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Type: PIB

  • Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

    [pib] GRID-INDIA is now a Miniratna Company

    PIB | Economics | Mains Paper 3: Effects Of Liberalization On The Economy, Changes In Industrial Policy and their effects on Industrial Growth

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Central Public Sector Enterprise (CPSE) and their Categorization

    Mains level: NA

    What is the news-

    • Grid Controller of India Limited (GRID-INDIA) reached a significant milestone as it was honored with the prestigious status of Miniratna Category-I Central Public Sector Enterprise (CPSE) by the Ministry of Power.

    About Grid Controller of India Limited (GRID-INDIA)

    • Founding: Established in 2009, GRID-INDIA plays a vital role in ensuring the smooth operation of the Indian Power System.
    • Mandate: GRID-INDIA is tasked with overseeing the seamless transfer of electric power within and across regions, facilitating transnational power exchanges, and ensuring reliability, economy, and sustainability in the power sector.
    • Regional Load Despatch Centres (RLDCs) and NLDC: GRID-INDIA comprises five RLDCs and the National Load Despatch Centre (NLDC), collectively managing the All India synchronous grid.
    • Functions: Managing one of the world’s largest and most intricate power systems, GRID-INDIA handles diverse challenges arising from the integration of power systems, rising energy demands, and the proliferation of Renewable Energy (RE) sources.

    What are Central Public Sector Enterprises (CPSEs)?

    • CPSEs are companies in which the central government holds a majority stake (usually more than 51%).
    • These enterprises operate across various sectors, including manufacturing, infrastructure, energy, telecommunications, and financial services.
    • CPSEs are governed by the Department of Public Enterprises (DPE) under the Ministry of Heavy Industries and Public Enterprises.

    Within the CPSEs, there are further classifications based on their financial performance, operational autonomy, and strategic importance:

    Maharatna Companies Navratna Companies Miniratna Companies
    Categories Single category Single category Two categories (Category-I and Category-II) based on the Autonomy
    Eligibility Criteria Annual turnover of ₹25,000 crore, net worth of ₹15,000 crore, and net profit of ₹5,000 crore over the last three years A composite score of at least 60% based on various parameters such as net profit, net worth, total manpower cost, cost of production, PBDIT (Profit Before Depreciation, Interest, and Taxes) to turnover ratio, and other operational and financial parameters. Satisfactory operational and financial performance, as per government guidelines
    Operational Autonomy High degree of operational autonomy and financial powers Moderate degree of operational autonomy and financial powers Limited operational autonomy and financial powers
    Investment Authority Authority to make strategic investments, undertake mergers and acquisitions, and form joint ventures or collaborations without seeking government approval Authority to undertake investment decisions, execute projects, and form joint ventures or subsidiaries within prescribed limits without seeking government approval Authority to make certain investment decisions, incur capital expenditure and undertake expansion projects within prescribed limits without seeking government approval
    Number of Companies Limited number of companies (currently 10 Maharatna companies) Limited number of companies (currently 14 Navratna companies) Larger number of companies (over 70 Miniratna companies)
    Examples Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC), NTPC Limited Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL), Bharat Petroleum Corporation Limited (BPCL) Container Corporation of India (CONCOR), National Aluminium Company Limited (NALCO), Power Grid Corporation of India Limited (POWERGRID)

     

    PYQ:

    2011: Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?

    1. The Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.
    2. The Government no longer intends to retain the management control of the CPSEs.

    Which of the statements given above is/ are correct?

    1. 1 only
    2. 2 only
    3. Both 1 and 2
    4. Neither 1 nor 2

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  • Freedom of Speech – Defamation, Sedition, etc.

    PIB’s Fact Check Unit: Combating Misinformation in India

    PIBPrelims Only | Security Issues | Mains Paper 3: Social Media Networks & Internal Security

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Fact Check Unit (FCU) and its Functions

    Mains level: Not Much

    Why in the news?

