Main Schemes Flashcards
What is PM-Kisan scheme and when was it launched?
Direct benefit transfer of what amount is provided?
PM-KISAN (Kisan Samman Nidhi) scheme was launched in 2019. It is a central sector scheme that provides ₹6000 direct benefit transfer to farmers in 3 equal instalments in a year. It is implemented by the Ministry of Agriculture & Farmer’s welfare.
PMAY-U (Pradhan Mantri Awas Yojana-Urban) was launched by which ministry and when?
What is the tenure and outlay of the scheme?
What are the eligibility criteria of the scheme?
Name the four components of the PMAY-U?
What interest subsidy is provided under the scheme?
What financial assistance is provided under the AHP and BLC components of the scheme?
What financial assistance is provided under the ARH component?
What is the funding pattern of the scheme?
It was launched on 25 June 2015 by the Ministry of Housing and Urban Affairs (MoHA) to provide financial assistance for affordable pucca houses to the urban poor.
The tenure of the PMAY-U 2.0 is from FY2024-25 to FY2028-29 with an outlay of ₹10 lakh crore
Eligibility:
Families belonging to EWS/LIG/Middle Income Group (MIG)
segments having no pucca house anywhere in the country are
eligible to purchase or construct a house under PMAY-U 2.0.
- EWS households are families with an annual income up to ₹3
lakh. - LIG households are families with an annual income from ₹3
lakh up to ₹6 lakh. - MIG households are families with an annual income from ₹6
lakh up to ₹9 lakh.
The 4 verticals or components of the PMAYU are:
1- Credit Linked Subsidy Scheme
2- Affordable Housing in Partnership (AHP)
3- Beneficiary led Construction (BLC)
4- Affordable Rental Housing (ARH)
CLSS (Credit Linked Subsidy Scheme)
Beneficiaries taking loans of up to ₹25 lahks for a house costing a maximum of ₹35 lahks will now be eligible for a 4% interest subsidy on the first ₹8 lakh of the loan for up to 12 years. The subsidy will be disbursed in 5-yearly instalments, and beneficiaries can access their accounts through a website, OTP, or smart cards.
AHP (Affordable Housing in Partnership)/ Beneficiary Led Construction (BLC)
- The Government Assistance in AHP/BLC verticals under PMAY-U 2.0 will be ₹2.50 lakh per unit.
- An additional Grant in the form of a Technology Innovation Grant (TIG) ₹1000 per sqm up to 30 sqm per dwelling unit shall be provided under the AHP component to implementing agencies using innovative building materials, and construction technologies.
- The earlier In-Situ Slum Redevelopment (ISSR) component has been subsumed into AHP, with increased assistance of ₹2.5 lakh compared to the previous ₹1 lakh
Affordable Rental Housing (ARH):
Technology Innovation Grant (TIG) of ₹5000/ per square meter will be provided under the ARH component, including ₹3000/per square metre by the Centre share and ₹2000/ per square meter by State share
The funding pattern between the Centre and the State will be:
- General States: 60:40
- UTs with the legislature, Northeast states & Himalayan states: 90:10
- UTs without legislature: 100:0
Other Information:
1- TISM will be set up under PMAY-U 2.0 to guide and facilitate States/UTs and other stakeholders in the adoption of modern, innovative and green technologies and building materials for faster and quality construction of houses. Under TISM, States/UTs/Cities will be assisted through innovative practices and projects in challenge mode focused on disaster-resistant and environment-friendly technologies for climate-smart buildings and resilient housing.
2- In order to seek benefits under PMAY-U 2.0, States/UTs will have to formulate an “Affordable Housing Policy” containing various reforms and incentives for ensuring the active participation of Public/Private entities and promoting the Affordable Housing Ecosystem. ‘Affordable Housing Policy’ will include such reforms which will improve the affordability of ‘Affordable Housing’.
When was the PMAY-G launched and it is rechristened from which scheme?
What financial assistance is provided under the scheme?
The minimum floor size of the house under PMAY-G will be?
Spending is shared in what ratio by the centre and state governments?
What is the target of the scheme?
Loans up to ₹_____are provided from financial institutes under the scheme?
