PMJAY AYUSHMAN BHARAT YOJNA

PMJAY AYUSHMAN BHARAT YOJNA | National Health Protection scheme 2019: Registration, Beneficiary list & Hospital list

Due to the lack of Government medical infrastructure, and healthcare facilities, most families cannot afford the high cost of treatment at private hospitals and healthcare centers. To solve this issue, a method has been introduced by our Government in the form of a scheme. The scheme is called Ayushman Bharat Yojna, Under pradhan mantri jan arogya yojana. to provide health facilities up-to 5 lakh and insurance cover.

What is Ayushman Bharat Yojna?

Ayushman Bharat Yojna is one of the biggest healthcare programs in the world. It basically consists of health insurance of rupees 5 Lakh per family every year. This scheme covers 10 crore families. This scheme is not only for the poor but for deprived rural families too. While going through the Socio-Economic Caste Census data of the year 2011, we came to know that there are 8.03 crore families in rural areas and 2.33 crore families in urban areas and all these families will be covered under PMJAY scheme as well.


PMJAY Ayushman Bharat Yojna subsumes the former Rashtriya Swasthya Bima Yojna (RSBY)that was launched in the year 2008 by the government of UPA. There are no boundaries in family size and age. The scheme is cashless and paperless at public hospitals and impaneled private hospitals. It will be covering medication, hospitalization and post hospitalization expenses for almost all secondary care and tertiary care procedures. Around 1400 packages are included in PMJAY scheme including come of the expensive treatments such as knee replacements, coronary bypass, stenting and many more.

Ayushman Bharat Yojna Eligibility

To avail the benefit of this scheme, it is compulsory for all the people to check their names in the Socio-Economic Caste Census (SECC)-2011 data. By this they can confirm whether their family is listed under the scheme i.e. eligible or not. Only those families are entitled to avail the benefits whose names are listed in the SECC database. In addition to this, families having an active RSBY card as on 28th February are also eligible.

Women, girl child and senior citizens will be given priority under this scheme. There is no cap for family size and age of the family members. Eligible beneficiary can avail the services across the nation. However, is compulosory for all the beneficiaries to have their names enlisted in the SECC database or have an active RSBY card.

How to check the name in the PMJAY Beneficiary list?

In order to check whether a person is eligible for ABY or not one has to check his/her name in the SECC list. People can check their names in the beneficiary list by various methods. These methods include-

• Common Service Centres (CSC)- Beneficiaries can check their eligibility by visiting the nearby Common Service Centres. Apart from these CSCs, beneficiaries can also collect the information form the impaneled hospitals.
• Helpline No.- The second method is the helpline numbers. The government has also provided helpline no. to help the beneficiaries. They can call and contact the customer care centers for help. The helpline numbers are-
• 14555 & 1800111565
• Online Method- the last and very popular method is the online methods. Beneficiaries have to visit the official website of NHA (National Health Authority) for Ayushman Bharat Yojna.

Beneficiaries can follow the procedure shared below to check their eligibility-

• Beneficiaries have to start by visiting https://mera.pmjay.gov.in.
• They have to click on the “Am I Eligible” tab on the homepage.
• Now they have to enter their mobile no. and captcha code in provided fields.

After entering the mobile no. and captcha code OTP will be generated and beneficiaries have to enter this OTP in the space provided.

• 
  

  
  

  Beneficiaries have to select their state and category by which they want to search.

They can either search by name, by mobile no., by Ration card no., or by RSBY URN number. After selecting the category, they have to enter the required information such as mobile no (search by mobile no.), Ration card no. (in case of selecting search by ration card no.), name, father’s name, mother’s name, spouse’s name, gender, age, area, district, town/village, pin code (search by name), and RSBY URN no.

Once the beneficiaries have filled the required details they have to click the “Search”, button and result appear on the screen. If the name of the beneficiary will be there in the list, then it will also be reflected on the screen and vice-versa.

If you cannot see your name in the list then candidates have to visit the near CSC center for registration under this scheme.

The required documents to apply for Ayushman Bharat card include:

1. Age proof document: It is required as proof to ensure whether the person is responsible enough to enroll his or her family in this scheme or not. However, everyone can be a part of this scheme but the enrolment can only be done by adults member who is the bread earner of the family.
2. Identification Details: To be enrolled in this scheme, applicants are required to produce their identification details as well. They can use their Aadhar card and PAN card as a source for identification.
3. Contact information: to contact a person, their contact information such as mobile number, address, and email are also needed.
4. Family Structure: the Family structure is to be mentioned while enrolling for this scheme. By family structure, it means whether the family is joint or nuclear.
5. Income Certificate: by income certificate, it means the annual income of a person. People will be getting the benefits as per the prescribed annual income criteria i.e. maximum income being 5 lakh per year.
6. Caste certificate: people belonging to the reserved category will need their caste certificate as to enjoy other benefits introduced for them under this scheme.

Process of hospitalization Under Ayushman Bharat yojna

Under this scheme, a person is not required to pay any premium, charges, or fees for the expenses incurred during or after hospitalization. This scheme not only covers the expenses arising before or during hospitalization but also the post-hospitalization expenses.

The hospitals, which have been impanelled under Ayushman Bharat Yojna, will have “Ayushman Mitra” to assist patients who will coordinate with the hospital’s beneficiary so as to cut the expenses. These “ayushman Mitra” will have a help desk and will be verifying documents, eligibility and the enrolment scheme for you. Beneficiaries will be given letters with QR codes.

Further, the scanning and authentication of this QR code are conducted for identification and verification of the eligibility of people for this scheme so that they can avail the benefits.

The best thing about this scheme is that it is active across the nation and the enrolled families can avail cashless benefits from any private or public hospitals anywhere in the country.

