Key schemes launched by Narendra Modi in 2015

MUDRA Bank Yojna (Micro Units Development and Refinance Agency Bank)

Prime Minister Narendra Modi launched MUDRA Bank (Micro Units Development Refinance Agency) in April to boost funding of small businesses which are the catalysts of employment in the country.

MUDRA Bank will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'Micro-Finance Institutions' (MFIs) in India.

Social security schemes: Pradhan Mantri Jeevan Jyoti Bima Yojana /Atal Pension Yojana Pradhan Mantri Suraksha Bima Yojana

The Pradhan Mantri Jeevan Jyoti Bima Yojana will offer a renewable one-year life cover of Rs 2 lakh to all savings bank account holders in the age group of 18-50 years, covering death due to any reason, for a premium of Rs 330 per annum.

The Pradhan Mantri Suraksha Bima Yojana will offer a renewable one-year accidental death-cum-disability cover of Rs 2 lakh for partial/permanent disability to all savings bank account holders in the age group of 18-70 years for a premium of Rs 12 per annum per subscriber.

Atal Pension Yojana will focus on the unorganised sector and provide subscribers a fixed minimum pension of Rs 1,000, Rs 2,000, Rs 3,000, Rs 4,000 or Rs 5,000 per month, starting at the age of 60 years, depending on the contribution option exercised on entering at an age between 18 and 40 years.

Smart Cities Mission: Atal Mission for Rejuvenation and Urban Transformation (AMRUT)

The main objective of the three ambitious schemes, worth Rs 4 lakh crore, launched by the Prime Minister is to provide a house to every one by 2022, and develop Indian cities and towns as model cities and new engines of growth.

Smart Cities Mission: Quality of life will be enhanced in 100 identified cities and towns by ensuring quality infrastructure, improving services through application of smart solutions and enabling a clean and sustainable environment. These smart cities in turn will turn into triggers of growth in the region.

Atal Mission for Rejuvenation and Urban Transformation: The mission seeks to ensure basic infrastructure and sanitation.

Pradhan Mantri Awas Yojna: The yojna envisages the vision of Housing for All by the year 2022 at affordable prices

Digital India Initiative

Prime Minister inaugurated 'Digital India' in July to make the country digitally literal. Digital India initiative aims at making IT enabled society that consumes IT enabled services. The aim is to develop digital infrastructure and make the role of IT in good governance, removing corruption and generating jobs all pervasive.

Skill India: Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Prime Minister Narendra Modi in July launched Skill India Campaign during which he launched National Skill Development Mission, the new National Policy for Skill Development and Entrepreneurship 2015 and all-India flagship scheme Pradhan Mantri Kaushal Vikas Yojana (PMKVY).

The government has set a target of skilling 40.2 crore people by 2022 and the initiatives are aimed at realising this objective.

Sukanya Samriddhi Account (Small Savings Instrument for girl child)

Government launched a a spcial deposit scheme for girl child of up to the age of 10 years-- Sukanya Samriddhi Account-- which can be opened in banks and post offices. Half of the funds can be withdrawn for her higher education and marriage as she attains 18 years of age.

The scheme would mature on completion of 21 years from the date of opening of the account, and deposits can be made till completion of 14 years. The scheme is aimed at garnering small savings and channelising them for development of infrastructure.

Gold Monetisation Scheme, Sovereign Gold Bonds Scheme, Indian gold coin

Prime Minister Narendra Modi in November launched the first ever 'India gold coin' bearing Ashok Chakra on the eve of Diwali. Besides the gold coin, Modi also launched the Gold Monetisation Scheme (GMS) and Gold Sovereign Bond Scheme.

The aim of the schemes is to offer fruitful investment options in gold. The aim is also to utilize the gold lying unproductive in lockers and institutions and bring it into circulation and reduce the gold imports.