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The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 27 March 2020, following the COVID-19 pandemic in India. Although it is named for the Prime Minister of India, and uses the State Emblem of India , it is a private fund, used at the discretion of the Prime Minister and the Fund's ...
The fund collected is exempted from income tax to drive more people into the initiative. [3] Chairman of the fund is the Prime Minister and he is assisted by joint secretary. The whole of the fund is deposited with scheduled commercial banks and the beneficiaries are identified directly by the Prime Minister from among the beneficiaries. [3] [4]
(PM-POSHAN, Prime Minister's Overarching Scheme for Holistic Nourishment, (lit) PM Nutrition Power Building Scheme) CSS MoWCD: 2021: Health, Education Revamped version of 1995 Midday Meal Scheme to provide free lunch to school children. Financial outlay in 2022 was ₹ 10,233 crore (equivalent to ₹ 110 billion or US$1.3 billion in 2023). [7]
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The Prime Minister's National Relief Fund (PMNRF) and the National Defence Fund (NDF) are operated directly from the PMO. The Prime Minister's National Relief Fund was established in January 1948 as Trust, by then Prime Minister, Jawaharlal Nehru, with public contributions to assist displaced persons from Pakistan, due to partition of India.
On 10 December 2018, the Government of India made NPS an entirely tax-free instrument in India where the entire corpus escapes tax at maturity; the 40% annuity also became tax-free. [11] Any individual who is a subscriber of NPS can claim tax benefit for Tier-I account under Sec 80 CCD (1) within the overall ceiling of ₹1.5 lakhs under Sec 80 ...
The scheme was officially launched by Prime Minister Narendra Modi on 20 November 2016 from Agra. [2] Indira Awas Yojana was launched in 1985 by Rajiv Gandhi, the Prime Minister of India, as one of the major flagship programs of the Ministry of Rural Development to construct houses for the Below Poverty Line population in the villages. [3]
Pradhan Mantri Jeevan Jyoti Bima Yojana (Prime Minister Jeevan Jyoti Insurance Scheme) is a Government-backed life insurance scheme in India. It was originally mentioned in the year 2015 budget speech by the then-Finance Minister, Arun Jaitley in February 2015. [1] It was formally launched by Prime Minister Narendra Modi on 9 May 2015 in ...