Govt. Schemes launched in Union Budget 2018-19 - Part II

By Neeraj Mishra|Updated : June 12th, 2018

On 1st February 2018, the Union Finance Minister Arun Jaitley presented Union Budget 2018-19. During the presentation of the budget Finance Minister announced some important schemes for the welfare of the people and farmers of the country. 

Below are the schemes which are announced in the Budget 2018-19 - 

  • KUSUM scheme
  • Ayushman Bharat Scheme
  • Operation Greens
  • National Bamboo Mission (NBM)
  • Gobar Dhan Yojana
  • Affordable Housing Fund (Kifayati Aawas Yojna)
  • Ekalavya Model Residential School
  • Revitalising Infrastructure and Systems in Education (RISE)
  • Prime Minister Fellowship Scheme

In the second part of the article, we are providing you with a detail information on Operation Greens, National Bamboo Mission, Gobar Dhan Yojana.

Operation Greens


On the lines of ‘‘Operation Flood’’ a new Scheme ‘‘Operation Greens” is announced by the Finance Minister Arun Jaitley in the Union Budget 2018.


  • To promote farmer producers organisations, agri-logistics, processing facilities and professional management.
  • The scheme aims to aid farmers and help control and limit the erratic fluctuations in the prices of onions, potatoes and tomatoes.

Budget Allocation –  The total budget allocation under this scheme is Rs. 500 crore.


  • To double the income of farmers by the end of 2022.
  • It is a price fixation scheme that aims to ensure farmers are given the right price for their produce.
  • Operation Greens will work to increase demand in the economy as well with its demand forecasting model.

National Bamboo Mission

Terming Bamboo as ‘Green Gold’, the Union Finance Minister announced the scheme in the Union Budget 2018.

Centrally Sponsored Scheme - The National Bamboo Mission will be a Centrally Sponsored Scheme, in which the contribution of the Central Government will be 100%.

Implementation: The Scheme will be implemented by the Division of Horticulture under the Department of Agriculture and Cooperation in the Ministry of Agriculture, New Delhi.

Budget Allocation - The total budget allocated under the scheme is Rs 1,290 crore.

The objective of the scheme:

  • To promote the bamboo sector in the country. This will help the people of rural and tribal areas.
  • To promote marketing of bamboo and bamboo based handicrafts.
  • To generate employment opportunities for skilled and unskilled persons, especially unemployed youths.
  • To increase the coverage of area under bamboo in potential areas, with improved varieties to enhance yields.

Gobar Dhan Yojana

In Union Budget 2018, the Finance Minister Arun Jaitley announced the new scheme Gobar Dhan Yojana for the villagers.


  • GOBAR is an acronym for Galvanizing Organic Bio-Agro Resources.


  • To make the villages open defecation free.
  • The scheme would focus on managing and converting cattle dung and solid waste in farms to compost, biogas and bio-CNG.
  • The scheme will help in keeping the village clean while increasing the income of farmers and cattle herders.

Key points

  • The biogas produced will not only help in saving electricity but also provide a clean environment to people in rural areas.
  • Biogas generation will increase self-reliance in energy utilized for cooking and lighting.
  • Under this scheme, one village in every district of the country would be selected for its implementation. Nearly 700 districts would be covered during the current fiscal.
  • Haryana is the first state to launch the Gobar Dhan Yojna in the state.


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Also, read previous articles:

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2. Iran Nuclear Deal: A Complete Overview

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4. 65th National Film Awards winners

5. Commonwealth Games 2018: Important Points

6. Schemes launched in Union Budget 2018-19 - Part I


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Neeraj MishraNeeraj MishraMember since Sep 2015
Working Experience of more than 6 years in the Education Industry. Previously worked in Pagalguy, Career Power (Bankers Adda). Expert in Gk - Current Affairs & Banking & Financial Awareness. His email address is
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Manisha Rai

Manisha RaiJun 12, 2018

Thanku sir
Ruchika kashyap
Unable to open the PDF, error show kar Raha hai...

VikasJun 13, 2018

Those who want PDF click here 👇 8
budget 2018-19 schemes.pdf

SandhyaJun 13, 2018

Helpful post sir ...BIG thnks to sir
Sanjna Sharma
@Neeraj Mishra sir aajkal gradeup pe bankers adda k marks k screenshot share kr k show off krna trend bn chuka hai plzz aap kuch kijiye qki ek to ese marks show krne ka koi faayda ni hota aur dusra ye boht irritating hai.. atleast kuch informative material to ho na..😕
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SandhyahDec 22, 2018

No budget allocated for GOBAR dhan yojana?

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PO, Clerk, SO, Insurance

tags :PO, Clerk, SO, InsuranceGeneral AwarenessUnion Bank SO ExamNRA CET Nainital BankUnion Bank of India SOOdisha State Cooperative Bank

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