List of Schemes Announced by Narendra Modi on 31st December 2016

New Schemes Announcement by Narendra Modi
January 2, 2017 | Last Modified: January 2, 2017 at 3:49 pm | Category: Central Government, Pradhan Mantri Yojana

Prime Minister Narendra Modi announced new schemes and initiatives in his New Year’s Eve speech on 31st December 2016. Most of the announcements made by Narendra Modi were not completely new schemes but amendments in already running schemes. Shri Narendra Modi addressed the nation on NYE for about 45 minutes and makes announcements about cheaper loans under Pradhan Mantri Awas Yojana, saving scheme for old age citizens, scheme for pregnant women and others.

Below is the complete list of schemes/initiatives/amendments announced by Narendra Modi on 31st December.

Schemes Announced by Narendra Modi on 31 December

  1. Housing loans at lower interest rates: PM Awas Yojana beneficiaries to get 4% relief on loans up to Rs. 9 Lakh and 3% for loans up to Rs. 12 Lakh.
  2. Loans of up to Rs. 2 Lakh taken in 2017 for new housing or extension of housing in rural areas will receive interest subvention of 3%.
  3. Number of houses to be build under Pradhan Mantri Awas Yojana – Gramin has been increased by 33% i.e. from 3 Crore to 4 Crore.
  4. Government would pay 60 days of interest on Farmer’s loans availed from district cooperative and central banks for sowing operations this Rabi season..
  5. NABARD fund to be increased by Rs. 20,000 Crore to Rs. 41,000 Crore to provide loans to farmers ate lower interest rates. Loss to NABARD will be covered by central government.
  6. 3 Crore Kisan Credit cards to be converted into RuPay cards within next 3 months. This will facilitate them to withdraw money from ATM’s and sell & buy at any place through digital transactions.
  7. Credit guarantee for small entrepreneurs has been increased from Rs. 1 Crore to Rs. 2 Crore. Loans from Non Banking Finance Institutions would also be covered under this.
  8. Income tax for small entrepreneurs and traders would be calculated at at 6 per cent instead of 8 if they use digital modes of payments.
  9. New national scheme for pregnant women to cover their delivery, vaccination, for nutritious meals. A financial assistance of Rs. 6000 to every pregnant women would be provided under the scheme. Amount will be directly transferred to saving bank account of pregnant women.
  10. New saving schemes for senior citizens under which 8% interest would be assured on deposits of up to Rs. 7.5 Lakh. The interest earned can be withdrawn per month.
  11. This was the first time Narendra Modi Addressed the nation after demonetization speech on 8th November. The detailed information about the schemes launched by Narendra Modi would be available soon.

    The complete list of schemes launched by Narendra Modi Government can be found at the following link

15 comments on “List of Schemes Announced by Narendra Modi on 31st December 2016

  1. Amit kumar behera says:

    i am sure a perfect person handle our country so india pick up the growing rate in all fields
    thanks to our pm modi.
    i am requesting to pm please provide a new scheme where unemployment will reduce or unemployment get some job

    i salute modi

  2. Vikram jat says:

    Thanks pm ji apne jo yojna nikali uske leye dil se thank you

  3. prakash K bhajantri says:

    Shiramajansi dharwadkarnnatak pram hebballi Dyamawana hide one hebballi haus no 1258 post hebballi

  4. prakash K bhajantri says:

    Prakash K bhajantri dyamauanagude one hebballi haus no 1258 pinched no 580112 post hebballi deistic dharwadkarnnatak po no 9945370154/9482126872

  5. Fr. Milet D'souza says:

    all the latest govt.schemes related to farmers, womens and childernsand also youth

  6. Nitesh pathak says:

    Sir ji aap greet ho.
    Sare neta sirf khate hai kabhi kisi ke bare me nhi sochte .
    Jo apne socha humare liye aur apne desh keliye .
    Thankyou so much sir .

  7. Sir mai gariv aadmi mera chhopri ki ghar hai mai ghar banana chahta hu plz sir madat kare thora jald se jald sir ji plz plz my no.7355776298

  8. Ankita says:

    Sir plz anoounced more schemes for study loan in abroad

  9. shyam says:

    har har modi. ghar ghar modi
    thanks modi ji

  10. MUKESH YADAV says:


  11. priyanka sane says:

    more jobs for girls n salary package is high more than boys……

  12. Sudhir kadam says:

    Please provide us with right party contact so that we can reach to make complaints if there us something wrong going on around us. As at my netive place villagers are getting only 1.3 to 1.5 lakh under new yojana announced by Mr. Modi to buide their house at native wherein villagers are suppose to get 2 lakhs, where is rest of the money.


    Thanks for all good schemes but Were is the unemployment people scheme please provide the loan for all un employs to start living (business),I know the problems of unemployment ,because iam also belonging that catagiri no use of completion of higher pg studies…

  14. Vikas rana says:

    Hello are bahi jo scheme pregnant ladies k liye hai uske liye kya ceriteriya hai kisi ko pata ho tu batana bahiyo mob num 8999100011ye hai plz about information

  15. PRASAD C says:

    Actually it was a present surprise to the middle class people in India to getting this offer for the new year 2017.but i would like request one thing for modi sir to provide some opportunity for the employment to our young Indians ,because lot of graduate and maney more students are suffering to get a job in our country .

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