Sovereign Gold Bond Scheme Other Important points regarding SGB Advantages and Disadvantages of Investing in SGB Gold Reserves and Imports India’s Gold Imports
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 stateโs land records and farm boundaries to SatSure and a couple of other companies. Goal โข The International Finance Corporation is working towards developing a roadmap for direct digital farm lending to the mixed eight crore farmers.โข 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.โข Uses AI algorithms to analyze satellite imagery and identifying crop types.โข Keeping track of changes in farm health and productivity for correlating with the climatic variables.โข Provides loan backing for banking institutions to measure farmers’ income and repayment capacity. Partnershipsโข Reserve Bank of India Innovation Hub, credit rating agencies, and other top private banks. Other Satellite Technology Companiesโข Dhruva Space – AstraView: A commerci
AgriStack Initiative
AgriStack Initiative Be proposed by government of India towards digital databasing and collection of technologies enhancement in agriculture sector. Features About KCC
International Finance Corporation:
Founded in 1956, with headquarters situated in Washington, DC.Part of the World Bank Group.Mandate: Support economic development and improve the quality of life through private sector development in developing countries.Functions: It promotes development of the private sector in: Governing:The member countries own and govern the IFC. Shareholders of the corporation are its member governments, which provide paid-in capital and have a right to vote in its matters. The President of the World Bank Group is automatically the President of IFC.
General Overview of EU Regulation on Deforestation
Carbon Border Adjustment Mechanism
The Agreement on Government Procurement – GPA
It is an international legally binding agreement which creates an open government procurement market among parties by: Principles establishment The coverage schedules in the GPA determine which procurement activities are covered under the agreement. Browse through the coverages by parties, notifications on thresholds, and modifications with respect to market access commitments. These can be found in the GPA database.
3. Digital Public Infrastructure for Agriculture: Gujarat Forges Ahead on Generating Farmer IDs
The Digital Public Infrastructure (DPI) of India
2. Centre to fix MSP at over 50%
Context: Centre to fix MSP at over 50% and procure Farmers’ Produce: Shivraj Singh Chouhan Key Highlights: Increasing budget for agriculture:-The agricultural budget has gradually increased from Rs. 21,900 crores in 2013-14 to Rs. 1,22,528 crores showing a commitment to the welfare of farmers and agricultural development.
1. PM KISAN
Context: The Prime Minister of the Republic of India has delivered the 17th tranche of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). Highlights: PMKISAN Scheme Payout to More than 95.8 Million Farmers About Scheme