Friday 1 February 2019

How Modi's Schemes are Performing?

1) Jan Dhan Yojana -  Launched in 2014, aimed to ensure that all Indians get bank accounts. This has been attempted for many years in the past but the outcome was not as desired. Modi Government implemented it in a better way. 
Still, the scheme has meant that 80 percent of Indians now have bank accounts. According to the most recent status report on the Jan Dhan website, accounts opened under this scheme now hold Rs 87,551 crore in deposits. Arun Jaitley, in response to a question in Lok Sabha last month, disclosed that about 23 percent of these accounts are inoperative. That’s not a large proportion and with direct benefit transfers being pushed actively, account usage will improve.


2) Make in IndiaLaunched in September 2014, the ‘Make in India’ initiative was one of Modi’s first big initiatives. But it failed to take off. 

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3) Pradhanmantri Aawas Yojana - Modi’s ‘Housing For All’ scheme was aimed at providing low-cost houses to rural and urban poor, focused on rural areas and was launched on Nov. 20, 2016. The aim: deliver one crore pucca houses to the rural poor by March 31, 201,9 in its first phase. 
Statistically, this scheme never achieved its no.s however the completion ratio was always around 75%

4) Mudra YojanaThe another key scheme in improving the spread of banking is the attempt to push more credit through to small businesses under the Mudra Yojana. The three-year-old scheme provides refinance for loans up to Rs 10 lakh given out by banks and non-bank lenders.
The scheme is too good, however, the objective achievement is a long way to go.

5)  Pradhan Mantri Jan Arogya Yojana - Provides insurance cover of Rs 5 lakh each to 10.74 crore poor families. The Ayushman Bharat scheme, as it’s also known, was launched in September last year with an estimated budget of Rs 2,000 crore. The scheme is run by the independent government body National Health Authority formed under the Ministry of Health.

6) UDAY, or Ujwal DISCOM Assurance Yojana -  Was introduced in 2015 to improve the financial and operational efficiencies of state electricity distribution companies. The scheme will miss its target due to underperforming electricity distribution companies.