An Interest subsidy of ___% is provided for maximum principal amount of ₹____
What is the amount provided for setting up toilets under the SBM-G?
About:
It is a rechristened scheme of the Indira Awas Yojana (IAY) launched on April 1, 2016, as PMAY-G by the Ministry of Rural Development (MoRD). The timeline of the PMA-G is till 2028-2029 with an outlay of ₹3,06,137 crore including Central Share of Rs 2,05,856 crore and State Matching Share of Rs 1,00,281 crore. The outlay of the scheme for the FY2024-25 is ₹54500 crore
Features:
- Financial assistance of ₹1.20 lakhs in plain areas and ₹1.30 lakhs in hilly/northeastern areas is provided to build pucca houses
- The minimum floor size of the house will be 25 Square meters
- Spending is shared by both centre and state in a 60:40 ratio in plain areas, 90:10 in hilly & Northeast states and 100% of spending is done by the central government in the Uts
- It had a target to build 2.95 crore PMAY-G houses by March 2024. In the Union Budget 2024-25, The target was increased to construct additional 2 crore additional houses in the next 5 years.
- Beneficiaries can get loans up to ₹70000 from financial institutes
- An Interest subsidy of 3% is provided for the maximum principal amount of ₹2 lakhs
- An additional amount of ₹12000 is provided for constructing toilets under the Swachh Bharat Mission-Gramin (SBM-G)
When was the Atal Pension Yojana (APY) launched and replaced which scheme?
What is the eligibility of the APY?
What is the financial benefit provided under the scheme?
The APY (Atal Pension Yojana) scheme was launched in 2015 by the Government of India by replacing the “Swavlamban Yojana” to provide social security benefits to unorganized workers in the country.
Eligibility
- Unorganized sector workers under the age group of 18 to 40 years with savings bank account
- Must not be the subscriber of any Statutory social security scheme and not be an income-tax payer
The government provides a 50% co-contribution for 5 years.
The government will provide a pension from ₹1000 to ₹5000 from the age of 60 years to subscribers. The scheme is administered by the PFRDA (Pension Fund Regulatory Development Authority).
When was the MGNREGA (Mahatma Gandhi National Rural Employment Guarantee) scheme launched and by which ministry?
Employment Guarantee is provided for how many days?
Wages are provided according to which act?
Employment should be provided within ___days of demanding it?
What fraction of beneficiaries should be women?
Grabh Sabhas should carry ___% of their recommended work?
The scheme is implemented through?
About
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was launched in 2005 as the National Rural Employment Guarantee Act (NREGA) by the Ministry of Rural Development. It was renamed MGNREGA in 2009.
- The scheme provides an employment guarantee of at least 100 days in a financial year to adult rural householders who are willing to work in unskilled manual work.
- Wages will be provided as per the minimum wages specified for the state according to Minimum Wages Act, 1948
- It is a legally backed scheme, therefore rural adult should get employment within 15 days of demanding it, failing which, an “Unemployment Allowance” must be given.
- One-third of the beneficiaries must be women.
- Gram Sabhas must recommend the projects to be carried out and must carry out at least 50% of them.
Funding:
- The central government provides100% funding for wages related to unskilled manual labor.
- The central government covers 75% of the material cost, whereas state governments contribute 25% of the material cost for MGNREGA projects.
- The state government bears the entire cost of the unemployment allowance provided to eligible individuals.
Implementation
The scheme is implemented through Gram Panchayats. Rural Household Adults provide their name, age, address and photo to the Gram Panchayat. The Gram Panchayat will give employment cards to adult rural households.
Challenges
Seasonal Nature of Work:
The demand for work under MGNREGA varies seasonally.
During non-agricultural seasons, finding sufficient work can be challenging.
Limited Skill Development:
There is limited Skill Development as MGNREGA primarily focuses on unskilled manual labor.
There’s a need to integrate skill development and training to enhance employability.
What is the full form of PMUY scheme and it was launched at what date and which ministry?
What is the tagline of the scheme?
What are the benefits provided under the scheme?
what are the eligibility criteria?
Which Oil companies are the partners of the scheme?
