Government Schemes [India & States] Current Affairs MCQs

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Bad loans in Kisan Credit Card (KCC) accounts have risen by 42% in scheduled commercial banks, excluding RRBs. KCC was introduced in 1998 to provide farmers easy access to credit for buying seeds, fertilizers, and other inputs. Extended in 2004 to cover investment credit for allied and non-farm activities. In 2018-19, KCC was extended to fisheries and animal husbandry farmers for working capital needs. It was implemented by Scheduled Commercial Banks, RRBs, Small Finance Banks, and Cooperatives.

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Chief Minister A. Revanth Reddy launched the ‘Rajiv Yuva Vikasam’ scheme to create self-employment opportunities for five lakh unemployed youth in Telangana. The government allocated ₹6,000 crore for the initiative, highlighting its commitment to youth empowerment and economic development. The scheme aims to empower Telangana’s youth and promote self-reliance through strong economic support.

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Haryana government launched a One Time Settlement (OTS) Scheme for small traders. The scheme offers tax relaxation and penalty waivers on outstanding tax dues. For tax disputes under ₹10 lakh, taxpayers will pay 40% of the amount. For disputes between ₹10 lakh and ₹10 crore, they must pay 50%. For disputes above ₹10 crore, full payment is required, but penalties are waived. The scheme takes effect from April 7, 2024. It addresses pending tax payments before GST implementation. The government aims to support small businesses and boost Haryana’s tax collection.

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The Government of India has discontinued Medium-Term and Long-Term Government Deposits (MLTGD) under the Gold Monetisation Scheme (GMS) from March 26, 2025. Gold Monetisation Scheme (GMS) was launched in November 2015 as an improved version of the Gold Deposit Scheme (GDS) and Gold Metal Loan (GML) Scheme. It allows individuals, institutions, and government entities to deposit idle gold in banks and earn interest. Depositors can redeem the gold in cash, bars, or coins upon maturity but not in its original form. The scheme aims to mobilize idle gold, bring it into the formal economy, and reduce gold imports to lower the Current Account Deficit (CAD).

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The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Electronics Component Manufacturing Scheme with Rs.22,919 crore funding. The scheme aims to boost electronics manufacturing, increase Domestic Value Addition, and integrate Indian companies with Global Value Chains. It targets Rs.59,350 crore investment, Rs.4,56,500 crore production, and 91,600 direct jobs along with many indirect jobs. Differentiated incentives will help Indian manufacturers overcome challenges, develop technology, and scale production. The initiative supports India’s goal of becoming self-reliant in the electronics supply chain under the Atmanirbhar Bharat vision.

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The Union Cabinet chaired by Prime Minister Narendra Modi approved the Modernization of Command Area Development and Water Management (M-CADWM) as a sub-scheme of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for 2025–2026 with ₹1600 crore outlay. The scheme aims to modernize irrigation water supply from canals or other sources to farm gates using underground pressurized piped systems for up to 1 hectare. It will use technologies like Supervisory Control and Data Acquisition (SCADA) and Internet of Things (IoT) for water management and improve Water Use Efficiency (WUE). It will boost farm productivity and income. Irrigation Management Transfer (IMT) to Water User Societies (WUS) will ensure sustainability. These societies will be supported and linked to Farmer Producer Organizations (FPOs) or Primary Agricultural Credit Societies (PACS) for five years. The scheme aims to attract youth to modern irrigation methods.

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Odisha launched a unified health scheme combining Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PM-JAY) and Gopabandhu Jan Arogya Yojana (GJAY), formerly Biju Swasthya Kalyan Yojana (BSKY). The merged scheme now covers 1.03 crore families (3.46 crore people) in Odisha. Health cards will be accepted in 29,000 hospitals nationwide and distributed within three months. Every family member is eligible, and 23 lakh senior citizens will get free medical care. 4,000 doctors have been appointed; 5,374 more will follow.

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The Railway Minister announced that 104 out of 1,300 stations under redevelopment are completed as part of the Amrit Bharat Station Scheme. The Amrit Bharat Station Scheme was launched by Indian Railways in February 2023 to modernize railway stations across India. The scheme follows a long-term and continuous development approach with phased implementation through Master Plans. It focuses on better station access, waiting halls, toilets, lifts/escalators, cleanliness, Wi-Fi, local product kiosks, passenger information systems, and executive lounges. Each station’s design will reflect local culture, heritage, and architecture to enhance the travel experience.

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The Maharashtra government has reduced the stipend for about eight lakh women under the Mukhya Mantri Majhi Ladki Bahin Yojana. These women also receive benefits from the Namo Shetkari Mahasanman Nidhi (NSMN) scheme. Under the revised rule, they will now get Rs 500 per month instead of Rs 1,500 from the Majhi Ladki Bahin Yojana. This is because they already receive Rs 1,000 monthly under the NSMN scheme. As per the scheme rules, the total financial help from the government per woman cannot exceed Rs 1,500. The Majhi Ladki Bahin Yojana was launched in 2024 to support women across Maharashtra.

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Madhya Pradesh has received formal approval for the ₹2,100 crore Prime Minister Mega Integrated Textile Region and Apparel (PM MITRA) Park project. The project has been sanctioned by the Union Ministry of Textiles and will be the first integrated textile park of its kind in India. The PM MITRA Scheme aims to strengthen the Indian textile industry by enabling larger-scale operations. It seeks to reduce logistics costs by housing the entire value chain at one location. The scheme also aims to attract investment and enhance export potential. It is inspired by the 5F vision (Farm to Fibre to Factory to Fashion to Foreign) of the Prime Minister. The scheme was implemented by the Ministry of Textiles.