Expected Questions on Schemes and Projects – 2018 - Ministry of Commerce and Industry (Download PDF)

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In this article we will discuss the schemes by Ministry of Commerce and Industry. The schemes discussed are: National Standards strategy Paper, Merchandise Export from India Scheme (MEIS), Revenue Insurance Scheme for Plantation Crops (RISPC), Start –Up India Scheme.

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IAS Prelims 2018 GS Paper 1 - Expected Questions on Schemes and Yojanas (Part 2) (In - English)

Dr. Manishika Jain discusses IAS Prelims GS Paper 1 - Expected Questions on important Schemes and Policies Part- 2

National Standards Strategy Paper

  • 👌Commerce Ministry is planning to bring out a five - year ‘National Standards Strategy Paper’.

  • To weed out substandard products from the domestic market and boost India’s exports of high quality goods.

  • Help in increasing the exports.

  • Help prevent flooding of domestic market with unsafe/sub - standard imports.

  • Fulfil the vision of ’zero defect, zero effect (meaning, environment - friendly) ’ and ‘Make in India’ campaigns.

Merchandise Export from India Scheme (MEIS)

  • Scheme under Foreign Trade Policy of India (FTP 2015 - 20).

  • One of the two schemes introduced in Foreign Trade Policy of India 2015 - 20.

  • Major export promotion scheme of GOI implemented by the Ministry of Commerce and Industry.

  • Objective:

    • To offset infrastructural inefficiencies

    • Enhance India’s export competitiveness

  • Incentives under MEIS are available to units located in SEZs also.

Revenue Insurance Scheme for Plantation Crops (RISPC)

  • Improved form of price stabilization Fund (PSF) scheme.

  • 👌Scheme is compulsory for growers registered with the respective Commodity Boards (CBs).

  • Implemented on pilot basis in 7 states.

  • Launched for protecting growers of plantation crops from:

    • Twin risks of yield loss due to pest attacks

    • Adverse weather parameters etc.

  • Income loss caused by fall in domestic and international prices.

Start –Up India Scheme

  • Aims at fostering entrepreneurship

  • Promoting innovation by creating an ecosystem that is conducive for growth of Start – ups.

  • Startup is an entity, head quartered in India, opened less than five years ago and annual turnover less than 25 crore.

  • 👌Start - up profits to be tax - free for 3 years.

  • 👌Easy exit policy for start - ups with 90 days.

  • Aim: Promote entrepreneurship among SCs/STs, women communities.

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IAS Prelims 2018 GS Paper 1 - Expected Questions on Schemes and Yojanas (Part 2) (In - Hindi)

Dr. Manishika Jain discusses IAS Prelims GS Paper 1 - Expected Questions on important Schemes and Policies Part- 2

👌 implies important for Objective Questions/MCQ

📝 implies important for Subjective Questions

📹 implies covered in Videos or Upcoming Videos

- Published/Last Modified on: March 22, 2018

Govt. Schemes/Projects

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