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The subsidy for kerosene, started in the 1950s, was slowly decreased since 2009 and eliminated in 2022. [ 11 ] [ 12 ] [ 13 ] Implementation of government schemes varies between schemes, and locations, and depends on factors such as evaluation process, awareness, accessibility, acceptability, and capability for last-mile implementation. [ 14 ]
The features of Pradhan Mantri Awas Yojana are that the government will provide an interest subsidy of 6.5% (for EWS and LIG), 4% for MIG-I and 3% for MIG-II [11] [12] on housing loans availed by the beneficiaries for a period of 20 years under credit link subsidy scheme (CLSS) from the start of a loan. The houses under Pradhan Mantri Awas ...
Subsidies take various forms— such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. [2] For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to ...
Some of the major initiatives taken so far to rationalise the budgetary subsidies include targeted approach to food subsidy (BPL families) under Public Distribution System, allowing Food Corporation of India (FCI) to access market loans carrying lower interest rates, encouraging private trade in food grains, liquidating excess food grain stocks ...
Deen Dayal Upadhyaya Antyodaya Yojana or DDUAY is one of the Government of India scheme for helping the poor by providing skill training. It replaces Aajeevik. The Government of India has provisioned ₹ 500 crore (US$58 million) for the scheme. The objective of the scheme is to train 0.5 million people in urban areas per annum from 2016.
In 2016, MPOWER opened an India office, in Bangalore. [9] In July 2017, Mpower Financing's services became available in all 50 states due to a partnership between the company and Bank of Lake Mills. [10] In August 2017, Mpower Financing announced a $100 million debt round in order to offer more student loans. [10]
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Low-interest loans for students. [51] Baristha Nagarika Tirtha Jatra Jojana: July 2016: Tourism Department: Tourist Welfare: The scheme is envisaged to help senior citizens over 60–75 years of age to undertake pilgrimage on trains with government assistance [52] ଉଜ୍ଜ୍ବଳ ଯୋଜନା Ujjwal Scheme: 7 April 2016