2 February 2019

●Pradhan Mantri Shram-Yogi Maandhan Yojana;-
↪This scheme shall provide an assured monthly pension of Rs 3,000 from the age of 60 years [Joining at the age of 29 years will have to contribute only Rs 100 per month (₹55 if at 18yr)till the age of 60 years.]
•It is a scheme for the unorganised sector workers with monthly income upto Rs 15,000.
●New panel for welfare of nomadic communities;-
↪committee will be set up under NITI Aayog to complete the task of identifying de-notified, nomadic and semi-nomadic communities.
•Denotified Nomadic and Semi-Nomadic Tribes ↪are poorest of the poor, most marginalised and most downtrodden communities who are subject to social stigma, atrocity and exclusion [After India gained Independence, these tribes were ‘de-notified’ from the list of Criminal Tribes]
●Transparency International;-
↪Is an international non-governmental organization based in Berlin, Germany.
Founded in 1993 by a group of individuals who decided to take up a stance against corruption.
↪It conducted a survey to analyse the best practices followed by the states in the Budget Formulation
●INSTEX – Instrument In Support Of Trade Exchanges;-
↪It is a payment mechanism being setup by the European Union to secure trade with Iran and skirt US sanctions after Washington pulled out of the landmark nuclear deal last May
↪INSTEX will allow trade between the EU and Iran without relying on direct financial transactions
●Intermediate-Range Nuclear Forces (INF) Treaty-1987;-↪Treaty required US & Soviet Union to eliminate & permanently forswear all of their nuclear & conventional ground-launched ballistic/ cruise missiles with ranges of 500 to 5,500 KM
•D Trump has announced that he would “terminate” the INF Treaty [US Report that Russia is in violation of its INF Treaty obligations]
●Prompt Corrective Action (PCA);-
↪RBI has issued PCA framework to maintain sound financial health of banks. 
↪It facilitates banks in breach of risk thresholds for identified areas of monitoring(capital, asset quality etc.)
• It can even cap a bank’s lending limit to one entity or sector
●Pradhan Mantri Kisan Samman Nidhi;-
↪Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of Rs. 6,000 per year
↪income support will be transferred directly into the bank accounts of beneficiary farmers, in three equal installments of Rs. 2,000 each

●New e-commerce policy comes into effect;-
↪All online retailers will be required to maintain a level playing field for all the vendors selling their products on the platform, and it shall not affect the sale prices of goods in any manner
↪ e-commerce retailer shall be deemed to own the inventory of a vendor if over 25 per cent of the purchases of such a vendor are through it.
●Rashtriya Gokul Mission;-
↪objective is to get native breeds to produce more milk, be more fecund, and to raise the quality of Indian cows and bulls to eventually outdo Jerseys and Holsteins
•FM Piyush Goyal announced the allotment of ₹750 crore to the Rashtriya Gokul Mission (RGM){earlier was around ₹350Cr}
●Guru Padmasambhava;-
↪An international conference about the life and legacy of 8th century Buddhist sage Guru Padmasambhava is being held in New Delhi.
•conference also celebrates the 50 years of diplomatic relations between India and Bhutan
•Thangka paintings, sculptures and photographs portray the life and teachings of the Guru
●Interim Budget 2019 proposed a 10-point vision for 2030
↪Digital India.
↪Pollution free nation 
↪Space programme – Gaganyaan
↪Healthy India – Ayushman Bharat Scheme.
↪Minimum Government Maximum Governance. etc.

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