Sunday, July 12, 2020

PM Schemes ~ Pradhan Mantri Yojana -Ready Reckoner

PM Garib Kalyan Yojana extended

-Under PM Garib Kalyan Yojana, PM announced a package of Rs1.75 lakh crore. 

-In the last 3 months, Rs 31,000 crore deposited in bank accounts of 20 crore poor families. Also, Rs 18000 crore deposited in bank accounts of more than 9 crore farmers.

-announced by Finance Minister Nirmala Sitharaman on March 26, the government announced free foodgrains and cash payment to women and poor senior citizens and farmers

PM Gareeb Kalyan Anna Yojana (PMGKAY) will be extended till the end of November


-  PM Modi said the scheme will continue till November end, aiding around 80 crore people to avail free grains. This extension will cost over Rs 90,000 crore

-80 crore poor people, covering about two-thirds of the country's population, will get 5 kg rice or wheat each month for the next three months free of charge, in addition to the 5 kg they already get.

Garib Kalyan Rojgar Abhiyaan(GKRA)

-is a 125-day Abhiyaan launched by Prime Minister on 20th June, 2020

- to address the issues of returnee migrant workers & similarly affected rural population by Covid-19

-by giving focus on 25 works in 116 selected districts across 6 States 
(Bihar, Odisha, Uttar Pradesh, Madhya Pradesh, Jharkhand

-the 116 districts will also contain 27 aspirational districts—>India’s poorest areas in socio-economic indices

- with a resource of Rs 50,000 cr

- Broad objectives
1. Provide for immediate employment opportunities to returnee migrant workers and similarly affected rural populations.
2. Saturate villages with public infrastructure and assets 
3. Set Stage for enhancing longer term livelihood opportunities.

PM KISAN -Pradhan Mantri Kisan Samman Nidhi

-initiative by the government of India in which all farmers families will get up to ₹6,000 per year as minimum income support

-initiative was announced by Piyush Goyal during the 2019 Interim Union Budget

-scheme will cost ₹75,000 crore per annum and will come in effect from Dec 2018

-₹6,000 per year will be paid to each eligible farmer in three instalments and will be deposited directly to their bank accounts.
-weaker farmer families having a cultivable land up to 2 Hectare

PM SVANidhi

- The Union Cabinet on June 1 cleared a credit scheme for 50 lakh Urban, peri urban & rural street vendors so that they can revive their businesses under Pradhan Mantri Street Vendor AtmaNirbhar Nidhi


Objectives
1. working capital loan up to Rs.10,000 at subsidized rate of interest;
2.To incentivize regular repayment of loan;
3.To reward digital transactions.

- Scheme shall be implemented up to March, 2022.

AtmaNirbhar Bharat Abhiyan

-PM Narendra Modi announced an economic package totaling Rs.20 lakh crore to tide over the Covid-19 crisis
- announced on 12 May 2020
- this is 10 per cent of India’s GDP
- includes the govt’s announcements on supporting key sectors & measures by Reserve Bank of India
-five pillars of AtmaNirbhar Bharat Abhiyaneconomy, infrastructure, technology driven system, vibrant demography and demand

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