General Awareness

GOVERNMENT POLICIES AND SCHEMES - December 2019

Dec 2019

Jan 30, 2021

Parliament to Consider Bills to Ban Private Cryptocurrencies, Set up DFI

The Budget session of the Parliament will contemplate introduction of two keys payments that search to ban personal cryptocurrencies and arrange a growth finance establishment for infrastructure financing.
The government will introduce the 'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 that seeks to create a "facilitative framework" for creation of official digital foreign money that might be issued by the Reserve Bank of India. The Bill will prohibit all personal cryptocurrencies in India, however will permit for sure exceptions to advertise the underlying know-how of cryptocurrency, and its makes use of.
The government may even introduce The National Bank for Financing Infrastructure and Development (NaBFID) Bill, 2021 by which a brand-new Development Financial Institution might be arranged.
Besides these, the present Parliament session may even contemplate 18 different payments, together with the Finance Bill, for passage.
This contains Multi-State Cooperative Societies (Amendment) Bill, 2021 that can allow co-operative societies to raise assets extra successfully by selling purposeful autonomy and professionalization.
The Competition (Amendment) Bill, 2021 may even be launched to carry structural modifications within the governing construction of the CCI, and to handle the wants for brand spanking new age markets.

Jan 28, 2021

India's Blue Economy Policy

India is working on a Blue Economy Policy that plans to boost island tourism, marine biotechnology, deep-sea mining and the ocean energy sector through innovative financing and business models, according to a draft of the policy released by the ministry of earth sciences for public feedback.
The highlights of the policy include an accounting framework to assess the growth of the blue economy; mapping of India's coastal zones for integrated coastal and marine spatial plans; and dealing with marine pollution, particularly by microplastics and plastics.
Promotion of aqua culture, seaweed and algae harvesting and sustainable marine capture; marine biotechnology for non-food sectors; a boost to the economy and employment through development of ports, fisheries, ship building and coastal and cruise tourism (including island tourism and development) are other aspects of the policy.

Jan 27, 2021

Rajasthan's New M-Sand Policy

The Chief Minister of Rajasthan, Ashok Gehlot, has released the new M-Sand Policy of Rajasthan in light with the government's commitment to meet the quantity of sand which is needed for construction work.
The M-sand policy has been launched with the aim of reducing the dependency on the traditional sand from rivers.
Through this policy, the use and production of manufactured sand or M-sand in the state will be encouraged.
With this policy, the problem of waste generated from the mines in the mining areas of Rajasthan will also be solved.
This will also create huge employment opportunities at the local level.
The policy designated the M-sand units the status of an industry.
In the state of Rajasthan, the availability of sand is not as per the requirement of construction works. There is a demand of around 70 million tonnes of river sand for various construction work. But, only 20 M-sand units are operating in the state. These 20 units produces 20,000 tonnes of M-sand every day. Now, this new M-sand policy will be promoting it as a long-term alternative to gravel and help in setting up of new mining units.

Jan 26, 2021

Shah Launches Cashless Medical Treatment Scheme for CAPF Personnel and Families

Union home minister Amit Shah launched Ayushman CAPF, a cashless medical treatment scheme for central armed police forces personnel and their families in Guwahati.
Under the scheme, nearly 5 million CAPF personnel and their families can avail cashless medical treatment in nearly 24,000 Pradhan Mantri Jan Arogya Yojana (PMJAY) and central government health scheme (CGHS) empanelled private hospital across India.
This scheme is an extension of Ayushman Bharat scheme launched by Prime Minister Narendra Modi.

Jan 25, 2021

Cabinet Approves Investment for 850 MW Ratle Project on Chenab River

The Union Cabinet has approved 850 megawatts (MW) Ratle hydropower project worth Rs. 5281.94 crore on Chenab river in Kishtwar district of Jammu and Kashmir.
The project is being implemented under the Centre's plan to expedite strategically important hydropower projects in the union territory post its reorganisation.
The project will be developed by a new joint venture company between state-run National Hydroelectric Power Corporation (NHPC) Ltd and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC), where NHPC will have a 51% stake in the JV firm, while the balance will be held by JKSPDC.

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