Central Government Schemes
Cabinet approves Interest Subvention to banks on Short-Term crop loan to farmers
Union Cabinet has approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18.
Salient Features of Interest Subvention Scheme (ISS):
Government launches VAJRA scheme to attract Indian scientists abroad
The Department of Science and Technology (DST) has launched a scheme named 'Visiting Advanced Joint Research Faculty' (VAJRA) on 22nd of June 2017.
i. It has been done to bring the Indian scientists abroad and India-based researchers together for conducting joint researches in India.
ii. Under this scheme, scientists or senior researchers abroadof Indian origin or otherwise can collaborate with faculties.
iii. Under the scheme the broad areas of research like energy, health, advance material and others would be promoted.
State Government Schemes
Telangana launches single-woman pension scheme, first in India
On June 4, 2017, Telangana State Government launched single-woman pension scheme across the state, thereby becoming the first state in India to launch such scheme.
i. Under this scheme, Telangana State Govt. will provide 1,000 financial assistance per month to single women. The beneficiaries would get the pension in their bank accounts every month.
ii. Officials have identified 108302 beneficiaries in 31 districts.
iii. This scheme will benefit unmarried women, joginis and divorced women.
Punjab govt launches 'Chief Minister Scholarship Scheme'
On June 6, 2017, Punjab State government launched the “Chief Minister Scholarship Scheme” with an aim to provide cheaper and quality technical education to the meritorious and poor students of the state.
i.The scheme was formally launched jointly by the Punjab Finance Minister Manpreet Singh Badal and Punjab Technical Education Minister Charanjit Singh Channi after approval from Punjab Chief Minister Captain Amarinder Singh.
ii. Under the scheme, students scoring 60-70% marks in Class 10 will get 70% fee waiver, 80% fee waiver for those getting between 70% and 80% marks and 90% for those scoring 80-90% marks. Students with 90-100% marks will get free education.
Madhya Pradesh government launches farmers’debt relief scheme, allocates Rs 1,000
Madhya Pradesh government has launched a new debt relief scheme “Krishi Rin Samadhan Yojana” for farmers.
i. The cabinet has allocated Rs 1,000 crore for the scheme.
ii. Under this scheme, the interest rate on loans would be less which would in turn also help defaulting farmers get loan.
iii. Chief Minister Shivraj Singh Chauhan has announced a compensation of Rs 1 crore for the kith and the kin of the dead farmers.
DDA launches new housing scheme with 12,000 flats
The Delhi Development Authority will launch its new housing scheme on 30th June.
i. The scheme is being floated under the Pradhan Mantri Awas Yojana to help a large number of people avail subsidy on interest.
ii. The cost of the flats varies from Rs 7.5 lakh to Rs 1.44 crore, depending on the type and
iii. A majority of these flats fall under the LIG one-bedroom category.
iv. There are 10,000-plus flats in the LIG-one-bedroom category and the price range is between Rs 14 and Rs 30 lakh.
v. The benefit will range between Rs 2.4 lakh and Rs 2.7 lakh. But only those allottees can benefit from CLSS who meet the income status and other criteria of the scheme.
vi. To apply for the flats, people will have to pay Rs 1 lakh for LIG and Rs 2 lakh for MIG HIG flats as earnest money.
Mizoram launches scheme for better treatment of HIV-Hit people
The Mizoram Health Minister Lal Thanzara has launched the 'Test and Treat Strategy' of the Mizoram state AIDS Control Society (MSACS) to improve treatment for HIV affected people in the state.
i. Under the 'Test and Treat Strategy', the HIV affected people would be given free Anti Retrovira Therapy (ART) irrespective of the CD4 count.
ii. The Test and Treat Strategy is a new initiative of the Centre to combat the HIV/AIDS disease.