About-
Pradhan Mantri Ujjwala Yojana (PMUY) was launched by the Ministry of Petroleum & Natural Gas (MoPNG) in May 2016 in UP by Prime Minister Narendra Modi to provide free LPG connections to women from BPL households. The tagline of the scheme is “Swachh indhan, behtar jeewan”.
Chronology: It was initially launched to provide 5 crore LPG connections to Women from Below Poverty Line Households (BPL) but the target was revised to provide 8 crore LPG connections by March 2020. This target was achieved 7 months prior in Sept 2019. Subsequently, PMUY 2.0 was launched in Aug 2021 to provide LPG connection to households that were missed in the first phase. The total expenditure of the scheme for FY2024-25 is ₹12000 crore.
Benefit:
- A free LPG connection is given with a financial assistance of ₹1600 for each LPG connection
- A subsidy of ₹300 per 14.2 kg cylinder for up to 12 refills per year is provided
- Free refill and a free gas stove to women from Below Poverty Line (BPL) households.
- Under Ujjwala 2.0, inter-state migrants can provide “self declaration” as adress proof to avail the benefits of the scheme
- LPG cylinders are provided at the market price, subsequently the subsidy amount is provided through DBT under the Pratyaksh Hanstantrit Labh (PAHAL) scheme of the Ujjwala scheme
The Oil companies linked with the PMUY scheme are IOCL, BPCL and HPCL
Eligibility- Applicant must be a woman of age 18 and above and should belong to a BPL household. The household income of the applicant should not exceed as prescribed by the state government or UT.
What is the NFSA 2013 ?
Which two categories of beneficiaries are included in the NFSA 2013 and what is the provision?
What per cent of Urban and Rural population the NFSA covers?
Pregnant women and lactating mothers are entitled to maternity benefits of at least rs_____?
About- It was launched in Sept 2013 to provide subsidized food grains to 2/3rd of the country’s population. Under the NFSA 2013, subsidized food grains which include Rice for 3₹ per kg, Wheat for 2₹ per kg and coarse grains for 1₹ per kg are provided to two categories of beneficiaries:
Antoyodaya Anna Yojana (AAY)- up to 35kg of food grains are provided to the AAY ration card holders irrespective of the number of family members
Priority Households (PHH)- 5kg of foodgrains per family member is provided to the PHH ration card holders.
Features:
- The NFSA covers 75% of the Rural population and 50% of the urban population
- Pregnant women and lactating mothers are entitled to a nutritious “take home ration” of 600 Calories and a maternity benefit of at least Rs 6,000 for six months.
- Children 6 months to 14 years of age are to receive free hot meals or “take home rations”
Recent Update- Free food grains will be provided to 81 crore beneficiaries of NFSA for 1 year in 2023
What is the full form of PMBJP scheme and it was launched on what date and under which entity?
What is the name of the implementing agency of the scheme?
What is the name of the mobile app that was developed for the scheme?
Medicines are procured from suppliers that are certified from which entity?
About:
It was launched in Nov 2008 by the Department of Pharmaceutical, Ministry of Chemicals & Fertilizers as the Jan Aushadhi campaign to provide generic medicines at a cheap price through Jan Aushahi Kendras. It was later renamed the PMBJP in 2015. The PMBI (Pharmaceuticals and Medical devices Bureau of India) is the implementing agency of the scheme.
Features:
* The price of medicine is determined on the principle of a maximum of 50% of the average price of the top three brands. Thus, the prices of medicines are cheaper by at least 50%.
- The “Sugam” mobile application was developed for locating Jan Aushadi Kendras near people.
- Medicines are procured from WHO-GMP (World Health Organization- Good Manufacturing Practices) certified suppliers and each batch of medicine are tested in NABL (National Accreditation Board for Testing and Calibration Laboratories) certified laboratories.
- Incentives are provided to the Jan Aushadi Kendra owners.
When was the Agriculture Infrastructure Fund (AIF) scheme launched and what is the financial outlay?
What is the interest subvention provided under the scheme and it is provided for the maximum period of?
Credit Guarantee up to what amount is provided through CGTMSE scheme?
What is the duration of the scheme?
About:
It was launched in 2020 as a part of ₹20 lakh core stimulus package in response to Covid-19.
