{"id":29714,"date":"2024-09-19T19:21:36","date_gmt":"2024-09-19T13:51:36","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=29714"},"modified":"2024-09-19T19:21:38","modified_gmt":"2024-09-19T13:51:38","slug":"news-in-short-19-09-2024","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/19-09-2024\/news-in-short-19-09-2024","title":{"rendered":"News In Short-19-09-2024"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>NPS Vatsalya Scheme<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/Financial Inclusion<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Finance Minister has launched the <strong>NPS Vatsalya scheme.<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Introduced in the <strong>Union Budget 2024-25<\/strong>, NPS Vatsalya is a new initiative under the <strong>National Pension System<\/strong> designed for <strong>long-term investments by parents and guardians on behalf of their minor children.<\/strong><\/li>\n\n\n\n<li>It is a <strong>centrally sponsored scheme <\/strong>launched by the <strong>Ministry of Women and Child Development.<\/strong><\/li>\n\n\n\n<li>The <strong>Pension Fund Regulatory and Development Authority (PFRDA)<\/strong> manages the scheme.<\/li>\n\n\n\n<li><strong>Key attributes of the Vatsalya NPS account:<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Eligibility criteria:<\/strong> Any minor, having PAN card and Aadhar card, who is under the age of 18 is eligible.<\/li>\n\n\n\n<li><strong>Minimum contribution:<\/strong> A minimum of Rs 1,000 per year can be contributed with no limit on maximum contribution.<\/li>\n\n\n\n<li><strong>Contributors to the scheme: <\/strong>Parents\/guardians can contribute on behalf of their children.<\/li>\n\n\n\n<li><strong>Transition after the age of 18:<\/strong> The minor&#8217;s NPS account will transition to a standard NPS account, post the submission of required KYC documents.<\/li>\n\n\n\n<li><strong>Partial withdrawals allowed after 3 years<\/strong> for education, health, and disability up to 25% of corpus<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/economictimes.indiatimes.com\/wealth\/invest\/nps-vatsalya-your-child-can-get-more-than-rs-10-crore-on-retirement-if-you-put-rs-10000-a-year-till-he-is-18-how-to-invest-in-nps-vatsalya\/articleshow\/113481724.cms?from=mdr\" target=\"_blank\" rel=\"noopener\"><strong>ET<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>National Centre of Excellence for AVGC-XR<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/Infrastructure<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Union Cabinet cleared the proposal of establishing the <strong>National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR) in Mumbai.<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The Federation of Indian Chambers of Commerce &amp; Industry and the Confederation of Indian Industry <\/strong>will be partners with the Government for this project.<\/li>\n\n\n\n<li>Tentatively named the <strong>Indian Institute for Immersive Creators (IIIC)<\/strong>, this hub is set to transform the AVGC sector and drive innovation in immersive technologies.\u00a0<\/li>\n\n\n\n<li>The IIIC is designed to be a premier institution offering <strong>state-of-the-art infrastructure and technology<\/strong>.\n<ul class=\"wp-block-list\">\n<li>The centre will provide<strong> specialised training in immersive technologies, <\/strong>including Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), and 3D modelling and animation.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Significance:<\/strong> The centre aims to <strong>generate around 5 lakh jobs.<\/strong>\n<ul class=\"wp-block-list\">\n<li>By offering world-class infrastructure and specialised skills, the NCoE will build a strong talent pool and create significant opportunities for employment and innovation.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/india\/cabinet-clears-centre-of-excellence-for-animation-visual-effects-gaming-9575248\/\" target=\"_blank\" rel=\"noopener\"><strong>IE<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Pradhan Mantri Annadata Aay SanraksHan Abhiyan\u00a0 (PM-AASHA)<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/ Agriculture<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Union Cabinet has approved the continuation of schemes of Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The total financial outgo will be<strong> Rs. 35,000 crore <\/strong>during 15th Finance Commission Cycle up to 2025-26.<\/li>\n\n\n\n<li>The Government has converged the Price Support Scheme (PSS) &amp; <strong>Price Stabilization Fund (PSF)<\/strong> schemes in PM AASHA to serve the farmers and consumers more efficiently.