India is a “young” country with youth accounting for over 50% of the population. But once this young population starts aging, India may face a critical challenge because of an “unpensioned society” as over 90% of Indians aren’t covered under any pension scheme. To address this, the government launched Atal Pension Yojana (APY), an affordable scheme […]
NPS corpus grew by ₹25000 cr in 2014-15, says PFRDA chief
NPS corpus grew by ₹25000 cr in 2014-15, says PFRDA chief Expects assets under management to grow this year by ₹40,000-50,000 cr The subscriber base of the National Pension System (NPS) increased by about 18 lakh and its corpus grew by about ₹25,000 crore in FY15, according to Hemant Contractor, Chairman, Pension Fund Regulatory and […]
After Jan-Dhan, Prachar rolls out Jan-Suraksha campaigns
After successfully executing the multi-media campaign of Jan-Dhan Yojana, Mumbai-based Prachar Communications has bagged yet another project to roll out three revolutionary schemes that would change the face of India forever. After successfully executing the multi-media campaign of Jan-Dhan Yojana, Mumbai-based Prachar Communications has bagged yet another project to roll out three revolutionary schemes that […]
MODI GOVT PLANS MEGA LAUNCH OF INSURANCE AND PENSION SCHEMES
On the lines of Jan Dhan mega rollout, PM Narendra Modi will on May 9 launch social security insurance and pension schemes in Kolkata, while other ministers will unveil them in different cities. “There will be simultaneous functions across states. The enrolment for insurance and pension schemes will begin after the PM launches them. However, […]