14-15.05.23 Daily [Madhya Pradesh] MPPSC Current Affairs

Chief Minister Shivraj Singh Chouhan has said that our government is the government of farmers. Under the Leadership of Prime Minister Shri Modi, works for the welfare of farmers are being done in the whole country. The old government cheated the farmers in the name of loan waiver and made them defaulters.

They announced loan waiver of farmers in 10 days and waived only 6 thousand crore loan out of 48 thousand crore loan in 15 months. This was a big fraud with the farmers. A bundle of debt was brought on the heads of the farmers and they became defaulters. This stopped them from getting crop loans. Our government will pay the interest amount of each such farmer, so that they do not remain defaulters and they can get the benefit of crop loan scheme at zero percent interest.

Chouhan formally inaugurated the Chief Minister Farmer Interest Waiver Scheme-2023 in Sagar today. With this, the work of filling the application forms of the scheme has started in all the 4536 farmers’ primary of the state. Chief Minister Chouhan also personally filled the loan waiver forms of some farmers including Pancham Lal Patel and gave them interest waiver certificates. Farmer Mr. Panchmalal Patel’s interest amount of Rs. 8782 and Mr. Jugendra Chirar’s interest amount of Rs. 40 thousand 303 was waived. The interest amount of Panchamlal of Rs. 8782 and that of Jugrendra Chirar of Rs. 40 thousand 303 Rs. was waived.

Chouhan said that the short-term crop loans of farmers whose crops were damaged were converted into medium-term crop loans. The government is also getting the interest amount of such farmers waived. This amount is approximately Rs 2123 crore.

Chouhan said that our government has put an amount of Rs 2 lakh 31 thousand 322 crore in the accounts of farmers in the last 3 years under various schemes. In this, 94 thousand 394 crore rupees for crop procurement, 47 thousand 188 crore rupees for electricity supply subsidy for <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture, 15 thousand 541 crore rupees for Chief Minister Kisan Samman Nidhi, 7 thousand 963 crore rupees for Chief Minister Kisan-Kalyan Yojana, 4 This includes Rs. 82 crore for crop compensation, Rs. 115 crore for subsidy on solar pumps and Rs. 4375 crore for agricultural Infrastructure development.

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has informed that aGreen Hydrogen policywould be formulated to promote the use of green hydrogen and establish the state as a leading hub for its production. Resources, including ample sunlight, water, and wind, make the state an ideal location for generating green hydrogen. The primary objective of the Green Hydrogen Policy is to attract investments in large-scale renewable energy projects, ensuring a consistent and sustainable supply of green electricity for electrolysis.

The chief minister stated that the government is actively encouraging young entrepreneurs to invest in the state and the new green energy policy will include various provisions to facilitate their participation.

By giving leverage to the natural advantages, the state aims to create a favorable Environment for the production of green hydrogen.

Mumbaihas moved up to the sixth rank among 46 global cities in terms of annual price Growth of high-end residential properties, with an appreciation of 5.5%, according to a report by real estate consultantKnight Frank India.

The report, titled Prime Global Cities Index Q1 2023, notes that Bengaluru and New Delhi have also registered an increase in Average annual prices in the first quarter of 2023.

ThePrime Global Cities Indexis a valuation-based index tracking the movement of prime residential prices across 46 cities worldwide, tracking nominal prices in local currency.Dubaiclinched the top position globally in terms of the increase of 44.2% in prime residential properties values.

The formation and promotion ofFarmer Producer Organizations (FPOs)has gained significant attention in recent years, as it holds immense potential to transform the agricultural landscape. FPOs are essentially collective entities formed by farmers, enabling them to join forces, pool Resources, and enhance their bargaining power. Under the central scheme titled Formation and Promotion of 10,000 FPOs, the government has allocated 1,100 FPOs to theNational Cooperative Development Corporation (NCDC)to bolster the cooperative sector and provide comprehensive support to small farmers.

FPOs serve as a platform for farmers to come together, share knowledge and experiences, and collectively address common challenges. These organizations offer end-to-end Services that encompass various aspects of cultivation, including inputs, technical support, processing, and Marketing. By leveraging economies of scale, FPOs help small producers access better prices, reduce transaction costs, and enhance overall productivity.

TheAsian Investment Bank (AIIB)has recently signed an agreement to create its first Interim Operational Hub inAbu Dhabi Global Market, marking its initial foray into establishing an overseas office. AIIB is a multilateral Development Bank that focuses on financing infrastructure projects that prioritize sustainability. As the host country for COP28 later this year, theUAEhas emphasized the importance of Climate finance, a key concern for nations as they strive to increase their efforts and commitments towards climate action.

The AIIB has established its first Interim Operational Hub in Abu Dhabi Global Market, which will serve as its initial overseas office.

The office will have a strategic location in theMiddle East and the world, and will support the Banks development agenda by financing infrastructure projects that prioritize sustainable economic Growth, particularly in areas where it is most needed.