Government Schemes Current Affairs - 2020

Government raises its contribution in National Pension System to 14% from 10%

Union Cabinet has decided to raise contribution of Central Government to National Pension System (NPS) corpus of its employees from 10% to 14%. This will increase in eventual accumulated corpus of all central government employees covered by NPS. There are 18 lakh central government employees at present. The revenue impact from higher government contribution to Read More…

SC approves Centre’s Witness Protection Scheme

Supreme Court has approved Witness Protection Scheme 2018 and directed Union and State Governments to enforce the same.  This scheme was framed by Union Ministry of Home Affairs (MHA) in response to PIL seeking protection for witnesses. Key Facts The apex court held that scheme will become law under Article 141/142 of Constitution till enactment Read More…

RBI to introduce Ombudsman Scheme for Digital Transactions

Reserve Bank of India (RBI) has announced to introduce ‘Ombudsman Scheme for Digital Transactions’ to provide cost-free mechanism to redress grievances of customers related to digital transactions. The scheme will be notified by end of January 2019. It will cover services provided by entities falling under RBI’s regulatory jurisdiction. The scheme is being implemented taking Read More…

PRASAD Scheme: Centre includes Gangotri, Yamunotri in Uttarakhand, Amarkantak in MP and Parasnath in Jharkhand

Union Government has included Gangotri and Yamunotri in Uttrarakhand, Amarkantak in Madhya Pradesh and Parasnath in Jharkhand under Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive (PRASAD) to develop pilgrimage and heritage destinations in the country. With the new additions, the number of sites under PRASAD has now reached to 41 in 25 states. PRASAD Scheme Read More…

CCEA approves Atmosphere & Climate Research-Modelling Observing Systems & Services (ACROSS) scheme

Prime Minister Narendra Modi chaired Cabinet Committee of Economic Affairs (CCEA) has approved continuation of nine sub-schemes of umbrella scheme “Atmosphere & Climate Research-Modelling Observing Systems & Services (ACROSS)” during 2017-2020. The scheme aims at improving skill of weather and climate forecast through sustained observations, intensive Research & Development. ACROSS Scheme The scheme pertains to Read More…