PRE ACADEMY GOVT JOBS PREP
Prime Minister’s Internship Scheme (PMIS)
Announced under the PM’s 5-scheme Employment Package, administered by the Ministry of Corporate Affairs (MCA).
Highlights & Benefits
- Target: 1 crore youth to receive 12-month internships in top 500 companies over 5 years.
- Stipend: ₹5,000/month (₹4,500 Central Government DBT + ₹500 Company CSR fund).
- One-time Grant: ₹6,000 incidentals assistance upon joining via DBT.
- Insurance: Automatic cover under PMJJBY and PMSBY funded by the government.
- Age & Qualifications: 21 to 24 years. Open to 10th, 12th, ITI, Diploma, and non-professional graduates (BA, B.Sc, B.Com, BBA, BCA, B.Pharma).
PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)
Notified by the Ministry of Heavy Industries to replace FAME-II and EMPS 2024 with a total outlay of ₹10,900 crore.
Key Highlights
- Subsidies for 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses.
- ₹2,000 crore allocated to install 72,300 Public Charging Stations across cities and highways.
- Digital paperless subsidy claim using Aadhaar-authenticated e-vouchers.
Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0)
Approved to address housing needs of 1 crore urban families with an overall investment of ₹10 lakh crore.
- Central assistance of ₹2.30 lakh crore over 5 years.
- 4% interest subsidy on home loans up to ₹25 lakh for tenures up to 12 years (max subsidy ₹1.80 lakh).
- Four verticals: Beneficiary-Led Construction (BLC), Affordable Housing in Partnership (AHP), Affordable Rental Housing (ARH), and Interest Subsidy Scheme (ISS).
Sukanya Samriddhi Yojana (SSY)
Why in News?
- Union Government raised returns on SSAS to 8.2%.
- 3-year Post Office Time Deposit Scheme increased to 7.1%.
About the Scheme
Deposit scheme by Ministry of Finance exclusively for girl child under Beti Bachao Beti Padhao campaign.
Eligibility & Benefits
- Resident Indian girl child until maturity; opened before child attains 10 years of age.
- Maximum 2 accounts per family (triplets/twins allowed on affidavit).
- Min deposit: ₹250/yr; Max deposit: ₹1,50,000/yr. Maturity: 21 years. EEE tax status under Section 80C.
Production Linked Incentive (PLI) Scheme
Incentive of 4%–6% on incremental sales of goods manufactured in India across 14 key sectors.
14 Sectors Covered
- Telecom, White goods, Textiles, Medical devices, Automobiles, Specialty steel, Food products, High-efficiency solar PV modules, Advanced chemistry cell battery, Drones, Pharmaceuticals, Bulk Drugs, and Electronics.
PM-KUSUM
- Deadline to install 30,000+ MW solar capacity extended to March 2026.
- Components: 10,000 MW decentralised plants; 20 lakh standalone solar pumps; solarising 15 lakh grid pumps.
- Cost sharing: CFA up to 30% (50% in NE/hilly areas) + State 30% + Farmer 40% (bank loan available up to 30%).
New Solar Scheme for PVTG (PM-JANMAN)
- Outlay: ₹515 crore (2023–24 to 2025–26).
- Provision of 0.3 kW solar off-grid systems for 1 lakh PVTG households (Central Share 100% up to ₹50,000/household).
- ₹5 lakh per Multi-Purpose Centre (MPC) for solar lighting.
Pradhan Mantri Suryodaya Yojana
- Target to install rooftop solar systems in 1 crore households.
- Aims to fulfill the broader 40 GW national rooftop solar capacity target.
- Gujarat ranks first in rooftop capacity (~2.8 GW), followed by Maharashtra (~1.7 GW).
Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY)
- Free foodgrains extended for 5 years from 1 January 2024 (Outlay: ₹11.80 lakh crore).
- 5 kg foodgrains per person per month under NFSA; AAY households receive 35 kg per household per month.
- Covers 80+ crore beneficiaries across India.
NTPC – Girl Child Empowerment Mission (GEM)
- Flagship CSR summer workshop by NTPC aligned with Beti Bachao, Beti Padhao.
- Nurtures education, imagination, and holistic self-confidence of underprivileged girls across 42 PSU stations.
PM Jeevan Jyoti Bima Yojana (PMJJBY)
- Entry Age: 18–50 years (cover up to age 55).
- Coverage: ₹2 lakh life insurance cover against death due to any reason.
- Premium: ₹436 per annum via auto-debit. Cumulative enrolments cross 16+ crore.
PM Suraksha Bima Yojana (PMSBY)
- Entry Age: 18–70 years.
- Coverage: ₹2 lakh for accidental death or permanent total disability; ₹1 lakh for partial disability.
