Appraisal of recently launched schemes

by Indian Government
Group 9
Devank B Pandya
Srishti Manocha
Dhruv Adlakha
Sourav Jain
Lakshay Budhiraja
Shubham Jain

Pradhan Mantri Jan Dhan Yojna

Mera Khata Bhagya Vidhata
Worlds largest financial inclusion scheme

Financial inclusiveness and banking access

Insurance Cover and Conviction of security
Saving the poor from the money lenders
Eliminating middle men for transfers like
subsidies
Overdraft facility puts pressure on the
banking sector
Dormant account a persistent issue
Cybercrimes is an issue for the illiterate
section of the society
Duplicity of accounts

Make in India
Get the manufacturing sector to grow at
10% on a sustainable basis over a long run

Develop job opportunities

Expansion of GDP
Development of rural areas
Increase in brand value
Foreign flow of capital
Manufacturing based economy and threat of
negligence of agriculture which needs
immediate attention
Loss for small entrepreneurs
Depletion of natural resources and threat of
environmental degradation

Pradhan Mantri Bima Fasal Yojna

Minimum premium, maximum insurance for
farmer welfare

Lowest premium of all the crop insurance

schemes till date
Post harvest coverage
Covers localized risks such as hailstorms,
landslide, inundations
Encourage farmers to adopt innovative and
modern agricultural practices
Increased financial burden on the
government and budget allocations needs
to be made
Doesnt cover loss caused by wild animals
Reach of technology very limited in rural
areas

Gold Monetisation Scheme

Earn, while you secure
Mobilize the gold held by households and institutions
in the country
Dead gold lying with families will now earn
interest with no issues of safety
Will reduce import of gold
Foreign exchange reserves and value of
rupee could be kept in check
Exemption on various taxes for the interest
earned from the scheme
Tax on conversion of Physical gold into gold
deposits with a flat tax of 20% on the
capital gain
Very low rate of interest
Jewelleries cannot be deposited which
contains the major chunk of Indias gold
reserves
People expect appreciation of gold value

Pradhan Mantri Suraksha Bima

Yojna
Minimum basic accidental insurance cover at
a minimal cost
Scheme is very flexible
Easy to apply for and continue
Very low cost, will bring in the rural
economy
Simple claim settlement process
Highly reliable

The amount is just Rs 2Lac which may not

be sufficient
Existing accidental insurance are more
competitive

NITI Ayog
Advisory body providing critical directional
and strategic inputs across key elements
of policy to both centre and state
More efficient and transparent
Aligned with the image of India as a free
market based economy
Much more flexible than the Planning
commission with mid term goals of 7 years
and a 15 year vision

Expectation of people from a new institution

may become a hindrance
More members as compared to Planning
commission, may lead to conflicts
Overlap in the roles of NDC, Governing
Council and Inter-state council leading to
policy conflict

THANK YOU