Scheme Name Year Launched Ministry Key Features Mid-Day Meal Scheme 1995 Ministry of Education (MoE) Provides free meals to students from Class 1 to 8 in government schools to improve enrolment, attendance, and retention rates. Beti Bachao Beti Padhao 2015 Ministry of Women and Child Development, Ministry of Education Focuses on girls’ education, ensuring their participation and retention in schools, while promoting their safety and well-being. Samagra Shiksha Abhiyan 2018 Ministry of Education (MoE) Integrated scheme for school education from pre-school to senior secondary level. Focuses on quality education, teacher training, and reducing dropout rates. National Scheme of Incentive to Girls for Secondary Education (NSIGSE) 2008 Ministry of Education (MoE) Provides financial incentives to girls who pass Class 8 and enrol in Class 9, aiming to reduce the dropout rates among girls at the secondary education level. Pradhan Mantri Poshan Shakti Nirman (PMPSN) 2022 Ministry of Education (MoE) A new initiative for revamping and strengthening the Mid-Day Meal Scheme to enhance the nutritional value, further promoting school attendance and retention. Kasturba Gandhi Balika Vidyalaya (KGBV) 2004 Ministry of Education (MoE) Provides quality education to girls, especially in rural areas, to reduce dropout rates. Special focus on vulnerable girls from disadvantaged groups. Rashtriya Madhyamik Shiksha Abhiyan (RMSA) 2009 Ministry of Education (MoE) Focuses on improving access to secondary education and reducing dropout rates at the secondary level. Offers financial support for infrastructure and teacher development. National Means-cum-Merit Scholarship Scheme (NMMSS) 2008 Ministry of Education (MoE) Provides scholarships to talented students from economically weaker sections to prevent dropout after Class 8. Encourages continuation of education at the secondary level. Shiksha Sahyog Yojana 2019 Ministry of Education (MoE) Provides additional resources and support for students from weaker socio-economic backgrounds to keep them in schools and prevent early dropouts. Saakshar Bharat Programme 2009 Ministry of Education (MoE) Aimed at reducing illiteracy, this scheme focuses on adult education to prevent dropouts in rural areas by enabling the community to value education. The Right to Education Act (RTE) 2009 Ministry of Education (MoE) Ensures free and compulsory education for children aged 6 to 14 years, aiming to reduce dropouts by making education accessible to all children, regardless of their background.
India’s Education Development in 2024 and 2019
Context: The continuation of education into higher grades has remarkably increased in 2024 compared to 2019. Key Highlights: Schemes to Minimise Dropout Rates in India Scheme Name Year Launched Ministry Key Features Mid-Day Meal Scheme 1995 Ministry of Education (MoE) Provides free meals to students from Class 1 to 8 in government schools to improve enrolment, attendance, and retention rates. Beti Bachao Beti Padhao 2015 Ministry of Women and Child Development, Ministry of Education Focuses on girls’ education, ensuring their participation and retention in schools, while promoting their safety and well-being. Samagra Shiksha Abhiyan 2018 Ministry of Education (MoE) Integrated scheme for school education from pre-school to senior secondary level. Focuses on quality education, teacher training, and reducing dropout rates. National Scheme of Incentive to Girls for Secondary Education (NSIGSE) 2008 Ministry of Education (MoE) Provides financial incentives to girls who pass Class 8 and enrol in Class 9, aiming to reduce the dropout rates among girls at the secondary education level. Pradhan Mantri Poshan Shakti Nirman (PMPSN) 2022 Ministry of Education (MoE) A new initiative for revamping and strengthening the Mid-Day Meal Scheme to enhance the nutritional value, further promoting school attendance and retention. Kasturba Gandhi Balika Vidyalaya (KGBV) 2004 Ministry of Education (MoE) Provides quality education to girls, especially in rural areas, to reduce dropout rates. Special focus on vulnerable girls from disadvantaged groups. Rashtriya Madhyamik Shiksha Abhiyan (RMSA) 2009 Ministry of Education (MoE) Focuses on improving access to secondary education and reducing dropout rates at the secondary level. Offers financial support for infrastructure and teacher development. National Means-cum-Merit Scholarship Scheme (NMMSS) 2008 Ministry of Education (MoE) Provides scholarships to talented students from economically weaker sections to prevent dropout after Class 8. Encourages continuation of education at the secondary level. Shiksha Sahyog Yojana 2019 Ministry of Education (MoE) Provides additional resources and support for students from weaker socio-economic backgrounds to keep them in schools and prevent early dropouts. Saakshar Bharat Programme 2009 Ministry of Education (MoE) Aimed at reducing illiteracy, this scheme focuses on adult education to prevent dropouts in rural areas by enabling the community to value education. The Right to Education Act (RTE) 2009 Ministry of Education (MoE) Ensures free and compulsory education for children aged 6 to 14 years, aiming to reduce dropouts by making education accessible to all children, regardless of their background.
Gold Price Gain
Context: Gold is heading for its biggest gain in 14 years, with a 27% advance fueled by US monetary easing, sustained geopolitical risks and a wave of purchases by central banks. Gold and Silver Exchangetraded Funds (ETFs)
Gini Coefficient
Context: India’s latest survey of household consumption expenditure, carried out from August 2023 to July 2024, found a decline in the ‘Gini coefficient’ of consumption inequality since the same period of 202223. Income Inequality & Gini Coefficient
Liquidity Deficit
Context: In that Monday the Reserve Bank of India has infused about Rs.2.05 trillion into the banking system. Last week, the deficit had been crossed twice due to the outflow resulting from advance tax payments, festive spending, and the intervention of the central bank in the foreign exchange market. Banking Liquidity Deficit
Expenditure on Capital in India for FY25
Context: Government capital expenditure in April-November 2024 is down by 12.3% on an annual basis. Compared to last year, the government has spent about 46.2% of Budget Estimates in contrast to 58.5%. Capital Expenditure CapEx
Reduction in the Procurement of Indian Public Sector Enterprises (FY24)
Public Sector Enterprises (PSUs) are businesses in India that are owned or controlled by the government, either partially or wholly.
Shifts in GDP Growth of India and Business Expectations
NaBFID invests ₹745 cr
Context: The National Bank for Financing Infrastructure and Development (NaBFID) has invested 745 crore in long term bonds issued by NDRInvIT, the company said on Tuesday. What is Bond?
Indo Farm IPO subscribed 17.70x on opening day
Context: The initial public offer (IPO) of Indo Farm Equipment got subscribed 17.70 times on the opening day of bidding on Tuesday amid strong investors participation.
