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Indian Government Schemes

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Indian Government Schemes

Indian Government Schemes

shape Introduction

Indian Government announces Welfare Schemes for a cross-section of the society from time to time. These schemes could be either Central, State-specific or a joint collaboration between the Center and the States.


shape Schemes

Below listed are the list of government schemes introduced in India in 2017:

  • Launched on: 1989

  • Launched by: Ministry of Labour and Employment

  • Aim: The scheme is intended to relieve, to some extent, the housing shortage mainly among the BEEDI WORKERS

  • Key Features:
    • The scheme provides housing subsidy of Rs. 1, 50,000/– per worker for construction of a house to be paid in three instalments directly into the bank account of the beneficiaries.
    • The workers engaged in Beedi/Iron Ore Mines, Manganese Ore & Chrome Ore Mines (IOMC)/Limestone Ore Mines, Dolomite Ore Mines (LSDM) /Mica Mines and Cine Industries, registered with the Labour Welfare Organisation (LWO) are eligible under this scheme.
    • The registered worker under LWO should be engaged for one year or more in the respective industry.
    • They should have Aadhar registration and Jan Dhan / Bank account number.
    • The applicants should have a homestead land in their name or jointly/severally own with other members of the family or land allotted/leased by State Government/Gram Sabha.
    • Ministry provides housing subsidy to the workers for construction of houses. The fund allocated for this purpose in the Financial Year 2017-18 is Rs. 60,95,54,000/- and during current year 8000 houses are proposed to be sanctioned. The construction of houses in next financial year depends upon the allocation of budget.

  • Launched on: 1 July 2015

  • Launched by: The Department of Pharmaceuticals, Govt. Of India

  • Aim: To provide quality medicines at affordable prices to the masses through special Kendra’s

  • Key Features:
    • Special Kendra’s known as Pradhan Mantri Bharatiya Jan Aushadhi Kendra and it has been set up to provide generic drugs, which are available at lesser prices but are equivalent in quality and efficacy as expensive branded drugs.
    • The nodal agencies are
      • BPPI (Bureau of Pharma PSUs of India), under the administrative control of the Department of Pharmaceuticals, Ministry of Chemicals& Fertilizers, and Government of India.
      • BPPI will support of all the CPSUs for co-coordinating procurement, supply, and marketing of generic drugs through Pradhan Mantri Bharatiya Jan Aushadhi Kendra (PMBJK).
      • More than 850 Pradhan Mantri Bhartiya Jan Aushadhi Kendra’s are presently worked over 28 States/UTs.
      • An amount of 35 Crore had been allotted in the budget 2016-17 for the implementation of this scheme.

  • Launched on: 20 july 2017

  • Launched by: The Union Ministry of Rural Devoloment

  • Aim: The Aajeevika Grameen Express Yojana aims to provide an alternative source of livelihoods to members of Self Help Groups (SHGs) under DAY-NRLM by facilitating them to operate public transport services in backward rural areas

  • Key Features:
    • To make the members of Self Help Groups (SHGs) under DAY-NRLM operate public transport services in backward rural areas. (The areas to be identified by the states)
    • To provide safe and affordable rural transport services like e-rickshaws, 3 and 4 wheeler motorized transport vehicles to connect remote villages with key services and amenities.
    • Under the sub-scheme, the Community Based Organisation (CBO) will provide an interest-free loan from its own corpus to Self Help Group member for purchase of the vehicle.
    • The vehicle selected could be e-riksha, 3 wheeler or 4 wheeler within a cost ceiling of Rs.6.50 lakh.
    • All vehicles under the scheme shall have a specific color code and carry AGEY branding to ensure their identity and avoid diversion to other routes.

