GOVERNMENT SCHEMES

" Make in India " is more than a catchphrase; it's a transformative initiative pioneered by the Indian Government to elevate the nation into a global manufacturing powerhouse. Launched by Prime Minister Narendra Modi in September 2014, the Make in India campaign aims to invigorate the manufacturing sector, foster innovation, attract investments, and drive economic growth while bolstering self-reliance. In this comprehensive article, we delve into the core components, achievements, challenges, and the promising future of this groundbreaking initiative. Key Elements of Make in India The Make in India initiative comprises several integral components: Strategic Sectors : The initiative focuses on 25 vital sectors,spanning from automobiles, aerospace, and defense to electronics, textiles, and renewable energy. By encouraging investments and innovation in these sectors, India aims to stimulate job creation and boost exports. Business-Friendly Environment : Simplifying bureaucra...

The Department of Expenditure, Ministry of Finance, has rolled out the highly anticipated Vivad se Vishwas 2.0, also known as the Contractual Disputes scheme, to address and resolve prolonged contractual disputes involving the government and government undertakings. In a significant announcement during the Union Budget 2023-24, Union Finance Minister Smt. Nirmala Sitharaman introduced this scheme, designed to streamline dispute settlement and foster a more business-friendly environment.  An Overview of Vivad se Vishwas 2.0: Vivad se Vishwas 2.0 emerges as a game-changer for settling contractual disputes with the government. This scheme establishes a voluntary settlement mechanism for parties entangled in disputes where arbitral awards are being contested in court. Employing a strategic use of graded settlement terms, Vivad se Vishwas 2.0 aims to promote amicable resolutions, ensuring a hassle-free dispute resolution experience. Eligibility Criteria for Settlement under Vivad se Vis...

  “ Gruha Jyothi Scheme ” is the flagship program of the Government of Karnataka, which provides free electricity for up to 200 units for every residential household of Karnataka.

The Union Cabinet, under the leadership of Prime Minister Shri Narendra Modi, has approved a transformative new centrally sponsored scheme - "PM SHRI Schools" (PM ScHools for Rising India). This innovative scheme aims to strengthen over 14,500 schools across the country, managed by the Central Government, State/UT Governments, and local bodies, by showcasing the components of the National Education Policy 2020 and providing mentorship to other schools in their vicinity. The scheme focuses on delivering high-quality education for the cognitive development of students and nurturing well-rounded individuals equipped with essential 21st-century skills. Key Features of PM SHRI Schools: Equitable, Inclusive, and Joyful Learning Environment: PM SHRI Schools foster an equitable and inclusive education system in a joyful environment, catering to diverse backgrounds, multilingual needs, and academic abilities of children, in alignment with NEP 2020. Green Schools : PM SHRI Schools embr...

Sukanya Samriddhi Yojana is a small deposit scheme of the Government of India meant exclusively for a girl child and is launched as a part of Beti Bachao Beti Padhao Campaign. The scheme is meant to meet the education and marriage expenses of a girl child.   Benefits Under the scheme, a minimum of Rs 1000 and a maximum of Rs 1,50,000 can be deposited. Some of the benefits associated with opening the account under the yojana includes high interest rate, savings on income tax, lock in period, when account reaches the maturity age account balance including the interest rate will be paid to the policy holder and lastly the policy holder receives interest even when the scheme reaches maturity.   Mode of Application One could open the SSA account in any post office or authorised branch of commercial banks. You can contact your nearest post office/bank branch for more scheme related information.

In 2015, the Indian government introduced the Beti Bachao, Beti Padhao (BBBP) scheme to address concerns of gender discrimination and women empowerment in the country. The name Beti Bachao, Beti Padhao translates to ‘Save the girl child, educate the girl child’. The scheme aims to educate citizens against gender bias and improve efficacy of welfare services for girls. It was launched with an initial funding of Rs. 100 crore (US$ 13.5 million). The Beti Bachao Beti Padhao Yojana aims to achieve the following goals: Improve the child sex ratio Ensure gender equality and women empowerment Prevent gender-biased, sex selective elimination Ensure survival and protection of the girl child Encourage education and participation of the girl child Official Website:  https://wcd.nic.in/bbbp-schemes