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Kisan Vikas Patra – Frequently asked Questions.

1) What is Kisan Vikas Patra (KVP)? When was it launched? Kisan Vikas Patra (KVP) is a small savings scheme launched by the India Post. It is mainly targeted at sections of society and farmers who have limited means or access to financial investment options or those looking beyond National Savings Certificate (NSC) and Public Provident Fund (PPF). It was first launched in 1988 and was discontinued in 2011 by the previous government to prevent misuse of the scheme for purposes like money laundering. It was then reintroduced in 2014 by the current government to utilize the generated revenue for various schemes entitled for the farmers. 2) Who is eligible to invest in the scheme? The KVP scheme can be purchased by an Indian adult in his/her own name, or on behalf of a minor; a trust; and two ...

Sovereign Gold Bond Scheme / Frequently Asked Questions

1) What is Sovereign Gold Bond (SGB)? Who issues the bond? Sovereign Gold Bonds (SGB) are government securities issued in grams of gold to investors on payment of cash. They are a substitute for physical bonds. They are issued by the Reserve Bank of India (RBI) on behalf of the Government of India. 2) Who is eligible to invest in SGBs? Resident Indians as defined under Foreign Exchange Management Act, 1999 are eligible to invest in SGBs. Eligible investors include individuals, Hindu Undivided Family (HUF), trusts, universities, charitable institutions, etc. 3) What are the benefits of investing in SGBs rather than physical gold? The quantity of gold for which the investor pays is protected, since he/she receives the ongoing market price during bond maturity or premature withdrawal. Unlike ...

Green Energy Corridor / Frequently Asked Questions

1) What is Green Energy Corridor? Who initiated it? Green Energy Corridor is a project for facilitating the integration of renewable energy into the national grid network. The project will help in evacuation of power from renewable energy projects to the load centres by creating inter- and intra-state transmission infrastructure. The intrastate network will feed the renewable energy to the respective state grids. The transmission corridors of the interstate network will connect major renewable energy pockets with the national grid. The project was commissioned in 2013 by the Ministry of New & Renewable Energy. 2) Who is responsible for implementing the Green Energy Corridor projects? The project has been divided into inter- and intra-state levels for its implementation. The inter-state...

DigiLocker / Frequently Asked Questions

1) What is DigiLocker? DigiLocker is a cloud-based platform for issuance, verification and storage of documents and certificates in a digital manner. It is one of the key initiatives launched under Digital India programme to move towards the idea of paperless governance in the country. 2) What are the eligibility criteria for availing the DigiLocker account? DigiLocker is a national services provided to all Indian residents provided they have an Aadhaar Card at their disposal. Individuals will also need their mobile number which is linked to their Aadhaar Card number. If the mobile number is not linked yet, it can be updated with Aadhaar by visiting any UIDAI centre. Please find one near by searching the centre here: https://appointments.uidai.gov.in/. 3) What are the some of the key featu...

Jan Aushadhi Scheme / Frequently Asked Questions

1) What is Jan Aushadhi Scheme (JAS) and why was it launched? JAS is a direct market intervention scheme of the Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India. It was launched in 2008 with an aim to make available quality generic medicines at affordable prices to all the citizens (particularly the poor and disadvantaged) through dedicated sales outlets which will be opened in each district of all the States/UTs. 2) Who is the implementing agency of the scheme? Bureau of Pharma PSUs of India (BPPI) is the implementing agency of the scheme. BPPI was established under the Department of Pharmaceuticals with support of all the Pharma PSUs for coordinating procurement, supply and marketing of generic medicines through Jan Aushadhi stores. 3) What are ...

Smart City Mission / Frequently Asked Questions

1) What is the Smart City Mission? When was it launched? Smart City Mission is an ambitious urban development initiative undertaken under the Ministry of Urban Development which aims to facilitate urban planning and reforms, improve governance, develop the infrastructural ecosystem and improve the quality of life in 109 of India’s fast growing cities. It was launched in 2015 as flagship initiative of the Government of India. 2) Why was the Smart City Mission launched? Smart City Mission was launched in order to tackle the rapid urbanization in India which poses huge challenges to the cities requiring comprehensive development of infrastructure and services. As such, urban areas are expected to house 40 % of India’s population and contribute to 75% of the country’s GDP. 3) What are the obje...

