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The Prime Minister's Youth Programme is a special initiative launched by the Pakistani government in 2013 - 2018. The Youth Programme comprised several schemes including Prime Minister's Interest-Free Loan Scheme, Prime Minister's Youth Business Loans, Prime Minister's Youth Training Scheme, Prime Minister's Youth Skills Development Scheme, Prime Minister's Scheme for Provision of Laptops and ...
Joint Liability Group is a group of 4-10 people of the same village or locality of homogenous nature and of the same socioeconomic background who mutually come together to form a group for the purpose of availing loan from a bank without any collateral.
The first urea subsidy scheme was in 1977 in the form of Retention Price cum Subsidy scheme (RPS). From ₹ 4,389 crore (US$2.51 billion) in 1990 to ₹ 75,849 crore (US$17.43 billion) in 2008. As %ofGDP this is an increase from 0.8% to 1.5%. In 2022-23 financial outlay is ₹ 63,222 crore (equivalent to ₹ 710 billion or US$8.2 billion in 2023).
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
SGSY is now remodelled to form NRLM, thereby plugging the shortfalls of the SGSY programme. [1] This program was launched in 2011 with a budget of $5.1 billion and is one of the flagship programs of the Ministry of Rural Development. This is one of the world's most prominent initiatives to improve the livelihood of the poor.
Priority sector lending is lending to those sectors of the economy which may not otherwise receive timely and adequate credit. This role is assigned by the Reserve Bank of India to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro- and small enterprises, education, housing for the poor, and other low-income ...
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