    • Weeks ahead of the election, the Ministry of Electronics and Information Technology on Wednesday notified the Press Information Bureau’s Fact Check Unit (FCU) as the designated body to flag misinformation about Central government departments to social media platforms.

    Why PIB?

    • Under the GoI (Allocation of Business) Rules, 1961, the Ministry of Information and Broadcasting (MIB) is entrusted with the responsibility of disseminating information about government policies, schemes, and programs through various mediums of communication.
    • In fulfilling its role, the Ministry publicizes the policies, initiatives, schemes, and programs of the Government of India through press releases, press conferences, webinars, publication of books, etc.
    • To carry out this crucial function, the Ministry has several attached and subordinate offices, including the Press Information Bureau (PIB).

    What is Fact Check Unit (FCU)?

    • The Fact Check Unit’s mandate arises from the IT Rules, 2021, which stipulate that social media platforms risk losing legal liability protections if they fail to address notified misinformation promptly.
    • The unit verifies claims about government policies, regulations, announcements and measures.
    • Through an established rigorous fact-checking procedure, the PIB Fact Check Unit helps in dispelling myths, rumours and false claims, and provides accurate and reliable information to the public.

    Operational Framework

    • The FCU, led by senior DG/ADG level officer of the Indian Information Service (IIS), operates under the supervision of the Principal Director General of PIB.
    • Its mandate includes verifying claims related to government policies, regulations, and announcements through a rigorous fact-checking process.
    • The Unit reports to the Principal Director General, PIB who functions as the Principal Spokesperson of the Government of India.

    Fact-Check Mechanism

    • Query Handling: Users submit requests via WhatsApp, email, or a web portal, which are processed as ‘Queries’ by the Unit.
    • Verification Process: Actionable Queries relevant to the Government of India undergo thorough verification using official sources and technological tools.
    • Publication of Fact Checks: Verified information is categorized as Fake, Misleading, or True, and published on the Unit’s social media platforms for public awareness.

    Categories of Fact-Checked Content

    1. Fake: Factually incorrect information intentionally or unintentionally disseminated to deceive or manipulate the audience.
    2. Misleading: Information presented with partial truths, selective facts, or distortion to mislead recipients.
    3. True: Information verified to be factually accurate after rigorous investigation.

    PYQ:

    2017: Democracy’s superior virtue lies in the fact that it calls into activity-

    1. The intelligence and character of ordinary men and women.
    2. The methods for strengthening executive leadership.
    3. A superior individual with dynamism and vision.
    4. A band of dedicated party workers.

     

    Practice MCQ:

    The centre has recently established the Fact Check Unit (FCU) as a designated body to flag misinformation in India. In this regard, consider the following statements:

    1. Establishment of FCU is mandated under the Right to Information (RTI) Act, 2005.
    2. The FCU is led by an officer of the Indian Audit and Accounts Service (IAAS).

    Which of the given statements is/are correct?

    1. Only 1
    2. Only 2
    3. Both 1 and 2
    4. Neither 1 nor 2

     

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  • Women Safety Issues – Marital Rape, Domestic Violence, Swadhar, Nirbhaya Fund, etc.

    [pib] NCW-RPF Collaboration to prevent Women Trafficking

    PIB | Governance | Mains Paper 2: Statutory, Regulatory & Various Quasi-Judicial Bodies

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: National Commission for Women (NCW): Powers and Functions

    Mains level: NA

    What is the news-

    NCW-RPF MoU: Key Objectives

     

    1. Prevention and Rescue: The MoU aims to prevent human trafficking and facilitate the rescue of trafficked women through joint efforts.
    2. Role of RPF Personnel: RPF personnel stationed at railway stations are crucial in preventing trafficking and addressing crimes against women.
    3. Expanding Collaboration: NCW, which established an Anti-Human Trafficking Cell on April 2, 2022, has already been working with the Central Industrial Security Force (CISF) to combat the trafficking of women.

