Atal Pension Yojana

-

APY

The scheme was launched in 2015 in Kolkata by  Prime Minister Sri Narendra Modi to provide a guaranteed pension to vulnerable/ senior citizens of the country at old age for their ease of living, healthy and happy life. 

Eligibility: 

  • Subscriber should be at the age between 18 to 40 years. 
  • A saving bank account must be in post office or in bank.
  • Spouse details and nominee must be provided. 
  • Contribution can be done through auto debit at monthly or quarterly or half yearly basis. 
  • Persons belonged to unorganized sectors are eligible for this scheme.
  • Person who is paying income tax is not eligible for this scheme. 

Benefits: 

  • The scheme will provide guaranteed pension after aged 60 of the subscribers.
  • On death of subscriber pension will be provided to the spouse of the subscriber.
  • On the demise of both subscriber and the spouse the money accumulated will be paid to the nominee at aged 60.
  • Pension money will vary between 1000 to 5000 per month depending upon the contribution.
  • Government of India will deposit 50% of the total contribution or 1000 rupees per year  whichever is minimum in each  beneficiary  account for the period of five year to those who enrolled between 1June 2015 to 31 March 2016.
  • Currently more than 3.3 crore people have registered 
Note - the pension fund regulatory and development authority act was passed on 19th  September 2013, and the same was notified on 1st February, 2014. PFRDA regulating NPS subscribed by the government of India employees,  private institutions/ organizations. 

 Links-

https://www.india.gov.in/hi/spotlight/%E0%A4%85%E0%A4%9F%E0%A4%B2-%E0%A4%AA%E0%A5%87%E0%A4%82%E0%A4%B6%E0%A4%A8-%E0%A4%AF%E0%A5%8B%E0%A4%9C%E0%A4%A8%E0%A4%BE

https://www.pfrda.org.in/index1.cshtml?lsid=682

https://www.npscra.nsdl.co.in/enrollment-details-of-apy.php

https://pib.gov.in/PressReleasePage.aspx?

PRID=1751093


Topic- 

welfare schemes for vulnerable sections of the population of the country 

Mains paper- GS 2nd 

 


Comments

Post a Comment

Popular posts from this blog

ALGAL BLOOM?

-
Image
 ALGAL BLOOM   Keywords :  Alga (singular subject/ noun) Algae ( plural subject/noun) Mycrocystis (alga) microcystin( toxin / poison) DO: oxygen dissolved in water, generally 4mg/l required to sustain the life in water.  Eutrophication   (Neutrients enrichment in water bodies ) : The excess of fixed nitrogen builds up in streams and lakes where provides extra food for microorganisms and causes a bloom in the population of algae. The algae population eat up oxygen and eventually, brings the waterbody on the brinks of death. Algal bloom in river  Algal bloom( algal pollution) is a condition of excessive sudden  population growth of algae on the surface of water bodies in mat form because of sudden increase of nutrients like nitrogen and phosphorus that leads food chain disturbance in water bodies. Actually microscopic plants( algae) are unicellular, aquatic, roots, and leaves. Algae are required nutrients for growth by the process of photosynthesis; ...
Read more

Sati

-
  Topic.        Indian society .        Modern history   Issues related to women during colonial period  Prelims  Mains GS1  Sati   It was a orthodox evil practice to burn widow alive on her husband's pyre without her will. This practice was largely followed by the higher classes of the society.  It was William bentinck who made it a crime against humanity in 1829 and strongly supported by  Rajaram Mohan Ray. It was the main achievement of British government in India to to modernise the societies of India  Government of India passed an act in 1856 to enable widow remarriage  and  Pandit Iswar Chandra Vidya Sagar had requested for making law regarding widow remarriage.  Government of India tried to practice of killing women infanticide and dowry system.
Read more

Zika Virus

-
Topic.                Health diseases                                                             Prelims   Zika virus Zika virus disease is caused by a virus transmitted primarily by Aedes Mosquitoes and Albopictus Mosquitoes, which bite during the day.  Zika is Mosquitoes borne virus that spread through the bite of an infected  Aedes species of Mosquitoes named Aedes Aegypti and Albopictus Mosquitoes by a virus called Zika.  Zika virus is caused by the Same Mosquito that causes Dengue. According to the WHO the Aedes Mosquitoes usually bite during the day, peaking during early morning and late afternoon or evening.  What is mean by Mosquitoes borne virus? Borne means carried by or moved by a particular thing such as airborne diseases in which diseases is carried by one pla...
Read more