  • Launched on: 10th May 2013

  • Launched by: The Ministry of Women and Child Development

  • Aim: To Strengthening and improvement in Nutrition

  • Key Features:
    • This scheme will get assistance from the World Bank
    • It is a two-phase project to improve nutrition and early childhood development
    • Strengthen the ICDS policy framework, systems, capacities, and facilitate community engagement to ensure greater focus on children less than three years of age in the districts
    • Strengthen convergent actions for improved nutrition outcomes in the stipulated districts
    • The project will be implemented in selected 162 districts which have a high proportion of child under nutrition across eight States, like Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh and Andhra Pradesh
    • The urban pilots will be undertaken in and around NCR of Delhi and convergent nutrition actions pilots in some selected districts in two non-project States like Odisha and Uttarakhand
    • Total cost for this budget is of Rs 293Crore with 70% IDA share of Rs. 2025 crore (USD$ 450 million) over 7 years

  • Launched on: 25th September 2012

  • Launched by: Narendra Modi

  • Aim: To divert one MAFt excess overflowing flood water of Narmada allocated to Saurashtra Region

  • Key Features:
    • Under Sauni yojana, works of about 230 Km length of pipeline works are commenced since March 2014 and are in progress.
    • In the project, the water will be filled in irrigation dams that are already equipped with canal network
    • 115 dams in the Saurashtra region will be filled with excess water
    • Around 10 dams and reservoirs of Rajkot, Jamnagar and Morbi districts will be filled with water
    • Constructing pipe canals instead of the conventional open canals
    • 1,125-km network of pipelines that will help to channel water into farms
    • The excess overflowing flood water of Narmada will be distributed to 115 reservoirs of eleven districts of Saurashtra through total 1126 km long four link pipelines benefitting 10,22,589 acre land


  • Aim: To mitigate the risks and provide guarantee for educational loans taken under the Indian Bank’s Association (IBA) Model Educational Loan Scheme

  • Key Words:
    • An amount of Rs.500 crores has been earmarked under the scheme
    • With a view to reduce the Non-Performing Assets on an educational loan, allow more loans at reasonable rates and in special cases without any collateral security in the form of third-party guarantee under Credit Guarantee Fund Scheme for Educational Loans (CGFSEL).
    • The maximum loan limit under this scheme is Rs 7.50 lakh without any collateral security and third party guarantee.
    • The Interest Rate charged by the Bank for education loans to be covered under CGFSEL should be up to 2% p.a. over the Base Rate.

  • Launched on: 2009

  • Launched by: Ministry of Human Resources Development

  • Aim: To track the Education Loan right from the inception of the loan application to the sanction of a loan or otherwise.

  • Key Features:
    • Under this Scheme, Interest Subsidy is given during the moratorium period to economically weaker sections whose annual parental income is up to Rs. 4.5 Lakh from all sources.
    • The subsidy is allowed for undergoing recognized Professional/ Technical courses in recognised Institutions in India and just for once
    • The interest subsidy is admissible up to a loan amount of 10 lakhs and only once.
    • Vidya Lakshmi Portal is an education Loan Portal managed by NSDL e-Governance Infrastructure Limited, Mumbai. Under this, any student can have access to Education Loans. The Portal is linked with Scheduled Banks.
    • This is a scheme to provide interest subsidy on educational loans for overseas studies for the students belonging to the minority communities

Dr Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies (CSSISELOS) for Other Backward Classes (OBCs) and Economically Backward Classes (EBCs):

  • Launched on:
  • 2009

  • Launched by: Government of India

  • Aim: To award interest subsidy to meritorious students belonging to the Other Backward Classes and Economically Backward Classes so as to provide them better opportunities for higher education abroad and enhance their employability.

  • Key Features:
    • To provide interest subsidy to the student belonging to the OBCs and EBCs for overseas studies to pursue approved courses of studies abroad at Masters, M.Phil. And PhD level
    • Applicable for higher studies abroad which is linked with the existing Educational Loan Scheme of Indian Banks Association (IBA) and restricted to students enrolled for course at Masters, M.Phil. And PhD level.
    • For OBC students, total income shall not exceed Rs.3.00 lakh per annum.
    • For EBC candidates, total income shall not exceed Rs.1.00 lakh per annum.
    • Income certificate produced by the student for availing Educational Loan viz. ITR/Form 16/Audited Accounts/Income certificate issued by the authority of State Government/UT Administration is acceptable to determining Income ceiling.