Features and benefits of this scheme

1. The enrolled people can get their treatment done from empanelled public as well as private hospitals.
2. The benefits cover provided is of rupees 5 lakh per year for families enrolled.
3. The treatment is available all across the nation except for the states that opted out from Ayushman Bharat Yojna.
4. The treatment under this scheme does not require a single rupee and is absolutely free of cost.
5. The scheme covers nearly 40% of the population among the poorest and the vulnerable.
6. The coverage provided that is of 5 lakhs, is for the entire family regardless of the family size.
7. Under Ayushman Bharat Yojna, more than 1.5 health and wellness centers will be established according to the latest SECC or Socio-Economic Caste Census data.

Challenges faced while implementation of Ayushman Bharat Yojna

This scheme no doubt is the best scheme for a country like India where health and treatment have always been an issue. It is the biggest scheme under which the best treatment is given to the enrolled family with the zero usage of money. Since it is a huge plan, its implementation faced many problems. Some of the problems related to the implementation of this scheme are mentioned below.

Some states like Punjab and Telangana did not immediately accept the proposal, instead asked for time. This may lead to political fallout as these states have their own different health insurances. Taking the example of Rajasthan, it runs its own Bhamashah scheme which has been enlisted as one of the most “successful scheme” in terms of health insurances.

The funds allocated in Union Budget was of rupees 2,000 crore. The CEO of Ayushman Bharat, Dr. Indu Bhushan said that 6,000 to 8,000 crore more will be required.

Technology has to be integrated at each level of this scheme. Health call centers and tele-medicines have to be introduced which could lead to an efficient run for this scheme.

It would be a little difficult for the government to ensure whether the scheme has reached to every part of the village or not. The government would have to look for the hospitals nearby or have to establish one if there is not any hospital.

The primary aim of this scheme is to strengthen primary healthcare, which is hindering our country to rise up. Secondly, its aim is to financially protect people of India from the expenditure incurred during the treatment and hospitals. This is surely a great step for India to enlist itself in the disease-free countries. Apart from that, a good healthcare facility in the country would ultimately drive citizen to a brighter and successful future. Altogether, this scheme could do wonders when implemented with great honesty and set a milestone in the field of medication and hospitalization.

States without the ayushman Bharat yojna

Some states have opted out this scheme. Nearly 5 states do not have this scheme. The states which opted out this scheme are Punjab, Telangana, Odisha, Kerala, and Delhi. Since these states claim that they have a better scheme regarding the health, they opted out of Ayushman Bharat Yojna. The central government is mistrusted; this may be a reason for them to be out of it. These states claim that they have better cashless insurance schemes already present and running in their states.

By their refusal of this proposal, enrolled people transferring to one of these states would suffer as the people would not be getting any benefit of Ayushman Bharat Yojna living in there. Such people ultimately enroll out or possibly shift from the place.

India is a developing the country and it is progressing day by day in terms of technology, productivity and of course in terms of art. The people of India especially the youth are enthusiastic and have the energy to make their dreams come true.

In a country which is positively bringing in the glories and proceeding to make its name from “developing” to “developed” is somewhere lagging behind in terms of healthcare. According to a study, India had an estimate of 22.2 million chronic COPD patients and around 35 Million chronic asthma patients in 2016. 26 percent of death occurs due to cardiovascular diseases.

A large number of people die in India because they cannot afford the fees of treatment and hence choose to give up on life. Though science and medicines have become so advanced and developed, people are still dying just because they are not well off.

They are not affluent enough to afford good treatment and to live a happy life. This is the main reason why a country like India is hindering back in terms of healthcare.

Stand Up India Loan Scheme

Objective: 

 The empathetic and people- centric current federal or central government of India formulated well- thought- out plans. The plans for the Stand up India are now put in place for helping the deprived sections of the society. The target group comprises of schedule castes, schedule tribes, women among other weaker sections of the society. The scheme is the part and parcel of the short-term goal of the Government India to make the nation as a developed nation. The Stand -up India scheme is aimed at the development of synergies with other such schemes the Government would be implementing.

Plans:

Financial independence to the deprived sections of the society, by and large, would help them to get freed from the age-old shackles of subservience from the well-off sections of the society. The Stand-up India Schemes are primarily meant to promote entrepreneurship among them. True to the definition of the adjective stand- up, the schemes are designed to make them financially independent. The shift for the targeted

Feasibility:

The virtue of entrepreneurship just cannot be said to be the monopoly of the upper sections of the society alone. The ability is innate anybody. Equipping the deprived sections with the needed resources would help them to realize their potential in entrepreneurship and provide them unique opportunity to come up in life.

Schemes in a nutshell:

(i) The quintessential aspect of the Stand – up India scheme is to provide liberal loans to the prospective entrepreneurs ranging from Rs.10 lakh to Rs.100 lakh depending upon the requirement of funds for establishment of businesses.

(ii) The Stand-up India scheme would be a game changer in respect of the establishment of micro and small scale industries.

(iii) The industrial progress generates employment and augments income of lower strata of the society. The rise in per capita income would result in demand for consumption of goods and services. The chain would go a long way for achieving higher GDP.

(iv) The Stand – up India scheme was announced by our Hon’ble Prime Minister Sri Narendra Modi ji on April 05, 2016.

(v)The interest chargeable for the loans advanced under the scheme would be around 1% per month or around 12%. The interest rate by any reckoning is very reasonable.

Loan scheme features: 

The private industry came forward to support the initiative of the Government of India. For instance Google and Life Insurance Corporation of India, among other came forward in support of the Stand-up India scheme.

Funds position:

(i) The Government of India initially earmarked Rs.10, 000 crore through Small Industrial Bank of India for the Stand – up India scheme with provision for refinancing the scheme, if need be.

(ii) To back up the position of funds for the Stand – up India scheme, the Government would set up a credit guarantee with a corpus of Rs.5, 000 crore through National Credit Guarantee Trustee Company Limited.

(iii) Online registration and other supporting services would be provided by the Government. Plans are afoot for development of detailed credit history of the borrowers.

Facilitation measures from Government of India:

Entrepreneurs who take advantage of this scheme would be given RuPay debit card for withdrawal of working capital. The government would provide necessary support to the entrepreneurs in the form of training, marketing etc., for successful implementation of the Stand – up India scheme.

