Knows Kit present the top 10 works of Modi government in their past 5 years.
1 – Pradhan Mantri Jan Dhan yojana
Pradhan Mantri Jan Dhan Yojana (PMJDY), is financial inclusion program of Government of India which is applicable to 20 to 65 years age group, that aims to expand and make affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. This financial inclusion campaign was launched by the Prime Minister of India Narendra Modi on 15 August 2014. He had announced this scheme on his first Independence Day speech on 15 August 2014.
Run by Department of Financial Services, Ministry of Finance, under this scheme 15 million bank accounts were opened on inauguration day. The Guinness Book of World Records recognized this achievement, stating: “The most bank accounts opened in one week as a part of the financial inclusion campaign is 18,096,130 and was achieved by the Government of India from August 23 to 29, 2014”.By 27 June 2018, over 318 million bank accounts were opened and over ₹792 billion (US$12 billion) were deposited under the scheme
2- Pradhan Mantri Mudra bank yoja
Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015, for providing loans up to 10 lakh to the non-corporate, non-farm small/micro-enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, Cooperative Banks, MFIs and NBFCs. The borrower can approach any of the lending institutions mentioned above or can apply online through this portal. Under the aegis of PMMY, MUDRA has created three products namely ‘Shishu’, ‘Kishore’ and ‘Tarun’ to signify the stage of growth/development and funding needs of the beneficiary micro unit/entrepreneur and also provide a reference point for the next phase of graduation/growth.
3 -Pradhan mantri jeeva bima yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed Life insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata. As of May 2015, only 20% of India’s population has any kind of insurance, this scheme aims to increase the number.
Pradhan Mantri Jeevan Jyoti Bima Yojana is available to people between 18 and 50 years of age with bank accounts. It has an annual premium of ₹330(US$4.60). The GST is exempted on Pradhan Mantri Jeevan Jyoti Bima Yojana. The amount will be automatically debited from the account. In case of death due to any cause, the payment to the nominee will be ₹2 lakh (US$2,800).
This scheme will be linked also to the bank accounts opened under the Pradhan Mantri Jan Dhan Yojana scheme. Most of this account had zero balance initially. The government aims to reduce the number of such zero balance accounts by using this and related schemes.
Now all Bank account holders can avail this facility through their net-banking service facility or filling a form at the bank branch at any time of the year.
The premium is deducted automatically from the insured’s bank account. Insured’s family members will receive a sum insured of 2 lac Rupees after insured’s death.
4 – Pradhan mantri suraksha bima yojana .
Pradhan Mantri Suraksha Bima Yojana is a government-backed accident insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 8 May in Kolkata. As of May 2016, only 20% of India’s population has any kind of insurance, this scheme aims to increase the number.
Pradhan Mantri Suraksha Bima Yojana is available to people between 18 and 70 years of age with bank accounts. It has an annual premium of ₹12 (17¢ US) exclusive of taxes. The GST is exempted on Pradhan Mantri Suraksha Bima Yojana. The amount will be automatically debited from the account. The accident insurance scheme will have one year cover from June 1 to May 31 and would be offered through banks and administered through public sector general insurance companies.
In case of accidental death or full disability, the payment to the nominee will be₹2 lakh (US$2,800) and in case of partial permanent disability ₹1 lakh(US$1,400). Full disability has been defined as loss of use in both eyes, hands or feet. Partial Permanent disability has been defined as loss of use in one eye, hand or foot.
This scheme will be linked to the bank accounts opened under the Pradhan Mantri Jan Dhan Yojana scheme. Most of this account had zero balance initially. The government aims to reduce the number of such zero balance accounts by using this and related schemes. Now all Bank account holders can avail this facility through their net-banking service facility at any time of the year.
5 -ATAL pension scheme
Atal Pension Yojana (previously known as Swavalamban Yojana) is a government-backed pension scheme in India targeted at the unorganised sector. It was mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley. It was launched by Prime Minister Narendra Modi on 9 May in Kolkata. As of May 2015, only 20% of India’s population has any kind of pension scheme, this scheme aims to increase the number.
