Week I April 2017 UPSC Notes | EduRev

UPSC : Week I April 2017 UPSC Notes | EduRev

 Page 1


 
 
Abhimanu 
Weekly current affairs Series 
 
 
 
 
 
Week: I, April 2017 
 
 
 
 
 
Abhimanu’s IAS Study Group 
Chandigarh 
 
Page 2


 
 
Abhimanu 
Weekly current affairs Series 
 
 
 
 
 
Week: I, April 2017 
 
 
 
 
 
Abhimanu’s IAS Study Group 
Chandigarh 
 
 
 
 
NATIONAL ECONOMIC AFFAIRS 
Rail Development Authority (RDA) 
? The Union Cabinet has cleared approved setting up an independent rail regulator, named Rail Development 
Authority (RDA).  
? It will be based in Delhi and will be set up through an executive order.   
Functions of RDA 
? Tariff determination: The regulator will frame principles, recommend tariffs, principles for classification of 
commodities, frame principles for social service obligation and guidelines for track access charges on 
dedicated freight corridors. 
? Ensuring fair play: The Railway Board has been often accused of bias. The regulatory body will ensure level-
playing field for all stakeholders. It will help propose modifications and send suggestions or advisory notes on 
investment in railways by the Indian Railways, make suggestions regarding policies for private investment to 
ensure reasonable safeguards to PPP investors and to resolve disputes regarding future concession 
agreements. 
? Setting standards: It will help set efficiency and performance standards, and disseminate information in line 
with global best practices and benchmarking. 
Constitution of RDA 
? The RDA will have a chairman and three members with a fixed term of five years each. They can be removed 
by the Central government only on certain grounds, including insolvency, conviction, misbehaviour, physical 
and mental incapability. 
? The organisation will be set up with an initial corpus of Rs50 crore and can engage experts from relevant areas 
for assistance. 
? It will be an independent body with a separate budget. The independence is ensured through provision of a 
separate budget, and the appointment and removal process. 
? The Central government will appoint the chairman and members by choosing from a panel of names 
recommended by the search and selection committee consisting of cabinet secretary as chairman, chairman 
railway board, secretary of department of personnel and training and chairman of any regulatory body of the 
Central government nominated by the cabinet secretary. 
Analysis: 
? This authority will help the national carrier take decisions on pricing of services commensurate with costs, 
protect consumer interests, suggest measures for enhancement of non-fare revenue, promote competition 
and encourage market development, create positive environment for investment, promote efficient 
resource allocation and benchmarking of service standards, and suggest measures for absorption of new 
technologies and human resource development. 
? Until now, reforms in Indian Railways like increase in train tariffs and reduction in the number of railway 
employees have been withheld due to political reasons. 
? The need for a rail regulator has been emphasized since 2001 by various committees. The first 
recommendation for an independent rail regulator came in 2001 when an expert group under the 
chairmanship of Rakesh Mohan suggested the formation of a regulatory authority to fix rail tariffs. Later, 
Page 3


 
 
Abhimanu 
Weekly current affairs Series 
 
 
 
 
 
Week: I, April 2017 
 
 
 
 
 
Abhimanu’s IAS Study Group 
Chandigarh 
 
 
 
