Government Schemes Daily PDF – Economic and Social Issues for RBI Grade B and UPSC

govt schemes daily pdf 28-05-2018
govt schemes daily pdf 28-05-2018

Government Schemes Daily 28-May-2018- Economic and Social Issues For RBI Grade B and UPSC:

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“Government Schemes” is an important topic for RBI Grade B and NABARD, a considerable number of questions have been asked in recruitment exams like RBI Grade B Phase-1 as well as Phase-2 2017; UPSC 2017 and NABARD Grade A 2018. An aspirant preparing for these kind of exams must definitely find a way to remember maximum information, both static and current affairs, related to the government schemes launched by the government of India and respective state governments. We have analyzed the pattern of questions from the previous years’ memory based question papers and have tried to demystify this topic by categorizing the topic into five major sections to help the aspirant learn/remember government schemes easily and excel in any kind of questions asked in the exams. Hope this document will play its role in your preparation.

                                Introduction to Government Schemes
Government Schemes can be categorized into two types based on the implementation of schemes :
– Central Sector Schemes : Central Sector Schemes are 100% funded by government of India and implemented by concerned ministries.
– Centrally Sponsored Schemes : Centrally sponsored schemes are the schemes where a proportion of the scheme is funded by government of India and the rest is funded by respective state governments and the scheme is implemented by the states. The different ratios in which the funding is shared is: 50:50; 70:30; 75:25; 90:10 – is usually shared in case of North Eastern States. CSS scheme is cleared defined in the report – Baijal Committee Report 1987.

Mahatma Gandhi National Rural Employment Guarantee Act

Aimed at providing guarantee for 100 days of employment in a financial year to adults in a household who are willing to work in unskilled manual work at a stipulated minimum wage.

Facts and Figures –      A budgetary allocation of Rs 55,000 crore has been made for the scheme in 2018-19

–      The scheme is introduced in 2005

–      Employment will be provided within a radius of 5 km

–      Unemployment allowance will be provided if work is not assigned within 15 days of submitting the application seeking for work

–      Mandatory Social Audit has to be conducted by Gram Sabha

–      Wages will be paid equally to both men and women

Implemented by Ministry in Government of India / State Government Ministry of Rural Development

Download Banking Current Affairs January – May 2018

Deen Dayal Antyodaya Yojana (DAY)
Purpose Aimed at providing self-employment opportunities and skilled wage employment to people in rural and urban areas to reduce poverty and uplift people in below poverty line by providing sustainable livelihood
Facts and Figures –      Budgetary allocation for DAY – NRLM – Rs 5,750 Crore in 2018-19

–      NRLM launched in 2011

–      NRLM and NULM merged into Deen Dayal Antyodaya Yojana in 2015

–      Targeted to bring one woman in every household to join a self-help group

–      Community investment fund and revolving fund promoted by NRLM to stabilize financial management of rural poor and help them gain access to regular bank finance

–      A sub scheme of NRLM – National Rural Livelihood Projects has been implemented in 13 high poverty states which account for 90% of the rural population in the country
(Tamilnadu, Karnataka, Rajasthan, Maharashtra, Madhya Pradesh, Odisha, West Bengal, Gujarat, Bihar, Uttar Pradesh, Assam, Chhattisgarh and Jharkhand)

Implemented by Ministry in Government of India / State Government The scheme is further divided into
DAY –  National Urban Livelihood Mission
Implemented by Ministry of Urban Affairs
DAY – National Rural Livelihood Mission
Implemented by Ministry of Rural Development

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Pradhan Mantri Kaushal Vikas Yojana
Purpose To provide Skill training to the youth in the country
Budgetary Allocation Allocation of Rs 12,000 Crore for 2016-20
Facts and Figures –      Aimed at covering 10 million youth between 2016-20

–      The scheme will be implemented through National Skill Development Corporation

–      The Skill training will be based on National Skill Qualification Framework

–      Primary Focus on Class 10 and 12 dropouts with special emphasis on recognition of prior learning and an average assistance of Rs 8000 will be awarded to the trainee/.

