Market Intervention Scheme: New government guidelines
Market Intervention Scheme (MIS) is implemented on the request of State/UT Government for procurement of various perishable agricultural/horticultural commodities such as tomato, onion and potato etc. for which Minimum Support Price (MSP) is not applicable and there is a reduction of at least 10% in the market prices in the States/UTs as compared to the rates of the previous normal season, so that farmers are not forced to sell their produce under distress.
Government initiatives to support women owned enterprises
The Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) is a flagship Scheme of the Ministry of Minority Affairs which converges five erstwhile schemes viz. ‘Seekho Aur Kamao’, ‘Nai Manzil’, ‘Nai Roshni’, ‘Hamari Dharohar’ and ‘USTTAD’; and focuses on upliftment of six notified minority communities through skill development; entrepreneurship and leadership of minority women; and education support for school dropouts.
Nodal officer under UAPA: New appointment to regulate Gift IFSC entities
The February 2025 circular issued by IFSCA signals a shift in the leadership for overseeing the implementation of these critical regulations. Ankit Bhansali, General Manager at the Division of Anti-Money Laundering and Combating the Financing of Terrorism (AML & CFT), has been designated as the new Nodal Officer responsible for the execution of Section 51A of the UAPA and Section 12A of the WMD Act. This change is a modification of the earlier circular and communication, which may have previously indicated a different officer for this role.