It is a Central sector scheme with a financial outlay of ₹1 lakh crore to provide a medium to long-term debt financing facility to the beneficiaries as loans through banks and other financial institutes for post-harvesting agriculture management infrastructure and community farming assets.
Key Features:
- Interest subvention of 3% per annum is provided up to ₹2 crores for a maximum period of 7 years.
- Credit Guarantee will be provided through CGTMSE (Credit Guarantee Fund Trust for Micro & Small Enterprises) for loans up to ₹2 crores.
- Moratorium period varies from 6 months to 2 years
- The duration of the scheme is till FY2033
- Beneficiaries include Farmers, FPOs, Marketing Cooperative Societies, Self-Help Groups (SHGs), Agri-entrepreneurs, Start-ups etc.
- It has the facility to merge with other state government and central government schemes.
- Ministry of Agriculture & Farmers Welfare is the implementing agency of the scheme
What are the two components of the Ayushman Bharat Programme and they were launched in which year?
The first Health & Wellness Centre (HWC) was launched in which place?
What is the healthcare cover provided under the PM-JAY scheme?
What was the earlier name of the PM-JAY scheme?
Expense up to how many days are covered in Pre-hospitalization and Post-hospitalization under PM-JAY scheme?
Beneficiaries from which database are included in the PM-JAY scheme?
Which entity is responsible for implementing the PM-JAY scheme?
What is the funding ratio between the Centre and state governments for the PM-JAY scheme?
The Ayushman Bharat Programme was launched in 2018 as per the recommendation of the National Health Policy (NHP) 2017 to achieve the vision of universal health coverage. It has two interrelated components:
1) Health & Wellness Centres (HWC)- Health & Wellness centres provide free medicine and diagnostic services like maternity & child health, elderly and palliative care and various other services for communicable and non-communicable diseases. The first Health & Wellness Centre was launched in Bijapur, Chattisgarh on April 18, 2018.
2) PM-JAY (Pradhan Mantri Jan Arogya Yojana)- It was launched in Sept 2018. It is the rechristened scheme of the National Health Protection Scheme (NHPS) which subsumed the Rashtriya Swasthya Bima Yojana (RSBY) scheme launched in 2018.
3)
Key Features:
- It provides free healthcare coverage of up to ₹5 lakhs to per family per year for secondary and tertiary healthcare services through government and private empanelled hospitals. It includes free healthcare services like medicines, diagnosis, ICUs, surgery, medical examination, consultation etc. Currently 1929 medical procedures are covered under the scheme. It aims to cover over 12 crore poor and vulnerable families.
- The scheme covers expenses of up to 3 days pre-hospitalization and 15 days post-hospitalization.
- Beneficiaries under this scheme are included form the Soci-Economic Caste Census (SECC 2011)
- There is no restriction on family size, age or gender. RSBY had a family cap of 5 members.
- The NHA (National Health Authority) is the implementing agency of the PM-JAY.
Funding:
The funding ratio between central and state governments for the PM-JAY scheme is 60:40 for all states and Uts with their own legislatures, 90:10 for northeast states and 100% by the centre for Uttarakhand, J&K and Himachal Pradesh.
What is the EPCG scheme for export?
It was launched in the 1990s to facilitate the import of capital goods for production. Under this scheme, a 0% customs duty is charged for the import of capital goods which is subject to an Export Obligation that manufacturers have to export the finished goods 6 times the custom duty saved under the EPCG scheme within the period of 6 years.
For the extension of Export Obligation, manufacturers have to file an application for the extension within 6 months. A request for extension filed after 6 months will attract a fine of ₹10000.
What is the full of RIDF scheme and it is provided by which entity?
How many activities are involved and under which three sectors?
What was the initial corpus of the scheme?
What amount was allocated for 2022-23 under the RIDF and what is the cumulative allocation under the RIDF?
It provides loans up to what percent of project cost?
What is the repayment period of the loan?
Rural Infrastructure Development Fund (RIDF) was created in NABARD in 1995-96 with an initial corpus of ₹2000 crores. It provides loans to the State Government, State government corporations, Self Help Groups (SHG), NGOs and Panchayati Raj Institutions for rural infrastructure projects such as irrigation, soil conservation, watershed management .The fund is managed by NABARD.
