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Pradhan Mantri Jeevan Jyoti Bima Yojana (Prime Minister Jeevan Jyoti Insurance Scheme) is a Government-backed life insurance scheme in India. It was originally mentioned in the year 2015 budget speech by the then-Finance Minister, Arun Jaitley in February 2015. [1]
In Odisha, for instance, all elderly above 59 years of age and widows whose annual income from all sources is below ₹ 24,000 (US$280) are eligible for the Madhu Babu Pension Scheme. [11] As the Indira Gandhi National Widow Pension Scheme (IGNWPS) only covers widows aged 40–59, some State Governments have launched state widow pension schemes.
Schemes that the central government fully funds are referred to as "central sector schemes" (CS). In contrast, schemes mainly funded by the center and implemented by the states are "centrally sponsored schemes" (CSS). [1] In the 2022 Union budget of India, there are 740 central sector (CS) schemes. [2] [3] and 65 (+/-7) centrally sponsored ...
The "LIC's Bima Sakhi Yojana" [27] scheme is a significant program introduced by the Life Insurance Corporation of India (LIC) under the guidance of the Government of India [28]. The scheme was officially inaugurated by Prime Minister Narendra Modi [29] [30] [31] on December 9, 2024, in Panipat, Haryana. The program aims to empower women by ...
The entire 12% contribution of the employee goes towards the Employees’ Provident Fund Scheme (EPF), while from the employer's share of 12%, 3.67% goes to the Employees’ Provident Fund and 8.33% goes towards the Employees’ Pension Scheme (EPS) along with 1% contribution of the government while 0.5% contribution of the employer goes to the ...
Mature drivers can often snag lower car insurance premiums and access special discounts that can put hundreds back in your wallet each year. Learn 8 proven ways to maximize savings on auto ...
The scheme is envisaged to help senior citizens over 60–75 years of age to undertake pilgrimage on trains with government assistance [52] ଉଜ୍ଜ୍ବଳ ଯୋଜନା Ujjwal Scheme: 7 April 2016: School & Mass Communication Department: Education: Improve primary and secondary school education.
Occupational pension schemes: Individual pensions Oman: No: Social insurance system: N/A: N/A Pakistan: No: Social insurance system: N/A: N/A Papua New Guinea: No: Mandatory occupational retirement system: N/A: N/A Philippines: Social assistance: Social insurance system: N/A: N/A Poland: Basic pensions for mothers of four or more children from ...