Posts

Showing posts with the label pensions

121 crores released towards Government of India co-contribution in Atal Pension Yojana (APY)

Image
121 crores released towards Government of India co-contribution in Atal Pension Yojana (APY); Total number of subscribers registered under APY as on 12th April 2018 has crossed 97.60 lakhs. Atal Pension Yojana (APY) is being implemented through the APY Service Providers comprising of Public Sector Banks(PSBs), Private Sector Banks, Regional Rural Banks (RRBs), Cooperative Banks and Department of Post both in urban and rural areas across the country. The total number of subscribers registered under APY as on 12 th   April 2018 has crossed 97.60 lakhs. The scheme provides for a co-contribution from Government of India for those who have registered before 31/3/2016 with an amount of 50% of the subscribers contribution up-to a maximum of Rs. 1000/- and these subscribers will be eligible for co-contribution for a period 5 years from 2015-16 to 2019-20 only those subscribers who are not income tax payers and not part of any other social security schemes are eligible for Gove...

Innovative practices must come into farm sector to make it sustainable & profitable: Vice President

Image
Farmers must diversify and take up allied activities like poultry, dairy and fisheries; Addresses Golden Jubilee Celebrations of Assam Agricultural University The Vice President of India, Shri M. Venkaiah Naidu said that innovative practices must come into farm sector to make it sustainable and profitable. He was addressing the inauguration of year long Golden Jubilee Celebrations of Assam Agricultural University, in Jorhat, Assam today. The Governor of Assam, Shri Jagadish Mukhi, the Minister for Agriculture, Assam, Shri Atul Bora and other dignitaries were present on the occasion. The Vice President said that achieving self sufficiency in the pulses and oilseed sector is challenge before the country. I am sure that with the dedication demonstrated by our agriculturists and the cutting edge research being conducted in our laboratories, we will achieve self sufficiency even in these two crops soon, he added.  The Vice President said that India needs to respond effect...

PM wishes people on World Health Day

Image
Prime Minister Shri Narendra Modi has wished people on World Health Day.  PM said, " Good health is the foundation of human progress. This World Health Day, I wish all of you remain in the best health and continue to scale new heights of growth.  I welcome the theme ‘Universal health coverage: everyone, everywhere’ that has been chosen by WHO and others. It is the quest for Health For All that inspired us to create Ayushman Bharat, the largest healthcare programme in the world. "

Cabinet approves demerger and transfer of surplus land from TCL to HPIL

Image
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the transfer of administrative control of Hemisphere Properties India Ltd. (HPIL), PSU from the Department of Telecommunications (DoT) to the Ministry of Housing and Urban Affairs (MoHUA) after infusion of equity amounting to Rs. 700 crore and Rs. 51 cr. secured GOI Loan into the Company and implementation of scheme of arrangement for de-merger of surplus land. Details: Infusion of equity amounting to Rs 700 Crores into Hemisphere Properties India Ltd. (HPIL) the Company for acquisition of 70 Crore Cumulative Redeemable Preference Shares of Rs. 10/- each at par on private placement basis and Rs. 51 cr. through secured Loan from GOI at coupon rate/ interest rate to be fixed by the Department of Economic Affairs and to implement the scheme of arrangement. b)     Granting an exemption to HPIL from the policy of Government of India relating to Foreign Direct Investment in real estate busi...

Now 97.05 lakh subscribers base under Atal Pension Yojana

Image
At the end of Financial Year 2017-18 , 97.05 lakh subscribers have enrolled under Atal Pension Yojana. The incremental addition of 48.21 lakh subscribers was a 98% more than previous Financial Year 2016-17 figure of 48.83 lakhs. PFRDA appreciates the efforts taken out by the APY Service Providers (Banks/DoP) for their contribution towards making India a Pensioned Society. PFRDA has taken various initiatives for the expansion of outreach and ease the operations under APY. Online facility to view Statement of Account and ePRAN card was enabled for the ease access of account of APY subscribers, going ahead mobile applications for empowering the subscribers to view transactions and other details of their APY account was introduced. For the convenience of the subscriber and promoting the digital initiatives of GOI , PFRDA introduced the online registration facility through eNPS Channel by login to a website  www.enps.nsdl.com   without any requirement o f  physic...