A government scheme is a plan, program, or initiative launched by the government to achieve a specific goal for the public’s benefit. These schemes are usually designed to: Support economic growth Improve social welfare Provide financial assistance to individuals, businesses, or industries Promote employment generation Strengthen infrastructure, education, healthcare, agriculture, manufacturing, and more Run by Government: Initiated and funded by the central government, state governments, or both. Specific Purpose: Every scheme targets a specific sector or group — e.g., farmers, students, MSMEs, startups, women, elderly, etc. Funding Support: Can be in the form of subsidies, grants, incentives, collateral-free loans, tax benefits, or training. Eligibility Rules: Each scheme has certain criteria for who can apply and benefit. Implementation Agencies: Often executed through government departments, public sector banks, or special bodies like KVIC, SIDBI, NABARD, etc. Types of Government SWelfare Schemes: For health, education, social security (e.g., Ayushman Bharat, PM Kisan). Economic Development Schemes: For industry, trade, and investment growth (e.g., PLI Scheme, Make in India). Employment & Skill Development Schemes: To create jobs and improve skills (e.g., PMEGP, Skill India Mission). Financial Inclusion Schemes: For easy access to banking and loans (e.g., CGTMSE, Mudra Loan).
