PM Modi’s new schemes for the public
Prime Minister Narendra Modi announced various new schemes on December 31 while addressing the nation on the eve of New Year.
The deadline to deposit the defunct currency was completed by December 30.
In continuation of the process of demonetization, PM spoke to the public on television on Saturday night.
In his speech, Prime Minister offered relief to poor and middle class people in addition to senior citizens, pregnant women, farmers and small businesses for supporting the government in fighting against black money.
PM applauded the support of the public for the past 50 days since the initiation of demonetization of higher currency notes in the country.
PM emphasized that the fight is against dishonest people and not on honest people. He assured that the government would ease the difficulties of common people.
Narendra Modi announced discount of 4 per cent and 3 per cent on housing loans of ₹9 lakh and ₹12 lakh under the Pradhan Mantri Awaas Yojana for poor and middle class people.
In order to support small and medium traders, PM assured to increase the credit guarantee scheme for loans up to ₹2 crore.
He anticipated the increase in the amount would help them to get more funds to expand their business and improve their potential.
PM Modi assured farmers that government would bear the interest for 60 days on their loans to help minimize their expenses.
Government would convert farmers’ credit cards to RuPay cards in the coming 3 months so that farmers can easily buy and sell what they need.
District cooperative banks and societies will be provided an extra ₹20,000 crore from NABARD.
Senior citizens will be provided with an interest of 8 per cent on deposits of ₹7.5 lakh for 10 years under the new scheme.
To reduce the mortality rate, PM announced ₹6,000 for pregnant women which will be transferred to their accounts in the select 650 districts for vaccination and pre-natal care.
Image credit: Arrival of Narendra Modi, Prime Minister of India image by G20 Argentina is licensed under CC BY 2.0
You may also like
Image Reference: https://www.flickr.com/photos/g20argentina/45378999534/
Recent Posts
- New COVID-19 subvariants fuel case surge across IndiaKerala reported the highest number of COVID infections at 1,400, while Delhi logged 436 new cases.
- India-Armenia arms pact shifts regional power balanceNew Delhi’s defence ties with Yerevan have gained urgency and strategic depth.
- India prepares for historic return to spaceIndia is set to make space history once again as Group Captain Subhanshu Shukla gears up for the AX-4 mission on June 8. He will become the second Indian in space and the first to visit the International Space Station.
- New COVID-19 subvariants fuel case surge across India
What’s new at WeRIndia.com
News from 700+ sources
-
Infosys CEO among highest paid in Indian IT as compensation rose 22% to $9.4 million last fiscal
-
Central team led by Union Home Secretary Govind Mohan visits Manipur relief camps
-
Visit to India Was Trip of a lifetime: US Second Lady Usha Vance
-
Canada Question Period: Carney’s cabinet faces heated debate over ‘elbows up’ US tariff policy
-
Assam, Meghalaya CMs join hands to tackle Guwahati urban flooding
-
List of direct flights from Hyderabad airport to international cities may expand
-
WeRIndia – A News Aggregator
Visit werindia.com for all types of National | Business | World | Politics | Entertainment | Health related news and much more..
Leave a Reply