In Atal Pension Yojana, for every contribution made to the pension fund, The Central Government would also co-contribute 50% of the total contribution or₹1,000 (US$14) per annum, whichever is lower, to each eligible subscriber account, for a period of 5 years. The minimum age of joining APY is 18 years and maximum age is 40 years. The age of exit and the start of pension would be 60 years. Therefore, a minimum period of contribution by the subscriber under APY would be 20 years or more.
The national Aadhaar ID number is the primary “know your customer” document for identification of beneficiaries, spouses, and nominees to avoid entitlement-related disputes in the long-term. For proof of address, an individual may submit a copy of their ration card or bank passbook.
The subscribers are required to opt for a monthly pension from ₹1,000 (US$14) to ₹5,000 (US$70) and ensure payment of the stipulated monthly contribution regularly. The subscribers can opt to decrease or increase pension amount during the course of the accumulation phase, as per the available monthly pension amounts. However, the option to switch is only provided once a year during the month of April.
This scheme will be linked to the bank accounts opened under the Pradhan Mantri Jan Dhan Yojana scheme and the contributions will be deducted automatically. Recently Centre has allowed small finance Banks to offer APY
6-PRADHAN MANTRI SANSAD ADARSH GRAM YOJNA
An AdarshGram is one wherein people have access to various basic services so that the minimum needs of all the sections of the society are fully met and disparities are reduced to a minimum.
The objective of this Scheme is to ensure integrated development of the selected villages with more than 50% SC population so that, inter alia.
Integrated development of selected villages will be sought to be achieved primarily through the implementation of the existing schemes of Central and State Governments in a convergent manner.
7 -Deen Dayal Upadhyaya gram Jyoti yojana.
Deen Dayal Upadhyaya Gram Jyoti Yojana (abbr. DDUGJY) is a Government of India scheme designed to provide continuous power supply to rural India. The government plans to invest ₹756 billion (US$11 billion) for rural electrification under this scheme. The scheme will replace the existing Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY).
The DDUGJY scheme will enable to initiate much-awaited reforms in the rural areas. It focuses on feeder separation (rural households & agricultural) and strengthening of sub-transmission & distribution infrastructure including metering at all levels in rural areas. This will help in providing round the clock power to rural households and adequate power to agricultural consumers. The earlier scheme for rural electrification viz. Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) has been subsumed in the new scheme as its rural electrification component.
The Ministry of Power has launched a new app, GARV-II app to provide real-time data of all six lakh villages of the country. The app is envisaged to ensure transparency in the implementation of the rural electrification programme. The new app will also enable the citizens to participate in the developmental works and can give their feedback and inputs related to the rural electrification programme. The participation of Citizens will enable public scrutiny of the rural electrification programmes. In addition, the village-wise works sanctioned under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) has been mapped to scrutinise the progress of work carried out under the project in each village
The deadline for the Centre’s rural electrification programme was May 2018. However, it was achieved before the deadline on April 28, with the electrification of Leisang village in Manipur. Prime Minister of India, Narendra Modi tweeted “Yesterday, we fulfilled a commitment due to which the lives of several Indians will be transformed forever! I am delighted that every single village in India now has access to electricity.” Despite this, several news reports claimed that the numbers were inflated, and villages were electrified only on paper.
8 -UDAAN project.
UDAN-RCS, UDAN (Ude Desh ka Aam Naagrik) is a regional airport development and “Regional Connectivity Scheme” (RCS) of Government of India, with the objective of “letting the common citizen of the country fly”, aimed at making air travel affordable and widespread, to boost inclusive national economic development, job growth and air transport infrastructure development of all regions and states of India. At the beginning of the scheme, out of total 486 airports, 406 were participating unserved airports, 27 were well-served airports out of 97 non-RCS airports and 12 were operational airports out of 18 participating underserved regional operational airports (Nov 2016) with regular fixed-wing scheduled flights. UDAN scheme will add to this number by expediting the development and operationalisation of India’s potential-target of nearly 425 unserved, underserved, and most underdeveloped regional airports with regularly scheduled flights.
9- DIGITAL India.
Digital India is a campaign launched by the Government of India to ensure the Government’s services are made available to citizens electronically by improved online infrastructure and by increasing Internet connectivity or by making the country digitally empowered in the field of technology. The initiative includes plans to connect rural areas with high-speed internet networks. Digital India consists of three core components: the development of secure and stable digital infrastructure, delivering government services digitally, and universal digital literacy.
