×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 06 August, 2021

  • 12 Min Read

Rashtriya Mahila Kosh to be discontinued

  • The Government had set up Rashtriya Mahila Kosh (RMK). It was established in 1993 as a national level autonomous body for socio-economic empowerment of women, especially those in the rural and unorganized sector, by providing them concessional, collateral free micro-credit.
  • The operating model followed by RMK has been of extending loans to Intermediary Micro-Finance Organizations (IMOs) which further on lend for entrepreneurial activities of women.
  • However, as per recommendations in the report on ‘Rationalisation of Government Bodies’, prepared by the Principal Economic Adviser to the Government of India in November, 2020, the Government has decided to close down RMK as it has lost its relevance and utility in the present scenario with substantial alternative credit facilities becoming available to women through various governmental initiatives and efforts such as Jan Dhan Yojana, PM Mudra Yojana etc and also to avoid duplicacy of efforts.

The detailed objectives for setting up the Rashtriya Mahila Kosh (RMK) have been

  • To promote or undertake activities for the promotion of or to provide credit as an instrument of socio-economic change and development through the provision of a package of financial and social development services for the development of women.
  • To promote and support schemes for improvement of facilities for credit for women :

  1. for sustenance of their existing employment,
  2. for generation of further employment,
  3. for asset creation,
  4. for asset redemption and
  5. for tiding over consumption, social and contingent needs;
  • To demonstrate and replicate participatory approaches in the organization of women’s groups for effective utilization of credit resources leading to self-reliance;
  • To promote and support experiments in the voluntary and formal sector using innovative methodologies to reach poor women with credit and other social services;
  • To sensitize existing government delivery mechanisms and increase the visibility of poor women as a vital clientele with the conventional institutions;
  • To promote research, study, documentation and analysis, including provision of fellowships and scholarships, of credit and its management and of successful experiences at various levels in order to promote replication and dissemination of successful credit extension and management methodologies;
  • To promote the federation and networking of women’s organisations for shaping & exchange of experience and information and to develop skills in response management & social mobilization;
  • To promote and support the expansion of entrepreneurship skills among women;
  • To cooperate with and secure the cooperation of the Central Government, State Governments and Union Territory Administration, credit institutions, industrial and commercial organisations and non-government, voluntary and other organisations and bodies in promoting the objects of the Kosh;
  • To accept subscriptions, grants, contributions, donations, loans, guarantees, gifts, bequests etc. on such terms and obligations not inconsistent with the aims and objects of the Kosh; and
  • To do all such lawful acts and things as may be necessary or conductive for furthering the objects of the Kosh.
  • There shall be no discrimination on the ground of religion, community, caste or class, creed or race in carrying out the aims and objects of the Kosh.

Source: PIB


What is Mission Indradhanush ?

Mission Indradhanush was launched in 2014 under the Ministry of Health and Family Welfare.  1. Between 2009 - 2013, only 1% coverage per year has increased. We have to make it to 5%. 2. Objectives of Mission Indradhanush: We have the aim of full coverage by 2020. Cover all those children who are either unvaccinated or are part

Mediation Bill 2021 - Detailed Overview

A Bill that could alter the Mediation landscape The background behind Mediation Bill:         In General, Disputes Became part and parcel of  Day-to-Day Life. Someone or the Other belonging to family or else not a part of the family would be fighting for something. These Disputes may be for Smaller or B

Military exercises of India

List of all Military Exercises of India 2021 Military Exercises of India with Neighbours Sampriti: India & Bangladesh Mitra Shakti: India & Sri Lanka Surya Kiran: India & Nepal Hand in Hand Exercise: India & China Ekuverin: India & Maldives Military Exercises of India with Other countries Maitree Exer

Consumer Protection Rules, 2021

Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021 1) Pecuniary Jurisdiction The Consumer Protection Act, 2019 The Consumer Protection Act, 2019 promulgates a three-tier quasi-judicial mechanism for redressal of consumer disputes namely district commissions, state

Swachh Bharat Mission (Urban) 2.0

The Swachh Bharat Mission - Urban (SBM-U), launched on 2nd October 2014 aims at making urban India free from open defecation and achieving 100% scientific management of municipal solid waste in 4,041 statutory towns in the country. The objectives of the mission are mentioned below: Elimination of open defecation Eradication of Manual S

Students Achievement

Search By Date

Newsletter Subscription
SMS Alerts