Government Schemes & Projects 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 government schemes, government policies, projects, and government campaign launches such as portal, apps etc. also.

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PM launches new science policy

PM Manmohan Singh inaugurated a new science policy, the Science, Technology and Innovation Policy (STI) 2013that lays greater emphasis on innovation, setting up research institutes and encouraging women scientists with an aspiration to place itself among the top five scientific powers in the world by 2020.

The policy is a revision of the 2003 policy which sought to bring science and technology together and stressed on the need for greater investment into R&D to address national problems.

Aim: To accelerate the pace of discovery, diffusion and delivery of science-led solutions for serving the aspirational goals of India for faster, sustainable and inclusive growth.

Key objectives of STI Policy 2013:

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Govt extends 2 % interest subsidy for exports for one more year

The Central Government has announced a number of incentives to control the decline in exports, which will fall short of the $360 billion target set for the current fiscal. It has extended the 2 % interest subsidy scheme offered on exports, which was due to expire in March 2013, for one more year.

As part of the incentive package, the government announced the introduction of a pilot scheme of 2% interest subvention for project exports through EXIM Bank for countries of SAARC region, Africa and Myanmar.

Why this incentive?

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