National Forest Inventory (NFI) is an important periodical activity of Forest Survey of India and is an important parameter to determine the reference level of the forest, carbon stock and calculation of biomass. The NFI was designed and executed since 2002. Source: Forest Survey of India.

FACILITATING FINANCIAL INCLUSION Source: YOJANA – January 2018 Authors: Charan Singh and Shivakumara Reddy K Financial inclusion is a process of ensuring access to appropriate financial products and services needed by all sections of the society in general and vulnerable groups in particular, at an affordable cost, in a fair and transparent manner, by regulated … Continue reading Summary-Yojana-Facilitating Financial Inclusion

MISSION INDRADHANUSH: REVAMPING OF PUBLIC SECTOR BANKING IN INDIA Source: YOJANA – January 2018 Author: D S Malik Public Sector Banks (PSBs) play a vital role in the Indian Economy. However, due to various reasons such as delays in approvals and land acquisition, low global/domestic demand etc. the profitability of PSBs has been low. In … Continue reading Summary-Yojana-Mission Indradhanush: Revamping of Public Sector Banking in India

DEALING WITH HIJACKING Author: Krishnadas Rajagopal Read the full article here. The hijacking of Indian Airlines flight IC-814 in 1999 and the 9/11 attacks in the U.S., in which aircraft were used as missiles, were wake-up calls for India to tighten the 1982 vintage anti-hijacking law. The need was also felt to make hijacking punishable with … Continue reading Anti-Hijacking Act, 2016

RURAL BANKING: TRANSLATING VISION TO REALITY Source: YOJANA – January 2018 Author: Manjula Wadhwa Mahatma Gandhi said that ‘India lives in villages’ and therefore, rural development in imperative for the overall development of India. Post independence, the government has taken various steps to bring rural prosperity in India through the following measures: Introducing co-operative credit … Continue reading Summary-Yojana-Rural Banking: Translating Vision to Reality

Source: NABARD Based on the observations of various research studies and an action research project carried out by National Bank of Agriculture and Rural Development (NABARD), the model of Self Help Group-Bank Linkage Programme or ‘SHG-BLP’ was evolved as a cost effective mechanism for providing financial services to the unreached and underserved poor households. The NGO … Continue reading Self Help Group – Bank Linkage Programme

Source: Reserve Bank of India Master Circular. Reserve Bank of India has introduced special credit cards known as General Credit Cards, which are issued to specific category of rural / semi-urban people for their agriculture production needs and other small business needs. All Credit Cards (e.g. Artisan Credit Card, Laghu Udyami Card, Swarojgar Credit Card, and … Continue reading General Credit Card (GCC)

Source: Reserve Bank of India Master Circular. The Kisan Credit Card (KCC) scheme was introduced in 1998 for issue of Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks so that farmers may use them to readily purchase agriculture inputs such as seeds, fertilizers, pesticides etc. and draw … Continue reading Kisan Credit Card (KCC)

THE LINGAYAT SECT: WHY HINDU AND WHY NOT HINDU? Author: Adrija Roychowdhury (Headnote: Lingayats emerged as a reactionary force against Hinduism in the twelfth century Karnataka; rejected most and assimilated some aspects of Hinduism; founded by social reformer and philosopher Basavanna; worshippers of the Hindu God Shiva; strongly protest against Hindu social practices such as … Continue reading ALL ABOUT LINGAYATS

STRENGTHENING OF CYBER SECURITY Source – YOJANA – January 2018 Author: R Subramaniakumar Digitization is inevitable for almost every industry including the banking industry. Given the importance of financial transaction in daily lives of people, financial institutions should be at the fore-front to adopt latest technologies and to enhance customer experience thus eliminating the urban … Continue reading Summary-Yojana-Strengthening of Cyber Security