Knowledge dissemination:

If the schemes meant for uplifting the deprived sections of the society are not brought to their notice, the entire effort made by the planner would be in vain. Knowledge dissimulation is the first and foremost step for effective implementation of the Stand – up India scheme.

Measures for the fulfillment of the objective of Stand – up India Scheme:

(i)First and foremost aspect of the scheme is that is not applicable to any company, individual, Limited and Limited Liability Company.

(ii) There are limitations. (a)The limitations are that the entities established must not be more than five years old.

(b)The second and important aspect of the Stand – up India scheme is that it is open for those concerns the annual manual turnover of each is not exceeding Rs.25 crore.

(c) The third aspect is open to holders of the certificate from the Department of Industrial Policy and Promotion.

Encouragement:

It is equally important to encourage the targeted group to exploit the opportunity now available to them. This is in the best interest of each and every one of us in the country. The most important salient feature of the Stand – up India scheme is that business earning of businesses established under the scheme are exempt from tax for the initial period of 3 years.

Outcome:

Couple with the skilled development initiative undertaken by the Government of India, in all earnest, successful implementation of the Stand – up India scheme is expected to lay firm founder for the turnaround the nation as a developed one in the foreseeable future, earlier than general expectations.

Pradhan Mantri Garib Kalyan Yojana PMGKY

The primary agenda of the present government led by Shri Narendra Modi has always been fighting against corruption and black money. The Government has implemented a wide variety of rules and laws that can help to curb corruption to a great extent. It is known. to every particular individual that how important it is for a Government to take up laws and rules that would keep the corruption in check. So, there is no doubt that pradhan mantri garib kalyan yojana is an example for cutting down corruption and sealing the inflow of black money in the Indian market. The scheme is highly beneficial for every particular individual who holds unaccounted money and is a great opportunity for the purpose of declaring their unaccounted money to the Government.

The scheme has been applauded all over the world since it is indeed a great opportunity for the people to disclose all their black money in front of the Government by paying just a penalty of fifty percent. The most significant advantage is that it allows the black money holder to avoid every kind of problems related to the Income Tax Department and judicial procedures. Thus, it can be easily concluded that pradhan mantri garib kalyan yojana is one of the best schemes for the purpose of avoiding all the legal proceedings by just paying a meagre fine in comparison with the fault.

The pradhan mantri garib kalyan yojana was validated on and from December 16th, 2016 to March 31, 2017. It has been found that the scheme can only be availed if one wants to declare their unaccounted wealth in the form of cash or bank deposits in Indian account. No particular individual will be allowed to declare their unaccounted wealth in the form of jewellery, stock, immovable property or deposits in the foreign bank accounts.

It has been found that if one fails to declare their unaccounted wealth under the pradhan mantri garib kalyan yojana then it will attract a fine of seventy-seven percentage if the income has been declared in tax returns, failing to do so it will attract a further ten percent penalty followed by prosecution. This scheme that has been launched by the Government of India is primarily a declaration of the finance department and is considered as one of the best finance acts till date, in respect of the Taxation and Investment Regime. It is therefore a huge opportunity for every people holding unaccounted money and they can easily declare it if they are willing to do so. They will just have to issue an acknowledgement to the jurisdictional Principal Commissioner.

People who are willing to declare their unaccounted money under the pradhan mantri garib kalyan yojana must enlighten themselves with pradhan mantri garib kalyan deposit scheme details. Any particular individual who is willing to deposit under this scheme has been alloted a time interval, commencing from the 16th of December 2016 and ending on 31st of March 2017. Their unaccounted income will be declared under the sub-section one of the section 199C of the taxation and investment regime for the pradhan mantri garib kalyan yojana, 2016. A certificate of holding black money shall be issued to the one who is declaring their unaccounted wealth in form one.

The Reserve Bank of India is endowed with the responsibility of transferring the deposits received from the black money holder under this Scheme into the designated Reserve Fund in the Public account of the Government of India. It has been found that the applications that are in the form of deposits in the form of bonds shall be received by the banking companies to which the Banking Regulation Act applies. The designated bank is then instructed to electronically furnish all the details of deposits made in form five to the Department of Revenue, Ministry of Finance. It has been found that the Government of India takes no more than twenty-four hours for the purpose of verifying the information of the deposit before accepting the declaration. After the process of verification is complete, the authorised bank then uploads all the details of deposits into Reserve Bank of India’s Core Banking Solution ‘e-Kuber’.

Disclosing unaccounted money is now a very easy process and it can easily act as a boost to the Indian Economy. Disclosing all the illegal wealth under the pradhan mantri garib kalyan yojna declaration is of immense help to the poor masses of the society. People can easily avail the declaration form from all the branches of the authorized banks that operate under the instructions of the Government of India. It has been found that people who are willing to deposit their unaccounted wealth has to deposit the amount in a single payment in any of the authorized banks from the 17th day of December 2016 till the 31st day of March 2017 under the pradhan mantri garib kalyan yojana scheme. Permanent account number also known as the PAN number is the KYC for all the individuals who are depositing under this plan. The deposit made by the black-money holder, on the other hand, must not be less than twenty-five percent of the undisclosed income declared under sub-section one of the section 199C of the taxation and investment regime for pradhan mantri garib kalyan yojana.

Unaccounted money is one of the major problems of the economy that must be dealt with a strong hand. The huge accumulation of black money has lead to an imbalance in the Indian economy. It is in such a circumstance when pradhan mantri garib kalyan yojana can be highly useful for people who have realized their mistake and wants to declare their unaccounted wealth. So, in such a situation it becomes mandatory for them to know about how to declare unaccounted money under pm garib kalyan yojana. The process is very simple and lucid and can be availed if one truly wants to declare their unaccounted wealth for the betterment of the economy.

They can simply visit any bank and can avail the declaration form and after that, they can easily deposit all their illegal wealth. But, they should keep in mind that the deposit amount must not be less than twenty-five percent of the amount that has been declared in the Income Tax form. The Government of India after verifying all the details about the applicant validates that the deposited amount has been received from the applicant and the illegal wealth has now been converted to a legal one under the pradhan mantri garib kalyan yojana scheme.

