Over the years, the Indian government has introduced several schemes that have not only helped Indian citizens improve their financial situations, but have also contributed to the country’s economy. Schemes started by our government have been innovative, with a view to solving actual problems on the ground. They are not just a result of armchair experts’ theories, but involve a lot of imagination to address issues that people have been facing for decades. All schemes started by our government focus on sound implementation. There are stringent monitoring procedures and flaws are fixed quickly.
Lower Income Group: Lower Income Group (LIG) means households with monthly household income between Rs. 5001/- to Rs. Rs. 10000/- per month or annual income between 1 lakh to 2 lakh.
There are many Government Schemes to bring a difference. But unfortunately, due to lack of awareness people are unable to take advantage of those schemes. There are various government schemes for our lower group of people in societies to plan for their future to help them grow their money. By investing in these schemes, it takes care of insurance cover; medi claims and also grow in money.
These can be implemented to maids, drivers, watchmen and their respective families. By small they start to invest, further grows by itself.
NOTE: All these applications can be submitted in nearby Banks
