Pension: Current Affairs, GK & News - 2020-2021

Madhu Babu Pension Scheme to be extended to Transgenders in Odisha

Published: July 18, 2020

The Odisha Government has decided to include the transgender community as well within the ambit of Madhu Babu Pension Yojana that is aimed at providing pension to destitute elderly persons, differently-abled persons and widows in the state. The Department of Social Security and Empowerment of Persons with Disabilities has notified the same on July 16. ..

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Invalid Pension to Armed Forces Personnel even with Service of Less than 10 years Approved by Govt.

Published: July 15, 2020

The government has taken the decision that invalid pension for the armed forces will now be extended to the army personnel with less than 10 years of service also. Earlier, any army personnel would be eligible for this only after completing 10 years of service. This will be applicable to all the eligible people who ..

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Atal Pension Yojana completes 5 years

Published: May 12, 2020

The “Atal Pension Yojana” launched on May 9, 2015, has completed 5 years of its implementation. The total enrollment under the scheme as on May 9, 2020 was 2,23,54,028. Highlights During the first two years of the launch of the initiative, there were 50 lakh subscribers. In the third year, the numbers doubled with 100 ..

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Andhra Pradesh launches scheme to deliver pension at beneficiaries’ doorstep

Published: February 3, 2020

The Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy had proposed the door-delivery of pension in the state under YSR Pension Kanuka scheme. The process was recently commenced in the state. The pension has also been increased to ₹2,250 from the earlier ₹1,000 and the eligibility criteria has been revised to provide pension benefit ..

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National Pension Scheme for traders: Not successful as expected

Published: January 5, 2020

The National Pension Scheme for traders, Shopkeepers and Self-Employed persons, also called the Pradhan Mantri Laghu Vyapari Maan-dhan Yojana was launched in July 2019. It aimed at benefitting 3 crore small traders and shopkeepers Highlights The Government set a target of 50 lakh enrolment by the end of March 2020. However, only 25,000 persons have ..

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