Surya Financial Infotech

  Trump's continued US-China polarization also risks exacerbating geopolitical divisions in the region, increasing risks of disruption to the global supply of semiconductors, Moody's said India and ASEAN economies would benefit from a Trump presidency, Moody’s Ratings said on November 8. “In the Asia-Pacific region, trade and investment flows might be further diverted away from China as the US tightens investments in strategic sectors, which would negatively affect China's economy and consequently dampen regional growth,” the ratings agency noted. Moody's, however, opined that this is likely to benefit India and ASEAN economies. “Continued US-China polarization also risks exacerbating geopolitical divisions in the region, increasing risks of disruption to the global supply of semiconductors,” it further said. Donald Trump trounced Kamala Harris on November 6 in the US Presidential election, winning the popular vote and the electoral college. “Trump's proposed trade ...

  Doubling the Farmers’ Incomes by 2022 Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). The scheme aims to provide a payment of Rs. 6,000 per year, in three 4-monthly installments of Rs. 2,000 to the farmers families Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY) for providing old age pension to these farmers. Under this Scheme, a minimum fixed pension of Rs. 3,000 will be provided to the eligible small and marginal farmers, on attaining the age of 60 years. Government has approved the increase in the Minimum Support Price (MSPs) for all Kharif & Rabi crops for 2018-19 season, at a level of at least 150 percent of the cost of production. “Per drop more crop” initiative under which drip/sprinkler irrigation is being encouraged for optimal utilization of water, reducing cost of inputs and increasing productivity “Paramparagat Krishi Vikas Yojana (PKVY)” launched for promoting organic farming. Launch of e-NAM initiative to provide farmers an electronic transparent and competitive on...

  Power Supply To Rural India Program Government of India has launched the scheme  “Deendayal Upadhyaya Gram Jyoti Yojana”  for rural electrification to provide continuous power supply to rural India in 2015. The erstwhile Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) scheme for village electrification and providing electricity distribution infrastructure in the rural areas has been subsumed in the DDUGJY. Rural Electrification Corporation is the Nodal Agency for implementation of the DDUGJY. Under the scheme, 60% of the project cost (85% in the case of special states) is provided as grant by GOI and additional grant up to 15% (5% in the case of special category states) is provided on achievement of prescribed milestones. The International Energy Agency (IEA),  2018 has acknowledged that India’s move to energize every village in the country with electricity is one of the greatest success stories in the world in 2018. Development Of Dryland Farming A centrally spon...

  Hill Areas Development Program (HADP): The basic objective of this program was to bring about socio-economic development of the hills and the people living there. Desert Development Program (DDP): It was launched with an aim to with the aim of: Controlling further desertification of the desert areas Mitigating the adverse effects of drought in the areas Restoring the ecological balance Raising productivity of land and water resources in these areas.

  Programs For Development Of Backward Areas Drought Prone Areas Program (DPAP): The DPAP was launched by the Government, as an integrated area development program in the year 1973, in arid and semi-arid areas having poor natural resources. Drought prone areas had degraded environment and suffered from soil erosion, water and moisture stress. The main thrust of this program was directed towards restoration of ecological balance by focusing on: Development and management of water resources, Soil and moisture conservation measure, Afforestation, D evelopment of pasture lands, livestock development, and D evelopment of subsidiary occupations.

  Shyama Prasad Mukherji Rurban Mission (SPMRM) Government has launched the Shyama Prasad Mukherji Rurban Mission (SPMRM), in September 2015, aimed at strengthening rural areas by provisioning of economic, social and physical infrastructure facilities. The Mission aims at development of 300 Rurban clusters, in the next 5 years. The Objectives are: Bridge the rural urban divide- economic, technological and those related to facilities and services. Spreading development in the region. Attracting investments in the rural areas. Stimulating local economic development with emphasis on reduction of poverty and unemployment in rural areas. A  ‘Rurban cluster’,  would be a cluster of geographically contiguous villages with a population of about 25,000 to 50,000 in plain and coastal areas and a population of 5,000 to 15,000 in desert, hilly or tribal areas.

  Pradhan Mantri Yuva Yojana The  Pradhan Mantri Yuva Udyamita Vikas Abhiyan (YUVA),  launched in November, 2016, aims at creating an enabling eco-system, for entrepreneurship promotion among youth, through entrepreneurship education and training, advocacy, easy access to entrepreneurship support network and promotion of social entrepreneurship. The specific objectives of the scheme are to Educate and equip potential and early-stage entrepreneurs Connect entrepreneurs through networks of peers, mentors, incubators, funding and business services Support entrepreneurs through Entrepreneurship Hubs (E-Hubs) Catalyze a culture shift to support aspiring entrepreneurs. The Scheme is being implemented in partnership with both public and private stakeholders.