     

    About National Commission for Women (NCW)

    • The NCW is the Statutory Body generally concerned with advising the government on all policy matters affecting women.
    • It was established on 31 January 1992 under the provisions of the Indian Constitution as defined in the National Commission for Women Act, 1990.
    • The first head of the commission was Jayanti Patnaik.
    • The Indian Constitution doesn’t contain any provision specifically made to favor women intrinsically.
    • Article 15 (3), Article 14 and Article 21 protect and safeguard women. They are more gender-neutral.

    Objectives

    • The objective of the NCW is to represent the rights of women in India and to provide a voice for their issues and concerns.
    • The subjects of their campaigns have included dowry, politics, religion, equal representation for women in jobs, and the exploitation of women for labor.
    • They have also discussed police abuses against women.

    Composition of the NCW

    The Commission shall consist of:

    • Chairperson: To be nominated by the Central Government.
    • Five Members: To be nominated by the Central Government from amongst persons of ability, integrity and standing who have had experience in law or legislation, trade unionism, management of an industry potential of women, women’s voluntary organizations (including women activists), administration, economic development, health, education or social welfare;
    • Special Representations: At least one Member each shall be from amongst persons belonging to the Scheduled Castes and Scheduled Tribes respectively;

    Powers of NCW

    • Provide consultation on all major policy matters that affect women.
    • Issuing summons for the examination of documents and the witnesses.
    • Requisitioning any public record or copy thereof from any court or office.
    • Receiving evidence on affidavits
    • Discovery and production of documents
    • Summoning and enforcement

    Functions of the NCW

    • Submission of Annual Reports: Table reports should be submitted to the Central Government every year, when deemed appropriate by the commission. These reports focus on the functioning and working of the safeguards.
    • Investigation and Examination: Proper investigation and examination are conducted under the Constitution and other laws, primarily aimed at protecting the rights of women.
    • Review and Scrutiny of Laws: Constant review and scrutiny of all laws are undertaken, with necessary amendments and alterations made to meet the needs of the current world.
    • Prevention of Violations: Ensuring there is no violation against women and taking due care of such cases to protect their rights.
    • Handling Complaints and Suo Motu Matters: Handling complaints and addressing suo motu matters about the deprivation of rights of women, with a focus on implementing laws favoring women’s welfare.
    • Assessment of Development and Progress: Assessing the development and progress of the women community at both the Center and State levels.
    • Identification and Mitigation of Systemic Limitations: Understanding the limitations in the system and devising strategic plans and mechanisms to address them effectively.

    Issues faced by NCW

    • Limited Enforcement Power: The NCW is only recommendatory and lacks the power to enforce its decisions, often taking action only when issues are brought to light.
    • Lack of Constitutional Status: The Commission lacks constitutional status, resulting in no legal powers to summon police officers or witnesses.
    • Dependency on Grants: NCW’s functions are heavily dependent on grants offered by the central government, with insufficient financial assistance to cater to its needs.
    • Limited Autonomy in Member Selection: The Commission does not have the power to choose its own members, impacting its autonomy and effectiveness.

    PYQ:

    Q.Is the National Commission for Women able to strategize and tackle the problems that women face at both public and private spheres? Give reasons in support of your answer. (2017)

     

    Q.According to the Constitution of India, it is the duty of the President of India to cause to be laid before the Parliament which of the following?

    1. The Recommendations of the Union Finance Commission
    2. The Report of the Public Accounts Committee
    3. The Report of the Comptroller and Auditor General
    4. The Report of the National Commission for the Scheduled Castes

    Select the correct answer the using the codes given below:

    1. 1 only
    2. 2 and 4 only
    3. 1, 3 and 4 only
    4. 1, 2, 3 and 4

    Practice MCQ:

    Which of the following does not constitute to the powers of National Commission for Women (NCW)?

    1. Issuing summons
    2. To make any record public
    3. Receiving evidence on affidavits
    4. Enforcing legal action against individuals

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  • Wildlife Conservation Efforts

    [pib] Establishment of International Big Cat Alliance (IBCA)

    PIBPrelims Only | Enviro & Biodiversity | Mains Paper 3: Conservation, Environmental Pollution & Degradation, Eia

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: International Big Cat Alliance (IBCA)

    Mains level: NA

    In the news

    • The Union Cabinet, chaired by Prime Minister, has approved the establishment of the International Big Cat Alliance (IBCA) with headquarters in India.

