Current Affairs

10 new schemes you need to know in the Modi Budget.

Notable new schemes of NDA government’s first full-fledged budget.

  1. Pradhan Mantri Suraksha Bima Yojana, to offer a coverage of 2 lakh rupees for just premium of Rs. 12, that is Rs. 1 per month.
  2. Atal Pension Yojana to provide defined pension according to the contribution; 50% contribution to be from the government.
  3. Nayi Manzil to enable minority youth without school leaving certificates to get the employment.
  4. Pradhan Mantri Krishi Sinchayee Yojana, as a measure to mitigate the risk of monsoon dependent irrigation. The scheme is aimed to give assured irrigation to farmers. The scheme is aimed to give assured irrigation to farmers.
  5. The new Pradhan Mantri Vidya Lakshmi Programme will ensure no student misses out on higher education opportunities due to lack of funds.
  6.  Shyama Prasad Mukherji Rurban Mission will be launched to deliver integrated project-based infrastructure in the rural areas. The scheme will also include development of economic activities and skill development.
  7. Jeevan Jyoti Bima Yojana with a life insurance cover of Rs 2 lakh with an annual premium of Rs 330. This will be for those between the age-group of 18 years to 50 years.
  8. National Skill Mission to be launched through skill development and entrepreneurship ministry, to develop employability of youth, especially below 25 years of age.
  9. Allocation of Rs.1,000 crores to enable information technology (IT) Start-ups create additional funding avenues for small firms and in turn, generate more employment.
  10. A dedicated TV Channel for Farmers Kisan TV, dedicated to the interests of the agriculture and allied sector will be launched in the current financial year. This will disseminate real-time information to the farmers regarding new farming techniques, water conservation, organic and farming etc.,


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