About Indradhanush Missions (Health and Banking)

About Indradhanush Missions (Health and Banking)

Indian govt. has started two missions with the same name ’Indradhanush Missions’ which creates a lot of confusion among exam aspirants as everyone is confused what to remember in this mission and are both missions same ? No both missions are different and related to different category. One mission was started for the welfare of Banking and finance sector and 2nd one for Health sector. Here, we’ll give you exact details of both mission and let you know what to remember related to Indrdhanush Mission. 

Indian govt.

Mission Indradhanush-related to banking and finance:

This mission was started by our Union Finance minister Arun Jaitely before one day of 2015 Independence day i.e; 14 August,2015. This mission was started to revamp (Provide with renovate) functioning of public sector Banks.

Main points related to Mission Indradhanush- banking and finance:

  • To replace existing Banking board members with new members within 6 months.
  • Seven shades was attractive key point of this scheme which includes Appointments of pending MD and CEO as soon as possible, to form BBB ( Bank Board Bureau) within 6 months, Capitalization of all sector banks by Infusing Rs. 25000 Crore, To distress PSB by setting vibrant debt market and strengthening asset construction of companies, To provide max flexibility for hiring, To streamline vigilance process in case of frauds, To start ESOP ( Employee Stock option Plan ) in banking also.

Mission Indradhanush-related to Health sector:

This mission was launched by Health and family welfare Minister ‘Jagat Prakash Nadda’ on 25 December, 2014. This mission was started for the welfare of Children.

Main points related to Mission Indradhanush- Health Sector:

  • It was launched on Good Governance day which marks the birth anniversary of Bharat Ratna Shri Madan Mohan Malaviya and birthday of Bharat Ratna Shri Atal Bihari Vajpayee.
  • To bring change or improve the immunization process.
  • To cure seven preventable disease was the main focus of this missions; diseases like diphtheria, whooping cough, tetanus, Polio, Tuberculosis, measles and hepatizes B by the year 2020.

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