#NarendraModi #Atal #Pension #Yojna – With an aim to widen the reach of the (#APY) among informal sector workers, the government today said it has modified the flagship programme to give subscribers an option to make contribution on a monthly, quarterly or half-yearly basis. “To increase the acceptability of the scheme amongst informal sector workers, […]
SBM leads special drive on social security schemes
#StateBankofMysore #PMSBY #PMJJB #AtalPensionScheme – The State Bank of Mysore, in association with other banks and insurance agencies, launched a special drive in the city on Thursday to increase coverage of social security schemes launched recently by the Centre. This include the Pradhan Mantri Suraksha Bhima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima (PMJJB) and […]
Awareness meet on PM, Atal schemes today
Awareness meet on PM, Atal schemes today #GUWAHATI #PMSBY #PMJJBY #AtalPensionYojana #PradhanMantri – A meeting for awareness on the Prime Minister’s social security schemes namely Pradhan Mantri Suraksha Bima Yojana(PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Atal Pension Yojana(APY) and Pradhan Mantri Mudra Yojana will be held on July 15 at the Satyanath Bora […]
Insurance companies face steep challenges from Pradhan Mantri Jeevan Jyoti Bima Yojana
#NarendraModi #LifeInsuranceCorporation #lifeInsurance, #PMJJBY #AtalPensionYojana #ICICIPrudential Insurance companies are finding it tough to compete with the government’s ultra-cheap scheme, Pradhan Mantri Jeevan Jyoti Bima Yojana, as they unable to match the state at the lower end of the life cover business. Under the scheme, the government offers life insurance cover of Rs 2 lakh for a premium of Rs […]
PFRDA roping in banks to tap NRIs for National Pension Scheme
PFRDA roping in banks to tap NRIs for National Pension Scheme. Earlier there was some ambiguity regarding NRIs’ investing in the pension schemes, but the Reserve Bank has now clarified on the same which will help PFRDA to attact them in a big way. The Pension Fund Regulatory and Development Authority is in talks with […]
How Good Are New Government Schemes?
How Good Are New Government Schemes? For long, people looked at only specific products like the public provident fund and traditional life insurance plans for investments. But things have undergone a change since the recent launch of new financial schemes by the government. People are queuing up to buy them. Around eight crore people have already […]
Tax treatment of Atal Pension scheme unclear, says PFRDA
Tax treatment of Atal Pension scheme unclear, says PFRDA. The tax treatment of the recently launched Atal Pension Yojana lacks clarity and even the country’s pension fund regulator PFRDA itself is in dark. Subscribers too said they do not know about the tax treatment on this product as banks were unable to give taxation related […]
States important partners in implementing labour welfare measures, Union minister says
States important partners in implementing labour welfare measures, Union minister says. Bandaru Dattatreya, minister of state (independent charge) for labour and employment said on Monday, state governments are “important partners in the implementation of the labour welfare measures.” Dattatreya was speaking at the regional labour ministers’ conference for north central region at Lucknow on today. […]
Over 1.81 Lakh people register for Central Govt’s insurance schemes
Over 1.81L people register for Central Govt’s insurance schemes. Total 1 lakh 81 thousand and 6 hundred 673 people in Hoshangabad district got registered their names for Pradhan Mantri Jeevan Jyoti, Pradhan Mantri Jeevan Suraksha Beema Yojna and Atal Pension Yojna till date. District Collector Sanket Bhondwe himself is taking interest in the mission during […]
Everybody needs pension, especially the unorganised
‘Everybody needs pension, especially the unorganised’ Atal Pension Yojana will draw in many new customers, says LIC Pension Fund MD The Atal Pension Yojana introduced recently by the Centre (aimed at the common man) is likely to metamorphose the pension sector in India, which already has over ₹8-lakh crore of assets under management. The funds […]
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