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Syllabus: GS-2: Government Policies & Interventions GS-3: Inclusive GrowthGrowth & Development Focus: Recent reports highlight the paradox of stagnant rural wages despite significant GDP growth in India. While the economy expands, real wages for rural workers have declined, raising concerns about the sustainability of rural livelihoods and the effectiveness of policies aimed at improving economic …
Read MoreWhy in the news? Maharashtra launched a subsidy program to support gaushalas caring for desi cows, aiming to preserve indigenous breeds as cow populations decline across the state. Maharashtra’s Subsidy Scheme for Indigenous Cows: The Maharashtra government announced a subsidy of ₹50 per day per cow for gaushalas that care for desi (indigenous) breeds. This …
Read MoreWhy in the News? Agriculture Minister Shivraj Singh Chouhan announced the establishment of around 8,800 Farmers’ Producer Organizations (FPOs) against the target of 10,000. Source: UGI Benefits of FPOs: Support to Farmers: Provides access to improved technology, credit, better inputs, and more markets. Quality Incentive: Encourages the production of better quality commodities. About Farmers Producer …
Read MoreWhy in the news? PM Narendra Modi’s first decision after taking office for the third term: authorizing the release of ₹20,000 crore to 93 million farmers under the PM-Kisan scheme. The scheme has so far transferred over ₹3 trillion to farmers’ bank accounts since its launch in February 2019. About Pradhan Mantri Kisan Samman Nidhi …
Read MoreWhy in the news? Southwest monsoon makes onset over Nicobar Islands, southern Bay of Bengal, and South Andaman Sea. IMD issues yellow alerts over Andamans due to increased cloudiness and reduced Outgoing Longwave Radiation (OLR). About Outgoing Longwave Radiation (OLR): Outgoing Longwave Radiation (OLR) is emitted to space from Earth’s atmosphere. Plays a crucial role …
Read MoreWhy in the news? A study by the University of Copenhagen using satellite imagery found that India lost nearly 5.8 million mature trees on farmlands from 2019 to 2022. Analysis showed 11% of trees detected in 2010-2011 were gone by 2018-2022. Focus was on large trees, indicating localised losses rather than overall tree cover decline.Significant …
Read MoreIntroduction Primary Livelihood Source Agriculture is the primary source of livelihood for approximately 58% of India’s population. This high percentage reflects the country’s dependency on agriculture for employment and economic stability. The sector’s extensive reach across rural India plays a crucial role in the socio-economic fabric of the country. Agricultural Land and Employment India boasts …
Read MoreWhy in the news? IMD predicts southwest monsoon onset over Kerala likely on May 31. Possible weather model deviation of four days. Climatological normal date for onset in Kerala is June 1, with a seven-day standard deviation. About Indian Meteorological Department( IMD): Agency: Ministry of Earth Sciences, responsible for meteorological observations, weather forecasting, and seismology. …
Read MoreSalient Features of Indian Economy Strengths of Indian Economy Mixed Nature of Economy India’s economy is a blend of socialism and capitalism, integrating the efficiency and innovation of the private sector with the social welfare objectives of the public sector. This system has evolved significantly since the economic liberalization of the 1990s, which reduced government …
Read MoreWhy in the news? Centre plans the National Council for Agriculture and Rural Transformation to coordinate policies, akin to the GST Council. About Proposed National Council for Agriculture and Rural Transformation (NCART): The Centre plans to establish NCART as part of its 100-day action plan for coordinated actions in the agriculture sector. NCART aims to …
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