UPSC Daily Current Affairs| One Liners 08-02-2025

One Liners 08-02-2025

Polity & Governance

Post Office Savings Account (POSA)

POSA – It fostering savings as it reaches out to the remotest part of India which has a limited reach of banking services.
Nodal Ministry – Ministry of Communications.
Minimum deposit – Only with a cash of Rs. 500.
Interest rate – 4% per annum.
Feature – It facilitates easy account transfer from one post office to another with no lock-in or maturity requirements.
Linkage Process – India Post Payments Bank (IPPB) savings account allows the customer to link the account with POSA.

PM-DevINE Scheme

PM-DevINE – Prime Minister’s Development Initiative For North East Region.
Launched in – 2022.
Nodal Ministry – Ministry of Development of North-East Region.
Aim – At rapid and holistic development of the North- east region by funding infrastructure and social development projects, based on felt needs of the States.
Timeline – 4 years (2022-2026).

Search And Rescue Aid Tool (SARAT) Version 2

Launched in – 2016.
Developed by – Indian National Centre for Ocean Information Services (INCOIS).
Nodal Ministry – Ministry of Earth Sciences.
Objective – To facilitating the search and rescue operations in the seas to locate individuals/vessels in distress in the shortest possible time.
Features – It directly anchored to the Last Known Position (LKP) of the object as opposed to the point with the minimum longitude in the search area.
Visualization of individual and mean particle trajectories, finer and distinct color-coded search regions, and a marker identifying the LKP.

Deocha Pachami Coal Mining Project

Led by – Birbhum district, West Bengal.
Deocha Pachami – It is the 2^nd largest coal block in the world with a reserve of 1,240 million tonnes of coal and 675 MT of basalt.
It begins with basalt mining or primary cleaning of land, promising jobs and fair compensation for locals.
1^st phase – It will be carried out, the thickness of basalt is between 100 metres and 350 metres.

Swadesh Darshan 2.0 Scheme

Launched in – 2015.
Nodal Ministry – Ministry of Tourism.
Mantra – Vocal for local.
Objective – To develop sustainable and responsible tourism destinations in the country.
Coverage – Tourism and allied infrastructure, tourism services, human capital development and destination management.

Mission for Cotton Productivity

Launched in – 2025.
Nodal Ministry – Ministry of Textiles.
It is also known as Cotton Mission.
Objective – To facilitate significant improvements in productivity and sustainability of cotton farming, and promote extra-long staple cotton varieties.
It will benefit lakhs of cotton growing farmers as the best of science & technology support will be provided to farmers.
Timeline – 5 years.

Mission for Aatmanirbharta in Pulses

Launched in – 2025.
Nodal Ministry – Ministry of Agriculture & Farmers' Welfare.
Objective – It is with a special focus on Tur, Urad and Masoor.
Responsible agencies – National Agricultural Cooperative Marketing Federation of India (NAFED)
- National Cooperative Consumers’ Federation of India (NCCF).
They will procure these 3 pulses, as much as offered during the next 4 years from farmers who register with these agencies and enter into agreements.
Timeline – 6 years.

Swavalambini

Launched in – 2025.
Launched by – Ministry of Skill Development and Entrepreneurship (MSDE) and NITI Aayog.
Concept – It is a women entrepreneurship programme for the northeast states of Assam, Meghalaya and Mizoram.
Aim – At empowering female students in select Higher Education Institutions (HEIs) in the northeast.
Feature – It equipping them with the essential entrepreneurial mind-set, resources, and mentorship they need to succeed in their entrepreneurial journey.

Pradhan Mantri Kaushal Vikas Yojana 4.0 (PMKVY 4.0)

Launched in – 2015.
Umbrella scheme – Skill India Programme (SIP).
Nodal Ministry – Ministry of Skill Development and Entrepreneurship.
Objectives – To encourage and promote skill development by providing free short duration skill training and incentivizing this by providing monetary rewards to youth for skill certification.
Targeted beneficiaries – 15-59 years of age.
Timeline – 4 years (2022-2026).

Grameen Credit Score

Finance Minister Nirmala Sitharaman recently announced Grameen Credit Score.

Developed by – Public sector banks.
Aim – To formalize transactions within self-help groups (SHGs) by incorporating them into India's central credit system.
To foster financial inclusion for women entrepreneurs within self-help groups, providing them with the essential support they need to grow their businesses and improve their lives.
This will enable leading financial institutions to assess the creditworthiness of SHG members more effectively.