GS II-SCHEMES Introduction The PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) is a micro-credit initiative introduced by the Government of India to support urban street vendors. A recent State Bank of India (SBI) study highlighted the scheme’s success, noting that 43% of beneficiaries are women street vendors. Overview of the …

GS III-AGRICULTURE Background & Context The PM-KISAN scheme, operational since December 1, 2018, is aimed at providing financial assistance to small and marginal farmers. Recently, concerns over alleged corruption in its implementation have been raised, particularly by the Tamil Nadu Cauvery Farmers’ Protection Association. The Government of India (GOI) reinstated …

GS II-EDUCATION Why in News? Announced by PM Modi on Teachers’ Day (Sept 5, 2022) to transform 14,500 schools into model institutions aligned with the National Education Policy (NEP) 2020. What is the PM SHRI Scheme? Objective: To empower students with 21st-century skills and provide high-quality, inclusive education. Key Features: …

GS II-POLITY Introduction Parliamentary privileges are rights and immunities granted to members of Parliament individually and collectively to enable them to function effectively. A breach of privilege occurs when these rights and immunities are disregarded, and it is considered an offence punishable under parliamentary law. Key Aspects of Breach of …

GS II-POVERTY Introduction The National Food Security Act (NFSA), 2013, is a landmark social welfare legislation introduced by the Government of India. It aims to provide food security to the economically weaker sections of society by ensuring access to subsidized food grains. The Act covers 75% of the rural population …

GS III-ENVIRONMENT Context As of 2023, District Mineral Foundations (DMFs) have been established in 644 districts across 23 states in India. These foundations function under Section 9B of the Mines and Minerals (Development and Regulation) Amendment Act, 2015. What are District Mineral Foundations (DMFs)? DMFs are non-profit trusts formed by …

GS II-SCHEMES Why is it in the News? The Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) does not receive direct financial allocations from either the Central or State Governments. Instead, the projects under this scheme are financed through funds accumulated under the District Mineral Foundation Trust (DMF). According to Section …

GS III-ECONOMY Latest Update on Gold Monetisation Scheme The Indian government has decided to discontinue Medium-Term and Long-Term Government Deposits (MLTGD) under the Gold Monetisation Scheme (GMS) effective March 26, 2025. Understanding the Gold Monetisation Scheme Launch: Introduced in November 2015, this scheme replaced the earlier Gold Deposit Scheme (GDS) …

GS II-INTERNATIONAL ORGANISATION India is set to host the FATF Private Sector Collaborative Forum 2025 in Mumbai. The event will focus on crucial global financial issues, including enhancing payment transparency, promoting financial inclusion, and advancing the transformation of digital financial systems. Overview of the Financial Action Task Force (FATF) The …