Recent Posts
National Quantum Mission (NQM)
The National Quantum Mission, launched in April 2023 with a budget of ₹6,003.65 crore, aims to establish India as a global leader in quantum technology. Spanning 2023-31, it focuses on advancements in quantum computing, communication, sensing, and materials to address critical scientific and industrial challenges.
Trends and Progress of Housing in India 2024
The “Trends and Progress of Housing in India 2024” report, released by the National Housing Bank, highlights a 14% growth in outstanding housing loans reaching ₹33.53 lakh crore by September 2024. It emphasizes regional disparities in credit flow, housing technologies like 3D printing, and sustainable practices, while showcasing government initiatives such as PMAY-G and PMAY-U to strengthen the housing sector.
Agriculture Infrastructure Fund (AIF)
The Agriculture Infrastructure Fund (AIF), launched in 2020, is a ₹1 lakh crore initiative aimed at developing post-harvest infrastructure and community farming assets. With a tenure from 2020 to 2030, it supports farmers, FPOs, SHGs, and agri-entrepreneurs to enhance value addition, reduce wastage, and improve rural incomes.
Honey Mission
The Honey Mission, launched in 2017 by the Khadi and Village Industries Commission (KVIC), promotes beekeeping and honey production under the Sweet Revolution. It aims to increase rural incomes, enhance crop productivity through pollination, and make India a global leader in honey production.
Lakhpati Didi Initiative
The Lakhpati Didi Initiative under the Deendayal Antyodaya Yojana-NRLM empowers rural women by helping them achieve an annual income of ₹1 lakh. Announced on August 15, 2023, it aims to create 3 crore Lakhpati Didis by 2025, focusing on diversified livelihoods, SHG support, and entrepreneurship, significantly boosting rural economies.
Association of Southeast Asian Nations (ASEAN)
The Association of Southeast Asian Nations (ASEAN), established on 8th August 1967, is a regional organization promoting economic growth, peace, and stability among its 10 member states, with a combined GDP exceeding $3.6 trillion USD and a population of over 680 million. It plays a significant geopolitical role and has initiatives like the ASEAN Economic Community (AEC) and ASEAN Vision 2025 for regional integration and development.
Cabinet Committee on Economic Affairs (CCEA)
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister, is responsible for formulating economic policies, approving major investments, and overseeing public-private partnerships. Key initiatives include the Production Linked Incentive (PLI) scheme, infrastructure development projects, and reforms to boost FDI and ease of doing business.
Competition Commission of India (CCI)
The Competition Commission of India (CCI), established in 2003 and operational since 2009, functions as India’s apex body to ensure fair competition and prevent anti-competitive practices under the Competition Act, 2002. With a Chairperson and six Members, CCI safeguards consumer interests, regulates mergers, and advocates for healthy market dynamics.
ICC Champions Trophy
The ICC Champions Trophy, first held in 1998, is a prestigious cricket tournament featuring top-ranked teams in a condensed format. India, the 2025 champions, defeated New Zealand in the final, led by Rohit Sharma’s stellar performance. With its legacy of fierce rivalries and memorable records, it remains a focal event in international cricket.
Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)
The Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) was launched in 2008 to provide quality generic medicines at affordable prices. The scheme has established over 13,800 Janaushadhi Kendras across India, offering medicines up to 80% cheaper than branded alternatives, significantly reducing healthcare costs for the public.