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The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is a life insurance scheme launched by the Government of India on May 9, 2015, with the aim of providing life insurance coverage to citizens at an affordable cost. Under this scheme, a life insurance coverage of Rs.2 lakh is provided in the event of death due to any cause. Individuals aged between 18 and 50 years who hold a savings bank account can enroll in this scheme by paying an annual premium of just Rs.436; this premium amount is automatically debited from their bank accounts. This policy remains valid for a period of one year and is renewable annually. The scheme plays a pivotal role in ensuring the financial security of the insured individual's family in the unfortunate event of their untimely demise.

The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a central government scheme. India's current Prime Minister, Narendra Modi, launched this scheme on August 28, 2014. The initiative was introduced with the specific objective of extending banking facilities to a vast majority of the Indian population. Through the Pradhan Mantri Jan Dhan Yojana, an Indian citizen can open a bank account simply by submitting a few documents, without the requirement of making any initial deposit. In addition to opening a bank account, an Indian citizen is entitled to various other benefits under the Pradhan Mantri Jan Dhan Yojana. Under this scheme, common citizens can open 'zero-balance' bank accounts; receive direct financial assistance (DBT) from various government schemes; and avail themselves of accident insurance and overdraft facilities. This initiative helps integrate those currently excluded from banking services into the mainstream formal banking system, thereby strengthening their financ...

The Gold Monetization Scheme (GMS) was launched by the Government of India in 2015 to encourage people to deposit their unused gold in banks and earn interest on it. Under this scheme, individuals, trusts, and institutions can deposit gold in the form of jewellery, coins, or bars with authorized banks. The deposited gold is melted and converted into standard gold, which can then be used by the government or banks. In return, the depositor receives interest and the gold is returned after maturity either in gold or cash equivalent. The scheme also helps reduce India's dependence on gold imports.

The Pradhan Mantri Garib Kalyan Yojana (PMGKY) is a public welfare scheme introduced by the Government of India, under which free food grains (5 kg per month) are provided to over 800 million poor and needy individuals. It was launched during the COVID-19 pandemic and remains operational to this day. Under this scheme, free food grains, financial assistance, and other benefits are extended to poor families, farmers, women, and laborers. Its primary objective is to ensure food security, financial aid, and basic support for the economically vulnerable sections of society.

Pradhan Mantri Fasal Bima Yojana (PMFBY) is a crop insurance scheme launched by the Government of India in 2016 to protect farmers against crop loss due to natural calamities, pests and diseases. The scheme helps farmers get financial assistance in case of crop loss and encourages adoption of modern farming methods. It provides affordable insurance at low premium rates so that farmers can secure their income and continue farming without major financial losses. It covers a wide range of crops and helps farmers overcome losses during the farming season.

Pradhan Mantri Vikshit Bharat Rojgar Yojana (PMVBRY) is a government employment scheme launched by the Government of India under the leadership of Narendra Modi to create employment and increase formal employment in the country. The scheme aims to encourage companies to hire more workers by providing financial incentives to both employers and first-time employees. Under this scheme, eligible new employees registered with the Employees' Provident Fund Organisation (EPFO) can get a financial incentive of up to Rs.15,000, while employers get government assistance for hiring additional workers. The scheme focuses on expanding social security coverage, supporting young job seekers and increasing employment opportunities in various sectors in India.

The Beti Bachao Beti Padhao (BBBP) Scheme is a flagship initiative of the Government of India launched on 22 January 2015 to address the declining Child Sex Ratio and promote the welfare and education of the girl child. The scheme aims to prevent gender-biased sex selection, ensure the survival and protection of girls and encourage their education and participation in society. It also focuses on changing societal attitudes towards girls through awareness campaigns and community participation. The programme is jointly implemented by the Ministry of Women and Child Development, Ministry of Health and Family Welfare and Ministry of Education to ensure that girls get equal opportunities and grow up in a safe and supportive environment.