Pradhan Mantri Pregnancy Aid Scheme

Apply Pradhan Mantri Pregnancy Aid Scheme, Pregnancy is an important stage of “procreation”; a universal phenomenon for keeping the human civilization, moving forward. This is the most crucial period for a pregnant and lactating woman, as well as the child, being nurtured in her wombs During 1982-86, a pilot study was conducted by the Indian Council of Medical Research for estimating the Maternal Mortality Ratio (MMR).

The statistics related to rural areas revealed 638 deaths per hundred thousand live births. According to The Times of India blog, 17% of the global maternal deaths occur in India. On 31st December 2016, Prime Minister, Narendra Modi announced the Pradhan Mantri Pregnancy Aid (Bhatta). It is yet to be implemented. The program has been taken up under the National Food Security Act; passed during the year 2013.

Target of World Health Organization (WHO)

It has been targeted by WHO that between 2016 and 2030, the overall global MMR will be brought down to less than 70 per 100,000 live births. This is, as a part of the Sustainable Development Goals. The Pradhan Mantri Pregnancy Aid is the right step towards India’s contribution towards this global effort.

Background

As a Pilot project, the Ministry of Child and Women Development implemented, across the country, a scheme for Pregnant and Lactating women. This was in the year 2010. The scheme was then known as Indira Gandhi Matritva Shayog Yojna (IGMSY) and was introduced in 52 districts across the country. As per the scheme, a cash incentive of Rs 4000 was given to pregnant women, subject to the fulfillment of certain conditions. The current Pradhan mantra pregnancy aid scheme is a sequel to the IGMSY.

DETAILS OF THE PREGNANCY AID SCHEME

• Scope

Only those women who undergo delivery in a hospital will be eligible to be covered under the scheme. However, since the details related to the present scheme are being worked out, some of the particulars given below are based on the IGMSY

• Benefits

A financial aid of Rs 6000; against Rs 4000 of IGMSY, will be given to pregnant women for meeting a part or whole of the expenses, related to i) Nutritional food, ii) Hospital admission expenses and iii) Vaccination.

• Eligibility Criteria

As per the IGMSY, the scheme was applied to those who fulfilled the following criteria. They must be above the age of 19 years and must be within two live births. In all probability, the current pregnancy aid scheme will adopt these criteria, with minor alterations.

• Registration

As per the IGMSY, pregnancy was required to be registered with the Anganwadi, within four months of conceiving.

• Areas to be Covered

650 countries of the country will be covered by the pregnancy aid scheme

• Procedure for Money Transfer

As per IGMSY, money was transferred to the eligible pregnant and lactating women in two stages

1. 50% of the aid were transferred, subject to complying to the following; a) Registration of conception, b) Presenting herself, physically, in at least one parental care session and taking of tetanus toxoid injection and Iron- folic acid tablets. c) Attending, at least one of the three counseling session at the Anganwadi center or a health care center

2. The balance 50% were released on the fulfillment of the following; a) Registering the birth, b) Immunization of the child, with Oral Polliovirus vaccine and thereafter; Bacillus Calmette, at six weeks and Guerin, at 10 weeks.

• Attending, at least two growth monitoring sessions, within a period of three months of child delivery

1. As regards modalities of payment, the same methods as are adopted for payment of government scheme may be applied. Money may be transferred through nationalized banks, cooperative banks and post offices. Money will be transferred directly, to the account of the eligible beneficiaries and not through any middle men.

2. The scheme is a Direct Benefit Transfer (DBT) program

Financial Involvement for the Government

As per a statistic revealed by the Registrar General of India, there are about 2.9 crores pregnant women, every year, in India. Considering a payment of Rs 6,000 per head, the cost to the Exchequer will be to the tune of 16, 000 crores. The annual budget allocation for IGMSY is Re 400 crores, presently. Therefore, adequate funds should be set aside, year after year, for achieving the target. of the World Health Organization (WHO)

Synonymous Central Government Program

There is another program known as Janani Surakshya Shishu Karyakram (JSSK), which was announced in 2011, but is yet to be implemented. Yet another program that was launched last year is Pradhan Mantri Matritwa Suraksha Abhiyan (PMMSA)

Likely Anomalies

The eligibility criteria require that the pregnant women have to be admitted to a hospital and the baby should be fully immunized for getting the amount. In India, there are vast, remote areas where services of doctors or hospitals are not available. As per the experience of PMMSA, only 19.7% of women get services of doctors. Money is spent on medicines, diagnostic and sonography test, etc. The same statistics reveal that about 40% women deliver in hospitals. In such scenario, a substantial portion of pregnant women, who are in the real need of the aid, will be deprived of the same. Since it is still in the working stage, due attention should be given to make it reach to the rural poor pregnant women.

How to Apply for Pregnancy Aid Yojana

It is only a month that the Pregnancy Aid Scheme has been announced by our prime Minister. Official documentation about the details of the scheme is yet to come for public availability. However, since, a similar program, IGMSY had already been experimentally tried; a final picture is expected to come very soon. It will then be clear as to where to apply and how to apply. Moreover, the forms for submission of application are to be designed. It is expected that Aganwadis will be entrusted with the task of identifying the eligible women. So, any government notification or further details can be had from there. It is also sure that the newspapers will publish the details, once it is announced by the government.

Pradhan Mantri Sukanya Samriddhi Yojana

Overview:
Scientific advancement has been taking place by leaps and bounds. But the mind-set of the people of our society has not been changing in tune withthe changing times. The gender discrimination still persists. In our society, by and large, the male child is given preferential treatment over the female child during upbringing. Education of the female child is ignored. The Sukanya Samriddhi Yojanawas launched by our Honorable Prime Minister Sri Narendra Modi jion the eve of the Republic day in the Year 2015. It was catered to meet the financial needs of the female child. The centricity of focus is to support her for her education and marriage.

