Background and Purpose Key Objective Eligibility Criteria Salient Features (i) Loan Coverage and Security (ii) Interest Rate and Repayment (iii) Handholding and Support (iv) Convergence with Other Schemes Refinancing Mechanism Significance ✅ In summary:The Stand-Up India Scheme is not just about giving loans—it is about building entrepreneurial confidence among disadvantaged groups. By combining credit (loans)…
Background and Purpose 👉 Exception: In case of twins or triplets, more than two accounts are allowed. Objectives Account Opening Deposits Interest Rate Maturity and Withdrawals Additional Features Tax Benefits ✅ In summary:Sukanya Samriddhi Yojana is a targeted small savings scheme under Beti Bachao Beti Padhao, designed to give parents a structured way of securing…
Background and Purpose 👉 Each child gets a Permanent Retirement Account Number (PRAN) in their own name. Objective Nature of the Scheme Role of Guardian Contribution Details Withdrawal and Exit Rules (i) Lock-in and Partial Withdrawal (ii) On Attaining 18 Years of Age (iii) On Death Documentation Grievance Redressal ✅ In summary:The NPS Vatsalya Yojana…
Background and Purpose Quick Facts Objectives of PMJDY Salient Features (i) Banking Access Made Simple (ii) RuPay Card Benefits (iii) Overdraft Facility (iv) Inoperative Accounts Technology Support – Jan Dhan Darshak App This made financial access more visible and user-friendly. Linkages with Other Schemes PMJDY accounts act as a foundation for availing other schemes: The…
PM Internship Scheme Purpose To provide one crore young Indians with valuable internship opportunities over five years in India’s top 500 companies. Key Features Eligibility 👉 The scheme is about career growth + skilling youth + bridging education-employment gap. MCA21 Project Purpose A flagship e-Governance Mission Mode Project under the National e-Governance Plan. Aim To…
Startup India Seed Fund Scheme (SISFS), 2021 Purpose This scheme supports very early-stage startups by giving them money for activities like proof of concept, prototype development, product trials, market entry, and commercialization. Features Preferred Sectors Social impact, waste management, water management, financial inclusion, etc. Benefits Helps startups attract angel investors, venture capitalists, or loans. One…
Background & Rationale The North-Eastern Region (NER) of India has always been strategically important but economically lagging compared to other parts of the country. Industrialization has been weak due to lack of infrastructure, investment hesitancy, and geographical challenges. To address this, the government introduced UNNATI, 2024 i.e. Uttar Poorva Transformative Industrialization Scheme. The scheme focuses…
Background & Context India has immense youth potential, but for long, innovation and entrepreneurship were held back due to complicated regulations, lack of funding, and risk of failure. To change this environment, the government launched the Startup India initiative—a Central Sector Scheme. Its core idea is simple: create an ecosystem where young entrepreneurs can take…
Background & Rationale When India imports a lot of electronic goods like air conditioners and LED lights, it increases our dependence on foreign countries. To correct this imbalance and promote Atmanirbhar Bharat (self-reliance), the government launched a Production Linked Incentive (PLI) Scheme. The idea is: if companies manufacture such goods in India and achieve higher…
ATUFS – Amended Technology Upgradation Fund Scheme Essence: Push modern, efficient machinery into the textile value chain by giving a one-time, credit-linked capital subsidy (i.e., subsidy tied to eligible machinery investment financed via banks). Type: Central Sector Scheme. Aims (think 5 keywords): Ease of Doing Business, Make in India, Zero Defect–Zero Effect, exports, import substitution—with…