It provides loans under 39 activities which are categorized into three sectors which are:
1) Agriculture and Related sector
2) Social Sector
3) Rural connectivity
- Around ₹40000 crores are allocated for 2022-23 under the RIDF and the cumulative allocation has reached ₹458410 crores, including ₹18500 crore under Bharat Nirman
- It provides loans from 80% to 95% of the project cost and a repayment period of 7 years.
- NABARD releases the sanctioned amount on reimbursement basis except for the initial mobilisation advance (30% to North Eastern & Hilly States and 20% for other States.
What is the outlay and tenure of the PMMSY (Pradhan Mantri Matsya Sampada Yojana) scheme?
What are the objectives of the PMMSY scheme?
The scheme will be implemented in which two components?
What is the financial assistance provied under the scheme for project cost?
A livelihood and nutritional support of ₹______per annum will be provided to socio-economically backward fishers’ families during the fish ban/lean period?
What percent of the budget is earmarked for meeting administrative expenses?
What is the insurance coverage provided to fishers?
What are the targets of the scheme till FY2024-25?
What are the provisions, benefits and criteria provided for the Fish Farmer Producer Organizations (FFPOs)?
The PMMSY (Pradhan Mantri Matsya Sampada Yojana) scheme was launched by the Ministry of Fisheries, Animal Husbandry & Dairying as a part of the Atmanirbhar Bharat Package in 2020 with an investment of ₹20050 crores. The tenure of the scheme is 5 years from 2020 to 2025.
The objectives of the PMMSY scheme are:
1) Harnessing of fisheries potential in a sustainable, responsible, inclusive and equitable manner
2) Enhancing fish production and productivity through expansion, intensification, diversification and productive utilization of land and water.
3) Modernizing and strengthening of value chain - post-harvest management and quality improvement. And reduce post-harvest losses to 10% and generate employment in the fishery sector.
4) Doubling fishers’ and fish farmers’ incomes and generation of employment.
5) Enhancing contribution to Agriculture GVA and exports.
6) Social, physical and economic security for fishers and fish farmers.
7) Robust fisheries management and regulatory framework
Implementation
It will be implemented in two components:
Centre Sector scheme- The complete project cost will be borne by the central government.
Centrally Sponsored scheme- The project cost for Northeast and Himalayan states will be borne by the central govt and state government in a 90:10 ratio while the project cost for other states will be borne by the central govt and state govt in a 60:40 ratio.
Benefits
- Financial assistance of 40% of the project cost in the general category and 60% of the project cost for women/SC/ST will be provided to beneficiaries.
- A livelihood and nutritional support of ₹3000 per annum will be provided to socio-economically backward fishers’ families during the fish ban/lean period. Each beneficiary contributes Rs. 1500 annually. The total amount of Rs. 4500 is disbursed to each beneficiary by the respective State/UT at a rate of Rs. 1500 per month during the fishing ban/lean period for three months annually.
- 2.5% of the annual budgetary allocation under PMMSY (central share) would be earmarked for meeting the administrative expenses for implementation, monitoring, evaluation and review of PMMSY
- Group Accident Insurance Scheme for Fishers (GAIS): Provides insurance coverage of Rs. 5 lakhs in case of death and permanent total disability; Rs. 2.50 lakhs for permanent partial disability and Rs. 25,000 for hospitalization. Under this scheme, the men or women fishers in the age group of 18 to 70 years shall be eligible for insurance coverage. The scheme is implemented through M/s Oriental Insurance Company Limited (OICL).
Major Impact, including employment generation potential:
1- Enhancing fish production from 137.58 lakh metric tons (2018-19) to 220 lakh metric tons by 2024-25.
2- Sustained average annual growth of about 9% in fish production
3- An increase in the contribution of GVA of the fisheries sector to the Agriculture GVA from 7.28% in 2018-19 to about 9% by 2024-25.
4- Double export earnings from Rs.46,589 crores (2018-19) to about Rs.1,00,000 crores by 2024-25.
