Governance & Politics Current Affairs - 2019

Latest India Current Affairs and Current Affairs related to Government policy, polity and administration in India. India’s National Current Affairs updates for 2019.

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Steps to Strengthen the functioning of the NMDFC

The following steps have been taken to assist the National Minority Development Finance Corporation (NMDFC) for effective implementation of its schemes:

  • The Ministry of Minority Affairs is providing grant-in-aid assistance for strengthening the infrastructure & operational capability of State Channelising Agencies (SCAs), for effective implementation of NMDFC schemes.
  • A new Annual Family Income eligibility criterion of up to Rs.6.00 lacs per annum has been introduced for greater coverage of persons from the targeted minority communities.
  • Quantum of loans under the Term Loan scheme increased from Rs.10.00 lacs to Rs.30.00 lacs, while under Micro Finance scheme, it has been increased from Rs.0.50 lacs to Rs.1.50 lacs per SHG member.
  • Under the Education Loan scheme, the quantum of loan has been increased from Rs.5.00 lacs to Rs.20.00 lacs for domestic courses & from Rs.10.00 lacs to Rs.30.00 lacs for courses abroad.
  • Self Declaration/Self Certification/Self Attestation of documents has been adopted in case of Religion Certificate, Family Income, Residence Proof, Mark Sheet, etc.
  • Transfer of loan directly in Bank Account of Beneficiary through National Electronic Funds Transfer (NEFT)/ Real Time Gross Settlement (RTGS) Insurance of beneficiary and their assets to safeguard against any untoward incident.

National Minorities Development and Finance Corporation (NMDFC)

The National Minorities Development and Finance Corporation (NMDFC) is a not for profit company under the companies act 1956. It works under the aegis of Union Ministry of Minority Affairs and was constituted in 1994.

Minority Communities in India

The notified Minorities under the National Commission  for Minorities Act, 1992, are Muslims, Christians, Sikhs, Buddhists & Parsis. Jain community was also added into the list of notified Minority Communities in January 2014.

NMDFC aims to provide concessional finance to the notified Minorities for the self-employment/ income generation activities.

Month:  Categories: Governance & PoliticsUPSC

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10 dimensions of Vision 2030

The Union Government in the interim budget 2019 unveiled its vision for 2030, listing 10 dimensions to create an India where poverty, malnutrition, littering and illiteracy would be a matter of the past.

Vision 2030

The 10 dimensions of Vision 2030 listed in the interim budget 2019 are:

Physical & Social Infrastructure

Building next-generation infrastructure in all sectors comprising roads, railways, seaports, airports and inland waterways together with social infrastructure is the first dimension to provide ease of living.

Digital India

Building a “Digital India” that reaches every corner of the economy and every citizen.

Clean & Green India

An India that drives electric vehicles, with renewables becoming a major source of energy, bringing down import dependence and increasing energy security for our people is the vision of Clean & Green India.

Rural Industrialization

Expanding of rural industrialization using modern industrial technologies, based on the ‘Make in India’ approach, using grassroot MSMEs and startups across the country.

Clean Rivers

Clean Rivers with safe drinking water to all Indians using micro-irrigation techniques is the fifth dimension.

Oceans & Coastline

Exploitation of the Blue Economy, to ensure better standards and quality of life for a large number of people living in the coastal areas. Exploiting the potential of India’s long coastline for becoming the strength of the economy.

Space

India becoming the launch-pad of satellites for the World and placing an Indian astronaut into space by 2022 (Project Gaganyaan) is the seventh dimension.

Self-sufficiency in Food Production

Attaining self-sufficiency in food and improving agricultural productivity with an emphasis on organic food.

Health

A healthy India, with a distress-free and comprehensive wellness system for all, is the ninth dimension.

Minimum Government, Maximum Governance

Minimum Government, Maximum Governance with proactive, responsible, friendly bureaucracy and electronic governance is the tenth dimension.

Month:  Categories: Governance & PoliticsUPSC

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