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Welfare schemes: Many welfare schemes are being run by the Government of India for the general public living in India. It is the responsibility of the government to easily reach these welfare schemes to the general public. For the families and people of the middle and poor classes, these welfare schemes prove to be very important schemes according to economic progress and financial viability.

Similarly, we are sharing information about 5 government schemes with you in this article. For detailed information about the schemes, read this article till the end –


What do you mean by financial scheme?

Financial schemes are those schemes that are run to provide financial assistance to a needy and eligible person. Funds are made available through these schemes, which serve as grants and discounts and future savings in less investment.  For example, PM Kisan Samman Nidhi Yojana, through which all the farmer families of India are being run for financial assistance of Rs 6000 annually. The main goal of these schemes is to bring financial inclusion as well as economic stability.

Top 5 Welfare Schemes in India

  1. Pradhan Mantri Awas Scheme
  2. Ayushman Bharat Scheme
  3. Pradhan Mantri Ujjwala Yojana
  4. Pradhan Mantri Jan Dhan Yojana
  5. Pradhan Mantri Kisan Samman Nidhi Yojana

1. Pradhan Mantri Awas Yojana:

Scheme Overview: Pradhan Mantri Awas Yojana aims to provide pucca houses to all poor families with kutcha houses by the year 2022 (now this target is 2024). It is being run on different levels as Rural Housing Scheme and Urban Housing Scheme. There is a scheme called PMAY G for rural areas and PMAY-U for urban areas.

2. Ayushman Bharat Scheme:

Scheme Overview: Ayushman Bharat Yojana is a health scheme for economically weaker people. Under this scheme, all members of the eligible family get health insurance of 5 lakh vaccines. In this, the treatment or operation of any serious disease can be done free of cost in the registered hospital under this scheme.

3. Pradhan Mantri Ujjwala Yojana:

Scheme Overview PMUY : Under the Pradhan Mantri Ujjwala Yojana, a woman from a poor family whose name is in the BPL ration card has been given a domestic LPG connection withn1 gas cylinder free under this scheme. So far, 9 crore families have been provided LPG gas connections under this scheme.

May 1 is celebrated as Ujjwala Diwas.

Eligibility Criteria –

    1. Adult woman belonging to any of the following categories.
      • SC Households
      • ST Households
      • Pradhan Mantri Awas Yojana (Gramin)
      • Most Backward Classes
      • Antyodaya Anna Yojana (AAY)
      • Tea and Ex- Tea Garden tribes
      • Forest Dwellers
      • People residing in Islands and River Islands
      • SECC Households (AHL TIN)
      • Poor Household as per 14-point declaration
    2. Applicant must have attained 18 years of age.
    3. There should not be any other LPG connections in the same household.
  • Official Website – PMUY

4. Pradhan Mantri Jan Dhan Yojana

Top 5 Welfare schemes in India

PMJDY Scheme OverviewThe need for bank accounts was felt on a large scale for financial inclusion in the country, many people did not have access to the bank. After the implementation of PMJDY, zero balance bank accounts were opened for the poor and underprivileged people of the country.

The government’s welfare schemes was in operation in which there was widespread corruption and scams. Now the money of the government’s welfare schemes can be easily reached to the general public with the help of these bank accounts.

  • So far 48.76 crore beneficiaries
  • ₹ 200,310.21 crore in bank accounts of  Deposits in beneficiary accounts
  • 6.55 lakh bank friends Providing branchless banking services in the country

5. Pradhan Mantri Kisan Samman Nidhi Yojana

PM kisan samman nidhi yojana is a central government scheme. Modi government started this scheme in 2018 and it has become operational from 01.12.2018. PM Kisan scheme is central government scheme to provide financial support to the poor and small farmer of the country. Farmers needs to various agricultural inputs like seeds, pactisides, and fertilizers for agricultural activities. It support to the marginal and small farmers when it launched on 24th Feb 2019 but after 01.06.2019 these scheme extended to all farmers families irrespective of the size of their land holdings.

pm kisan kyc : Pradhan Mantri Kisan Samman Nidhi Scheme
pm kisan kyc : Pradhan Mantri Kisan Samman Nidhi Scheme

PM Kisan Yojana

  • The installment of ₹ 2000 will be directly transferred to the bank accounts of the beneficiaries.
  • It is a central sector scheme with 100% funding from central government of india.
  • It becomes operational from December 01, 2018.
  • According to PM Kisan scheme a financial support of ₹ 6000 per year in 3 installment of ₹ 2000.
  • It will be provided to all land holding farmers in india.
  • Installments transferred to the bank accounts of the farmers through DBT.
  • All institutional land holders excluded from this scheme.

These welfare schemes have proved to be very important for small and middle class farmers.