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How Vadodara corporation plans to raise money via municipal bonds

Municipal BondsApprox Read Time: 4 min In News: The Vadodara Municipal Corporation (VMC) is expected to launch municipal bonds in January, 2021.VMC will become the third Urban Local Body (ULB) in Gujarat to use this method to raise money to fund development work sanctioned under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT).Ahmedabad was the first city in south Asia to launch a municipal bond of Rs 100 crore in 1998. Surat…


Govt readies 3D printing policy for local firms to join new global market

3D printing policy in IndiaApprox Read Time: 4 min 3D printing policy in India In News: 3D printing policy in India The Ministry of Electronics and Information Technology (MeitY) will soon come up with a policy aimed at promoting 3D printing on an industrial scale. Objectives of the policy: The policy will help to develop an ecosystem for design, development and deployment of 3D printing in the country.It will look to encourage market leaders…


Government caps school bag’s weight at 10% of kid’s

Policy on School Bag 2020Approx Read Time: 5 min In News: The Ministry of Education recently released the Policy on School Bag 2020.The Policy includes various recommendations based on surveys and studies conducted by the National Council of Educational Research and Training (NCERT).The survey collected data from 3,624 students and 2,992 parents from 352 schools, which include Kendriya Vidyalayas and state government schools. Issues related to the weight of the…


Cabinet OKs Rs 23,000 Cr. outlay for EPFO contribution scheme

EPFO contribution schemeApprox Read Time: 5 min EPFO contribution scheme In News: EPFO contribution scheme The Union Cabinet has given its approval for the Atmanirbhar Bharat Rojgar Yojana (ABRY), and approved an outlay of Rs 22,810 crore to the scheme.The scheme was announced by the Finance Minister in November to boost employment. News Summary: The Union Cabinet has given its approval for the Atmanirbhar Bharat Rojgar Yojana (ABRY), and approved…


Editorial Analysis: The APMC Conundrum

APMC Act - Analysing the conundrumApprox Read Time: 5 min Agriculture marketing under APMC acts: It is important to first understand how the agricultural marketing system has functioned for many decades.APMCs with monopoly over market areas:Under the Agricultural Produce Marketing Committee (APMC) Act, each state divides its entire area into several market areas with each area managed by an APMC.The state government appoints the APMC and commission agents (“arhtiyas”) and wholesalers…


Who are the Tharu tribals of the UP terai whose home and land the govt wants to open to tourists

Tharu Tribals of UP teraiApprox Read Time: 4 min Tharu Tribals of UP terai In News: The Uttar Pradesh government is working on a scheme to take the unique culture of its ethnic Tharu tribe across the world. News Summary: Tharus are the biggest tribe in the state of Uttar Pradesh (UP).Recently, the UP government also launched a "Tharu Arts and Crafts Complex" in Dudhwa, Lakhimpur district with a museum…


Petroleum board’s new unified tariff structure – its impact and challenges in implementation

Petroleum board’s new Unified Tariff Structure Petroleum board’s new Unified Tariff Structure In News: The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified a unified tariff structure for 14 natural gas pipelines.The move is aligned with the government’s emphasis on boosting the consumption of natural gas in the country.The government is aiming to boost the consumption of natural gas which currently accounts for 6.2% of India’s energy consumption to 15% by 2030. Existing tariff…


Editorial Analysis: Answering farmers’ knock

Farm bill 2020Approx Read Time: 5 min Farm bill 2020 Farmers' protests against the recent farm laws: Farm bill 2020 Farmers are protesting against the recently enacted farm laws by converging on Delhi’s highways connected to neighbouring states.The agitation is primarily led by Punjab farmers, although some other groups have also joined.Due to misinformation:This is because of political parties and some activists launching a massive misinformation against these laws.They led…