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Atal Pension Yojana (Atal Pension Scheme) CS MoF: 2015: Pension: Original form in 2010 as the Swavalamban Yojana. [72] A pension program that allows people to make voluntary contributions within a certain range with a matching government contribution to receive pension in the future. By September 2021, non-metros subscribers numbered 3,77,00 ...
Atal Pension Yojana (APY, translation: Atal's Pension Scheme), formerly known as Swavalamban Yojana (SY, translation: Self-Support Scheme), is a government-backed pension scheme in India, primarily targeted at the unorganised sector. It was mentioned in the year 2015 Budget speech by the Finance Minister Arun Jaitley. [1]
2000: Annapurna Yojana is introduced to provide eligible beneficiaries, who were not covered under NOAPS, 10 kg of free rice. [2] 2001: NMBS is transferred to the Department of Family Welfare. 2006: Monthly pension amount for NOAPS raised from ₹ 75 (87¢ US) to ₹ 200 (US$2.30) [2]
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
Pradhan Mantri Shram Yogi Maandhan is available to unorganized workers between 18 and 40 years of age. [3] Further, the monthly income of the worker should be below ₹ 15,000 (US$170). Under the scheme, the subscriber will receive a minimum assured pension of ₹ 3,000 (US$35) per month [4] after attaining the age of 60 years. However, to ...
The PFRDA ensures the orderly growth and development of pension market. PFRDA have set up a Trust under the Indian Trusts Act, 1882 to oversee the functions of the Pension Fund Managers (PFMs). The NPS Trust is composed of members representing diverse fields and brings wide range of talent to the regulatory framework.
Atal Pension Yojana; B. Bhamashah Yojana; E. ... Pradhan Mantri Suraksha Bima Yojana; S. Social security in India; T. The Code on Social Security, 2020; Y. Ayushman ...