Christians Current Affairs - 2019

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Good Friday Observed on 19th April

The Christian community is observing Good Friday on April 19 to commemorate the crucifixion and death of Jesus Christ on Calvary. Good Friday is also referred to as Black Friday, Great Friday, Easter Friday or Holy Friday. Good Friday coincides with the beginning of the Jewish festival of Passover.

Significance of the Day

Even though the term Good Friday is not present in the Holy Bible, the Christian religious text portrays the story of how Jesus was betrayed by Judas which led to his arrest.

Jesus was beaten by the Roman soldiers after being nailed to a cross which he was asked to carry to his site of the crucifixion. Even though the term ‘Good’ associated with Good Friday is a contradiction to the events of this day, people believe that the term is associated with the words ‘pious or holy’.

Good Friday is followed by Easter Sunday, the day on which Jesus was resurrected from death.

Month: Categories: Art & CultureUPSC

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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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