    About the International Big Cat Alliance (IBCA)

    • Objective: The IBCA aims to spearhead efforts towards the protection and conservation of the 7 major big cats: tiger, lion, leopard, snow leopard, puma, jaguar, and cheetah.
    • Funding: The Government of India has pledged an initial support of Rs. 150 crore for the first five years. Additionally, the alliance will explore contributions from bilateral and multilateral agencies, financial institutions, and donor agencies to augment its corpus.
    • Membership: Membership to the alliance will be open to 96 “range” countries, which are nations containing the natural habitat of the seven big cats.
    • Activities: The alliance’s activities will include advocacy, partnership building, knowledge dissemination through an e-portal, capacity building, eco-tourism promotion, and financial resource mobilization.

    Governance Structure

    • Composition: The governance structure of IBCA includes a General Assembly comprising all member countries, a Council of elected member countries, and a Secretariat.
    • Appointment: The General Assembly appoints the Secretary General of IBCA upon the recommendation of the Council.
    • Framework: The alliance’s governance framework, drafted on the lines of the International Solar Alliance (ISA), will be finalised by the International Steering Committee (ISC).

    India’s Role in Big Cat Conservation

    • Big Cat Diversity: India is home to five of the seven major big cats: tiger, lion, leopard, snow leopard, and cheetah.
    • Conservation Efforts: India has undertaken significant conservation efforts, as reflected in the increase in tiger and lion populations. For instance, India now hosts about 70% of the world’s tiger population, and the Asiatic lion population in Gir National Park has shown steady growth.
    • Cheetah Reintroduction: Cheetahs, once extinct in India since 1952, have been reintroduced into the wild. Eight cheetahs were imported from Namibia and released into the Kuno National Park in Madhya Pradesh in November 2022.

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  • Promoting Science and Technology – Missions,Policies & Schemes

    [pib] Sangam: Digital Twin Initiative

    PIBPrelims Only | Science Tech | Mains Paper 3: Awareness in various sc and tech fields

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Sangam: Digital Twin Initiative

    Mains level: Digital Twin Technology

    sangam

    Introduction

    • Department of Telecommunications (DoT) has introduced the ‘Sangam: Digital Twin’ initiative, inviting Expressions of Interest (EoI) from industry pioneers, startups, MSMEs, academia, innovators, and forward-thinkers.

    What is Digital Twin Technology?

    • A digital twin is a digital representation of a physical object, person, or process, contextualized in a digital version of its environment.
    • Digital twins can help an organization simulate real situations and their outcomes, ultimately allowing it to make better decisions.

    About Sangam: Digital Twin Initiative

    • Context: The initiative aligns with the technological advancements of the past decade in communication, computation, and sensing, in line with the vision for 2047.
    • Proof of Concept (PoC) in Two Stages: The initiative will be distributed in two stages, conducted in one of India’s major cities.
      1. First Stage: An exploratory phase focusing on clarifying horizons and creative exploration to unleash potential.
      2. Second Stage: A practical demonstration of specific use cases, generating a future blueprint for collaboration and scaling successful strategies in future infrastructure projects.
    • Objectives:
      1. Demonstrate practical implementation of innovative infrastructure planning solutions.
      2. Develop a model framework for facilitating faster and more effective collaboration.
      3. Provide a future blueprint for scaling and replicating successful strategies in future infrastructure projects.

    Features

    • Sangam: Digital Twin represents a collaborative leap towards reshaping infrastructure planning and design.
    • It integrates 5G, IoT, AI, AR/VR, AI native 6G, Digital Twin, and next-gen computational technologies, fostering collaboration among public entities, infrastructure planners, tech giants, startups, and academia.
    • Sangam brings all stakeholders together, aiming to translate innovative ideas into tangible solutions, bridging the gap between conceptualization and realization, and paving the way for groundbreaking infrastructure advancements.

