Bharatmala is one of the major initiatives of the Government to take the nation towards sustainable and high economic growth. Which of the following correctly describes the initiative?
The dedicated programs for road connectivity (Bharatmala), port infrastructure (Sagarmala), electrification, railways upgradation, and operationalising new airports/ air routes (UDAN) have significantly improved the physical infrastructure in the last few years. The NIP was launched with 6,835 infrastructure projects with a projected infrastructure investment of ₹111 lakh crore. This has expanded to over 9,000 projects across 35 sub-sectors and covers economic and social infrastructure projects jointly funded by the Central Government, State Governments, and the private sector. Based on the pillars of a digital identity Aadhar, linking bank accounts with PM-Jan Dhan Yojana, and the penetration of mobile phones (JAM Trinity), the country has witnessed significant progress in financial inclusion in recent years. The population covered with bank accounts increased from 53 per cent in 2015-16 to 78 per cent in 2019-21 (as per NFHS). International evidence shows that countries at the same level of development have taken almost The creation of digital identities such as Aadhar, registration of unorganised workers on the e-shram portal, street vendors on SVANidhi, taxpaying firms on GSTN, and MSMEs on the Udayam portal, has played a significant role in the inclusion of these groups under the formal economic net. Significant initiatives have been introduced under Aatmanirbhar Bharat and Make in India programmes to enhance India’s manufacturing capabilities and exports across the industries. Sectors pecific Production Linked incentives (PLI) have been introduced in the aftermath of the pandemic to incentivise domestic and foreign investments and to develop global Champions in the manufacturing industry. The government and the RBI took several policy initiatives to help the financial sector recoup the balance sheet stress during the 2010s. Some of these such as the amendment to the SARFAESI Act 2002, implementation of the Insolvency and Bankruptcy Code (IBC), launch of ‘Asset Quality Review’ (AQR), introduction of prompt corrective action (PCA) framework, recapitalisation of Public Sector Banks (PSB), and merger of PSBs among others, helped in cleaning up the balance sheets of banks/corporates.
Which of the following states of India had won the UN Award- World Summit on the Information Society Forum (WSIS) prize in Geneva?
2022 Global Food Security Index (GFSI) report was released by _________?
Among the following, which one is not an EdTech company?
A 56.1-feet-long cricket bat, said to be the biggest in the world, was unveiled at Tank Bund, in ____________.
What role does Salil Parekh play in the recent developments between India and the United States?
Union Bank of India has recently launched New Saving & Current Account Schemes in order to enhance inclusivity and diversity.Which of the following is n...
Who has recently become the FIH men’ s goalkeeper of the year?
What does the 'Sangam: Digital Twin' initiative by the Department of Telecommunications (DoT) aim to achieve?
Jharkhand Chief Minister Hemant Soren announced a reduction in the qualifying age for old-age pension for Dalits and tribals. What is the new qualifying...
On the occasion of the 125th birth anniversary of Netaji Subhas Chandra Bose, Prime Minister Narendra Modi unveiled a hologram statue of the freedom fi...