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Why in the News? Proposal for the Pradhan Mantri Suryoday Yojana to increase household rooftop solar system adoption. Aimed at providing free electricity to 1 crore families consuming less than 300 units monthly. Source: NavitaSolar About Pradhan Mantri Suryodaya Yojana : Estimated cost of around ₹1 lakh crore, with Union government PSUs responsible for installation …
Read MoreWhy in the News? Introduction of heavy fines equal to the market value of damaged public property. Amendment of Prevention of Damage to Public Property Act, 1984, and consideration of new laws. Source: Brainly Recommendation in Amendments: Recognition of destruction of public property during protests, riots, and agitations. Compelling offenders to deposit estimated value of …
Read MoreWhy in the News? Finance Minister Nirmala Sitharaman asserts that 25 crore Indians were lifted out of poverty in the past decade. This achievement is attributed to the government’s inclusive policies under ‘Sabka ka Saath’. Source: IE Basis of Assessment: Discussion paper titled “Multidimensional Poverty in India Since 2005-06” by NITI Aayog, co-authored by Ramesh …
Read MoreWhy in the News? Uttarakhand government has prepared a draft to implement Uniform Civil Code In the State. Source: Organizer Key Aspects of the Draft: Exemption for tribal communities from proposed legislation. Prioritization of women’s equality and ban on practices like polygamy. Uniform marriage age suggested across religions. Punishment for practices like halala, iddat, and …
Read MoreSyllabus: GS 3 : Government Budgeting Focus: India’s economic strategy, characterized by fiscal prudence and capital expenditure-led growth, has garnered global acclaim for its effectiveness in navigating economic challenges while fostering inclusive development. Emphasizing fiscal responsibility alongside strategic investments in infrastructure and human capital, India’s approach aims to create a conducive environment for sustainable economic …
Read MoreWhy in the News? Finance Minister echoes Prime Minister’s pledge to electrify one crore households through rooftop solar setups in the Interim Budget 2024-25. Each household can potentially receive 300 units of free electricity monthly, amounting to yearly benefits of ₹15,000-18,000 by selling surplus power back to distribution companies. Budget Allocation and Current Scenario: Government …
Read MoreWhy in the News? The Union Ministry of Railways receives ₹2.55 lakh crore for FY 2024-25, a 5.8% increase from the previous year’s allocation. Finance Minister announces three major economic railway corridor programs. About Economic Corridor Programs: Three major economic railway corridor programs: Energy, Mineral, and Cement Corridor; Port Connectivity Corridor (Rail Sagar); and High-Traffic …
Read MoreWhy in the News? The Finance Minister announces a new scheme for bio-manufacturing and bio-foundry in the interim Budget speech. About the Scheme: Aims to promote eco-friendly alternatives like biodegradable polymers, bio-plastics, pharmaceuticals, and agricultural inputs. Part of the strategy to boost India’s bio-economy, targeting a $300 billion contribution by 2030, aligning with sustainability and …
Read MoreWhy in the News? ASHA and anganwadi workers will now receive health cover under Ayushman Bharat, aiming to enhance healthcare accessibility for grassroots health workers. The Interim Budget increases the allocation to the Health Ministry to ₹90,658.63 crore, with additional funding for the Ayush Ministry. Health Sector Enhancements: The U-WIN platform for managing immunization and …
Read MoreWhy in the News? The Centre reduces fertilizer subsidies, citing improved conditions in Ukraine and higher domestic production. The Fertilizer Department’s allocation for the Budget is ₹1,64,150.81 crore, down from ₹1,75,148.48 crore in the previous year. Source: IE Key Highlights: Food subsidy allocation rises, including ₹2,05,250 crore for PM-GKAY and ₹1 lakh crore for Sugar …
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