- Premium: ₹20 per year auto-debited annually.
Pradhan Mantri Fasal Bima Yojana (PMFBY)
- Premiums: Kharif crops 2%, Rabi crops 1.5%, Commercial/Horticultural crops 5%.
- Balance subsidy shared 50:50 between Centre & States (90:10 for NE states).
- Operates on an Area Approach Basis against yield loss, pests, floods, and droughts.
Kisan Credit Card (KCC)
- Collateral-free agricultural loan limit enhanced to ₹2.00 lakh.
- Short term crop loans up to ₹3 lakh provided at 7% p.a.; prompt repayment subvention of 3% brings effective rate down to 4% p.a.
- Extended to dairy, animal husbandry, and fisheries farmers.
PM Kisan Maan-Dhan Yojana (PM-KMY)
- Old-age pension scheme for Small & Marginal Farmers (SMFs) aged 18–40 years.
- Assured pension of ₹3,000/month upon attaining 60 years of age.
- Managed by LIC; 50% family pension (₹1,500/mo) to spouse on beneficiary's death.
Soil Health Card (SHC)
- Provides report on 12 parameters: N, P, K (macro); S (secondary); Zn, Fe, Cu, Mn, Bo (micro); and pH, EC, OC (physical).
- Issued once every 2 years based on grid sampling: 2.5 ha (irrigated) and 10 ha (rainfed).
- World Soil Day celebrated on 5 December.
Bhu-Vision (KRISHI-RASTAA Soil Testing System)
- IoT-based automated soil testing system developed jointly by ICAR-IIRR and KrishiTantra.
- Delivers tests for 12 key parameters in just 30 minutes directly to mobile devices.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
- Launched 24 Feb 2019; Central Sector Scheme (100% GoI funded).
- Income support of ₹6,000 per year in 3 equal installments of ₹2,000 via DBT.
- Over 11.8 crore farmer families covered.
Namo Shetkari Mahasanman Nidhi Yojana (NSMNY)
- Maharashtra State Government top-up support of ₹6,000/year for PM-KISAN eligible beneficiaries.
- Combined financial assistance equals ₹12,000/year via DBT.
National Agriculture Market (e-NAM)
- Pan-India electronic trading portal integrating 1389 APMC mandis across 23 States and 4 UTs.
- Trades over 219 commodities under the tagline Uttam Fasal Uttam Enaam. Lead agency: SFAC.
Pradhan Mantri Kisan SAMPADA Yojana (PMKSY - MoFPI)
- Umbrella scheme for Agro-Marine Processing and Agro-Processing Clusters.
- Allocation of ₹4,600 crore approved till 31 March 2026 to modernize cold chain and reduce post-harvest waste.
Krishi Rakshak Portal & SARTHI (under PMFBY)
- Helpline 14447: Comprehensive digital grievance portal and multilingual call centre.
- SARTHI: Sandbox for Agricultural & Rural Security, Technology and Insurance piloting diversified micro-insurance products.
Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)
- Sub-scheme under PMMSY for formalising fisheries micro-enterprises with an outlay of ₹6,000 crore (FY24 to FY27).
- 50% public funding (including World Bank) and 50% private/beneficiary leverage.
Pradhan Mantri Mudra Yojana (PMMY)
- Provides collateral-free institutional credit to micro/small non-corporate enterprises.
- Categories: Shishu (up to ₹50k), Kishore (₹50k–₹5L), Tarun (₹5L–₹10L), and newly launched Tarun Plus (₹10L–₹20L) for previous Tarun borrowers.
PM SVANidhi
- Working capital loans for urban, peri-urban, and census town street vendors: 1st tranche ₹15,000, 2nd ₹25,000, 3rd ₹50,000.
- 7% interest subsidy per annum on timely repayment credited via DBT; UPI-linked RuPay Credit Card upon 2nd loan repayment.
Agnipath Scheme
- Recruitment for youth aged 17.5 to 23 years into Armed Forces for 4 years as Agniveers.
- Up to 25% of candidates absorbed into regular military cadre; non-absorbed receive Seva Nidhi financial exit package.
Atal Pension Yojana (APY)
- Administered by PFRDA for Indian citizens aged 18–40 years with a savings bank account.
- Guaranteed monthly pension of ₹1,000 to ₹5,000 upon attaining 60 years. Income taxpayers are excluded from joining.
Pradhan Mantri Vaya Vandana Yojana (PMVVY)
- Pension scheme for senior citizens (60+) implemented exclusively via LIC.
- Assured 8% p.a. return for 10 years; investment purchase price up to ₹15 lakh per senior citizen.
