The NDA government under the Prime Ministership of Narendra Modi has completed its two years. The government is celebrating “VikasParv” to spread awareness among different sections of the society viz farmers, labourers, women, unorganised sectors, poor, and the common people.
For the first time in the history of any nation in the world, total amount of Rs61,822 crores has been directly transferred to 31 crore beneficiaries by integrating Prime Minister’s Jan Dhan Yojana, Aadhar and MOBIlE (JAM). The direct benefit transfer of subsidy scheme is used in 59 schemes of government of India and total of Rs 36,500 crores was saved due to adoption of Direct Benefit Scheme (DBT) by using JAM.
Prime Minister Suraksha Bima Yojana has a cover of Rs2 lakh for accidental death risk, for a premium of just Rs12 per year and total 9.43 crore policies have been enrolled. Prime Minister Jeevan Jyoti Bima Yojana covers natural and accidental death risk of Rs 2 lakh for a premium of just Rs330 per year. Total 296 crores policies have been purchased in the last two years.
Atal Pension Yojana is a pension scheme for unorganized sectors with a provision of pension of Rs1,000 to Rs5,000. A total of 26 lakhs subscribers are enrolled in this scheme.
Prime Minister Jan Dhan Yojana has led to total 21.81 crores accounts have been opened and Rs37,771 crores have been deposited as on May 5. 61 per cent of the new accounts are in the rural areas and 52 per cent belongs to women. It proves that Modi government worked for poor and polices are focused to provide benefits who are neglected in last 60 years.
For the first time in India, more than 21 crore people have access to financial services and more than 12 crore people have social security cover.
India has large unorganised sectors of very small entrepreneurs. But they were never given credit/loan from banks. The government has given priority to fund the unfunded. For this Prime Minister Mudra Yojana (PMMY) was launched to get access to credit from the banks for small entrepreneurs. Under this scheme, Shishu loan (upto Rs50,000), Kishore (upto Rs5 lakhs) and Tarun (upto Rs10 lakhs) loans are granted. Considering the status of unorganised sector, Prime Minister Mudra Yojana provides loan without any collateral and a total of Rs1.33 lakh crore was granted to 3.26 crore beneficiaries.
Agriculture is the prime concern of this government and farmers are the first priority. So the name of Ministry of Agriculture has been renamed as Ministry of Agriculture and Farmers’ Welfare and allocation of budget to agriculture has been substantially increased by Rs35,985.00 crores.
For the first time, crop insurance scheme in the nature of Prime Minister Fasal Bima Yojana has been launched with the lowest premium rate having full security without capping of premium rates and no reduction in sum assured. It is based on one crop one grade (rabbi 1.5 per cent, kharif 2 per cent and horticulture crop 5 per cent). 20 per cent farmers have been covered under this insurance till now.
Prime Minister Krishi Sichai Yojana was launched for improving irrigation facility with a motive of “har khet ko pani”. Total of 1.81 lakh hectare land has been brought under this scheme. This government has ensured 100 per cent neem coated urea in the country and record production of urea has been achieved. Neem coated urea improves efficiency by 10 to 15 per cent. Soil health card has been issued to farmers with the advisory of the soil report for getting better crops. Total of 1.84 crore soil health cards have been distributed.
India is one of the few countries in the world which emphasised on the manufacturing and production of goods in India itself. The government has launched "Make in India" campaign so that India can become a manufacturing and production hub of the world. To ensure this, “Startup India” has been launched encouraging entrepreneurs with innovative ideas. “Standup India” was launched for the promotion of entrepreneurship among the SCs/STs and women by providing bank loans between Rs10 lakhs to Rs1 crore. Rs500 crores has been allocated for this.