5- Enhancing productivity in aquaculture from the present national average of 3 tonnes to about 5 tonnes per hectare.
6- Reduction of post-harvest losses from the reported 20-25% to about 10%.
7- Generate about 55 lakhs of direct and indirect employment opportunities in the fisheries sector along the supply and value chain. (15 lakh indirect fish & 40 lakh in allied activities).
8- 4 focus species: Tilapia, Pangasius, Sea Bass and Mud crab.
9- 61 Fishing harbours and fish landing centres are to be developed and modernized under PMMSY, Sagarmala and FIDF
Fish Farmers Procuder Organizations (FFPOs):
500 Fish Farmers Producer Organizations /Companies (FFPOs/Cs) would be set up to economically empower the fishers and fish farmers and enhance their bargaining power.
- The membership size of the FFPOs will be determined as follows: (a) Plain areas: Minimum member size of 100 shall be eligible
(b) Hilly and North Eastern regions: Minimum member size of 35 shall be eligible
- Formation and promotion of FFPOs will be taken up under the Central Sector Scheme component of PMMSY with 100% central funding.
- The cost towards formation and incubation of FFPOs shall be provided up to Rs. 25 Lakh per FFPO or actual whichever is less.
- Financial support up to a maximum of Rs. 18 lacks per FFPO or actual, whichever is less, shall be provided for three years from the year of formation
- The Equity Grant Provision will be in the form of a matching grant up to Rs 2000/- per member of FFPO subject to a maximum limit of Rs 15 lakhs per FFPO on the lines of 10,000 FPO scheme of Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare.
- Under the scheme, the registration cost of incorporating FFPOs under the Companies Act or registering under the Co-operative Societies Act will be reimbursable up to a limit of Rs. 40,000/- or actual, whichever is less; and the remaining, if any, will be borne by respective FFPO
What is the full form of MPLAD scheme and when was it introduced?
What is the fund amount provided in the MPLAD scheme?
It is under the administration of Which ministry?
What is the total annual outlay of the scheme?
What is the name of the portal launched for the MPs to manage their projects?
About:
It is a central sector scheme introduced in Dec 1993. It was initially under the administration of the Ministry of Rural Development (MoRD) but since 1994 it was transferred to the Ministry of Statistics & Programme Implementation (MoSPI). The scheme is monitored, and funded by the MoSPI.
Features:
- The scheme enables the Member of Parliaments to recommend developmental work to District Authorities. Lok Sabha members can recommend within their constituencies while Rajya Sabha members can recommend work within the state.
- Nominated members for both Rajya and Lok sabha can recommend working anywhere in the country
- Annual funding of ₹5 crores in two instalments of ₹2.5 crore each is provided by the MoSPI to the district authorities for the implementation of the scheme
- Total annual outlay is ₹4000 crore which is used for the implementation of recommended works sanctioned by the district authorities.
- The e-SAKSHI (Sansad Sadasya Sthaniya Kshetra Vikas Yojana) was launched to enable MPs to manage developmental projects in their constituencies
When was the National Apprenticeship Promotion Scheme (NAPS) launched and by which ministry?
What financial incentives are provided under the scheme?
What are the implementing agencies of the scheme?
Recently in the Union Budget FY2024, Govt announced to provide stipend to how many youths?
About
It was launched in 2016 by the Ministry of Skill Development & Entrepreneurship to increase apprenticeship in India. Under this scheme, the government shares the cost of training with the establishments under apprenticeship programs to boost apprenticeship and increase employment.
Incentives
- 25% of the Prescribed Stipend is shared by the central government subject to maximum amount of ₹1500 per month per apprentice
- Government share Basic training cost shared up to ₹7500 per apprentice for a period of 500 hours/3 months
Implementing Agencies
Central Govt Jurisdiction
- Regional Directorate of Skill Development & Entrepreurship (RDESE) for “Designated trade apprentice courses”
- NSDC (National Skill Development Corporation of India) and CEOs of sector skill councils are the implementing agencies for “Optional trade apprentice courses”
State Govt Jurisdiction
- State Apprenticeship Advisors (SAA) are the implementing agencies for both Designated and Optional apprentice courses
Recent Udpdates
* In the Budget FY2024, Govt announced to provide stipend to 47 Lakh youths in the next 3 years through Direct benefit transfer.
