The Sukanya Samriddhi Yojana (SSA) is a government-backed savings scheme in India specifically designed to promote the welfare and financial security of the girl child. Launched under the “Beti Bachao, Beti Padhao” campaign, this scheme offers a high-interest rate and significant tax benefits, making it an ideal long-term investment option for parents. Current Interest Rate … Read more
The Public Distribution System (PDS) is a crucial social welfare scheme in India, designed to distribute essential food grains and commodities to the country’s poor at subsidized prices. This system evolved as a response to scarcity, ensuring that food grains are available at affordable prices across the nation. Over time, PDS has become a significant … Read more
The National Social Assistance Programme (NSAP) is a crucial initiative by the Government of India to financially support vulnerable sections of society, including the elderly, widows, and persons with disabilities. Launched on August 15, 1995, NSAP is a Centrally Sponsored Scheme under the Social Security Welfare Schemes. Key Objectives of NSAP NSAP is designed to … Read more
The PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) was launched by the Ministry of Housing and Urban Affairs to provide affordable working capital loans to street vendors whose livelihoods were severely impacted by the lockdown. Importance of Street Vendors Street vendors play a crucial role in the urban informal economy by directly offering essential goods … Read more
The Indian government has introduced the Ayushman Bharat Digital Health ID Card, a revolutionary step under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). This digital health initiative allows citizens to consolidate and access their medical records through a unique identification card. Those who are already enrolled under the Ayushman Bharat scheme can easily … Read more
Pradhan Mantri Gramin Awas Yojana (PMAY-G), previously known as Indira Awas Yojana (IAY), is a pivotal social welfare scheme implemented by the Indian government. This initiative aims to provide affordable housing for the rural poor, ensuring everyone has a roof. The scheme aligns with the government’s broader vision of “Housing for All,” with a target … Read more
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a vital social security scheme that provides affordable accident insurance. This one-year policy, renewable annually, offers coverage for accidental death and disability, ensuring financial protection for policyholders and their families against unforeseen incidents. Key Features of PMSBY PMSBY is administered by Public Sector General Insurance Companies (PSGICs) and … Read more
The Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a flagship national mission to ensure universal access to financial services, including banking, savings, deposit accounts, remittance, credit, insurance, and pensions. This initiative seeks to provide affordable financial solutions to every household across India, particularly targeting weaker sections and low-income groups. Key Features of PMJDY Zero Balance Account: … Read more
The Pensioners Life Certificate, or Jeevan Pramaan, is a Digital Life Certificate designed for pensioners to complete their annual verification process. This service, accessible through the official website jeevanpramaan.gov.in, eliminates the need for pensioners to physically visit the disbursing agency by enabling digital Submission. Convenience at Your Fingertips Jeevan Pramaan, a Digital India initiative by … Read more
For government employees who joined on or after January 1, 2004, the process of checking their Contributory Pension Scheme (CPS) Fund Value and downloading the annual statement of transactions has been made remarkably simple. This can be done online through the National Pension System (NPS) portal, which offers a convenient way to manage one’s pension. … Read more