Source: PMI Subject: Government Scheme Context: The Union Cabinet has approved the launch of the Urban Challenge Fund (UCF) with ₹1 lakh crore Central assistance to drive market-led urban transformation. About Urban Challenge Fund (UCF): What it is? The Urban Challenge Fund (UCF) is a Centrally Sponsored Scheme designed to support transformative and bankable urban …
Source: PIB Context: The Union Minister of Consumer Affairs, Food, and Public Distribution, launched the Credit Guarantee Scheme for e-NWR based Pledge Financing (CGS-NPF). About Credit Guarantee Scheme for e-NWR (Negotiable warehouse receipt): Launched in: December 2024. Ministry: Ministry of Consumer Affairs, Food, and Public Distribution. Aim: To provide credit guarantee for loans availed against …
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Source: PIB Context: The Ministry of Fisheries, Animal Husbandry, and Dairying has launched the “Credit Guarantee Scheme” under the Animal Husbandry Infrastructure Development Fund (AHIDF) to support the rural economy by leveraging Micro, Small & Medium Enterprises (MSMEs) in the Livestock sector. What is Credit Guarantee Fund? The Credit Guarantee Fund is a …
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GS Paper 3 Syllabus: Agriculture and related issues Source: DTE Context: ITC Limited has helped form 78 farmer-producer companies (FPC) between November 2022 and February 2023. FPC: It is a hybrid between cooperative societies and private limited companies, registered under the Companies Act 2013, owned and operated by farmers. It is a type …
