Skill India: Mission, Benefits & Meaning
What is Skill India? Mr. Narendra Modi, Prime Minister of India, launched the Skill India Mission in 2015, as part of his aim to help India become "Atmanirbhar" (self-reliant). The goal of this project was to establish and implement comprehensive...
Disadvantages of Senior Citizen Savings Scheme in India
The Senior Citizen Savings Scheme (SCSS) was introduced by the Government of India in 2004 with the objective of providing financial security to senior citizens. While the Senior Citizen Savings Scheme offers a high rate of interest and tax benefits,...
NPS vs VPF: Difference Between VPF and NPS
A Voluntary Provident Fund (VPF) is a regular provident fund plan in which a depositor can choose how much he wants to contribute to the fund on a regular basis. VPF has a five year lock-in period. The National Pension...
List of Government Schemes 2024: Latest Updates
The Government of India, at all levels, announces welfare schemes for a diverse group of people on a regular basis. These schemes could be central, state-specific, or a cooperative effort between the central government and the state governments. The intent...
Digital India Scheme: Launch Date, Vision, and Key Initiatives
What is the Digital India Scheme? The Digital India scheme is the government of India's flagship initiative, with the goal of transforming India into a digitally enabled society and knowledge economy. On July 3, 2015, the Digital India program (1.13...
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What is Samagra Shiksha Abhiyan? Understanding Its Role and Objectives
What is Samagra Shiksha Scheme? The Union Budget, 2018-19, has proposed to treat school education holistically without segmentation from pre-nursery to Class 12. As a result, Samagra Shiksha - an encompassing program for the school education sector spanning pre-school to...
Top Girls Government Schemes in India: Schemes for Girl Child
The Central Government Schemes for girl child have been launched across India with the goal of improving the social attitude toward female children in India. These schemes also aim at elevating their status in society. Several central government initiatives, saving...
ESI Calculation Formula, Percentage, and Contribution Rate Explained
ESI is self-contributing social security and health insurance scheme. The full form of ESI is Employee State Insurance. The scheme offers financial assistance to an employee during sickness, maternity and employment injury. Furthermore, it also covers for medical expenses of...