Title current - 25.pdf ✅

www.iaritoppers.in Whatsapp : +91-9694095242 Page | 1 Miscellaneous SAS Report 2021:  The SAS report was released in September 2021, while the earlier SAS report was published in 2014.  "The SAS, 2021 reveals that the average monthly income per agricultural household, as per paid out expenses approach, works out to be Rs 10,218.  The average monthly income per agricultural household was Rs 6,426 as per the last SAS Report of 2014 estimated by the same approach," the Survey said.  The average size of household ownership holdings has declined from 0.725 hectare in 2003 to 0.592 hectare in 2013 and further to 0.512 hectare in 2019. One District One Product:  The ‘One District, One Product’ (ODOP) was launched by the Ministry of Food Processing Industries.  It aims to do this by identifying, promoting and branding a product from one district. The One District One Product scheme aims to turn every district in India, into an export hub through promotion of the product in which the district specializes.  The one district one product launch date is January 24, 2018, by the Uttar Pradesh govt., and due to its success, was later adopted by the Central Government.  The scheme adopts the One District One Product (ODOP) approach to reap the benefit of scale in terms of procurement of inputs, availing common services and marketing of products.  ODOP for the scheme will provide the framework for value chain development and alignment of support infrastructure.  There may be more than one cluster of ODOP products in one district. There may be a cluster of ODOP products consisting of more than one adjacent district in a State.  The States would identify the food product for a district, keeping in perspective the focus of the scheme on perishables. Current Affairs Part-25
www.iaritoppers.in Whatsapp : +91-9694095242 Page | 2  It is a centrally sponsored scheme to be shared by the central government and states in 60:40 contributions. E-Negotiable Warehouse Receipt (E-NWR)  E-NWR was launched by the Central Warehousing Corporation. Introduction of the e-NWR was part of the digitalization of registration, monitoring, and surveillance of e-NWR. What are Negotiable Warehouse Receipts?  Warehouse Receipts are documents issued by warehouses to depositors against the commodities deposited in the warehouses, for which the warehouse is the bailee.  In India, the term ‘negotiable warehouse receipt’ is defined in Section 2(m) of the Warehousing (Development and Regulation) Act, 2007 (WDR Act), which came into force from 25 October 2010.  Negotiable Warehouse Receipt (NWR) system in the country enables farmers to store their produce for safe and scientific storage and preservation in warehouses near their farms and to seek pledge loan from banks against the NWRs issued against deposit of their stock. Hence, the NWR help the farmers to avoid distress sales of agricultural produce during the peak marketing season and to avoid the post harvest storage loss. Key benefits of E-NWR:  Under e-NWR farmers and traders would get better and transparent access to the market  e-NWRs would have no chances of any tempering, mutilation, fudging, loss or damage and with no possibility of any multiple financing.  Hence, these NWRs will not only facilitate an easy pledge financing by banks and other financial institutions but also smooth trading on various trading centres like commodity exchanges, electronic National Agriculture Markets (e-NAM) and other electronic platforms.  Warehouse receipts in the form of an e-NWR issued by the warehousemen to customers against commodities deposited for storage can now be used for availing of financial facilities from financial institutions, without any difficulty.  These e-NWRs will save expenditure in logistics as the stocks could be traded through multiple buyers without physical movement and can be even split for partial transfer or withdrawal.  With the introduction of e-NWR, depositors of stocks can now avail of the benefit without visiting the warehouse where they are depositing the stocks and they can simply make transactions even at their doorstep.
www.iaritoppers.in Whatsapp : +91-9694095242 Page | 3  These initiatives would revolutionize the marketing of agricultural commodities and help farmers realize better price for their produce. Warehousing Development and Regulatory Authority (WDRA):  WDRA regulates and ensures the implementation of the provisions of the Warehousing (Development and Regulation) Act, 2007 for the development and regulation of warehouses, Regulations of Negotiability of Warehouse Receipts and promotes the orderly growth of the warehousing business.  The WDRA is a Statutory Authority under the Department of Food and Public Distribution, Government of India.  It was constituted in 2010 as per the provisions of the Warehousing (Development and Regulation) Act, 2007.  It is headquartered in New Delhi. Primary Agricultural Credit Societies (PACS) Context: Cabinet approves digitisation of 63,000 Primary Agricultural Credit Societies. PACS: It is a village-level institution that works directly with rural residents. It encourages agriculturists to save, accepts deposits from them, makes loans to deserving borrowers, and collects repayments. PACS are the lowest unit in a three-tier structure: The other two tiers - State Cooperative Banks (StCB) and District Central Cooperative Banks (DCCB) - have already been automated by the NABARD and brought on the Common Banking Software (CBS). Benefits:  Computerisation will bring transparency and link all credit societies to a common accounting system.  Each PACS will get around ₹4 lakh to upgrade its capacity and even old accounting records will be digitised and linked to cloud-based software.  Service delivery: Direct Benefit Transfer (DBT), Interest Subvention Scheme (ISS), Crop Insurance Scheme (PMFBY), and inputs like fertilizers and seeds
www.iaritoppers.in Whatsapp : +91-9694095242 Page | 4  A government statement said that PACS account for 41% (3.01 crore farmers) of the Kisan Credit Card (KCC) loans given by all entities in the country.