National Optical Fibre Network / Frequently Asked Questions

What is National Optical Fibre Network (NOFN)? National Optical Fibre Network (NOFN) is a pan-India connectivity project to provide high speed broadband connectivity to over 2.5 lakh Gram Panchayats and thereby digitally link 600 million rural citizens of the country. How will the project provide broadband connectivity to 2.5 lakh Gram Panchayats? The project will utilize the existing optical fibre network of Central Utilities (BSNL, RailTel and Power Grid) and lay new incremental optical fibre cable to extend it to the Gram Panchayats. How much incremental fibre is to be laid out as part of NOFN? NOFN will lay out an estimated incremental optical fibre network of 2.4 km per Gram Panchayat. Thus, a total of 6 lakh kms of OFC are likely to be laid under NOFN. What is the cost of the project...

Pradhan Mantri Ujjwala Yojana / Frequently Asked Questions

What is Pradhan Mantri Ujjwala Yojana (PMUY)? PM Ujjwala Yojana is a social welfare scheme which provides free LPG connections to the women from below the poverty line (BPL) households. Under the scheme, 5 Crore LPG connections will be given to BPL households over a period of 3 years. Who launched the scheme and why was it launched? In India, a considerable portion of rural poor households still utilize polluting fuels such as firewood, coal and cow-dung. Burning these fuels in kitchens not only cause air pollution, risking the lives of women and other household members to diseases such as heart diseases, stroke, chronic obstructive pulmonary disease, lung cancer and respiratory disorders. In order to address this challenge, PMUY was launched in May 2016 by the Ministry of Petroleum & ...

Green Highways Policy FAQs

What is Green Highways Policy? Who promulgated it? Green Highways Policy is a project for developing green corridors along developed and upcoming National Highways through plantation, transplantation, beautification, landscaping and maintenance activities. The Green Highways Policy was unveiled by the Ministry of Road Transport % Highways (MoRTH) on 29th September, 2015. Why was the Green Highways Policy launched in India? Development of Highways leads to clearance of forests and felling of trees which in turn causes wide scale environment degradation in the form of biodiversity loss and release of carbon stocked in trees. The situation is made worse with the incessant flow of vehicles on these highways contributing further in release of greenhouse gases and other suspended particulate mat...

Jeevan Pramaan | Frequently Asked Questions

What is Jeevan Pramaan? Who launched it? Jeevan Pramaan is a digital service for providing computer generated life certificate for pensioners of Central Government, State Governments, Defense Personnel or any other Government organization. The certificate is produced for individual pensioners using his biometric credentials. It was launched on 10th November 2014 by by National Informatics Centre, Department of Information Technology, Ministry of Communications and Information Technology, Government of India. How is this different from traditional Life Certificate issued by Government Offices/Agencies? For obtaining digital life certificate, pensioners now do not have to present themselves every month in front of Pension Disbursing Agencies such as banks or post offices. They do not have to...

Rashtriya Arogya Nidhi |Faq

What is Rashtriya Arogya Nidhi (RAN)? The Rashtriya Arogya Nidhi (RAN) is a centrally sponsored scheme that provides for financial assistance to patients, who belong to BPL households and are suffering from major life-threatening diseases, to receive medical treatment at any of the super-specialty Government hospitals/institutes or other government hospitals. Who is eligible to avail financial assistance under RAN? Only patients from families below the poverty line suffering from specified life-threatening diseases are eligible. Under what circumstances financial assistance under RAN is not allowed? Financial assistance under RAN is not allowed under the following circumstances:  No grant is released to patients seeking treatment at private hospitals. Central & State Government employe...

Ganga Gram Yojana | frequently asked Questions

What is Ganga Gram Yojana? Ganga Gram Yojana is a programme launched by the Ministry of Water Resources, River Development and Ganga Rejuvenation. The programme focuses on rural sanitation, development of water bodies and river ghats, construction/modernization of crematoriums in 1600 villages located along the main stem of river Ganga. Why was the scheme launched? Millions of Indians depend on the river Ganga for their livelihood and other basic needs. However, the river is plagued with pollution threats due to organic waste, sewage, industrial waste, garbage, plastic, human corpses and animal carcasses. Hence, as part of the Namami Gange Programme, Ganga Gram Yojana seeks to control pollution flowing into the river Ganga by conserving and rejuvenating the river. When was the scheme launc...

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2016-17. www.IndiaHub.com

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