2014: Pradhan Mantri Jan Dhan Yojana
The government announces the Pradhan Mantri Jan Dhan Yojana scheme to drive financial inclusion
2015: Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code bill, which lays the foundation for faster and more efficient insolvency resolution, introduced in Lok Sabha
2016: Demonetisation
On November 8, the Prime Minister announces demonetisation of Rs 500 and Rs 1,000 notes to promote cashless transactions and curb the shadow economy
2017: Good and Services Tax
The government implements one nation-one tax to simplify the tax regime
2018: Pradhan Mantri Jan Aarogya Yojana
The health assurance scheme is started to provide health cover of Rs 5 lakh per family per year for secondary and tertiary care hospitalisation
2019: PM-KISAN
The government launches PM-Kisan Samman Nidhi to transfer Rs 6,000 per annum as minimum income support to farmers
Allocations – FY19: Rs 1,241 cr
FY20: Rs 48,714
FY21: Rs 60,990
FY22: Rs 66,825 cr
FY23: Rs 58,254 cr
FY24: Rs 60,000 cr
2020: New Income Tax Regime
The government introduces a new tax regime for individual taxpayers with no exemptions, running parallel with the old tax regime
2021: PM Gati Shakti
The government launches Gati Shakti to push for the coordinated implementation of infrastructure connectivity projects
2022: Developed India@2047
The Prime Minister sets 2047 as the target for making India a developed economy, to mark the 100th year of the country’s independence
2023: Sun, Moon & Stars
India successfully lands Chandrayaan-3 on the moon and launches its first mission dedicated to observe the sun
OTHER KEY DEVELOPMENTS:
- India hosts G20 ?India announces it will release a
- National Data Governance Policy
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