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The scheme resulted in 36.86 crore new in-use bank accounts by mid-2021. [90] [91] Deendayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY, Deen Dayal Upadhyaya Rural Skills Schemes) — MRD: 2014: Skill Development: A scheme to engage rural youth, especially BPL and SC/ST segments of the population, in gainful employment through skill training ...
Centrally Sponsored Schemes (CSS) are schemes that are implemented by state governments of India but are largely funded by the central government with a defined state government share. Examples of such schemes include the Mahatma Gandhi National Rural Employment Guarantee Act and the Pradhan Mantri Gram Sadak Yojana .
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 ...
The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees. The scheme is designed to consolidate various existing ...
The Scheme is operated by both government agencies and private entrepreneurs. [7] 1. The incentive provided to the Kendra owners has been enhanced from existing ₹2.50 lakh to up to ₹5.00 lakh to be given at 15% of monthly purchases made, subject to a ceiling of ₹15,000/- per month. 2.
The scheme was further extended to November 2020 in a later address to the nation by Modi. By the end of May 2020, the food ministry estimated that the program had reached 740 million beneficiaries. Praising the program, a government official noted the coverage under the welfare scheme as "impressive". [23]
The PMGSY is under the authority of the Ministry of Rural Development and was begun on 25 December 2000. [6] It is fully funded by the central government. During November 2015, following the recommendations of the 14th Finance Commission, the Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes, it was announced that the project will be funded by both the central ...
While the scheme was initially designed for government employees only, it was opened up for all citizens of India in 2009. NPS is an attempt by the government to create a pensioned society in India. Today, the NPS is readily available and tax efficient under Section 80CCC and Section 80CCD.