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DIPAM and World Bank sign Agreement

November 17, 2020

On November 16, 2020, DIPAM (Department of Investment and Public Asset Management) signed an agreement with World Bank. Under the agreement, the World Bank will provide advisory services on asset monetization. What is Asset Monetisation? Asset Monetisation is creating new ..

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Mahatma Gandhi Bunkar Bima Yojana

March 27, 2020

The Mahatma Gandhi Bunkar Bima Yojana was recently discussed in the Lok Sabha by the Union Minister of Textiles. About the Scheme The Mahatma Gandhi Bunkar Bima Yojana is an insurance scheme for all community weavers. The scheme provides insurance ..

Govt. makes Aadhaar mandatory for PMVKY subscribers

December 27, 2019

Centre government has made Aadhaar (the unique 12-digit biometric identity number) mandatory for subscribers of Pradhan Mantri Vaya Vandana Yojana (PMVVY) which is a pension scheme for senior citizens. Finance Ministry notified that an individual eligible for receiving benefit under ..

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All about PM Kisan Maan Dhan Yojana

August 11, 2019

Union Ministry of Agriculture & Farmers Welfare has rolled out registration for the PM Kisan Maan Dhan Yojana to provide old age pension cover to farmers. It is new Central Sector Scheme envisioned with an aim to improve life of ..

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Pradhan Mantri Vaya Vandan Yojana: Cabinet doubles investment limit for senior citizens

May 3, 2018

The Union Cabinet has approved doubling of investment limit from Rs 7.5 lakh to Rs 15 lakh under Pradhan Mantri Vaya Vandana Yojana (PMVVY). It also extended time limits for subscription from ay 2018 to March, 2020. These decisions were ..

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Government launches Pradhan Mantri Vaya Vandana Yojana for senior citizens

July 22, 2017

The Union Finance Ministry has launched Pradhan Mantri Vaya Vandana Yojana (PMVVY), a pension scheme exclusively for senior citizens aged 60 years and above. Under this scheme, senior citizens will get a guaranteed interest of 8% for 10 years depending ..

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