BHASKAR Initiative: Startup Growth Portal
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Questions and Answers

What is the primary purpose of the BHASKAR portal?

  • To provide funding exclusively for startups
  • To replace traditional business models
  • To serve as a central hub for collaboration in the startup ecosystem (correct)
  • To focus solely on government projects
  • Which of the following stakeholders is NOT mentioned as part of the BHASKAR initiative?

  • Mentors
  • Investors
  • Service providers
  • Educational institutions (correct)
  • Who launched the BHASKAR initiative?

  • Prime Minister Narendra Modi
  • The Ministry of Finance
  • Union Minister Piyush Goyal (correct)
  • A private sector entrepreneur
  • Which feature is included in the BHASKAR portal?

    <p>Centralized access to resources</p> Signup and view all the answers

    What type of growth does the BHASKAR initiative aim to promote?

    <p>Growth of the startup industry</p> Signup and view all the answers

    What is the main goal of the PM-AASHA scheme?

    <p>To ensure fair prices for farmers and regulate price fluctuations for consumers</p> Signup and view all the answers

    How much financial outlay has been approved for the continuation of the PM-AASHA scheme until 2025-26?

    <p>Rs 35,000 crore</p> Signup and view all the answers

    What percentage of national production will the procurement cover for the crops under the Price Support Scheme starting in 2024-25?

    <p>25 percent</p> Signup and view all the answers

    What policy will apply to Tur, Urad, and Masur for the upcoming 2024-25 season?

    <p>100 percent procurement policy</p> Signup and view all the answers

    What is the purpose of integrating the Price Support Scheme (PSS) and Price Stabilisation Fund (PSF) under PM-AASHA?

    <p>To serve farmers and consumers more effectively by stabilizing market prices</p> Signup and view all the answers

    What is one of the key areas of focus for White Revolution 2.0?

    <p>Empowering women farmers</p> Signup and view all the answers

    What is the goal for milk procurement by dairy cooperative societies under White Revolution 2.0?

    <p>Increase milk procurement by 50%</p> Signup and view all the answers

    What is the primary purpose of the NPS-Vatsalya scheme?

    <p>To provide retirement savings for minors</p> Signup and view all the answers

    Which new financial support initiative was launched for dairy farmers?

    <p>RuPay Kisan Credit Cards</p> Signup and view all the answers

    How many Primary Agriculture Credit Societies (PACS) are set to be computerised under White Revolution 2.0?

    <p>67,930</p> Signup and view all the answers

    What happens to the NPS-Vatsalya account when the minor turns 18?

    <p>It can be converted to a regular NPS account</p> Signup and view all the answers

    Who launched the Bharat Startup Knowledge Access Registry (BHASKAR) Portal 3.0?

    <p>Shri Piyush Goyal</p> Signup and view all the answers

    What does the initiative aim to boost alongside local milk production?

    <p>Dairy infrastructure</p> Signup and view all the answers

    What does the name 'BHASKAR' symbolize in the context of the initiative?

    <p>Enlightenment and growth</p> Signup and view all the answers

    How many DPIIT-recognized startups were there in India as of August 2024?

    <p>Over 1.4 lakh</p> Signup and view all the answers

    What is the main aim of the BHASKAR digital platform?

    <p>To unite the startup ecosystem for collaboration</p> Signup and view all the answers

    What issue in the startup ecosystem does BHASKAR seek to address?

    <p>Fragmentation of resources and stakeholders</p> Signup and view all the answers

    What is a key feature of the NPS-Vatsalya scheme?

    <p>It offers flexibility for account conversion</p> Signup and view all the answers

    Study Notes

    BHASKAR Initiative

    • Launched by Union Minister Piyush Goyal as Bharat Startup Knowledge Access Registry (BHASKAR) to enhance collaboration in the startup ecosystem.
    • Acts as a central hub connecting startups, investors, service providers, and government bodies.
    • Features include centralized resource access, networking opportunities, and personalized identification for users.
    • Aims to support over 1.4 lakh DPIIT-recognised startups in India, fostering a unified platform for knowledge sharing and innovation.

    NPS-Vatsalya Scheme

    • Scheduled launch by Union Finance Minister Nirmala Sitharaman on September 18 in Delhi.
    • Allows parents and guardians to contribute to retirement savings for their minor children.
    • Upon reaching adulthood at 18, accounts can be converted into regular National Pension System (NPS) accounts, ensuring a smooth transition for financial planning.

    PM-AASHA Scheme Extension

    • Union Cabinet approved the extension of Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) with an outlay of Rs 35,000 crore.
    • Goals include fair pricing for farmers and regulation of price fluctuations for consumers.
    • The scheme integrates the Price Support Scheme (PSS) and Price Stabilisation Fund (PSF) to enhance support for both farmers and consumers.

    Agricultural Procurement Policies

    • Starting 2024-25, government will procure pulses, oilseeds, and copra at Minimum Support Price (MSP) covering 25% of national production.
    • A 100% procurement policy for Tur, Urad, and Masur will be enforced in the 2024-25 season to combat distress sales.
    • Increased financial guarantee of Rs 45,000 crore to procure crops via platforms like eSamridhi and eSamyukti when market prices drop below MSP.

    White Revolution 2.0

    • Launched by Union Minister Amit Shah to boost the Indian dairy sector, focusing on empowering women farmers.
    • Four key areas of focus: empowering women, enhancing local milk production, strengthening infrastructure, and increasing dairy exports.
    • Targets 50% increase in milk procurement by cooperative societies over five years, linked with the infrastructure development of new and existing district cooperative societies.
    • Introduction of RuPay Kisan Credit Cards for dairy farmers and micro-ATMs at dairy cooperative societies to facilitate financial transactions in the sector.

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    Description

    The BHASKAR initiative, launched by Union Minister Piyush Goyal, serves as a digital hub designed to facilitate collaboration among startups, investors, and government bodies. This portal aims to enhance the startup ecosystem by connecting stakeholders and promoting innovation and growth in various districts.

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