Purpose and Nature Objective ➡️ To promote domestic manufacturing by offering financial incentives on sales of eligible IT hardware products, thereby making India a hub for electronics and semiconductor manufacturing. Background Categories of Applicants The scheme is open to three categories of companies: This categorization ensures participation from both Indian and international players. Target Segments…
Background and Purpose Purpose:➡️ To accelerate research and development in multidisciplinary domains like science, engineering, environment, and medicine. Inter-ministerial Initiative The mission is a joint effort of: This collaboration combines expertise in technology and research. Implementing Agencies These two agencies are responsible for designing, developing, and deploying the supercomputers. Objective and Targets Key Pillars of…
(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…
