What are Infrastructure bonds? Infrastructure bonds are long-term debt instruments with a maturity of at least seven years. They are issued to finance long-term development projects. Given that these instruments are used for providing finance to the infrastructure sector, banks …
About the Scheme The Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme was launched in 2019 for installation of solar pumps and grid connected solar and other renewable power plants in the country. It was launched by …
About the Scheme Rashtriya Vayoshri Yojana (RVY) is a scheme for providing Physical Aids and Assisted-living Devices for Senior citizens belonging to Below Poverty Line (BPL) category. The scheme has been revised in the year 2020-21. After the revision, the …
About the scheme In 2017, the Ministry of Civil Aviation launched the Regional Connectivity Scheme (RCS) “UDAN” (Ude Desh Ka Aam Naagrik) which aims at providing connectivity to un-served and under-served airports of the country through revival of existing air-strips …
About BRI China’s Belt and Road Initiative aims to strengthen Beijing’s economic leadership through a vast program of infrastructure building throughout China’s neighbouring regions. Launched in 2013 by President Xi Jinping, the plan was two-pronged: the overland Silk Road Economic …
What is the Graded Response Action Plan? The GRAP is a step-by-step plan to counter Delhi-NCR region’s deteriorating air quality. It was formulated by the Environmental Pollution Prevention and Control Authority (EPCA) jointly with the Delhi government in 2017. The …
About NAPCC The National Action Plan on Climate Change (NAPCC) was formally launched in 2008. The NAPCC identifies measures that promote development objectives while also yielding co-benefits for addressing climate change effectively. There are eight “National Missions” which form the …
About the scheme Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them. Launched in 2015 to promote …
Context Co-operative banks are financial entities established on a co-operative basis and belonging to their members. This means that the customers of a co-operative bank are also its owners. The International Labour Organization defines cooperative as an autonomous association of …