Why in News? Why a new bill? Current Acts demerit: Salient Features of the Merchant Shipping Bill:
RBI Handbook of Statistics about Indian States
Major Features:
Features of ITCMAARS
Scale and Reach: In 10 Indian states, ITCMAARS has made over 1.5 million farmers’ lives better via more than 1650 FPOs. The app consists of value chains in wheat, soybean, and millets. It is supported by banking partners, crop nutrition and protection majors, and multiple ICAR Agri Institutes. By the year 2030, ITCMAARS aims to cover around 4,000 FPOs and empower 10 million farmers.
Agricultural Transformation MILITC AGAR
Source: ITCMAARS ITCMAARS ‘Phygital’ Blueprint FPOs as the Core Building Block Features of ITCMAARS Scale and Reach: In 10 Indian states, ITCMAARS has made over 1.5 million farmers’ lives better via more than 1650 FPOs. The app consists of value chains in wheat, soybean, and millets. It is supported by banking partners, crop nutrition and protection majors, and multiple ICAR Agri Institutes. By the year 2030, ITCMAARS aims to cover around 4,000 FPOs and empower 10 million farmers.
Farmer Producer Organizations (FPOs)
Introduction FPO is an association of farmer members voluntarily controlled by themselves and open to everybody without gender, social, racial, political, or religious discrimination. It does not restrict education and training to its members and elected representatives but also extends to the managers and employees of FPOs. Concept Key features of FPO Benefits of FPOs:
Phygital ecosystem
Here are some examples:
5. Fund raises through Green Bonds
Context: NHAI’s Subsidiary DME Development Limited (DMEDL) Successfully Raises Rs. 775 Crore through issue of Green Bonds Green Bonds
3. India’s Anti-Drone Unit
Context: India plans to establish a comprehensive anti-drone unit to counter the increasing threat of unmanned aerial vehicles (UAVs) at the 60th Raising Day event of the Border Security Force. Major Issues to tackle:•Smuggling arms, drugs, and illegitimate products through drones is increasingly being undertaken across borders from India to Pakistan.•Drone detections and negations can now increase from 3% to 55 % in the Punjab region, where advanced mechanisms have entered the drone detection spectrum. Key Features of Anti-Drone Unit: A Comprehensive Integrated Border Management System (CIBMS)It is defined as a futuristic border management system, within which modern technologies are integrated such as sensors, command & control, communication network, advanced fencing along the border, and aerial monitoring to improve surveillance and security across borders in India. The Vibrant Village Programme (VVP)
2. India’s MGNREGS major contributor to global Nature-based Solutions
Context: Decent Work in Nature-Based Solutions 2024 Report Executive: The report, a joint effort of ILO, UNEP, and IUCN, supports the UN Decade on Ecosystem Restoration as it is well aligned with Sustainable Development Goals (SDGs). Launch Event: Key Findings: Nature-based Solutions (NbS)Activities that use the natural processes of ecosystems to address societal problems. Outcomes of MGNREGS: Problem Areas in MGNREGS: Know more about MGNREGA?
1. AgriStack Initiative
Context: As part of the AgriStack initiative, for rolling out digital farm lending in Uttar Pradesh for its eight crore farmers, the state government is currently working with the International Finance Corporation for providing APIs of the state’s land records and farm boundaries to SatSure and a couple of other companies.Know more about AgriStack initiative?Goal • The International Finance Corporation is working towards developing a roadmap for direct digital farm lending to the mixed eight crore farmers.• Land records and farm boundary APIs provide online lending processes. SatSure in Farm LendingSatSure is a space tech-based Bangalore company that uses satellite-based risk scoring to generate farm-as-well-as village-level reports.• Uses AI algorithms to analyze satellite imagery and identifying crop types.• Keeping track of changes in farm health and productivity for correlating with the climatic variables.• Provides loan backing for banking institutions to measure farmers’ income and repayment capacity.Read more…
