Page-3 of Social Security
ESIC wins ISSA GOOD Practice Award, Asia and Pacific 2018
Employees’ State Insurance Corporation (ESIC) was awarded ISSA (International Social Security Association) ISSA Good Practice Award for Administrative Solution for Coverage Extension at Regional Social Security Forum for Asia and Pacific held at Kuala Lumpur, capital Malaysia. The award was ..
Month: Current Affairs - October, 2018
AP government approves an unemployment allowance scheme “Mukhyamantri Yuva Nestam”
The Andhra Pradesh Cabinet has recently approved an unemployment allowance scheme “Mukhyamantri Yuva Nestam” through which an allowance of Rs 1000 per month will be provided to unemployed youth in the state. Unemployed youths with a degree or diploma between ..
Atal Pension Yojana’s subscriber base crosses 1 crore mark: PFRDA
According to Pension Fund Regulatory and Development Authority (PFRDA), the subscriber base of Atal Pension Yojana (APY) has crossed 1 crore subscribers mark since its launch in May 2015. Till date, the scheme has collected Rs. 3,950 crore of contribution ..
Month: Current Affairs - May, 2018
EPFO launches View Pension Passbook Service on Umang App
Retirement fund body Employees’ Provident Fund Organisation (EPFO) has launched View Pension Passbook Service for pensioners on Umang App. This facility was launched part of EPFO’s plan to go paperless by August this year and provide all services online. It ..
Month: Current Affairs - May, 2018
Pradhan Mantri Vaya Vandan Yojana: Cabinet doubles investment limit for senior citizens
The Union Cabinet has approved doubling of investment limit from Rs 7.5 lakh to Rs 15 lakh under Pradhan Mantri Vaya Vandana Yojana (PMVVY). It also extended time limits for subscription from ay 2018 to March, 2020. These decisions were ..
Month: Current Affairs - May, 2018
CCEA approves enhancing coverage of Pradhan Mantri Rojgar Protsahan Yojana
The CCEA chaired by Prime Minister Narendra Modi, has approved proposal of enhancing scope of Pradhan Mantri Rojgar Protsahan Yojana (PMRPY). The Central Government will now contribute Employer’s full admissible contribution for first 3 years from date of registration of ..
Month: Current Affairs - March, 2018
Atal Pension Yojana reaches subscriber base of 80 lakh
The Pension Fund Regulatory and Development Authority of India (PFRDA) has announced that Atal Pension Yojana (APY) run by it has reached a subscriber base of 80 lakh and is growing at good pace. Uttar Pradesh is the highest contributing ..
Month: Current Affairs - January, 2018
India ranks 43rd in 2017 Global Retirement Index
India was ranked last at 43rd position in 2017 Global Retirement Index (GRI) published by French asset management company Natixis Global. The index ranks 43 countries on the basis of four factors viz. the material means to live comfortably in ..
Month: Current Affairs - August, 2017
Government releases Draft Labour Code on Social Security & Welfare
The Union Labour Ministry has proposed a labour code which will provide social security cover to the entire workforce in the country, including self-employed and agricultural workers. In this regard, it has proposed a draft code on Social Security and ..
Month: Current Affairs - March, 2017
India, Germany ratify 2011 Pact on Social Security Investment
India and Germany have ratified a comprehensive Social Security Agreement (SSA) to improve investment flows between the two countries. The agreement was signed in October 2011 and its instruments of ratification were exchanged in February 2017. It will come into ..