Notes and Study material for Exams
Schemes and Policies for Financial Inclusion: Bridging the Gap and Empowering Communities Financial inclusion, the ability of individuals and businesses to access and utilize a range of financial services, is a cornerstone of sustainable development. It empowers individuals, fosters economic growth, and strengthens social stability. However, billions of people worldwide remain excluded from the formal … Read more
Empowering Urban Lives: A Deep Dive into the National Urban Livelihood Mission (NULM) The urban landscape of India is a vibrant tapestry woven with diverse threads of aspirations, challenges, and opportunities. Within this dynamic environment, a significant segment of the population struggles to secure a dignified livelihood. Recognizing this pressing need, the Government of India … Read more
Deendayal Antyodaya Yojana (DAY-NULM): Empowering India’s Urban Poor The urban landscape of India is a tapestry woven with threads of prosperity and poverty. While towering skyscrapers and bustling commercial hubs symbolize progress, the shadows of deprivation linger in the form of slums and informal settlements. Recognizing the urgent need to address the plight of urban … Read more
Women DEVELOPMENT PROGRAMS Beti Bachao Beti Padhao (BBBP) Beti Bachao Beti Padhao (BBBP) was launched by the Prime Minister on 22nd January, 2015 at Panipat, Haryana. BBBP addresses the declining Child Sex Ratio (CSR) and related issues of Health and Nutrition”. Accordingly, a new sub-scheme namely Mahila Shakti Kendra (MSK) under the Umbrella Scheme Pradhan … Read more
Pradhan Mantri Jan Dhan Yojana (PMJDY): Financial Inclusion for All Introduction The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in August 2014, is a flagship financial inclusion program of the Indian government. Its primary objective is to provide universal access to financial services, including bank accounts, credit, insurance, and pensions, to all citizens, particularly the … Read more
PM Mudra Yojana: Fueling India’s Entrepreneurial Spirit Introduction India, with its burgeoning population and a rapidly growing economy, presents a fertile ground for entrepreneurship. However, access to finance has historically been a significant barrier for aspiring small and medium enterprises (SMEs). Recognizing this challenge, the Indian government launched the Pradhan Mantri Mudra Yojana (PMMY) in … Read more
Schemes for Poverty Alleviation: A Global Perspective Poverty, a multifaceted and complex issue, has plagued societies for centuries. It encompasses a lack of basic necessities like food, shelter, and healthcare, and extends to limited access to education, employment opportunities, and social security. While poverty is a global concern, its manifestations and causes vary significantly across … Read more
The Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTMSE): A Lifeline for India’s Entrepreneurial Spirit Introduction: India’s micro, small, and medium enterprises (MSMEs) are the backbone of the country’s economy, contributing significantly to employment generation, GDP growth, and overall economic development. However, these enterprises often face challenges in accessing credit due to factors … Read more
SIDBI: A Catalyst for Small and Medium Enterprises in India Introduction The Small Industries Development Bank of India (SIDBI) plays a pivotal role in the Indian economy, acting as a catalyst for the growth and development of the Small and Medium Enterprise (SME) sector. Established in 1990, SIDBI is a development financial institution (DFI) mandated … Read more
Inclusive Growth: A Path Towards Shared Prosperity The concept of “growth” has long been a cornerstone of economic policy, often measured by metrics like GDP growth. However, in recent years, a growing awareness has emerged that simply focusing on aggregate economic expansion is insufficient. The need for inclusive growth, a model that prioritizes equitable distribution … Read more