List of schemes by Modi government:
In this article we have compiled the list of important centrally sponsored schemes by the Modi government. Read it carefully its very important for all competitive exams. Questions from Scheme asked in generally GA Section which play a major role in any exam.
1.Jan Dhan Yojna
The Indian Government launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) in order to provide financial services and products to individuals who do not have access to a bank account.
Purpose: To connect more and more peoples from the banking services
- The scheme was launched in 28th August 2014
- PMJDY zero balance account.
- No minimum balance to be maintained
- Rate of interest of 4% p.a.
- Transfer of money is simple
- Overdraft facility available
- Individuals receive Accidental Insurance cover of 1 lakh under the RuPay scheme.
- In case individuals are beneficiaries of government schemes, Direct Benefit Transfer option is provided.
- An overdraft facility of Rs.5,000 is provided to one account in the household. The facility is usually provided to the lady in the house.
- The Personal Accident cover can be claimed only after the RuPay Card holder has made a successful non-financial or financial transaction. Transactions made within 90 days of the accident are considered to be PMJDY eligible transactions under the scheme. However, the transaction must be made at an E-COM, POS, ATM, Bank Mitra, bank branch, etc.
- In order for individuals to open a PMJDY account, the below given criteria must be met:
- Under the scheme, accounts can only be opened by Indian citizens.
- Individuals can visit any bank branch or Business Correspondent (Bank Mitr) outlet to open an account under the PMJDY scheme.
- The savings account can be opened at a bank by minors who are above the age of 10 years old.
2. Make in India
- Launched: 28 September, 2014 (by PM Modi)
- Purpose: Promoting manufacturing Sector in the country
- Manufacturing currently contributes just over 15% to the national GDP. The aim of this campaign is to grow this to a 25% contribution as seen with other developing nations of Asia.
- Logo: Make In India campaign is a an elegant lion, inspired by the Ashoka Chakra.
- For the Make in India campaign, the government of India has identified 25 priority sectors that shall be promoted adequately. These are the sectors where likelihood of FDI (foreign direct investment) is the highest and investment shall be promoted by the government of India.
|Automobiles||Food Processing||Renewable Energy|
|Automobile Components||IT and BPM||Roads and highways|
|Biotechnology||Media and Entertainment||Textiles and garments|
|Construction||Oil and Gas||Tourism and Hospitality|
3. Swachh Bharat Abhiyan (SBA) or Swachh Bharat Mission (SBM)
- Launched: 2nd October 2014
- Purpose: Nation-wide campaign in India for the period 2014 to 2019 that aims to clean up the streets, roads and infrastructure of India’s cities, towns, urban and rural areas.
- Aims: eradicate open defecation by 2 October 2019, the 150th anniversary of the birth of Mahatma Gandhi, by constructing 90 million toilets in rural India at a projected cost of ₹1.96 lakh crore (US$28 billion). The national campaign spans 4,041 statutory cities and towns.
4. Sansad Adarsh Gram Yojana
- Launched: 11 October, 2014 (Launched by the Prime Minister of India, Narendra Modi on the birth anniversary of Jayaprakash Narayan).
- Aims: The development of model villages, called Adarsh Grams, through the implementation of existing schemes, and certain new initiatives to be designed for the local context, which may vary from village to village.
- Creating models of local development which can be replicated in other villages.
List of a few important adoptions by MPs:
- Under the scheme, Narendra Modi has adopted Jayapur village his constituency Varanasi in Uttar Pradesh.
- S. Chowdary has adopted Ponnavaram village in Krishna district in Andhra Pradesh.
- Sonia Gandhi adopted Udwa village in her constituency Rae Bareli in Uttar Pradesh.
- Rahul Gandhi adopted Deeh village in his constituency Amethi in Uttar Pradesh.
- K. Singh adopted Mirpur Hindu in his constituency Ghaziabad, Uttar Pradesh.
- Ahmed Patel adopted Vandari village in Rajpipada, Gujarat.
- Sachin Tendulkar adopted Puttamraju vari Kandriga (P.R.Kandriga) a village near Gudur in Nellore district of Andhra Pradesh. And Donja village in Osmanabad district of Marathwada, Maharastra.
