NITI Aayog (National Institution for Transforming India):

NITI Aayog (National Institution for Transforming India): National Institution for Transforming India or NITI Aayog is a policy think-tank of Government of India. It replaces Planning Commission and aims to involve the states in economic policy-making in India. It will be providing strategic and technical advice to the central and the state governments i.e. by adoptingRead More

JAN DHAN YOJANA – Financial Inclusion Scheme

Pradhan Mantri Jan-Dhan Yojana (PMJDY) – Financial Inclusion Scheme Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Under Pradhan Mantri Jan-Dhan Yojana (PMJDY) scheme: Account holdersRead More

Shanta Kumar Committee Report – FCI restructuring

Shanta Kumar Committee Report – FCI restructuring: Government of India had  set up a High Level Committee (HLC) in August 2014 with Shri Shanta Kumar as the Chairman to suggest restructuring or unbundling of FCI with a view to improve its operational efficiency and financial management.  HLC was also asked toRead More

Minimum Support Price Calculation- Ramesh Chand Committee:

Minimum Support Price Calculation- Ramesh Chand Committee: The committee was constituted by the Union agriculture ministry to examine the mandate of the Commission for Agricultural Costs and Prices (CACP) and various aspects of fixation of minimum support price (MSP). In its recommendations, it has suggested a complete revamp of methodologyRead More