From its introduction in February 2025 to this new scheme, the government generally introduces new schemes from time to time to boost various sectors of the economy, as well as to raise the standard of living of its Indians. These schemes are such as those in agriculture, rural development, entrepreneurship, and social security. Below is the latest government schemes overview:
1. Prime Minister Dhan-Dhaanya Krishi Yojana
Besides introducing this scheme in the Union Budget 2025-26, it is said to be agriculture-oriented and directed at 100 non-productive and moderately crop-intense areas. The scheme is directed towards benefiting almost 1.7 crore farmers through bespoke initiatives and convergence of existing schemes. Among others, key objectives of this initiative would include enhancing agricultural productivity, sustainable farming practices, and better farmer income.
2. Rural Prosperity and Resilience Programme
As a joint initiative with the governments of the states, this integrated multisectoral program has been put in place as an investment, technology adoption, skill development, and revitalization program to address agricultural underemployment. The program will account for all the job opportunities created at the small and micro rural level, making it easier for people living in rural areas to refrain from temporary migration to urban towns for livelihood purposes.
3. Unified Pension Scheme (UPS)
Starting from April 1, 2025, the Unified Pension Scheme will be implemented for central government employees and will comprise elements of the Old Pension Scheme (OPS) and the National Pension System. Guaranteeing a minimum pension of ₹10,000 per month to employees as of the date their contribution rate is 10% of basic pay & DA every month. Financial stability while offering dignity to employees post-retirement is the main objective of this scheme.
4. Increased Exemption under the New Income Tax Regime
As a relief measure to middle-income taxpayers, an increase in the exemption slab from ₹7 lakh to ₹12 lakh under the new income tax regime will enhance disposable income while also taking tax burdens off a larger cross-section of taxpayers.
5. New Initiatives for First-Time Entrepreneurs
The Government intends going a step further from the much-celebrated Stand-Up India scheme and will be launching a new initiative directed to first-time entrepreneurs from the SC, ST, and women sectors of society up to five lakh in number. This scheme offers term loans of up to ₹2 crore during the next five years to help promote entrepreneurship and inclusive economic growth.
These plans symbolize the concern of the government in the upliftment of the economy and bringing vulnerable groups up and thriving in various areas of sustainable development. It’s an encouragement for the citizens to keep themselves informed about these initiatives and avail themselves of the benefits thereof.
