Argutes

Daily Current Affairs for UPSC Civil Services Exam – 05 April 2021

In Today’s News:

  1. Standup India Scheme.
  2. Police personnel martyred in the encounter with Naxalites in Chattisgarh.

1. Standup India Scheme

News Summary

More than Rs 25,586 crore has been sanctioned to over 1,14,322 accounts by the Banks under Stand-Up India Scheme in 5 years. 5th April is the 5th anniversary of the Standup India scheme.

Prelims GS – Governance

Standup India:
  • Stand up India Scheme was launched on 5th April 2016 to promote entrepreneurship at the grassroots level focusing on economic empowerment and job creation. This scheme has been extended up to the year 2025.
  • The objective of Stand-Up India is to promote entrepreneurship amongst women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a greenfield enterprise in the trading, manufacturing, and services sector, by both ready and trainee borrowers.
  • The purpose of Stand-Up India is to:
    • promote entrepreneurship amongst women, SC & ST category.
    • Provide loans for setting up greenfield enterprises in manufacturing,  services, or the trading sector & activities allied to agriculture by both ready and trainee borrowers
    • facilitate bank loans between Rs.10 lakh to Rs.1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks
  • Eligibility:
    • SC/ST and/or women entrepreneurs, above 18 years of age.
    • Loans under the scheme are available for only greenfield projects. Greenfield signifies, in this context, the first time venture of the beneficiary in the manufacturing,  services, or the trading sector & activities allied to agriculture
    • In the case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur.
    • Borrowers should not be in default to any bank/financial institution.

Click here to view the official PIB release and click here to view the official website.

2. Police personnel martyred in encounter with Naxalites in Chattisgarh

News Summary

Hon’ble Union Home Minister Shri Amit Shah paid tributes to the police personnel martyred in the encounter with Naxalites that took place in Chhattisgarh on 3rd April. Shri Amit Shah said that I want to assure the martyrs’ families and the country that the sacrifices the police personnel has made for the country will not go in vain.

Mini Insights

Mains GS3 – Internal Security

Left-Wing Extremism and measures are taken to tackle them:
  • To combat the Left Wing Extremism(LWE) menace, the Government of India has formulated the National Policy and Action Plan in 2015, which consists of a multi-pronged approach comprising security measures, development initiatives, and ensuring rights & entitlements of local communities.
  • Ministry of Home Affairs(MHA) is supporting the State Governments extensively by way of deployment of CAPF Battalions, provision of helicopters and UAVs, and sanction of India Reserve Battalions (IRBs)/ Special India Reserve Battalions (SIRBs), etc.
  • Funds are provided under Modernization of Police Force (MPF), Security Related Expenditure (SRE) Scheme, and Special Infrastructure Scheme (SIS) for modernization and training of State Police.
  • Apart from the flagship infrastructure schemes of the Central Government, several development initiatives have been implemented for the construction of roads, installation of mobile towers, skill development, improving the network of banks and post offices, health and education facilities.
  • Funds for development are also provided to most LWE affected districts under Special Central Assistance (SCA) scheme.
  • Resolute implementation of the National Policy and Action Plan has resulted in a consistent decline in the LWE violence and its geographical spread.

Click here to view the official PIB release dated 16th Sep 2020 regarding steps to check Maoist/Naxal activities.

Click here to view the MHA website on LWE control.

 

 

 

 

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