The document discusses various socio-economic development schemes introduced by the Indian government. It provides details of 15 key schemes, including their objectives and benefits. Some of the major schemes discussed are Pradhan Mantri Jan Dhan Yojana, which provides bank accounts and insurance to citizens, and Pradhan Mantri Fasal Bima Yojana, which provides crop insurance for farmers. The document outlines how these schemes aim to improve people's livelihoods through financial inclusion, education, healthcare, agriculture support and more.

1. {
Seminar-591
Governmental economic schemes
Submitted to Submitted by
Prof. Snehlata Maheshwari Seema Dangi
M.Sc Final Year

2.  It is quite too often read that different concern of socio-economic development are
poverty, unemployment development of roads and bridges and facilities like
hospitals, educational institutions in India.
 In order to understand the concept of socio-economic development, development
should be defined.
 Generally, development is defined as a state in which things are improving. In the
socio-economic context, development means the improvement of people lifestyle
through improved education, income, skill development and employment.
 It is the process of economic and social transformation ased or cultural
environmental factors
 Over the years, the Indian government has introduced several schemes.
 The schemes have not only helped Indian citizens improve their financial
situations, but have also contributed to the country’s economy.
 Out of various government schemes for the development of the weaker
sections of the society, many of the economic schemes are linking the
beneficiaries to the institutional source of credit, specially the banks and
providing financial assistance of various other schemes also through their
banks accounts.
Introduction

3. Among the various scheme following schemes have
completed more than one year.
 Pradhan mantri jan dhan yojna (PMJDY)
 Sukanya samriddhi yojna (SSY)
 Pradhan mantri jeevan jyoti bima yojna (PMJJBY)
 Rashtriya swasthya bima yojana (RSBY)
 Pradhan mantri fasal bima yojana (PMFBY)
 Mudra bank yojana
 Pradhan mantri suraksha bima yojana
 Atal pension scheme
 Udaan project
 Pradhan mantri awas yojana (PMAY)
 Kisan vikas patra
 Gold monetization scheme
 Start-up india, stand-up india
 Bhamashah yojana
 Rashtriya krishi bima yojna

4.  Objective- To provide access to financial services such as savings and
deposit accounts, remittance, credit, insurance, pension, etc. at
affordable rates.
 Benefits of the scheme:
- 1 lakh accident insurance cover, and Rs. 30,000 life insurance cover for
those who opened bank accounts before January 26th
- 4% interest per annum on money deposit
- No criteria for minimum balance
- Money can be transferred to any account in India
- We can get money of government schemes directly in our bank account
- Overdraft facility upto Rs. 5,000 is available after operating bank account
for 6 months
PRADHAN MANTRI JAN DHAN YOJNA
(Launched on 28th August 2014)

5.  Objective- The aim of this scheme is to meet the education and
marriage expenses of a girl child.
 Benefits of the scheme:
- The account can be opened and operated by a parent or guardian
as soon as a girl child turns 10.
- Up to 50% of the balance can be withdrawn to meet educational
requirements of the girl after she turns 18.
- Money can be transferred from one authorized bank to another or
from post office to any authorized bank and vice versa.
- Offers an interest rate of 8.6% and provides income tax benefits.
2. SUKANYA SAMRIDDHI YOJNA (SSY)
(Launched on 22nd January 2015)

6.  Objective-The uniqueness of the PMJJBY is that it is a renewable
insurance scheme, offering life insurance coverage of Rs. 2 lakhs
on death.
 Benefits of the scheme:
- The death benefit will be received by the nominee
- The cover is for one year. (From June 1 to May 31). It can be
renewed every year
- Life cover of Rs. 2 lakhs is available at just Rs. 330 per annum
3. PRADHAN MANTRI JEEVAN
JYOTI BIMA YOJNA
(Launched on 9th May 2015)

7.  Objective- Its main objective is to provide health insurance coverage to people
belonging to the BPL (Below Poverty Line) category
4. RASHTRIYA SWASTHYA BIMA YOJANA (RSBY):
(Launched in 2008)
Benefits
of the
scheme
It provides
health
insurance
The
premium is
just Rs. Rs.
30 per
annum
Provides
cover for
transportati
on charges
Covers up
to Rs.
30,000 on a
floater

8.  Objective-To provides insurance cover to rabi and kharif crops and
also financial support to farmers in case there is any damage of
crops.
 Benefits of the scheme:
 -The pradhan mantra fasal bima yojana is premised on a premium
amount of 2 per cent for kharif crops and1.5 percent for rabi crops.
 -This covers most food crops and oil crops cultivated in india.
 -The premium is pegged at 5 percent for commercial or horticultural
crops for one year.
5. PRADHAN MANTRI FASAL BIMA YOJANA
(PMFBY)
Launched on 11th of October 2014

9.  Objective- The Objective of the scheme is to encourage entrepreneurs and
small business units to expand their capabilities and to reduce indebtedness.
 MUDRA will provide credit up to Rs.10 lakh to small entrepreneurs & act as a
regulator of Microfinance institutions.
6. MUDRA BANK YOJANA : (Micro Unit
Development and Refinance Agency Bank)
(Launched on 8th April 2015)
The bank will
classify its clients
into three categories
and the maximum
allowed loan sums
will be based on the
category
Shishu- the starters-covers loan
up to Rs.50,000
Kishor- the mid-stage finance
seekers-covers loan above
Rs.50,000 and up to Rs.5,00,000
Tarun- growth seekers- covers
loan above Rs.5,00,000 and up to
Rs. 10,00,000

