Schemes

Government securities denominated in gold grams are known as Sovereign Gold Scheme. They are substitutes for holding physical gold. The insurance price must be paid in cash, and the bonds must be redeemed in cash at maturity. The bond is issued by the Reserve Bank of India on behalf of ...

The Ayyankali Urban Employment Guarantee Scheme  (AUEGS), which virtually reached the 35 lakh workdays for the 100 crores that the State government earmarked this year for the scheme, seeks to reach 50 lakh person-days of employment this year. Furthermore, it is proposed that the project’s work be done in a ...

“Raising and Accelerating MSME Productivity” (RAMP) is a new Central Government Scheme with a five-year duration (2021–22–2025-26) and a budget of INR 6062.45 Cr, of which the World Bank will contribute INR 3750 Cr (USD 500 Mn) and the rest will be covered by the Indian government. The Reserve Bank ...

The Government of India has approved a new centrally-sponsored scheme, the ‘New India Literacy Programme (नव भारत साक्षरता कार्यक्रम)’ for the period during FYs 2022-2027 to cover all the aspects of ‘Education for All’ (erstwhile termed as Adult Education) to align with National Education Policy 2020 and also with that ...

The finance minister introduced a new scheme, Operation Greens, with a budget of 500 crores in the Union Budget 2018-2019. The Ministry of Food Processing Industries, or MoFPI, is currently in charge of Operation Green. The Nodal Agency for the Implementation of Price Stabilization Measures is NAFED. Operation Greens is ...

The Pradhan Mantri Kisan Urja Suraksha even Utthan Mahabhiyan (PM KUSUM) Scheme for farmers to establish solar pumps and grid-connected solar and other renewable power plants in the country has been announced by the Ministry of New and Renewable Energy (MNRE). With a total central financial support of Rs. 34,422 ...

The Pradhan Mantri Garib Kalyan Yojana / Package is a Rs 1.70 lakh crore relief package for the underprivileged to aid them in their fight against the Corona Virus. This was launched in March 2020, with the goal of reaching out to the lowest of the poor with food and ...

The Department of Animal Husbandry, Dairying, and Fisheries is implementing the Dairy Entrepreneurship Development Scheme (DEDS) to create self-employment opportunities in the dairy sector by providing back-end capital subsidies for bankable projects in areas such as milk production, procurement, preservation, transportation, processing, and marketing. The National Bank for Agriculture and ...

The Indian government established a Sub-Mission on Agricultural Mechanization (SMAM) It is a critical mission to boost productivity on limited land in order to fulfil increased demand due to population expansion and higher wealth. Given that India only accounts for 2.4 percent of the world’s geographical area and 4% of ...

Venture Capital Assistance is financial assistance in the form of an interest-free loan to qualifying projects to help them achieve their capital requirements for project implementation. To aid agribusiness growth in the country, the SFAC venture capital plan will provide financial support for the compilation of bankable Detailed Project Reports, ...