A Quick Note Before You Start This guide works a little differently from our other scheme guides. The National Scholarship Portal isn’t a single scholarship with one fixed amount and one eligibility rule. It’s a single website that hosts more than 140 different scholarships, run by different ministries and state governments, each with its own …
PM Jan Dhan Yojana-Explained in One Minute Pradhan Mantri Jan Dhan Yojana (PMJDY) lets any Indian citizen open a bank account with zero balance. There’s no minimum amount you need to keep in it. You get a free RuPay debit card, accident insurance cover of ₹2 lakh, and access to an overdraft facility of up …
Sukanya Samriddhi Yojana-Explained in One Minute Sukanya Samriddhi Yojana (SSY) is a savings account for a girl child under 10. It currently pays 8.2% interest a year, one of the highest rates of any government savings scheme. You deposit between ₹250 and ₹1.5 lakh a year, for 15 years. The account matures after 21 years, …
Explained in One Minute The PM Ujjwala Yojana provides women from poor households with a free LPG connection. There’s no deposit to pay. The government also gives you a first free refill and, in most cases, a free stove. On top of that, you get a subsidy on your cylinder refills through the year. As …
Important Update Before You Read Further The original Stand-Up India scheme officially ended on March 31, 2025. As of the most recent parliamentary update, in March 2026, the government said a revamped version is being redrafted based on a review by NITI Aayog and is expected to eventually go before the Cabinet for approval. Some …
PM Mudra Yojana- Explained in One Minute Pradhan Mantri Mudra Yojana (PMMY) gives collateral-free loans to small, non-farm businesses. There are four loan tiers: Shishu (up to ₹50,000), Kishor (₹50,000 to ₹5 lakh), Tarun (₹5 lakh to ₹10 lakh), and Tarun Plus (₹10 lakh to ₹20 lakh). Both new and existing small businesses can apply. …
PM SVANidhi Loan Scheme -Explained in One Minute The PM SVANidhi Loan Scheme provides street vendors with small, collateral-free working capital loans. You start with up to ₹10,000. If you repay on time, you become eligible for ₹20,000 next, then ₹50,000 after that. You also get a 7% yearly interest subsidy, plus cashback for using …
PMEGP Scheme Explained in One Minute PMEGP scheme gives you a government subsidy to help start a new manufacturing or service business. The subsidy ranges from 15% to 35% of your project cost. You don’t get this money in cash. It reduces the loan a bank gives you. Manufacturing projects can go up to ₹50 …
Old Age Pension Scheme Explained in One Minute Any BPL citizen aged 60 or above qualifies for IGNOAPS, India’s central old age pension. The Center pays ₹200 a month up to age 79. It pays ₹500 a month from age 80 onward. But most states add their own top-up. So your actual monthly amount depends …
IGNWPS Explained in One Minute Any widow aged 40 to 79, from a Below Poverty Line household, qualifies for the Indira Gandhi National Widow Pension Scheme (IGNWPS). The Center pays ₹300 a month. Most states add their own top-up. West Bengal’s combined total, for example, is ₹1,000 a month. At age 80, you move automatically …