Friday, February 1, 2019

Top Government Schemes Announced in Union Budget 2019-20

Government Schemes Announced  in Union Budget 2019-20. Today Finance Minster Piyush Goyal Announced Several Government Schemes for Agriculture, Pension, Insurance. Govt announces Pradhan Mantri Kisan Samman Nidhi scheme for farmers and Govt also  announces Pradhan Mantri Shram Yogi Maandhan Yojana to Provide Pension to Unorganized Section Labour.

I. Union Budget 2019-20 : Govt approves PM Kisaan Samman Nidhi

PM Kisaan Samman Nidhi : Important Points

PM Kisaan Samman Nidhi to support farmers in procuring basic farm inputs like seeds and fertiliser, to benefit seed and fertiliser companies.

This will cost the govt around Rs 75,000 crore.

The Kisan yojana will be effective December 1, 2018, and the money will be directly transferred into their account.

12.5 crore farmers to be covered under direct income support - PM Kissan. Annual cash benefit of Rs 6000 (to be paid in three tranches) per head. The total outlay is only 0.4% of GDP.

Rs 20,000 crore to be spent on PM Kisan Scheme in FY19

Pradhan Mantri Kisaan Samman Nidhi Yojna

II. Govt announces Pradhan Mantri Shram Yogi Maandhan Yojana

  • Govt announced Pradhan Mantri Shram Yogi Maandhan Yojana for organised sector worker with income up to Rs 15,000 per month. Beneficiaries will get Rs 3,000 pension after the retirement.
  • Govt announces Rs 500 crore pension plan

Page will be Updated for More Schemes Soon ..

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