Government Scheme Current Affairs - 2020

Pranavayu Programme launched in Karanataka

The Bengaluru City Corporation recently launched “Pranavayu Programme” to create awareness about the respiratory health of Bengaloreans.

Highlights

The initiative aims to help people in increasing oxygen level of the people by themselves. This will help them to keep track about their health before their ailments become fatal.

Significance

There are several deaths reported in the country due to Severe Acute Respiratory Illness (SARI). Especially, COVID-19 causes Hypoxia (deficiency of oxygen in tissues). This is like starving the body of oxygen.

COVID-19 and breathing problems

COVID-19 stimulates breathing difficulties through chemical reactions. When a person is infected with COVID-19, the virus binds itself with the haemoglobin in Red Blood Cells. This is the main reason for disruption in respiratory process.

During normal respiration, the haemoglobin acts as a carrier of oxygen from the air chambers in lungs to the cells all over the body. In return they collect carbon dioxide from these cells and carry it to the lungs.

COVID-19 blocks the functioning of haemoglobin that causes breathing difficulty.

Government approves Monthly Pension Scheme for Traders

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved Rs.3000 monthly pension scheme for small retail traders and shopkeepers after they attain the age of 60 years.

Salient Features of Scheme

  • About: Under the scheme all small shopkeepers, retail traders and self-employed persons are assured a minimum of Rs.3,000 monthly pension after attaining 60 years of 60 years.
  • Beneficiary: The new pension scheme that offers pension coverage to the trading community will cover 3 crore small retail traders and shop keepers.
  • Eligibility: All small shopkeepers, self-employed persons and retail traders aged between 18-40 years and with Goods and Service Tax (GST) turnover below Rs.1.5 crore can enrol for pension scheme.
  • Enrollment: The scheme is based on self-declaration as no documents are required except bank account and Aadhaar Card. Also, the interested persons can enrol themselves via more than 3,25,000 Common Service Centres  (CSC) spread across India.
  • Government Contribution: The Central Government will make matching contribution (same amount as subscriber contribution) i.e. equal amount as subsidy into subscriber’s pension account every month.
  • Significance: Since ages India has a rich tradition of trade and commerce and our traders make a strong contribution to India’s economic growth. Therefore, cabinet decision will benefit the trading community. This pension scheme is a part of Prime Minister’s vision to provide a robust architecture of universal social security.