Scope of scheme:

(1)Thissmall scale savings scheme is designed to yield maximum returns. The returns are free from tax. Under the post office sukanya samriddhi yojana aguardian of a girl child can open an account under the Sukanya Samriddhi Yojanaina Post Office. An account in her name can be opened any time before the girl attains the age of 10 years.

(2) The tenure of the account is for 21 years. The period is reckoned from the date of opening the account.

(3)At the initial stage of operation of the scheme, a grace period of one year is allowed.

(4)The scheme is also open for another girl child. That is, the scheme is limited to two girl children only. Most of the couples in this nation are adopting two-child norm. Even if both the children are girls, her parents or guardians can take full advantage of the scheme.

Scope of scheme:

(1)Thissmall scale savings scheme is designed to yield maximum returns. The returns are free from tax. Under the post office sukanya samriddhi yojana aguardian of a girl child can open an account under the Sukanya Samriddhi Yojana in a Post Office. An account in her name can be opened any time before the girl attains the age of 10 years.

(2) The tenure of the account is for 21 years. The period is reckoned from the date of opening the account.

(3)At the initial stage of operation of the scheme, a grace period of one year is allowed.

(4)The scheme is also open for another girl child. That is, the scheme is limited to two girl children only. Most of the couples in this nation are adopting two-child norm. Even if both the children are girls, her parents or guardians can take full advantage of the scheme.

Operation of scheme:

Until the account holder attains the age of ten, her parent or guardian operates the account. Thereafter, the girl or the account holder can operate the account.

Sukanya Samriddhi Yojana implementation agencies:

Besides the Indian Post Offices, a number of banks had been authorized to open and operate the scheme. All most, all the nationalized banks are authorized to run the scheme. Private banks like Axis bank, ICICI bank etc., are also authorized to run the scheme.

Facilities for transfer of account:

As in the case of any other bank or post office account, there is a facility to transfer the account from any place to any other place anywhere in India free of charges.

PM Sukanya Samriddhi Account Deposit Scheme Benefits:

(1) The notable feature of the scheme is the lucrative rate of interest.At the initial stages of implementation of the scheme, the interest rate was set at 9.1%. Later on, it was enhanced to 9.20%. The present rate of interest is 8.6%, which is liable to change from year to year. Nevertheless,Samriddhi scheme has an edge over other comparable saving schemes, in terms of rate of returns.

(2) Tax benefits:The tax benefits under the scheme are akin to what are available for a Provident Fund Account. The savings under the account are entitled for triple Exempt status. Totted to this, the savings are guaranteed by the Indian sovereign. The deposits made under the Sukanya Samriddhi Yojana would be reckoned for working out taxable income u/s 80C of the IT Act. In addition to this, the withdrawal of the amount on maturity under the Samriddhi Yojana is exempt from income tax.

(3) Periodicity of deposit: Periodicity of deposit is kept as once in a year. This provision seems to have been keeping in view rural India who are solely dependent on agriculture income.

(4)Premature withdrawal:(a)There is provision in the scheme for general premature closure after the girl attains 18 years old. This relaxation is available only in case the girl is married. Under the Sarada Act, marriage of a girl before she is 18 years old is illegal.

(b) Exceptional circumstances:(i)In case the account holder is suffering with life-threatening diseases, premature withdrawal is possible ,after 5 years of opening the account on compassionate grounds.

(ii) Premature closure of the account after 5 years of opening is also possible under certain exceptional circumstances. Under such eventualities, the interest payable shall be limited to what is applicable to normal Savings Account.

(c) There is a provision in the Sukanya Samriddhi Yojana for 50% withdrawal of the amount of deposit with due interest accrued thereon at the age of 18 years for the purpose of higher education.

(d) For the purpose of marriage of the account holder, the account can also be prematurely closed. The condition precedent for closure of the account is non-infringement of provisions of Sarada Act . For this purpose, vouching of her age that she is of the marriageable age of 18 years needs to be furnished.

The Account shall mature on completion of a period of twenty-one years from the date of its opening: The final closure of the account may be permitted before completion of the stipulated period on certain condition. This exception is given only for the purpose of marriage that is proposed to be performed under the provisions of Sarada Act.

(e) In the event of a default in making timely payment of the premium, a penalty of Rs.50 per default would be levied. This provision of token penalty for keeping alive the account is a salient feature.

Precautions tor each target group for intended purpose:

(1)Limitations in amount of depositing: The limits of minimum and maximum amount of deposits under the Sukanya Samriddhi Yojana laid down are Rs. 1,000 per annum and of Rs.1, 50,000 per annum respectively.

(2) The scheme had been thoughtfully designed to preclude the upper income group people from taking advantage of it.

(3) Once the Account completes twenty-one years from the date of its opening, it ceases to earn interest. This measure is intended to preclude misuse of the scheme.

(4)Genuineness of account holders is ensured through insistence of certain authentic documents such as identity, date of birth and address proof before opening an account.

Conclusion:

The Government of India has been making all out efforts to help the girl child and to promote the scheme in all possible ways.

Apply Pradhan Mantri Sukanya Samriddhi Yojana in ICICI Bank Click here

Apply Pradhan Mantri Sukanya Samriddhi Yojana in SBI Bank Click Here

Apply Pradhan Mantri Sukanya Samriddhi Yojana in HDFC Bank Click Here

Pradhan Mantri Sansad Adarsh Gram Yojana (SAGY)

Sansad Adarsh Gram Yojana (SAGY), Sansad Gram Yojna (Sagy) is a relatively new and effective scheme launched by the prime minister of India – Shri Narendra Modi, with the simple focus of development of Indian villages in their social and cultural aspects. The principle aim is to spread motivation among people to create social mobility among villages. This program was launched amid much fan fare on October 11th of 2014, the birth anniversary of Shri Jayprakash Narayan.

Objectives:

The key objectives of the program include,

1. The development of model villages, also called as ‘Adrash Grams’. This is done by implementation of existing schemes and certain new schemes that are appropriate for the villages in the local context.

