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GOVERNMENT POLICIES AND SCHEMES - August 2019

Aug 2019

Sep 11, 2019

UP Govt Announces its Maiden Agriculture Export Policy, 2019

  •  In a major step towards doubling the income of farmers in the state, Uttar Pradesh Government has announced its maiden Agriculture Export policy, 2019.
  • The decision was taken in a Cabinet meeting  chaired by Chief Minister Yogi Adityanath. Cabinet also cleared a proposal to compensate victims of lynching as directed by the Supreme Court.
  • Government aims at doubling the export of agricultural commodities by 2024 with the help of farmer producer organisations and various steps like giving incentives and promoting startups.
  • In another major decision, government had for the first time decided to allow procurement of paddy from contract farming and share croppers with certain riders to ensure payment of minimum support price to genuine farmers. 

Modi Launches Slew of Government Schemes For Farmers

  •  Prime Minister Narendra Modi launched the ambitious National Animal Disease Control Programme (NADCP)  in Uttar Pradesh's Mathura, among a slew of government schemes for farmers.
  • With 100 per cent funding from the Centre of Rs 12,652 crore for a period of five years till 2024, NADCP aims at vaccinating over 500 Million livestock including cattle, buffalo, sheep, goats and pigs against foot and mouth disease.
  • The programme also aims at vaccinating 36 million female bovine calves annually in its fight against Brucellosis disease.
  • The programme has two components - to control the diseases by 2025 and eradication by 2030.

Sep 10, 2019

Panel to Review Division of Assets and Liabilities

  •  The Centre has constituted a three-member committee to look into distribution of assets and liabilities of Jammu and Kashmir between two successor Union territories, which will come into existence on October 31, 2019.
  • Former defence secretary Sanjay Mitra will be the chairman of the committee, retired Indian Administrative Services (IAS) officer Arun Goyal and retired Indian Civil Accounts Service (ICAS) officer Giriraj Prasad Gupta will be its members.
  • As per Section 84 of the Act, the assets and liabilities of the existing state of Jammu and Kashmir have to be apportioned between the Union territories of Jammu and Kashmir, and Ladakh.
  • The apportionment of the assets and liabilities of the existing state of Jammu and Kashmir shall be subject to the recommendations of a committee constituted by the central government.

Sep 08, 2019

PM To Launch Rs 13,500cr Livestock Disease Control Scheme

  •  Prime Minister Narendra Modi on September 11, 2019 will launch a Rs 13,500-crore central scheme to control livestock diseases, especially foot and mouth disease (FMD) and brucellosis, from Mathura district in Uttar Pradesh.
  • This was announced by Minister of Fisheries, Animal Husbandry and Dairying Giriraj Singh. Singh exuded confidence that FMD and brucellosis diseases would be eradicated in the next five years with the help of this Rs 13,500 crore vaccination scheme.
  • The minister said these diseases need to be eradicated to boost exports.

Centre Constitutes Task Force For Drawing Up National Infrastructure Pipeline

  •  The Central government  constituted a task force for drawing up the National Infrastructure Pipeline (NIP) of Rs 100 lakh crore from the fiscal year 2019-20 to 2024-25.
  • The Task Force headed by Economic Affairs Secretary will identify technically feasible and economically viable infrastructure projects that can be initiated during the current fiscal.
  • To achieve the gross domestic product (GDP) of five trillion dollars by 2024-25, India needs to spend about 1.4 trillion dollars (Rs 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about 1.1 trillion dollars on infrastructure.

Sep 07, 2019

Govt Launches Updated Credit Linked Capital Subsidy Scheme For MSMEs

  •  The government launched the updated Credit linked Capital Subsidy Scheme (CLCSS) to allow micro, small and medium enterprises (MSMEs) access to capital.
  • MSME Minister Nitin Gadkari announced the government would prepare a final report on the recommendations of the U K Sinha committee, which had been set up by the Reserve Bank of India (RBI) to suggest expeditious ways to strengthen MSMEs.
  • Gadkari said the CLCSS scheme would be crucial in raising MSME contribution to gross domestic product from the current 29 per cent to 50 per cent, in addition to increasing exports from the sector to 50 per cent from 40 per cent now.
  • The scheme provides an upfront subsidy of 15 per cent on institutional credit up to Rs 1 crore for MSMEs in the specified 51 sub-sectors.

Sep 06, 2019

Govt Launches Updated Credit Linked Capital Subsidy Scheme For MSMEs

  •  The government launched the updated Credit linked Capital Subsidy Scheme (CLCSS) to allow micro, small and medium enterprises (MSMEs) access to capital.
  • MSME Minister Nitin Gadkari announced the government would prepare a final report on the recommendations of the U K Sinha committee, which had been set up by the Reserve Bank of India (RBI) to suggest expeditious ways to strengthen MSMEs.
  • Gadkari said the CLCSS scheme would be crucial in raising MSME contribution to gross domestic product from the current 29 per cent to 50 per cent, in addition to increasing exports from the sector to 50 per cent from 40 per cent now.
  • The scheme provides an upfront subsidy of 15 per cent on institutional credit up to Rs 1 crore for MSMEs in the specified 51 sub-sectors.
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