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Focusing on India’s socio-economic challenges, the Indian government has valuable schemes available for Indian citizens covering a wider section of the society.
The Indian government has launched various schemes for the benefit of citizens.
In a country as diverse as India, it is essential to consider every section of society before devising development plans and welfare strategies. Thankfully, the Indian government regularly introduces valuable schemes that address the socio-economic challenges of the wider population, focusing on education, employment, health, agriculture and women’s empowerment. Here are 10 Indian government schemes that every Indian citizen must be aware of.
PM Vishwakarma Yojana 2025
Launched in 2023 and updated recently, the PM Vishwakarma Yojana targets traditional artisans and craftsmen like blacksmiths, cobblers, tailors, and carpenters, providing them financial assistance via beneficial loans worth Rs 3 lakhs in two tranches, apart from a 5 per cent interest subsidy, free skill training and incentives. Artisans involved in 18 trades, like sculpting, toy-making, can apply for the scheme through offline and online processes, using the govt’s website (https://pmvishwakarma.gov.in/).
PM Kisan Samman Nidhi Yojana
To provide farmers’ relief from their initial crop-based struggles, the government’s PM Kisan Samman Nidhi Yojana gives eligible crop owners Rs 6,000 in three equal instalments annually. Small and marginalised farmers are eligible for the scheme that has benefitted nearly 12 crore people. Farmers can apply for the scheme using https://pmkisan.gov.in.
PM Jan Arogya Yojana
Introduced in 2018 by the Ministry of Health & Family Welfare, the Ayushman Bharat – PM Jan Arogya Yojana (PMJAY) is a health assurance scheme that provides free medical treatment worth Rs 5 lakhs per year to Indian citizens. The eligibility of the scheme is based on the SECC 2011 database. It covers all pre-existing conditions and has benefited over 10 crore poor families. Low-income households can apply for this scheme from the govt’s website (https://pmjay.gov.in)
Pradhan Mantri Awas Yojana
The Ministry of Housing and Urban Affairs introduced the Pradhan Mantri Awas Yojana in 2015. The scheme aims to provide interest subsidy up to Rs 2.67 lakh on home loans, with assistance given to build or repair homes in rural and urban areas. The yojana especially targets women, SC/ST and EWS families from rural and low-income households. The Indian government has ambitions to provide housing for all by 2025. Families without a pucca house can apply for the scheme from https://pmaymis.gov.in.
E-Shram Card Yojana
Built for unorganised sector workers, the E-Shram Card Yojana was introduced by the government in 2021. The scheme provides accident insurance and welfare benefits to eligible candidates. Under the scheme, all unorganised workers aged 16–59 get Rs 2 lakhs worth of accidental insurance, apart from being integrated into future welfare schemes. You can apply for the E-Shram Card Yojana here: https://eshram.gov.in.
PM Mudra Yojana
The Ministry of Finance launched the PM Mudra Yojana in 2015, providing collateral-free business loans up to Rs 10 lakhs to small and micro enterprises. It divides its loans into three categories: up to Rs 50,000 for ‘Shishu’, Rs 50,000 to Rs 5 lakh for ‘Kishor’ and Rs 5 lakhs to 10 lakhs for ‘Tarun’. The scheme eases the initial struggles of startups, MSMEs, traders and women entrepreneurs. One can apply for the scheme here – https://mudra.org.in.
Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana is a long-term savings scheme for parents and working professionals worried about their daughter’s education expenses and future welfare, including her marriage. The government offers interest rates up to 8.2 per cent, with additional tax benefits to eligible girl children aged 0-10 years. The maximum investment of 1.5 lakhs can be made in the scheme. Indian citizens can apply for the scheme from post offices and public or private sector banks.
Namo Drone Didi Yojana 2025
Launched in 2024, the Ministry of Rural Development’s Namo Drone Didi Yojana focuses on empowering rural women who provide agri-drone services. The scheme gives these women drone training and financial assistance worth Rs 8-10 lakhs in drone grant support. The main goal is to promote modern farming and women-led development. Females from SHGs registered under NRLM can apply for this scheme.
Ujjwala Yojana 2.0
First introduced in 2016, the Ujjwala Yojana was updated in 2021 by the Ministry of Petroleum and Natural Gas. The scheme provides free LPG gas connections to women in households operating below the poverty line. It gives a free gas connection and the first refill to BPL households, apart from a subsidy of Rs 200 per 14.2 kg refill. The eligible citizens can apply for the scheme online here https://pmuy.gov.in.
PM SVANidhi Yojana
The Ministry of Housing and Urban Affairs introduced the PM SVANidhi Yojana in 2020, intending to support street vendors with accessible working capital loans. The scheme gives an initial loan of Rs 10,000. Those who repay their debts on time also become eligible for loans worth up to Rs 50,000. Street vendors identified in urban areas are eligible for this scheme, which can be accessed from the government’s website – https://pmsvanidhi.mohua.gov.in.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
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Delhi, India, India
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