#what is pradhan mantri jan dhan yojana
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catalyst201 · 1 month ago
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Factors That Determine Interest Rate on Savings Account
The choice of a savings account is influenced by one of the major factors – the interest rate offered by a particular bank. Simply put, a savings account is a tool that helps you keep your funds organised and the savings account interest rate is paid on that fund. The interest rate determines the volume of growth you will see over time.
Things That Affect Interest Rates in a Savings Account
There are many factors that influence the savings account. When you put time and effort into understanding these factors, you get to make an informed decision when you apply for savings account:
Bank’s Demand for Deposits
Every bank has its own need for liquidity. This directly impacts the kind of interest rate it offers on savings accounts. When that needs more liquidity may offer higher interest rates because it will attract more deposits. These deposits are then used by banks to give out loans and make money. For instance, AU Small Finance Bank, a comparatively new player in the market, offers competitive interest rates of up to 7.25% on savings accounts to grow its deposit base.
Inflation
The rise in the general goods and services price over a period of time is called inflation. Savings account interest rates might get adjusted by banks to combat the effects of inflation. When inflation goes up, the offering interest rates of banks go up too. This is done to ensure that the depositors don’t lose their purchasing power. On the other end, when inflation sees a dip, interest rates decrease along with it.
Government Regulations
Government policies and banking regulations play an important role. Savings accounts that come under the Pradhan Mantri Jan Dhan Yojana (PMJDY) are treated differently. Their interest rates are mandated by the government. That is because the aim of such bank accounts is different. These accounts are designed to promote financial inclusion or provide support to a particular section of the society.
What Can You Do To Earn Higher Interest On Your Savings Account
There are specific RBI guidelines for the calculation of interest in a savings account. It is calculated as per the available balance in your savings account at the end of the day. Some savings accounts come with a requirement of a minimum balance. The more liquid cash you keep in your account, the more interest you will earn. Yes, you will withdraw cash and use a debit card to make payments with your savings account. However, the less you spend, the more your average balance will be and the more interest you will end up earning.
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iasguidance · 3 months ago
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Pradhan Mantri Jan Dhan Yojana (PMJDY)
Context: The flagship financial inclusion scheme of the Centre, Pradhan Mantri Jan Dhan Yojana (PMJDY), will be completing a decade on August 15. What is financial inclusion? Financial Inclusion refers to universal access to a wide range of financial services at an affordable cost. These include not only banking products (basic savings, deposit accounts, remittance and credit) but also other…
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parasparivaar · 4 months ago
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India’s Fight Against Poverty
The Indian government runs schemes for poor people.
The Indian government runs a number of programs to help economically disadvantaged people raise their standard of living. These programs aim to provide financial assistance, create job opportunities, and ensure access to basic amenities including housing, healthcare, and education. Here are some of the major projects aimed towards the poor in India:
Paras Parivaar Charitable Trust Contribution For Poor People
From the bottom of our hearts, we extend a warm welcome to you into the Paras Parivaar Charitable Trust family. In our Sanatan Dharm, this Parivaar was founded and is now being maintained by our Mahant Shri Paras Bhai Ji of Sanatan Dharm to contribute to the welfare of the underprivileged and needy people. Because he consistently states, “happiness of maa is behind their smile.” This idea of Mahant Shri Paras Bhai Ji has become the focus of our family’s daily activities.
The Paras Parivaar Charitable Trust works 365 days a year to lug our Paras Guru’s vision forward. We have helped more than 10 lakh Needy, and thanks to Maa and our Mahant Shri Paras Bhai Ji of Sanatan Dharm, this number is steadily rising. And it is the grandeur of Sanatan Dharm that we strive to assist those who cannot afford to pay for their education or who are food insecure.
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Because we usually hear the quote ���Unity is Strength” in everyday life, the Paras Parivaar Charitable Trust would like for you to join our family. We are certain that if we all work together as a single family, we will be stronger and more committed to helping more people in need. Serving an increasing number of individuals in need will enable us to carve out a large place in the heart of our Maa. So, join the Paras Parivaar now for the chance of a lifetime to make the poor and needy smile widely.
Working hard to boost the lives of the Poor And Needy People would also help us reduce the rate of Poverty and increase the rate of education in our nation. In addition to providing aid to those in need, our Mahant Shri Paras Bhai Ji wants to educate them so that they may become self-sufficient and contribute to the cause. join our Paras Parivaar Charitable Trust and aid those in need and destitute with what they need for food, shelter, and education.
Indian Government’s Schemes for Poor People
1. Pradhan Mantri Awas Yojana (PMAY): PMAY, which was introduced in 2015, aims to provide affordable housing for everybody by 2022. Under this scheme, the government funds the construction of pucca houses with basic amenities such as a toilet, LPG connection, power, and drinking water.
2. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA):
MGNREGA ensures 100 days of paid employment per year for rural households. It offers unskilled manual labor, ensuring livelihood security in rural areas.
3. National Social Assistance Programme (NSAP): NSAP is a welfare program that assists the elderly, widows, disabled people, and low-income children. It includes the Indira Gandhi National Old Age Pension Scheme, the Indira Gandhi National Widows Pension Scheme, and the Indira Gandhi National Disability Pension Scheme.
4. Pradhan Mantri Jan Dhan Yojana (PMJDY): PMJDY is a statewide financial inclusion strategy that assures access to financial services such as bank accounts, remittances, loans, insurance, and pensions. It provides a basic savings bank account with overdraft protection and a RuPay debit card.
5. Pradhan Mantri Ujjwala Yojana (PMUY): PMUY aims to provide LPG connections to women from BPL homes. It reduces indoor air pollution and empowers women by removing the difficult process of gathering firewood.
6. Pradhan Mantri Matru Vandana Yojana (PMMVY): PMKVY is a maternity benefit system that reimburses pregnant and nursing mothers for salary loss. The program provides a financial incentive of ₹5,000 in three installments after meeting specific requirements.
7. Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): PM-KISAN provides a yearly income support of ₹6,000 to landholding farmer families in three equal installments to cover agricultural and household needs.
8. Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM): PM-SYM is a voluntary, contributory pension scheme for unorganized workers. At 60, beneficiaries receive a monthly pension of ₹3,000.
These initiatives, along with others like the National Rural Livelihood Mission (NRLM), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), aim to provide a social safety net for the impoverished and vulnerable segments of society.
