Page-5 of Social Security
India ranks 43rd in 2017 Global Retirement Index
India was ranked last at 43rd position in 2017 Global Retirement Index (GRI) published by French asset management company Natixis Global. The index ranks 43 countries on the basis of four factors viz. the material means to live comfortably in ..
Month: Current Affairs - August, 2017
Government releases Draft Labour Code on Social Security & Welfare
The Union Labour Ministry has proposed a labour code which will provide social security cover to the entire workforce in the country, including self-employed and agricultural workers. In this regard, it has proposed a draft code on Social Security and ..
Month: Current Affairs - March, 2017
India, Germany ratify 2011 Pact on Social Security Investment
India and Germany have ratified a comprehensive Social Security Agreement (SSA) to improve investment flows between the two countries. The agreement was signed in October 2011 and its instruments of ratification were exchanged in February 2017. It will come into ..
Month: Current Affairs - February, 2017
Economic Survey backs Universal Basic Income
The Economic Survey 2016-17 tabled in Parliament has advocated for the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty. It suggests that a more efficient way to ..
Month: Current Affairs - February, 2017
Union Cabinet gives approves Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014
The Union Cabinet has given its ex-post facto approval for the Varishtha Pension Bima Yojana (VPBY) 2003 and Varistha Pension Bima Yojana (VPBY) 2014. The Cabinet also granted approval for expenditure incurred on subsidy amount released to LIC for the ..
Month: Current Affairs - September, 2016
India, Japan ink Social Security Agreement
India and Japan have signed a Social Security Agreement (SSA) and will come into force on 1 October 2016. The SSA will benefit Indian and Japanese professionals and skilled workers working in each other’s country and will also boost bilateral ..
Month: Current Affairs - July, 2016