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  • Artificial Intelligence (AI) Breakthrough

    [pib] Global Partnership on Artificial Intelligence (GPAI) Summit

    IOCRPIBPrelims Only | Science Tech | Mains Paper 3: Awareness in various sc and tech fields

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: GPAI

    Mains level: Read the attached story

    gpai

    Central Idea

    • The Global Partnership on Artificial Intelligence (GPAI) Summit began in New Delhi on December 12, inaugurated by Prime Minister.
    • India, along with 28 member countries, is working towards a consensus on a declaration document focusing on the proper use of AI, establishing guardrails for the technology, and its democratization.

    GPAI and India

    • Founding Member: India joined GPAI as a founding member in June 2020, aiming to bridge the gap between AI theory and practice.
    • International Collaboration: The initiative fosters collaboration among scientists, industry professionals, civil society, governments, international organizations, and academia.
    • Previous Summits: Prior GPAI summits were held in Montreal, Paris, and Tokyo.
    • India’s Stance: IT Minister highlighted India’s focus on sustainable agriculture and collaborative AI, building on the Digital Public Infrastructure (DPI) approach used in Aadhaar and UPI systems.

    Content of the Proposed Declaration

    • Themes and Focus: The declaration is expected to cover AI’s use in sustainable agriculture, healthcare, climate action, and building resilient societies.
    • Regulatory Aspects: It will align with past agreements and global ideas on AI regulation.
    • India’s Contribution: India’s emphasis is on evaluating AI in sustainable agriculture and promoting collaborative AI.

    Global Conversation on AI Regulation

    • EU’s AI Act: The European Union passed the AI Act, introducing safeguards and guardrails for AI use, especially in law enforcement, and setting up mechanisms for complaints against violations. It imposes strong restrictions on facial recognition and AI’s potential to manipulate human behavior.
    • AI Safety Summit in the UK: Major countries agreed on a declaration for global action to address AI risks, acknowledging the dangers of misuse, cybersecurity threats, biotechnology, and disinformation risks.
    • US Executive Order: The Biden Administration issued an order to safeguard against AI threats and oversee safety benchmarks for generative AI bots like ChatGPT and Google Bard.

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  • G20 : Economic Cooperation ahead

    Vasudhaiva Kutumbakam in G-20 Logo Sparks Protest

    PIB | History | Mains Paper 1: Arts & Culture

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Vasudhaiva Kutumbakam

    Mains level: NA

    Vasudhaiva Kutumbakam

    Central Idea

    • The inclusion of the Sanskrit term “Vasudhaiva Kutumbakam” (The world is one family) in the G-20 logo has sparked diplomatic discussions between India and China.
    • Reports surfaced suggesting that China objected to the use of non-UN languages like Sanskrit in G-20 texts being negotiated.

    Vasudhaiva Kutumbakam

    • The ancient Sanskrit phrase “Vasudhaiva Kutumbakam” encapsulates the idea of the world as one interconnected family.
    • Rooted in religious texts, this concept reverberates through history and has found resonance in modern times, impacting diplomatic exchanges and global events.

    अयं निजः परो वेति गणना लघुचेतसाम्।

    उदारचरितानां तु वसुधैव कुटुम्बकम्॥

    Meaning: Considerations like “he is mine or he is another’s” occur only to the narrow minded person. To the broad-minded person the whole world is a family.

    Origin and Meaning:

    • Sanskrit Phrase: “Vasudhaiva Kutumbakam” is composed of three words: Vasudha (Earth), Eva (Thus), and Kutumbakam (Family).
    • Moral Value: It is considered a profound moral value, reflecting interconnectedness and universal harmony.

    Historical Context:

    • Maha Upanishad Verse: The original verse appears in Maha Upanishad stressing unity among all beings and the world.
    • Engraved Symbolism: The verse is inscribed in the entrance hall of the Parliament of India, reflecting its importance in Indian society.
    • Embrace of Unity: The verse advocates embracing the world as a family, urging magnanimity and detachment.