While these initiatives have made significant progress, challenges remain in terms of awareness, accessibility, and successful implementation. The government continues to monitor and enhance these programs.
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werindialive · 7 months ago
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Congress Leader Shashi Tharoor Talks About PM Modi's Replacement
In a recent interview, Congress leader Shashi Tharoor was asked who could replace Prime Minister Narendra Modi. Instead of giving a direct answer, he talked about what qualities a leader should have. He said a good leader should be fair, capable, and have a clear plan for the country's future. Tharoor didn't name anyone specific, but his words made people think about what's important in a leader.
Tharoor's comments are important because they come at a time when the Congress party is trying to become stronger. They want to be a strong opposition to the ruling BJP party. Tharoor's words show that the Congress party needs to think about what kind of leader they want and what they stand for.
Tharoor's ideas are not just for the Congress party. They're also important for all political parties in India. As India faces many challenges, leaders need to focus on what's best for the country. Tharoor's message is about looking at bigger issues and not just individual people.
Tharoor's words are a reminder that Indian politics should be about ideas and not just about personalities. He wants people to think about what's important for the country's future. While the search for PM Modi's replacement goes on, Tharoor's ideas make us think about what kind of leadership India needs in the long run.
In conclusion, Shashi Tharoor's comments have sparked a broader conversation about leadership in Indian politics. His emphasis on qualities rather than individuals highlights the importance of substance over symbolism. As political parties strive to address the country's challenges, Tharoor's ideas serve as a valuable guide for shaping a brighter future for India.
A Recap of Key Initiatives and Policies By Prime Minister Narendra Modi -
Prime Minister Narendra Modi has implemented various initiatives and policies aimed at transforming India's socio-economic landscape. His government's flagship programs like Swachh Bharat Abhiyan, Make in India, and Digital India have sought to address pressing issues such as sanitation, economic growth, and digital empowerment.
PM Modi's focus on infrastructure development through projects like the Smart Cities Mission and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) has aimed to modernize urban areas and improve living standards. Moreover, initiatives like Jan Dhan Yojana, Ayushman Bharat, and Pradhan Mantri Awas Yojana have aimed at financial inclusion, healthcare accessibility, and affordable housing for all sections of society.
PM Modi's tenure has also seen significant foreign policy initiatives, enhancing India's global stature and fostering closer ties with key partners. Overall, PM Modi's leadership has been characterized by a vision for inclusive development, digital transformation, and a stronger India on the global stage.
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nickjoyhn · 1 year ago
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Sarkari Yojana - Empowering Citizens for a Better Tomorrow
In India, the government has always played a crucial role in implementing welfare schemes and initiatives to improve the lives of its citizens. One such significant aspect is the concept of "Sarkari Yojanas," which are government-sponsored programs designed to address various social, economic, and cultural challenges faced by the population. This article explores the ins and outs of Sarkari Yojanas, their impact, application process, eligibility criteria, and much more.
What are Sarkari Yojanas?
sarkari yojana, also known as Government Schemes, are well-structured programs initiated by the Indian government to provide support and benefits to specific sections of society. These yojanas aim to uplift the underprivileged, boost economic growth, and ensure overall development. They cover various areas such as education, healthcare, agriculture, employment, and housing, among others.
Importance of Sarkari Yojanas
The significance of Sarkari Yojanas lies in their ability to bridge the gap between the privileged and the marginalized. These schemes act as a safety net for vulnerable populations, offering them opportunities that might otherwise be inaccessible. Additionally, Sarkari Yojanas play a vital role in promoting inclusivity and sustainable development across the nation.
How to Apply for Sarkari Yojanas
Applying for Sarkari Yojanas has become more accessible with the advent of digitalization. Typically, the application process involves registering on the official government portal, filling out necessary forms, and providing relevant documents. Additionally, some schemes might require physical verification or assistance from designated authorities.
Eligibility Criteria for Sarkari Yojanas
Each Sarkari Yojana comes with specific eligibility criteria, which varies depending on the scheme's objective and target beneficiaries. Factors such as income level, age, gender, and social category are considered while determining eligibility. It is essential to thoroughly understand these criteria before applying to ensure a successful application.
Popular Sarkari Yojanas in India
India boasts an array of successful Sarkari Yojanas that have transformed countless lives. Some of the most prominent schemes include:
1. Pradhan Mantri Jan Dhan Yojana (PMJDY)
PMJDY aims to provide access to banking services to the unbanked population. Under this scheme, individuals can open a bank account with zero balance and avail benefits such as insurance coverage and overdraft facilities.
2. Swachh Bharat Abhiyan
This nationwide cleanliness drive aims to make India open defecation-free and create a cleaner environment. It has been successful in promoting better sanitation practices and hygiene.
3. Pradhan Mantri Ujjwala Yojana (PMUY)
PMUY aims to provide free LPG connections to women from below the poverty line households. This initiative not only improves the health of beneficiaries but also reduces the dependency on traditional cooking fuels.
4. Ayushman Bharat Yojana
Ayushman Bharat, also known as the National Health Protection Scheme, provides health insurance coverage to economically disadvantaged families, ensuring they receive quality healthcare without financial burdens.
5. Pradhan Mantri Awas Yojana (PMAY)
PMAY aims to provide affordable housing to urban and rural poor. It offers financial assistance for constructing or purchasing houses and has made a significant impact on reducing homelessness.
Impact of Sarkari Yojanas on Society
The implementation of Sarkari Yojanas has resulted in substantial positive changes in society. These schemes have significantly contributed to poverty alleviation, improved healthcare, increased literacy rates, and enhanced overall socio-economic conditions.
Advantages and Disadvantages of Yojanas
Like any government initiative, Sarkari Yojanas have their pros and cons. It is essential to analyze both aspects to understand their overall impact on society and potential areas of improvement.
Advantages
Social Upliftment: Sarkari Yojanas have uplifted millions from poverty and provided opportunities for a better life.
Better Healthcare: Health-related schemes have improved accessibility to medical facilities and reduced the financial burden of medical expenses.
Infrastructure Development: Schemes aimed at infrastructure have contributed to the nation's growth and development.
Empowerment of Women: Many yojanas focus on empowering women and providing them with equal opportunities.
Disadvantages
Administrative Challenges: Sometimes, bureaucratic hurdles can delay the effective implementation of schemes.
Corruption: There have been instances of corruption and mismanagement in the execution of some schemes.
