STATE GOVT SCHEMES:
The Telangana Government has recently embarked on a magnanimous journey to solve the issues and problems faced by the Dalits in the State with the introduction of ‘Dalit Bandhu Scheme’. The scheme provides an one-time grant of Rs. 10,00,000/- to the beneficiaries thereby instilling a sense of financial security and hope for a better future. The Telangana Government will handhold the beneficiaries for judiciously utilising the financial assistance.
To enhance agriculture productivity and income to the farmers besides breaking the vicious cycle of rural indebtedness Agriculture Investment Support Scheme, popularly known as Rythu Bandhu is introduced from the year 2018-19 Kharif season to take care of initial investment needs of every farmer. Investment Support for Agriculture and Horticulture crops is being provided by way of grant of Rs. 5,000 per acre per season for purchase of inputs like Seeds, Fertilizers, Pesticides, Labour and other investments twice a year, for Rabi (Yasangi) and Kharif (Rainy) seasons. This is a first direct farmer investment support scheme in India, where the cash is paid directly.
The main objective of the Farmers Group Life Insurance Scheme (Rythu Bima), is to provide financial relief and social security to the family members/ dependents, in case of loss of farmer’s life due to any reason. In the event of the loss of the farmer life, their families are facing severe financial problems even for their day-to-day needs. The farmers Group Life Insurance Scheme ensures financial security and relief to the bereaved members of the farmer’s family. Farmers in the age group of 18 to 59 years are eligible for enroll under the scheme. In the event of the death of the enrolled farmer due to any cause including natural death, the insured amount of Rs. 5.00 Lakhs is deposited into the designated nominee account within (10) days.
The state government has launched KCR Kit Scheme for pregnant women. Pregnant women can utilize this scheme for maximum 2 deliveries. Women who give birth at a government hospital can utilize this scheme. The main aim of this scheme is to provide all the necessary items for pregnant women and the newborn baby. Under this scheme, pregnant women will be provided with financial assistance of Rs. 12,000 in three phases. In case of a baby girl, an additional Rs. 1000 will be given by the government. KCR Kit contains Baby oil, Soaps useful for mother and child, Mosquito net, Dresses, Handbag, Toys for child, Diapers, Powder, Shampoo, Sarees, Towel and Napkins, Baby bed.
A flagship programme of the government aimed at restoring around 46,000 tanks in five years to provide irrigation source to about 25 lakh acres spending Rs 22,000 crore. As of February, 2017, restoration work has been started for nearly 20,000 tanks and works have been completed for about 5,000 tanks. Government of Telangana has sanctioned more than Rs. 4,600 crore for this initiative in 2015-16 and 2016-17 budgets. As part of the Mission, activities like desiltation , repairing damaged sluices and weirs, restoring dilapidated tank bunds, stone revetments and plugging seepages are carried out.
Mission Kakatiya is aimed at improving the ground water table, reducing the power consumption by farm sector, getting higher yields, spurring the growth of livestock and rejuvenating rural economy on a whole. As per the ICRISAT study, application of silt on farm fields resulted in savings ranging from Rs 2,500 to Rs 3,750 on fertilisers and pesticides. And the yield of cotton increased by 1,000 kgs per hectare.
Under the Telangana Drinking Water Supply Project, a mammoth 1.30 lakh km stretch of pipelines would be laid to quench the thirst of Telangana towns and villages apart from providing water for the industrial needs. For this project, surface water of perennial rivers and major reservoirs would be utilised as a raw water source.Taken up with an estimated cost of Rs 35,000 crore, Mission Bhagiratha is intended to ensure that no female member of a household would need to walk miles to carry a pot of water. Under the this flagship programme, it is conceived to provide 100 litres per capita per day (LPCD) treated and piped water to every household in rural areas, 135 LPCD in municipalities and 150 LPCD in municipal corporations. This pioneering scheme has been commended by the Government of India for other States to emulate.
Telangana Ku Haritha Haaram, a flagship programme of the Telangana Government envisages to increase the present 24% tree cover in the State to 33% of the total geographical area of the State. The thrust areas to achieve the above are two-fold; one, initiatives in notified forest areas, and the other, initiatives in areas outside the notified forest areas.
Kalyana Lakshmi/ Shaadi Mubarak:
To alleviate financial distress of SC/ST and minority families, Government decided to sanction a one-time financial assistance of Rs. 1,00,116 at the time of marriage for brides who are residents of Telangana State. Accordingly, Kalyana Lakshmi and Shaadi Mubaarak Schemes have been introduced with effect from October 2, 2014 for unmarried girls, who have completed 18 years of age at the time of marriage and whose parental income does not exceed Rs. 2 lakh per annum.
For the women, 200 ml of milk for 25 days a month and one egg each day will be given with meal . Children, aged between seven months and three years are provided with 16 eggs a month in addition to a 2.5 kg food packet. For children aged between 3 and six years, one egg a day in addition to rice, dal, vegetables and snacks is supplied.
Aasara’ pension scheme is meant to protect the most vulnerable sections of society in particular the old and infirm, people with HIV-AIDS, widows, incapacitated weavers and toddy tappers, who have lost their means of livelihood with growing age, in order to support their day to day minimum needs required to lead a life of dignity and social security.
The Telangana Government introduced “ Aasara ” – a new Pension scheme – enhancing the monthly pension from Rs. 200 to Rs. 1000 for the old aged, widows, weavers, toddy tappers and AIDS patients and Rs. 500 to Rs. 1500 for disabled persons.
From 2020-21 the government is providing Aasara pension of Rs. 2,016 to senior citizens, widows, beedi workers, filaria victims, single women, handloom weavers, toddy tappers and AIDS victims, and Rs. 3,016 for disabled pensions.
