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The document outlines various government initiatives in India, including the Atal Innovation Mission, National Gopal Ratna Award, PAN 2.0 Project, and National Mission on Natural Farming, aimed at promoting innovation, recognizing contributions in livestock, enhancing taxpayer services, and encouraging natural farming practices. It also discusses India's trade deficit, emphasizing that it reflects strengths in services and investment rather than manufacturing weaknesses. Key features of these initiatives include financial support, awards for dairy farmers, technology-driven transformations, and training programs for natural farming.

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sai kumar
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4 views

27_nov[1]

The document outlines various government initiatives in India, including the Atal Innovation Mission, National Gopal Ratna Award, PAN 2.0 Project, and National Mission on Natural Farming, aimed at promoting innovation, recognizing contributions in livestock, enhancing taxpayer services, and encouraging natural farming practices. It also discusses India's trade deficit, emphasizing that it reflects strengths in services and investment rather than manufacturing weaknesses. Key features of these initiatives include financial support, awards for dairy farmers, technology-driven transformations, and training programs for natural farming.

Uploaded by

sai kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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What we will be covering?

 Atal Innovation Mission


 National Gopal Ratna Award
 PAN 2.0 Project
 National Mission on Natural Farming
 Why India’s trade deficit is not necessarily a weakness
Recent Context

• The rhino is primarily a grazer.


Its diet consists almost entirely of grasses, but it
also eats leaves, branches, fruit, and aquatic
plants.
• Conservation Status:
• IUCN Red List: Vulnerable
The Union Cabinet recently approved the continuation of its flagship Atal
Innovation Mission (AIM), under NITI Aayog, with an allocation of ₹2,750
crore until March 31, 2028.
Recent Context

• About Atal Innovation Mission (AIM):

• AIM is a flagship initiative set up by the NITI Aayog in


2016 with an objective to create and encourage an
environment of innovation and entrepreneurship across
schools, educational organisations, research institutes, and
industries, including MSMEs.

• AIM has two functions:

• Promote entrepreneurship by encouraging innovators to become


entrepreneurs through financial support as well
as mentorship.

• Promote innovation by creating a platform where ideas are


generated through like-minded individuals.
• AIM has created four programs to support these functions:

• Atal Tinkering Labs

• Atal Incubation Centres

• Atal New India Challenges and Atal Grand Challenges

• Mentor India

• Apart from these programs, AIM also seeks and collaborates


with academia, industries, NGOs, and individuals to enable
an atmosphere of innovation.

• All the initiatives of AIM are currently monitored and


managed systematically using real-time MIS systems and
dynamic dashboards.
Recently, the Department of Animal Husbandry and Dairying (DAHD) declared the
winners of the National Gopal Ratna Awards (NGRA) for the year 2024.
• About National Gopal Ratna Award:

• It is one of the highest honors in the field of livestock


and dairy sector.

• These awards will be given on the occasion of National


Milk Day celebrations.

• Objective

• The awards are conferred with an objective to recognize


and encourage all individuals like Farmers rearing
indigenous animals, AI Technicians and Dairy cooperative
societies / Milk Producer Company / Dairy farmers
Producers Organizations working in the sector of animal
husbandry and dairying.
• The Award is conferred in three categories, namely,

• Best Dairy Farmer Rearing Indigenous Cattle/buffalo


Breeds,

• Best Artificial Insemination Technician (AIT) and

• Best Dairy Cooperative/ Milk Producer Company/ Dairy


Farmer Producer Organization.

• From this year onwards, the Department has incorporated


a Special award for North Eastern Region (NER) States, in
all the three categories under National Gopal Ratna
Awards, so as to encourage and boost the dairy development
activities in NER.
Recent Context

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister
has given its approval for the PAN 2.0 Project.
• About PAN 2.0 Project:

• It is an e-Governance project for re-engineering the


business processes of taxpayer registration services
through technology driven transformation of PAN/TAN
services for enhanced digital experience of the taxpayers.

• This will be an upgrade of the current PAN/TAN 1.0 eco-


system consolidating the core and non-core PAN/TAN
activities as well as PAN validation service.

• It is a project of the Income Tax Department.

