Agartala : The BJP-led government in Tripura will continue with all 30 of the pension schemes introduced by the previous Left Front government that is benefiting 4,05,175 people, a Minister said here on Monday. An amount of Rs 26.78 crore is being spent every month...
Senior citizens should get meaningful pension: SC
New Delhi : The Supreme Court on Thursday said that senior citizens should get a meaningful pension to live with dignity, and not just the equivalent of Rs 92 at current value. The apex court said the State was "obligated to ensure" that the right to live with dignity...
58 million Indians living without pension: Survey
New Delhi : Fifty eight million people in India are living without pension or any other form of assistance, civil society organisation Pension Parishad has said. Citing the State of Pensions in India Report 2018, Economist Prabhat Patnaik said the Central government...
Global policy trends that should interest Indian infrastructure sector
By Taponeel Mukherjee, In a world where trade wars dominate news headlines, trade in goods is interesting, but trade in capital is no less exciting. The Indian infrastructure ecosystem should take note of some policy and regulatory changes globally over the last few...
Scheme for pension to freedom fighters extended
New Delhi : The Union Cabinet on Wednesday approved the continuation of a scheme for providing monthly pension to freedom fighters beyond the 12th plan period, up to 2020, an official statement said. The statement said the Union Cabinet chaired by Prime Minister...
Tata Steel separates itself from British Steel Pension Scheme
Mumbai : Tata Steel UK on Monday said it has separated itself and a number of affiliated companied from the British Steel Pension Scheme (BSPS), following the regulator's confirmation on its pensions deal. "Tata Steel UK has received confirmation from the Pensions...
Age limit to join NPS raised to 65 years: Regulator
New Delhi : The Pension Fund Regulatory and Development Authority (PFRDA) on Monday announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60. Chairman PFRDA Hemant Contractor made the...
Tata Steel UK signs new pensions deal
Mumbai : Tata Steel UK on Friday said it has signed the documentation for a Regulated Apportionment Arrangement (RAA) with the trustee of the British Steel Pension Scheme, offering more "sustainable outcomes for pensioners, employees and the business". When the...
Jaitley launches pension plan for senior citizens with 8% assured return
New Delhi : Finance Minister Arun Jaitley on Friday formally launched a pension scheme for senior citizens with an assured return rate of eight per cent, favouring efficiency with social security. "Banks have to lend at feasible rates, while senior citizens want...
Odisha hikes pension given to World War II soldiers
Bhubaneswar, (IANS) : The Odisha government on Wednesday increased the financial assistance or pension given to the war veterans, who fought in the Second World War, and for their widows from Rs 1,000 to Rs 6,000 per month. "Chief Minister Naveen Patnaik has approved...