 "Govt unveils universal social security and pension schemes")
New Delhi: Finance Minister Arun Jaitley today announced a slew of low-cost pension and insurance schemes, including Atal Pension Yojana and Universal Social Security scheme.[caption id=“attachment_2125433” align=“alignleft” width=“380”]  Giving more pensions. Reuters[/caption] Atal Pension Yojana will provide defined pension according to contribution. Of this, 50 percent contribution would be made by the government, he said while presenting the Budget for 2015-16 in the Lok Sabha. “The government proposes to work towards Universal Social Security for all Indians,” he said. Besides, the government proposes to launch PM Suraksha Bima Yojana to increase the access to insurance. It will be linked Pradhan Mantri Jan Dhan Yojana. The scheme will offer coverage of Rs 2 lakh for premium of just Rs 12 a year, he said. “These social schemes reflect our intention that no person suffers from avoidable pain due to illness, old age,” he said. PTI
The government proposes to launch PM Suraksha Bima Yojana to increase the access to insurance. It will be linked Pradhan Mantri Jan Dhan Yojana.
Advertisement
End of Article
Written by FP Archives
see more
 "Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty")
 "Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched")
 "Who is CP Radhakrishnan, India's next vice-president?")
 "Israel informed US ahead of strikes on Hamas leaders in Doha, says White House")
 "Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty")
 "Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched")
 "Who is CP Radhakrishnan, India's next vice-president?")
 "Israel informed US ahead of strikes on Hamas leaders in Doha, says White House")
](https://images.firstpost.com/wp-content/uploads/2015/02/rupee-reuters.jpg){kind=link}