Government through the Budget Speech announced three ambitious Social Security Schemes pertaining to the Insurance and Pension Sectors, namely Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and an the Atal Pension Yojana (APY) to move towards creating a universal social security system, targeted especially for the poor and the …
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Read More »
Government through the Budget Speech announced three ambitious Social Security Schemes pertaining to the Insurance and Pension Sectors, namely Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and an the Atal Pension Yojana (APY) to move towards creating a universal social security system, targeted especially for the poor and the …
To address the longevity risks among the workers in unorganized sector and to encourage the workers in unorganized sector to voluntarily save for their retirement, Government of India (GOI) announced Atal Pension Yojana (APY) in the budget 2015-16. Under the scheme, guaranteed minimum pension is being given from the age of 60 years, depending on the contribution …
Stand Up India scheme was envisaged for promoting entrepreneurship among SC/ST and Women entrepreneurs. The overall intent of scheme is to leverage institutional credit structure to reach out to the underserved of the population by facilitating bank loans between 10 lakh and 1 crore which is repayable up to 7 years for green field enterprises …
The Micro, Small and Medium Enterprises Development (MSMED) Act was notified in 2006 to address policy issues affecting MSMEs as well as the coverage and investment ceiling of the sector. MSMED Act (2006) provided for enterprises to register with DIC and file Entrepreneurs Memorandum (EM)1 & EM2. However, the process was difficult and need for hassle free …
