Category: Important Scheme

Bhashini Mission: Union minister for electronics and information technology recently said that Mission Bhashini’s capabilities have been integrated with the Unified Payments Interface (UPI) to make digital payments through the UPI 123 Pay available in more than 20 local Indian languages. Bhashini Mission is a local language translation mission that aims to break the barrier […]

Amrit Sarovar Mission : Target Set A target of 50,000 Amrit Sarovars was set to be completed by August 15, 2023. So far, 60% of the target has been achieved with over 30,000 Amrit Sarovars constructed in the span of 9 months. Mission Amrit Sarovar was launched as part of India’s “Azadi Ka Amrit Mahotsav” […]

Liberalised Remittance Scheme: Union Budget 2023 The Union Budget 2023 proposes a Tax Collection at Source (TCS) for foreign outward remittance under LRS (other than for Education and medical purpose) of 20% on the entire value. Liberalised Remittance Scheme (LRS) allows Indian residents to freely remit up to USD $250,000 per financial year for current […]

Mukhyamantri Tirth Darshan Yojana : Madhya Pradesh Govt The Scheme was launched by the Madhya Pradesh Government. Under the scheme, the senior citizens will be taken on a spiritual tour free of cost. They will be taken to pilgrimage sites that are located outside the state. One or two pilgrimage sites will be visited by […]

Pradhan Mantri Mudra Yojana: Survey Report As per the sample survey conducted at the national level by Ministry of Labour and Employment (MoLE) to assess employment generation under Pradhan Mantri Mudra Yojana (PMMY), the scheme helped in generating 1.12 crore net additional employment during a period of approximately 3 years (i.e., from 2015 to 2018). […]

Museum Grant Scheme: Financial Assistance For Digitization The union Minister of Culture informed Lok sabha about Museum Grant Scheme (MGS). Ministry of Culture provides financial assistance for digitization of museum collections under Digitization of Museum component of Museum Grant Scheme This scheme was launched in 2013. The Ministry of Culture provides financial assistance under the […]

Perform Achieve & Trade (PAT) Scheme: Impressive Progress In Recent Years The Director of Bureau of Energy Efficiency (BEE) recently said that the Government of India has made impressive progress in recent years in accelerating energy efficiency in industrial sectors through its flagship program Perform, Achieve & Trade (PAT) Scheme. PAT Scheme is a flagship […]

PM KUSUM: The Ministry of New and Renewable Energy (MNRE) has extended the deadline to install 30,000 MW solar power capacity in rural India to March 2026 under PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Uttham Mahabhiyan). The PM-KUSUM was launched by the MNRE in 2019, in order to endow installation of off-grid solar pumps […]

Post Office Monthly Income Scheme: Union Finance Minister recently announced the increase of deposit limit for the Post Office Monthly Income Scheme (POMIS). The deposit limit for the Post Office Monthly Scheme (POMIS) has been revised for a single account to Rs.4.5 lakh to Rs. 9 lakh and 15 lakh from Rs. 9 lakh for […]

Voluntary Settlement Scheme: The Union Budget 2023 announced a “voluntary settlement scheme with standardised terms” to amicably end commercial/contractual disputes concerning government undertakings in which arbitral awards are under challenge. The budget 2023-24 has proposed a scheme for settling contractual dispute named Vivad se Vishwas II (Settling Contractual Disputes). Voluntary settlement scheme introduced to settle […]