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DAILY PIB 12TH NOVEMBER 2022

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    DAILY PIB 12TH NOVEMBER 2022

    • Indian Renewable Energy Development Agency(IREDA): IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987. IREDA’s corporate and registered office housed in New Delhi. The Agency, a Mini Ratna (Category– I) Government of India Enterprise is under the administrative control of Ministry of New and Renewable Energy (MNRE). It is engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: “ENERGY FOR EVER”.

     

    • 3rd Ministerial Conference on Countering Financing of Terrorism: Ministry of Home Affairs,  is organising the 3rd Ministerial ‘No Money for Terror’ Conference in New Delhi. The hosting of this conference shows the importance being given by the Modi Government to the issue of international terrorism as well as its zero tolerance policy against this menace and having discussions on this issue in the international community.It also intends to include discussions on technical, legal, regulatory and cooperation aspects of all facets of terrorism financing.

     

    • Paper Import Monitoring System(PIMS): The Directorate General of Foreign Trade (DGFT), has introduced Paper Import Monitoring System (PIMS) by amending the import policy of major paper products from ‘Free’ to ‘Free subject to compulsory registration under PIMS’. The PIMS shall be applicable on import by a Domestic Territory Area unit on a wide range of paper products such as newsprint, handmade paper, coated paper, uncoated paper,  tissue paper, toilet paper, cartons, etc.However, paper products like currency paper, bank bond and Cheque paper, security printing paper, etc. have been excluded from mandatory registration. PIMS shall also be required at the point of import by a Unit in Special Economic Zone.

     

    • The International Rice Research Institute (IRRI): It is an international agricultural research and training organization known for its work in developing rice varieties that contributed to the Green Revolution in the 1960s.

             Aim: The Institute, established in 1960 aims to reduce poverty and hunger, improve the health of rice farmers and consumers, and     ensure environmental sustainability of rice farming.

    IRRI has successfully collaborated with Indian Council for Agricultural Research (ICAR) to introduce drought- tolerant, flood-tolerant and salt-tolerant varieties of rice in India.

     

    • Pradhan Mantri Fasal Bima Yojana: It replaced National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS). It was launched in 2016.

             Coverage: All food & oilseed crops and annual commercial/horticultural crops for which past yield data is available.

             Premium: The prescribed premium is 2% to be paid by farmers for all Kharif crops and 1.5% for all rabi crops. In the case of annual commercial and horticultural crops, the premium is 5%.

             Objectives: To provide insurance coverage and financial support to the farmers in the event of failure. To stabilise the income of farmers. To adopt innovative and modern agricultural practices.

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