- Harish Dwivedi adopted Amorha Khas village in Basti district, Uttar Pradesh.
- Kamal Nath adopted Bisapur Kalan village in Chhindwara district, Madhya Pradesh.
5. Shramew Jayate Yojana
- Launched: 16 October, 2014
- Purpose: Plan dedicated to labour development
- These initiatives taken for enhancing ease of compliance, increasing productivity and employability in the country are commendable and I congratulate the (Labour) Ministry and the team for this.
6. Beti Bachao, Beti Padhao (Save the daughter, educate the daughter)
Launched: 22 January, 2015
Purpose: The goal of this scheme is to make girls socially and financially self-reliant through education.
Aims: Generate awareness and improve the efficiency of welfare services intended for girls in India. The scheme was launched with an initial funding of ₹100 crore (US$14 million). It mainly targets the clusters in Uttar Pradesh, Haryana, Uttarakhand, Punjab, Bihar and Delhi.
7. Hridaya Plan
- Launched: 21 January, 2015
- Purpose: To take care of world heritage sites and to make these sites economically viable.
- Aims: Bringing together urban planning, economic growth and heritage conservation in an inclusive manner to preserve the heritage character of each Heritage City.
- Note: With a duration of 4 years (completing in November 2018) and a total outlay of ₹500 crore (US$72 million), the Scheme is set to be implemented in 13 identified Cities namely, Ajmer, Amaravati, Amritsar, Badami, Dwarka, Gaya, Kanchipuram, Mathura, Puri, Varanasi, Velankanni, Vellore and Warangal.
8. Pradhan Mantri MUDRA Yojana (PMMY)
- Launched: 8 April , 2015 (launched by the Hon’ble Prime Minister Modi)
- Aims: Micro Units Development & Refinance Agency Ltd. (MUDRA) is a new institution set up by Government of India to provide funding to the non-corporate, non-farm sector income generating activities of micro and small enterprises whose credit needs are below ₹10 Lakh.
Under the aegis of Pradhan Mantri MUDRA Yojana (PMMY), MUDRA has created three products i.e. ‘Shishu’, ‘Kishore’ and ‘Tarun’ as per the stage of growth and funding needs of the beneficiary micro unit. These schemes cover loan amounts as below:
Shishu: covering loans up to ₹50,000
Kishore: covering loans above ₹50,000 and up to ₹5,00,000
Tarun: covering loans above ₹5,00,000 and up to ₹10,00,000
Note: These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs.
9. Ujala Yojna
- Launched: 1 May, 2015
- Purpose: Distribution of LED bulbs at low price to reduce electricity consumption
- Overall target of number of LED lights to be replaced in 3 years – 770 million
- Expected annual energy savings – 105 bn KWh
- Expected reduction of peak load – 20,000 MW
- Annual estimated greenhouse gas emission reductions – 79 million tonnes of CO2
10. Atal Pension Yojna
- Launched: 9 May, 2015
- Purpose: Monthly pension for people from the unorganized sector b/w age of 18 to 40
- Guaranteed monthly pension for subscribers, ranging from 1,000 to Rs. 5,000 per month.
- Government of India (GoI) will also co-contribute 50% of the subscriber’s contribution or Rs. 1,000 per annum, whichever is lower. The Government co-contribution is available for those who are not covered by any Statutory Social Security Schemes and is not an Income Tax payer
- GoI will co-contribute to each eligible subscriber, for a period of 5 years who joins the scheme in the period June 1 to December 31, 2015. The benefit of five years of Government co-contribution under APY would not exceed 5 years for all subscribers including migrated Swavalamban beneficiaries.
11. Prime Minister Jyoti Jyoti Bima Yojna
- Launched: 9 May, 2015
- Purpose: Life Insurance of Rs. 2 lakh for people b/w 18 to 50 years (@Premium of Rs. 330 per annum)
- Eligibility: Account holders between 18 years (completed) and 50 years (age nearer birthday) who have given the consent to join the scheme / enable auto-debit, as per the modality, will be enrolled into the scheme.
