Page 53 - NIS English Aug 1-15, 2024

Review of New Pension Scheme: Rural and Urban
The New Pension Scheme will be reviewed by a
committee to find a solution that addresses the Land Related Works
relevant issues while safeguarding the interests
of the general public while maintaining financial
prudence. So far, the committee has made n In both rural and urban areas,
substantial progress in its work. land related reforms and
works will be encouraged to be
NPS for Minors:
completed within the next three
A scheme called NPS-Vatsalya will be launched
years through central assistance.
in which contributions will be made by the
parents and guardians of minors. When a minor n All plots will be given Bhu-
attains majority, the scheme can be seamlessly Aadhaar.
converted into a normal NPS account.

Capital Venture Fund for Space:
Survey
A venture capital fund of Rs 1000 crore will be
map of sub
set up to strengthen the objective of growing
the space economy fivefold in the next 10 years. division as
per SVAMITVA
Utilization of Databases with scheme.
Technology Tools:
Various sectoral databases, including those
set up under the Digital India Mission, will be n Will be linked to Kisan Registry.
leveraged with the proactive use of technology
n Land related records will be
tools to improve data operations, storage,
digitized with GIS mapping in
processing and management of statistics.
urban areas.
Development of a taxonomy for
n Digitization of cadastral maps.
climate finance
Development of a taxonomy for climate finance n Land registry will be created.
to facilitate capital availability for climate
n Rural land related works will also
adaptation and mitigation, supporting India's
facilitate credit flow and other
green transition and climate commitments.
agricultural services.
FDI and Overseas Investment:
Simplification of procedures to facilitate FDI and
promote opportunities to use Indian Rupee in
overseas investment.

Accelerating Technology Adoption:
The adoption of technology will be accelerated
in the digitization of the economy. The way the
government has used technology in the last
10 years to improve productivity and reduce
inequality in the economy has helped in
improving access to services.

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