Integrated Skill Development Scheme For The Textiles And Apparel Sector Including Jute And Handicrafts (ISDS):

  • Launched on: October 1975

  • Launched by: The Ministry of Textiles

  • Aim: To address the manpower requirement of the diverse textile and related segments

  • Key Features:
    • The scheme has been scaled up during the 12th plan with a target of skilling 15 lakh persons by the end of March 2017.
    • The government provides a grant subsidy to the extent of 75% of product cost with a ceiling of Rs. 10,000/- per trainee.
    • As of now, a total of 11.3 lakh training targets have been sanctioned under 76 projects toaround 58 implementing agencies spread across all over India.
    • Variety of shareholders like Textile research associations, private training partners, industry associations, State Government institutions are working in cooperation and coordination under the ambit of the Ministry of Textiles for fulfilling the skilling requirement of the textile and related sector
    • The Scheme is being implemented by leveraging existing institutional strength and training experience through three components
    • Component I – Institutions/TRAs under MoT
    • Component II – Private Industry Partners in PPP mode
    • Component III – State Government Agencies

  • Launched on: 19th April 2012

  • Launched by: Ministry of Rural Development

  • Aim: To create sustainable livelihoods for marginalized households, in various activities of Tasar sericulture and farm-based interventions

  • Key Features:
    • Multi-State Project for Promotion of Large-Scale Tasar Sericulture Based Livelihoods are implemented
    • It will impact on a significant scale both in terms of livelihood creation at the family level and unleashing sectoral growth in Tasar sericulture.
    • The Fund routing/ Coordinating Agency, CSB would receive funds from the Ministry of Rural Development, GOI in three instalments of 25 (in two tranches of 10 & 15%):50 (on 60% utilization of the first instalment):25 (on 80% utilization of the second instalment).

  • Launched on: 7th Aug 2015

  • Launched by: Narendra Modi

  • Aim: The Government of India is implemented this scheme for development of handloom sector and welfare of handloom weavers throughout the country

  • Key Features:
    • Implemented during the \({12}{th}\) Plan period which provide interventions for cluster development, marketing assistance, concessional credit etc
    • Comprehensive Handlooms Development Scheme CHDS, a component of NHDP, has been formulated by merging three plan schemes i.e. Integrated Handlooms Development Scheme, Marketing & Export Promotion Scheme, and Diversified Handlooms Development Scheme implemented during 11th Plan.
    • Direct transfer of funds in the block with a maximum assistance of up to Rs.2.00 crore for various interventions
    • Besides, financial assistance of up to Rs.50.00 lakh is available for setting up of dye house at a district level.

  • Launched on: 2017

  • Launched by: Ministry of Textiles

  • Aim: To develop Mega Handloom Clusters that is located in clearly identifiable geographical locations that specialize in specific products

  • Key Features:
    • To develop Mega Handloom Clusters that are located in clearly identifiable geographical locations that specialize in specific products
    • The project duration is 5 years
    • The maximum permissible Central cost for each cluster will not exceed Rs.40.00 crore
    • The cluster development approach focuses on the formation of weavers’ groups as a visible entity so that the groups become self-sustainable.
    • A cluster will be set up at a Block level, having a concentration of handlooms
    • While selecting the Block Level Cluster, preference should be given to the clusters having a concentration of weavers belonging to Scheduled Castes community, contiguity of clusters, and backwardness of the cluster

  • Launched on: December 2003

  • Launched by: Government of India

  • Aim: To provide enhanced insurance which covers handloom weavers in the case of natural as well as accidental death or disability

