India has been ranked 32nd among 39 nations at the 2019 Melbourne Mercer Global Pension Index (MMGPI). The index is based on how they fare on providing pension and retirement benefits to citizens across different income groups. India’s index value increased largely due to the improvement in all three sub-indices of adequacy, sustainability and integrity. ..
Social law: GK, Current Affairs, Questions, Trivia and News
Prime Minister Narendra Modi launched the Pradhan Mantri Kisan Maan Dhan Yojana, a pension scheme for farmers in Jharkhand. About the Scheme The scheme is voluntary and contribution-based for farmers in the age group of 18 to 40 years. Monthly pension of Rs. 3000/- will be provided to the enrolled farmers on attaining the age ..
The Union Government has recently started registration for the Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) with an aim to improve the life of Small and Marginal Farmers of the country. This scheme for farmers has been announced in the Union Budget 2019-20. The scheme is voluntary and contributory for farmers in the entry age group ..
The Central Government has launched the PM Kisan Maan Dhan Yojana, a pension scheme for small and marginal farmers of the country. Features of the Scheme The scheme is voluntary and contribution-based for farmers in the entry age group of 18 to 40 years. Monthly pension of Rs. 3000/- will be provided to farmers on ..
The Chhattisgarh government has launched an online portal and mobile app ‘Aabhaar-Aapki seva ka (Gratitude-For Your Service)’ to provide transparency in the pension facility. Through this app and the website, 80,000 pensioners of the state will now get all the information related to pension and payment online. The pensioners will get the benefit of senior ..
Orissa is the first Indian state to commence e-payment facility for government employees from August 1, 2012. Govt employees will get their salaries and pensions through the online Portal of the RBI. Salaries and pensions will be directly transferred to their bank account. The initiative of e-payment facilities taken by Reserve Bank of India.
A new Pension and Life Insurance Fund (PILF) scheme is being promoted by GoI in a bid to provide financial security to poor Indians working abroad. Indian embassies have been asked to assist those wanting to subscribe to PILF. NRI-organizations have been recommended to encourage the scheme, which was declared in January, 2012. PILF: To ..
A web based Social Security Pension System launched by the Rajasthan Govt at Jaipur. It is an e-Governance initiative for efficient and timely payout of pension and in turn would speed up the entire procedure from approval to disbursement of the pension under a variety of schemes. The web-based solution will ease maintenance of info ..