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GOVERNMENT POLICIES AND SCHEMES - January 2025

Jan 2025

Jan 02, 2025

The Union Cabinet Approves the Continuation of Pradhan Mantri Fasal Bima Yojana and Restructured ...

  • The Union Cabinet approved the extension of the One-time Special Package on Di-Ammonium Phosphate (DAP) beyond the NBS subsidy for the period from January 1, 2025 till further orders to ensure sustainable availability of DAP at affordable prices to the farmers.
  • The tentative budgetary requirement would be approximately up to Rs. 3,850 crore.
  • The Union Cabinet also approved the continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26 with an overall outlay of Rs. 69,515.71 crore from 2021-22 to 2025-26.
  • The Pradhan Mantri Fasal Bima Yojana and Restructured Weather-Based Crop Insurance Scheme (RWBCIS), launched in 2016, provide farmers with simple, affordable, and comprehensive risk coverage.

AAP's Pujari Granthi Samman Yojana

  • The Aam Aadmi Party (AAP), led by national convener Arvind Kejriwal and Chief Minister Atishi, started the registration drive under its Pujari Granthi Samman Yojana.
  • Under the scheme, AAP has promised to give Rs. 18,000 per month as honorarium to priests in temples and granthis of gurdwaras if it wins the Assembly election due in February 2025.

Jan 01, 2025

Vivad Se Vishwas Scheme Gets One-month Extension

  • The government extended by a month the due date to resolve pending appeals in the case of income tax disputes under the Vivad Se Vishwas Scheme.
  • The Central Board of Direct Taxes (CBDT) extended the due date for determining amount payable from December 31, 2024, to January 31, 2025.
  • The Vivad Se Vishwas Scheme was initially announced in the Union Budget for 2024-25. On September 20, the CBDT notified the Scheme that came into force with effect from October 1, 2024.
  • The Scheme provides for lesser settlement amounts for a 'new appellant' in comparison to an 'old appellant'.
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