Govt scheme assistance

  1. Pradhan Mantri Jan Dhan Yojana (PMJDY): This financial inclusion program aims to provide access to banking services for all individuals. It offers various benefits such as zero-balance accounts, debit cards, and insurance coverage, with an emphasis on reaching the economically disadvantaged sections of society.
  2. Pradhan Mantri Mudra Yojana (PMMY): This scheme aims to support small and micro-enterprises by providing loans for their business activities. It offers loans categorized into three stages, namely Shishu, Kishor, and Tarun, based on the funding requirements of the business.
  3. Stand-Up India Scheme: This initiative promotes entrepreneurship among women and individuals from marginalized communities by offering bank loans for starting or expanding a greenfield enterprise in the manufacturing, services, or trading sectors.
  4. Atal Innovation Mission (AIM): AIM is a government initiative that fosters innovation and entrepreneurship among students, researchers, and startups. It provides various support mechanisms, including grants, incubation support, mentorship, and access to labs and facilities.
  5. Pradhan Mantri Fasal Bima Yojana (PMFBY): This crop insurance scheme provides financial protection to farmers against crop losses due to natural calamities, pests, or diseases. It aims to ensure the financial stability of farmers and mitigate the risks associated with agricultural activities.
  6. Goods and Services Tax (GST) Composition Scheme: The GST Composition Scheme is available for small businesses with a turnover below a specified threshold. It offers a simplified tax compliance process and lower tax rates, reducing the burden of compliance for small-scale businesses.
  7. Pradhan Mantri Employment Generation Programme (PMEGP): This scheme aims to generate employment opportunities in rural and urban areas by providing financial assistance for setting up micro-enterprises. It offers loans for starting or expanding small businesses along with subsidies on the project cost.