Launched on 1 July 2015 by Indian Prime Minister Narendra Modi, it is both enabler and beneficiary of other key Government of India schemes, such asBharatNet, Make in India, Startup India and Standup India, industrial corridors, Bharatmala, Sagarmala, dedicated freight corridors, UDAN-RCS and E-Kranti.
As of 31 December 2018, India had a population of 130 crore people (1.3 billion), 123 crores (1.23 billion) Aadhaar digital biometric identity cards, 121 crores (1.21 billion) mobile phones, 44.6 crores (446 million) smartphones, 56 crores (560 million) internet users up from 481 million people (35% of the country’s total population) in December 2017, and 51 per cent growth in e-commerce.
10 – Skill India
Skill India is a campaign launched by Prime Minister Narendra Modi on 15 July 2015 which aims to train over 40 crore people in India in different skills by 2022. It includes various initiatives of the government like “National Skill Development Mission”, “National Policy for Skill Development and Entrepreneurship, 2015”, “Pradhan Mantri Kaushal Vikas Yojana (PMKVY)” and the “Skill Loan scheme”.
The National Skill Development Corporation India (NSDC) was set up as a one of its kind, Public-Private Partnership Company with the primary mandate of catalysing the skills landscape in India. It is based on the following pillars:
- Create large and good quality vocational institute.
2. Reduce risk by providing patient capital. Including grants and equality.
3. To enable the creation and sustainability of support systems required for skill development. This includes the Industry-led Sector Skill Councils.
PMKVY is the flagship scheme of the Ministry of Skill Development & Entrepreneurship. The objective is to enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. Individuals with prior learning experience or skills will also be assessed and certified under Recognition of Prior Learning (RPL). Under this Scheme, Training and Assessment fees are completely paid by the Government.
PMKVY is applicable to any candidate of Indian nationality who is unemployed, school or college dropout, or as identified by the Sector Skill Council (SSC) for their respective job roles.
Rozgar Mela- The Scheme aligns itself to the common norms and, therefore, part of the Training Partner payment structure is linked to the placements. It is, therefore, important for the Training Partner to place at least 50 per cent of the batch under PMKVY to ensure that its performance is not downgraded. Group Personal Accident Policy under Pradhan Mantri Kaushal Vikas Yojana (2016-2020) provides coverage to the candidates skilled by/through NSDC under PMKVY for a Sum Insured of 2 Lakhs for Accidental Death/Permanent Total Disablement for a period of three years from the policy generation date for the Candidates certified after 31.03.2018.
The objective of the National Policy on Skill Development and Entrepreneurship, 2015 will be to meet the challenge of skilling at scale with speed and standard (quality). It will aim to provide an umbrella framework to all skilling activities being carried out within the country, to align them to common standards and link the skilling with demand centres.
The Minister of State (Independent Charge) for Skill Development and Entrepreneurship Shri Rajiv Pratap Rudy has said that Skill Loan Scheme was launched by the Hon’ble Prime Minister on 15th July 2015 with a view to support youth who wish to go through skill training programmes in the Country. This Skill Loan Scheme has replaced the earlier Indian Banks Association (IBA) Model Loan Scheme for Vocational Education and Training. The Indian Banks Association (IBA) has already circulated the scheme to the Chief Executives of All Member Banks for implementation of the Scheme.
Any Indian National who has secured admission in a course run by Industrial Training Institutes (ITIs), Polytechnics or in a school recognised by Central or State education Boards or in a college affiliated to the recognised university, training partners affiliated to National Skill Development Corporation (NSDC) Sector Skill Councils, State Skill Mission, State Skill Corporation can avail a loan for the purpose.
Schemes for the skill development launched by Government of India.
- Deen Dayal Upadhyaya Grameen Kaushalya Yojana
- Pradhan Mantri Kaushal Vikas Yojana
- Financial Assistance for Skill Training of Persons with Disabilities
- National Apprenticeship Promotion Scheme
- Craftsmen Training Scheme
- Apprenticeship training
- Pradhan Mantri Kaushal Kendra
- Skill development for minorities
- Green Skill Development Programme