- Policy period: The cover shall be for one year starting from June 1 to May 31 of next year. For the Savings Account holder joining on or after June 1, the cover shall commence from the date of Account holder’s request and end on May 31 of next year.
- Premium: As per the earlier guidelines by Ministry of Finance, the annual premium for PMJJBY scheme was constant at Rs 330 for a period of 1 year starting from June 1 to May 31 irrespective of the request date of the customer into the scheme.
with effect from September 1, 2018, Ministry of Finance has revised the premium payment structure on quarterly basis depending on the request date of the Account holder into the scheme.
- The revised structure is as follows:
June, July and August – Annual Premium of Rs 330 is payable
September, October and November – Premium of Rs 258 is payable
December, January and February – Premium of Rs 172 is payable
March, April and May – Premium of Rs 86 is payable.
- Payment Mode: The premium will be directly auto-debited by the bank from the Account holder’s Savings Account held with the Bank. This is the only mode available currently. For renewal of the policy, it will be auto debited between May 25 and May 31, unless the customer has given the cancellation request to the bank for the policy.
- Risk Coverage: Sum assured of Rs 2 lakh on death of the Insured member for any reason is payable to the Nominee.
12. Pradhan Mantri Suraksha Bima Yojana
- Launched: 9 May, 2015
- Purpose: General insurance / accident insurance for people between 18 and 70 years of 2 lakh (at premium of 12 Rs. / year)
- Eligibility: Account holders between 18 years (completed) and 70 years (age nearer birthday) who give their consent to join / enable auto-debit, as per the modality, will be enrolled into the scheme.
- Policy period: The cover shall be for one year starting from June 1 to May 31 of next year. For the Saving Account holder joining on or after June 1, the cover shall commence from the date of premium debit and end on May 31 of next year.
- Premium: 12 per annum.
- Payment Mode: The premium will be directly auto-debited by the Bank from the subscribers savings account held with the Bank. This is the only mode available. For renewal of the policy, it will be auto debited between May 25 and May 31, unless the customer has given a cancellation request to the Bank for the policy.
- Risk Coverage: Total coverage (sum-insured) under the scheme is 2 Lakh.
13. Smart city scheme
Launched: 25 June, 2015
Purpose: Developing 100 selected cities of the country as smart cities from 2015 to 2020
Funding: ₹98,000 crore (US$14 billion)
Aims: Smart Cities Mission, sometimes referred to as Smart City Mission, is an urban renewal and retrofitting program by the Government of India with the mission to develop 100 smart cities across the country making them citizen friendly and sustainable. The Union Ministry of Urban Development is responsible for implementing the mission in collaboration with the state governments of the respective cities.
On 7 September 2019, the 10,000-acre Aurangabad Industrial City (AURIC) in Aurangabad, Maharashtra was inaugurated as the first greenfield industrial smart city of India.
14. AMRUT Plan
Launched: 25 June, 2015
Purpose: Developing all the basic amenities in more than 500 cities which have more than one lakh population.
Funding: About ₹1 lakh crore (US$14 billion) investment on urban development under Smart Cities Mission and the Atal Mission for Rejuvenation and Urban Transformation of 500 cities has already been approved by the government
Aims: The purpose of Atal Mission for Rejuvenation and Urban Transformation (AMRUT) is to (i) ensure that every household has access to a tap with assured supply of water and a sewerage connection; (ii) increase the amenity value of cities by developing greenery and well maintained open spaces (e.g. parks); and (iii) reduce pollution by switching to public transport or constructing facilities for non-motorized transport (e.g.walking and cycling).
Target: Some of the broad targets of AMRUT scheme are ascertaining that every one has access to tap water and sewerage facilities, greenery like parks and open spaces are well maintained, digital and smart facilities like weather prediction, internet and WiFi facilities, pollution reduction by encouraging the public for using cheaper but secure public transport etc.
15. Digital India Mission
Launched: On 1 July 2015 by Indian Prime Minister Narendra Modi, it is both enabler and beneficiary of other key Government of India schemes, such as BharatNet, Make in India, Startup India and Standup India, industrial corridors, Bharatmala, Sagarmala.
