Government schemes in India hold a major share in the working of a country. Since NDA came into power, India has witnessed a flood of government schemes for solving different problems of the citizens and also uplifting the developing country as a whole.

Although there are various views about how much these schemes are effective on the ground level, they hold importance in various upcoming exams.

So, we have ensured that you know about the scheme's name, starting date, objective, and a brief about the scheme or flagship programmes of government of India through this article:

• Pradhan Mantri Jan-Dhan Yojana(PMJDY): The most marketed flagship programmes of government of India, Pradhan Mantri Jan-Dhan Yojana which was launched on 28 August 2014, under the National Mission for Financial Inclusion was launched initially for 4 years (in two phases) focuses on the access of banking facilities and providing to the needs of the Indian citizens when it comes to having at least one basic banking account for every household, financial literacy, access to credit, insurance and pension.

• Pradhan Mantri Suraksha Bima Yojana: Through Prime Minister's Social Security Schemes, launched by the Hon'ble Prime Minister on 9th May 2015, all eligible (between 18 and 70 years) account holders can access through their bank accounts personal accident insurance cover of 2 lakh (at a premium of 12 Rs. / year) and Rs. 1 Lakh for partial disability under Pradhan Mantri Suraksha Bima Yojana.

  One can complete KYC for the bank account with Aadhar card as the public sector general insurance companies or any other general insurance company who is willing to offer the product on similar terms with necessary approvals and tie-up with banks for this purpose.

• Pradhan Mantri Jeevan Jyoti Bima Yojana: They can also avail the life insurance cover of Rs. 2 Lakh for people b/w 18 to 50 years (@Premium of Rs. 330 per annum) under Pradhan Mantri Jeevan Jyoti Bima Yojana. As the name suggests, Jeevan Jyoti, the scheme is targeted towards the death of the insured who can pay the premium of Rs. 330 per annum which will auto auto-debited in one instalment from the subscriber's bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme. While it is being offered by the Life Insurance Corporation or LIC, other life insurers can also offer the same with necessary approvals and tie-ups with banks 

• Atal Pension Yojana: Offering a guaranteed minimum pension to subscribers is the Atal Pension Yojana or APY. Launched on 9th May 2015, it focuses on offering subscribers with a monthly pension from the unorganized sector b/w age of 18 to 40 years. The subscribers will receive a minimum monthly pension of Rs. 1,000 or Rs. 2,000 or Rs. 3,000 or Rs. 4,000 or Rs. 5,000 at the age of 60 years. Under APY, the monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be returned to the nominee of the subscriber.

• PM Mudra Yojna: Being an initiative launched on 8 April 2015 to focus on providing loan to small businessmen from 50 thousand to 10 lakh, it is a government scheme to uplift the young entrepreneurs especially with the amounts differing from up to Rs. 50,000 is given under sub-scheme 'Shishu'; between Rs. 50,000 to 5.0 Lakhs under sub-scheme 'Kishore'; and between 5.0 Lakhs to 10.0 Lakhs under sub-scheme 'Tarun'.

• Make In India: A scheme to support the original talent in the country, Make in India was launched in 2014 intended to boost the domestic manufacturing sector and also augment investment into the country. With the aim to spur the growth of the economy and revive the lagging manufacturing sector, well, the scheme not only focuses to boost investment from India but outside India as well.

• Atmanirbhar Bharat Abhiyan: The year 2020 has offered some unprecedented challenges for every country and amidst the Modi government's various initiatives to support the people, there is Atmanirbhar Bharat Abhiyan or self-reliant India scheme. Announced in four tranches by the Union Finance Minister Nirmala Sitharaman in May 2020, this economic stimulus relief package announced by the government is touted to be worth Rs.20 Lakh crores inclusive of the Rs 1.70 lakh crore relief package, as the PMGKY, for the poor to overcome difficulties caused by the coronavirus pandemic and the lockdown imposed to check its spread.

THE CORONA VIRUS IMPACT ON GOVT SCHEMES

And as of June 5, to avoid running up more debt during Corona, The Finance minister, Sitaraman announced all schemes approved in 2020 financial year to be suspended till March 31st 2021, with exceptions to only PMO-helped ones like Prime Minister Gareeb Kalyan Package and the Atmanirbhar Bharat Abhiyan package or any other package that may be announced subsequently

Along with the previously launched schemes, we have also briefed you about the government schemes 2020. Now, if you are looking for details on these schemes, you can visit https://www.india.gov.in/my-government/schemes