Latest Schemes by Government – Part 1

Atal Mission For Rejuvenation & Urban Transformation (AMRUT) Launched:

Ministry of Urban DevelopmentLaunch Year: 2015

Outlay: Rs. 50,000 Cr

Target: 2 Crore houses for 500 Cities.

Duration: 5 Years (2015-16 to 2019-20)

(JNNURM) Jawaharlal Nehru National Urban Renewal Mission renamed as AMRUT.

It will provide basic infrastructure like water & electricity supply, sewerage, transport and green space park .

Smart City Mission

Launched: Ministry of Urban Development

Launch Year: 2015

Outlay: Rs. 98,000 Cr

Target: 100 cities by 2022

Sector: Urban Development

20 cities that meet the criteria will be going to fund for the first year of implementation, followed by 40 each over the next two years.

Digital India

Launched: Ministry of Communication and Information Technology

Launch Year: 2015 completed by 2019

Outlay: Rs. 1 Lakh Cr

Target: 9 pillars.

Expected to generate more than 5 crore jobs.

Broadband Highways–rural, urban–by 2017.

Sector: Digitally Empowered nation.

The aim of this project is to bring the whole of India under the IT umbrella and provide all government services through the internet for which there will be massive need for an IT Infrastructure covering the whole of India.


Digi Locker is another Digital India initiative launched by the Government of India. Released by the Department of Electronics & Information Technology (DEITY), Ministry of Communications & IT, Digit Locker is an online Locker to save your official and other documents

You can not only store your official documents like mark sheets, Pan cards, Passports, certificates, voter id cards, etc. but also store Uniform Resource Identifier (URI) link documents issued by various departments. You can digitally sign edocuments with the esign facility provided by this system.

You will be allotted a storage space of 1 GB linked with his or her Aadhaar number.

You can also sign in using your Gmail ID or Facebook ID.

Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY)

Launched: Ministry of Women and Child Development

Launch Year: 22 January 2015

Deposit: min Rs. 1000 – max Rs.1.5 Lakh per year

Age: Below 10 years and deadline is 18 years

Sector: Women Empowerment

It is a small deposit savings scheme for a girl child. Under this, a saving account can be opened in the name of girl child and deposits can be made for 14 years. After the girl reach 18 years of age, she can withdraw 50% of the amount for marriage or higher study purposes.

After the girl completes 21 years of age, the maturity amount can be withdrawn including the interest at rates decided by Government every year.

In case of more than one girl child, parents can open another account on the different name but only for 2 girl child. Only exception is that the parents have twins and another girl child.


Launched: Ministry of Women and Child Development

Launch Year: 2015

Outlay: Initial corpus of Rs 100 crore

Target: Hundred districts across the country.

Sector: Women Welfare

Aim: To generate awareness and improve the efficiency of welfare services meant for women.

In Haryana where the child sex ratio (CSR) is too low,12 districts have been chosen specially for this scheme.


Launched: Ministry of Rural Development

Launch Year: 2014

Outlay: Initial corpus of Rs 100 crore

Target: For developing model villages through implementation of existing schemes.

Under the scheme, each Member of Parliament will take the responsibility of developing physical and institutional infrastructure in three villages and turn them into model villages by 2019 and a total of eight villages each by 2024.


It is also known as DBTL (Direct benefit Transfer for LPG)

More than 60 per cent of LPG customers in the country have joined the ambitious PAHAL scheme for receiving cash subsidy so that they can buy cooking gas (LPG) at market price.

Over 9 crore consumers, out of a total customer base of 15.33 crore, have joined the Direct Benefit Transfer for LPG (DBTL) scheme and Rs 2,262 crore in cash has been transferred to them.


Launched: Ministry of Power

Launch Year: 2015

Outlay: 756 billion

Sector: Rural Power Supply

Replaced: Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY).

The scheme is likely to work towards improvement in hours of power supply in rural areas, reduction in peak load, improvement in billed energy based on metered con and providing access to electricity to rural households.


Union Ministry of Science& Technology announced “KIRAN” (Knowledge, Involvement, Research and Advancement through Nurturing) scheme for Women Scientists

Its main aim is to increase the number of women researchers in India. Provide Research grants particularly to those female researchers and technologists and to Bring about, as far as achievable, gender parity in the field of science and technology.


Launched: Ministry of Finance

Launch year: 2014

Sector: Financial inclusion

Validity of life Insurance cover: 30,000 Rs is just 5 years.

Main objective: To provide universal and clear access to banking facilities starting with basic banking accounts with overdraft facility of Rs. 5000 (Zero-balance bank account)

Guinness world Records Recognises the achievements made under PMJDY- 18,096,130 bank accounts opened.

After Six months of opening of the bank account, holders can avail Rs.5,000 overdraft from the bank. This facility is for Aadhar-linked accounts

Recently, RBI said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending. (PSL)


Launched: Ministry of Finance

Launch year: 2015

Sector: Insurance

Objective:Accident insurance scheme with annual premium of Rs.12

Age: 18 to 70 years

Death or full disability Rs. 2 Lakh

Partial disability Rs. 1 Lakh

The premium will be directly auto-debited by the bank from the subscribers’ account.


Launched: Ministry of Finance

Launch year: 2015

Sector: Insurance

Objective: Accident insurance scheme

Age: 18 to 50 and having a bank account.

Premium: Rs.330 per annum. It will be auto-debited in one instalment.

Payment Mode: Directly auto-debited by the bank from the subscribers account.

Risk Coverage: Rs.2 Lakh in case of death for any reason.

Terms of Risk Coverage:

A person has to opt for the scheme every year. He can also prefer to give a long-term option of continuing, in which case his account will be auto-debited every year by the bank.

Pradhan Mantri MUDRA Yojana (PMMY)

Launched: Micro Units Development and Refinance Agency(MUDRA) bank

Launch Year: 2015

Main Objective: Financial support for growth of micro enterprises sector.

Target: Loans from Rs. 50 thousand to 10 Lakh to start/grow their business under the three, Shishu, Kishore and Tarun categories of the scheme.

1. Shishu: Loan upto Rs. 50,000

2. Kishore: Loan ranging from Rs. 50,000 to 5 lakh

3. Tarun: Loan above 5 lakh and below 10 lakh

Budget allocated: Rs 2.44 lakh crore for 2017-2018

Atal Pension Yojana (APY)

Launched: Pension Fund Regulatory

Launch Year: 2015

Age: 60 years

The scheme provides a monthly pension of Rs 1000 to Rs. 5000 per month based on the contribution amount.

Sector: Increase the number of people covered under any kind of pension scheme.

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Latest Schemes by Government Part 2 will Update soon (Tomorrow at 10 am)