A pilot project of the scheme has been launched for 2024-25 with a target of providing 1.25 lakh internships.
Key Features:
Criteria for Companies: For offering internships, the top 500 companies have been selected based on their average expenditure on Corporate Social Responsibility (CSR) over the last three years.
Other companies can participate in the scheme with approval from the Ministry.
The internship duration must be for 12 months.
At least half of this must be spent in actual working experience/job environment.
SC Upholds Provision on Citizenship for Migrants From Bangladesh to Assam
With a 4:1 majority, the Supreme Court upheld the provision of the Citizenship Act, 1955 providing a separate citizenship criterion for migrants from Bangladesh to Assam.
Key Highlights of Judgement:
The Court ruled that Parliament has the competence to pass any law on citizenship.
This competence extends to legislating the provision in question.
This scheme aims to provide nutritional and financial support to TB patients to reduce mortality due to TB.
Financial support for each TB patient will be increased from Rs 500 to Rs 1,000 per month.
The scheme will also provide energy-dense nutritional supplements to underweight TB patients for the first two months of treatment.
Family members of TB patients will also receive nutritional support which will be aimed at improving their immunity.
Guidelines for Innovative Projects Under PMSurya Ghar Yojana Notified
The Ministry of New and Renewable Energy notified the guidelines for the implementation of innovative projects under PM Surya Ghar Yojana.
The scheme aims to increase the share of solar rooftop capacity and empower residential households to generate their own electricity.
Rs 500 crore has been allocated for innovative projects under the scheme to encourage advancements in rooftop solar technologies and fund innovations in business models.
The scheme is open to entities and individuals including international co-operation for joint research.
Projects under the scheme can have a maximum duration of 18 months.
The selected projects will receive financial assistance of up to 60% of their total cost or Rs 30 crore, whichever is lower.
The MPC decided to change its stance to neutral from its earlier disinflationary stance.
It also decided to remain focused on keeping inflation in line with the target of 4% while supporting growth.
Cabinet Approves Rationalisation of Schemes For Sustainable Agriculture And Food Security
The Union Cabinet approved the rationalisation of all existing centrally sponsored schemes under the Ministry of Agriculture and Farmers Welfare into two umbrella schemes:
Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY): The PM-RKVY will be implemented with an outlay of Rs 57,075 crore to promote sustainable agriculture.
Krishonnati Yojana: The Krishonnati Yojana will be targeted at achieving food security for self-sufficiency with a proposed outlay of Rs 44,247 crore.
The Mission will be implemented with a proposed allocation of Rs 10,103 crore between 2024-25 to 2030-31.
The mission aims to increase the production of primary oilseed crops from 39 million tonnes in 2022-23 to 70 million tonnes by 2030-31.
These include rapeseed mustard, Groundnut, Soybean, Sunflower, and Sesamum. Domestic edible oil production in 2023- 24 is estimated to be 12 million tonnes.
Cabinet Approves Continuation of Supply of Free Fortified Rice Under PMGKAY
In May 2023, CEA had notified NEP (Volume-I Generation).
CEA is required to formulate a National Electricity Plan once in five years under the Electricity Act, 2003.
Key Features of the Plan:
Current Capacity and Target: The NEP plans to add 1,91,474 km of transmission lines during 2022-32 (at voltage levels of 220 kV and above).
Target for 2017-22 not met: The Plan noted that target capacity addition for 2017-2022 could not be achieved due to reasons such as the Covid-19 pandemic and delay in getting forest clearance.
Renewable Target: The Plan noted that the installed electricity generation capacity from renewable energy sources was 193.5 GW as of May 31, 2024.
The NEP provides a plan for installing a transmission system associated with a renewable energy capacity of 613 GW by 2032.
Science and Technology
Cabinet Approves Rs 1,000 Crore Funding For Space-Based Startups
The Union Cabinet approved the setting up of a Rs 1,000 crore venture capital fund to support space-based startups.