Senior Citizens Savings Scheme (SCSS)
- Deposit limit enhanced to ₹30 lakh. Interest rate stands at 8.2% p.a. (quarterly paid).
- Tenure: 5 years, extendable in 3-year blocks indefinitely upon submission of application.
SCSS — 7 Key Structural Changes
- Retirees aged 55–60 now get 3 months (earlier 1 month) to invest retirement benefits.
- Spouses of deceased government employees are allowed to invest compensation/assistance.
- Retirement benefits definition expanded to include gratuity, leave encashment, and commuted pension.
- Premature closure before 1 year incurs only a 1% deduction on deposit.
- Extension permissible for unlimited 3-year blocks.
- Extended deposits earn the prevailing interest rate on the date of maturity.
- Investment ceiling raised to ₹30 lakh.
Pradhan Mantri Awaas Yojana – Gramin (PMAY-G)
- Aims to provide pucca houses with clean cooking, electricity, and toilets to rural homeless and kutcha home dwellers.
- Cost-sharing: 60:40 in plain states, 90:10 in North-Eastern and Himalayan States. Minimum area 25 sq.m.
MGNREGA
- Legal guarantee of 100 days of unskilled wage employment per financial year to rural households.
- Unemployment allowance mandated if work is not allotted within 15 days of demand.
- Average national wage rate: ₹289/day. Highest wage: Haryana (₹374/day); lowest: Arunachal Pradesh & Nagaland (₹234/day).
Ayushman Bharat PM-JAY
- Provides health insurance cover up to ₹5 lakh per family per year for secondary and tertiary care.
- Latest Update: All senior citizens aged 70 years and above are covered with an independent ₹5 lakh top-up irrespective of income.
PM Gati Shakti National Master Plan
- Digital platform coordinating 16 ministries for multi-modal connectivity and infrastructure projects.
- Aims to bring down national logistics costs to global standards and prevent redundant infrastructure execution.
FAME India (Phase-II)
- Outlay: ₹10,000 crore to electrify public transport, commercial 3-wheelers, and private 2-wheelers.
- Targeted 7,090 e-buses, 5 lakh e-3Ws, 55,000 e-passenger cars, and 10 lakh e-2Ws.
PM-JANMAN (Janjati Adivasi Nyaya Maha Abhiyan)
- Outlay: ₹24,104 crore targeting 75 Particularly Vulnerable Tribal Groups (PVTGs) across 18 States & 1 UT.
- 11 critical interventions led by 9 ministries including pucca housing, piped drinking water, solar lighting, and roads.
Pradhan Mantri Matsya Sampada Yojana (PMMSY)
- Highest investment in the fisheries sector with an outlay of ₹20,050 crore.
- Fish production target: 22 million metric tonnes with robust export and cold-chain capacity.
PM SHRI Schools
- Upgrading 14,500 schools to act as model exemplars for the National Education Policy (NEP 2020).
- Centrally Sponsored Scheme with a project cost of ₹27,360 crore (Central share ₹18,128 crore).
Pradhan Mantri Jan Dhan Yojana (PMJDY)
- Completed 10 years with over 53 crore bank accounts opened and deposits exceeding ₹2.3 lakh crore.
- Zero-balance Basic Savings Bank Deposit Accounts, ₹10,000 overdraft limit, and built-in ₹2 lakh accident cover on RuPay debit cards.
Electric Mobility Promotion Scheme 2024 (EMPS 2024)
- Interim 4-month scheme with ₹500 crore outlay supporting electric two-wheelers and three-wheelers (including e-rickshaws and L5 category).
PM Formalisation of Micro Food Processing Enterprises (PMFME)
- Outlay: ₹10,000 crore. Credit-linked capital subsidy at 35% of eligible project costs up to ₹10 lakh per micro-enterprise.
- Aligned with the One District One Product (ODOP) framework across India.
PM Vishwakarma
- End-to-end support for traditional artisans across 18 trades with ₹13,000 crore outlay.
- Collateral-free loans up to ₹1 lakh (tranche 1) and ₹2 lakh (tranche 2) at a concessional interest rate of 5%.
- ₹15,000 toolkit e-voucher grant and ₹500/day training stipend.
PM PRANAM
- Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth.
- No separate budget: funded by passing on 50% of fertiliser subsidy savings as a grant to states that reduce chemical fertiliser consumption.
GOBAR (Galvanizing Organic Bio-Agro Resources Dhan)
- Setting up 500 new waste-to-wealth plants (200 compressed biogas plants and 300 community/cluster plants) with ₹10,000 crore investment.
Agriculture Drone Scheme
- 100% cost grant up to ₹10 lakh for ICAR institutes, KVKs, and State Agriculture Universities.
- 50% subsidy up to ₹5 lakh for agriculture graduates establishing Custom Hiring Centres (CHCs).
