Pradhan Mantri Shram Yogi Maandhan (PMSYM) is a central government scheme that is for old age protection and social security of Unorganized Workers (UW). Contribution by the UW Subscriber: Via ‘auto-debit’ facility from their savings bank account or Jan- Dhan account from the date of joining PMSYM till the age of 60 years. The Central Government will also give an equal … [Read more...]
Pradhan Mantri Kisan Maan Dhan Yojana
Indian Prime Minister Narender Modi has launched the Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY) on 12th September 2019 at Ranchi (Jharkhand). The scheme provides social security to Small and Marginal Farmers in the old age when they have no means of livelihood and minimal. PM-KMY Scheme is a central sector scheme for the farmers aged between 18 to 40 years. The scheme is … [Read more...]
Kisan Credit Card Loan Scheme
The Kisan Credit Card (KCC) scheme was launched in 1998 to provide short-term formal credit to farmers and it was created by NABARD (National Bank for Agriculture and Rural Development). The scheme was launched by the Government of India To fulfill the credit requirement for farmers in some necessary fields such as agriculture, fisheries, and animal husbandry sectors. The … [Read more...]
Jeevan Pramaan Patra
After retirement, most of the senior citizens are dependent on pensions, which is the sole mode of income for many retired persons. Both Central and State Government employees are also getting a pension on monthly basis after retirement. Therefore, to encourage financial independence after retirement, the Government introduced various sponsored pension schemes to help … [Read more...]
Kisan Vikas Patra
Kisan Vikas Patra is a small saving certificate scheme introduced by the Indian post office in 1988. The main object of the scheme is to encourage people to long term financial discipline. It is a low-risk savings platform, where you can safely park your money for a certain period. It doubles with a lump sum investment in approximately 10 years & 4 months (124 months) if … [Read more...]