Multi State Cooperative Societies (MSCS) Act, 2002: Although Cooperatives is a state subject, there are many societies such as those for sugar and milk, banks, milk unions etc whose members and areas of operation are spread across more than one state.
The MSCS Act was passed to govern such cooperatives. Their board of directors has representation from all states they operate in.
Administrative and financial control of these societies is with the central registrar, with the law making it clear that no state government official can wield any control on them.
Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY): The Cabinet led by Hon’ble Prime Minister Shri Narendra Modi had approved new integrated food security scheme for providing free food grains to Antodaya Ann Yojna (AAY) & Primary Household (PHH) beneficiaries, to be rolled out from 1st January 2023.
The New scheme has been named as Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY). The scheme will benefit more than 80 crore poor and poorest of poor people.
The integrated scheme will strengthen the provisions of NFSA, 2013 in terms of accessibility, affordability and availability of food grains for the poor.
National Payments Corporation of India (NPCI): NPCI, an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.
It has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1956 with an intention to provide infrastructure to the entire Banking system in India for physical as well as electronic payment and settlement systems. The Company is focused on bringing innovations in the retail payment systems through the use of technology.
Bio Energy Summit 2023: Minister of Petroleum and Natural Gas & Housing and Urban Affairss will address the 11th edition of Confederation of Indian Industry’s flagship event “Bio Energy Summit 2023” in New Delhi. The Summit with the theme “Energy Transition- Solution for a Sustainable Tomorrow”, will provide an opportunity for Innovators and a way forward for Clean & Green Energy Solutions for future. The summit will also dwell upon the relevance of biofuel in the overall sustainability agenda.
CII Bio Energy Summit 2023 will be focusing on compressed biogas, ethanol, financing, and waste to biofuels besides ministerial sessions.
Confederation Of Indian Industry (CII): It is a non-government, not-for-profit, industry-led and industry-managed organization.
It was founded in 1895,its headquarters is in New Delhi.
It works to create and sustain an environment conducive to the development of India, partnering industry, Government and civil society, through advisory and consultative processes.
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