Purpose: Making all government services electronically available to the public
Target: Digital India is a campaign launched by the Government of India in order to ensure the Government’s services are made available to citizens electronically by improved online infrastructure and by increasing Internet connectivity or making the country digitally empowered in the field of technology. The initiative includes plans to connect rural areas with high-speed internet networks. Digital India consists of three core components: the development of secure and stable digital infrastructure, delivering government services digitally, and universal digital literacy.
16. SKILL India Mission
Launched: Skill India campaign was launched by Prime Minister Narendra Modi on 15 July 2015 to train over 40 crore people in India in different skills by 2022.
Purpose: Skill Development in Youth
Various initiatives under this campaign are:
National Skill Development Mission
National Policy for Skill Development and Entrepreneurship, 2015
Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
Skill Loan scheme
Rural India Skill
17. Gold Monetization Scheme
Launched: 5 November, 2015
Purpose: The Gold Monetisation Scheme is relatively new – it was introduced by the Central Government only in 2015-16. The objective is to simultaneously safeguard the gold held in Indian households as well as put it to productive use. The larger objective is to cut down the country’s gold imports by decreasing domestic demand. India, incidentally, is the second-largest consumer of gold after China.
18. Sovereign Gold Bond Scheme
Launched: 5 November, 2015
What is Sovereign gold bonds were introduced by the Government of India in 2015 under the Gold Monetization Scheme. The gold bonds are issued every month from October 2019 to March 2020. Under this scheme, the issues are offered in tranches by the Reserve Bank of India in consultation with the Government of India.
The bonds will be denominated in the multiples of a gram of gold with the minimum unit of 1 gram. The interest for the gold bonds will be 2.50% per annum which is payable semi-annually on the nominal value. The tenure of the bond will be for a period of 8 years with an exit option available in the 5th, 6th and 7th year on the dates of interest payment. The maximum limit of gold which can be subscribed by an individual is 4 kg for, 4 kg for a Hindu-Undivided Family and 20 kg for trusts and other similar entities. If the gold bonds are co-owned, the limit of investment will be 4kg which will be applied to the first applicant only.
The gold bonds will be issued as stocks under the Government Security Act, 2006. The investors will also be given a Holding Certificate for the same.
Some of the advantages of investing in gold bonds are:
These bonds can also be used as collateral for loans.
The payment for the bonds can be made with cash up to a maximum of Rs.20,000 or demand draft, cheque or through e-banking.
These bonds are eligible to be converted into DEMAT form.
Gold bonds are a form of security as they are issued in the form of the Government of India stock.
The gold bonds which you invest in will be not subjected to tax. The tax benefit is given to the interest you will receive from the investment.
Launched: 20th November, 2015
Purpose: Ujjwal DISCOM Assurance Yojana (UDAY) is the financial turnaround and revival package for electricity distribution companies of India (DISCOMs) initiated by the Government of India with the intent to find a permanent solution to the financial mess that the power distribution is in. It allows state governments, which own the DISCOMs, to take over 75 percent of their debt as of September 30, 2015, and pay back lenders by selling bonds. DISCOMs are expected to issue bonds for the remaining 25 percent of their debt.
Target: The scheme was announced by Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy (Now Railway minister and coal minister) in November 2015. The scheme is optional for the states to join. Jharkhand became the first state to come under uday scheme. Other states that have given their in-principle approval are Gujarat, Chhattisgarh, Andhra Pradesh, Karnataka, Rajasthan, Punjab, Haryana, Jammu and Kashmir, Himachal Pradesh, Madhya Pradesh, Uttarakhand, Telangana, Assam.
Recently Uttar Pradesh, Bihar, Maharashtra, Tamil Nadu and Mizoram joined, thereby making the total of 27 states to have joined. Till November 2017, only states that have not joined it are Odisha and West Bengal. Till now 31 states/UT have joined this scheme Mizoram being the 27th state to join. Lakshadweep joined the scheme on 28 February, 2018, bringing the total of states and Union Territories covered to 32.
20. Start-up India
Launched: 16 January, 2016
Purpose: To Promote new enterprises
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
(i)Simplification and Handholding.