Lack of Awareness: Some eligible beneficiaries might miss out on the benefits due to a lack of awareness about the schemes.
How Sarkari Yojanas Drive Economic Growth
Sarkari Yojanas play a crucial role in driving economic growth. By providing financial assistance, skill development, and access to resources, these schemes enable individuals to participate more actively in the economy.
Success Stories of Sarkari Yojana Beneficiaries
The success stories of individuals and communities benefiting from Sarkari Yojanas are inspiring and heartwarming. These stories highlight the transformative impact of these schemes on people's lives.
Challenges and Improvements
While Sarkari Yojanas have achieved remarkable milestones, there are still challenges to address. Identifying and overcoming these challenges is crucial for the continuous improvement of these schemes.
Future of Sarkari Yojanas
The future of Sarkari Yojanas holds great promise. As technology advances and the government adapts to changing socio-economic needs, these schemes are likely to become more efficient and impactful.
Sarkari Yojanas are a testament to the government's commitment to fostering equitable growth and development. These schemes have touched the lives of millions, empowering them to lead better and more dignified lives. As we move forward, it is vital to ensure better implementation, increased awareness, and continuous assessment to make these initiatives even more effective.
READ MORE : https://allsarkari-naukri.com/sarkari-yojana/
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ouryojna · 2 years ago
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What is PMJDY.
The ministry of finance of government of india launched a scheme pradhan mantri jan dhan yojana (PMJDY) in 2014. The main purpose of this yojana is to provide financial service to those who have not bank accounts. Because it is a financial scheme so it is mainly provided by private sectors or government. Not all people is able to gain this profits. There is some criteria which tells that who is able to get the benefits of this scheme. To know the eligibility criteria visit PRADHAN MANTRI JAN DHAN YOJANA. This PMJDY scheme made a world record in Guinness word record for most opened bank accounts in a week. in 2018 about 31 crores accounts opened in this scheme across rural and urban areas of india.
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getallsarkariyojana · 2 years ago
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PM Shram Yogi Mandhan Yojana and PM Garib Kalyan Yojana
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PM Shram Yogi Mandhan Yojana and PM Garib Kalyan Yojana are two government schemes that aim to provide financial assistance to the poor. The schemes provide direct assistance, such as interest-free loan and subsidies on food items, for the purchase of essential goods and services. 
Why is this important? 
Well, as the population grows increasingly affluent, it's becoming increasingly difficult for people in lower income brackets to afford basic needs like food and shelter. 
These schemes help bridge the gap by providing financial assistance in these crucial areas. Plus, they also stimulate economic activity - which is always a good thing. 
How do I sign up? 
If you're eligible for either scheme, you can sign up online or through your local district office. Both schemes have specific eligibility criteria, so be sure to check before signing up.
What is the PM Shram Yogi Mandhan Yojana?
The Prime Minister’s Shram Yogi Mandhan Yojana (PM Shram Yogi Mandhan) is a scheme launched by the Narendra Modi-led government in June 2016 to provide financial assistance of Rs.24,000 to farmers for availing advance interest free crop loans. 
The scheme has been extended till 31 December 2020. Under this scheme, a beneficiary farmer can avail an interest free loan of up to Rs 2 lakh from a designated lending institution. The loan can be used for any agricultural purpose, including crop production, fertigation, dairy farming and poultry farming. 
The farmer will also be entitled to receive benefits under other schemes such as Pradhan Mantri Fasal Bima Yojana and Pradhan Mantri Krishi Sinchai Yojana. To date, the PM Shram Yogi Mandhan Yojana has benefitted over 1 crore farmers across the country. The government has plans to augment this scheme with various measures such as increasing the limit of loan amount available under the scheme, extending the benefits of other schemes such as Pradhan Mantri Fasal Bima Yojana and Pradhan Mantri Krishi Sinchai Yojana to farmers who avail loans under PM Shram Yogi Mandhan, and creating an online portal for easy access to information about the scheme and its benefits for beneficiaries.
What is the PM Garib Kalyan Yojana?
The Prime Minister's Mahatma Gandhi National Rural Employment Guarantee (PM Garib Kalyan Yojana) is a government-sponsored scheme to provide jobs to the rural population. The scheme was launched by the Indian Prime Minister Narendra Modi in October 2016. The PM Garib Kalyan Yojana provides employment-oriented support to villages and provides financial assistance of Rs 5,000 per individual per year for a period of three years. The scheme also provides free employment-related training to the beneficiaries. The PM Garib Kalyan Yojana has been designed to target the rural poor and unemployed people living in small and marginalised villages. The scheme will provide jobs to approximately 100 million people over the next three years. Under the PM Garib Kalyan Yojana, companies hiring from among the unemployed residents of these villages will be granted an exemption from paying social security taxes for a period of four years. In addition, companies hiring from among the beneficiaries of the scheme will be exempted from customs duty for a period of six months. The programme is expected to create nearly two crore direct and indirect jobs in rural areas during its three-year implementation period.
How are these schemes different from other financial schemes?
The Prime Minister’s Shram Yogi Mandhan Yojana and the Prime Minister’s Garib Kalyan Yojana are two different financial schemes launched by the Indian government in order to help the citizens of India. The Prime Minister’s Shram Yogi Mandhan Yojana, also referred to as the Jan Dhan Yojana, is an initiative that was started in August 2014 in order to provide banking facilities to the citizens of India.
 The Prime Minister’s Garib Kalyan Yojana, also referred to as the Pradhan Mantri Kaushal Vikas Yojana, was launched in November 2016 in order to provide insurance and other financial services to the citizens of India. The main differences between the Prime Minister’s Shram Yogi Mandhan Yojana and the Prime Minister’s Garib Kalyan Yojana are that the Prime Minister’s Shram Yogi Mandhan Yojana is aimed at providing basic banking services to low-income residents of India, while the Prime Minister’s Garib Kalyan Yojana is aimed at providing insurance and other financial services to all Indian citizens.
Additionally, the Prime Minister’s Shram Yogi Mandhan Yojana has been limited to providing bank accounts only, while the Prime Minister’s Garib Kalyan Yojana has been expanded to provide insurance products such as
Who is eligible for these schemes?
The Prime Minister's Mahatma Gandhi National Rural Employment Guarantee Scheme, popularly known as the Mahatma Gandhi National Rural Employment Guarantee Yojana (MGNREGS), provides employment-oriented guarantee of 100 days' Unemployment benefit to households in rural areas. 