 
NATIONAL ECONOMIC AFFAIRS 
Rail Development Authority (RDA) 
? The Union Cabinet has cleared approved setting up an independent rail regulator, named Rail Development 
Authority (RDA).  
? It will be based in Delhi and will be set up through an executive order.   
Functions of RDA 
? Tariff determination: The regulator will frame principles, recommend tariffs, principles for classification of 
commodities, frame principles for social service obligation and guidelines for track access charges on 
dedicated freight corridors. 
? Ensuring fair play: The Railway Board has been often accused of bias. The regulatory body will ensure level-
playing field for all stakeholders. It will help propose modifications and send suggestions or advisory notes on 
investment in railways by the Indian Railways, make suggestions regarding policies for private investment to 
ensure reasonable safeguards to PPP investors and to resolve disputes regarding future concession 
agreements. 
? Setting standards: It will help set efficiency and performance standards, and disseminate information in line 
with global best practices and benchmarking. 
Constitution of RDA 
? The RDA will have a chairman and three members with a fixed term of five years each. They can be removed 
by the Central government only on certain grounds, including insolvency, conviction, misbehaviour, physical 
and mental incapability. 
? The organisation will be set up with an initial corpus of Rs50 crore and can engage experts from relevant areas 
for assistance. 
? It will be an independent body with a separate budget. The independence is ensured through provision of a 
separate budget, and the appointment and removal process. 
? The Central government will appoint the chairman and members by choosing from a panel of names 
recommended by the search and selection committee consisting of cabinet secretary as chairman, chairman 
railway board, secretary of department of personnel and training and chairman of any regulatory body of the 
Central government nominated by the cabinet secretary. 
Analysis: 
? This authority will help the national carrier take decisions on pricing of services commensurate with costs, 
protect consumer interests, suggest measures for enhancement of non-fare revenue, promote competition 
and encourage market development, create positive environment for investment, promote efficient 
resource allocation and benchmarking of service standards, and suggest measures for absorption of new 
technologies and human resource development. 
? Until now, reforms in Indian Railways like increase in train tariffs and reduction in the number of railway 
employees have been withheld due to political reasons. 
? The need for a rail regulator has been emphasized since 2001 by various committees. The first 
recommendation for an independent rail regulator came in 2001 when an expert group under the 
chairmanship of Rakesh Mohan suggested the formation of a regulatory authority to fix rail tariffs. Later, 
 
 
several railway committees suggested a Railway Tariff Development Authority. The most recent 
recommendation for RDA came through the National Transport Development Policy Committee (NTDPC) in 
2014 and Bibek Debroy’s Committee in 2015. 
Multi-Modal Terminal 
? The multi-modal terminal is an important component of the development of the National Waterway-1 from 
Varanasi to Haldia, a distance of 1390 km. 
?  NW-1 is being developed under the Jal Marg Vikas Project of the Inland Waterways Authority of India, with 
the technical and financial assistance of World Bank at an estimated cost of Rs. 5369 crore.  
? The Sahibganj terminal is the second out of three multi-modal terminals to be constructed on NW-1. Earlier in 
May 2016, IWAI had awarded the contract for the construction of a multi-modal terminal at Varanasi. The 
third terminal will be constructed at Haldia in West Bengal. The work is expected to commence soon at 
Haldia. Construction of terminals is essential to facilitate transhipment and movement of bulk cargo on NW-
1.  
? National Waterway-1 (NW-1) is a waterway of national significance passing through Uttar Pradesh, Bihar, 
Jharkhand and West Bengal, serving the major cities of Haldia, Howrah, Kolkata, Bhagalpur, Patna, Ghazipur, 
Varanasi, Allahabad and their industrial hinterland including several industries located in the Ganga basin. 
The rail and road corridors in this region are heavily saturated. Hence, the development of NW-1 would 
provide an alternative, viable, economical, efficient and eco-friendly mode of transport. The waterway will 
act as a catalyst in the socio-economic development of the regions by creating new business and employment 
opportunities. 
About Jal Marg Vikas Project (JMVP) 
? ‘Jal Marg Vikas’ is a  project on the river Ganga , being developed between Allahabad and Haldia to cover a 
distance of 1620 kms. 
? The project envisages development of a fairway with three metres depth ,  which would enable commercial 
navigation of at least 1500 ton vessels on the river.  
? Construction of multi modal terminals, jetties, river information system, channel marking, navigational lock, 
river training and conservancy works are to be undertaken as part of the project.  
? The project  is being implemented with technical and investment support from World Bank and would be 
completed over a period of six years at an estimated cost of Rs. 4200 crore. 
NATIONAL POLITY 
India Rankings 2017 
? Union Human Resource and Development Ministry has released the Indian rankings 2017 with the inclusion of 
two new categories: Common Overall Rank and the General Degree. 
Main highlights: 
? According to the India Rankings 2017, the Indian Institute of Technology(IIT) Madras tops the list in the 
Engineering category while IISC, Bangalore sits at the top of the Common Overall Rankings, followed by IIT 
Madras, IIT Bombay, IIT Kharagpur, IIT Delhi, JNU, IIT Kanpur, IIT Guwahati, IIT Roorkee respectively. 
? In the list of the best Management institutes in the country, the Indian Institute of Management(IIM) 
Ahmedabad gets the top spot while being followed by IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM 
Kozhikode respectively. 
Page 4