  • Key Features:
    • It is a combination of Janshree Bima Yojana and Add-on Group Insurance Scheme in collaboration with the Life Insurance Corporation of India.
    • The weaver should be earning at least 50% of his income from handloom weaving
    • All weavers must be between the age group of 18 and 59 years
    • Responsibility is given to the State Director in charge of Handlooms to verify the eligibility of the weavers who are proposed to be covered under the scheme.
    • It will be the responsibility of the State Director In charge and LIC to ensure that women weavers, weavers belonging to minorities and weavers of NER States are given adequate representation while implementing the scheme
    • In addition to above, a scholarship of Rs. 300/- per quarter per child is available to students studying in standards IX to XII, for a maximum period of four years or till they complete XII standard, whichever event occurs earlier. The benefit is restricted to two children of the member covered

  • Launched on: August 2016

  • Launched by: Ministry of Labour and Employment

  • Aim: Promoting employment generation

  • Key Features:
    • Budget allocated for this project is Rs. 1000 crores.
    • It is implemented by the Ministry of Labour and Employment in 2016-17
    • The PMRPY scheme is targeted for workers earning wages up to Rs. 15,000/- per month.
    • It will encourage employers including Micro, Small and Medium Enterprises (MSMEs) to avail benefits
    • Under Pradhan Mantri Paridhan Rojgar Protsahan Yojana (PMPRPY), Ministry of Textiles will bear additional 3.67% share of the employer’s contribution of the Employees Provident Fund Scheme in addition to the 8.33% already covered under Pradhan Mantri Rojgar Protsahan Yojana (PMRPY).

  • Launched on: 2015

  • Launched by: Ministry of Women and Child Development

  • Aim: The Ministry of Women and Child Development has issued Guidelines for engagement of Gender Champions by schools and colleges across the country.

  • Key Features:
    • They are envisaged as responsible leaders who will facilitate environment within their schools/colleges/academic They will strengthen the potential of young girls and boys to advocate for gender equality and monitor progress towards gender justice. where girls will be treated with dignity and respect.
    • It is for boys and girls above 16 years of age enrolled in educational institutions.
    • They will strengthen the potential of young girls and boys to advocate for gender equality and monitor progress towards gender justice.
    • They will organize focused group discussions, debates, poster competitions, thematic plays, workshops, etc., identifying gaps in school/college’s activities vis-à-vis gender, and make recommendations on how to address these gaps.

  • Launched on: 23 December 1993

  • Launched by: P. V. Narasimha Rao

  • Aim: The Aim is to enable the Members of Parliament(MP) to suggest and get executed developmental works of capital nature-based on locally felt needs with an emphasis on the creation of durable assets.

  • Key Features:
    • The Members of Parliament Local Area Development Division is responsible for the implementation of Members of Parliament Local Area Development Scheme (MPLADS).
    • Under the scheme, each MP have to choose and suggest to the District Collector for works to the tune of Rs.5 Crores per annum to be taken up in his/her constituency.
    • The Rajya Sabha Members of Parliament can recommend works in one or more districts in the State from where he/she has been elected
    • The Nominated Members of the Lok Sabha and Rajya Sabha may select any one or more Districts from any one State in the Country for implementation of their choice of work under the scheme

  • Launched on: August 2005

  • Launched by: Ministry of External Affairs

  • Aim: It is a scheme that was introduced in response to demands for dual citizenship by the Indian diaspora, particularly in developed countries.

  • Key Features:
    • The Scheme is applicable to those who were citizens of India on 26th January, 1950 or thereafter except who is citizen of Pakistan, Bangladesh or such other country.
    • A registered Overseas Citizen of India will grant multiple entries, multipurpose, life-long visa for visiting India.
    • OCI is exempted from registration with Foreign Regional Registration Officer or Foreign Registration Officer for any days of stay in India.
    • OCI is entitled to all facilities available to them in economic, financial and educational fields except in matters relating to the acquisition of agricultural or plantation properties.

