Commerce, Economy and Finance: Government Schemes

I. Ministry of Commerce and Industry

S. No.Scheme NameLaunch YearMinistry / AgencyObjective
1PLI Scheme for White Goods (Air Conditioners & LED Lights)2021DPIIT (Department for Promotion of Industry and Internal Trade)Promote domestic manufacturing of ACs & LEDs, reduce imports, boost exports.
2Startup India Scheme2016DPIITBuild an ecosystem for startups, promote innovation, entrepreneurship, and job creation.
3UNNATI, 2024 (Uttar Poorva Transformative Industrialization Scheme)2024NEDFi (North Eastern Development Finance Corporation Ltd.)Promote industrialization and employment in North-East India.
4Startup India Seed Fund Scheme (SISFS)2021DPIITProvide early-stage funding support to startups for proof of concept, prototype, trials.
5One District One Product (ODOP)2018DPIITPromote balanced regional development by branding and promoting a unique product per district.
6Scheme for Strengthening Medical Devices Industry2024DPIITBoost domestic medical device manufacturing and reduce import dependence.
7Trade Infrastructure for Export Scheme (TIES)2021Ministry of Commerce & IndustryBuild export-linked infrastructure such as testing labs, border haats, LCSs.
8Champion Services Sector Scheme (CSSS)2018Ministry of Commerce & IndustryPromote 12 identified services sectors for global competitiveness.
9Niryat Bandhu Scheme2011DGFT (Directorate General of Foreign Trade)Mentor and support new exporters, especially MSMEs.
10National Intellectual Property Awareness Mission (NIPAM)2021Intellectual Property Office (CGPDTM)Create IP awareness among students and promote knowledge economy.
11National Industrial Corridor Development Programme (NICDP)2016NICDC under DPIITDevelop world-class industrial corridors and futuristic cities.
12SPICED Scheme (Sustainability in Spice Sector)2022Spices BoardImprove spice productivity, quality, exports, and global competitiveness.
13BHASKAR (Bharat Startup Knowledge Access Registry) Initiative2023DPIITCreate a digital registry for startups, investors, mentors for collaboration.
14SWAYATT Initiative2019GeM (Government e-Marketplace)Promote participation of startups, women, and youth in government procurement.
15North-East Industrial Development Scheme (NEIDS)2017Ministry of Commerce & IndustryPromote industrialization in NE States with capital, tax, and transport incentives.
16Transport and Marketing Assistance (TMA) for Agricultural Products2019DGFTSupport agri-exporters by covering freight & marketing costs.
17Indian Footwear & Leather Development Programme (IFLDP)2021DPIITModernize & expand India’s leather and footwear industry.
18RoDTEP (Remission of Duties & Taxes on Exported Products)2021Ministry of Commerce & IndustryRefund embedded taxes on exports, ensure WTO-compliant zero-rated exports.
19Advance Authorisation Scheme1976, renamed 2004DGFTAllow duty-free import of inputs for use in export products.
20PM Gati Shakti – National Master Plan (NMP) for Multimodal Connectivity2021Ministry of Commerce & Industry (Logistics Division, with BiSAG-N support)To integrate infrastructure planning across ministries through a digital platform for multimodal connectivity, improving industrial productivity and employment.
21Make in India Initiative (Make in India 2.0)2014Ministry of Commerce & Industry (DPIIT for Manufacturing, Dept. of Commerce for Services)To transform India into a global manufacturing hub by facilitating investment, fostering innovation, building infrastructure, enhancing skills, and promoting ease of doing business.

II. Ministry of Corporate Affairs

S. No.Scheme NameLaunch YearMinistry / AgencyObjective
1PM Internship Scheme2024Ministry of Corporate AffairsProvide one crore youth with internship opportunities in top 500 companies to bridge education–employment gap.
2MCA21 Project2006 (Phase I)Ministry of Corporate AffairsImplement e-Governance for corporate law compliance and promote a paperless, transparent system.
3Independent Director’s Databank2019Ministry of Corporate AffairsCreate a repository of independent directors to strengthen corporate governance and accountability.

