30 Jun 2022: PIB Summary for UPSC

TABLE OF CONTENTS

1. Rath Yatra
2. Udyami Bharat Programme
3. Business Reforms Action Plan 2020
FIP Magazine

1. Rath Yatra

Syllabus: GS-1, Indian Heritage and Culture

Prelims: Rath Yatra

Context:

Vice President greets the nation on the eve of Rath Yatra.

What is Puri Rath Yatra?

  • The Rath Yatra of Puri, Odisha is celebrated every year, depicting the annual journey of Lord Jagannatha, considered to be an incarnation of Lord Vishnu.

For more on the Rath Yatra, check the video below:


2. Udyami Bharat Programme

Syllabus: GS-2, Governance; Government policies and interventions for development in various sectors 

Prelims: Udyami Bharat programme

Mains: Government initiatives for the MSME sector

Context:

PM participates in the ‘Udyami Bharat’ programme.

Details:

  • During the programme, the Prime Minister launched several initiatives for the MSME sector. They are:

Raising and Accelerating MSME Performance (RAMP) scheme:

  • The scheme aims to scale up the implementation capacity and coverage of MSMEs in the states, with impact enhancement of existing MSME schemes.
  • It has an initial outlay of Rs.6000 crores.
  • It will complement the Aatmanirbhar Bharat Abhiyan by fostering innovation, encouraging ideation, incubating new business and entrepreneurship by developing quality standards, improving practices and processes, enhancing market access, deploying technological tools and Industry 4.0 to make MSMEs competitive and self-reliant.

Capacity Building of First-Time MSME Exporters (CBFTE) scheme

  • The scheme aims to encourage MSMEs to offer products and services of international standards for the global market. 
  • This is expected to enhance the participation of Indian MSMEs in the global value chain and help them realise their export potential.

New Features of the PMEGP Scheme:

  • An increase in the maximum project cost to Rs 50 lakhs (from Rs 25 lakhs) for the manufacturing sector.
  • An increase in the maximum project cost to 20 lakhs (from Rs 10 lakhs) in the service sector.
  • Inclusion of applicants from Aspirational districts & Transgenders in the Special Category applicants for availing higher subsidies. 
  • Handholding support for applicants/entrepreneurs through the engagement of banking, technical & marketing experts.

3. Business Reforms Action Plan 2020

Syllabus: GS-2, Governance; Government policies and interventions for development in various sectors 

Prelims: Business Reforms Action Plan 2020

Mains: Details about Business Reforms Action Plan 2020.

Context:

Assessment of States/UTs based on the implementation of the Business Reforms Action Plan for the year 2020 declared.

Business Reforms Action Plan (BRAP) 2020:

  • This is the fifth edition of the BRAP.
  • The BRAP 2020 includes 301 reform points covering 15 business regulatory areas such as Access to Information, Single Window System, Labour, Environment, Land Administration & Transfer of Land and Property, Utility Permits and others. 
  • 118 new reforms were included to further augment the reform process. 
  • Sectoral reforms with 72 action points spread across 9 sectors namely Trade License, Healthcare, Legal Metrology, Cinema Halls, Hospitality, Fire NOC, Telecom, Movie Shooting and Tourism were introduced for the first time to expand the scope of the reform agenda.
  • Unlike in the previous years when states were given ranks according to the assessment, this year, they were placed in four categories namely, Top Achievers, Achievers, Aspirers and Emerging Business Ecosystems. 

Objectives of BRAP:

  • To boost investor confidence, foster a business-friendly climate and augment the Ease of Doing Business across the country by introducing an element of healthy competition through a system of assessing states based on their performance in the implementation of the Business Reforms Action Plan.

BRAP 2020 Highlights:

  • Top Achievers: Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana
  • Achievers: Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Uttarakhand and Uttar Pradesh
  • Aspirers: Assam, Chhattisgarh, Goa, Jharkhand, Kerala, Rajasthan and West Bengal
  • Emerging Business Ecosystems: Andaman & Nicobar, Bihar, Chandigarh, Daman & Diu, Dadra & Nagar Haveli, Delhi, Jammu & Kashmir, Manipur, Meghalaya, Nagaland, Puducherry and Tripura

Read previous PIB here.

June 30th, 2022, PIB:- Download PDF Here

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