    Interpretations and Influences

    • Spiritual Progress: Subsequent shlokas expand on the idea, stating that detachment leads to attaining the Brahman (Universal Spirit).
    • Influence in Hindu Literature: The Bhagavad Gita refers to “Vasudhaiva Kutumbakam” as the “Loftiest Vedantic Thought,” demonstrating its influence in Hindu philosophy.
    • Gandhian Connection: Dr. N. Radhakrishnan relates the concept to Gandhi’s holistic development vision and nonviolent conflict resolution.

    Modern Relevance

    • PM’s Reference: Prime Minister Modi invoked the phrase, highlighting its values of unity and cultural richness.
    • International Earth Science Olympiad: The phrase was used in the logo of the 7th International Earth Science Olympiad, emphasizing Earth’s interconnected systems.
    • India’s G20 Presidency: The theme and logo of India’s G20 Presidency included “Vasudhaiva Kutumbakam,” representing global unity.

    Diplomatic Controversy

    • China’s Opposition: China objected to the use of Sanskrit in G20 documents, asserting that it’s not an official UN language.
    • Logo Exclusion: Despite its significance, the phrase did not appear in official G20 documents due to China’s objections.

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  • Poverty Eradication – Definition, Debates, etc.

    [pib] National Multidimensional Poverty Index, 2023

    DOMRPIB | Governance | Mains Paper 2: Government Scheme/Policies

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: National Multidimensional Poverty Index, 2023

    Mains level: Not Much

    Central Idea

    • NITI Aayog released the report ‘National Multidimensional Poverty Index: A Progress Review 2023’.
    • The report highlighted a record 13.5 crore people have moved out of multidimensional poverty in India between 2015-16 and 2019-21.

    What is National Multidimensional Poverty Index (NMPI)?

    • NITI Aayog serves as the nodal ministry for the MPI.
    • It engages with publishing agencies such as Oxford Poverty and Human Development Initiative (OPHI) and the United Nations Development Programme (UNDP).
    • It uses the Alkire-Foster (AF) methodology.
    • The Baseline Report of MPI is based on the National Family Health Survey (NFHS) 4 conducted during 2015-16.

    Indicators used

    • The MPI considers three dimensions: health, education, and standard of living.
    • It includes indicators such as nutrition, child and adolescent mortality, maternal care, years of schooling, school attendance, cooking fuel, sanitation, drinking water, electricity, housing, bank accounts, and assets.

    Key findings of the report

    • Decline in Poverty: India has witnessed a substantial decline in multidimensional poverty, with a decrease of 9.89 percentage points from 24.85% in 2015-16 to 14.96% in 2019-21.
    • Progressiveness in rural areas: Rural areas experienced the fastest decline, from 32.59% to 19.28%, while urban areas saw a reduction from 8.65% to 5.27%.
    • Regional Progress: UP recorded the largest decline in the number of poor, with 3.43 crore people escaping multidimensional poverty. The states of UP, Bihar, Madhya Pradesh, Odisha, and Rajasthan showed the fastest reduction in the proportion of multidimensional poor.
    • Path towards SDG Targets: The report indicates that India is on track to achieve SDG Target 1.2, which aims to reduce multidimensional poverty by at least half by 2030.

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  • Higher Education – RUSA, NIRF, HEFA, etc.

    VAIBHAV Fellowship Program

    PIB | Governance | Mains Paper 2: Indian Diaspora

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: VAIBHAV Program

    Mains level: Various initiatives for Indian Diaspora

    vaibhav

    Central Idea: The Ministry of Science & Technology has launched the Vaishvik Bhartiya Vaigyanik (VAIBHAV) fellowships programme.

    VAIBHAV Program

    • The program aims to connect the Indian STEMM (Science, Technology, Engineering, Mathematics, and Medicine) diaspora with Indian academic and R&D institutions.
    • It promotes collaborative research work, knowledge sharing, and the exchange of best practices in frontier areas of science and technology.

