Kautilya

FM Announces ₹Rs 1.70 Lakh Crore Relief Package under PMGKY for the Poor

The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus. While addressing the press conference here today, Smt. Sitharaman said “Today’s measures are intended at reaching out to the poorest of the poor, with food and money in hands, so that they do not face difficulties in buying essential supplies and meeting essential needs.”

Leveraging Data Science To Improve Agronomy

There is a great opportunity to leverage data science technologies to analyze the agriculture landscape, grain demand, explore past data, gain insights and define formal models that may be used by farmers to make decisions about crop selection, soil management and planning logistics.

Cabinet Approves Recapitalization of Regional Rural Banks

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for continuation of the process of recapitalization of Regional Rural Banks (RRBs) by providing minimum regulatory capital to RRBs for another year beyond 2019-20, that is, up to 2020-21 for those RRBs which are unable to maintain minimum Capital to Risk weighted Assets Ratio (CRAR) of 9%, as per the regulatory norms prescribed by the Reserve Bank of India.