 
 
Abhimanu 
Weekly current affairs Series 
 
 
 
 
 
Week: I, April 2017 
 
 
 
 
 
Abhimanu’s IAS Study Group 
Chandigarh 
 
 
 
 
NATIONAL ECONOMIC AFFAIRS 
Rail Development Authority (RDA) 
? The Union Cabinet has cleared approved setting up an independent rail regulator, named Rail Development 
Authority (RDA).  
? It will be based in Delhi and will be set up through an executive order.   
Functions of RDA 
? Tariff determination: The regulator will frame principles, recommend tariffs, principles for classification of 
commodities, frame principles for social service obligation and guidelines for track access charges on 
dedicated freight corridors. 
? Ensuring fair play: The Railway Board has been often accused of bias. The regulatory body will ensure level-
playing field for all stakeholders. It will help propose modifications and send suggestions or advisory notes on 
investment in railways by the Indian Railways, make suggestions regarding policies for private investment to 
ensure reasonable safeguards to PPP investors and to resolve disputes regarding future concession 
agreements. 
? Setting standards: It will help set efficiency and performance standards, and disseminate information in line 
with global best practices and benchmarking. 
Constitution of RDA 
? The RDA will have a chairman and three members with a fixed term of five years each. They can be removed 
by the Central government only on certain grounds, including insolvency, conviction, misbehaviour, physical 
and mental incapability. 
? The organisation will be set up with an initial corpus of Rs50 crore and can engage experts from relevant areas 
for assistance. 
? It will be an independent body with a separate budget. The independence is ensured through provision of a 
separate budget, and the appointment and removal process. 
? The Central government will appoint the chairman and members by choosing from a panel of names 
recommended by the search and selection committee consisting of cabinet secretary as chairman, chairman 
railway board, secretary of department of personnel and training and chairman of any regulatory body of the 
Central government nominated by the cabinet secretary. 
Analysis: 
? This authority will help the national carrier take decisions on pricing of services commensurate with costs, 
protect consumer interests, suggest measures for enhancement of non-fare revenue, promote competition 
and encourage market development, create positive environment for investment, promote efficient 
resource allocation and benchmarking of service standards, and suggest measures for absorption of new 
technologies and human resource development. 
? Until now, reforms in Indian Railways like increase in train tariffs and reduction in the number of railway 
employees have been withheld due to political reasons. 
? The need for a rail regulator has been emphasized since 2001 by various committees. The first 
recommendation for an independent rail regulator came in 2001 when an expert group under the 
chairmanship of Rakesh Mohan suggested the formation of a regulatory authority to fix rail tariffs. Later, 
 
