List of Schemes launched by the Narendra modi Government

Government Schemes in India

Pradhan Mantri Jan Dhan Yojana (PMJDY)

Prime Minister announced Pradhan Mantri Jan Dhan Yojana as the National Mission on Financial Inclusion in his Independence Day address on 15th August 2014, to ensure comprehensive financial inclusion of all the households in the country by providing universal access to banking facilities with at least one basic bank account to every household, financial literacy, access to credit, insurance and pension facility. 

Thus, PMJDY offers unbanked persons easy access to banking services and awareness about financial products through financial literacy programmes. In addition, they receive a RuPay debit card, with inbuilt accident insurance cover of Rs. 2 lakh, and access to overdraft facility upon satisfactory operation of account or credit history of six months. 

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their consent to join / enable auto-debit. Aadhar is the primary KYC for the bank account. The life cover of Rs. 2 lakh is for the one year period stretching from 1st June to 31st May and is renewable. 

Risk coverage under this scheme is for Rs. 2 lakh in case of death of the insured, due to any reason. The premium is Rs. 330 per annum which is to be auto-debited in one installment from the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme. 

Pradhan Mantri Suraksha Bima Yojana (PMSBY)

The Scheme is available to people in the age group 18 to 70 years with a bank account who give their consent to join / enable auto-debit on or before 31st May for the coverage period 1st June to 31st May on an annual renewal basis. Aadhar would be the primary KYC for the bank account. The risk coverage under the scheme is Rs. 2 lakh for accidental death and full disability and Rs. 1 lakh for partial disability. The premium of Rs.12 per annum is to be deducted from the account holder’s bank account through ‘auto-debit’ facility in one instalment.

Atal Pension Yojana (APY)

APY was launched on 9th May, 2015 by the Prime Minister. APY is open to all saving bank/post office saving bank account holders in the age group of 18 to 40 years and the contributions differ, based on pension amount chosen.  Subscribers would receive the guaranteed minimum monthly pension of Rs. 1,000 or Rs. 2,000 or Rs. 3,000 or Rs. 4,000 or Rs. 5,000 at the age of 60 years. Under APY, the monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be returned to the nominee of the subscriber. The minimum pension would be guaranteed by the Government.

The spouse of the subscriber shall be entitled to receive the same pension amount as that of the subscriber until the death of the spouse. After the death of both the subscriber and the spouse, the nominee of the subscriber shall be entitled to receive the pension wealth, as accumulated till age 60 of the subscriber. As on 31st March, 2019, a total of 149.53 lakh subscribers have been enrolled under APY with a total pension wealth of Rs. 6,860.30 crore.

Pradhan Mantri Mudra Yojana

The scheme was launched on 8th April 2015. Under the scheme a loan of upto Rs. 50,000 is given under sub-scheme ‘Shishu’; between Rs. 50,000 to 5.0 Lakhs under sub-scheme ‘Kishore’; and between 5.0 Lakhs to 10.0 Lakhs under sub-scheme ‘Tarun’. Loans taken do not require collaterals. These measures are aimed at increasing the confidence of young, educated or skilled workers who would now be able to aspire to become first generation entrepreneurs; existing small businesses, too, will be able to expand their activates. As on 31.03.2019, Rs. 3,21,722 crores sanctioned (Rs. 142,345 cr. - Shishu, Rs. 104,386 cr. Kishore and Rs. 74,991 cr. - Tarun category), in 5.99 crores accounts.

Stand Up India Scheme

Government of India launched the Stand Up India scheme on 5th April, 2016. The Scheme facilitates bank loans between Rs.10 lakh and Rs.1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one Woman borrower per bank branch for setting up greenfield enterprises. This enterprise may be in manufacturing, services or the trading sector. The scheme which is being implemented through all Scheduled Commercial Banks is to benefit at least 2.5 lakh borrowers. The scheme is operational and the loan is being extended through Scheduled Commercial Banks across the country.

