✎ PM Modi inaugurated/inaugurated a ₹14,000+ crore national development project in Banaskantha, Gujarat, emphasizing farmer welfare and dairy sector growth.
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
Prime Minister Narendra Modi inaugurated and laid the foundation stone for national development projects worth over ₹14,000 crore in Banaskantha, Gujarat, emphasizing the government’s focus on farmers, women, children, and livestock rearers. He highlighted the release of the latest installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) for small farmers across India, with Gujarat alone seeing over ₹1,000 crore credited to 50 lakh farmers’ accounts, including ₹50 crore for Banaskantha. Modi underscored the government’s commitment to agricultural welfare, noting that policies like PM-KISAN, Minimum Support Price (MSP), and crop insurance have collectively benefited farmers by over ₹50 lakh crore in the past decade. He also stressed the integration of technology in agriculture and dairy sectors, citing initiatives like soil health cards, weather-resistant seeds, and the National Gokul Mission to enhance livestock productivity and rural incomes.
For banking and SSC aspirants, this initiative reflects the government’s push for rural infrastructure development, financial inclusion through direct benefit transfers (DBT), and agricultural modernization—key themes in exams like IBPS, SBI, and RBI Grade B. The emphasis on PM-KISAN, MSP, and crop insurance aligns with economic survey questions on welfare schemes, while the focus on livestock and dairy underscores the rural economy’s role in GDP growth, relevant for RBI Grade B’s economic and social development sections. SSC aspirants may encounter questions on flagship schemes or their budgetary allocations, making this a critical current-affairs update.
Source: PIB (Press Information Bureau)
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