 
several railway committees suggested a Railway Tariff Development Authority. The most recent 
recommendation for RDA came through the National Transport Development Policy Committee (NTDPC) in 
2014 and Bibek Debroy’s Committee in 2015. 
Multi-Modal Terminal 
? The multi-modal terminal is an important component of the development of the National Waterway-1 from 
Varanasi to Haldia, a distance of 1390 km. 
?  NW-1 is being developed under the Jal Marg Vikas Project of the Inland Waterways Authority of India, with 
the technical and financial assistance of World Bank at an estimated cost of Rs. 5369 crore.  
? The Sahibganj terminal is the second out of three multi-modal terminals to be constructed on NW-1. Earlier in 
May 2016, IWAI had awarded the contract for the construction of a multi-modal terminal at Varanasi. The 
third terminal will be constructed at Haldia in West Bengal. The work is expected to commence soon at 
Haldia. Construction of terminals is essential to facilitate transhipment and movement of bulk cargo on NW-
1.  
? National Waterway-1 (NW-1) is a waterway of national significance passing through Uttar Pradesh, Bihar, 
Jharkhand and West Bengal, serving the major cities of Haldia, Howrah, Kolkata, Bhagalpur, Patna, Ghazipur, 
Varanasi, Allahabad and their industrial hinterland including several industries located in the Ganga basin. 
The rail and road corridors in this region are heavily saturated. Hence, the development of NW-1 would 
provide an alternative, viable, economical, efficient and eco-friendly mode of transport. The waterway will 
act as a catalyst in the socio-economic development of the regions by creating new business and employment 
opportunities. 
About Jal Marg Vikas Project (JMVP) 
? ‘Jal Marg Vikas’ is a  project on the river Ganga , being developed between Allahabad and Haldia to cover a 
distance of 1620 kms. 
? The project envisages development of a fairway with three metres depth ,  which would enable commercial 
navigation of at least 1500 ton vessels on the river.  
? Construction of multi modal terminals, jetties, river information system, channel marking, navigational lock, 
river training and conservancy works are to be undertaken as part of the project.  
? The project  is being implemented with technical and investment support from World Bank and would be 
completed over a period of six years at an estimated cost of Rs. 4200 crore. 
NATIONAL POLITY 
India Rankings 2017 
? Union Human Resource and Development Ministry has released the Indian rankings 2017 with the inclusion of 
two new categories: Common Overall Rank and the General Degree. 
Main highlights: 
? According to the India Rankings 2017, the Indian Institute of Technology(IIT) Madras tops the list in the 
Engineering category while IISC, Bangalore sits at the top of the Common Overall Rankings, followed by IIT 
Madras, IIT Bombay, IIT Kharagpur, IIT Delhi, JNU, IIT Kanpur, IIT Guwahati, IIT Roorkee respectively. 
? In the list of the best Management institutes in the country, the Indian Institute of Management(IIM) 
Ahmedabad gets the top spot while being followed by IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM 
Kozhikode respectively. 
 
 
 
? Similarly, IISc Bangalore tops the list of the best universities in the country, followed by JNU, Delhi and the 
BHU, Varanasi. Meanwhile, in the list of top colleges in the country, Miranda House, Delhi leads the way with 
Loyola College, Chennai & Shri Ram College of Commerce, Delhi following it respectively. 
? In the list of the top pharma institutions, Jamia Hamdard, New Delhi tops the chart, while being followed by 
the National Institute of Pharma. Education and Research, Mohali. 
 Salient features of the ranking: 
? Methodology is based on developing a set of metrics for ranking of academic institutions, based on the 
parameters agreed upon by the core committee. 
? These parameters are organized into five broad heads, and have been further elaborated into suitable sub-
heads. Each broad head has an overall weight assigned to it. Within each head, the various sub-heads also 
have an appropriate weight distribution. 
? This ranking has been based on 20 parameters, which would be very useful to the stakeholders. Regional 
diversity, gender equity, the inclusion of disadvantaged sections were among some of the specific parameters 
in the India Rankings 2017. 
? An attempt is also made to identify the relevant data needed to suitably measure the performance score 
under each sub-head. Emphasis here is on identifying data that the institution can easily provide or is easy to 
obtain from third party sources and easily verifiable, where verification is needed. This is important in the 
interest of transparency. 
? A suitable metric is then proposed based on this data, which computes a score under each sub-head. The sub-
head scores are then added to obtain scores for each individual head. The overall score is computed based on 
the weights allotted to each head. The overall score can take a maximum value of 100. 
? The institutions can then be rank-ordered based on their scores. 
Geotagging of assets created under RKVY 
? The government has proposed to prepare inventory of the assets created in the last one decade (2007-2017) 
under RKVY through Geotagging technique.  
? National Remote Sensing Centre (NRSC), wing of Indian Space Research Organisation is providing technical 
support to RKVY division and has come up with a detailed procedure for the same. 
What is geo tagging? 
? Geotagging- It is the process of adding geographical identification like latitude and longitude to various media 
such as a photo or video. Geotagging can help users find a wide variety of location-specific information from a 
device. It provides users the location of the content of a given picture. 
? Geomapping-a  visual representation of the geographical location of geotagged assets  layered on top of map 
or satellite imagery 
 About RKVY: 
? State Plan Scheme of Additional Central Assistance was started in 2007 and known as Rashtriya Krishi Vikas 
Yojana.  
? This scheme was an ingredient of Government of India’s eleventh 5 Year Plan. Initiated under the guidance of 
the National Development Council, it looks to attain four percentage yearly development in agriculture by  
growth of Agriculture & its related divisions (as distinct by the Planning Commission (India)) in the period of 
the eleventh 5 Year Plan (2007–11 year). 
? The scheme is fundamentally a State Plan Scheme. This scheme looks to offer the States & Indian Territories 
independence to sketch up plans for augmented public venture in Agriculture through incorporating 
knowledge on local necessities, geographical/ weather conditions, obtainable natural assets/ technology & 
cropping model in their own districts for noteworthy boost of yield of Agriculture & its related sectors & 
ultimately maximize the profits of farmers in farming & its related divisions. 
Page 5