The scheme is implemented by the Ministry of Micro, Small and Medium Enterprises. Eligible categories of persons are all those whose income is below a certain threshold. As per 2016-17, the income limit for an individual under the MGNREGS is Rs 6,000 per month. For a family of five members, the monthly income limit is Rs 12,000. The unemployed have to be verified by the local authorities and must have been continuously residing in the same village/hamlet for at least 30 days before claiming unemployment benefits. 
The family gets 80% of the unemployment allowance granted to an employed person in that area. If there are more than one member unemployed, then each member gets 50% of the allowance as against 60% if it is just one member who is unemployed.
When can I apply for these schemes?
Under the Pradhan Mantri Shram Yogi Mandhan Yojana and the Pradhan Mantri Garib Kalyan Yojana, eligible individuals can avail of benefits starting January 1, 2019. 
Eligibility criteria for both schemes are as follows: 1) Individuals must be citizens of India aged 65 years or older. 2) Individuals must have a minimum bank balance of Rs 2 lakh. 3) Applicants must reside in a district notified as having been affected by poverty or rural poverty as per the National Family Health Survey-4. 4) Applicants must not be already receiving any form of social welfare assistance from the government or any other source.
What are the benefits of these schemes?
Under the PM Shram Yogi Mandhan Yojana, individuals can avail of interest rate subsidy of up to Rs.1.5 lakh per annum on lending to MSMEs. The scheme offers concessional rate of interest ranging from 9% to 12%. The scheme also offers a corpus fund credit guarantee of upto Rs 1 crore for loans made to MSMEs. The scheme is aimed at mobilising finance for small and medium-sized enterprises (MSMEs) which are considered crucial for creating jobs and generating growth in the economy. It provides much-needed relief to these businesses, which are often burdened by high borrowing costs and difficulty finding appropriate sources of long-term funding. The PM Garib Kalyan Yojana offers a similar incentive package for lending to MSMEs. Under this scheme, borrowers can avail of interest rate subsidies ranging from 10% to 12%, and a corpus fund credit guarantee of upto Rs 2 crore. 
Both schemes offer significant benefits over conventional banking products and financing arrangements available to MSMEs. These schemes provide much-needed relief to these businesses, which are often hampered by high borrowing costs and difficulty finding appropriate sources of long-term funding. 
They also promote entrepreneurship and growth in the economy by helping MSMEs expand their operations and create more jobs
Conclusion
As we move into the festive season, many of us are likely to find ourselves spending a lot of time with family and friends. If you're looking for ways to save money while you're here, be sure to check out our post on the PM Shram Yogi Mandhan Yojana and PM Garib Kalyan Yojana. 
These schemes offer concessional rates on railway tickets so that you can travel home at a discounted price. Whether you're planning a trip home or just want to take advantage of some great railway deals this holiday season, make sure to check them out!
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hnewindia07 · 3 years ago
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Pradhan mantri Jan Dhan Yojana, PMJDY Account Open Online
Pradhan mantri Jan Dhan Yojana, PMJDY Account Open Online
प्रधानमंत्री जन धन योजना, PMJDY, Pradhan mantri Jan Dhan Yojana इस पोस्ट में हम आपको प्रधानमंत्री जन धन योजना से संबंधित सभी जानकारी देंगे। जैसे कि प्रधानमंत्री जनधन योजना क्या होता है? प्रधानमंत्री जनधन योजना को कब शुरू किया गया? इस योजना से आपको क्या सब लाभ मिल सकता है? और इस योजना का उद्देश्य क्या है? अगर आप प्रधानमंत्री जन धन योजना से संबंधित सभी जानकारी प्राप्त करना चाहते हैं, तो इस पोस्ट को…
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govind-goswami · 4 years ago
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What is a Zero Balance Account?
Savings Accounts
Banks offer savings account, a type of deposit where you can deposit your money and savings. In most cases, savings account come with a minimum average requirement that you need to maintain to avoid paying maintenance fee. Depending on the bank the minimum balance can be calculated on a monthly or quarterly basis.
Also, you receive interest on your deposit.      
What is Zero Balance Bank Savings Account?
Zero balance account is a kind of savings account with zero charges on non-maintenance of balance. This means that the account gives you the flexibility to spend without worrying about maintaining a minimum average balance.
Types of zero balance savings accounts
There are three main types of zero balance savings account. Basic Savings Bank Deposit (BSBDA), Basic Savings Bank Deposit (BSBDA) Small Account and accounts opened online through Aadhaar OTP authentication.    
Online Zero Balance Savings Accounts
Online zero balance accounts are savings account that you can open instantly online through Aadhaar OTP authentication. However, not all online savings accounts are zero balance accounts.
Indian citizens above 18 years of age can open the account. Generally, these accounts are meant for individual use and joint accounts may not be available.
 You can download the bank’s mobile banking app or fill the online account opening form to open the account. PAN, Aadhaar card and Aadhaar linked mobile number are needed to open the account. The account is opened after successful verification of the Aadhaar OTP.  These account are e-KYC accounts and are valid for 12 months by visiting the bank branch or meeting with a bank official with the required KYC documents. Few banks also provide with the facility to complete your KYC process through the Video KYC process.  
Basic Savings Bank Deposit (BSBDA)
Having a bank account is the sign of financial inclusion. However, in India, many people don’t have a bank account. So, Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched in 2014 to ensure financial services to everyone. Basic Savings Bank Deposit (BSBDA) is the bank account opened under PMJDY.  
People who have other bank accounts are not eligible to open BSBDA.
Individuals above 18 years with a valid photo id proof and address proof can open the account.  Accounts opened through valid KYC documents don’t have any restrictions.
BSBDA Small Account:
Individuals who don’t have a valid Photo ID proof and address proof as per the bank’s acceptable list of documents can open a BSBDA Small Account by submitting a self-attested photograph and signature/thumbprint.
Customers need to provide KYC documents within 12 months from the date of account opening to continue using the account. If unable to furnish documents within 12 months, customers need to provide evidence of application of the KYC documents. In this scenario, the account can be extended for another 12 months.
However, as the account is opened without any KYC documents, several restrictions are put in balance. The total balance in the account should not exceed Rs. 50,000 at any point of time. Also, the total credits in all the account should not exceed Rs. 1 lakh at any point of time and the total withdrawals and transfers in the account should not exceed Rs. 10,000 in a month.