- 40% subsidy up to ₹4 lakh for FPOs, cooperatives, and rural entrepreneurs.
Operation Greens
- Central Sector Scheme under PM Kisan SAMPADA Yojana stabilizing supply and prices of Tomato, Onion, and Potato (TOP) crops to curb post-harvest losses.
Pradhan Mantri Krishi Sinchai Yojana (PMKSY - Irrigation)
- Motto: Har Khet Ko Pani & Per Drop More Crop.
- Cost sharing: 75:25 between Centre and States; 90:10 for North-Eastern and Himalayan States.
- Components: Accelerated Irrigation Benefit Programme (AIBP), Har Khet Ko Pani (HKKP), and Watershed Development.
Viksit Bharat Sankalp Yatra
- Nationwide campaign with IEC vans to achieve saturation coverage of flagship government schemes across every Gram Panchayat and Urban Local Body.
SVAMITVA Scheme
- Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas.
- Uses drone survey technology and CORS networks to issue legal property ownership cards (Sampatti Patra) to rural homeowners.
MISHTI (Mangrove Initiative for Shoreline Habitats & Tangible Incomes)
- Promotes mangrove plantations along coastline and salt-pan lands across 11 coastal states and UTs.
- India’s mangrove cover is 4,992 sq.km (West Bengal has the highest share, followed by Gujarat).
PM PVTG Development Mission
- Outlay: ₹15,000 crore over 3 years under the Development Action Plan for Scheduled Tribes.
- Recruitment of 38,800 educators and staff for 740 Eklavya Model Residential Schools (EMRS) serving 3.5 lakh tribal students.
Namo Drone Didi Yojana
- Provides drones to 15,000 women Self Help Groups (SHGs) to rent out to farmers for fertilizer and pesticide spraying.
- Central subsidy up to 80% of drone cost (maximum ₹8 lakh) per SHG.
Self Help Groups (SHGs)
- Ideal size: 10 to 20 members (as per ILO guidelines). No mandatory formal registration required.
- Strictly one member per family; homogeneous socio-economic backgrounds ensure participatory democratic functioning.
Mahila Samman Savings Certificate (MSSC)
- One-time small savings scheme for women and girls offering a 7.5% fixed interest rate.
- Deposit facility up to ₹2 lakh with flexible partial withdrawal options.
Pradhan Mantri Ujjwala Yojana (PMUY)
- Provides deposit-free LPG connections to adult women from poor and BPL households.
- Targeted subsidy of ₹300 per 14.2 kg cylinder for up to 12 refills per year credited directly to beneficiaries' bank accounts.
Ladli Behna Scheme (Madhya Pradesh)
- Direct monthly financial assistance of ₹1,250 per month (₹15,000 annually) transferred to eligible women aged 21–60 years whose family income is below ₹2.5 lakh.
Amrit Dharohar Scheme
- Promotes conservation and sustainable management of India's Ramsar wetland sites over 3 years to foster eco-tourism and carbon sequestration.
Allocations to Major Schemes
- MGNREGA: Sustained budgetary allocation of ₹86,000 crore.
- Ayushman Bharat PM-JAY: Expanded to cover all seniors aged 70+.
- PLI Scheme: Substantial jump in electronics and telecom disbursements.
- Semiconductor Mission: Allocation raised to ₹6,903 crore (130% hike).
- Solar Power (Grid & Surya Ghar): Significant investment jump for 1 crore rooftop solar connections.
World’s Largest Grain Storage Plan in Cooperative Sector
- Outlay of approximately ₹1 lakh crore converging 8 schemes across 3 Ministries.
- Creates 70 million tonnes of decentralized grain storage by setting up 2,000-tonne godowns at the PACS level across every block.
PRITHvi VIgyan (PRITHVI) Scheme
- Ministry of Earth Sciences umbrella scheme (2021–26) with an outlay of ₹4,797 crore.
- Unifies ACROSS, O-SMART, PACER, SAGE, and REACHOUT to study ocean, atmosphere, cryosphere, geosphere, and biosphere.
Priority Sector Lending (PSL)
- Mandatory targets: 40% of ANBC for Domestic Commercial Banks; 75% of ANBC for RRBs and Small Finance Banks.
- Agriculture sub-target: 18% (10% reserved for Small & Marginal Farmers). Micro enterprises: 7.5%. Weaker sections: 12%.
PM-Surya Ghar: Muft Bijli Yojana
- Outlay of ₹75,021 crore to light up 1 crore households with up to 300 units of free electricity every month.
- Capital subsidy: ₹30,000/kW up to 2 kW, and ₹18,000 for the 3rd kW (maximum subsidy ₹78,000).