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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 ...
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.
Restoration of normal pension after completion of fifteen years from the date of such commutation, in respect of those members who availed the benefit of commutation of pension under the erstwhile paragraph 12A of the EPS, 1995, on or before 25.09.2008 vide notification G.S.R.132(E) dated 20.02.2020. [16]
North Haryana Narwana towards Kaithal on Delhi–Amritsar–Katra Expressway for the south-central Punjab, with existing road and rail links and the proposed Narwana Airport. Safidon as spoke; East Haryana Karnal, on NH1 with containerized road and rail cargo for textile, hosiery, and scientific equipment. Pehowa as spoke
Chandigarh is the capital of Haryana and houses the Haryana Vidhan Sabha (Legislative Assembly) and the secretariat. The city also serves as the capital of Punjab, and is a union territory of India. The present Legislative Assembly of Haryana is unicameral, consisting of 90 members of the legislative assembly (MLAs). Its term is five years ...
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 ...
The larger state of Punjab had been formed under the States Reorganisation Act, 1956 by merging East Punjab and PEPSU. The 1966 separation was the result of the Punjabi Suba movement, which agitated for the creation of a Punjabi-speaking state (the modern state of Punjab); in the process a majority Hindi-speaking state was created (effectively ...
This department came into existence when Haryana was established as a new state within India after being separated from Punjab. Dushyant Chautala is the minister responsible for this department from November 2019.