SPMRM, Diesel subsidy & 50 additional days in MGNREGA to help farmers in drought affected areas

Q.  GoI has recently undertaken which steps to help farmers in drought affected areas w.e.f 17th September 2015?
- Published on 18 Sep 15

a. Raised the number of work days to 150 from 100 under the Mahatma Gandhi National Rural Employment Guarantee Scheme in drought-hit areas.
b. Allowed the EXIM Bank to offer concessional finance to Indian companies bidding for strategically important infrastructure projects abroad
c. Approved a proposal to promulgate the Negotiable Instruments (Amendment) Ordinance, 2015
d. All of the above

ANSWER: All of the above
 
Cabinet has provided ex post facto approval to increase the number of working days in MGNREGA by 50 and monsoon rains have been 16% below normal so far making this the second successive poor monsoon. Diesel subsidy has also been announced to help farmers save standing crops. Cabinet approved Shyama Prasad Mukherji Rurban Mission with an outlay of INR 5,142.08 crore. The mission seeks to set up 300 rural clusters by 2019-20 across the country to bridge the rural-urban divide.

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