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Pradhan Mantri Ujjwala Yojana (PMUY, translation: Prime Minister's Lightening Scheme) was launched by Prime Minister of India Narendra Modi on 1 May 2016 to distribute 50 million LPG connections to women of Below Poverty Line (BPL) families. [1] [2] [3] A budgetary allocation of ₹ 80 billion (US$920 million) was made for the scheme.
The Pradhan Mantri Ujjwala Yojana scheme was launched in 2016 under the government of Prime Minister Modi, [8] and originally targeted providing LPG connections to rural women of below the poverty line (BPL) households. The target was initially to provide 50 million free LPG connections in three years, which was then extended to provide 80 ...
PM Mudra Yojana (PM Micro Units Development and Refinance Agency Scheme) CS MoF: 2015 Financing MUDRA is a financial institution for funding small businesses. [58] 34,42,00,000 beneficiaries have received ₹ 18.6 lakh crore (equivalent to ₹ 21 trillion or US$240 billion in 2023). [59] New entrepreneurs consist 22% of the beneficiaries. [60]
Modi also launched Pradhan Mantri Ujjwala Yojana (PMUY) on 1 May 2016 to distribute 50 million LPG connections to women of BPL families. [124] [125] [126] A budgetary allocation of ₹ 800 billion (US$9.2 billion) was made for the scheme. In the first year of its launch, the connections distributed were 22 million against the target of 15 million.
Saubhagya Scheme or Pradhan Mantri Sahaj Bijli Har Ghar Yojana was an Indian government project to provide electricity to some households. [ 1 ] [ 2 ] The project was announced in September 2017 by Prime Minister Narendra Modi , who said that the aim was to complete the electrification process by December 2018. [ 3 ]
Pradhan Mantri Ujjwala Yojana beneficiaries will get free cylinders for at least three months. This will benefit over 80 million Below Poverty Line families. [ 54 ] [ 55 ] The government would expedite payment of the first installment (₹2,000) due in 2020–21 in April itself under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).
Nationwide financial literacy and financial inclusion schemes such as PM's Jan Dhan Yojana (PM's People's Wealth Scheme) launched in August 2014 and the JAM Yojana, that is the bank-mobile-identification trinity, were started to this effect. [11] [10] Literacy and social issues also impact the beneficiary. Tracking deposits, reading SMS ...
The features of Pradhan Mantri Awas Yojana are that the government will provide an interest subsidy of 6.5% (for EWS and LIG), 4% for MIG-I and 3% for MIG-II [11] [12] on housing loans availed by the beneficiaries for a period of 20 years under credit link subsidy scheme (CLSS) from the start of a loan. The houses under Pradhan Mantri Awas ...