When was the PMKVY scheme launched and it is implemented by which entity?
What are the components of the PMKVY scheme?
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) was launched in 2015 under the Skill India Mission. Its objective is to enable a large number of Indian youth to take up industry-relevant skill training, which in turn helps them secure better livelihoods.
The scheme is implemented by the National Skill Development Corporation (NSDC), Ministry of Skill Development & Entrepreneurship.
- Training and assessment fees are paid completely by the government and payouts are provided to the Training Partners (TP)
- Funding is allocated at 50:50 allocation of funds at both state and central level
Components of the PMKVY scheme are:
1- Short-Term Training (STT)- Short-term training is provided to either school/college dropouts or the unemployed through PMKSY Training Centres according to the National Skills Qualification Framework (NSQF). Placement assistance is also provided by the Training Centres after the training.
2- Recognition of Prior Learning (RPL)- Individuals with prior skills or experience can register under the RPL framwork to get assesed and receive certification. It focuses on individuals engaged in unregulated sectors.
3- Special Projects –This component facilitates training in special areas or premises, including government bodies, corporate entities, and industry bodies. Special Projects may deviate from short-term training guidelines and cater to specific job roles not defined under existing Qualification Packs (QPs) or National Occupational Standards (NOS).
4- Rojgar Mela- It is an event organized by the Training Partners to extend employment opportunities to people. Rojgar melas should be organized every 6 months with 50% of PMKVY beneficieries. The Rozgar mela should have a presence of at least 4 companies to extend employment to PMKVY beneficiaries after training.
What is PM Gati Shakti ?
The PM Gati Shakti National Master Plan for Multi-Modal connectivity was launched on 15 Aug 2021. It was launched at an outlay of ₹100 lakh crores. It is an Infrastructure development & connectivity project for Logistics that aims to increase the speed (Gati) and Power (Shakti) of the projects by connecting all the concerned ministries in a single platform of PM-Gati Shakti.
The targets of PM-Gati Shakti are:
* Reducing logistics cost
* Increase the capacity of Cargo handling
* Seamless connectivity for the movement of people, goods and services from one mode of transport to another thus reducing travel time
The seven engines or sectors of PM-Gati Shakti are Roads, Railways, Airports, Ports, Waterways, mass transport and Logistics infrastructure
What is the full form of the PMMY scheme and when was it launched?
What are,e the three categories of loans under the PMMY scheme?
What is the interest subvention provided under the Sishu category?
What is the Authorized share capital and Paid-up capital of the MUDRA bank?
About- PMMY was launched in April 2015 by the government of India to provide loans to micro-enterprises from the non-farm and non-corporate sectors. The scheme aims to boost entrepreneurship at the micro level by financing micro-enterprises
The government established a MUDRA bank (Micro Units Development & Refinance Agency) that provides collateral-free loans up to Rs 10 lakh to borrowers. The loans are not directly provided by the MUDRA bank but through MFI, Banks, and NBFCs. The scheme is implemented by the Department of Financial Services, Ministry of Finance
PMMY has categorized loans into three categories-
Shishu- For loans up to Rs 50,000
Kishor- For loans between Rs 50,000 to Rs 5 lakh
Tarun- For loans between Rs 5 lakh to Rs 10 lakh
- Shishu loans provide a 2% interest subvention to borrowers for a tenure of 12 months, for loans up to rs 50000
MUDRA (Micro Unit Development and Refinance Agency)
MUDRA Bank has been set up as a subsidiary of SIDBI that provides low-interest rate loans to micro-finance institutions and NBFCs (Non-Banking Finance Institutions). These micro-finance institutions like SHGs (Self Help Groups), JLPs (Joint Liability Groups), Small banks, etc provide loans to small manufacturing units, shopkeepers, fruits & vegetable vendors, and Artisans up to ₹10 lakhs. Presently, the Authorized Shared capital of MUDRA is ₹5000 crores and Paid-up capital is ₹1675.92 crores
What is the full form of GOBARdhan scheme and when was it launched?
It was launched by which department and under which ministry?
