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Weather-Based Crop Insurance Scheme

Pilot Weather-Based Crop Insurance Scheme (WBCIS) in India: A Comprehensive Overview

Introduction Agriculture in India is highly dependent on weather conditions. Variability in rainfall, temperature extremes, droughts, floods, and unseasonal events can significantly affect crop yields. Traditional crop insurance schemes often struggled to provide timely relief to farmers due to delayed loss assessments and area-based compensation models. To address these challenges, the Weather-Based Crop Insurance Scheme…

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National Agricultural Insurance Scheme

National Agricultural Insurance Scheme (NAIS) in India: A Comprehensive Overview

Introduction Agriculture in India remains highly vulnerable to natural calamities such as droughts, floods, cyclones, pests, and diseases. Small and marginal farmers, who form the majority of India’s agricultural sector, often bear the brunt of these risks. Crop failure not only reduces farmers’ income but also leads to indebtedness and poverty. To address these challenges,…

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National Agriculture Market

National Agriculture Market (e-NAM) and National Agricultural Market Yojana: A Comprehensive Study

Introduction Agriculture is the backbone of India’s economy, employing more than half of the country’s workforce and contributing significantly to GDP. Despite its importance, the agricultural sector has historically faced challenges such as fragmented markets, lack of transparency in pricing, dominance of middlemen, and limited access to fair markets for farmers. To address these concerns,…

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Regional Rural Banks Amendment

Regional Rural Banks Amendment Bill 2015 and Beyond: A Comprehensive Analysis

Introduction Regional Rural Banks (RRBs) form an integral part of India’s financial architecture aimed at promoting rural development. Established in 1975 under the Regional Rural Banks Act, 1976, RRBs were designed to combine the local feel and accessibility of cooperatives with the professionalism and financial strength of commercial banks. Over the years, however, RRBs faced…

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Regional Rural Banks

Regional Rural Banks (RRBs) in India: History, Operations, Role, and Future

Introduction In India, agriculture and allied activities employ nearly half of the population, yet farmers and rural households often face a shortage of institutional credit. Before the 1970s, rural credit was dominated by moneylenders and informal sources, which imposed high interest rates and exploited farmers. While commercial banks and cooperatives existed, they were unable to…

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Cooperative Credit Societies in India

Cooperative Credit Societies in India: A Comprehensive Analysis

Introduction The Cooperative Credit Society is one of the oldest and most significant institutions in India’s cooperative movement. Based on the principle of mutual help, democratic management, and collective ownership, these societies were designed to provide credit and financial support to members, especially small farmers, artisans, and rural communities. In a country like India, where…

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National Land Records Modernization Programme

National Land Records Modernization Programme (NLRMP): A Comprehensive Analysis

Introduction Land is one of the most crucial resources in any country, forming the backbone of agriculture, urban development, infrastructure, and economic planning. In India, land ownership and management have historically been complex due to fragmented records, outdated manual systems, and disputes over ownership. Recognizing the urgent need to modernize and integrate land records across…

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Make in India

Make in India: Achievements and Challenges

Introduction India, one of the fastest-growing economies in the world, has long aspired to become a global manufacturing hub. With its large workforce, growing domestic market, and favorable geographical location, the country has immense potential to strengthen its industrial base. To realize this potential, the Government of India launched the “Make in India” initiative on…

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Growth of FinTech in India

The Growth of FinTech in India: Transforming the Financial Landscape

Introduction Over the last decade, India has witnessed a financial revolution fueled by technology. Financial Technology, or FinTech, refers to the innovative use of digital tools and modern technology in delivering financial services. From mobile banking and digital wallets to peer-to-peer lending and blockchain solutions, FinTech has reshaped how individuals, businesses, and governments manage money….

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Sustainable Development and Green Economy

Sustainable Development and Green Economy: Concepts, Importance, and Future Pathways

Introduction In the 21st century, humanity faces the dual challenge of ensuring economic growth while safeguarding the environment. Rapid industrialization, urbanization, population growth, and technological expansion have created unprecedented opportunities but also generated critical environmental challenges. Climate change, biodiversity loss, deforestation, air and water pollution, and resource depletion threaten the very foundation of life on…

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