Enhanced Import Duty on Bamboo Sticks

The Government of India had recently announced that the import duty on bamboo sticks is to be increased from 10% to 25%. This is to have great impact on Agarbatti industry creating at least 1 lakh new jobs according to KVIC (Khadi and Village Industries Commission). Background The decision of enhancing the import duty was ..

Month: Current Affairs - June, 2020

Category: Economy & Banking Current Affairs

Topics: Agarbatti industry • Agriculture • Bamboo • Bamboo Plantation • farmer welfare • import duty • Import Duty Hike • India China • KVIC • local produce • National Bamboo Mission

Haryana: 1,000 Water Recharge Bores to be constructed

On June 11, 2020, the Haryana Government announced that, it will construct 1,000 water recharge bores in the state. The water bores are to be constructed in the water deficient areas of the state. Highlights The bores are being constructed in the state of Haryana to recharge the underground water with rainfall. The State Government ..

Month: Current Affairs - June, 2020

Topics: Agriculture • Atal Bhujal Yojana • farmer welfare • Government Schemes • Ground Water • Haryana • Water conservation

Per Drop More Crop: Rs 4,000 crore allocated

The Government of India has allocated Rs 4,000 crores under Per Drop More Crop component of Pradhan Mantri Krishi Sinchayee Yojana for the year 2020-21. Highlights The Government of India has allocated the funds to implement the Per Drop More Crop component and the state governments are to identify the beneficiaries. Along with this, the ..

Month: Current Affairs - June, 2020

Category: Government Schemes Current Affairs

Topics: Agriculture • Drip irrigation • farmer welfare • Fertilizer • Micro Irrigation Fund • NABARD • Per Drop More Crops • Pradhan Mantri Krishi Sinchayee Yojana • sprinkler irrigation

Union Cabinet approves farmer friendly Essential Commodities Act

On June 3, 2020, the Union Cabinet chaired by PM Modi has made historic amendments to Essential Commodities Act. Under the amendment, the regulatory environment has been liberalized for farmers. The Farmers Agreement on Price Assurance and Farm Services Ordinance, 2020: The amendment has been made through this ordinance. The ordinance will allow farmers to ..

Month: Current Affairs - June, 2020

Category: Legal & Constitution Current Affairs

Topics: amendments • Atma Nirbhar Bharat Abhiyan • cabinet approval • CLAT • Essential Commodities Act • farmer welfare • nirmala sitaraman • Union Cabinet

GoI launches Kisan Credit Card scheme for Dairy Farmers

On June 2, 2020, the Government of India launched Kisan Credit Card campaign to help dairy farmers. The Kisan Credit cards are to be provided to around 1.5 crore dairy farmers. Highlights Under the Scheme, the Government of India is to provide Kisan Credit Cards to farmers that are associated with milk producing companies. The ..

Month: Current Affairs - June, 2020

Category: Government Schemes Current Affairs

Topics: Atma Nirbhar Bharat Abhiyan • Cooperative Enterprise • COVID-19 • Dairy Sector • farmer welfare • Kisan Credit Card Scheme