PM Modi Yojana: A Guide to the Government's Important Schemes
PM Modi Yojana: Schemes that can change your life
The government of India has launched a number of important schemes in recent years, all aimed at improving the lives of the people. These schemes cover a wide range of areas, from financial inclusion to healthcare to education.
The schemes launched by the government are collectively known as PM Modi Yojana. These schemes are designed to provide financial assistance, social security, and other benefits to the people of India.
In this blog post, we will take a closer look at some of the most important schemes under PM Modi Yojana and explain how they can benefit you. We will also provide some tips on how to apply for these schemes and get the most out of them.
Here are some of the most important schemes under PM Modi Yojana:
Pradhan Mantri Jan-Dhan Yojana (PMJDY): This scheme was launched in 2014 to ensure that every Indian has access to basic banking facilities. Under PMJDY, every eligible Indian is entitled to open a bank account with zero balance, a RuPay debit card, a life insurance cover of Rs. 330, and a pension of Rs. 3000 per month after the age of 60.
Pradhan Mantri Ujjwala Yojana (PMUY): This scheme was launched in 2016 to provide free LPG connections to poor households. Under PMUY, a deposit-free LPG connection is provided to eligible households along with a free LPG stove and refill.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): This scheme was launched in 2019 to provide financial assistance to small and marginal farmers. Under PM-KISAN, a sum of Rs. 6000 per year is transferred to the bank accounts of eligible farmers in three equal installments.
Atal Pension Yojana (APY): This scheme was launched in 2015 to provide a guaranteed pension to the elderly. Under APY, subscribers can contribute a minimum of Rs. 100 per month and a maximum of Rs. 5000 per month. The government contributes an additional 50% of the subscriber's contribution.
Pradhan Mantri Kaushal Vikas Yojana (PMKVY): This scheme was launched in 2015 to provide skill training to youth. Under PMKVY, the government provides financial assistance to individuals and organizations that provide skill training.
Pradhan Mantri Suraksha Bima Yojana (PMSBY): This scheme was launched in 2015 to provide accidental insurance cover to people. Under PMSBY, a sum of Rs. 2 lakh is paid to the nominee of a person who dies in an accident.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): This scheme was launched in 2015 to provide life insurance cover to people. Under PMJJBY, a sum of Rs. 2 lakh is paid to the nominee of a person who dies due to any reason.
Here are some frequently asked questions about PM Modi's key Yojanas or schemes:
**Q1. What is Pradhan Mantri Jan Dhan Yojana?**
Pradhan Mantri Jan Dhan Yojana (PMJDY) is a financial inclusion program launched in 2014 that aims to provide universal access to banking facilities for every household. It offers basic savings bank accounts with a debit card, overdraft facility, accident insurance cover and more.
**Q2. Who is eligible for PMJDY account?**
Any individual who does not have a bank account can open a PMJDY account. The account can be opened in any bank branch or Business Correspondent outlet by providing basic KYC documents like Aadhaar, voter ID card etc.
**Q3. What are the benefits of Pradhan Mantri Awas Yojana?**
PMAY aims to provide affordable housing to the urban poor. It offers credit-linked subsidies of up to Rs 2.67 lakh on home loans, subsidies for beneficiary-led house construction, affordable housing in partnership with private developers, and more.
**Q4. How to apply for Pradhan Mantri Mudra Yojana loan?**
To avail loan under PMMY, approach banks, MFIs, NBFCs who provide Mudra loans. The maximum loan amount is Rs 10 lakh with flexibility of loan use for income generating activities across various sectors.
**Q5. What is covered under Ayushman Bharat health insurance?**
Ayushman Bharat PMJAY provides health cover of Rs 5 lakhs per family annually for secondary and tertiary hospitalization. Over 10 crore poor families are eligible as per SECC database. It covers surgery, medical treatments, diagnostics etc.
**Q6. Who is eligible for PM Kisan Samman Nidhi?**
All landholding farmers' families with cultivable land are eligible subject to certain exclusion criteria. The beneficiaries receive Rs 6000 annually in 3 equal installments. The amount is directly transferred to their bank accounts.
**Q7. How can I apply for free LPG connection under PM Ujjwala Yojana?**
You can apply for a new LPG connection under PMUY at your nearest LPG distributor by providing your Aadhaar number and bank account details. The connection is released in the name of an adult woman of the household.
**Q8. What is the maximum pension under Atal Pension Yojana?**
Based on your contribution amount between Rs 100-5000 per month, you can get a guaranteed monthly pension between Rs 1000-5000 from the age of 60 years. The Central Government also co-contributes 50% up to Rs 1000 per annum.
Let me know if you need any clarification on the eligibility, application process or benefits of other Yojanas by PM Modi!