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
  • Swamitva Yojana
  • ASPIRE Scheme
  • Atal Innovation Mission
  • Credit Guarantee Scheme for Startups (CGSS)
  • Midday Meal Scheme
  • Multiplier Grants Scheme
  • Skill India Mission
  • Startup India

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.

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  1. The Ministry of Skill Development and Entrepreneurship (MSDE) is set up as a Ministry of the Government of India. It aims to integrate the skill development efforts across the country.
  2. The Government of India launched ASPIRE in 2015 for setting up incubation centres to enhance entrepreneurship and employment in the agriculture industry.
  3. Pradhan Mantri Gramin Awaas Yojana came into effect from 1st April 2016. This scheme aims to provide technical and financial assistance to homeless families for construction of a house.
  4. The Department of Electronics and Information Technology (DeitY) is implementing the Multiplier Grants Scheme with an idea to bridge the gap between research and development and commercialisation.
  5. Support for International Patent Protection in Electronics & Information Technology (SIP-EIT) financially backs up the MSMEs and Technology startups to file for international patents.
  6. Pradhan Mantri Ujjwala Yojana is a social welfare scheme with a vision of a smoke-free rural India and reducing health disorders for women belonging to BPL families, air pollution, and deforestation.
  7. The Credit Guarantee Scheme for Startups is part of the Startup India action plan and will thus allow startups to avail loans for their businesses without any collateral security.
  8. The Government of India brought forth an initiative called the Atal Innovation Mission, which aims to promote the culture of entrepreneurship and innovation across the country.
  9. Svamitva Yojana was launched with an aim to demarcate and map village properties using drone technology. Property cards are issued to the owners of the property under this scheme.
  10. The Targeted Public Distribution System (TDPS) is an evolved system for food and distribution of food grains. To make this system more focussed, the Antyodaya Anna Yojana was launched in the year 2000.
  11. 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.
  12. 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.
  13. 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.
  14. Pradhan Mantri Suraksha Bima Yojana is an accident insurance scheme launched by the Government of India. The aim of the scheme is to bring the uninsured under the umbrella of insurance.
  15. Pradhan Mantri Kaushal Vikas Yojna (PMKVY) is an initiative by the Government of India to recognise and standardise skills of Indian youth to take up industry-relevant skills.
  16. Deen Dayal Upadhyaya Antyodaya Yojana (DAY) scheme is the integration of National Urban Livelihoods Mission (NULM) and National Rural Livelihoods Mission (NRLM) which aims to uplift the poor.
  17. Pradhan Mantri Matritva Vandana Yojana was introduced in the year 2017 to provide a direct cash benefit to pregnant and lactating women above the age of 19 or above for the first live birth.
  18. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) is a part of the National Rural Livelihood Mission (NRLM) scheme. DDU-GKY provides training, employment and placement to rural youth.
  19. The UJALA Scheme is being implemented by the EESL (Energy Efficiency Services Limited) to set up a phase-wise distribution of LEDs all over the country.