Pension Scheme Current Affairs - 2019

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All about PM Kisan Maan Dhan Yojana

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 small and marginal farmers of the country. It is first of its kind pension coverage Read More…

Month:  Categories: Government Schemes & Projects

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Pradhan Mantri Shram Yogi Maan-Dhan (PM- SYM)

The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) announced in the interim budget 2019 has been notified by the Ministry of Labour and Employment. Features of the PM-SYM PM-SYM is a voluntary and contributory pension scheme on a 50:50 basis where prescribed age-specific contribution shall be made by the beneficiary and the matching contribution by the Read More…

Month:  Categories: Government Schemes & ProjectsUPSC

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Madhu Babu Pension Yojana

The government of Odisha announced a hike of Rs 200 per month in the social security pension under Madhu Babu Pension Yojana (MBPY). The Madhu Babu Pension Yojana (MBPY) is a pension scheme under the Department of Social Security and Empowerment of Persons with Disabilities for the disabled, old age persons in the state of Odisha. The Scheme was instituted Read More…

Month:  Categories: Government Schemes & ProjectsStates

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

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 taken as part of Government commitment to financial inclusion and social security. It will boost Read More…

Month:  Categories: Government Schemes & Projects

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