Rapid Fire
Rapid Fire Current Affairs
- 09 Jan 2023
- 3 min read
Kerala to Provide Pension to MGNREGS Workers
In a first of its kind initiative, the Kerala govt. has launched a welfare fund board for the workers registered for the MGNREGS and Kerala govt.’s Ayyankali Urban Employment Guarantee Scheme. They will receive a monthly pension from the board once they turn 60.
As per the norm, any worker (age 18-55) can take membership in the fund board. They have to pay a monthly premium amount (₹50 tentatively fixed) until the age of 55 and a member who has paid the contribution for at least 10 years will be eligible for pension. Apart from the workers’ monthly contribution, the govt. will also make an equivalent contribution towards the fund (which may be revised triannually).
Read More - MGNREGS
'Saharsh' Scheme for Social and Emotional Learning
The state govt. of Tripura, in an effort to encourage social and emotional learning, introduced a special education programme - ‘Saharsh’. Launched in pilot mode in Aug 2022 in 40 schools, now it will be extended to all govt. and aided schools of the state. It aimed at empowering children to learn with happiness. Tripura currently ranks in the Grade-I category in the Performance Grading Index.
Read More - Performance Grading Index
First Advance Estimates of GDP
The National Statistical Office (NSO), recently released the first advance estimates (FAEs) of national income (GDP) according to which the Indian economy is expected to grow at 7% in FY 22-23 (up from 6.8% projected by MPC).
The economy grew by 9.7% in the first half of FY 22-23 which is likely to slow down to 4.5 % in the second half. India will still be one of the fastest-growing economies in the world.
The FAE, first introduced in 2016-17, are the “first” official estimates of how GDP is expected to grow in that FY. FAEs provide some sense of underlying momentum in economic activities and are useful in the context of the upcoming Union Budget.
Read More - First Advance Estimates for GDP
