Impact of India's Eight Flagship Schemes: PM Narendra Modi's initiatives

Prime Minister Narendra Modi introduced the centerpiece program, Pradhan Mantri Jan Dhan Yojana (PMJDY), during his Independence Day speech from the Red Fort's ramparts in 2014. The primary objective of the system was to ensure access to financial products and services at an affordable price. Flagship schemes of the Government of India are such schemes that are declared so by the Union Cabinet or the Development Assessment Advisory Committee (DEAC) of the Planning Commission. The list of flagship programs may be amended by DEAC or the Government from time to time. This Project contains 8 flagship schemes. Below we will discuss. 1. The Swachh Bharat Abhiyan The Swachh Bharat Abhiyan, launched by Prime Minister Narendra Modi in 2014, aims to eradicate open defecation throughout India. As part of the mission, the government has built toilets in more than 11.5 million households. In the Union Budget 2022-2023, the Center has earmarked Rs 7,192 crore for the Swachh Bharat Mission (Rural), while Rs 1,41,678 crore will be spent in 2021-2026 for the

Swachh Bharat Mission (Urban). The second phase of the Swachh Bharat Mission was launched by PM Modi in October last year with the aim of making all cities 'garbage free', allowing all urban local bodies to open defecation free and those with less than 1 lakh as open defecation free 2. Jan Dhan Yojana During his Independence Day speech from the Red Fort's ramparts in 2014, Prime Minister Narendra Modi unveiled his signature program, the

Pradhan Mantri Jan Dhan Yojana (PMJDY). The primary objective of the system was to ensure access to financial products and services at an affordable price. Benefits include scholarships, grants, pensions, and funds for COVID relief are credited to bank accounts, including Jan Dhan accounts, through Direct Benefit Transfer (DBT). 3. Insurance and Pension Scheme In an effort to expand the insurance penetration level in the country and make insurance coverage available to the common people, especially the poor and underprivileged sections of society, the government launched the

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) in 2015. While PMSBY offers accidental death or total permanent disability cover of Rs 2 lakh and permanent partial disability cover of Rs 1 lakh, PMJJBY offers life insurance coverage of Rs 2 lakh. 4. Mudra Yojana The flagship scheme, the Pradhan Mantri Mudra Yojana (PMMY), provides loans of up to Rs 10 lakh to small entrepreneurs. Loans are provided by banks, small finance banks, non-banking finance companies (NBFCs), and microfinance institutions. The program's goal is to develop the forward and backward connections for strong value chains that are supported by associations, aggregators, industries, and franchisors.

5. Pradhan Mantri Awas Yojana Launched by Prime Minister Narendra Modi in June 2015, the Pradhan Mantri Awas Yojana (PMAY) aims to provide "housing for all by 2022". In Budget 2022, Finance Minister Nirmala Sitharaman announced an allocation of Rs 48,000 crore to complete 80 million houses under the flagship scheme, both rural and urban, during the next fiscal year. 6. Ujjwala Yojana Pradhan Mantri Ujjwala Yojana, a scheme that provides free LPG connections, was launched in 2016. Under the scheme, millions of households have access to gas cylinders for cooking without consumers having to pay an advance to fuel dealers. The success of the program is that it has enabled 80 million Indian women to lead healthy lives as they no longer have to use smoky challah or stove. 7. Ayushman Bharat In September 2018, PM Modi launched a healthcare scheme called

Pradhan Mantri Jan Arogya Yojana (PM-JAY) Ayushman Bharat. Recognized as the largest government-sponsored health program in the world, it aims to provide health coverage of Rs 5 crore per family annually to over 10.74 million poor and vulnerable families. PM-JAY beneficiaries are among the poorest 40 percent of India's population. 8. Kisan Samman Nidhi The government's scheme for farmers, Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), was announced in the Union Budget in February 2019. It provides a financial benefit of Rs 6,000 per