With the recent trend followed in the UPSC Pre paper we are lining up the same set of current affairs notes for the CDS/NDA Aspirants ..
Part 1 of various Schemes launched
Under Ministry of Finance
Pradhan Mantri Jan Dhan Yojna (PMJDY)
It was launched in Aug 2014
To unleash an era of finical inclusion
Aim- to have a bank account and banking facility for all households in the country.
Pradhan Mantri Suraksha Bima Yojna (PMSBY)
Objective to cover accidental death risks
To provide a cover of RS 2 lakh for a premium of just RS 12 / year
Pradhan Mantri Jeevan Jyoti Bima Yojna
Covers natural and accidental deaths
Rs 2 lakhs to any saving account holders
Age group 18- 50 years with a premium of Rs 330 per year
ATAL Pension Yojna (APY)
Focus on unorganized sector
It provides a defined pension for when the Govt. would contribute 50% of beneficiaries premium upyo RS 1000 for 5 years
Pradhan Mantri Mudra Yojna
Aim- to provide formal access to credit for non-cooperate small business sector
Any Indian citizen who has a business plan for non-farm sector, income generating activity such as manufacturing , processing, trading or services sector and whose credit is less than 10 lakh can approach a bank, HFI or NBFC for availing loans.
Gold Monetization Scheme
Aim- to mobilize the gold lying idle with household and trusts and deploying it for productive use
It will benefit manufactures of gold jewelry who are largely, small and medium scale enterprise, by money gold available to them.
It will also benefit the common man by allowing him/her to earn money on then holding of gold.
Sovereign Gold Bond Scheme
Aim- to reduce demand of physical gold and in long run it will help reducing the country’s demand for importing gold.
Interest rates on various small saving schemes for the first quarter of 2016-17 notified and change in interest rate, now on basis of quarterly interest
Stand Up India
Aim- to promote entrepreneurship among SC / ST’s and women with loans managing from 10 lakh to 21 cr.
2 such projects provided by Scheduled Commercial Banks.
Ministry of Skill Development and Entrepreneurship / Pradhan Mantri Kaushal Vikas Yojhna (PMKVY)
It is a flagship scheme for skill development launched on 15 july 2015
Objective- skill unification and reward scheme is to enable and Mobilize a larger number of Indian Youth to take up skill training in accordance to the National Skills Quality Framework
Along with this, recognition of Prior learning has also been started
Apprentice Protshan Yojna (APY)
Introduced on 16 oct 2014
Objective- to support manufacturing units and apprentice act
Reimbursement of 50% stipend paid to the apprentice during first 2years of training for 1lakh apprentices
Objective-to create favourable ecosystem for overall entrepreneurship development through relevant education and training, advocacies, network, credit and accelerator.
It will also promote development of social enterprise for inclusive growth
Special Industry Initiative (SII) for J&K funded by Ministry of Home affairs and national skill development corporation(NSDC)
Aim-to provide skill and job opportunities to the youth of J&K and link them to overall India.