Focus Merit

Category: Centre Govt Schemes

RBI: Maximum aggregate exposure limit for small businesses to Rs 7.5 crore

  • The Reserve Bank of India (RBI) now raised banks’ maximum aggregate retail exposure limit to small businesses with turnover up to Rs 50 crore to Rs 7.5 crore, up from Rs 5 crore.

Government unchanged Interest rate of small savings schemes for Oct to Dec Quarter

  • Government unchanged Interest rate for PPF, NSC, and other small savings schemes -Oct to Dec Quarter.

these are:

  •  Senior Citizen Savings Scheme (SCSS)- 7.4 percent.
  •  Sukanya Samriddhi Yojana Scheme (SSYS)- 7.6 percent.
  •  Kisan Vikas Patra (KVP)- 6.9 percent.
  • Public Provident Fund (PPF) – 7.1 percent.
  •  National Savings Certificates (NSC)- 6.8 percent.

 Post Office Monthly Income Scheme (MIS)- 6.6 percent.

‘Saubhagya’ scheme completes three years

  • The Pradhan Mantri Sahaj Bijli Har Ghar Yojana -“Saubhagya Scheme” has completed three years which was launched by Prime Minister Narendra Modi on 25th of September, 2017 with an outlay of Rs. 16,320 crore.
  • This scheme aims to achieve universal household electrification by providing last mile connectivity and electricity connections to all households in rural areas and all poor households in urban areas across the country.

Cabinet approved the Central Sector Scheme of funding facility under Agriculture Infrastructure Fund

Cabinet Approval
  • The Union Cabinet led by the Prime Minister Narendra Modi passed a new pan India Central Sector Scheme under Agriculture Infrastructure Fund.
  • The foremost goal of the scheme is to produce a medium-long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support.

Union HRD Minister and Sports Minister start ‘Fit Hai to Hit Hai India’ under Fit India campaign for school children

Fit India campaign
  • Union Human Resource Development Minister Shri Ramesh Pokhriyal ‘Nishank’ and Minister of Sports and Youth Affairs and Ministry of Minority Affairs Shri Kiren Rijiju talked to students here under the Fit India drive by the Government of India. Olympic medal winner badminton player Ms. P.V Sindhu and Indian football team Captain Shri. Sunil Chhetri was also there at the launch of the “Fit Hai To Hit Hai India” program arranged under the Fit India campaign.

Union HRD Minister and Union Health Minister started Drug Discovery Hackathon 2020 (DDH2020)

Drug Discovery Hackathon 2020
  • Shri Ramesh Pokhriyal ‘Nishank’, the Union Minister of HRD(Human Resource Development) and Dr. Harsh Vardhan, Union Minister for Health and Family Welfare and Minister of Science and Technology started the Drug Discovery Hackathon (DDH2020)  to recognize drug applicants against SARS-CoV-2 by in-silico drug discovery and follow up by chemical synthesis and biological testing

Govt starts PM FPE scheme

PM Modi
  • The government on 29th June started the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme as a part of ‘Atmanirbhar Bharat Abhiyan’ and as a part of Prime Minister’s ‘Atmanirbhar Bharat Abhiyan’. It will serve 8 lakh units through access to information, training, better exposure and formalization.