Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 : Approved The Union Cabinet has approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0, which aims to provide financial assistance to help one crore urban poor and middle-class families build, purchase, or rent affordable housing over five years. The scheme, targets families with no permanent house and offers […]
Category: Important Scheme
National Coastal Mission Scheme
National Coastal Mission Scheme: The Minister of State for Environment, Forest and Climate Change informed the Lok Sabha about the National Coastal Scheme. National Coastal Mission Scheme was launched in 2014. It has been envisaged under the National Action Plan on Climate Change. It aims to address the impact of climate change on coastal and […]
Mahila Samman Savings Certificate (MSSC) Scheme
Mahila Samman Savings Certificate (MSSC) Scheme: The Centre is unlikely to extend the Mahila Samman Savings Certificate scheme that was made available for two years beyond its March 2025 deadline, according to official sources. Mahila Samman Savings Certificate (MSSC) Scheme is a one-time scheme announced in Budget 2023 and will remain available for a two-year […]
Revamped Model Skill Loan Scheme
Revamped Model Skill Loan Scheme: The government has launched a revamped ‘model skill loan scheme’ aimed at enhancing accessibility to skill development courses with a significantly increased maximum loan limit. The new scheme raises the maximum loan limit from Rs 1.5 lakh to Rs 7.5 lakh. Initially launched in 2015, the old scheme saw low […]
Subvention Scheme
Subvention Scheme: The Supreme Court has provided relief to homebuyers in the National Capital Region (NCR) under the Subvention scheme. The Supreme Court has instructed banks not to take coercive action against individuals who have not received possession of their flats. Subvention Scheme involve a tripartite agreement between the buyer, banker, and developer. The buyer […]
PM Janjatiya Unnat Gram Abhiyaan
PM Janjatiya Unnat Gram Abhiyaan: Finance Minister announced the launch of the PM Janjatiya Unnat Gram Abhiyaan, aimed at providing basic facilities to five crore Scheduled Tribe families across 63,000 villages in tribal-majority and aspirational districts. This scheme is designed after PM-JANMAN for Particularly Vulnerable Tribal Groups. The 2024-25 budget allocated ₹13,000 crore for the […]
Electric Mobility Promotion Scheme
Electric Mobility Promotion Scheme: The central government said that the Electric Mobility Promotion Scheme (EMPS) 2024 will provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing ecosystem in the country. Electric Mobility Promotion Scheme aims to further accelerate the adoption of Electric Vehicles in the country. It is a fund […]
Modified Interest Subvention Scheme
Modified Interest Subvention Scheme: The Centre plans to increase the upper limit of the short-term crop loans under the Modified Interest Subvention Scheme (MISS) from Rs 3 lakh to Rs 5 lakh. Modified Interest Subvention Scheme is a Central Sector Scheme, 100% funded by the Government of India. It was launched in the year 2006-07 […]
RoDTEP Scheme : In News
RoDTEP Scheme : In News The tea industry has sought higher rates under the RoDTEP scheme to make exports more competitive in overseas markets. RoDTEP Scheme is a flagship export promotion scheme of the Union Ministry of Commerce and Industry. The WTO-compliant scheme aims to refund to the exporters the embedded central, state, and local […]
Khelo India Rising Talent Identification (KIRTI) Program
Khelo India Rising Talent Identification (KIRTI) Program: The Government’s ambitious Khelo India Rising Talent Identification (KIRTI) program is set to get a fresh boost under the leadership of the Union Minister for Youth Affairs. Khelo India Rising Talent Identification (KIRTI) Program is aimed at school children between nine and 18 years age group. The nation-wide […]