Are you seeking a safe investment option with a guaranteed monthly income? Look no further than the Post Office Monthly Income Scheme, a reliable scheme backed by the Government of India. Those with extra money often seek various investment opportunities. Some buy land to increase their wealth, while others invest in the stock market. However, … Read more
The central government has introduced various schemes to provide financial assistance to the poor and unemployed. However, many people are not aware of these schemes and cannot utilize them. One such scheme is the Prime Minister’s Employment Program (PMEGP), which aims to provide self-employment opportunities to unemployed youth by offering loans ranging from Rs. 1 … Read more
The central government implements the PMEGP scheme to improve self-employment opportunities for manual workers and unemployed youth. This scheme provides loans from Rs.5 lakh to Rs.25 lakh with a 15-35% subsidy for self-employment in manufacturing, services, or business sectors. Prime Minister’s Employment Generation Program (PMEGP) is a scheme the Central Government offers. Banks provide subsidized … Read more
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a vital social security initiative introduced by the Indian government. Launched in 2015, this life insurance scheme provides financial protection to individuals and their families, particularly targeting the economically weaker sections of society. Overview of PMJJBY PMJJBY is a one-year renewable life insurance scheme that offers a … Read more
The central government is offering a loan of Rs. 2 lakhs through the Swarnima Scheme to support women in becoming self-reliant entrepreneurs. This scheme aims to empower women to start small businesses and create a sense of self-reliance. The loan comes with a nominal interest rate, and women with an annual family income of less … Read more
The Sukanya Samriddhi Yojana Scheme (SSY), introduced by the Central Government, has undergone vital changes to ensure that girls do not face financial difficulties in the future. Every parent needs to be aware of these changes, as they need to do so to be eligible for the SSY scheme. Read this article to understand the … Read more
The Central Government is introducing a new scheme called PM e-Drive from October 1, 2024, to promote the use of electric vehicles. The scheme aims to create EV charging infrastructure and increase the adoption of electric vehicles. The inaugural function will be held on October 1 at the Bharat Mandapam in Delhi. Union Minister of … Read more
Many individuals in our country aspire to start a business but need more motivation or collateral when seeking a bank loan. However, there is good news for those in this situation. The ‘Pradhan Mantri Mudra Yojana’ (PMMY) initiated by the Central Government is designed to address this issue. Under this scheme, individuals can secure a … Read more
All the details are available online with a single click. The survey process related to issuing the family digital card as part of the ‘One State-One Card’ policy has started in Telangana state as a pilot project. This card contains all the information about the welfare schemes provided by the state government. It also includes … Read more
The State Bank of India, synonymous with reliability, offers various deposit schemes, including the SBI Annuity Deposit Scheme. This scheme requires a lump sum deposit, after which the customer receives guaranteed monthly income and interest. Interest is paid out monthly along with the principal and is calculated quarterly on the remaining balance in the account. … Read more