What is the new collateral-free agricultural loan limit set by RBI?

Correct Answer :   Rs. 2 Lakh

* The Reserve Bank of India (RBI) has increased the collateral-free agricultural loan limit from ?1.6 lakh to ?2 lakh, effective January 1, 2025.

* This initiative is aimed at benefiting farmers and allied activities by reducing borrowing costs and improving credit access, especially for small and marginal farmers.

* The increase in loan limits also enhances the uptake of Kisan Credit Card (KCC) loans, allowing farmers to avail loans up to ?3 lakh at a 4% effective interest rate. This move supports agricultural growth and financial inclusion.

Correct Answer :   SARTHI system

The SARTHI system (Solar Assisted Reefer Transportation with Hybrid Controls and Intelligence) was introduced by NIFTEM-K to address the challenge of post-harvest losses in transporting perishable foods.

By integrating IoT and real-time monitoring, SARTHI ensures optimal storage conditions for fruits and vegetables using sensors for temperature, humidity, and gas levels.

Its solar-powered air-handling unit regulates temperatures when stationary, reducing spoilage and energy use.

The system allows transporters to track and adjust conditions through a mobile app, improving shelf life and reducing both wastage and carbon footprints.

Correct Answer :   Pusa-2090

Pusa-2090 is a new rice variety identified as a suitable replacement for Pusa-44 due to its similar yield potential and earlier harvest timing.

This variety can be harvested in early to mid-October, eliminating the need for stubble burning, a major contributor to air pollution.

By promoting Pusa-2090, the government aims to reduce environmental degradation and conserve groundwater, addressing concerns associated with Pusa-44, which has been linked to increased stubble burning and groundwater depletion in Punjab.