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The budget of ₹ 53 billion (US$610 million) in a time span of one year 2015-2016 has been allocated to this scheme. [2] The decision was taken on 1 July 2015 at the meeting of Cabinet Committee on Economic Affairs, approved with an outlay of 50000 crore for period of 5 years (2015-16 to 2019-20).
The scheme was officially launched by Prime Minister Narendra Modi on 20 November 2016 from Agra. [ 2 ] Indira Awas Yojana was launched in 1985 by Rajiv Gandhi , the Prime Minister of India , as one of the major flagship programs of the Ministry of Rural Development to construct houses for the Below Poverty Line population in the villages.
The scheme, rechristened Maternity benefits programme is set to cover the entire nation. Prime Minister Narendra Modi, in his 2017 New Year's Eve speech, announced that the scheme will be scaled up to cover 650 districts of the country. [7] The announcement assumes significance as India accounts for 17% of all maternal deaths in the world.
[152] [153] [154] The scheme will help 10 crore families in their medical need. [155] Under the Ayushman Bharat programme, there is a new scheme has been announced by Arun Jaitley , the finance minister of India, called National Health Protection Scheme , providing a health insurance cover of ₹5 lac a family per annum. [ 156 ]
Schemes can also be categorised as flagship schemes. [10] 10 flagship schemes were allocated ₹ 1.5 lakh crore (equivalent to ₹ 1.7 trillion or US$19 billion in 2023) in the 2021 Union budget of India. [10] The subsidy for kerosene, started in the 1950s, was slowly decreased since 2009 and eliminated in 2022. [11] [12] [13]
Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme by the Government of India to facilitate access to affordable housing for the low and moderate-income residents of the country. It envisaged a target of building 2 crore (20 million) affordable houses by 31 March 2022.
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
Under the scheme, dedicated stores known as Pradhan Mantri Bharatiya Janaushadhi Kendras( launched as Jan Aushadhi Kendras in 2008 and later renamed to PMBJK post-2016) were established to distribute generic drugs and surgical devices. These kendras offer medicines at prices 50–90% lower than those of branded equivalents, ensuring ...