<\/li>\n\n\n\n<li>PM-AASHA will now have the components of <strong>Price Support scheme (PSS) ,Price Stabilization Fund (PSF) , Price Deficiency Payment Scheme (PDPS) <\/strong>and<strong> Market Intervention Scheme (MIS).<\/strong><\/li>\n\n\n\n<li>The extension of <strong>Price Stabilization Fund (PSF) <\/strong>scheme will help in protecting consumers from extreme volatility in prices of agri-horticultural commodities by maintaining strategic buffer stock of pulses and onion for calibrated release; to discourage hoarding, unscrupulous speculation; and for supplies to consumers at affordable prices.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-background\" style=\"background-color:#fff2cc\"><tbody><tr><td><strong>PM-AASHA Scheme<\/strong><br>&#8211; The scheme is an umbrella scheme to ensure Minimum Support Price (MSP) to farmers.<br>&#8211; It comprises the erstwhile <strong>Price Support Scheme (PSS)<\/strong> with certain modifications and rolling out of new schemes of <strong>Price Deficiency Payment Scheme (PDPS)<\/strong> and pilot of <strong>Private Procurement and Stockist Scheme (PPSS).<\/strong><br>&#8211; Under PM-AASHA, States\/UTs are offered to choose either PSS and PDPS in a given procurement season with respect to particular oilseeds crop for the entire State.\u00a0<br>&#8211; Further, states have the option to roll out PPSS on pilot basis in district\/selected APMCs of district involving the participation of private stockists for oilseeds.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2055991\" target=\"_blank\" rel=\"noopener\"><strong>PIB<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Greater one-horned Rhino<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/ Species In News<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In News<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The International Rhino Foundation (IRF) published its <strong>\u2018State of the Rhino\u2019 repor<\/strong>t, highlighting positive developments for the <strong>Greater One-Horned Rhino.<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The population has <strong>increased by 20% over the past decade<\/strong>, now exceeding 4,000 rhinos.<\/li>\n\n\n\n<li>Conservation efforts have led to better management of rhino habitats and the creation of wildlife corridors, ensuring safer movement and protection for the species.<\/li>\n\n\n\n<li>This growth reflects successful conservation programs and habitat restoration efforts across rhino habitats, particularly in India and Nepal.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Greater one-horned rhino<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Habitat: <\/strong>The<strong> <\/strong>grasslands and wetlands located in the foothills of the Himalayas and the Brahmaputra and Ganges valley.\n<ul class=\"wp-block-list\">\n<li>The Great one horned rhino is commonly found in India, Nepal, and Bhutan.<\/li>\n\n\n\n<li>In India they are found in <strong>Kaziranga National Park<\/strong> and <strong>Manas National Park<\/strong> in Assam, <strong>Pobitora reserve forest in Assam<\/strong> (having the highest Indian rhino density in the world), <strong>Orang National park<\/strong> of Assam, <strong>Laokhowa reserve forest<\/strong> of Assam and <strong>Royal Chitwan National Park<\/strong> in Nepal.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Protection Status:<\/strong>\n<ul class=\"wp-block-list\">\n<li>IUCN Status: Vulnerable<\/li>\n\n\n\n<li>Schedule I of WildLife Protection Act<\/li>\n\n\n\n<li>CITES Appendix I<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-dominant-color=\"6b7c63\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"507\" height=\"302\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/09\/Greater-one-horned-Rhino-jpg.webp\" alt=\"Greater one-horned Rhino\" class=\"not-transparent wp-image-29715\" style=\"--dominant-color: #6b7c63; width:381px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/09\/Greater-one-horned-Rhino-jpg.webp 507w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/09\/Greater-one-horned-Rhino-300x179.webp 300w\" sizes=\"auto, (max-width: 507px) 100vw, 507px\" \/><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Finance Minister has launched the NPS Vatsalya scheme.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-29714","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/29714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=29714"}],"version-history":[{"count":1,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/29714\/revisions"}],"predecessor-version":[{"id":29716,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/29714\/revisions\/29716"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=29714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=29714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=29714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}