• The PAN 2.0 Project enables technology driven


transformation of Taxpayer registration services and has
significant benefits including:
• Ease of access and speedy service delivery with improved
quality;

• Single Source of Truth and data consistency

• Eco-friendly processes and cost optimization; and

• Security and optimization of infrastructure for greater


agility.

• The PAN 2.0 Project resonates with the vision of the


Government enshrined in Digital India by enabling the use
of PAN as Common Identifier for all digital systems of
specified government agencies.
• What is a Permanent Account Number (PAN)?

• A PAN is an alphanumeric identifier consisting of ten


characters, issued by the Income Tax Department.

• It is provided to any "person" upon application or


allocated directly by the department without a formal
request.

• The Income Tax Department utilises PAN to monitor and


connect all transactions associated with an individual.
This includes various activities such as tax payments,
TDS/TCS credits, income returns, specific transactions,
and official communications.
Recent Context

Recently, the Union Cabinet chaired by the Prime Minister of India


approved the launching of the National Mission on Natural Farming
(NMNF).
• About National Mission on Natural Farming:

• It is a Centrally Sponsored Scheme under the Ministry of


Agriculture & Farmers' Welfare.

• It has been launched to promote natural farming in mission


mode across the country as a standalone scheme.

• It aims at promoting natural farming practices for


providing safe & nutritious food for all.

• It is designed to support farmers to reduce input cost of


cultivation and dependency to externally purchased inputs.
• Features

• In the next two years, NMNF will be implemented in 15,000


clusters in Gram Panchayats, which are willing, & reach 1
crore farmers and initiate Natural Farming (NF) in 7.5 lakh
Ha area.

• Preference will be given to areas having prevalence of


practising natural farming farmers, SRLM / PACS / FPOs,
etc.

• Further, need-based 10,000 Bio-input Resource


Centres (BRCs) will be set-up to provide easy availability
and accessibility to ready-to-use natural farming inputs
for farmers.

• Under NMNF, around 2000 NF Model Demonstration Farms shall


• The willing farmers will be trained in Model Demonstration
Farms on the natural farming package of practices, preparation
of natural farming inputs, etc. near their villages in KVKs,
Agricultural Universities and practising natural
farming farmers’ fields.

• 75 lakh trained willing farmers will prepare inputs like


Jeevamrit, Beejamrit, etc. by using their livestock or procure
from BRCs. 30,000 Krishi Sakhis/ CRPs will be deployed
for awareness generation, mobilisation and handholding of
willing farmers in the clusters.

• Farmers will be provided with an easy simple certification


system and dedicated common branding to provide access to
market their natural farming produce. Real time geo-tagged &
referenced monitoring of NMNF implementation shall be done
• Convergence with existing schemes and support structures of
Government of India/ State Governments/ National &
International Organisations shall be explored for enhancing
local livestock population, development of NF Model
Demonstration Farms at Central Cattle Breeding Farms/ Regional
Fodder Stations, provide market linkages at district/ block/
GP levels through convergence for local farmers’ markets, APMC
(Agricultural Produce Market Committee) Mandis, Haats, Depots,
etc.

• Additionally, students will be engaged in NMNF through the


RAWE program and dedicated Undergraduate, Postgraduate &
Diploma courses on NF.

• Funding: The scheme has a total outlay of Rs.2481


crore (Government of India share – Rs.1584 crore; State share
Recent Context

India's persistent trade deficit, where imports exceed exports, does not
signify weak manufacturing but highlights its relative strengths in
services and its appeal as an investment destination.
• Link Between Capital Inflows and Current Account Deficit

• Current account deficit (CAD)

• A current account deficit occurs when a country imports


more goods and services than it exports, making it a
net importer overall.

• India's CAD widened marginally to $ 9.7 billion (1.1%


of GDP) in Q1:2024-25 from $8.9 billion (1.0% of GDP)
in Q1:2023-24.

• Foreign investment and current account deficit are two


sides of the same coin

• Countries attracting investment through net capital


account inflows must either run a current account
• This happens because, in economic terms, the total
amount of money flowing in and out of the country must
balance out.

• If money is coming in through foreign investment, there


needs to be an equivalent outflow to maintain the
balance.

• If not through reserves, the outflow happens through


buying goods and services from other countries
(imports).

• This relationship is a mathematical certainty, where:


Capital Inflows = Current Account Deficit + Increase in
Reserves.

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