(ii)Funding Support and Incentives.
(iii)Industry-Academia Partnership and Incubation.
- 10,000 crore startup funding pool.
- Reduction in patent registration fees.
- Improved Bankruptcy Code, to ensure a 90-day exit window.
- Freedom from mystifying inspections for first 3 years of operation.
- Freedom from Capital Gain Tax for first 3 years of operation.
- Freedom from tax for first 3 years of operation.
- Self-certification compliance.
- Created an Innovation hub, under the Atal Innovation Mission.
- To target 5 lakh schools, and involve 10 lakh children in innovation-related programmes.
- New schemes to provide IPR protection to startup firms.
- Encourage entrepreneurship within the country.
- Promote India across the world as a start-up hub.
- Built Startup Oasis as Rajasthan Incubation Center
21. Setu Bhartam Yojna
Launched: 4 March , 2016
Purpose: Construction of Over and Under Bridge to make National Highways Railway Crossing free.
Setu Bharatam was launched by Prime Minister Narendra Modi on 4 March 2016 at a budget of ₹102 billion (US$1.5 billion), with an aim to make all national highways free of railway crossings by 2019.
22. Stand Up India
Launched: 5 April, 2016
Purpose: Standup India was launched by Government of India on 5 April 2016 to support entrepreneurship among women and SC & ST communities.
It is similar to but distinct from Startup India. Both are enabler and beneficiary of other key Government of India schemes, such as Make in India, Industrial corridor, Dedicated Freight Corridor, Sagarmala, Bharatmala, UDAN-RCS, Digital India, BharatNet and UMANG.
Target: The scheme offers bank loans of between ₹10 lakh (US$14,000) and ₹1 crore (US$140,000) for scheduled castes and scheduled tribes and women setting up new enterprises outside of the farm sector.
23. Gramoday Se Bharat Uday
Launched: 14th April to 24th April, 2016
About: Government of India in association with the States governments is celebrating “Gramoday Se Bharat Uday Abhiyan” (Development of villages leading to the development of the country) from 14th April to 24th April, 2016, beginning with the Birth Anniversary of Dr. B R Ambedkar on 14th April and culminating with “Panchayati Raj Day” celebrations on April 24, 2016.
Aims: This campaign is to make nationwide efforts to strengthen the Panchayati Raj system, and through it, boost social harmony in the villages, promote rural development, foster farmers’ welfare and enhance the livelihoods of the poor.
24. Prime Minister Ujjwala Plan
Launched: 1 May, 2016
Purpose: Pradhan Mantri Ujjwala Yojana (PMUY) was launched by Prime Minister of India Narendra Modi on 1 May 2016 to distribute 50 million LPG connections to women of BPL families.
Funding: A budgetary allocation of ₹800 billion (US$12 billion) was made for the scheme.
25. Namami Gange Yojna
Launched: 7 July, 2016
Purpose: Namami Gange Programme’, is an Integrated Conservation Mission, approved as ‘Flagship Programme’ by the Union Government in June 2014 with budget outlay of Rs.20,000 Crore to accomplish the twin objectives of effective abatement of pollution, conservation and rejuvenation of National River Ganga.
Main pillars of the Namami Gange Programme are:-
- Sewerage Treatment Infrastructure
- River-Front Development
- River-Surface Cleaning
- Public Awareness
- Industrial Effluent Monitoring
- Ganga Gram
26. Ayushman Bharat Yojana (PMJAY)
Launched: 23 September 2018
Aims: help economically vulnerable Indians who are in need of healthcare facilities.
Benefit: The Ayushman Bharat Yojana – National Health Protection Scheme, which has now been renamed as Pradhan Mantri Jan Arogya Yojana, plans to make secondary and tertiary healthcare completely cashless. The PM Jan Arogya Yojana beneficiaries get an e-card that can be used to avail services at an empanelled hospital, public or private, anywhere in the country. With it, you can walk into a hospital and obtain cashless treatment.
All in all, PMJAY and the e-card provide a coverage of Rs. 5 lakh per family, per year, thus helping the economically disadvantaged obtain easy access to healthcare services.
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