Descriptive Prep: Brajesh Mohan

Draft National Telecom Policy 2025" (NTP 2025) Investment and Jobs Goal: Aims to double annual investment to ₹1 trillion, create 1 million new jobs by 2030, and re-skill/up-skill an equal number of people. Economic Impact: Seeks to double the telecom sector's contribution to India's GDP and increase exports of telecom products, services, and startups twofold. Infrastructure Goals: Targets increasing tower fiberisation from 46% to 80% and achieving 90% 5G population coverage. Key Proposals: Includes universal connectivity, doubling R&D spending, enhancing security with quantum-resistant cryptography, reducing carbon footprint by 30%, and supporting telecom startups. Research and Development: Proposes collaboration with academic institutions like IITs for workforce development and advanced research.

Union Home Minister and Minister of Cooperation Amit Shah launched the National Cooperative Policy 2025 on Thursday, replacing the 2002 policy. Objective of the New Policy: Transform cooperatives into professional and sustainable economic entities to significantly contribute to India’s GDP over the next 25 years. Key Targets: — Establish at least one cooperative organization in every village across India. — Engage 50 crore people as active members in cooperatives, making them stakeholders in equitable growth. — Triple the cooperative sector’s contribution to India’s GDP by 2034. — Connect youth with employment opportunities through cooperatives. Policy Development: Formulated by a 48-member national-level committee chaired by former Union Minister Suresh Prabhu. Structure of the Policy: Includes 16 objectives grouped under six broad strategic mission pillars to strengthen the cooperative movement at grassroots levels from 2025 to 2045. Model Cooperative Villages: Develop five model cooperative villages in every tehsil, encouraging other villages to emulate them and aspire to be among the best in their state. Institutional Mechanism for Implementation: — National Steering Committee on Cooperation Policy: Chaired by the Union Minister of Cooperation, responsible for overall guidance, inter-ministerial coordination, and periodic policy review. — Policy Implementation and Monitoring Committee: Chaired by the Union Cooperation Secretary, tasked with central-state coordination, addressing implementation challenges, and periodic monitoring and evaluation. Current Cooperative Landscape in India: — India has over eight lakh cooperative societies, representing more than one-fourth of the world’s cooperatives. — About one-third of India’s rural population is directly connected to cooperatives as members for diverse socio-economic needs. Ministry of Cooperation: Established as a separate ministry by the Modi government four years ago, with Amit Shah as its head. Prior to this, the cooperatives department was under the Agriculture Ministry since 1979.

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✅ RBI Grade B 2025 - Day 12 Practice Questions. Q. “Capital expenditure is the most productive form of fiscal stimulus.” Discuss in light of recent Union Budgets. (400 Words) Q. Explain the role and regulation of the Call Money Market. How does it help in short-term liquidity management? (400 Words) Q. Critically analyze the effectiveness of India’s Flexible Inflation Targeting (FIT) regime. Should the current 4 (+/-2)% band be revisited? (400 Words) 👩👨‍💼Follow 👉 @descriptive_bankexam

Editorial on World Trade.