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The scheme, rechristened Maternity benefits programme is set to cover the entire nation. Prime Minister Narendra Modi, in his 2017 New Year's Eve speech, announced that the scheme will be scaled up to cover 650 districts of the country. [7] The announcement assumes significance as India accounts for 17% of all maternal deaths in the world.
The first urea subsidy scheme was in 1977 in the form of Retention Price cum Subsidy scheme (RPS). From ₹ 4,389 crore (US$2.51 billion) in 1990 to ₹ 75,849 crore (US$17.43 billion) in 2008. As %ofGDP this is an increase from 0.8% to 1.5%. In 2022-23 financial outlay is ₹ 63,222 crore (equivalent to ₹ 710 billion or US$8.2 billion in 2023).
The NSAP includes three components: National Old Age Pension Scheme (NOAPS), National Family Benefit Scheme (NFBS), and National Maternity Benefit Scheme (NMBS). 2000: Annapurna Yojana is introduced to provide eligible beneficiaries, who were not covered under NOAPS, 10 kg of free rice. [2]
The third programme is Child Care Benefit. The Family Tax Benefit Part A is paid for dependent children up to 20 years of age, and for dependent full-time students up to the age of 24 (who are not getting Youth Allowance or similar payments such as ABSTUDY and Veterans' Children Education Supplement).
The Baby Bonus Scheme (formerly known as Child Development Co-Savings Scheme) was first introduced in Singapore on 1 April 2001. The scheme is continuously enhanced since its inception till 2021. The objective is to improve the country's fertility rate by providing cash incentives, with the hope of reducing the financial burden of raising ...
Direct Benefit Transfer [a] or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This scheme or program aims to establish a Giro system to transfer subsidies directly to the people through their linked bank accounts. It is hoped that crediting subsidies into bank accounts will ...
In 2019, for retirement and spousal benefits, for the family of an individual who is at least 62 years old or dies in 2019 before the age of 62, the total amount of benefits payable cannot exceed 150 percent of the first $1,184 of the worker's PIA, plus 272 percent of the worker's PIA over $1,184 through $1,708, plus 134 percent of the worker's ...
In 2008, The Economist described Bolsa Família as an "anti-poverty scheme invented in Latin America [which] is winning converts worldwide." [ 2 ] The program was a centerpiece of former president Luiz Inácio Lula da Silva 's social policy and is reputed to have played a role in his victory in the general election of 2006 . [ 3 ]