What are the four models of the scheme?
The GOBARdhan (Galvanizing Organic Bio-Agro Resource Dhan) scheme was launched in 2018 by the Department of Drinking Water and Sanitation, Ministry of Jal Shakti under the Swachh Bharat Mission-Gramin (SBM-G). It aims to convert cow dung and other solid waste in farms to compost, bio-CNG and bio-gas. The scheme will be implemented by Districts through Gram Panchayats (GM), SHGs, FPOs, Community-Based Organizations (CBO) etc.
The 4 models of the GOBARdhan scheme are
1- Individual Household model- Individual households with 3 or more cattle can convert cow dung into biogas for cooking and slurry can be used as manure.
2- Community model- Biogas plants can be constructed for 5 to 10 households. The biogas generated will be supplied to households, restaurants or institutions and slurry can be used by households as organic manure or sold to farmers.
3- Cluster model- In this model, biogas is generated in a group of villages
4- Commercial model- Entrepreneurs, cooperative societies etc can set up bio-CNG plants and the biogas produced can be used as fuel in vehicles and slurry can be converted into fertilizers and sold to farmers
When was the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterpises) launched?
It was launched by which two entities?
The corpus amount is contributed in what ratio?
What is the credit guarantee from a range of___% to ___% is provided up to ₹_____?
Which Activities are not allowed for eligibility of the scheme?
Credit Guarantee up to ₹____is provided for which entities?
What is the Credit Guarantee structure?
About:
The CGTMSE scheme was launched in 2000 by the Ministry of MSME and SIDBI to provide a credit guarantee from 75% to 85% of the credit, for credit up to ₹500 lakhs (5 crores) to Micro and Small enterprises. The corpus of the scheme is contributed by the government of India and SIDBI in the ratio of 4:1. Credit Guarantee of up to ₹50 lakhs will be provided to Regional Rural Banks (RRB), SFBs and other select financial institutions.
Eligible Activities: New and Existing MSEs engaged in Manufacturing and Services sectors are eligible but activities such as Education, training institutions, SHGs and Agriculture-related activities are not included.
Credit Guarantee Structure:
a) For Credit up to ₹ 5 lakhs:
- Credit Guarantee of 85% for Micro-enterprises
- Credit Guarantee of 80% for MSEs located in the Northeast region, Ladakhh and J&K
b) For Credit from ₹5 lakhs and up to ₹ 50 lakhs:
- Credit Guarantee of 75% for Micro-enterprises
- Credit Guarantee of 80% for MSEs located in the Northeast region, Ladakhh and J&K
c) For credit from ₹50 lakhs and up to ₹500 lakhs
- Credit Guarantee of 75% for Micro Enterprises
- Credit Guarantee of 75% for MSEs located in the Northeast region, Ladakh and J&K
d) Credit Guarantee of 85% for credit up to ₹500 lakhs for women entrepreneurs, SC, ST, PWD, MSEs situated in aspirational districts, ZED-certified MSEs and MSEs promoted by agniveers
e) Credit Guarantee of 75% for credit up to ₹500 lakhs for all other categories of borrowers
f) Credit Guarantee of 50% for credit up to ₹500 lakhs for MSE retail trade
The extent of guarantee coverage for MSEs situated in Identified Credit Deficient Districts (ICDD) is additional 5% over and above the applicable guarantee coverage wef December 15, 2023(i.e for guarantee of 75%, the coverage would be 80%, for 80% it would be 85% and for 85% it would be 90%)
When was the PMJDY scheme launched and what is the full form?
Overdraft facility up to what amount and after how many months are provided to the PMJDY account holders?
What is the Life insurance coverage and Accidental Insurance coverage provided under the scheme?
The PMJDY (Pradhan Mantri Jan Dhan Yojana) was launched in 2014 to enhance financial inclusion in India. It aims to increase financial inclusion through financial services like bank accounts, insurance and Pensions.
- PMJDY account holders get zero balance savings account with an overdraft facility of up to ₹10000 after 6 months of satisfactory performance.
- Life Insurance coverage of ₹30,000 and accidental insurance coverage of ₹2 lakhs are provided to PMJDY account holders