 
 
Abhimanu 
Weekly current affairs Series 
 
 
 
 
 
Week: I, April 2017 
 
 
 
 
 
Abhimanu’s IAS Study Group 
Chandigarh 
 
 
 
 
NATIONAL ECONOMIC AFFAIRS 
Rail Development Authority (RDA) 
? The Union Cabinet has cleared approved setting up an independent rail regulator, named Rail Development 
Authority (RDA).  
? It will be based in Delhi and will be set up through an executive order.   
Functions of RDA 
? Tariff determination: The regulator will frame principles, recommend tariffs, principles for classification of 
commodities, frame principles for social service obligation and guidelines for track access charges on 
dedicated freight corridors. 
? Ensuring fair play: The Railway Board has been often accused of bias. The regulatory body will ensure level-
playing field for all stakeholders. It will help propose modifications and send suggestions or advisory notes on 
investment in railways by the Indian Railways, make suggestions regarding policies for private investment to 
ensure reasonable safeguards to PPP investors and to resolve disputes regarding future concession 
agreements. 
? Setting standards: It will help set efficiency and performance standards, and disseminate information in line 
with global best practices and benchmarking. 
Constitution of RDA 
? The RDA will have a chairman and three members with a fixed term of five years each. They can be removed 
by the Central government only on certain grounds, including insolvency, conviction, misbehaviour, physical 
and mental incapability. 
? The organisation will be set up with an initial corpus of Rs50 crore and can engage experts from relevant areas 
for assistance. 
? It will be an independent body with a separate budget. The independence is ensured through provision of a 
separate budget, and the appointment and removal process. 
? The Central government will appoint the chairman and members by choosing from a panel of names 
recommended by the search and selection committee consisting of cabinet secretary as chairman, chairman 
railway board, secretary of department of personnel and training and chairman of any regulatory body of the 
Central government nominated by the cabinet secretary. 
Analysis: 
? This authority will help the national carrier take decisions on pricing of services commensurate with costs, 
protect consumer interests, suggest measures for enhancement of non-fare revenue, promote competition 
and encourage market development, create positive environment for investment, promote efficient 
resource allocation and benchmarking of service standards, and suggest measures for absorption of new 
technologies and human resource development. 
? Until now, reforms in Indian Railways like increase in train tariffs and reduction in the number of railway 
employees have been withheld due to political reasons. 
? The need for a rail regulator has been emphasized since 2001 by various committees. The first 
recommendation for an independent rail regulator came in 2001 when an expert group under the 
chairmanship of Rakesh Mohan suggested the formation of a regulatory authority to fix rail tariffs. Later, 
 
