Government Aid Schemes to different States

The Central Government of India conducts several initiatives with distinct goals from time to time. These government schemes are designed to help the poor, the economically disadvantaged, people living in rural areas, and other vulnerable members of society. 

A scheme, in general, is a government-formulated plan, strategy, or program of action involving a large number of people. A union government program is one devised by the Govt. Of India. Various government programs called schemes or Yojana have been introduced by various Ministries of the Indian government.

The programs introduced by the Government of India seem to be either centralised or state-specific. Many of the programs are also carried out in partnership with the states. Central government schemes are those that are introduced by Ministries of the Central Govt. These programs are critical to addressing the country’s socio-economic issues. They contribute to the elevation of society’s most disadvantaged members by providing them with basic and required services.

Objectives of the Government Schemes 

The various Ministries of the Govt have established a list of government schemes. Each scheme has its distinct set of goals. However, the primary goal of these initiatives is to give social, economic, and financial assistance to Indian residents. The broad goals of the financial and socio-economic schemes are as follows:

• Deliver social security benefits such as insurance, pension, maternity benefits, and housing, among other things.
• Works towards the improvement of quality of life of people hailing from backward regions.
• Upliftment of the poverty-stricken people.
• Development of backward and rural areas.
• Bringing down the level of economic inequality among different sections of the society.
• Women empowerment to increase their engagement in society.
• The government schemes also aim to increase employment opportunities, especially for the youth of the society. 
• They also aim to provide proper training and education free of cost or at a very minimal rate to the weaker and backward sections of society.
• To offer financial security to the much-needed vulnerable sections of our community.
• They also help in providing financial assistance to small businesses, and women self-help groups as well. 

List of Central Government Schemes for businesses and individuals

The Central Government of India has introduced many initiatives. Some government schemes are designed to provide individuals with socioeconomic benefits. Some programs seek to provide financial aid to companies. The Union Government has initiated the following notable schemes:

• Pradhan Mantri Jan Dhan Yojana: It is a unique initiative on financial inclusion which offers an integrated strategy to achieve strong financial inclusion and, eventually, provide banking services to all families in the country.

• Make In India: PM Narendra Modi announced the ‘Make in India’ initiative, which aims to encourage investment, boost innovation, strengthen intellectual property protection, and construct the greatest manufacturing infrastructure in the world. ‘Make in India’ has designated 25 domains in manufacturing, service activities, and infrastructure with extensive information supplied through an interactive web portal and expertly created brochures.

• Beti Bachao Beti Padhao: The purpose of this program is to educate females to make them financially and socially self-sufficient.

• Digital India Mission: The Digital India initiative is the Government of India’s flagship program, intending to transform India into a digitally enabled nation and enhanced economy.

• Gold Monetization Scheme: The Government of India announced the Gold Monetisation System in 2015. Under this central government scheme, people can deposit gold in just about any form into a GMS account and generate revenue as the gold price appreciates.

• UMANG: It is an application software introduced by Prime Minister Narendra Modi to enable citizens with safe access to different government services on a single platform. UMANG is a significant part of the government’s Digital India project, which aims to make all conventional offline government programs accessible online 24 hours a day, seven days a week from a unified app.

• Atmanirbhar Bharat Abhiyan: The program (meaning self-reliance India scheme) is the term given to the Union Government’s full-fledged package to boost the economy. It was created to make people self-sufficient and overcome the problems imposed by the coronavirus epidemic.

• PM Atmanirbhar Swasth Bharat Yojana: The project was started to build the capacity of basic, and advanced health care facilities, as well as to improve current public institutions, and establish new ones, to diagnose and treat existing and emerging illnesses.

Conclusion

From time to time, the Central Govt introduces new initiatives for Indian nationals. The central government schemes are the schemes developed by the Government that focuses on giving benefits to individuals. They are introduced to enhance people’s livelihoods and give stability for a better quality of life. Each program is designed to help the individual in specific aspects of their life. Some plans attempt to give financial stability, whereas others try to provide socio-economic protection. The majority of government schemes benefit rural populations, low-income families, urban poor, economically underdeveloped regions, and weaker sections of the population.