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
- Powerhouse foods that boost brain power and memoryThe active compound of turmeric, curcumin, fights inflammation and boosts memory-related brain chemicals.
- ITR filing deadlines for different taxpayers for FY 2024-25Here's a breakdown of the updated deadlines and what each category of taxpayer needs to know.
- Bank of Baroda releases notification for 41 postsCandidates are advised to read the detailed notification before applying to ensure they fulfil all the criteria.
- Powerhouse foods that boost brain power and memory
What’s new at WeRIndia.com
News from 700+ sources
-
Saying I love you in public not sexual assault: Chhattisgarh HC acquits man of stalking, POCSO charges
-
Supreme Court to hear Justice Yashwant Varmas petition against in-house committee report on July 28
-
Govindachamy alleges drug, liquor trade inside Kannur Central Jail
-
Tamil Nadu Green Energy Corporation applies for intra-State electricity trading licence
-
Guarantee schemes improved peoples purchasing power, helped Karnataka topper capita income, says CM Siddaramaiah
-
Shipbuilding cluster at Dugarajapatnam to give fillip to A.P.s maritime sector
-
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