  • Launched on: August 2017

  • Launched by: Government of India

  • Aim: People can now pay later for tickets booked under the tatkal quota on the Indian Railway Catering and Tourism Corp (IRCTC) website

  • Key Features:
    • IRCTC has also introduced a scheme of booking e-ticket online and making payment after 15 days through ‘ePaylater’ powered by Arthashastra Fintech as a pilot project
    • A customer has the option to pay after 15 days of booking an e-ticket through IRCTC website
    • The service charge levied on using ‘ePaylater’ scheme is 3.5 percent of the transaction amount and applicable taxes.
    • Online ticketing through IRCTC website is gaining popularity and its share with regard to counter tickets is increasing
    • It also promotes a cashless mode of transaction.
    • Epay later as a payment option is displayed on the payment page of IRCTC website to make people aware of the availability of this payment method

  • Launched on: April 2015

  • Launched by: Ministry of Heavy Industries & Public Enterprises

  • Aim: To support hybrid/electric vehicles market development and Manufacturing eco- system.

  • Key Features:
    • The scheme includes 4 focus areas that are Technology development, Demand Creation, Pilot Projects and Charging Infrastructure.
    • The phase-I of the scheme is being implemented for a period of 2 years i.e. from 2015 to 2017.
    • It aimed at incentivising all vehicle segments i.e. 2 Wheeler, 3 Wheeler Auto, Passenger 4 Wheeler Vehicle, Light Commercial Vehicles and Buses. The scheme covers Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, and Plugin
    • Under this scheme, about 99000 hybrid/electric vehicles (xEVs) have been given direct supported
    • Department has also approved pilot projects, charging infrastructure projects and technological development projects aggregating to nearly Rs. 155 Crores

  • Launched on: 2003

  • Launched by: Government of India

  • Aim: Aim is to work as a catalyst to promote India’s exports on a sustained basis, based upon ‘Focus Product’ and ‘Focus Market’ concept

  • Key Features:
    • It is an Export Promotion Scheme envisaged acting as a catalyst to promote India’s exports on a sustained basis and assistance for each eligible activity has been fixed.
    • Assistance would be provided to Export Promotion Organizations/Trade Promotion Organizations/National Level Institutions/ Research Institutions/Universities/Laboratories, Exporters etc., for enhancement of exports through accessing new markets or through increasing the share in the existing markets.
    • It will include activities like Marketing Projects Abroad, Capacity Building Support for Statutory Compliances and Studies Project Development Developing Foreign Trade Facilitation web Portal to support Cottage and handicrafts units.

  • Launched on: 8th April, 2015

  • Launched by: Narendra Modi

  • Aim: To give financial support and make them strong.

  • Key Features:
    • A loan scheme for small and marginal fishermen of our country to make them financially strong and to ease their business
    • It will give a loan for the purchase of modern boats so that they can grow their business by venturing into the deep sea.
    • A loan is get up to Rs. 1 crore in money off for the scheme
    • Fisherman rated as being small or marginal in capacity is eligible to take advantage of the scheme.

  • Launched on: 2015

  • Launched by: Ministry of Tourism

  • Aim: To improve pilgrims destination in an organized, prioritized and a sustainable manner

  • Key Features:
    • It is announced during the union budget 2017-2018 and covers 25 cities
    • It will boost an image of India in a foreign country and for this, an incredible 2.0 campaign launched
    • A total budget for this is Rs 100 and focus on improvement and beautification of the classified pilgrimage destinations.

  • Launched on: 19th December 2017

  • Launched by: The Union Ministry of External Affairs (MEA)

  • Aim:

  • Key Features: An overreach mission to take Indian external policy and its global commitments to students beyond the country
    • To make school and college students of India familiar with activities of how the union ministry of External Affairs works. help students to think about voyage as a career option because in India
    • It also gives knowledge about how foreign relations are developed, formed and maintained.
    • An interactive program named “Ask the Spokesperson” on social media

  • Launched on: 20th December 2017

  • Launched by: Narendra Modi

  • Aim: Provide a constant supply and boost skilled workers in a labour-intensive textile sector.

