About the Scheme The Kisan Credit Card (KCC) scheme was launched in 1998 with the aim of providing short-term formal credit to farmers. The beneficiaries under the scheme will be issued with a Smart card/ Debit card. Under the KCC …
Locust attack About: Locusts are insects related to grasshoppers, these insects form enormous swarms (dense group of flying insects) that spread across regions, devouring crops and leaving serious agricultural damage in their wake. They have big hind legs than …
What is PM CARES Fund? ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund)’ is a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by …
What is BHIM UPI? Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through mobile phones. It enables to bring in Financial Inclusion to the nation and a digitally empowered society. BHIM is …
About the International Space Station (ISS) The International Space Station (ISS) is the largest single structure humans ever put into space. Its main construction was completed between 1998 and 2011, although the station continually evolves to include new missions …
About MSP Minimum Support Price (MSP) is a form of market intervention by the Government to insure agricultural producers against any sharp fall in farm prices. The minimum support prices are announced by the Government at the beginning of the …
What is a Rating Agency? A rating agency is a company that assesses the financial strength of companies and government entities, especially their ability to meet principal and interest payments on their debts. The rating shows an agency’s level of …
Background Recently, the government decided to change the basic definition of MSME and also end the difference between the manufacturing and services sector. Till now, MSMEs are categorised based only on the investment in machinery or equipment. The new classification …
Background In March 2020, to boost large-scale electronics manufacturing in India, the Union Cabinet approved three schemes with a total outlay of almost Rs 48,000 crore. The three schemes together will enable large-scale electronics manufacturing, a domestic supply chain ecosystem …