Features of Zero Balance Accounts
Zero Balance Saving Account has different features. Here are some of the features.  
No minimum average balance: Many depositors may not be able to maintain an average balance. Zero balance savings account solves this problem. These zero balance accounts don’t have any minimum average balance requirement so you can utilize your money without thinking about maintaining the minimum average balance.
No initial deposit: In case of a regular savings account, banks charge an initial deposit amount that customers need to pay on account opening. However, zero balance accounts don’t have any initial deposit amount.
Earn Interest: Account holders receive interest on their zero balance accounts just like a regular savings account. The interest earned from the deposits is credited at the end of every quarter.  
Passbook: Customers receive passbook to check their account activity.  
Debit Card: Debit card is also available for zero balance account holders. Basic savings account holders get a free RuPay Debit Card that they can use to carry out transactions within India.
However, for online savings zero balance account customers, the issuance of debit card will depend on the bank.
Cheque book: Zero balance customers can avail cheque book facility. A cheque is considered as a valid proof of bank account for different uses such as investing in stocks and mutual funds among others.  
Internet Banking: Internet banking facility is another feature of the account. Through internet banking, customers can transfer money, pay bills, shop online instantly without spending any cash.
Other banking facilities: Customers who have completed the KYC process can avail different banking products such as Fixed Deposit (FD), Recurring Deposit (RD) that can help you save money for the future.    
Conclusion: Zero balance savings account is like a regular savings without any minimum average requirement. Basic Savings Bank Deposit Account can be an ideal financial tool for customers to enter the formal banking system and gain various financial assistance.
Individuals above 18 years of age with a PAN card and Aadhaar card can open an online zero balance account like Kotak 811 from the comforts of their home without any paperwork.
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aeps-api-provider-company · 3 years ago
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Can Aadhaar Enabled Payment System (AePS) Increase Economic Development in Rural India?
As the world evolves and progresses towards modernization, India is also taking steps to bring its economy up to date. For too long, our country has been seen as a developing nation. It is now time for India to work towards becoming a global leader. However, there is a long way to go before we can reach that point. The reality is that a vast majority of the country has not advanced in the same way that cities have developed. Since the growth was limited to very few places, the benefits could not be felt across the country.
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There are many people in our country who do not have access to even the basic necessities for a minimum standard of living. That is why, India needs to do better in terms of economic growth and development. However, stating it and achieving it are two very separate things. So, let us explore more about the current economic condition of India and what can be done to solve this complex issue that runs deep within our society. 
What is inclusive growth and how will it impact the economy?
Inclusive growth is a fairly recent concept that proposes equal job creation for everyone and reduces poverty. The government has realized that only growth is not enough. So, the government has made policies that provide equal opportunities for all. Thus, it aims to empower the people through education and skill development. The economy needs to kickstart at all regions in India, especially outside metropolitan cities.  
One of the biggest problems faced by the rural economy is the inability to access banks and banking infrastructure like ATMs. Rural India has long suffered from the lack of access to the formal financial system. Many people have faced the problem of walking long distances to reach the nearest bank branch or are unable to access their cash because ATMs ran dry. To alleviate such issues, the government has introduced the Aadhaar Enabled Payment System or AePS.  
 What is the Aadhaar Enabled Payment System (AePS)?
The Aadhaar Enabled Payment System or AePS enables the empowerment of the people of rural India. The AePS payment system allows individuals to use their Aadhaar card to accomplish banking services like accessing their funds. All the person needs is their Aadhaar card and their biometrics. So, if this facility is available in kirana stores, businesses and shops, customers can easily make transactions. This helps in easing the purchase of goods and services, thereby increasing the cash flow through digital means in the rural economy.
How can the Aadhaar Enabled Payment System (AePS) work in rural areas?
The government is focused on building the Indian economy through achieving sustainable growth levels throughout the country. To reach these ambitious goals, we need to leverage the power of technology to boost the rural economy. The AePS payment system is one such innovation that aims to make digital payments prevalent among the rural population. It involves an AePS API provider company in India to help integrate it into your business. Since it is not limited to any particular bank, everyone can use it to easily send and receive money.
How can digital literacy empower people and build the economy?
Although the AePS payment system is a revolutionary financial solution, there is a downside to this scheme. Digital literacy is a major problem among the rural population of India. Many people do not even have the ability to read and write properly. To solve the literacy problem, banks are employing banking correspondents (BCs) to help people complete the required steps to open and use their bank account properly.
As for digital literacy, the government launched the Digital India scheme in 2015 to digitally empower every citizen. Especially during the period after demonetization, there was a massive push for a digital economy. Over 40 crore bank accounts were made by the people in rural India under the Pradhan Mantri Jan Dhan Yojana programme. With digitization becoming a priority, NGOs and government agencies are doing more to spread awareness and teach people to be digitally and financially literate.
How will a digital economy boost India's development?
A digital economy has the potential to increase the growth of the economy. The digitization of the rural regions of India would lead to a more equitable distribution of work, employment, and consequently, to equitable development. A digital movement in regions untouched by technology would lead to the creation of new markets, jobs and business opportunities. It is only a matter of time before the rural economy develops with the help of investment and innovation.
With the help of a AePS API provider, you can ensure that your business is also on the path to success. An API provider company would install and integrate the Aadhaar Enabled Payment System into your business pipeline. With the right AePS API provider, you can boost your business in the right direction. RBP Finivis is a trustworthy AePS API provider company in India that works to empower the people of India through its innovative fintech solutions. Our AePS API will ensure that your customer can pay for services or goods immediately and effortlessly.
What can you do to make your company future-proof and successful?
The number of digital transactions being conducted in the rural regions of India has been increasing for the past few years. Contact an AePS API provider company who would add the AePS payment system onto your current business model. The key is to provide this additional digital payment facility for customers who have difficulty in finding access to physical cash. As a consequence, you would attract more customers to your business.
The path going forward is to enable people in rural India to carry out financial transactions using the mode of Aadhaar based verification. This payment system works securely because it is dependent on the Unique Identification Number (UID) or the Aadhaar number of the person. In addition, every transaction is authenticated by biometric verification. With a good API provider company, you can use technology to grow your business to great heights.
