Sukanya Samriddhi Account Yojana:Beti Bachao Beti Padhao’ campaign.
Save for every girl child in India. Reinforcing this idea Prime Minister Narendra Modi launched ‘Sukanya Samriddhi Account Scheme’ , a small savings scheme part of the’Beti Bachao Beti Padhao’ campaign.
The Sukanya Samriddhi Account Yojana, also known girl child prosperity scheme is launched by Prime Ministe Narendra Modi. Sukanya Samriddhi account is to ensure a bright future for girl children in India. This yojana is to facilitate them proper education and carefree marriage expenses. The scheme has well been accepted by the masses in wake of the financial security and independence it would provide to the girl child as well as their parents and guardians.
One of the key benefits of the scheme is that it is quite affordable and offers one of the highest rates of interest.
Key Pointers of Sukanya Samriddhi Account Yojana:
✹Till a girl attains an age of 10 years, the Sukanya Samriddhi account yojana can be opened under her name.
✹Only one account under this scheme is permissible for every girl child.
✹Walk into any post office or authorized banks to open the account.
✹To open an account under SSAY, Birth Certificate of the girl child would be required to submit.
✹Opening amount for the account is Rs 1,000. Thereafter a multiple of Rs 100 can be deposited to the account with a minimum of Rs 1000 per year.
✹The maximum limit for deposits in the account is 1,50,000 per year.
✹The maturity duration of the account is 21 years.
✹Sukanya Samriddhi Account is transferable to any where in India from a post office or bank to others.
Pradhan Mantri Jeevan yoti Bima Yojana (PMJJBY):
Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed Life Insurance scheme in India. It was origina mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata.
Pradhan Mantri Jeevan Jyoti Bima Yojana is available to people between 18 and 50 years of age with bank accounts.
It has an annual premium of Rs 330 excluding service tax, Which is above 14% of the premium. The amount will be
automatically debited from the account. In case of death due to any case, the payment to the nominee will be Rs.200, 000/-
This scheme will be linked to the bank accounts opened under the Pradhan Mantri Jan Dhan Yojana Scheme of these account had zero balance initially. The government aims to reduce the number of such zero balance accounts by using this and related schemes.
Sagarmala Initiative towards greater Blue Revolution :
Latest Initiatives by The Government of India : Sagarmala Initiative towards greater Blue Revolution.
The Union Cabinet, chaired by Prime Minister Narendra Modi, gave the final nod to proceed with the Sagarmala
Project and prepare the concept and institutional framework in March 2015 taking EX-PM Atal Bihari Vajpayee’s dream project forward. Mr. Modi has identified Sagarmala as a crucial infrastructure initiative whose development has the potential to boost India’s GDP by 2%.
The prime objective of the Sagarmala project is to promote port-led direct and indirect development and to provide infrastructure to transport goods to and from ports quickly, efficiently and cost-effectively.
The Sagarmala project stands on three pillars of focus:
✹Supporting port-led development with pro-active poliey initiatives and providing institutional frame-work to assist all stakeholders.
✹Modernising port infrastructure.
✹Developing integrated transport infrastructure for connecting the coast to the hinterland.
Under the project, 12 smart cities will be developed near ports with an investment of Rs 50,000 crore. These will be integrated townships that will have affordable housing and implement green initiatives for sustainable living. The government has identified 1,208 islands for development along with 189 light houses. This is likely to boost both domestic and international tourism significantly.
Giving boost to economic activity near coastal locations, Coastal Economic Zones (CEZs) will be established. These CEZs will be planned with modern support infrastructure and adequate fiscal incentives to attract investment. Kandla Port in Gujarat, for instance, has around two lakh acres of land in its possession and has been identified as a potential CEZ.