Pension

Pradhan Mantri Laghu Vyapari Mandhan Yojana(PMLVMY)

Submitted by sameer on Tue, 03/03/2020 - 18:28

Pradhan Mantri Laghu Vyapari Mandhan Yojana also known as National Pension Scheme for Traders and Self Employed Persons. It is a central government scheme that was introduced on 22 July 2019. This scheme was launched for shopkeeper's /retail traders and self-employed persons for providing monthly minimum assured pension of Rs 3000/- after attaining the age of 60 years. It is meant for old age protection and social security of small Scale traders and Retailers.

Pension scheme for Triple Talaq Victims

Submitted by sameer on Thu, 02/20/2020 - 17:35

Uttar Pradesh government announced Rs 500 monthly pension for triple talaq victims last year. The state minority department had started the process of identifying the same.

The UP government has made the first effort towards granting Rs. 6,000 per annum to triple talaq victims. While the budget presented on 19th February 2020 had no particular head for it, the minority department officials told TOI that the grant would be provided after reappropriation of funds.

National Pension System

Submitted by sameer on Wed, 02/19/2020 - 09:50

National Pension System (NPS) was launched by Government of India on 1st January, 2004. The main objective of the NPS is to provide retirement income to all the citizens of India. It aims to institute pension reforms and to  inculcate the habit of saving for retirement amongst the citizens. NPS has been started for all citizens of India including the unorganised sector workers on voluntary basis.