    Implementation and Eligibility

    • Implementing Agency: Department of Science and Technology (DST), Ministry of Science and Technology.
    • Beneficiaries: outstanding scientists/technologists of Indian origin (NRI/OCI/PIO) engaged in research activities in their respective countries.
    • Benefits: Grant of INR 4,00,000 per month, international and domestic travel expenses, accommodation, and contingencies
    • Verticals identified: 75 fellows will be selected to work in 18 identified knowledge verticals, including quantum technology, health, pharma, electronics, agriculture, energy, computer sciences, and material sciences.
    • Collaborations: The VAIBHAV Fellow will collaborate with Indian Higher Educational Institutions (HEIs), universities, and/or public-funded scientific institutions.
    • R&D Activity: The fellow can spend up to 2 months per year, for a maximum of 3years, in an Indian institution.

    VAIBHAV Summit and Participation

    • The Government of India organized the VAIBHAV Summit to connect the Indian STEMM diaspora with Indian institutions.
    • The summit was inaugurated by the Hon’ble Prime Minister and saw the participation of over 25,000 attendees.
    • Indian STEMM diaspora from more than 70 countries took part in the deliberations.

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  • Minimum Support Prices for Agricultural Produce

    [pib] Price Support Scheme (PSS)

    PIB | Agriculture | Mains Paper 3: Issues Related To Farm Subsidies & Msp

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Price Support Scheme (PSS)

    Mains level: Read the attached story

    Central Idea

    • Procurement Ceilings for Pulses: The government has removed the procurement ceilings of 40% for tur, urad, and masur under the Price Support Scheme (PSS) operations for 2023-24.

    What is Price Support Scheme (PSS)?

    • Physical procurement: The Price Support Scheme (PSS) involves the physical procurement of pulses, oilseeds, and copra by Central Nodal Agencies.
    • Nodal Agencies: The National Agricultural Cooperative Marketing Federation of India (NAFED) and the Food Corporation of India (FCI) are the designated agencies responsible for procuring crops under the PSS.
    • Implementation: The scheme is implemented in collaboration with state governments, who exempt the procured commodities from mandi tax and provide logistical support, including gunny bags and working capital.

    Need for such scheme

    • Balancing farmer and consumer interests: The PSS strikes a balance between the welfare of farmers and consumers, ensuring fair returns for farmers and affordable prices for consumers.
    • Remunerative prices: The primary objectives of the PSS are to provide remunerative prices to farmers, encouraging increased investment and production, while ensuring affordable prices and availability for consumers.
    • Encouraging production: By offering a guaranteed price, the PSS incentivizes farmers to invest in agricultural production, leading to increased output and self-sufficiency.
    • Consumer welfare: The scheme aims to protect the interests of consumers by ensuring a stable supply of essential commodities at reasonable prices, reducing intermediation costs.
    • Market intervention: The PSS acts as a market intervention measure, stabilizing prices, and mitigating the risks faced by farmers due to market fluctuations and unforeseen circumstances.
    • Support for agricultural growth: The scheme is part of the government’s broader efforts to support agricultural growth, enhance farmer income, and promote food security in the country.

    Why in news?

    • Notified Essential commodities: On June 2, 2023, the government imposed stock limits on tur and urad by invoking the Essential Commodities Act, 1955.
    • Prevent hoarding: The imposition aims to prevent hoarding and unscrupulous speculation, as well as improve affordability for consumers.
    • Applicability and declaration: Stock limits are applicable to wholesalers, retailers, big chain retailers, millers, and importers, who are required to declare their stock position on the portal of the Department of Consumer Affairs.

    Enforcement of Stock Limits by State Governments:

    • Directives to state governments: The Department of Consumer Affairs has directed state governments to ensure strict enforcement of the stock limits in their respective states.
    • Monitoring and verification: States have been asked to monitor prices and verify the stock position by coordinating with various warehouse operators.
    • Cooperation from warehousing corporations: Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) have been requested to provide details of tur and urad stocks held in their warehouses.

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