The Union Government of India launches different schemes from time to time with specific objectives. These schemes aim at benefiting the poor, economically backward, rural people, or vulnerable sections of the society. They address the social and economic welfare of the citizens of India.
Generally, the meaning of a scheme is a plan, design, or program of action involving many people which is formulated by the government. A union government scheme means a scheme formulated by the Government of India. The different Ministries of the Government of India have launched various government programmes known as schemes or Yojana.
The schemes launched by the Government of India are either Central or State specific schemes. Some of the schemes are also implemented through a collaboration between the Centre and the States.
The schemes launched by the Ministries of the Central Government of India are the Union Government Schemes. These schemes play a crucial role to solve the socio-economic problems prevailing in the country. They help to uplift the vulnerable sections of the society by providing basic and necessary facilities to them.
Objectives of the Union Government Schemes in India
There are several different schemes launched by the different Ministries of the Union Government. Each scheme has its own set of objectives. But the main objective of these schemes is to provide social, financial and economic welfare to the citizens of India. The general objectives of the social-economic and financial schemes are –
Provide social security measures such as pensions, insurance, maternity benefits, housing etc.
To improve the quality of the life of the people.
Upliftment of the poor.
Development of rural and backward areas.
Reducing the economic inequality between different sections of society.
Empower women for their better participation in society.
To provide employment opportunities.
To provide education and training to the weaker sections of the society.
To provide financial security to the vulnerable sections of society.
To provide financial assistance to women, small businesses and weaker sections of society.
List of Union Government Schemes for Individuals and Businesses
There are different schemes launched by the Union Government of India. Some schemes aim at providing socio-economic benefits to the individuals. Some schemes aim at providing financial assistance to the businesses. The list of prominent schemes launched by the Union Government is as follows –
Atal Pension Yojana
Unnat Jeevan by Affordable LEDs and Appliances for All (UJALA)
Ayushman Bharat Yojana
Grameen Kaushalya Yojana or DDU-GKY
Pradhan Mantri Gramin Awaas Yojana
Pradhan Mantri Matritva Vandana Yojana
Deen Dayal Upadhyaya Antyodaya Yojana
Pradhan Mantri Adarsh Gram Yojana
Pradhan Mantri Kaushal Vikas Yojna
Pradhan Mantri Suraksha Bima Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Jan Dhan Yojana
Rashtriya Krishi Vikas Yojana
Pradhan Mantri Awas Yojana
Antyodaya Anna Yojana
Pradhan Mantri Ujjwala Yojana
Atal Innovation Mission
Credit Guarantee Scheme for Startups (CGSS)
Midday Meal Scheme
Multiplier Grants Scheme
Skill India Mission
Benefits of Union Government Schemes for Individuals
There are many schemes launched by different Ministries of the Union Government for the benefit of the citizens of India. The schemes for individuals mainly focus on the vulnerable sections of the society such as rural and urban poor households, women, SC and ST, senior citizens, domestic workers etc. Each scheme concentrates on providing different socio-economic or financial welfare to the people.
The government schemes are beneficial to individuals for obtaining training and employment opportunities. Some schemes help in availing loans at a minimum rate of interest, opening a bank account for individuals, availing financial assistance to meet expenses of an individual, obtaining insurance and enrolling for pension by paying a minimum amount.
Some of the schemes concentrate on development and empowerment of woman. It provides financial assistance to the woman for starting their own business. There are schemes which provide basic education to the woman, maternity benefits and rehabilitation facilities.
Some schemes for the individuals concentrate on providing basic necessities to the individuals such as LED lights, drinking water, distribution of food grains, housing, clean environment etc.
Benefits of Union Government Schemes for Businesses
The Union Government has launched many schemes specifically to help the businesses in India. These schemes allow for ease of business and in turn, strengthen the economy. The schemes launched for businesses helps them by providing financial assistance and technical assistance for their growth.
Many schemes for businesses provide benefits for obtaining loans at subsidised rates, obtaining credit guarantee on loans, subsidy for technological upgradation, support through venture capital etc.
Many recent schemes promote starting own businesses on a small scale basis by providing entrepreneurial and training facilities, building manufacturing infrastructure, incentives for women and economically backward sections to start their own business, a digital platform for accessing global markets and digital documentation etc.
The Pradhan Mantri Gram Sadak Yojana (PMGSY) was introduced in December 2000. The idea was to provide rural India with unrestricted all-weather road connectivity, thus facilitating easy movement of goods and services all over India
The National Health Mission came into force in 2006, launched by the Government of India. At the time of its launch, the main objective of the National Health Mission was to tackle India’s malnutrition crisis.
The Pradhan Mantri Adarsh Gram Yojana has been introduced to make villages with an SC population of 50% or more an Adarsh Gram that is a model village with the requisite facilities for equal opportunities.
Rashtriya Krishi Vikas Yojana is a State Plan scheme to ensure the development of agriculture and allied services. The scheme provides various benefits to startups by providing financial support and orientation.
Pradhan Mantri Jeevan Jyoti Bima Yojna is one of the three social security schemes launched by the Government in the year 2015. It is a life insurance scheme that offers a cover of Rs. 2 lakh on the sudden demise of a policyholder.