Punjab Government Schemes

Punjab, the land of five rivers, is known for its vibrant culture, industrious people, and significant contributions to India's agriculture and economy. To further the progress and prosperity of its citizens, the Government of Punjab has launched multiple schemes across various sectors, aiming to address diverse needs and foster holistic development. This article delves into the key Punjab Government Schemes, outlining their objectives, benefits, and impact on the lives of the people.

Investment Plans

Generate wealth Earn 1 Cr^# in maturity with Zero LTCG tax^¶
Double tax savings^ On premiums (under 80C) and on maturity (under 10(10D))
Compare & Choose 30+ Plans and 150+ Fund options

We are rated⁺⁺

9.7 Crore

Registered Consumer

Insurance Partners

4.9 Crore

Policies Sold

Top performing plans^˜ with High Returns^**

Invest ₹10K/month & Get ₹1 Crore^# Tax-Free^*

Your Name

+91

Mobile Number

Your personal information is secure with us

By clicking on "View Plans" you agree to our Privacy Policy and Terms of use

Get Updates on WhatsApp

We are rated⁺⁺

9.7 Crore

Registered Consumer

Insurance Partners

4.9 Crore

Policies Sold

What are the Punjab Government Schemes?

Punjab Government Schemes are a collection of initiatives and programs launched and managed by the state government to achieve specific socio-economic goals. These schemes are designed to address challenges and opportunities across various sectors, including agriculture, education, healthcare, social welfare, infrastructure, and employment. They act as crucial instruments for the government to implement its policies, allocate resources effectively, and directly impact the lives of its citizens.

Key Punjab Government Schemes Across Sectors

The Punjab Government implements a wide array of schemes, catering to different segments of the population and addressing specific developmental needs. Here's a detailed look at some of the prominent schemes across various sectors:

Agriculture and Allied Sectors

Agriculture remains the backbone of Punjab's economy. The government has launched several schemes to support farmers, enhance productivity, and promote sustainable agricultural practices:
- Punjab Crop Diversification Programme
  
  This scheme encourages farmers to shift away from the traditional wheat-paddy cycle towards more remunerative and less water-intensive crops like maize, pulses, oilseeds, and fruits. It provides financial assistance, technical guidance, and market linkages to facilitate this transition.
- Sub Mission on Agriculture Mechanization (SMAM)
  
  Under this centrally sponsored scheme, the state government provides subsidies to farmers for the purchase of modern agricultural machinery and equipment. This helps in improving efficiency, reducing labor costs, and enhancing overall productivity.
- Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
  
  While a national scheme, its effective implementation in Punjab is crucial. It provides income support of ₹6,000 per year in three equal installments to all landholding farmer families.
- Punjab State Farmers' and Farm Workers' Commission
  
  This commission advises the government on issues related to agriculture and the welfare of farmers and farm laborers, contributing to the formulation of farmer-centric policies and schemes.
Education and Skill Development

Investing in human capital is a priority for the Punjab Government. Several schemes aim to improve access to quality education and enhance the skills of the youth:
- Sarva Shiksha Abhiyan and Rashtriya Madhyamik Shiksha Abhiyan
  
  These centrally sponsored schemes, implemented effectively in Punjab, aim to provide universal access to elementary and secondary education respectively, focusing on improving infrastructure, teacher quality, and student learning outcomes.
- Chief Minister's Scholarship Scheme
  
  This scheme provides financial assistance to meritorious students from economically weaker sections to pursue higher education, 1 ensuring that financial constraints do not hinder academic aspirations.
- Skill Development Mission of Punjab
  
  This mission coordinates various skill development initiatives across the state, aiming to equip youth with industry-relevant skills to enhance their employability. It includes programs like the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and state-specific skill training programs.
Healthcare and Family Welfare

Ensuring the health and well-being of its citizens is a key government responsibility. Punjab has several schemes dedicated to improving healthcare access and outcomes:
- Ayushman Bharat - Sarbat Sehat Bima Yojana
  
  This flagship scheme provides cashless treatment up to ₹5 lakh per family per year in empanelled public and private hospitals. It covers a wide range of medical procedures and aims to provide financial protection against catastrophic health expenditures.
- National Health Mission (NHM)
  
  Under the NHM, the state implements various programs focused on maternal and child health, disease control, and strengthening the primary healthcare infrastructure.
- Janani Shishu Suraksha Karyakram (JSSK)
  
  This scheme provides free and cashless services to pregnant women and newborns in government health facilities, aiming to reduce maternal and infant mortality rates.
- Rashtriya Bal Swasthya Karyakram (RBSK)
  
  This program focuses on the health screening of children from birth to 18 years for early detection and management of various health conditions.
- Mental Health Programme
  
  Recognizing the importance of mental well-being, the state has initiatives to improve access to mental health services and create awareness about mental health issues.
Social Welfare and Empowerment

