Government schemes

Financial assistance to install drip and sprinkler irrigation: 55% of cost for small and marginal farmers and 45% for other farmers, to save water and raise yields.

Reduces the price of new electric two-wheelers and three-wheelers through a government demand incentive applied at the dealer, and funds electric buses, ambulances, trucks and charging stations.

Collateral-free working capital loans for street vendors, starting at up to Rs 15,000 and rising to Rs 50,000 on timely repayment, with an interest subsidy and cashback for digital payments.

Potential benefit ₹15,000 – ₹50,000 per loan tranche

Central subsidy of up to Rs 78,000 for households installing rooftop solar on their own home.

Potential benefit ₹30,000 – ₹78,000 one-time

A merit scholarship of Rs 12,000 to Rs 20,000 a year for college and university students who scored in the top 20 percent of their Class 12 board and whose family income is up to Rs 4.5 lakh.

Potential benefit ₹12,000 – ₹20,000 per year

Recognition, skill training with a daily stipend, a Rs 15,000 toolkit voucher and cheap collateral-free loans for traditional artisans.

Potential benefit ₹15,000 – ₹3,00,000 package

Scholarships and hostel support for OBC, EBC and De-notified Tribe students whose family income is up to Rs 2.5 lakh a year, covering school from Class IX and college afterwards.

Potential benefit ₹4,000 – ₹1,25,000 per year

Covers course fees and an academic allowance for Scheduled Caste students studying beyond Class X in India.

Grant assistance for rural families without a permanent house to build a basic pucca home.

Potential benefit ₹1,20,000 – ₹1,30,000 per house

Urban housing help through a construction grant, a home loan interest subsidy or affordable rental housing.

Potential benefit ₹1,50,000 – ₹2,50,000 per house

Crop insurance for farmers. Farmers pay a small share of the premium (2% for kharif, 1.5% for rabi, 5% for commercial and horticultural crops) and the governments pay the rest.

A zero-balance bank account for people who do not have one, with a free RuPay debit card carrying accident insurance cover and an overdraft facility of up to Rs 10,000 for eligible account holders.

Potential benefit ₹10,000 – ₹2,00,000

Life cover of Rs 2 lakh for death from any cause, for Rs 436 a year auto-debited from your bank account.

Potential benefit Up to ₹2,00,000 sum assured

Free short-term skill training with a government-recognised certificate and one year of accident insurance, for Indian citizens aged 15 to 45 who have an Aadhaar.

A voluntary pension scheme for small and marginal farmers aged 18 to 40. Members contribute Rs 55 to Rs 200 a month, the government matches it, and a pension of Rs 3,000 a month starts at age 60.

Potential benefit Up to ₹3,000 per month

Direct income support of Rs 6,000 a year, paid in three instalments to farming families who own cultivable land.

Potential benefit Up to ₹6,000 per year

Maternity cash benefit for pregnant and breastfeeding mothers: Rs 5,000 for the first child, and Rs 6,000 if the second child is a girl.

Potential benefit ₹5,000 – ₹6,000 one time, per eligible child

Support for fishers, fish farmers and fish workers to set up or expand fisheries activities, with 40% of project cost for general category and 60% for SC, ST and women beneficiaries.

Collateral-free business loans up to Rs 20 lakh for small non-farm enterprises, through banks and other lenders.

Potential benefit ₹50,000 – ₹20,00,000 loan amount

A voluntary pension scheme for unorganised workers earning up to Rs 15,000 a month: joining between age 18 and 40 and contributing monthly leads to a pension of Rs 3,000 a month from age 60.

Potential benefit Up to ₹3,000 per month