 
several railway committees suggested a Railway Tariff Development Authority. The most recent 
recommendation for RDA came through the National Transport Development Policy Committee (NTDPC) in 
2014 and Bibek Debroy’s Committee in 2015. 
Multi-Modal Terminal 
? The multi-modal terminal is an important component of the development of the National Waterway-1 from 
Varanasi to Haldia, a distance of 1390 km. 
?  NW-1 is being developed under the Jal Marg Vikas Project of the Inland Waterways Authority of India, with 
the technical and financial assistance of World Bank at an estimated cost of Rs. 5369 crore.  
? The Sahibganj terminal is the second out of three multi-modal terminals to be constructed on NW-1. Earlier in 
May 2016, IWAI had awarded the contract for the construction of a multi-modal terminal at Varanasi. The 
third terminal will be constructed at Haldia in West Bengal. The work is expected to commence soon at 
Haldia. Construction of terminals is essential to facilitate transhipment and movement of bulk cargo on NW-
1.  
? National Waterway-1 (NW-1) is a waterway of national significance passing through Uttar Pradesh, Bihar, 
Jharkhand and West Bengal, serving the major cities of Haldia, Howrah, Kolkata, Bhagalpur, Patna, Ghazipur, 
Varanasi, Allahabad and their industrial hinterland including several industries located in the Ganga basin. 
The rail and road corridors in this region are heavily saturated. Hence, the development of NW-1 would 
provide an alternative, viable, economical, efficient and eco-friendly mode of transport. The waterway will 
act as a catalyst in the socio-economic development of the regions by creating new business and employment 
opportunities. 
About Jal Marg Vikas Project (JMVP) 
? ‘Jal Marg Vikas’ is a  project on the river Ganga , being developed between Allahabad and Haldia to cover a 
distance of 1620 kms. 
? The project envisages development of a fairway with three metres depth ,  which would enable commercial 
navigation of at least 1500 ton vessels on the river.  
? Construction of multi modal terminals, jetties, river information system, channel marking, navigational lock, 
river training and conservancy works are to be undertaken as part of the project.  
? The project  is being implemented with technical and investment support from World Bank and would be 
completed over a period of six years at an estimated cost of Rs. 4200 crore. 
NATIONAL POLITY 
India Rankings 2017 
? Union Human Resource and Development Ministry has released the Indian rankings 2017 with the inclusion of 
two new categories: Common Overall Rank and the General Degree. 
Main highlights: 
? According to the India Rankings 2017, the Indian Institute of Technology(IIT) Madras tops the list in the 
Engineering category while IISC, Bangalore sits at the top of the Common Overall Rankings, followed by IIT 
Madras, IIT Bombay, IIT Kharagpur, IIT Delhi, JNU, IIT Kanpur, IIT Guwahati, IIT Roorkee respectively. 
? In the list of the best Management institutes in the country, the Indian Institute of Management(IIM) 
Ahmedabad gets the top spot while being followed by IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM 
Kozhikode respectively. 
 
 
 
? Similarly, IISc Bangalore tops the list of the best universities in the country, followed by JNU, Delhi and the 
BHU, Varanasi. Meanwhile, in the list of top colleges in the country, Miranda House, Delhi leads the way with 
Loyola College, Chennai & Shri Ram College of Commerce, Delhi following it respectively. 
? In the list of the top pharma institutions, Jamia Hamdard, New Delhi tops the chart, while being followed by 
the National Institute of Pharma. Education and Research, Mohali. 
 Salient features of the ranking: 
? Methodology is based on developing a set of metrics for ranking of academic institutions, based on the 
parameters agreed upon by the core committee. 
? These parameters are organized into five broad heads, and have been further elaborated into suitable sub-
heads. Each broad head has an overall weight assigned to it. Within each head, the various sub-heads also 
have an appropriate weight distribution. 
? This ranking has been based on 20 parameters, which would be very useful to the stakeholders. Regional 
diversity, gender equity, the inclusion of disadvantaged sections were among some of the specific parameters 
in the India Rankings 2017. 
? An attempt is also made to identify the relevant data needed to suitably measure the performance score 
under each sub-head. Emphasis here is on identifying data that the institution can easily provide or is easy to 
obtain from third party sources and easily verifiable, where verification is needed. This is important in the 
interest of transparency. 
? A suitable metric is then proposed based on this data, which computes a score under each sub-head. The sub-
head scores are then added to obtain scores for each individual head. The overall score is computed based on 
the weights allotted to each head. The overall score can take a maximum value of 100. 
? The institutions can then be rank-ordered based on their scores. 
Geotagging of assets created under RKVY 
? The government has proposed to prepare inventory of the assets created in the last one decade (2007-2017) 
under RKVY through Geotagging technique.  
? National Remote Sensing Centre (NRSC), wing of Indian Space Research Organisation is providing technical 
support to RKVY division and has come up with a detailed procedure for the same. 
What is geo tagging? 
? Geotagging- It is the process of adding geographical identification like latitude and longitude to various media 
such as a photo or video. Geotagging can help users find a wide variety of location-specific information from a 
device. It provides users the location of the content of a given picture. 
? Geomapping-a  visual representation of the geographical location of geotagged assets  layered on top of map 
or satellite imagery 
 About RKVY: 
? State Plan Scheme of Additional Central Assistance was started in 2007 and known as Rashtriya Krishi Vikas 
Yojana.  
? This scheme was an ingredient of Government of India’s eleventh 5 Year Plan. Initiated under the guidance of 
the National Development Council, it looks to attain four percentage yearly development in agriculture by  
growth of Agriculture & its related divisions (as distinct by the Planning Commission (India)) in the period of 
the eleventh 5 Year Plan (2007–11 year). 
? The scheme is fundamentally a State Plan Scheme. This scheme looks to offer the States & Indian Territories 
independence to sketch up plans for augmented public venture in Agriculture through incorporating 
knowledge on local necessities, geographical/ weather conditions, obtainable natural assets/ technology & 
cropping model in their own districts for noteworthy boost of yield of Agriculture & its related sectors & 
ultimately maximize the profits of farmers in farming & its related divisions. 
 