  • Key Features:
    • Cover the whole value string of the textile industry which includes Spinning and Weaving in established Sector
    • It will cost a budget of Rs 1300 crores for a period of 2017 to 2019
    • SCBTS will follow National Skill Qualification Framework with funding measures notified by the Ministry of Skill Development and Entrepreneurship (MSDE)
    • The SCBTS will be implemented all over India and give benefits to all sections of society like Rural, urban, LWE affected, North East and Jammu & Kashmir.
    • A preference will be given to all communities like SC, ST, differently abled, minorities and other vulnerable groups.

  • Launched on: 1st December 2017

  • Launched by : Anupriya Patel, the Union Minister of Health and Family Welfare

  • Aim:
    To eradicate HIV/AIDS by 2030

  • Key Features:
    • The aim is to bring more awareness and a “Community Based Testing” service is provided which takes HIV test and help to those whose result is positive by linking to antiretroviral therapy (ART).
    • It aims to prevent infection from mother to newborn baby and set a strategy 90:90:90 which means 90% of all positive HIV/AIDS, provide a facility of Antiretroviral therapy to 90% all those who are diagnosed and achieve result by suppression of 90% of 90% of all those who are treated by 2020.

  • Launched on: 14th December 2017

  • Launched by: Jammu and Kashmir Bank’s Chairman and CEO Parvez Ahmed

  • Aim: To give easy and hassle-free finance or loan to media professionals.

  • Key Features:
    • The purpose is to make strong and sustain channel of media.
    • It will inspire and encourage young blood to opt for this profession.
    • Journalists can use this loan amount to purchase photographic tools like camera, Laptop, computer, journals, tablet PC and so on.
    • It will give amount from Rs 50000 to 300000 with a setting of 60 EMIs.
    • Jammu and Kashmir bank will keep a margin of 25% it means 75% of loan amount is given and remaining will be given as a line of credit limit.
    • There is a processing fees of Rs 200 plus GST.

  • Launched on: 18th September 2015

  • Launched by: Ministry of Micro, Small and Medium Enterprises

  • Aim: To promote ease of doing business for the MSMEs.

  • Key Features:
    • It is a one-page registration process form for the MSMEs and Udyog Aadhar memorandum serves as a replacement for these forms.
    • The MSMEs has launched an online portal named Udyog Aadhar Portal to fill an online form.
    • The portal will provide all information related to services provided by MSME ministry by enabling Udyog Aadhar Number.
    • By facilitating all kind of services, India’s rank in ease of doing business has been improved.

  • Launched on: 2016

  • Launched by: NITI Ayog

  • Aim: To promote world-class innovation hubs, grand challenges, start-up businesses and many other self-employment activities.

  • Key Features:
    • A budget for AIM is Rs 500 and for SETU is of Rs 100 crore which is set by the NITI Ayog
    • To make Atal Innovation Mission successful, a tool named “SETU” (Self-Employment and Talent Utilization) will be set up.
    • It is a three-stage plan to achieve a goal like a short-term plan, a mid-term plan, and a long-term plan.
    • Its core function is to Promote and Innovate Entrepreneurship by SETU
    • To achieve this, an Atal Incubation Centres, Atal Tinkering Laboratories and Scale-up support to established Incubation Centres (EIC) are set up.
    • NITI Ayog will launch “Mentor India Campaign” which will guide more than 900 students.

  • Launched on : 3rd December 2017

  • Launched by: Vice President of India, Shri M Venkaiah Naidu

  • Aim: To give financial support for the treatment of disability.

