Important Government Schemes (National & International)Important Government Schemes (National & International)

These schemes aim to integrate the unbanked population into the formal financial sector and provide safety nets for vulnerable groups.

• Pradhan Mantri Jan Dhan Yojana (PMJDY): Launched on 28 August 2014 under the Ministry of Finance. Key features include zero-balance accounts, an inbuilt accident insurance cover of ₹2 Lakh (for accounts opened after 28.08.2018), and an overdraft facility of up to ₹10,000.
• Pradhan Mantri Suraksha Bima Yojana (PMSBY): An accident insurance scheme for individuals aged 18-70 years. It offers a cover of ₹2 Lakh for accidental death or total permanent disability and ₹1 Lakh for partial permanent disability, at a highly subsidized annual premium of ₹20.
• Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): A life insurance scheme for individuals aged 18-50 years, offering a life cover of ₹2 Lakh in case of death due to any reason. The annual premium is ₹436, auto-debited from the subscriber's bank account.
• Atal Pension Yojana (APY): Targeted at unorganized sector workers aged 18-40 years. Subscribers receive a guaranteed minimum pension of ₹1,000 to ₹5,000 per month after attaining 60 years of age, depending on their contribution.
• PM SVANidhi Scheme: A micro-credit scheme providing street vendors with collateral-free working capital loans of up to ₹10,000 (1st tranche), ₹20,000 (2nd tranche), and ₹50,000 (3rd tranche). It features a 7% interest subsidy and cashback incentives for digital transactions.

These schemes focus on doubling farmers' income, providing risk mitigation, and enhancing rural infrastructure.

• PM-KISAN (Pradhan Mantri Kisan Samman Nidhi): A 100% Central Sector Scheme under the Ministry of Agriculture & Farmers Welfare. It provides ₹6,000 per year in three equal installments of ₹2,000 directly into the bank accounts of all landholding farmer families.
• Pradhan Mantri Fasal Bima Yojana (PMFBY): Launched in 2016 to provide comprehensive crop insurance against non-preventable natural risks. Premium rates are capped at 2% for Kharif crops, 1.5% for Rabi crops, and 5% for annual commercial/horticultural crops.
• PM-JANMAN (Janjati Adivasi Nyaya Maha Abhiyan): With a total outlay of ₹24,104 crore (Central share: ₹15,336 crore), this scheme targets 75 Particularly Vulnerable Tribal Groups (PVTGs) across 18 states and UTs, focusing on 11 critical interventions like housing, clean water, and road connectivity.
• Pradhan Mantri Krishi Sinchayee Yojana (PMKSY): Launched in 2015 with the motto 'Har Khet Ko Pani' and 'Per Drop More Crop'. It focuses on end-to-end solutions in irrigation supply chain, water harvesting, and micro-irrigation technologies.

Uttar Pradesh has pioneered several welfare and industrial schemes that are highly relevant for state-level competitive exams.

• One District One Product (ODOP) Scheme: Launched on 24 January 2018 (UP Diwas) to revive traditional crafts and small-scale industries across all 75 districts of UP. It provides financial assistance, skill development, and international marketing platforms to local artisans.
• Mukhyamantri Kanya Sumangala Yojana: Launched on 25 October 2019 to eliminate female foeticide and promote girl child education. In April 2024, the financial assistance was revised and increased from ₹15,000 to ₹25,000, distributed in six stages from birth to graduation enrollment.
• UP Matrubhumi Yojana: A unique scheme where citizens can contribute 60% of the cost of development projects (like health centers, schools, community halls) in their native villages, while the UP government funds the remaining 40%. The project is named after the donor's ancestors.
• UP BC Sakhi (Banking Correspondent) Scheme: Aims to deploy trained female Banking Correspondents in rural areas across UP to facilitate digital banking services, financial literacy, and direct benefit transfers (DBT) at the doorstep of rural households.