RBP Finivis is a reputed fintech company that has created products to ease the finance infrastructure gap that consumers on a daily basis. With years of experience, we aim to empower people to make the right financial choices with our seamless fintech solutions. At  RBP Finivis, we believe in the service of customers. As a API provider in India, we work hard to ensure that our clients have a smooth and peaceful transition into the era of digitization.
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addressindia · 2 years ago
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6 Amazing Tax Benefits of Home Loan
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For most people, owning a home is a dream come true. The Indian government has always favoured encouraging citizens to invest in real estate, which is why a home loan qualifies for a Section 80C tax deduction. And when you buy a house with a home loan, you get a slew of tax benefits that cut your tax bill significantly.
Many schemes, such as the Pradhan Mantri Jan Dhan Yojana, are shining a bright light on the Indian housing sector by attempting to address issues of affordability and accessibility. This blog will focus on all the tax benefits you get on a home loan.
Tax benefit on interest paid on housing loan
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A home loan is required for the purchase or construction of a home. If you pay an EMI for a home loan, it has two components:
Payment of interest
Principal repayment
Section 24 allows you to deduct the interest portion of your EMI payments for the year up to a maximum of INR 2 lakh from your total income.
The maximum deduction for interest paid on self-occupied house property is INR 2 lakh beginning with the fiscal year 2018–19.
There is no upper limit for claiming interest on rented property.
However, the total deduction that can be claimed under the heading ‘House Property’ is limited to INR 2 lakh. This deduction is available beginning with the year the house construction is completed.
Deduction on interest paid towards home loan during the pre-construction period
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Assume you purchased an under-construction property but have yet to move in. However, you are paying the EMIs. In this case, your eligibility to deduct interest on a home loan begins only after construction is completed or immediately if you purchase an entirely constructed property.
So, does this mean you won’t get any tax benefits on the interest you pay between the time you borrow the money and the time you finish building? No.
Let’s take a look as to what the case is.
The Income Tax Act allows for a deduction for such interest, known as pre-construction interest. Over and above the deduction you are otherwise eligible to claim from your house property income, a deduction in five equal installments beginning with the year the property is acquired or construction is completed is allowed. However, the maximum eligible amount remains at INR 2 Lakh.
For example, suppose you have a home loan for construction and pay INR 12,000 in interest each month. After two years of construction, the house was finished in 2019. As a result, you can claim the pre-construction interest of INR 2.88 Lakh only after the building is completed in five equal installments beginning in 2019. Section 24(b) limits the maximum interest deduction to INR 2 Lakh (including current year interest and pre-construction interest). However, if your home loan is eligible for Section 80EEA deduction, you can claim an additional INR 1.5 lakh deduction. Section 80EEA is covered in more detail later in this article.
Deduction on principal repayment
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Section 80C allows a deduction for the principal portion of the EMI paid for the year. The total amount that can be claimed is INR 1.5 Lakh.
However, to claim this deduction, the house must not be sold within five years of possession. Otherwise, the previous deduction will be added back to your income in the year of sale.
Deduction for stamp duty and registration charges
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In addition to the deduction for principal repayment, a deduction for stamp duty and registration charges can be claimed under Section 80C, but only up to INR 1.5 lakh.
However, it can only be claimed in the year the expenses are incurred.
Additional deduction under Section 80EE
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Home buyers are eligible for an additional deduction of up to INR 50,000 under Section 80EE. The following conditions must be met to claim this deduction:
The loan amount should be INR 35 lakh or less, and the property value should not exceed INR 50 lakh. The loan must have been approved between April 1, 2016, and March 31, 2017. And as of the loan approval date, the individual does not own any other homes, indicating that they are a first-time home buyer. Section 80EE was reintroduced, but it only applies to loans approved before March 31, 2017.
Additional deduction under Section 80EEA
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Budget 2019 has included an additional deduction under Section 80EEA for homebuyers of up to INR 1,50,000 to promote the housing sector.
The following conditions must be met to claim this deduction:
The property’s stamp value does not exceed INR 45 Lakh.
The loan must have been approved between April 1, 2019, and March 31, 2022. (extended from 31 March 2021)
The individual does not own any other house on the date of loan sanction, indicating that they are a first-time home buyer.
If the individual claims deduction under this section, they should not be eligible to claim deduction under Section 80EE. Deduction for a joint mortgage
If the loan is taken jointly, each loan holder can deduct home loan interest up to INR 2 lakh and principal repayment up to INR 1.5 lakh under Section 80C in their tax returns.
To be eligible for this deduction, they must also be co-owners of the property lent. As a result, taking out a loan with your family can help you claim a more significant tax benefit.
Conclusion
Investing in real estate offers the maximum tax benefits. To know more about home loans and other terms associated with them, feel free to reach out to the Address India. Our Home Loan Consulting team will help you with everything possible.
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alvydental · 2 years ago
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What is the PROGRESS AND LATEST UPDATES PMAY HFA URBAN 2022?
WHAT IS PMAY HFA? (PRADHAN MANTRI AWAS YOJANA) 
The Pradhan Mantri Awas Yojana – Urban (PMAY-U), a flagship program of the Government of India, was launched on June 25, 2015, by the Ministry of Housing and Urban Affairs (MoHUA). By 2022, when the country will be celebrating 75 years of independence, the Mission intends to alleviate the urban housing issue among the EWS/LIG and MIG categories, including slum dwellers, by ensuring a pucca dwelling for all qualifying urban households. The PMAY(U) program employs a demand-driven approach, with states/union territories deciding on housing shortages based on demand evaluations. 
The PMAY scheme offers an annual interest rate of 6.50 % and can be used for up to 20 years. The national government will collaborate with real estate developers to make affordable housing a reality for the people. Each house is self-contained, with toilets and electricity. Electricity is covered through the Subhagya Yojana. Households would be given LPG connections as part of the Ujjwala Yojana. Drinking water will be accessible thanks to Jan Dhan Yojana Banking perks. In various ways, the program has been linked to other benefit plans. 
WHAT IS PRADHAN MANTRI AWAS YOJANA SHAHRI? 
WHAT IS PMAY URBAN 
As its name suggests, the Pradhan Mantri Awas Yojana – Urban, or PMAY – U, focuses on the country's urban areas. Approximately 4,000 cities and towns are now involved in the scheme. PMAYU?aims to offer 'Housing for All' in urban areas. The PMAY Urban scheme, which was announced in 2015, would assist Central and local governments in implementing the scheme across India's states and union territories. For 1.) Economically Weaker Section (EWS) / Low Income Group, the government will grant a 6.5 % interest subsidy (LIG) 2) 4% for Middle Income Group (MIG - I) and 3.)3% for Middle Income Group (MIG - II) on housing loans taken out by eligible beneficiaries for a 20-year period under the Credit Linked Serviced Scheme (CLSS). 
