The Union government is keen to ensure financial security for unorganised sector workers
'The informal sector can grow at a 100 per cent rate -- we have to plan big.'
All those years of contributions not adding up to a big reward definitely makes the scheme unappealing.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.
The meeting will review annual financial performance of public sector banks, credit offtake in the economy, priority sector lending and progress made under various social sector schemes, including Atal Pension Yojana (APY) and Pradhan Mantri Jan Dhan Yojana.
Finance Minister Arun Jaitley announced several reforms.
Modi will address the rally at village Nagla Chandrabhan in Mathura of Uttar Pradesh, which is Upadhyay's birth place.
He advised banks to facilitate appropriate credit expansion.
Lack of awareness about the scheme, especially in villages, has created a situation where expectations are turning into disappointment.
The NDA government has asked states to enrol all MNREGA workers under the three newly-launched social security schemes.
Four recent instances help us understand why Prime Minister Narendra Modi could truly be called the chief human resources officer (CHRO) of the country.
On the International Women's Day, Prime Minister Narendra Modi on Sunday denounced crimes against women, saying "our heads hang in shame", and announced that the government is setting up 'One-Stop-Centres' besides a helpline for those facing violence, abuse or harassment.
The Budget will 'further reignite our growth engine, signalling the dawn of a prosperous future.'
He said though there was a "ray of hope", certain issues he had flagged remained unresolved.
55 million people already in the social security net
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Denmark has been rated as the country with the best retirement system in the world.
According to official statistics, half of India's GDP comes from as many as 420 million workers in the unorganised sector including street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, among others. This massive workforce remains outside the purview of the formal banking and insurance industries.
'The social security system in India provides minimal support to the elderly poor,' says Geetanjali Krishna.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
'India is the only country whose economy is strong and growing fast.'
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
Prime Minister Modi has said it is their small units that drive the Indian economy.
Finance Minister Arun Jaitley more than halved the central government's financial support.
Here is what you must not think before buying life insurance, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance
This mindless medley of products does not create choice.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
He also emphasised on the need for saving water and planting trees to preserve the environment.
Rahul Gandhi on Monday sharpened his attack on Prime Minister Narendra Modi, accusing his "suit-boot" government of being pro-industrialists while ignoring the plight of farmers and farm labour
The best investment schemes fail if they don't offer incentives to intermediaries to push investors.
This Budget signals a shift from a hand-out to a hand-up economy.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
NDA government has shunned populism.
Indian economy about to take-off
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