Introduction to 11 Pradhan Mantri Schemes in India
The Government of India has launched several schemes and initiatives to promote the welfare of the citizens of the country. One such scheme is the Pradhan Mantri Schemes, which includes a range of initiatives aimed at empowering and supporting various sections of society. In this article, we will discuss the different Pradhan Mantri Schemes launched by the government, their objectives, and their impact on society.
Pradhan Mantri Schemes are a series of government initiatives launched by the Indian government with the aim of promoting the welfare of its citizens across various sectors. These schemes have been designed to provide financial assistance and support to individuals belonging to different socio-economic backgrounds.
Pradhan Mantri Schemes, with a focus on promoting financial inclusion, skill development, and social security, Pradhan Mantri Schemes have made a significant impact on the lives of millions of Indians.
From providing free health insurance to the economically weaker sections of society to offering financial assistance to farmers and unorganized workers, these schemes have led to an increase in accessibility of healthcare services, job opportunities, and financial security, among others.
- Pradhan Mantri Jan Dhan Yojana (PMJDY): This scheme was launched in August 2014 with the aim of providing financial inclusion to all citizens of the country. Under this scheme, bank accounts were opened for every household, and various services such as overdraft facilities, insurance cover, and pension schemes were made available. The scheme has been successful in promoting financial literacy and empowering the financially weaker sections of society.
- Pradhan Mantri Suraksha Bima Yojana (PMSBY): This scheme was launched in May 2015 to provide accidental insurance cover to all citizens. The premium for the policy is only Rs.12 per annum, and the coverage is up to Rs.2 lakhs. The scheme has been successful in promoting financial security among the citizens and has led to an increase in the number of insured individuals.
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): This scheme was launched along with PMSBY in May 2015, with the objective of providing life insurance cover to all citizens. The premium for the policy is only Rs.330 per annum, and the coverage is up to Rs.2 lakhs. The scheme has been successful in promoting financial security among the citizens and has led to an increase in the number of insured individuals.
- Pradhan Mantri Mudra Yojana (PMMY): This scheme was launched in April 2015 with the aim of providing financial assistance to micro and small enterprises. Under this scheme, loans up to Rs.10 lakhs are provided to individuals, which can be used for starting or expanding a business. The scheme has been successful in promoting entrepreneurship and has led to the creation of several job opportunities.
- Pradhan Mantri Awas Yojana (PMAY): This scheme was launched in June 2015 with the objective of providing affordable housing to all citizens by 2022. Under this scheme, the government provides financial assistance to individuals for the construction or purchase of a house. The scheme has been successful in promoting housing development and has led to an increase in the number of individuals owning a house.
- Pradhan Mantri Ujjwala Yojana (PMUY): This scheme was launched in May 2016 with the aim of providing free LPG connections to below poverty line households. The scheme has been successful in promoting clean cooking fuel and has led to a decrease in the use of traditional cooking fuels, which are harmful to health.
- Pradhan Mantri Fasal Bima Yojana (PMFBY): This scheme was launched in January 2016 with the aim of providing crop insurance to farmers. The premium for the policy is subsidized by the government, and the coverage is up to 90% of the crop loss. The scheme has been successful in promoting crop insurance and has led to a decrease in the financial burden on farmers due to crop loss.
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY): This scheme was launched in July 2015 with the objective of providing skill development training to youth. Under this scheme, individuals are provided with training and certification in various sectors, which can lead to better job opportunities. The scheme has been successful in promoting skill development and has led to an increase in the employability of the youth in the country.
- Pradhan Mantri Arogya Yojana (PMJAY): This scheme was launched in September 2018 with the aim of providing health insurance coverage to the economically weaker sections of society. Under this scheme, eligible individuals are provided with free hospitalization and medical treatment. The scheme has been successful in promoting universal health coverage and has led to an increase in the accessibility of healthcare services to the economically weaker sections of society.
- Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): This scheme was launched in February 2019 with the objective of providing financial assistance to farmers. Under this scheme, eligible farmers are provided with Rs. 6,000 per year in three installments. The scheme has been successful in promoting financial security among farmers and has led to an increase in their income.
- Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM): This scheme was launched in February 2019 with the aim of providing pension benefits to unorganized workers. Under this scheme, eligible individuals are provided with a monthly pension after the age of 60. The scheme has been successful in promoting social security and has led to an increase in the well-being of unorganized workers.
Since the launch of the Pradhan Mantri Schemes in India, there has been a significant increase in the number of beneficiaries who have benefited from the various initiatives. As of September 2021, over 42 crore individuals have received benefits under the Pradhan Mantri Jan Dhan Yojana, which aims to promote financial inclusion among the poor and unbanked.
Similarly, over 32 crore individuals have benefited from the Pradhan Mantri Ujjwala Yojana, which provides LPG connections to households below the poverty line. The Pradhan Mantri Fasal Bima Yojana has benefited over 7 crore farmers, while the Pradhan Mantri Awas Yojana has provided affordable housing to over 1.13 crore individuals. These numerical data points highlight the success of the Pradhan Mantri Schemes in promoting the welfare of citizens across different sectors and socio-economic backgrounds.
Conclusion for Pradhan Mantri Schemes in India
In conclusion, the Pradhan Mantri Schemes launched by the government of India have been successful in promoting the welfare of citizens across different sectors. These schemes have not only provided financial assistance but have also promoted skill development, entrepreneurship, and social security. The impact of these schemes can be seen in the increase in financial inclusion, accessibility of healthcare services, and job opportunities, among others. The government’s continued efforts to promote the welfare of its citizens through such schemes are commendable and should be supported by all.
FAQ
How many PM schemes are there in India?
It is difficult to give an exact number, as the Indian government introduces new Pradhan Mantri (PM) schemes from time to time. However, as of September 2021, there were more than 100 such schemes.
What is Pradhan Mantri 2 lakh scheme?
The Pradhan Mantri 2 Lakh Scheme, officially known as the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), is a life insurance scheme launched by the Indian government in 2015. It offers a life cover of Rs. 2 lakhs to the insured person’s nominee in case of their untimely demise. The premium for the scheme is quite low, at Rs. 330 per year.
What is the 12 rupees insurance scheme?
The Rs. 12 insurance scheme refers to the Pradhan Mantri Suraksha Bima Yojana (PMSBY), which is a personal accident insurance scheme launched by the Indian government in 2015. It offers a cover of Rs. 2 lakhs in case of accidental death or disability, and the premium is just Rs. 12 per year.
What are the 4 Social security schemes?
The Indian government has launched four social security schemes, collectively known as the Jan Suraksha Schemes. These are:
a. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) – life insurance scheme
b. Pradhan Mantri Suraksha Bima Yojana (PMSBY) – personal accident insurance scheme
c. Atal Pension Yojana (APY) – pension scheme for unorganized sector workers
d. National Pension System (NPS) – pension scheme for both organized and unorganized sector workers.