10.  Objective- Once this scheme is launched insurance penetration will widen and
it is believed that everyone would get a minimum basic cover.
7. PRADHAN MANTRI SURAKSHA
BIMA YOJANA
(Launched on 9th May 2015)
Benefits
of the
Scheme
In case of death,
nominee will
receive Two
Lakh Rupees
In case of Total and
irrecoverable loss of
one eyesight or loss of
one hand or foot, the
nominee will receive
one lakh rupees.
In case of physically
hendicapted nominee
will receive Rs.
200,0000/-

11.  Objective- This scheme aimed at increasing the number of people
covered under any kind of pension scheme. It is one of the three Jan
Suraksha schemes.
 It especially targeted the private unorganized sector and citizens
between the ages of 18 to 40 years.
 Benefits of the Scheme:
 The scheme provides a monthly pension of Rs 1000 to Rs. 5000 per
month based on the contributions made by the beneficiary.
8. ATAL PENSION SCHEME
(Launched on 9th may 2015)

12.  Objective- The programme aims to provide skills training and enhance
the employability of unemployed youth of J&K.
 Udaan project also aims to provide a platform that empowers girl
students and provides them with better learning opportunities.
 Benefits of the Scheme:
 The human resource development (HRD) ministry programme is
designed to provide a comprehensive platform to deserving girl students
aspiring to pursue higher education in engineering and assist them in
preparing for the IIT-JEE while studying in Classes 11 and 12.
9. UDAAN PROJECT
(Launched on 10th July, 2015)

13.  Objective: Achieve housing for all by the year 2022, 2 crore in Urban
and 3 Crore homes in Rural areas.
 Benefits of the Scheme:
 The biggest benefit PMAY gives away is the rate of subsidy.
 Widows, transgender, differently-able persons, seniors and women who
fall under lower earning groups, scheduled caste people, tribal groups
and such people will get special benefit while availing houses under this
scheme.
 The PMAY and also the other housing development schemes not only
bring about benefit for the people but for the nation as well.
10. PRADHAN MANTRI AWAS YOJANA (PMAY)
(Launched on 25 June 2015)

14.  Objective- Its main objective was to provide safe and secure investment avenues
to budding investors.
 It is an investment scheme that promises that the invested money will get
doubled in 8 years and 4 months. However, investors would not get any tax
benefit for their investment in KVP.
 Benefits of scheme:

Amount Invested matures in 115 months.

Rate of Interest 7.5%.

Certificate can be purchased by an adult for himself or on behalf of a minor or by
two adults.

KVP can be purchased from any Departmental Post office.

Facility of nomination is available.

Certificate can be transferred from one person to another and from one post
office to another.
11. KISAN VIKAS PATRA
Launched in the year 2015 on 3rd of March

15.  Objective- To reduce the reliance on gold imports over time and to lure
tonnes of gold from households into the banking system
 Under the scheme, people can deposit gold into the banks and earn interest
based on the value of the gold.
12. GOLD MONETIZATION SCHEMES
Launched in the year of 2015 on 04 of November
Benefits
of the
Scheme
Coins and
bars can
earn
interest
Return is
possible in
physical
gold or
rupees
Earnings are
exempt from
capital gains
tax, wealth tax
and income tax
Our gold
will be
securely
maintained

16.  Objective- This project objective was to provide support to all start-up businesses.
The start-ups can adopt self-certification to reduce the regulatory liabilities.
13. START-UP INDIA, STAND-UP INDIA
(Initiated in the year 2016 on 16th of January)
Benefits
of the
project
No
inspection
for first 3
years under
labour law
Tax holiday
of first 3
year
Self
Certification
Compliance
No Capital
gain tax
80 %
Rebate in
patent fee

17.  Objectives- The objective of the scheme was financial inclusion and to
empower the women of the State.
 Benefits of the Scheme:
 -Ensuring empowerment of women
 -Financial inclusion for all sections of the society
 -End-to-end service delivery platform for cash and non-cash benefits with
complete transparency and real-time delivery
 -Closer-to-home banking services to citizens
 -A unified platform for a large number of schemes
 -Includes both family and individual beneficiary
14. BHAMASHAH YOJANA
(Launched in 2008)

18.  Objective- The scheme intends to provide insurance cover and financial
support to the farmers in the event of failure of crops as a result of natural
calamities like natural fire, lightening, storms, cyclone, flood, draught, pests
and diseases.
 Benefits of the Scheme:
 -The Scheme is expected to be a critical instrument of development in the
field of crop production.
 -It not only provides financially support in the event of crop failure but also
would stimulate farmers to adopt progressive farming practices, high value
imputs and higher technology in farming.
 -This is not only support and stimulate productions of food crops and oil seeds
but also would help in stabilizing farm incomes even during disaster hit years.
 -This scheme is help in maintaining smooth flow of agricultural credit.
15.RASHTRIYA KRISHI BIMA YOJNA
(Launched on 29th May, 2007)