Economic Survey backs Universal Basic Income

The Economic Survey 2016-17 tabled in Parliament has advocated for the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty. It suggests that a more efficient way to ..

Month: Current Affairs - February, 2017

Union Cabinet gives approves Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014

The Union Cabinet has given its ex-post facto approval for the Varishtha Pension Bima Yojana (VPBY) 2003 and Varistha Pension Bima Yojana (VPBY) 2014. The Cabinet also granted approval for expenditure incurred on subsidy amount released to LIC for the ..

Month: Current Affairs - September, 2016

India, Japan ink Social Security Agreement

India and Japan have signed a Social Security Agreement (SSA) and will come into force on 1 October 2016. The SSA will benefit Indian and Japanese professionals and skilled workers working in each other’s country and will also boost bilateral ..

Month: Current Affairs - July, 2016

India-Australia Social Security Agreement comes into operation

India-Australia social security Agreement signed between both countries came into operation. This agreement will enable people of both nations to avail retirement benefits in each other’s country and will boost bilateral business linkages. Key facts The social security Agreement will ..

Month: Current Affairs - January, 2016

India US Totalization agreement

Totalization agreements are international social security agreements that eliminate dual social security taxation, both in the home country and the country where an employee works. Once it is signed it would benefit workers of both the countries. What is a ..

16 October: World Food Day

Every year 16 October is being observed as World Food Day (WFD). Significance of Day: It aims to raise public awareness about hunger challenges and encourage people around the world to take action in the fight against hunger. It is ..

Month: Current Affairs - October, 2015

Union Government launches Suraksha Bandhan drive in Mission Mode

Union Government has launched Suraksha Bandhan drive in a Mission Mode through participating insurance companies and banks. The drive aims at taking forward Union Government’s objective of creating a universal social security system in the country, especially for the poor ..

Month: Current Affairs - August, 2015

Agreement signed b/w India & Finland to boost cooperation on social security

India and Finland inked pact in New Delhi to boost bilateral cooperation on social security. Subsequent to the agreement: No social security contribution will be paid by detached Indian nationals working on a short term contract up to 5 years ..

Month: Current Affairs - June, 2012

Rajasthan: Web based Social Security Pension System launched

A web based Social Security Pension System launched by the Rajasthan Govt at Jaipur. It is an e-Governance initiative for efficient and timely payout of pension and in turn would speed up the entire procedure from approval to disbursement of ..

Month: Current Affairs - December, 2011

Category: Government Schemes Current Affairs

National Social Assistance Programme

The National Social Assistance Programme (NSAP) is a welfare programme being administered by the Ministry of Rural Development. This programme is being implemented in rural areas as well as urban areas. NSAP represents a significant step towards the fulfilment of ..