Good news on the economy.
Prime Minister Narendra Modi’s government has been focusing on technology ever since it came to power. Where the government promoted Digital India. At the same time, work has also been done to link government schemes and subsidies to Aadhaar and promote digital payments through UPI and mobile devices. One of them is sending subsidy money to people’s bank accounts. The general public has benefited immensely from this.
In so many years of independence, governments of different parties have been in power. Meanwhile, each Prime Minister has a major contribution to the rise of the country’s economy. Many of these schemes were launched under the leadership of Prime Minister Modi and have directly benefited the general public. Let us take a look at those schemes.
UPI brought the revolution
The UPI payment system has become so popular in India that everyone from vegetable sellers to street vendors are using it. France, UAE and Singapore have partnered with India for this system. Recently, Prime Minister Narendra Modi, who was on a tour of France, made a big announcement. He said that India and France have joined hands for the use of the UPI payment system.
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Farmers benefit directly from this scheme.
The PM Kisan Samman Nidhi Yojana is the central government’s flagship scheme, under which funds are deposited in the accounts of farmers. As per the current norm, each farmer gets Rs 6,000 per year, and a payment of Rs 2,000 is given every four months. So far, the government has released money 17 times. You can get information about whether money has entered your account or not by logging on to the official website of PM Kisan, pmkisan.gov.in. If you have not been able to avail the benefits of this scheme yet, you will need to register for this scheme.
Self-employment is getting a boost
Pradhan Mantri Mudra Yojana (PMMY) is one of the flagship schemes of the Central Government set up to promote employment. Under PMMY, institutional loans up to Rs 10 lakh are provided by member lending institutions (MLIs) i.e. scheduled commercial banks (SCBs), regional rural banks (RRBs), non-banking financial companies (NBFCs) and microfinance institutions (MFIs). It is done. So far, this scheme of PM Modi has provided employment to thousands of people.
