Government Schemes Current Affairs

Scheme for Expansion and Modernization of Fire Services in the States

Scheme for Expansion and Modernization of Fire Services in the States: The Ministry of Home Affairs has launched a Scheme for the Expansion and Modernization of Fire Services in the States with a total outlay of Rs.5,000 Crore. Daily Current Affairs Quiz: July 2023 Objective: To expand and modernize Fire Services within National Disaster Response Fund (NDRF) Out of the total […]

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Minister Narayan Rane launches the revamped CGTMSE Scheme

Minister Narayan Rane launches the revamped CGTMSE Scheme: Union Minister for MSME, Narayan Rane has launched the revamped Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Scheme. April 2023 Current Affairs Quiz Modifications: Reduction in guarantee fees for loans upto ₹1 crore by 50% bringing the minimum guarantee fee to the level of 0.37% pa only. Raising

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UDAN Scheme: Transforming India’s Regional Air Connectivity

Why the scheme is in the news? On April 21, the Ministry of Civil Aviation (MoCA) started the fifth phase of the Regional Connectivity Scheme (RCS)-UDAN (Ude Desh Ka Aam Nagrik) to improve access to India’s regional districts. The MoCA has released a bid document, inviting airlines to bid on various routes as part of

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Ministry of Culture promotes Indian folk arts and culture abroad through Global Engagement Scheme

Ministry of Culture promotes Indian Folk Arts and Culture abroad through Global Engagement Scheme: Through various initiatives, India’s Ministry of Culture is dedicated to promoting Indian Folk Arts and Culture abroad. One such initiative is the Global Engagement Scheme, which organises Festivals of India in other countries to showcase the country’s rich culture, which includes

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PM Jan Dhan Yojana sees record ₹50,000 crore surge in balance

PMJDY records highest-ever surge of ₹50,000 crores in account balance: In the fiscal year ending March 31, 2023, the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme reached a significant milestone. The basic bank accounts under the scheme have registered a record surge of ₹50,000 crores, with the total balance reaching ₹1.99 lakh crore, an increase

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MUDRA Loan scheme towards financial inclusion sanctioned 41 crore loans in eight years

Pradhan Mantri MUDRA Yojana (PMMY): In the last eight years, the Pradhan Mantri MUDRA Yojana (PMMY) has sanctioned 41 crore loans totaling 23.2-lakh crore, according to the Ministry of Finance. The scheme has been a huge success in terms of promoting entrepreneurship, with 68% of accounts under the scheme belonging to female entrepreneurs and 51%

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PM SVANidhi Scheme: Loans to Minority Street Vendors Remain Low

Ministry of Housing shares PM SVANidhi loan data: The Ministry of Housing and Urban Affairs informed the Rajya Sabha that 42.7 lakh loans worth 5,152.37 crore have been disbursed to street vendors under the PM SVANidhi scheme. Surprisingly, only 9.3% of these loans, totaling 3.98 lakh, were granted to hawkers from minority communities. To assist

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Ministry of Culture administers ‘Financial Assistance to Veteran Artists’ scheme

Ministry of Culture administers ‘Financial Assistance to Veteran Artists’ scheme: The Ministry of Culture administers the ‘Financial Assistance for Veteran Artists’ Scheme (formerly known as the ‘Scheme for Pension and Medical Aid to Artistes’) to provide financial assistance to veteran artists of the country aged 60 and up in the form of a monthly artists’

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Centre launches MSME Competitive (LEAN) scheme

Centre launches MSME Competitive (LEAN) scheme : Union Minister for MSME Narayan Rane launched the MSME Competitive (LEAN) Scheme on 10 March. About the Scheme It aims to provide a roadmap to global competitiveness for the MSMEs of India. The scheme will not only strive to improve quality, productivity and performance, but also change the mindset of manufacturers and

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Uttarakhand CM Dhami announced the launch of self-employment scheme for single women.

Uttarakhand CM Dhami announced the launch of self-employment scheme for single women: Pushkar Singh Dhami, the Chief Minister of Uttarakhand, announced the launch of the Mukhyamantri Ekal Mahila Swarozgar Yojana in the state at the end of Women Empowerment and Safety Week. Women in remote villages of the state are giving impetus to the rural

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