Current Affairs 2019-20
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Gold Monetisation Scheme (GMS)
Gold Monetisation Scheme was launched in 2015.
It is a gold savings account which will earn interest for the gold that you deposit in it.
Deposited gold can be in any physical form – jewellery, coins or bars.
Stand-Up India Scheme
Stand-Up India Scheme was launched in 2016 by the Ministry of Finance.
This Scheme is for financing SC/ST and /or Women Entrepreneurs.
In the case of non-individual enterprises, at least 51% of the shareholding and controlling stake should be held by either an SC/ST and Woman Entrepreneur.
Government e-Marketplace
Government e-Marketplace (GeM) is to facilitate on line procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs.
GeM is dynamic, self-sustaining and user friendly portal for making procurement by Government officers.
It was launched by the Ministry of Commerce and Industry in August 2016.
The Ministry has launched third version of the Government e-Marketplace (GeM 3.0)
The purchases through GeM by Government users have been authorized and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.
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