The Union Government has extended the PM-Kisan Samman Nidhi income-support scheme for four more years, sanctioning an outlay of ₹3.15 lakh crore. The Centre said it has already transferred more than ₹4.47 lakh crore directly into farmers' bank accounts across 23 instalments since the scheme was launched in February 2019, sustaining direct benefit transfer to eligible landholding farmer families.
The Government has approved the introduction of one billion polymer banknotes in the denominations of ₹10 and ₹20. Officials said the Reserve Bank of India has informed that the procurement process for the polymer notes is presently at an initial stage. The move marks India’s first formal step toward circulating plastic-substrate currency alongside existing paper notes.
The HinduThe Union Cabinet has approved the GOBARdhan scheme with an outlay of ₹23,371 crore to accelerate growth of the compressed biogas (CBG) sector. The scheme aspires to raise domestic CBG production ten-fold and to mobilise large-scale private investment in the sector, supporting waste-to-energy and clean-fuel goals under the government’s bio-energy push.
The HinduThe Union Cabinet has approved ₹84,084 crore for an offshore exploration scheme named ‘Samudra Manthan’. Of this, ₹43,200 crore has been allocated for drilling 60 deepwater exploration wells. The scheme aims to boost India’s domestic hydrocarbon exploration in offshore and deepwater blocks, reducing import dependence and expanding upstream energy capacity.
The HinduThe Government has rolled out a voluntary foreign asset disclosure scheme aimed at small taxpayers. Under it, a taxpayer will pay a 30% tax on the value of the declared undisclosed foreign asset or income, plus an additional amount equal to that tax, effectively taking the total levy to 60% of the declared value. The window lets small taxpayers regularise overseas holdings.
The HinduThe last seven days as one sheet — grouped by syllabus area, every figure worth memorising, and a quiz across the whole week.
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