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Swavalamban Pension Scheme

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Swavalamban pension plan targets 80 lakh subscribers by FY15

Government is targeting about 80 lakh (8 million) subscribers under its Swavalambam pension scheme, a part of the ambitious financial inclusion Jan-Dhan Yojana, by the end of this fiscal year, the......

The many loopholes of pension scheme for unorganised sector workers

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......

Why Atal Pension Yojana may struggle

Under the Atal Pension Yojana, contributors would get a fixed pension of Rs 1,000-5,000 a month, from the age of 60 years until they die. The Union government is keen to ensure financial security......

New pension plan for informal sector workers soon

The United Progressive Alliance government is set to roll out yet another social security plan -- Swavalamban -- that will provide lifelong pension of at least Rs 1,000 per month to workers engaged......

Join NPS, get Rs 1,000

The government on Friday announced an incentive of Rs 1,000 per year for those who join a new initiative under the New Pension Scheme (NPS) in 2010-11. "A new initiative, 'Swavalamban', will be......

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