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Indian government has made two decisions related to the agricultural and healthcare sectors

Published on January 23, 2025
Current Context: The Indian government made two significant decisions on January 22, 2025, related to the agricultural and healthcare sectors.
Indian government has made two decisions related to the agricultural and healthcare sectors
  • Agricultural Sector
    • Expansion of Kisan Credit Card Loan Entitlement: The loan entitlement under the Kisan Credit Card scheme has been increased from ₹300,000 to ₹500,000 per farmer.
    • Focus on Natural Farming: The government has initiated a program to promote natural farming among one crore farmers, supported by certification and branding. This initiative aims to reduce dependency on synthetic chemicals and improve soil health.
  • Healthcare Sector
    • Increased Budget Allocation: The healthcare budget has been increased by 2.50-3% to enhance infrastructure, particularly in rural and semi-urban areas.
    • Promotion of Research and Innovation: A new program, the Scheme for Promotion of Research and Innovation in the Pharma MedTech Sector (PRIP scheme), has been introduced with a budget outlay of ₹5,000 crore. This scheme aims to strengthen research infrastructure and promote innovation in areas such as new chemical entities, medical devices, and antimicrobial resistance.

Question:

1 What is the new loan entitlement limit under the Kisan Credit Card (KCC) scheme as per the government's recent decision?

  • A) ₹500,000
  • B) ₹300,000
  • C) ₹400,000
  • D) ₹700,000
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