Daily Current Affairs 25 November 2024 – IAS Current Affairs
Current Affairs 25 November 2024 focuses on the Prelims-Mains perspective. Major events are :
Mukhyamantri Ladki Bahin Yojana
Source: Yojanasite
GS II: Government Scheme
Overview
- News in Brief
- About the scheme
Why in the News?
In the recent Maharashtra election, the scheme was at the centre part of the campaign.
News in Brief
- Women moved to the centre stage of the Maharashtra Assembly elections with the ruling Mahayuti trying to woo them with direct benefit transfer schemes.
- Mahayuti had already implemented the much-discussed Mukhyamantri Ladki Bahin Yojana (Chief Minister Beloved Sisters Scheme).
About Mukhyamantri Ladki Bahin Yojana
- The scheme was launched in Maharashtra.
- It was launched as a part of budget 2024-25.
- The scheme aimed to provide financial assistance and empowerment to women in the state.
- The fund will be transferred as a direct benefits transfer through the bank account within a few weeks of their applications being approved.
What are the benefits of the scheme?
- Women who are eligible under the scheme will receive 1500 rupees every month.
- Annually three LPG cylinders will be provided.
- Economically weaker section girls and other backward classes girls will receive fee waivers for college higher education admissions.
Eligibility criteria
- Women between the ages of 18 to 60 years.
- They are the resident of Maharashtra.
- The annual income of a family should be less than 2.5 Lakh.
- None of the family members should pay income tax.
- No family member should be a government employee.
- She must not receive any other financial assistance from the government for the same purpose.
PM-Vidyalaxmi Scheme
Source: PIB
GS II: Government Schemes
Overview
- News in Brief
- About PM-Vidyalaxmi Scheme
- National Institutional Ranking Framework (NIRF)
Why in the News?
Cabinet approves PM-Vidyalaxmi scheme to provide financial support to meritorious students.
News in Brief
- The scheme will help those who have financial constraints that prevent any youth of India from pursuing quality higher education.
- PM Vidyalaxmi is another key initiative stemming out of the National Education Policy, 2020.
- Financial assistance should be made available to meritorious students through various measures in both public and private HEIs.
About PM-Vidyalaxmi Scheme
- Under the PM Vidyalaxmi scheme, any student who gets admission in quality Higher Education Institutions (QHEIs) will be eligible to get collateral-free, guarantor-free loans from banks and financial institutions.
- It will cover the full amount of tuition fees and other expenses related to the course.
- The scheme will be administered through a simple, transparent and student-friendly system that will be inter-operable and entirely digital.
Eligible Educational Institutions
- To begin start with 860 qualifying Quality Higher Education Institutions (QHEIs).
- Applicable to the top-quality higher educational institutions of the nation
- As determined by the NIRF rankings.
- This includes all HEIs, government and private, that are ranked within the top 100 in National Institutional Ranking Framework (NIRF) in overall, category-specific and domain-specific rankings; state government HEIs ranked 101-200 in NIRF and all central government-governed institutions.
- This list will be updated every year using the latest NIRF ranking.
- For loan amounts up to ₹ 7.5 lakhs, the student will also be eligible for a credit guarantee of 75% of outstanding default.
Interest Subvention
- students having an annual family income of up to ₹ 8 lakhs, and not eligible for benefits under any other government scholarship or interest subvention schemes, 3 percent interest subvention for loan up to ₹ 10 lakhs will also be provided during moratorium period.
- The interest subvention support will be given to one lakh students every year.
- Preference will be given to students who are from government institutions and have opted for technical/ professional courses.
- Funding and Beneficiaries
- An outlay of ₹ 3,600 Crore has been made during 2024-25 to 2030-31.
- 7 lakh fresh students are expected to get the benefit of this interest subvention during the period.
National Institutional Ranking Framework (NIRF)
- Approved by the MHRD and launched by Minister of Human Resource Development on 29th September 2015.
- Purpose: This framework outlines a methodology to rank institutions across the country.
- The methodology draws from the overall recommendations broad understanding arrived at by a Core Committee set up by MHRD.
- The parameters broadly cover
- Teaching, Learning and Resources
- Research and Professional Practices
- Graduation Outcomes
- Outreach and Inclusivity
- Perception
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