Government Schemes Current Affairs - 2019
Latest Government Schemes Current Affairs 2019 for UPSC Exams, Bank Exams, Civil Services, SSC and other Competitive Exams. This category comprises current affairs related to various welfare schemes of Government of India and State Governments.
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The Inter-Ministerial Steering Committee of the National Mission for Transformative Mobility led by Niti Aayog chief executive officer Amitabh Kant has decided to incorporate localisation conditions to avail benefits under the FAME-II Scheme.
The Inter-Ministerial Committee of the National Mission For Transformative Mobility was formed following a cabinet decision to promote clean and sustainable mobility initiatives in the country. It consists of secretary of nine stakeholder ministries and director general of the Bureau of Indian Standards as its members.
Decision of the Inter-Ministerial Steering Committee
- The steering committee has mandated that only companies that meet the 50% localisation threshold will be eligible for the incentives that will be available under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme to boost electric mobility as well as the ‘Make in India’ initiative.
- The decision has been taken to ensure that the tax payer’s money is not used to subsidise imports and encourage local manufacturing.
In the discussions held with the automotive manufacturers while the two-wheeler makers have expressed their inability in meeting the criteria for 50% localisation citing their limitations, the makers of electric buses have agreed to localise.
The Union Cabinet has approved the continuation of the ongoing Geosynchronous Satellite Launch Vehicle (GSLV) programme phase-4 consisting of five rocket flights during 2021-2024.
- The GSLV phase four will enable the launch of two-tonne class of satellites for geo-imaging, navigation, data relay communication and space sciences.
- The total fund requirement for phase four has been pegged at Rs 2729.13 crores. The cost includes the cost of five Geosynchronous Satellite Launch Vehicles (GSLVs), essential facility augmentation, programme management, and launch campaign, along with the additional funds required for meeting the scope of the ongoing programme.
- The GSLV continuation programme is expected to meet the launch requirement of satellites for providing critical satellite navigation services, data relay communication for supporting the Indian human spaceflight programme and the next interplanetary mission to Mars.
- The continuation programme will meet the demand for the launch of satellites at a frequency up to two launches per year.
The GSLV continuation programme was initially sanctioned in 2003, and two phases have been completed and the third phase is in progress and expected to be completed by the fourth quarter of 2020-21.