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About Mega Food Park Scheme (MFP): It aims to provide a framework for linking agricultural production to the market by bringing producers, processors and distributors together. By doing so it aims to maximize value addition, minimize wastage, increase farmer’s income and create employment opportunitRead more
The process of purchasing goods, services or works from the private sector by the public sector (Government or state owned bodies) is known as Public procurement. More about Public Procurement: Its also a basic, vital part of democratic governance, poverty reduction and sustainable development. TheRead more
About Credit Risk Fund: The ninth largest in the nation, Franklin Templeton Mutual Fund, has planned to liquidate six yield-oriented controlled credit funds, one of which is a credit risk fund. Credit risk funds are debt funds which play on the high-risk-high-reward principle. Although corporations'Read more
Voluntary Retention Route (VRR): RBI introduced a separate channel, the ‘Voluntary Retention Route’ in 2019 to enable FPIs to invest in debt markets in India. Investments through VRR are free from macro-prudential and other regulatory prescriptions applicable to FPI investments in debt markets, proRead more
Groundwater overuse or overexploitation is defined as a situation in which, over a period of time, average extraction rate from aquifers is greater than the average recharge rate. Groundwater is a critical resource in India, accounting for over 65% of irrigation water and 85% of drinking water supplRead more
The Indian National Congress is a political party in India. On December 28, 1885, it was established in Bombay, where it held its first session. Annie Besant, Subhash Chandra Bose, Mahatma Gandhi, Jawaharlal Nehru, Indira Gandhi, K. Kamaraj, P. V. Narasimha Rao, Sonia Gandhi and Rahul Gandhi are proRead more