The residences built under the PMAY-U scheme will be built using environmentally friendly technologies, and priority will be given to older or differently-abled people regarding ground floor allocation. The Pradhan Mantri Awas Yojana for (Urban) scheme, which aims to offer 'Housing for All' in urban areas, has so far sanctioned 1.05 crore houses to give affordable housing to the urban poor. 
By 2022, demand for slum housing is expected to surpass 18 million people. As a result, the plan calls for the construction of around 20 million affordable dwellings to meet the expected housing supply. 
LATEST UPDATE FOR PMAU HFA 2022 
1. February 15, 2022 
Approved construction of 60,000 houses in 5 states 
In Andhra Pradesh, Chhattisgarh, Himachal Pradesh, Karnataka, and Rajasthan, to assist people with housing who fall under certain verticals under PMAY HFA (urban), 
2. December 24, 2021 
Approved construction of 1.07 lakh houses in 5 states 
To provide housing to people in Andhra Pradesh, Madhya Pradesh, Maharashtra, Uttarakhand, and Puducherry who fall under various verticals under PMAY HFA (urban). 
3. July 8, 2020 
Affordable Rental Housing Complexes gets cabinet nod 
The PMAY affordable rental housing scheme was designed to offer migrants and the urban poor with affordable rental accommodation and will be classified as a sub-scheme. 
4. May 2020 
PMAY CLSS extended 
CLSS scheme has been extended until March 31, 2021. Approximately Rs 70,000 crores in investment are expected. 
5. February 14, 2020. 
45-day all-India online home-buying festival 
Buyers were able to browse offers and shortlist their properties for the first 15 days, and from March 1 through the end of the month, they will be able to begin making property purchases. 
6. January 14, 2020 
HousingForAll.com launched 
To make affordable projects that have been granted occupancy certificates available. 
7. Continuous 
PMAY-U app for beneficiaries 
Beneficiaries can follow their applications and share images of completed units. 
8. Ongoing 
Technology Sub-Mission (TSM) 
There are around 33 alternative technologies that have been found, with the Central Public Works Department (CPWD) issuing SoRs for 29 of them. Such technologies have been used to build 15 lakh units. 
9. November 25, 2019 
CLSS Awas Portal (CLAP) 
To bring all stakeholders together in a real-time setting. 
10. March 2019 
Global Housing Technology Challenge 
To find cost-effective, sustainable, environmentally friendly, and disaster-proof housing construction methods from throughout the world. A total of 72 future technologies have been recognized. 
11. Continuous 
Social audit of PMAY projects 
Attempts to determine the status of PMAY-U and its impact on beneficiaries and stakeholders. Direct beneficiaries, elected representatives in Parliament, state assemblies, and urban-local bodies, as well as representatives from local self-governing bodies, provide feedback. 
12. October 2, 2019- December 2019 
Angikaar Campaign 
A door-to-door campaign, as well as ward and city-level events, to promote and make Ujjwala available to PMAY-U beneficiaries for LPG connection, water conservation, tree planting, solar, and garbage management. 
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prashant9685 · 2 years ago
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Pradhan Mantri Jan Dhan Yojana is a plan sent off by the Government of India which offers fundamental monetary types of assistance to any individual who doesn't have a ledger. This year the PMJDY conspire has finished 6 years. The motivation behind this plan is to associate those individuals who are denied of banking administrations. Through this article, you will be aware exhaustively about jan dhan yogna in hindi.
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abongguy · 3 years ago
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Dec 3, 2021
The Payment Network Wars
Let’s say you go to a store and buy a packet of biscuits. You don’t have cash on you. So you decide to whip out your debit/credit card to pay for it. You swipe the card on a PoS machine and all of a sudden a magical dance begins. Your bank starts talking to the store owner’s bank in an attempt to move money. The store owner’s bank charges a small fee for being a willing participant and calls it the merchant discount rate. But it can’t keep everything to itself. It has to share a part of these spoils with another intermediary, that helps process this payment. That intermediary happens to be Visa or Mastercard. And since the store owner has benefited from a sale, they now have to pay the bank the merchant discount rate — usually tallying up to about 1–3% of the transaction. And this, in turn, helps payment networks like Visa and Mastercard thrive in a very uncertain world.
They get to keep a part of the spoils too remember?
But this duopoly now faces a real existential threat as countries continue to build their own payment network alternatives.
Take India for instance. In 2016, it built the Unified Payments Interface (UPI) to facilitate instant payments. Anyone could scan a Quick Response (QR) code and move money from one bank account to another instantaneously. And what’s even more impressive? It was free. Merchants loved it because they didn’t have to pay the extra charge. And in a high-growth market like India, Visa and Mastercard began losing a lot of money. Some estimates peg this at about Rs 6,000 crores.
And immediately the duo made their displeasure known. They made appeals to the government asking them to protect their interests. But officials didn’t seem to care too much.
“We are not in the process of protecting the revenue of private players,” said a senior Niti Aayog official. “The government will continue to provide alternate and cheaper options to end-users to enable them to board our digital payment drive.”
And the likes of Visa and Mastercard couldn’t do much because UPI isn’t another card. It’s a whole new thing. However, they do have a direct rival in India’s homegrown RuPay and that’s who they are targeting right now.
As of 2017, RuPay accounted for 15% of all credit and debit cards in the country. As of November 2020, however, 63% of India’s 952 million debit and credit cards had the RuPay stamp.
How did RuPay become so dominant, you ask?
Well, every time somebody opens a bank account under India’s financial inclusion scheme — the Pradhan Mantri Jan-Dhan Yojana (PMJDY), they get a RuPay card. In fact, nearly 50% of RuPay cards are linked to this program alone. And the other 50% are driven by a few subtle and not-so-subtle government nudges. For instance, when Prime Minister Narendra Modi plays the “nationalism” card — urging his fellow countrymen to adopt local cards and contribute to nation-building. Or when Finance Minister Nirmala Sitharaman directs banks to issue RuPay cards alone.
