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The Government of India launched the Gareeb Kalyan Rojgar Abhiyaan (GKRA) initiative to tackle the impact of COVID-19 on shramik (migrant) workers in India. [1] It is a rural public works scheme which was launched on 20 June 2020 with an initial funding of ₹ 50,000 crore (equivalent to ₹ 590 billion or US$7.1 billion in 2023).
Pension: Contribution-based pension system. For government employees in 2004 and the general public in 2009. Deendayal Disabled Rehabilitation Scheme: CS MoSJE: 2003: Social Justice: Original form was the 1999 scheme to Promote Voluntary Action for Persons with Disabilities, with the aim of implementing Persons With Disabilities Act, 1995.
The National Social Assistance Programme (NSAP) is a Centrally Sponsored Scheme of the Government of India that provides financial assistance to the elderly, widows and persons with disabilities in the form of social pensions. The NSAP scheme only includes Below Poverty Line individuals as beneficiaries.
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.
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.
A pension created by an employer for the benefit of an employee is commonly referred to as an occupational or employer pension. Labor unions, the government, or other organizations may also fund pensions. Occupational pensions are a form of deferred compensation, usually advantageous to employee and employer for tax reasons.
Minutes of the U.S. Federal Reserve's half-a-percentage-point rate cut last month, to be released on Wednesday, may provide a final word on just how divided policymakers were over a decision that ...
Rajasthan Cricket Association's Rajasthan cricket team won the Ranji Trophy in 2011 for the first time in the 77-year history of the tournament, by beating Baroda on 15 January 2011 at Vadodara. They gained another title win in the 2011/12 seasons. Prior to this, Rajasthan had finished runners-up eight times between 1960 and 1974. [citation needed]