Prime Minister’s Internship Scheme Launched in India
Mahila Samman Savings Certificate (MSSC) Scheme
Scheme for Women and Girls • Launched in Budget 2023. Available for two years up to March 2025.• Risk-free scheme for women and girls of all age groups.• Maximum deposit facility of up to Rs 2 lakh for a two-year term.• Encourages more women to adopt formal financial saving instruments.• Eligibility: Individual women or minor accounts can be opened by the guardian.• Amount of deposit: Minimum Rs 1000 and any amount in multiple of one hundred rupees.• Rate of interest at 7.5%, compounded quarterly.• The period of maturity: Two years from opening of account.• The facility of opening multiple accounts available with a gap of three months minimum.• Total deposits shall not exceed Rs 2 lakh.
1. India Organic Farming Programs
The Paramparagat Krishi VikasYojna (PKVY) and the Mission Organic Value Chain Development for North Eastern Region (MOVCDNER) of India focuses on organic farming in India. The total area under agricultural organic farming is 59.75 Lakh Ha.The Bhartiya Prakritik Krishi Paddhati (BPKP) is allocated to eight states by the PKVY with a total area of 4.09 lakh hectaresThe Government of India facilitates organic farming in India with support from PKVY and MOVCDNER to all farmers end to end.
PM-KISAN
Other Features Recent Updates on PM-KISAN
Bhartiya Prakritik Krishi Padhati (BPKP)
Paramparagat Krishi Vikas Yojana (PKVY)
7. Govt detects â‚ą 824 cr GST evasion by crypto firms
GST Evasion by Crypto Exchanges in India
6. Changes in GST rates may generate additional revenue
GST Council Proposal for Textile Tax Structure
5. PSBs at only 42% of FY25 MUDRA disbursement target by Oct end
Public Sector Banks’ MUDRA Loans Performance• The Public Sector Banks (PSBs) and their Regional Rural Banks (RRBs) have achieved till date only 42% of the target for the disbursement of MUDRA loan in FY25.• It was possible for the Bank of Baroda to pay out only 16% of annual MUDRA target within the first seven months of FY25.• The largest PSB, State Bank of India has achieved 44% of its annual target.• Canara Bank has touched 52% of its annual target.• Union Bank of India has touched 57% of FY25.• As of October 25, MUDRA loans of â‚ą 28,511 crore amounting to 12.4% of the annual target for PSBs are still under process.• The government increased the limit of MUDRA loans under Pradhan Mantri Mudra Yojana (PMMY) to â‚ą 20 lakh from â‚ą 10 lakh.
Pradhan Mantri Mudra Yojana (PMMY)
Vision for MUDRA 2.0