The Punjab Government is committed to the welfare and empowerment of vulnerable sections of society:
- Old Age Pension Scheme
  
  This scheme provides financial assistance to elderly citizens who are without adequate means of support, ensuring a dignified life in their old age.
- Widow Pension Scheme
  
  Financial assistance is provided to widows to help them cope with the loss of their spouse and maintain a basic standard of living.
- Disability Pension Scheme
  
  This scheme provides financial support to persons with disabilities to help them meet their daily needs and promote their inclusion in society.
- Scheduled Castes and Other Backward Classes Welfare Schemes
  
  The government implements various schemes for the welfare of Scheduled Castes and Other Backward Classes, including scholarships for education, financial assistance for self-employment, and housing schemes.
- Betiyan Di Lohri
  
  This initiative aims to promote gender equality and celebrate the birth of girl children by providing financial assistance and a kit to the parents.
- Mahila Shakti Kendra Scheme
  
  This scheme aims to empower women through various interventions, including skill development, awareness generation, and access to legal aid.
Infrastructure and Industrial Development
- Smart City Mission (in selected cities)
  
  This national mission aims to develop smart and sustainable urban infrastructure in selected cities of Punjab, focusing on improving urban mobility, water and waste management, and digital connectivity.
- Atal Mission for Rejuvenation and Urban Transformation (AMRUT)
  
  This scheme focuses on improving basic urban infrastructure like water supply, sewerage, and urban transport in cities and towns.
- Industrial Policy and Incentives
  
  The state government offers various incentives and support to attract investment and promote industrial growth, including tax exemptions, subsidies, and infrastructure development in industrial areas.
- Punjab Infrastructure Development Board (PIDB)
  
  PIDB plays a crucial role in planning, financing, and implementing major infrastructure projects across the state.
- Rural Connectivity Programme
  
  The government focuses on improving road connectivity in rural areas to facilitate economic activities and improve access to services.
Other Notable Schemes
- MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act)
  
  While a national scheme, its effective implementation in Punjab provides guaranteed wage employment to rural households.
- Punjab Ghar-Ghar Rozgar Yojna
  
  This scheme aims to provide employment opportunities to the youth of Punjab through job fairs, skill development programs and entrepreneurship support.
- E-Governance Initiatives
  
  The government is increasingly leveraging technology to improve efficiency and transparency in governance and service delivery through various e-governance platforms and initiatives.

Conclusion

The Punjab Government Schemes represent a significant commitment to the welfare and progress of the state's citizens. These diverse initiatives, spanning across crucial sectors like agriculture, education, healthcare, and social welfare, aim to address specific needs and foster holistic development. By providing financial assistance, promoting skill development, improving infrastructure, and ensuring social security, these schemes play an important role in empowering individuals, strengthening communities, and driving the overall prosperity of Punjab.

˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

Past 10 Years' annualised returns as on 01-06-2025

^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.

Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%

¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.

**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).

Invest More Get More!

You Get

₹1 Crores*

You Invest

₹10K/month

You Get

₹80 Lakhs*

You Invest

₹8K/month

You Get

₹50 Lakhs*

You Invest

₹5K/month

Calculators

Show More Calculator

Investment Calculator

One time
Monthly

Amount I wish to invest ₹

Invest for (Years)

Stay invested for (Years)

Expected rate of return (in %) / Year

Sensex has given 10% return from 2010 - 2020

You invest

You get

View plans

Punjab Government Schemes

What are the Punjab Government Schemes?

Key Punjab Government Schemes Across Sectors

Agriculture and Allied Sectors

Punjab Crop Diversification Programme

Sub Mission on Agriculture Mechanization (SMAM)

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

Punjab State Farmers' and Farm Workers' Commission

Education and Skill Development

Sarva Shiksha Abhiyan and Rashtriya Madhyamik Shiksha Abhiyan

Chief Minister's Scholarship Scheme

Skill Development Mission of Punjab

Healthcare and Family Welfare

Ayushman Bharat - Sarbat Sehat Bima Yojana

National Health Mission (NHM)

Janani Shishu Suraksha Karyakram (JSSK)

Rashtriya Bal Swasthya Karyakram (RBSK)

Mental Health Programme

Social Welfare and Empowerment

Old Age Pension Scheme

Widow Pension Scheme

Disability Pension Scheme

Scheduled Castes and Other Backward Classes Welfare Schemes

Betiyan Di Lohri

Mahila Shakti Kendra Scheme

Infrastructure and Industrial Development

Smart City Mission (in selected cities)

Atal Mission for Rejuvenation and Urban Transformation (AMRUT)

Industrial Policy and Incentives

Punjab Infrastructure Development Board (PIDB)

Rural Connectivity Programme

Other Notable Schemes

MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act)

Punjab Ghar-Ghar Rozgar Yojna

E-Governance Initiatives

Conclusion

Investment plans articles

Explore the popular searches and stay informed