Punjab Affairs
Credit potential for priority sector for 2023-24 projected at Rs 2.73 lakh crore: Cheema
Punjab Finance Minister Harpal Singh Cheema on Tuesdaysaid that the total credit potential for the priority sector for 2023-24 is projected at Rs 2.73 lakh crore which represents an overall Growth of 5 percent over the projections for 2022-23.
Addressing the State Credit Seminar 2023-24, Cheema said that out of the aggregate credit plan, the share of Crop Loan is pegged at Rs 1.03 lakh crore (38%), <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture Term Loan at Rs 0.52 lakh crore (19%) and MSME at Rs 0.71 lakh crore (26%) and Other Priority Sector (OPS) at Rs 0.47 lakh crore (17%).
Releasing the State Focus Paper (SFP) 2023-24 and Unit Cost Booklet on this occasion, the Finance Minister said that NABARD has undertaken the exercise of assessing the potential for credit under the priority sector for each district in consultation and coordination with banks, Line departments of the State Government, farmers, NGOs and other stakeholders. These plans have been aggregated at the state level and SFP has been prepared which reflects the aggregate potential available under various subsectors of Priority Sector of the States economy. This is quite an elaborate exercise which will provide inputs and pointers to various stakeholders, he added.
Cheema added that it is a matter of satisfaction that the SFP emphasises on development of the cooperative sector, crop diversification, promotion of Organic Farming, development of the Farmers Producers Organization (FPOs), promotion of digital technological innovations in agriculture and Fintech, which will provide necessary fillip to Inclusive Growth and Sustainable Development in the State. He said that it is the need of the hour that these producer organizations are supported further within the agri-value chain system.
National and International Affairs
Rajya Sabhas productivity during winter session 102%:The final day of the winter session, the Rajya Sabha was adjourned sine die, with a productivity score of 102%.Jagdeep Dhankhar, the chairman of the Rajya Sabha, claims that in 13 sittings, functional time was 64 hours and 50 minutes as opposed to the entire allocated time of 63 hours and 26 minutes, and productivity was 102%.
1,920 unstarred questions were answered in the 13 sittings, while 82 starred questions were resolved.
After 28 hours of debate in which 160 members participated, nine bills were ultimately passed or returned during the session.
Although the term House of Elders is not listed in the official lexicon, Vice President Jagdeep Dhankhar had noted in my opening address on December 7 that it adequately captured the significance of this institution.
Spain passes new transgender law:The lower house of the Spanish Parliament approved a measure allowing individuals over the age of 16 to change their legally recorded gender without the need for medical supervision. According to the law, drafted by the center-left coalition government, minors between the ages of 14 and 16 must be accompanied by their parents or legal guardians and those between the ages of 12 and 13 will require a judges permission to make the move.
The law also abolishes a restriction that banned lesbian couples from registering their children under both parents names and forbids the use of so-called conversion therapies to repress sexual orientation or gender identity.
Up until recently, transgender individuals required the diagnosis of gender dysphoria, a psychological disorder in which the patient does not feel that their biological sex matches their gender identity.
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