2. Create these model villages and then replicate them in other villages all across the country.

Guidelines & Details :

Under this scheme, the idea is to bring all the members of parliament, irrespective of their political affiliations, to adopt one village in their constituency and ensure that the village turns into a model village by the 2019 general assembly elections. Post that they can choose more than one village and make a 10 year plan to improve the village. The following are the guidelines.

1. Each member of the parliament has to choose a village in their constituency that is not their own village or their in-laws village. This has to be a completely separate village.

2. The MP then has to set targets for the village to be called a model village and establish the parameters that will define if the parameters have been met or not.

3. The end goal should be to meet the bare essentials of the village community like, smart schools, universal and accessible healthcare and pukka homes for the villagers.

The funds for this scheme are not separate and are already baked in the union budget. The funds may be raised through, existing schemes such as Indira Awas Yojna, Pradhan mantra gram sadak yojna, Mahatma Gandhi national rural employment guarantee scheme and backward region grants scheme. Etc. Other options available for the member of the parliament are sources such as MP Local Area Development Scheme, the gram panchayat’s own revenue, Central and state finance commission grants, and corporate responsibility funds from established corporate in the constituency.

The MP will also establish two committees headed by the rural development minister and secretary of rural development. The committee will be headed by the chief secretary and facilitated by the district collector. They need to be supported by the village gram panchayat members and office bearers. This executive committee will be responsible for monitoring the progress of the implementation of the scheme, identifying the bottlenecks and helping to remove them in the implementation process. They will also establish the operating procedure to undergo the implementation program in a seamless manner.

The committee executives also should ensure that all resources are available for the implementation. While doing so, they will also monitor the monthly progress of the scheme and its ability to meet the final objectives. The district collector will establish the grievance redressal forum and establish a mechanism to address all the grievances during the implementation of the program. While doing so, they will also ensure that the right facilitation is ready for the village to be prepared for the implementation of the scheme in a thought through and established manner.

They will also conduct the baseline survey, of the program and report the progress to the committee and the MP on a regular basis. While doing so, they will also converge the existing relevant schemes under this umbrella scheme. The gram panchayat members and its office bearers will implement the scheme as per the design and the standard operating procedure. But before that they have to be able to clearly identify the goals that are relevant to their village and articulate it with the committee in an effective manner. They will use the resources available and provided to them in the most prudent and effective manner to utilize them to the maximum extent possible. They are also expected to ensure that the whole village participation in the scheme and implementation of the program.

Advantages & Disadvantages :

Since this is an umbrella scheme and not a new scheme, it is expected to bring sanity and clarity to the villagers and the gram panchayat in terms of converging all the schemes under one. The main benefits of such a scheme are.

1. Better utilization of funds available – With all the funds existing in various schemes, there is always a possibility of the funds not being used effectively. This scheme provides the umbrella banner to make use of the funds across schemes in a better manner.

2. Larger scope of growth – since one guideline rule for the scheme is that the chosen village has to be an independent village and not either the MPs own village or their spouses, the possibility of new villages getting developed is high.

     3. Viral effect – The idea is to create a model village that other villages look up to and emulate.                This makes the viral effect and over the years, most villages would be self sufficient and                     developed.

Overall, about 2400 – 3000 villages with an average population of 2500 residents in each village are expected to benefit from this scheme. If this clubbed with the state-level village improvement schemes, then approximately 6000 villages are expected to benefited. However there are some potential or perceived disadvantages. While the advantages overweigh the disadvantages. Some of these said disadvantages are listed below.

1. While utilization of funds at a central or converged level may be an advantage, if there are no sufficient funds in any of those already existing schemes, then this scheme is bound to fail.

2. The need for multiple levels of officials and dignitaries to come together and manage such a huge project is often time consuming and may not be an effective model.

    3. The ownership of the success of this project is not set and it allows various parties to blame                 game if things fail. There does not seem to be a governance mechanism to peg responsibility               and authority at the right places.

However, if the project is designed and implemented in the right format, and in its letter and spirit, this has a huge potential to succeed and become the game changer for the way villages in India are administered and developed. A holistic development including the society and the culture, that is customized to the local needs is the right approach and way forward for India’s millions of villages to be self dependent and successful.

Pradhan Mantri Digital Locker Yojana

Pradhan Mantri Digital Locker Yojana, Pradhan Mantri Digital Locker Yojana is an initiative taken under Digital India Program. Now, all Indian citizens will get an electronic storage space where they can store their important and personal documents safely and easily. This is actually a personal space or a secure space for you. This space ensures safety and security of your personal documents. Now Indian citizens have a facility to store important documents like mark sheets, PAN card, Aadhar card in DigiLocker. Nowadays it has really become very easy to store documents.

Digital India is dream of Modi Government and digitalization is also very important for progress of our nation. Pradhan Mantri Digital Locker Yojana is among the most beneficial steps that are taken by Modi Government. New DigiLocker service is launched by PM Narendra Modi in July 2015, but many questions are flooding in minds of people. Many people do still not understand its importance and benefits. Here in this guide, we have mentioned all the important points and useful information about central government digital locker Yojana. It helps know all about the benefits and importance of digital locker facility by government of India.

First of all, you should know what actually DigiLocker is. This is actually a cloud platform more like iCloud, Drop Box, Sky Drive, Google Drive and much more. These cloud based services have always been very beneficial. DigiLocker service can be very helpful in storing digital copies of your original documents. Sometimes people find it very difficult to carry their original documents and their copies along with them. There may be the risk of document loss or miss. So these kinds of services such as digital locker government of India can be very beneficial. You can also store URL links safely to digital documents or e-documents offered by different issuers.

Central government digital locker Yojana service also offers some more interesting features. You can also use e-sign feature to sign stored e-documents digitally. E-sign feature is available with this service. Any type of personal documents such as driving license, university certificates, PAN cards, Voter ID cards and much more can be stored. You can also store URLs for e-documents issued by various different departments. You can use digital locker government app to store your documents easily. People will definitely find this service a good step from Modi Sarkar.

All Citizens of India can use central government digital locker Yojana. It is not limited to any specific age group people. This national service targets every single Indian citizen whether student or worker. However there is only one restriction. This national service will only be available to those India citizens who have Aadhar card number at their disposal.