III. Ministry of Finance

S. No.Scheme NameLaunch YearMinistry / AgencyObjective
1Pradhan Mantri Jan Dhan Yojana (PMJDY)2014Ministry of FinanceProvide universal access to banking, credit, insurance, and pension for financial inclusion.
2NPS Vatsalya Yojana2024PFRDA (under Ministry of Finance)Enable parents/guardians to open pension accounts for minors to promote early financial planning.
3Sukanya Samriddhi Yojana (SSY)2015Ministry of FinanceEncourage long-term savings for education and marriage of girl child under Beti Bachao Beti Padhao.
4Stand Up India Scheme2016Ministry of Finance (with SIDBI & NABARD support)Provide loans (₹10 lakh–₹1 crore) to SC/ST and women entrepreneurs for Greenfield enterprises.
5Pradhan Mantri Vaya Vandana Yojana (PMVVY)2017LIC (on behalf of Ministry of Finance)Provide assured pension to senior citizens with return of principal after 10 years.
6Pradhan Mantri Mudra Yojana (PMMY)2015MUDRA Ltd. (under Ministry of Finance)Provide collateral-free loans up to ₹20 lakh to micro and small enterprises.
7National Pension System (NPS)2004PFRDA (under Ministry of Finance)Provide retirement income and promote long-term savings habit among citizens.
8Gold Monetization Scheme (GMS)2015Ministry of Finance (via Banks)Mobilize idle gold for productive use and reduce gold imports.
9Sovereign Gold Bond Scheme (SGB)2015RBI (on behalf of Ministry of Finance)Offer gold-linked government securities as alternative to physical gold investment.
10Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)2015LIC & other life insurersProvide low-cost life insurance cover of ₹2 lakh to citizens (18–50 years).
11Pradhan Mantri Suraksha Bima Yojana (PMSBY)2015PSGICs & other general insurersProvide accident insurance cover up to ₹2 lakh to citizens (18–70 years).
12Atal Pension Yojana (APY)2015PFRDAProvide guaranteed pension (₹1,000–₹5,000 per month) for unorganized sector workers.
13Mahila Samman Savings Certificate (MSSC)2023Ministry of FinancePromote financial inclusion and savings among women through a 2-year deposit scheme.
14Atmanirbhar Bharat Rojgar Yojana (ABRY)2020EPFO (under Ministry of Finance)Encourage job creation by subsidizing EPF contributions for new employees.
15Viability Gap Funding (VGF) Scheme2004 (revamped till 2025)Ministry of FinanceProvide financial support to make PPP projects in infrastructure and social sectors viable.
16Special Assistance to States for Capital Investment2020Ministry of FinanceProvide 50-year interest-free loans to states for infrastructure and capital investment.
17SWAMIH Fund (Special Window for Affordable and Mid-Income Housing)2019SBICAP Ventures Ltd. (sponsored by Ministry of Finance)Provide priority debt financing to complete stalled housing projects.
18e-Appeals Scheme2023CBDTDigitize and streamline income tax appeal process at Commissioner level.
19Dispute Resolution Scheme (e-DRS)2022CBDTProvide speedy resolution of small tax disputes and reduce litigation.

IV. NITI Aayog

S. No.Scheme NameLaunch YearMinistry / AgencyObjective
1Atal Innovation Mission (AIM) 2.01.0: 2016;
2.0: 2024
NITI AayogPromote innovation & entrepreneurship through labs, incubators, challenges, and sectoral programs (extended till 2028).
2Sustainable Action for Transforming Human Capital (SATH) Programme2017NITI Aayog (with State Govts)Build three ‘role model’ states in health and education for replication.
3National Mission on Transformative Mobility & Battery Storage2019NITI Aayog (Inter-ministerial Steering Committee)Promote clean, connected, shared, and sustainable mobility with EVs & battery storage.
4Transformation of Aspirational Districts Programme (TADP)2018NITI AayogTransform 112 underdeveloped districts through convergence, collaboration & competition.
5Aspirational Block Programme (ABP)2022NITI AayogTarget 500 weaker blocks to saturate essential services like health, education, and financial inclusion.
6Youth Co:Lab India2017UNDP India & Citi Foundation in partnership with AIM (NITI Aayog)Support youth-led startups and innovations aligned with SDGs.
7SEHER Programme (Supporting Entrepreneurs with Holistic Education and Resources)2023Women Entrepreneurship Platform (WEP) – NITI Aayog & TransUnion CIBILProvide financial literacy, credit education, and mentoring to women entrepreneurs.