Housing for the poor:
This hallmark initiative of the Telangana government is intended to provide quality and respectable housing to the poor. The ‘housing for the poor’ plan provides for two and three storied buildings with the 2 BHK flats in Hyderabad and other urban areas while they are to be built as independent houses in rural areas. A pilot has been taken up at IDH Colony in Bhoidguda, Secunderabad. As many as 396 units – with each comprising of two bedrooms, hall and kitchen – are being constructed in 32 blocks of G+2 on 580 square yards at a cost of Rs 37 crore at 7.9 lakh per each flat.
Pradhan Mantri Jan Dhan Yojana (PMJDY):
Hon’ble Prime Minister announced Pradhan Mantri Jan Dhan Yojana as the National Mission on Financial Inclusion in his Independence Day address on 15th August 2014, to ensure comprehensive financial inclusion of all the households in the country by providing universal access to banking facilities with at least one basic bank account to every household, financial literacy, access to credit, insurance and pension facility. Under this, a person not having a savings account can open an account without the requirement of any minimum balance and, in case they self-certify that they do not have any of the officially valid documents required for opening a savings account, they may open a small account. Further, to expand the reach of banking services, all of over 6 lakh villages in the country were mapped into 1.59 lakh Sub Service Areas (SSAs), with each SSA typically comprising of 1,000 to 1,500 households, and in the 1.26 lakh SSAs that did not have a bank branch, Bank Mitras were deployed for branchless banking.Thus, PMJDY offers unbanked persons easy access to banking services and awareness about financial products through financial literacy programmes. In addition, they receive a RuPay debit card, with inbuilt accident insurance cover of Rs. 2 lakh, and access to overdraft facility upon satisfactory operation of account or credit history of six months.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):
The PMJJBY is available to people in the age group of 18 to 50 years having a bank account who give their consent to join / enable auto-debit. Aadhar is the primary KYC for the bank account. The life cover of Rs. 2 lakh is for the one year period stretching from 1st June to 31st May and is renewable. Risk coverage under this scheme is for Rs. 2 lakh in case of death of the insured, due to any reason. The premium is Rs. 436 per annum which is to be auto-debited in one installment from the subscriber’s bank account as per the option given by him on or before 31st May of each annual coverage period under the scheme. The scheme is being offered by the Life Insurance Corporation and all other life insurers who are willing to offer the product on similar terms with necessary approvals and tie up with banks for this purpose. As on 30.06.2022, cumulative gross enrollment reported by banks subject to verification of eligibility, etc. is over 13.11 crore under PMJJBY. A total of 6,21,372 claims were registered under PMJJBY of which 5,92,192 have been disbursed.
Pradhan Mantri Suraksha Bima Yojana (PMSBY):
The Scheme is available to people in the age group 18 to 70 years with a bank account who give their consent to join / enable auto-debit on or before 31st May for the coverage period 1st June to 31st May on an annual renewal basis. Aadhar would be the primary KYC for the bank account. The risk coverage under the scheme is Rs. 2 lakh for accidental death and full disability and Rs. 1 lakh for partial disability. The premium of Rs.20 per annum is to be deducted from the account holder’s bank account through ‘auto-debit’ facility in one instalment. The scheme is being offered by Public Sector General Insurance Companies or any other General Insurance Company who are willing to offer the product on similar terms with necessary approvals and tie up with banks for this purpose. As on 30.06.2022, cumulative gross enrolment reported by Banks subject to verification of eligibility, etc. is over 29.01 crore under PMSBY. A total of 1,26,505 Claims were registered under PMSBY of which 1,00,052 have been disbursed.
Atal Pension Yojana (APY):
APY was launched on 9th May, 2015 by the Prime Minister. APY is open to all saving bank/post office saving bank account holders in the age group of 18 to 40 years and the contributions differ, based on pension amount chosen. Subscribers would receive the guaranteed minimum monthly pension of Rs. 1,000 or Rs. 2,000 or Rs. 3,000 or Rs. 4,000 or Rs. 5,000 at the age of 60 years. Under APY, the monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be returned to the nominee of the subscriber. The minimum pension would be guaranteed by the Government, i.e., if the accumulated corpus based on contributions earns a lower than estimated return on investment and is inadequate to provide the minimum guaranteed pension, the Central Government would fund such inadequacy. Alternatively, if the returns on investment are higher, the subscribers would get enhanced pensionary benefits.
In the event of pre-mature death of the subscriber, Government has decided to give an option to the spouse of the subscriber to continue contributing to APY account of the subscriber, for the remaining vesting period, till the original subscriber would have attained the age of 60 years.
Pradhan Mantri Mudra Yojana:
The scheme was launched on 8th April 2015. Under the scheme a loan of upto Rs. 50,000 is given under sub-scheme ‘Shishu’; between Rs. 50,000 to 5.0 Lakhs under sub-scheme ‘Kishore’; and between 5.0 Lakhs to 10.0 Lakhs under sub-scheme ‘Tarun’. Loans taken do not require collaterals. These measures are aimed at increasing the confidence of young, educated or skilled workers who would now be able to aspire to become first generation entrepreneurs; existing small businesses, too, will be able to expand their activates. As on 31.03.2019, Rs. 3,21,722 crores sanctioned (Rs. 142,345 cr. – Shishu, Rs. 104,386 cr. Kishore and Rs. 74,991 cr. – Tarun category), in 5.99 crores accounts.
Pradhan Mantri Vaya Vandana Yojana:
The ‘Pradhan Mantri Vaya Vandana Yojana (PMVVY) has been launched by the Government to protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions, as also to provide social security during old age. The scheme is implemented through the Life Insurance Corporation of India (LIC) and open for subscription upto 31st March, 2023.