 
? A State is entitled for financial support in the RKVY. With the condition that it maintains or augment the 
proportion of its spending on Agriculture & its related Sectors with regard to the whole State Plan expenses, 
with the Base Line (that will move each year) for this spending is the middling of the fraction of expenses 
acquired by a State Government for the prior 3 years on farming & its related segments minus any finances 
associated to Agriculture & its related sectors which it might previously have acknowledged in that instant in 
its State graph. 
Analysis: 
? Several assets are created in the states under various schemes of the Ministry of Agriculture.   
? Under RKVY also, states have been utilising substantial amount of funds for creation of infrastructure/assets 
in agriculture and allied sectors such as soil testing labs, pesticide testing labs,  bio fertiliser setting units, 
custom hiring centres,  vaccine production units , veterinary diagnosis labs , dispensaries , milk collection 
centres , fish production units, godowns, cold storage, shade nets, pandals for vegetable cultivation   etc.  
? Monitoring of such wide spread activities is of paramount importance to states and Government of India to 
understand flow of funds, inventorising the assets, bringing in transparency, planning of assets for future, 
and finally informing the farmers about the facilities available. 
? Geotagging for monitoring of assets is already started in Ministry of Rural Development for MGNREGA and 
Department of Land Resources for monitoring of watershed activities in the states. Postal department has 
also geotagged the post offices using NRSC Bhuvan Platform. 
African Development Bank  
? India is hosting 52nd annual meeting of the African Development Bank in Ahmedabad. 
About African Development Bank Group: 
? Established in 1964 with a mandate to reduce poverty and promote economic and social development in 
Africa, the African Development Bank is becoming a major financier for development on the continent.  
? The African Development Bank (AfDB) is similar to the World Bank in that it lends money and gives grants to 
African governments and invests in private companies operating in Africa. 
? The AfDB is increasingly taking a leadership role in initiatives to promote infrastructure financing and regional 
integration in Africa. 
? This institution aims at assisting African countries – individually and collectively - in their efforts to achieve 
sustainable economic development and social progress. Combating poverty is at the heart of the continent’s 
efforts to attain sustainable economic growth.  
? To this end, the Bank seeks to stimulate and mobilize internal and external resources to promote investments 
as well as provide its regional member countries with technical and financial assistance. 
? The institution’s greatest assets are its human resources which come from a wide geographic area.  
? In accordance with its policy of decentralization aimed at taking its operations closer to its beneficiaries, the 
Bank has, over the past few years, established about 23 field and country offices across the continent. 
MISSION AND OBJECTIVE 
? The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic 
development and social progress in its regional member countries (RMCs), thus contributing to poverty 
reduction.  
The Bank Group achieves this objective by: 
? Mobilizing and allocating resources for investment in RMCs; and 
? Providing policy advice and technical assistance to support development efforts. 
? In 2000, all multilateral development institutions have agreed on a same set of objectives, called the 
Millenium Development Goals (MDG).   
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