Daily Current Affairs for UPSC Civil Services Exam – 25 March 2021

In Today’s News:

  1. Electoral bonds.
  2. Rashtriya Gokul Mission.
  3. PM Shram Yogi Mandha Yojana.

1. Electoral Bonds

News Summary

There is a piece of news related to the Electoral bonds from a political angle. The scheme of electoral bonds is important from an examination perspective.

Prelims GS – Governance

Electoral Bond scheme:
  • The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd January 2018.
  • As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated or established in India.
  • A person being an individual can buy Electoral Bonds, either singly or jointly with other individuals.
  • Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than one percent of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the State, shall be eligible to receive the Electoral Bonds.
  • The Electoral Bonds shall be encashed by an eligible Political Party only through a Bank account with the Authorized Bank.
  • State Bank of India (SBI) has been authorized to issue and encash Electoral Bonds.
  • The Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period.
  • The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.

Click here to view the Courtesy: PIB Press Release dated 01-May-2019.

2. Rashtriya Gokul Mission

News Summary

The average productivity of cattle has increased by 27.95% between 2013-14 and 2019-20 which is the highest increase in productivity in the World. In order to complement and supplement the efforts made by the States and Union Territories Government of India has been implementing the following schemes to enhance milk production and productivity of bovines: Rashtriya Gokul Mission.,National Dairy Plan-I (continued up to November 2019), Breed Improvement Institutes comprising of 7 Central Cattle Breeding Farms and 4 Central Herd Registration Units. This information was given by the Minister of State for Fisheries, Animal Husbandry, and Dairying.

Prelims GS – Governance

  • Rashtriya Gokul Mission (RGM) has been launched in December 2014 with an outlay of Rs 2025 crore for the development and conservation of indigenous breeds through selective breeding in the breeding tract and genetic up-gradation of the nondescript bovine population.
  • The scheme comprises two components namely
    • National Programme for Bovine Breeding (NPBB) and
    • National Mission on Bovine Productivity (NMBP).

Mini Insights

Mains GS2 – Governance

Objectives of RGM:
  • Development and conservation of indigenous breeds;
  • Breed improvement program for indigenous breeds so as to improve the genetic makeup and increase the stock;
  • Enhancing milk production and productivity of bovine population by increasing disease free high genetic merit female population and check on the spread of diseases ;
  • Upgrading nondescript cattle using elite indigenous breeds like Gir, Sahiwal, Rathi, Deoni, Tharparkar, Red Sindhi ;
  • Distribution of disease-free high genetic merit bulls for natural service;
  • To bring all breedable females under organized breeding through AI or natural service using germplasm of high genetic merits;
  • To arrange quality Artificial Insemination (AI) services at farmers’ doorstep;
  • To create an e-market portal for bovine germplasm for connecting breeders and farmers

Click here to know more in the official guidelines of the RGM pdf.

3. PM Shram Yogi Mandhan Yojana

News Summary

Information about PM-SYM and other social security schemes was given by Minister of State (I/C) for Labour & Employment Shri Santosh Kumar Gangwar in a written reply in Rajya Sabha yesterday.

Prelims GS – Governance

PM-SYM and National Pension Scheme for Traders:
  • For old age protection to unorganized sector workers including traders, shopkeepers, and self-employed persons, the Government has launched two flagship schemes namely
    • Pradhan Mantri Shram Yogi Maan-DhanYojana (PM-SYM) and
    • National Pension Scheme for Traders, Shopkeepers, and Self-Employed Persons (NPS- Traders).
  • Under the schemes, beneficiaries are entitled to receive a minimum monthly assured pension of Rs.3000/- after attaining the age of 60 years.
  • The workers in the age group of 18-40 years whose monthly income is below Rs.15000/- can join the PM-SYM scheme and Traders, shop keepers, and self-employed persons whose annual turnover is not exceeding Rs.1.5 crore can join NPS – Traders scheme.
  • These are voluntary and contributory pension schemes and monthly contribution ranges from Rs.55 to Rs.200 depending upon the entry age of the beneficiary.
  • Under both the schemes, 50% monthly contribution is payable by the beneficiary and an equal matching contribution is paid by the Central Government.
  • Both the schemes are being implemented in all the States/UTs of India.

Click here to view the official PIB Release.



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