  • Key Features:
    • This scheme will benefit more than 4.5 lakhs of disabling and budget for this scheme is of Rs 250 Crore.
    • Each disabled person will get an amount of Rs 5000 just for a one time.
    • A beneficiary must have a unique identity card certified by the competent authority.
    • TO support this scheme, Assam government has proposed a new act name “Assam Employees PRANAM act, 2017” in which each government employee has to give 10% of his salary
    • The government has put an extra weight on the banks to give a loan to disabled for the treatment

  • Launched on : November 2017

  • Launched by : Governement of India

  • Aim: To reach the target of disinvestment of Rs 72,500 crore in the financial year 2017-2018 and measure the performance of the Bharat 22 index.

  • Key Features:
    1. It was declared in the budget of the financial year 2017-2018.
    2. BHARAT 22 ETF is made of 22 influencing companies, traded domestically.
    3. Bharat 22 exchange-traded fund will be managed by India’s one of the best and largest private sector mutual fund company that is ICICI Prudential Mutual Fund AMC

  • Launched on: 22 November 2017

  • Launched by: Narendra Modi

  • Aim: To make an improvement in the child sex ratio especially girl child and their education and employment and quality of life

  • Key Features:
    • It is a one-stop destination for rural women which covers skill development, employment, digital literacy health and nutrition implemented at 14 lakh Anganwadi centres which will benefit 19000 women
    • A budget is of Rs 3636.85 crore for 2017-2020 and out of which 3084.96 is given by the central government and the rest by the state government or any other party.
    • A one-stop centre will give non-stop 24-hour technical and Non- technical services to the women
    • This scheme will give financial assistance of Rs 600 to each rural pregnant woman.
    • A volunteer and Mahila police will help the beneficiaries by explaining the process in the society; certificates will be given by the central government to the volunteers.

  • Launched on: January 2014

  • Launched by: Narendra Modi

  • Aim: To reduce malnutrition and low birth weight by 2% each year.

  • Key Features:
    • This will link to create synergy and the link existing schemes and benefit more than 10 crore people.
    • The mission is implemented by the Ministry of Women and Child Development.
    • In a pilot project, 315 critically affected districts will be targeted
    • As per National Family Health Survey, 38.4% children are suffering from malnutrition and a target is to reduce 25% by 2022

  • Launched on: October 16, 2017

  • Launched by: Government of India

  • Aim: To make sure that farmers get reasonable prices for their crops

  • Key Features:
    • To hedge price risks in agriculture items by announcing minimum support price to make sure that farmer will get fair prices for their products.
    • It also shields farmers from losses caused by natural causes.
    • Farmers will be compensated the difference between minimum support price and actual selling price which one is higher and this will be deposited in an account within 2 months
    • To avail, the benefits farmers have to register with village-level cooperative societies along with their Aadhaar and bank account numbers.
    • Farmers have to sell their crops only in mandis and obtain a receipt for the same
    • It will cover Soybean Groundnut, Til, Ramtil, Maize, Moong, Urad and Tuar Daal.

  • Launched on : November 3, 2017

  • Launched by: Government of India

  • Aim: To promote food business by attracting investment all over the globe.

  • Key Features :
    • It is launched during the World Food India 2017 expo which was organized in New Delhi
    • This will work as an effective and transparent tool to implement food safety law and focuses on six key areas like food standards, consistent enforcement, hassle-free food imports, credible food testing and codified food safety practices of the food sector
    • It aims “one nation, one food law”.
    • It assists investors to take investment decisions and provide information about Central and State Governments policies, agro-producing clusters, infrastructure, and potential areas of investment in the food-processing sector.
    • In world food expo, more than 150 CEOs from all over the world attend an event and target is to attract 65000 crores of investment which creates 10 lakh jobs.

  • Launched on: 2014

  • Launched by: Government of India

  • Aim: To Recognize and groom young blood in a sport

  • Key Features:
    • This will cost Rs 1756 Crore and cover almost 1000 young players
    • It will give a scholarship of Rs 5 lakh to each player for 8 continuous years.
    • It is promoted in 20 universities all across India by campaign like “Sports for All” and “Sports for Excellence”.
    • It aims to raise the standard of competition and to attract a maximum number of players.
    • It will also run a campaign for fitness and to encourage for a healthy lifestyle which covers 200 million children in the age group of 10-18.

