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Central Schemes Part-I



Pradhan Mantri Vaya Vandana Yojana (PMVVY)

  • Pension Scheme
  • Launched by Government by Indian (GOI)
  • Minimum entry age - 60 years 
  • Maximum age - No Limit
  • Policy Terms -  10 years
  • Investment Limit - Rs.15 lakh per senior citizens
  • Facility - Loan Facility after completion of 3 Policy years
  • Maximum loan 75% of purchase price
  • LIC of India has been given the sole privilege to operate the scheme.

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

  • Launched on 24 February 2019
  • Launched by PM Narendra Modi in Uttar Pradesh's Gorakhpur
  • Initiative by Government of India (GOI)
  • Purpose - all farmers will get Rs.6000 per year as minimum income support
  • Instalments - 3

Pradhan Mantri Shram Yogi Maan-Dhan Scheme(PM-SYM)

  • Launched on 5 March 2019
  • Launched by PM Narendra Modi from Vastrad, Gujarat
  • Pension Scheme for unorganised workers to ensure old age protection
  • Entry age - 18-40 years
  • Monthly Income - Rs.15,000 or below
  • Receive Rs.3000/- per month after attaining the age of 60 years
  • Family Pension - if the subscriber dies, the spouse of the beneficiary shall be entitled to receive 50% of pension received by the beneficiary as a family pension, only to a spouse.

Pradhan Mantri Laghu Vyapari Maan Dhan Scheme (PMLVMD)

  • Launched on 22 July 2019
  • "National Pension Scheme for Traders and Self Employed Persons Yojana" - Pension Scheme for shopkeepers/retail traders and self-employed persons
  • Who has an annual turnover of Rs.1.5 crore, a fixed amount of Rs. 3000/- per month after attaining 60 years of age
  • Entry age - 18-40 years
  • Benefit more than 3 crore small shopkeepers and traders

Sukanaya Samridhi Account Yojana

  • Launched by PM Narendra Modi on 22 January 2015 in Panipat, Haryana
  • Part of Beti Bachao, Beti Padhaao Campaign
  • age limit 10 years of girl child
  • one account opened in the name of a girl child
  • Requirement -  Birth Certificate
  • Minimum Rs. 250/-, any amount in multiples of rs. 100/- can be deposited
  • Maximum Rs. 1,50,000 in a Financial Year 
  • account transferred anywhere in India from one post office/ bank to another
  • the account follows 50% withdrawal at the age of 18 for higher education proposes

Atal Bhujal Yojana(ATAL JAL)

  • Launched by PM Narendra Modi on 25 December 2019, from New Delhi
  • Central Sector Scheme of Ministry of Jal Shakti to improve Ground Water Management
  • Total Outlay Rs. 6000 crore (implemented over a period of 5 years 2020-21 to 2024-25)
  • 50% shall be in the form of World Bank Loan (repaid by Central Government)
  • remaining 50% through Central Assistance from regular budgetary support
  • Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharastra, Rajasthan, Uttar Pradesh are designated priority states for improvement of groundwater management

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