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  • Pradhan Mantri Vaya Vandana Yojana
    Pradhan Mantri Vaya Vandana Yojana (PMVVY) scheme provides social security cover to those aged 60 and above through an assured sum of pension every month. The scheme was launched in 2017 by the Government of India to provide an 8% pension to senior citizens against the lump sum amount deposited by an individual. The scheme is operated by the Life Insurance Corporation of India. It caters to the needs of post-retirement planning.
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  • AePS
    Aadhaar-enabled payment system (AePS) developed by National Payment Corporation of India (NPCI) aims to facilitate financial transactions through the Aadhaar number.

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  • PMSMA scheme
    Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA) was launched by the Ministry of Health and Family Welfare in 2016 to help pregnant women get comprehensive and quality Antenatal Care (ANC) free of cost.

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  • PM-WANI scheme
    Prime Minister’s WiFi Access Network Interface (PM-WANI) was launched by the Department of Telecommunication in December 2020. The scheme aims to enhance the proliferation of public WiFi hotspots to create robust digital communications infrastructure in the country, especially in rural areas.
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  • Vostro account

    To help facilitate trade in rupees with Russia, India approved nine banks to open “Vostro” accounts. 


    Vostro account, the Latin for “your account”, is an account that a correspondent bank holds on behalf of another, often foreign, bank. 

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  • GM Mustard
    In October 2022, the Genetic Engineering Appraisal Committee (GEAC) recommended the environmental release of the genetically-modified (GM) mustard (Brassica juncea) variety DMH (Dhara Mustard Hybrid)-11 for the development of new generation hybrids, paving the way for the commercialisation of the country’s first GM food crop. The GEAC said that the commercial use of DMH-11 hybrids will be subject to the Seed Act, 1966, and related rules and regulations.

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  • One Nation One Fertiliser scheme
    On October 17, 2022, Prime Minister Narendra Modi launched a new subsidy scheme known as Pradhan Mantri Bhartiya Janurvarak Pariyojna (PMBJP) as part of the concept of the 'One Nation One Fertiliser' (ONOF).
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  • Lok Adalat
    Lok Adalat is one of the alternative dispute redressal mechanisms in India. It is a forum where disputes/cases pending in the court of law or at pre-litigation stage are settled/compromised amicably. The Lok Adalat has been given statutory status under the Legal Services Authorities Act, 1987. National Legal Services Authority (NALSA) and other legal service institutions conduct Lok Adalat.

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  • Draft Telecommunications Bill
    The Department of Telecommunication (DoT) released the draft of the Indian Telecommunication Bill 2022 on September 22, 2022. The Bill seeks to replace three laws: the Indian Telegraph Act, 1885, the Indian Wireless Telegraphy Act, 1933 and the Telegraph Wires (Unlawful Possession) Act, 1950.

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  • National Logistics Policy
    Prime Minister Narendra Modi on September 17 launched the National Logistics Policy, (NLP) in New Delhi. The project aims to promote seamless movement of goods across the country, while also improving the competitiveness of Indian goods in both domestic and global markets. It also aims to enhance economic growth and increase employment opportunities.
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