Government of India has set up the Credit Guarantee Fund for Stand Up India (CGFSI). Apart from providing credit facility, Stand Up India Scheme also envisages extending handholding support to the potential borrowers. It provides for convergence with Central/State Government schemes. Applications under the scheme can also be made online on the dedicated Stand Up India portal. As on 31.03.2019, Rs. 16,085 crore has been sanctioned in 72,983 accounts (59,429 – women, 3,103-ST and 10,451 – SC).

Pradhan Mantri Vaya Vandana Yojana

The Pradhan Mantri Vaya Vandana Yojana  has been launched by the Government to protect elderly persons aged 60 years and above against a future fall in their interest income due to the uncertain market conditions, as also to provide social security during old age. The scheme is implemented through the Life Insurance Corporation of India (LIC) and provides an assured return of 8% per annum for 10 years . Mode of pension payment under the Yojana is on a monthly, quarterly, half-yearly or annual basis depending on the option exercised by the subscriber.

The scheme was initially open for subscription for a period of one year i.e. from 4th May, 2017 to 3rd May, 2018. Further, the minimum purchase price under the scheme wofas Rs.1.5 lakh per family for a minimum pension of Rs. 1,000/- per month and the maximum purchase price was Rs.7.5 lakh per family for a maximum pension of Rs.5,000/- per month.

List of Schemes launched by the Modi Government:-   

            

No.	Scheme	Starting date	Objective of Scheme
1	Jan Dhan Yojna	28 August, 2014	To connect more and more peoples from the banking services
2	Skill India Mission	28 August, 2014	Skill Development in Youth
3	Make in India	28 September, 2014	Promoting manufacturing Sector in the country
4	Swachchh Bharat Mission	2 October, 2014	Making India a clean country  till October 2, 1919
5	Sansad Adarsh Gram Yojana	11 October, 2014	Development in the villages which  includes socialdevelopment, cultural development.
6	Shramew Jayate Yojana	16 October, 2014	Plan dedicated to labour development
7	Beti Bachao Beti Padhao	22 January, 2015	The goal of this scheme is to make girls socially and financially    self-reliant through education.
8	Hridaya Plan	21 January, 2015	To take care of world heritage     sites and to make these sites economically viable.
9	PM Mudra Yojna	8 April , 2015	Loan to small businessmen from 50 thousand to 10 lakh
10	Ujala Yojna	1 May, 2015	Distribution of LED bulbs at a low     price to reduce electricity consumption
11	Atal Pension Yojna	9 May, 2015	Monthly pension for people from  the unorganized       sector b/w age of 18 to 40 years
12	Prime Minister Jyoti  Jyoti Bima Yojna	9 May, 2015	Life Insurance of Rs. 2 lakh for people b/w 18 to 50 years (@Premium of Rs. 330 per annum)
13	Pradhan Mantri Suraksha Bima Yojana	9 May, 2015	General insurance/accident insurance for people between 18 and 70 years of 2 lakh (at a premium of 12 Rs. / year)
14	Smart city scheme	25 June, 2015	Developing 100 selected cities of the country as smart cities from 2015 to 2020
15	AMRUT Plan	25 June, 2015	Developing all the basic amenities in more than 500 cities which have more than one lakh population
16	Digital India Mission	2 July, 2015	Making all government services electronically available to the public
17	Gold Monetization Scheme	5 November,  2015	Putting inoperative gold (lying at home and lockers) in productive works.
18	Sovereign Gold Bond Scheme	5 November, 2015	To check the real demand of Gold; government introduced the Sovereign Gold Bond Scheme.
19	UDAY	20th November, 2015	Financial turnaround of Power Distribution Companies of Public Sector
20	Start-up India	16 January, 2016	To Promote new enterprises
21	Setu Bhartam Yojna	4 March , 2016	Construction of Over and Under Bridge to make National Highways Railway Crossing free
22	Stand Up India	5 April, 2016	Loans up to 10 lacs to 1 crore for establishment of new companies to Scheduled Castes / Tribes and Women Entrepreneurs
23	Gramoday Se Bharat Uday	14-24 April 2016	Emphasizing the development of villages for proper development of the country
24	Prime Minister Ujjwala Plan	1 May, 2016	Providing the LPG connection to BPL families at subsidized rates
25	Namami Gange Yojna	7 July, 2016	Cleanliness of river Ganga