Recapitalization of Regional Rural Banks approved by Union Cabinet

The Union Cabinet under the chairmanship of PM Modi on March 25, 2020, approved the recapitalization of regional rural banks (RRB) to improve the capital to risk weighted assets ratio. Highlights The Committee approved the continuation of recapitalization of RRBs. ..

Month: Current Affairs - March, 2020

PM Kisan Mobile App launched to succeed “Doubling Farmer Income by 2022”

The successful completion of one year of Pradhan Mantri Kisan Samman Nidhi is being celebrated on February 24, 2020. In order to commemorate its success, PM Kisan Mobile app was launched by the Minister of Agriculture and Farmer Welfare Narendra ..

Month: Current Affairs - February, 2020

PM-Kisan Yojana and its Shortcomings

The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) is a cash transfer programme for farmers. About the Scheme The PM-Kisan Yojana was originally introduced to supplement the financial needs of small and Marginal Farmers. But the scheme has been now expanded ..

Bulletin: Pradhan Mantri Kisan Pension Yojana

The Union Cabinet chaired by Prime Minister Narendra Modi has approved Pradhan Mantri Kisan Pension Yojana, a new Central Sector Scheme (CSS), to provide pension cover to farmers. This decision was taken at the first Cabinet meeting after formation of ..

Month: Current Affairs - June, 2019

Pradhan Mantri Kisan Pension Yojana

In a landmark decision, the government has decided to launch a pension scheme for farmers under Pradhan Mantri Kisan Pension Yojana. About the Scheme The scheme aims to provide small and marginal farmers with a minimum fixed pension of Rs ..

PM-KISAN Scheme Extended to all Farmers

The government approved a proposal to extend the benefit of Rs 6,000 per year under the PM-KISAN scheme to all farmers. PM-KISAN The PM-KISAN scheme was introduced in the interim budget of 2019. Under the scheme, the government provided Rs ..