Kurzarbeit Scheme of Germany

The ongoing COVID-19 situation has increased the concerns about job losses across the world. In this context, Germany’s partial compensation policy is being discussed. About the Scheme The term ‘kurzarbeit’ in German means ‘short work’. It is a policy introduced by Germany during the 2008 economic crisis to partially compensate the lost wages of the ..

Category: Economy & Banking Current Affairs • Government Schemes Current Affairs • International Current Affairs

Topics: COVID-19 • Germany • Income Support

Update : Financial Support to Farmers

The Andhra Pradesh government has announced the Rythu Bharosa scheme which will provide financial input assistance to the farmers. What is Rythu Bharosa? The Rythu Bharosa will be aimed at all farmers (including tenant farmers) who hold a landholding up to a 5-acre limit. They will get Rs 12,500 a year as an incentive or ..

Category: Government Schemes Current Affairs

Topics: direct benefit transfer • Farmers • Income Support