Government Schemes Current Affairs - 2019

PDF compilation of recent 250 updates in Government schemes can be downloaded from this link.

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Rashtriya Mahila Kosh (RMK) to cover 10 lakh women over the next 3 years

The Union Women and Child Development Ministry has set a new target to cover at least 10 lakh women under Rashtriya Mahila Kosh (RMK) over the next three years. The new target was announced by Women and Child Development Minister Maneka Gandhi at the 52nd Governing Board meeting of RMK which has been recently reconstituted to make it more effective.

About Rashtriya Mahila Kosh (RMK)

RMK is a national credit fund for women under the aegis of the Ministry of Women and Child Development. It was established in 1993 for socio-economic empowerment of women. It aims to provide financial services with backward and forward linkages for women in the unorganized sector through Intermediary Micro Finance Organizations (IMOs) and Women Self Help Groups (SHGs) and to augment their capacities through multi-pronged efforts. RMK also extends micro-credit to the women in the informal sector through a client friendly, without collateral and in a hassle-free manner for income generation activities.

Month: Categories: Government Schemes & Projects

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Government launches Swachh Bharat Kosh

Government recently launched the ‘Swachh Bharat Kosh’- a fund that will be utilised to build toilets in schools, rural and urban areas to achieve the objective of cleanliness across the country.

It will seek to attract donations under Corporate Social Responsibility (CSR) from Corporate Sector and contributions from individuals and philanthropists to achieve the objective of Clean India (Swachh Bharat) by the year 2019.

Key facts about ‘Swachh Bharat Kosh’

  • Objective: Funds will be used for improving cleanliness levels in rural and urban areas, including in schools. As a top priority, funds will be used to bring out innovative projects and girl toilets.
  • Governing Council: It will be under the Ministry of Finance and will be managed by a Governing Council headed by Expenditure Secretary.
  • Monitoring: Its functioning will be monitored on quarterly basis by the Finance Minister and by the Prime Minister from time-to-time.
  • Activities:

Projects under it will be implemented and carried out by the existing institutions at the state, district, and sub district level and no new institutions would be created.

These funds will finance activities such as construction of new toilets as well as repair and renovation of dysfunctional toilets in rural areas, urban areas, elementary, secondary and senior secondary government schools, aanganwaadis.

It will be also used for constructing water lines to the toilets, training and skill development to maintain hygiene in the toilets as well as other activities to improve sanitation.

Prime Minister himself will acknowledge contributions of over Rs 1 crore made by individuals and of over Rs 20 crore by corporates.

Month: Categories: Business, Economy & Banking

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