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The Government of India has social welfare and social security schemes for India's citizens funded either by the central government, state government or concurrently. Schemes that the central government fully funds are referred to as "central sector schemes" (CS).
Indian airlines provide 50% concessions in its economy class, (with particular terms and conditions applied). Air India provides 45% concessions to older persons in wheel chairs and are allowed to board the plane first. Higher rates of interest to its senior citizens on certain savings plans which are run by the post offices and other private ...
India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension (now open for all) and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private ...
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It was funded by grants from the Government of India. [4] [5] This scheme has been replaced with Atal Pension Yojana, [6] in which all subscribing workers below the age of 40 are eligible for pension of up to ₹ 5,000 (US$59) per month on attainment of 60 years of age. [7] [8] This scheme was named after Atal Bihari Vajpayee, former prime ...
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[1] The Directive Principles of State Policy, enshrined in Part IV of the Indian Constitution reflects that India is a welfare state. Food security to all Indians are guaranteed under the National Food Security Act, 2013 where the government provides highly subsidised food grains or a food security allowance to economically vulnerable people.
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