(Start-up Accelerators of MeitY for Product Innovation, Development and Growth) Background and Purpose Purpose:➡️ To create a conducive platform for Indian software product start-ups, so they can improve their products and also secure investments to scale up their business. Objectives Implementing Agency Salient Features (A) Financial Support (B) Role of Accelerators (C) Eligibility for Accelerators…
Background and Purpose This means that citizens should not only have access to digital infrastructure but also the ability to use it effectively for education, governance, and economic participation. Objectives Digital India is built on three broad objectives: In simple words: connect everyone, include everyone, and empower everyone digitally. Salient Features Vision – Three Core…
Mission Mausam 👉 In short, Mission Mausam is about making India weather-ready and climate-smart. PRITHvi Vigyan (PRITHaVI) 👉 This is India’s umbrella scheme for Earth Science research. Knowledge Resource Centre Network (KRCNet) Mausam App System of Air Quality and Weather Forecasting and Research (SAFAR) GAGAN Enabled Mariner’s Instrument for Navigation and Information (GEMINI) Device 👉…
Sustainable Action for Transforming Human Capital (SATH) Programme 👉 The idea is to demonstrate best practices in health and education which can later be replicated by other states. National Mission on Transformative Mobility & Battery Storage 👉 This mission is at the heart of India’s electric vehicle push. Transformation of Aspirational Districts Programme (TADP) 👉…
Background and Purpose 👉 In short, AIM is the umbrella mission for innovation, supporting students, startups, industries, and states. Strategy of AIM 2.0 AIM 2.0 strengthens India’s innovation landscape in three ways: Key Initiatives under AIM (i) Atal Tinkering Labs (ATLs) (ii) Atal Incubation Centers (AICs) & Atal Community Innovation Centers (ACICs) (iii) Mentor India…
Sovereign Gold Bond Scheme (SGB) 👉 Significance: Provides a safe investment in gold, reduces reliance on physical gold, and helps control India’s gold imports. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 👉 Aimed at providing low-cost life insurance to the poor and vulnerable. Pradhan Mantri Suraksha Bima Yojana (PMSBY) 👉 Extremely low premium scheme ensuring…
Background and Purpose Eligibility Taxation Benefits Deposit Quantity Objectives Tenure and Types of Deposits The scheme has three types of deposits, each with a different lock-in period and return: Type of Deposit Tenure Lock-in Period ROI (Rate of Interest) Who Accepts Deposit? Denomination (Principal & Interest) Short Term Bank Deposit (STBD) 1–3 years 1 year…
Background and Purpose 👉 Its purpose is very clear: to provide a sustainable retirement income and to cultivate the habit of saving for old age among citizens. Beneficiaries and Coverage Objectives Structure of Accounts (i) Tier I Account (ii) Tier II Account Contribution and PRAN Investment Choices – 3 Funds Offered Subscribers can choose how…
Background and Purpose 👉 In short, PMMY was designed to “fund the unfunded”—bringing millions of small entrepreneurs into the formal financial system. Objectives Key Institution – MUDRA Ltd. Loan Categories (Based on Stage of Business Growth) 👉 These categories symbolize the growth stages of an enterprise → from “infant” (Shishu) to “youth” (Tarun). Salient Features…
Background and Nature of Scheme 👉 In short, PMVVY is a pension-cum-insurance scheme that gives elderly people financial security and stability Objectives Salient Features (i) Guaranteed Pension (ii) Investment Limits (iii) Tax Treatment (iv) Premature Exit (v) Loan Facility (vi) In Case of Death 4. Significance ✅ In summary:The Pradhan Mantri Vaya Vandana Yojana (PMVVY)…
