Government Schemes

Saksham Yuva Yojana: Eligibility, Documents & Forms

The government of Haryana has taken an initiative towards the educated unemployed youth. To support the youth, the government has launched a scheme known as Saksham Yuva Yojana. The scheme took place on 1st November 2016. The core objective of...

Pradhan Mantri Yuva Yojana (PMYY): Online Application & Registration Process

What is Pradhan Mantri Yuva Yojana? The Pradhan Mantri Yuva Yojana Scheme is the Ministry of Skill Development and Entrepreneurship's flagship program. Through entrepreneurship education, training, capacity building, mentorship, and handholding, PMYY aims to create jobs. Apprenticeships in certain trades...

eps vs nps

EPS vs NPS: Which is Better and Key Differences Explained

Employee Pension Scheme (EPS) is a mandatory savings scheme for employees whose basic salary plus Dearness Allowance (DA) is up to INR 15,000. The maximum EPS contribution by the employer is 8.3% of basic salary + DA. EPS offers a...

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...

senior citizen

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,...

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vpf vs nps

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...

Savings Scheme Articles

List of Government Schemes 2025: 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...