And Visa believes this is a perfect example of the government promoting one brand over the other. It’s not a level playing field anymore and they’ve made their displeasure known by filing an official complaint with the US. Even Mastercard filed a similar complaint in the U.S. back in 2018.
However, India is not alone in promoting its homegrown payment networks. Russia has Mir — set up in 2015 and it’s completely dominating Visa and Mastercard. Even the European Union is building out the European Payments Initiative (EPI) to ween off some of these dependencies.
So at this point, Visa’s tantrums should seem baseless, even juvenile, perhaps. After all, countries will want to promote homegrown alternatives when such alternatives are available. It’s only natural for Indian policymakers to nudge people to consider RuPay debit cards, no?
But Visa does have an ace up its sleeve. It knows that complaining isn’t entirely an exercise in futility.
India carries a trade surplus with the US. That means we ship more goods and services to the US than they ship back home. Now, by all accounts, this is a good thing for Indian businesses and entrepreneurs. They get ready access to a very important market in the US and they make a lot of money out of it. However, American politicians have routinely accused India of not reciprocating in kind. They’ve argued that we limit access to our market by imposing duties and tariffs — making it more difficult for American companies to do business in India. And if this complaint hits the right chords with US politicians, they could retaliate rather harshly, forcing India to reconsider its position.
So while the complaint may have very little merit to it, Visa knows that it can actually get the US to intervene on its behalf. And so, we will have to wait and see if the US does respond.
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barvetips · 4 years ago
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Pradhan Mantri JanDhan Yojana | प्रधानमंत्री जन धन योजना
Pradhan Mantri JanDhan Yojana | प्रधानमंत्री जन धन योजना
Pradhan Mantri JanDhan Yojana, प्रधानमंत्री जन धन योजना, Pradhan Mantri Jan Dhan Yojana list,  How To apply Pradhan Mantri Jan Dhan Yojana online application, Pradhan Mantra Jan Dhan Yojana form, what pradhan mantri jan dhan yojana, how to apply pradhan mantri jan dhan yojana. श्री नरेंद्र मोदी ने प्राचीन संस्कृत नारे का उल्लेख किया था: सुखस्य मूलम् धर्म, धर्मस्य मूलम् पृथ्वी, अर्थस्य मूलम् – जो…
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alvydental · 2 years ago
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What is Pradhan Mantri Awas Yojana ?
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What is Pradhan mantri awas yojana?  
The Pradhan Mantri Awas Yojana (PMAY) is an initiative of the Indian government to provide affordable housing to the urban poor by 2022.On June 1st, 2015, the strategy was initially disclosed. The PMAY programme has a 20-year maximum repayment period and a 6.50 percent yearly interest rate. The administration has presented it in this way. To guarantee that individuals have access to affordable housing, the federal government will work with developers of real estate. All of the homes were built with the intention of being completely self-contained, with power and toilets. The electricity will be paid for through the Subhagya Yojana. Under the Ujjwala Yojana, LPG connections would be made available to households. The benefits of the Jan Dhan Yojana Banking will include access to drinking water. The programme has been combined with other benefit programmes in a variety of ways.
The PM Awas Yojana scheme is divided into two subdivisions based on the areas on which they focus: 
Pradhan Mantri Awas Yojana (Gramin)/ PMAY-G 
Pradhan Mantri Awas Yojana (Urban)/ PMAY – U 
(READ MORE ABOUT PMAY IN DETAIL HERE) 
What is Pradhan Mantri Gramin Awas Yojana (PMAY Rural) Scheme? 
One of the main signature initiatives of the Ministry of Rural Development The Pradhan Mantri Gramin Awas Yojana (PMAY Rural) was launched during the 2009–2010 fiscal year. This initiative was started by Rajiv Gandhi, India's then-Prime Minister, and was formerly known as the Indira Awas Yojana (IAY). The program's major objective was to provide "Housing for All" by 2022. The PMAY rural scheme aims to promote scheduled caste villages in an integrated manner.
The Pradhan Mantri Awas Yojana Gramin (PMAY-G) programme of the central government seeks to address the housing crisis in rural India while simultaneously advancing the aim of Housing for All. People who are living in kutcha houses with little to no access to necessary amenities and who are unable to afford a home are eligible for PMAY Gramin units. Out of a target of 2.95 crore, 1.65 crore PMAY Gramin houses have already been constructed as of November 29, 2021. The Ministry of Rural Development's (MoRD) goal has already been exceeded by more than half.
RECENT UPDATES ABOUT PMAYG SCHEME: 
PMAY Gramin scheme has been extended till March 2024: 
In order to complete the task of building 2.95 crore homes, the Union Cabinet has extended the duration of the government's signature "Housing for All" programme, Pradhan Mantri Awas Yojana Gramin (PMAY Gramin), from March 2021 to March 2024. Under this continuance of the programme, the 155.75 lakh remaining homes would receive financial assistance to be transformed into pucca houses with the most basic amenities.
The remaining 155.75 lakh houses under the PMAY rural programme will cost a total of?2,17,257 crore to build, with a significant contribution of?1,25,106 crore and a state share of?73,475 crores, for a total of 2.95 crore homes in rural areas.
Features of PMAY Gramin: 
The following are the key features of the Pradhan Mantri Gramin Awas Yojana scheme: 
The PMAY Gramin residences are 25 square metres (269.098 sq ft).
The Central and State governments will split the cost of each unit in plain regions 60:40, providing?.1.20 lakh in aid for each unit.
In Himalayan states, states in the northeast, and the Union Territory (UT) of Jammu & Kashmir, the ratio is 90:10, with each unit receiving up to?.1.30 lakh in aid.
The centre is providing all financing for Union Territories, which includes the UT of Ladakh.
Beneficiaries of MGNREGS receive?.90.95 per day of unskilled labour.
Gram Sabhas use socioeconomic and caste census criteria to identify and confirm beneficiaries (SECC).
In collaboration with MGNREGS or other programmes, the Swachh Bharat Mission-Gramin (SBM-G) would provide up to?12,000 in toilet construction assistance.
Electronic payments are made to post office or bank accounts that are connected to Aadhaar.
The factors listed above ensure the following advantages: 
The homeless will be given inexpensive housing under PMAY G.
Senior citizens and persons with special needs will have space on the ground floor.
Utilizing sustainable and ecologically friendly items helps maintain a cleaner environment.
This programme includes rural mason training, ensuring employment opportunities.
Through this programme, low-interest loans are made available to rural residents.
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