Benefits of EWS
- Reservation in government jobs and educational institutions: EWS individuals and households are eligible for reservation in government jobs and educational institutions under the EWS quota. This can help to increase access to employment and education opportunities for marginalized communities.
- Housing schemes: EWS individuals and households are eligible for various housing schemes, such as the Pradhan Mantri Awas Yojana, which provides financial assistance for the construction or purchase of a home.
- Financial assistance: EWS individuals and households may be eligible for financial assistance through various government schemes, such as the Pradhan Mantri Jan Dhan Yojana and the Pradhan Mantri Jeevan Jyoti Bima Yojana.
- Priority sector lending: Banks are mandated to lend a certain percentage of their loan portfolio to the priority sector, which includes EWS individuals and households.
- Subsidies and concessions: EWS individuals and households may be eligible for subsidies and concessions on various goods and services, such as electricity and water.
- Tax benefits: EWS individuals and households may be eligible for tax benefits, such as deductions and exemptions, under various government schemes.
- Improved access to public services: EWS individuals and households may have improved access to public services such as healthcare, sanitation, and education, as a result of the various schemes and policies implemented for their benefit.
EWS Full Form
The full form of EWS is the “Economically Weaker Section“. The term EWS refers to individuals or families who belong to the economically weaker section of society as defined by the government of India. The government has set specific criteria to determine the eligibility of individuals or families to be considered as EWS. These criteria generally include income, assets, and occupation. Individuals or families who meet these criteria are considered to be economically weaker and are eligible for certain benefits and concessions provided by the government, such as reservation in education and employment and access to government schemes and programs.
The main objective of EWS is to provide a level playing field to the economically weaker sections of society and to ensure that they have access to the same opportunities and resources as others. The government has implemented EWS to address the issue of poverty and inequality in India and to ensure that the weaker section of society does not fall behind in terms of education and employment opportunities.