Government Scheme

Centralised Pension Payments System (CPPS), Key Features

Context: Employees’ Provident Fund Organisation has completed full-scale implementation of the new Centralised Pension Payments System (CPPS) to provide PF pensions under the Employees’ Pension Scheme. Key Features of Centralised Pension Payments System (CPPS) Seamless Access to Pension Pensioners can...

One Nation One Subscription (ONOS) Scheme, Objectives and Features

India has a rich legacy of intellectual achievement, spanning advancements in mathematics, astronomy, and diverse scientific fields. Recognizing the need to nurture this legacy, the One Nation One Subscription (ONOS) scheme, approved on November 25, 2024, promises to revolutionize access...

Small Savings Schemes: Possible Interest Rate Cuts Ahead

About Small Savings Scheme Small savings schemes are central government-managed savings instruments designed to encourage regular saving across all age groups. These schemes are attractive due to their higher returns compared to bank fixed deposits, sovereign guarantees, and tax benefits....

PM CARES Fund, Objectives and Contributions

About PM CARES Fund PM CARES stands for Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund. It was created during the Covid-19 pandemic. It has been registered as a Public Charitable Trust. Objective: To deal with any kind...

PM Matsya Sampada Yojana, Objectives, Beneficiaries

Context: India has experienced significant growth in fish production, with an 83% increase since 2013-14, reaching a record 175 lakh tons in 2022-23. About PM Mastya Sampada Yojana PM Mastya Sampada Yojana (PMMSY) launched in 2020 is a 5-year (FY...

57 Lakh Cards to be Distributed under SVAMITVA Scheme

About SVAMITVA Scheme SVAMITVA stands for Survey of Villages and Mapping with Improvised Technology in Village Areas. It’s a Central Sector Scheme launched on National Panchayati Raj Day (24th April) in 2021. Nodal Ministry: Ministry of Panchayati Raj Stakeholders involved:...

Direct Benefit Transfer Scheme, Benefits, Pros and Cons

Direct Benefit Transfers (DBT) and cash transfer schemes have gained significant traction in India. Around 15 states governed by various political parties have implemented versions of unconditional cash transfers, targeting women and marginalized sections of society. Direct Benefit Transfer (DBT)...

Eklavya Model Residential Schools (EMRS)

About Eklavya Model Residential Schools (EMRS) EMRS is a Central Sector Scheme started in 1997-98 to impart quality education to ST children in remote areas. EMRS are established in the States/UTs from the grants received under Article 275(1) of the...

Labour Committee asks Centre to Increase Minimum PF Pension

About Employees’ Pension Scheme (EPS) EPS is a social security scheme of EPFO which provides pension benefits to employees in the organized sector. It was launched in Eligibility: Employees who are members of the Employees' Provident Fund (EPF) are automatically...

Credit Guarantee Scheme for e-NWR based Pledge Financing

Credit Guarantee Scheme for e-NWR based Pledge Financing Aim: Providing credit facilities to small farmers & preventing them from distress selling. It provides a corpus of Rs 1,000-crore for post-harvest finance availed by farmers against electronic negotiable warehouse receipts (e-NWRs)...