If you don’t have Aadhar card, you are out of luck. You can use this service for free. Central government digital locker Yojana is a national infrastructure service and you need not to pay anything to access DigiLocker. Money is not required to access this service; you just need Aadhar card number to access it. You can store files only in .gif, .png, .jpeg, .jpg, .pdf format. Audio, video and .bmp files are not allowed to store.

You need to understand all procedure to store your document carefully in order to avoid any further inconvenience. Your document file should not be more than 1 MB size else you find difficulty in storing your documents. 1 GB storage space is available for an individual user of this service. Some people are dissatisfied with the storage space they get as 1 Gigabyte is not enough for them. Well, 1 GB is sufficient to store thousands of documents as most of the documents don’t exceed a few KB in size.

Department of Electronics and IT of Govt of India is in charge of maintaining central government digital locker Yojana. You can access this service like private services such as drop box, sky Drive, Google drive and any other cloud storage service. You can access this central government digital locker Yojana service by using a web portal. If you have android device, then you can have the facility to use digital locker government app.

You can access this service using the app. There are so many benefits of using this service. The main benefit of this service is it is very convenient to access it. You just need to get yourself registered for it. You get a registration page where you have to fill the important information. You will be asked to fill your Aadhar number.

Once you fill it, you can select the option of OTP. You will get an OTP on your registered mobile number. You have to enter OTP for further verification. Once you enter one time password, UIDAI perform electronic-know-your-customer verification. Once verification process get succeed, you can enter the locker. You can perform host of activities such as creating password, changing password, linking DigiLocker account with social media profiles.

You will find a ‘My Documents’ section after entering inside the DigiLocker. This section may again have 2 subsections named uploaded documents and digital documents. There are lots of benefits of using digital locker government app or service. It helps save lots of time that is required to share paper documents. This service allows quick access to the documents and you can organize your important documents easily.

Central government digital locker Yojana service allows self attestation in the digital signature form. The documents come from issuers directly so authenticity of document is easily validated. You can access your documents anywhere at any time. You just need a proper internet connection. Digital locker government app is launched by Indian Government in order to store all your important documents and files in it.

This service is available for every Indian citizen, so you should use it and make the most of it. This service aims to enable digital empowerment. You need not to search your document physically, now you just need to reach this cloud based service. These documents will be in DigiLocker scheme and you can safely share your documents across agencies.

Pradhan Mantri Gold Monetization Yojana

Pradhan Mantri Gold Monetization Scheme, Indian Government has taken lots of steps in development and welfare of our nation. There are so many schemes that are launched for benefits of Indian citizens. Pradhan Mantri Gold Monetization Scheme is one of them. In our country, around 1K Tonnes of gold is imported and India is considered as top gold importer in world.

This high import is not good for our nation as it adds financial burden to our country. High import of gold also forces the Indian government to levy high import duties. Our Government has decided to convert the gold of our country into cash. Indian institutions or households hold approx 20K tons of gold that has total value of $1 trillion. This total value of gold makes up more than fifty percent of Gross Domestic Product of our nation.

Pradhan Mantri Gold Monetization Scheme was announced on 5th November 2015 during union budget. This can be very useful scheme for gold owners. It helps you earn interest on your unused gold. This can be a new deposit tool that ensures mobilization of your gold lying idle in bank lockers. Gold owners (various families, households and institutions) just need to approach a bank to get their gold saving account opened.

What is gold monetisation scheme?

Pradhan Mantri Gold Monetization Scheme will turn your gold into productive asset in our country India. This scheme is the modification of GDS and GML. This new Gold Monetisation Scheme will replace the existing GDS. Gold owners just need to open their gold saving a/c and hand over their gold to assaying centres which assesses the gold’s purity and give a receipt to gold owner. Banks will be informed with real value of your gold by assaying centres. The value of your gold will be credited to your gold saving account by bank.

Banks collect the gold deposited by gold owners and send it to refineries. The gold will be melted and turned to gold bricks. Bank can use this gold to loan out it to jewellers who will repay the interest to banks. This is like an investment account for a gold owner. There is a maturity period. Once this period is over, bank would return the gold to gold owner along with fixed interest. The interest would also be paid out in gold. Pradhan Mantri gold Yojana can be very beneficial for gold owners.

What are the different ways in which the bank can use the gold reserves?

Bank can lend gold to jewellers: This is very obvious way. Bank can lend gold to jewellers and earn a fix interest on that gold lending. This can also reduce the total gold import and helps reduce CAD of government. The Current Account Deficit occurs when imported goods/services value is greater than exported goods/services value. The Current Account Deficit means country is using international financial help to operate. CAD is like liability that needs repayment. Reducing CAD is good for economy so announcement of this scheme for the good economy of India.

Bank can sell gold to foreign countries: Bank can sell out gold reserves to foreign countries. This can be the best way to invite foreign currency in the form of earnings.

Deposit allowed under Pradhan Mantri Gold Yojana:

A gold owner can deposit gold for long, medium or short terms under this scheme.
The tenure for long term deposit:1-3 years
The tenure for medium term deposit:5-7 years
The tenure for short term deposit: 12-15 years

Pradhan Mantri Gold Yojana eligibility:
All Indian citizens can invest in this scheme. This Pradhan Mantri gold Yojana accepts minimum 30 gram of gold in form of jewellery, coin or bar. There is no maximum limit of gold investment under Pradhan Mantri gold Yojana. It permits premature withdrawal after minimum lock-in-period but you have to pay penalty for it. All commercial banks can implement this scheme. You will get 2.5% interest annually which is more than previous gold investment schemes.

Benefits of investing in Pradhan Mantri Gold Monetization Scheme:

An investor can enjoy lots of benefits on investing in Pradhan Mantri gold bond scheme. He/she can earn interest (2.5%) on his/her idle gold. It can add more value to your savings. It helps reduce gold import and provide lots of benefits to country. This is a flexible scheme as you can withdraw your gold when you need it.

How Pradhan Mantri Gold Monetization Scheme works?

