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The Employees' Pension Scheme (EPS) has been controlled by the EPFO since 1995. The main advantage of this scheme is to provide social security to PF members. Under this scheme, employees working in the organised sector can gain pension benefit after reaching age 58. This EPS applies to new and existing members.
Based on a study of social pensions in three states (Delhi, Haryana and Uttar Pradesh) in 2014, the World Bank [47] makes a case for scaling up social pensions in India. The study raises four important points regarding expanding coverage of social pensions: "First, an expansion in coverage by adding more numbers (as Haryana has done) is likely ...
Map of assembly constituencies in Haryana. The Haryana Legislative Assembly is the unicameral legislature of Haryana state in India. The seat of the Legislative Assembly is at Secretariat Building in Chandigarh, the capital of the state. The term of the Legislative Assembly is five years, unless dissolved earlier.
Government of Haryana, also known as the State Government of Haryana, or locally as the Haryana Government, is the supreme governing authority of the Indian state of Haryana and its 22 districts. It consists of an executive , ceremonially led by the Governor of Haryana and otherwise by the Chief Minister , a judiciary , and a legislative branch.
India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension (now open for all) and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private ...
The pension expenditure of Central Government in 1990-91 was 0.38 per cent of GDP and 3.9 per cent of net revenue amounting to 2,138 crores. [13] In 1993-94, the pension liability jumped to 0.6 per cent of GDP at 5,206 crores. [14] The pension cost for exchequer was growing at a CAGR of 21% per annum in the 1990s.
Haryana is bounded by the Shivalik (Himalaya's foothills) in the northeast, Yamuna in the east which enters Haryana in the northeast from Shivalik hills and it forms the natural border between Haryana and Uttar Pradesh, Aravalli in South Haryana which also includes Mewat and Ahirawal as well as parts of Vedic era region of Braj and Matsya ...
This department came into existence when Haryana was established as a new state within India after being separated from Punjab. Abhimanyu Sindhu is the cabinet minister responsible for this department from October 2014.