In Today’s News:
- Agriculture Infrastructure Fund
- Can any candidate become Chief Minister without being elected in the election?
1. Agriculture Infrastructure Fund
The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi gave its approval to the modifications in the Central Sector Scheme of Financing Facility under ‘Agriculture Infrastructure Fund’.
Prelims GS – Governance/Agriculture
Agriculture Infrastructure Fund:
- The Agriculture Infrastructure Fund is a medium – long-term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee.
- The duration of the scheme is from FY2020 to FY2029 (10 years).
- Under the scheme, Rs. 1 Lakh Crore will be provided by banks and financial institutions as loans with interest subvention of 3% per annum and credit guarantee coverage under CGTMSE for loans up to Rs. 2 Crores.
- Eligible beneficiaries include farmers, FPOs, PACS, Marketing Cooperative Societies, SHGs, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Start-ups, and Central/State agency or Local Body sponsored Public-Private Partnership Projects.
Click here to view the Courtesy: PIB release.
Modifications approved by the Cabinet under ‘Agriculture Infrastructure Fund’:
- Eligibility has now been extended to State Agencies/APMCs, National & State Federations of Cooperatives, Federations of Farmers Producers Organizations (FPOs), and Federations of Self Help Groups (SHGs).
- At present Interest subvention for a loan upto Rs. 2 crore in one location is eligible under the scheme. In case, one eligible entity puts up projects in different locations then all such projects will now be eligible for interest subvention for loans upto Rs. 2 crores. However, for a private sector entity, there will be a limit of a maximum of 25 such projects. This limitation of 25 projects will not be applicable to state agencies, national and state federations of cooperatives, federations of FPOs, and federation of SHGs. Location will mean the physical boundary of a village or town having a distinct LGD (Local Government Directory) code. Each of such projects should be in a location having a separate LGD code.
- For APMCs, interest subvention for a loan upto Rs. 2 crores will be provided for each project of different infrastructure types e.g. cold storage, sorting, grading, and assaying units, silos, et within the same market yard.
- The power has been delegated to Hon’ble Minister of Agriculture & Farmers Welfare to make necessary changes with regard to the addition or deletion of the beneficiary in such a manner so that the basic spirit of the scheme is not altered
- The period of the financial facility has been extended from 4 to 6 years upto 2025-26 and the overall period of the scheme has been extended from 10 to 13 upto 2032-33.
Click here to view the Courtesy: PIB release dated 8.7.2021
DBT-BIRAC supported startup Blackfrog Technologies has developed Emvolio.
Prelims GS – Science & Technology
- Emvolio is a portable, battery-powered medical-grade refrigeration device.
- It improves the efficiency of the immunization by strictly maintaining preset temperature for up to 12 hours.
- It enables the safe and efficient transportation of vaccines to the last mile.
- Emvólio has a 2-liter capacity, enabling it to carry 30-50 vials, the standard for a daylong immunization campaign.
- The device also includes continuous temperature monitoring, location tracking, state-of-charge indication, communication with headquarters via live tracking, and vital statistics for improved coverage.
- Emvólio’s patented technology ensures that all contents in the cold chamber are blanketed in strictly temperature-controlled air.
- The underlying refrigeration mechanism is solid-state cooling with a smart PID (Proportional Integral Derivate) controller, which guarantees precise temperature maintenance without the risk of noxious refrigerant leakage or cross-contamination.
- Due to the ability of the device to strictly maintain the temperature between 2°C and 8°C for up to 12 hours in the field, the device is being used as a platform for delivery of vaccines and all other biologicals like blood, serums, viral culture.
- The innovation solves the current challenge of last-mile vaccine delivery as currently iceboxes, which have no mechanism for temperature control and regulation, are being used.
Click here to view the Courtesy: PIB release.
An official of the Ministry of External Affairs, India has reacted strongly to the statement of OIC that OIC should be watchful of vested interests.
Prelims GS – International Organizations
- The Organisation of Islamic Cooperation (OIC) is the second-largest organization after the United Nations.
- It has a membership of 57 states spread over four continents.
- The Organization is the collective voice of the Muslim world.
- It endeavors to safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and harmony among various people of the world.
- The Organization was established upon a decision of the historical summit which took place in Rabat, the Kingdom of Morocco on 12th Rajab 1389 Hijra (25 September 1969) following the criminal arson of Al-Aqsa Mosque in occupied Jerusalem.
- India is not a member of OIC.
- Headquarters: Jeddah, Kingdom of Saudi Arabia
Click here to view the Courtesy: Official website of OIC.
4. Can any candidate become Chief Minister without being elected in the election?
There is a piece of political news related to the Chief Minister without being elected in the election.
Prelims GS – Polity
Article 164 Other provisions as to Ministers
- Clause 1 says that “The Chief Minister shall be appointed by the Governor and the other Ministers shall be appointed by the Governor on the advice of the Chief Minister, and the Ministers shall hold office during the pleasure of the Governor”
- Clause 4 says that “A Minister who for any period of six consecutive months is not a member of the Legislature of the State shall at the expiration of that period cease to be a Minister.”
- As per Clause 4, any candidate who is qualified to be elected as CM may become the Chief Minister of a state without getting elected as a member of the legislature. But within 6 months, the Chief Minister needs to be elected as a member of the Legislature of the state to continue his position as the Chief Minister of the State. This clause is applicable not only to the Chief Minister but also to any Minister of the state.
- Eg: Shri. Uddhav Thackerey Ji, Hon’ble CM of Maharashtra. He was chosen as the CM of Maharashtra when he was not a member of the Legislature and later within 6 months, he was elected as a Member of Legislative Council(MLC) and now he is continuing as the CM of Maharashtra.
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