established in 1963 by the FAO and the United Nations General Assembly. Head Quartered at Rome. The operations are funded by voluntary donations from world governments, corporations and … Read more DMPQ: Short Note on World Food Programme.