Table of Content
- 3.1 Regional Disparity In Development
- 3.2 Middle Income Trap
- 3.3 Financial Inclusion And 10 Years of PMJDY
- 3.4 National Industrial Corridor Development Programme
- 3.5 Vadhvan Port
- 3.6 PM E-DRIVE Scheme
- 3.7 Voluntary Vehicle Modernization Program
- 3.8 Minerals Security Partnership Finance Network
- 3.9 Steel Sector in India
- 3.10 India's Dairy Cooperative Sector
- 3.11 News in Shorts
News in Shorts
Posted 17 Oct 2024
Updated 19 Oct 2024
5 min read
NPS Vatsalya Scheme
National Pension System Vatsalya (NPS Vatsalya) scheme, a pension scheme for minors, has been launched.
NPS Vatsalya Scheme
- Eligibility: All minor citizens (age below 18 years).
- On attaining the age of majority, plan can be converted seamlessly into a normal NPS account.
- Regulation and Administration: Pension Fund Regulatory and Development Authority (PFRDA).
- Objective: Promoting long-term financial planning and security, inculcate habit of savings and dignified life in old age.
- Subscriber Contribution:
- Minimum: Rs 1000/- per annum.
- Maximum: No limit.
- PFRDA will provide multiple investment choices to subscribers such as government securities, corporate debt, equity etc.
- Tags :
- PFRDA
- NPS
- NPS Vatsalya
New India Literacy Programme (NILP)
Ministry of Education (MoE) defined Literacy and Full Literacy under New India Literacy Programme (NILP).
To support adult education/literacy as emphasized in NEP 2020 and SDG 4.6 (ensuring all youth and adults achieve literacy and numeracy by 2030), it is essential to define both Literacy and Full Literacy.
- Literacy: Ability to read, write, and compute with comprehension, i.e. to identify, understand, interpret and create along with critical life skills like digital and financial literacy etc.
- Full Literacy (to be considered equivalent to 100% literacy): Achieving 95% literacy in a State/UT that may be considered as equivalent to fully literate.
About New India Literacy Programme (NILP)
- Also known as ULLAS (Understanding of Lifelong Learning for All in Society).
- Launched by MoE, it is a Centrally Sponsored Scheme.
- Tenure: FYs 2022-27 (5 years).
- Objective:
- Targets all non-literates of age 15 years and above, with more focus on females and educationally backward states.
- Target 5 crore learners (1.00 crore per year) by using “Online Teaching, Learning and Assessment System (OTLAS)” in collaboration with National Informatics Centre, NCERT and NIOS.
- Implemented through volunteer teachers, students of schools and Higher Education Institutions and Teacher Education Institution.
- It is in alignment with recommendations of NEP 2020.
- Need: Absolute number of non-literates in 15 years and above age group is 25.76 crore (Census 2011).
- Tags :
- NEP 2020
- Literacy Programme
- vocational Skills