interim Budget 2019 Current Affairs, GK & News
The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) announced in the interim budget 2019 has been notified by the Ministry of Labour and Employment. Features of the PM-SYM PM-SYM is a voluntary and contributory pension scheme on a 50:50 basis where prescribed age-specific contribution shall be made by the beneficiary and the matching contribution by the ..
Category: Government Schemes Current Affairs
Topics: Employees' Provident Fund Organisation • Employees' State Insurance Corporation • EPFO • ESIC scheme • family pension • interim Budget 2019 • Ministry of Labour and Employment • New Pension Scheme (NPS) • Pension Scheme • PM-SYM • Pradhan Mantri Shram Yogi Maan-dhan • unorganized sector
The data shows that the fiscal deficit touched 112.4 per cent of the full-year budget target of Rs 6.24 lakh crore at the end of December. The important data highlights related to the fiscal deficit are: The gap between Government’s expenditure and revenue stood at Rs 7.01 lakh crore during April-December of the current financial ..
The Union Finance Minister Piyush Goyal announced the Pradhan Mantri Shram Yogi Mandhan scheme in the interim budget 2019 for workers in the unorganised sector. About the Scheme The features of the Pradhan Mantri Shram Yogi Mandhan scheme are: Under the scheme, an assured monthly pension of Rs 3,000 per month will be provided to ..
The present government headed by Prime Minister Narendra Modi presented an uncompromising stance on fiscal deficit in the beginning. In its first budget, the government had stated that “we cannot go on spending today which would be financed by taxation at a future date”. The government emphasised on “inter-generational equity” and not leaving behind “a ..
The Union Finance Minister Piyush Goyal in the interim budget 2019 stated that India has received massive foreign direct investment worth USD 239 billion in the last five years. FDI: From Where to Where? The Union Finance Minister attributed this increased FDI inflow to a stable and predictable regulatory regime, growing economy, strong fundamentals and ..