Current Affairs India’s first PM Kaushal Vikas Yojana for Skilling in Smart Cities is inaugurated in New Delhi in October 2017
Implemented by Ministry in Government of India / State Government Ministry of Skill Development and Entrepreneurship

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National Nutrition Mission – POSHAN Abhiyan
Purpose Aim is to achieve improvement in nutritional status of children from 0-6 years, adolescent girls, lactating mothers and pregnant women
Budgetary Allocation Budgetary allocation of NNM is Rs 9046.17 Crore
Facts and Figures

–      Launched in Jhunjhuna in Rajasthan on 8th March 2018

–      Reducing stunting, under-nutrition, anemia and low birth weights in babies beginning from 2017-2

–      Reduction in stunting to 25% by 2022

–      ICT based real time monitoring system

–      More than 10 Crore people to be benefitted from the scheme

–      2017-18: 315 districts will be covered

–      2018-19: 235 districts will be covered

–      Reduce low birth weight by 2%,2%,3%,2% p.a. over four years

–      Setting-up Nutrition Resource Centers, involving masses through Jan Andolan for their participation on nutrition through various activities, among others

–      60:40 sharing of contribution between government of India and states

–      90:10 NER and Himalayan Region

–      100% for Union Territories without legislatures

Current Affairs –      Government of India signed USD 200 Million with World Bank for Poshan Abhiyan to cover National Nutrition Mission in 315 districts in Phase-I
Implemented by Ministry Ministry of Women and Child Development

Download Budget, Economic Survey 2018 and other Facts and Figures in 2018 PDF

Atal Pension Yojana
Purpose Aimed to provide Social Security to Unorganized workforce in the country which constitute 88% of the total work force by providing Monthly Pension after they attain the age of 60 Years.
Budgetary Allocation
Facts and Figures

–      Pension ranging from Rs 1000 to Rs 5000

–      Eligible Age Group – 18 to 40

–      No exit available in the scheme before the age of 60 years

–      Administered by PFRDA

Current Affairs –      Atal Pension Yojana’s subscribers’ base has crossed 1 Crore mark in May 2018

–      The scheme has collected Rs 3,950 Crore contribution from the subscribers

–      Generated 9.10% CAGR growth rate since inception till March 2018

–      State with highest APY base – Uttar Pradesh as in May 2018

–      Small Finance Banks and Payments Bank are authorized from January 2018 to offer APY subscription in order to increase APY subscription base

Implemented by Ministry in Government of India / State Government Ministry of Finance

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Current Affairs related to Government Schemes in 2018

  • Government of Maharashtra has launched a Rs 4000 Crore Nanaji Deshmukh Krishi Sanjivani Yojana – scheme aimed at promoting climate resilient agriculture in 15 districts of Maharashtra.
  • AU Small Finance Bank has signed an agreement with Life Insurance Corporation of India for offering PM Jeevan Jyothi Bima Yojana
  • As per the recent approval from Ministry of Finance, Small Finance Banks and Payments Banks will be offering Atal Pension Yojana to increase the subscriber base of the scheme. Atal Pension Yojana subscribers have cross 1 crore mark in May 2018. Uttar Pradesh has the highest number of subscriber base.
  • Government of India has signed a loan agreement of USD 250 Million with Asian Development Bank for construction of All Weather Roads in 5 Indian states in January 2018 under PM Gram Sadak Yojana.
  • Government of Uttar Pradesh has launched Mukhya Mantri Awas Yojana – Grameen in January 2018, a scheme aimed at construction of houses in rural areas. Beneficiaries of the scheme are citizens who are not enrolled any of the central and state government housing schemes.
Financial Assistance to
People in Naxal affected areas
Rs 1,30,000
Financial Assistance to
selected beneficiaries  in other than affected Naxal areas
Rs 1,20,000
  • Government of Karnataka procured electrical vehicles under FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India) Scheme in January 2018.
  • Government of Maharashtra launched ASMITA Yojana scheme to provide sanitary pads at Rs 5 a pack to 7 lakh government school going girls.
  • Indian Overseas Bank has signed an MoU with National Housing Bank for Rural Housing Interest Subsidy Scheme of Ministry of Rural Development.
  • Integrated Solar based Micro Irrigation Scheme has been implemented by Government of Haryana in all its districts in January 2018, a committee has also been formed by Haryana Renewable Energy Development Agency to formulate a strategy for implementation of the scheme.
  • Muhafiz scheme for workers in unorganized sector has been launched by government of Jammu and Kashmir to provide social security for 3 lakh workers registered with J&K building and other construction workers’ welfare board by providing accidental, life and disability insurance cover, the premium for which will be borne by the government.

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