The whole process is similar to normal banking process. Interested jewellers or households have to deposit their gold. Gold owners will be informed about the exact value of their gold after using preliminary test. Once customers or gold owners get satisfied with gold value, they have to fill KYC form to give consent of melting their gold. If gold owners are not satisfied with pure gold value calculated after gold purity test, they can take their gold back. Fire essay test is conducted after preliminary test. Customers will get a certificate that contains the purity information and amount of gold. Bank opens a gold saving account for customers.

Sovereign Gold Bond

Investors can park their money in the form of bonds instead of buying gold. This bond will be available in form of paper or demat. This bond will be issued by RBI and it is equally beneficial as physical gold.

Conclusion:

The Pradhan Mantri Gold Monetization Scheme was launched to attract the 20K tons of gold saved in Indian temples, institutes and households into banking system. This scheme can attract 400 gm of gold in first 2 weeks this can be like poor response to Pradhan Mantri Gold Monetization Scheme. Indian Government has been announcing various steps for long time to make the Pradhan Mantri Gold Monetization Scheme more attractive and beneficial for gold owners.

These important steps include removal of capital gain and much more. This scheme can be successful with the proper support from commercial banks. Indian Government may decide to pay some incentives to banks as well.

Pradhan Mantri Make In India Yojna

Pradhan Mantri Make In India Yojana

Pradhan Mantri Make In India Yojna, The Indian government has launched Pradhan Mantri Make in India Yojna in order to promote in-house manufacturing in our country. This is an initiative by the Indian government to persuade more foreign investment in the domestic market. This policy was launched by 25th September 2014 by our honourable Prime Minister Narendra Singh Modi. The main objective of The Pradhan Mantri Make in India Yojna, is to replenish the economy degradation of India. Our economy touched the very low level in 2013 and this scheme can be a good initiative to recover it.

This policy can be very helpful in making our country one of the global forces in the international market. Pradhan Mantri Make in India Yojna is to create a manufacturing hub in India. This is not a simple scheme but it is covering big companies to set up their plans in our country India itself. This scheme is not for paper only but it is for a growth of Indian youth. This scheme can be beneficial for young generation as it may bring lots of job opportunities for them. The vision of this scheme is to increase manufacturing sector growth to 12 to 14 percent/annum. The main aim of this scheme is to rank amongst the top 3 growth economies of the world.

Basic Working Strategy:

2014 was the prime time to bring dropped Indian economy to back on track. This policy was designed to recover the damage of Indian economy. The main objective of this policy is to project our nation India as a very potential market in international market and trade. This Yojna inspires foreign investors to invest and offer confidence to domestic citizens and the business community. This policy can be the best way to reach the international market. This policy is to offer EODB to foreign investors and companies in order to attract more FDI. Earlier only 26% of FDI was sanctioned to defence sector but now it has reached up to 49% as per the new rule. The FDI is allowed up to 100% in Railway Sectors.

Select Sector:

Total 25 sectors were focused that needed to be promoted exclusively. These sectors were picked after much research and analysis. These are some sectors that had good scope for enhancing foreign investment. These sectors were picked wisely in order to improve product quality and manufacturing. These are some sectors that will be promoted under this policy given below:

• Aviation
• Automobile Components
• Automobile
• Chemicals
• Biotechnology
• Construction
• Electrical Machinery
• Defence Manufacturing
• Electronic Systems
• Leather
• Food Processing
• Media and Entertainment
• IT and Business Process Management
• Oil and Gas
• Mining
• Ports and Shipping
• Pharmaceuticals
• Railways
• Roads and Highways
• Renewable Energy
• Textile and Garments
• Space and Astronomy
• Thermal Power
• Wellness
• Tourism and Hospitality

Policy and Rules:

Our central government is leaving no stone unturned in order to bring investment and development to our nation. This new scheme is to encourage MNCs, regional, national, start-ups to manufacture their products in India. The main aim of PMMII is to give our economy global recognition. This scheme is to make our country more developed. This scheme is all about to make India a better country by generating employment rate.

Website and projects:

You can visit www.makeinindia.gov.in to know more about this scheme and get registered yourself with it.

Registration Process:

Investors can register for this scheme and add up to the economic growth of the country. It is very easy to register online. One can make investment query by clicking on www.makeinindia.gov.in Applicant can fill the form with important details such as the sector of interest, country, contact number, email-id, name and query details. For offline query and registration process, you may contact to Invest India. This is a government agency located in Delhi. You need not pay any registration fee for participating in it. You just need to have required skills and credentials.

Reason to Invest:

An automobile can be a good sector for investors as India is the fourth largest automobile market by volume and contributes to 7% of total GDP. The biotechnology industry is also the good option for investors. India has the long history of biological and medical research. India is the 6th largest producer of chemicals so the chemical industry can be the best industry for investors to invest. India is the 3rd largest producer of agro chemicals. Investors can also have lots of reasons to invest in the construction industry. This is an every growing sector and has a lot of potential in near future. Investors can also invest in defence manufacturing, food processing sector, renewable energy sector and much more in order to get the high return on investment.

Pros:

It will improve economic growth and decrease the level of poverty in India. It grows youth’s talent and provides them a platform to work and reach out to the global market. This is a supportive policy for in-house products. It would assist job market for millions of Indian people. This scheme has started to build our nation as top economical power at international level. This scheme is to support to India’s in-house products. This scheme will surely reduce the unemployment problem in India.

Cons:

The government has to face lots of challenges and problems to build trust in the middle of various manufacturing sectors while implementing this scheme. Another main problem in implementing this scheme is Indian Poor Infrastructure. India lacks skilled labour force so it may be a major problem. Manufacturing sectors demand highly trained and skilled workers. It may be very difficult for the Indian government to move the youth towards the nation itself as Indian youth prefer to go overseas for job and employment. Youth feel there are more chances of future growth in foreign countries.

Our central government has to be determined in order to overcome these hurdles. This scheme is to make India a perfect destination for investors. This scheme can be very beneficial for our economy and employment growth.