  • Launched on: 2017

  • Launched by: Government of India

  • Aim: To give social security during old age.

  • Key Features :
    • It is a part of financial inclusion and implemented by Life Insurance Corporation of India (LIC)

    • A person must be at an age of 60 years or above to invest and LIC will give guaranteed 8% of return for 10 years.

    • Maximum investment is Rs 7,50,000 and the minimum investment is yet not decided.

    • This scheme is active only for one year after the launching date and income generated from it is applicable under tax rules.

  • Launched on: 16th March 2017

  • Launched by: Government of India

  • Aim: To promote the use of green public transports and reduce carbon emissions from the environment.

  • Key Features:
    • The scheme will cover 103 cities which have 5 lakh populations and implemented for a period of 7 years.
    • It involves activities like setting up of footpaths, cycle tracks, public bike sharing, bus rapid transit (BRT) systems, intelligent transport system, non-fossil fuels for public transport and urban freight management and innovating financing for transport systems.
    • This scheme requires Rs.70, 000crores to implement and for this urban local body will contribute 10%, Centre and states government will 30% and the remaining is arranged as a loan from multilateral agencies.
    • This scheme will increase private sector participation by an edition of Metro Acts and Standardisation and Indigenisation of Metro systems, new Metro Rail Policy.

  • Launched on: 3rd April 2017

  • Launched by: Union Textiles minister Smriti Zubin Irani

  • Aim: To provide financial assistance to weaker and low-end power units

  • Key Features:
    • Power Tex India Scheme will run only for 3 years from 2017-2020.
    • It is specifically designed for small power to loom weavers to survive in competition and for this subsidy is increased by 30% and those who use solar power plants will give 50%
    • It will give big relief to Indian state especially Maharashtra and Tamilnadu which counts almost 75% of power loom units.
    • Components of this scheme are In-situ up gradation scheme of Plain Power looms, Group Workshed Scheme (GWS), Yarn Bank Scheme, Common Facility Centre and Other components are like Facilitation, IT, Awareness, Market Development and Publicity for Power loom Schemes, Tax Venture Capital Fund, Modernisation & Upradation of Power loom Service Centres (PSCs).

  • Launched on: 2000

  • Launched by: Central Government of India

  • Aim: To generate employment and promote public transport facility.

  • Key Features:
    • This scheme will fill the gap between cities and villages where roads are constructed but have not enough public transportation facility.
    • This scheme also provides an interest-free loan to women self-help groups to purchase a commercial vehicle which must be 10 seaters and run 20-22 km per day.
    • A loan is up to Rs 600000 to purchase a commercial vehicle and government gives up to 35% as a subsidy. so, the applicant has to repay only 65% of the amount
    • It provides an opportunity to the rural people to enhance their trade and businesses.
    • This scheme solves many issues like schooling of children, office place which cased due to lack of transportation.

  • Launched on: 10 june 2017

  • Launched by: NITI Aayog

  • Aim: To provide ‘Sustainable Action for Transforming Human capital’

  • Key Features:
    • This scheme will transform education and health sector by discussing the need for many states for technical support
    • SATH programme is meant to identify and form a role model for health and education system.
    • For this, NITI Ayog will work with state government to frame a roadmap, mechanisms for monitoring and tracking and to support a number of organizations to achieve an end result
    • It is implemented by collaborating with McKinsey & Company and IPE Global consortium.
    • NITI will follow a three-stage procedure like Expression of interest, presentations by the states and assessment of commitment to health sector reforms.
    • The states presented their project proposal to a Committee headed by Member of NITI Aayog, Shri Bibek Debroy and a representative from the Ministry of Health and Family Welfare.