Old Age Pension Schemes

Telangana Chief Minister K Chandrasekhar Rao Tuesday assured Rs one lakh farm loan waiver, besides increasing assistance under the Rytu Bandhu scheme to Rs 10,000 per annum from the current Rs 8,000 if the TRS was voted to power once again.

The Supreme Court yesterday said that the National Social Assistance Programme (NSAP), which deals with pensions for elderly and other issues, was "prima facie" a good scheme but there were "huge gaps" in its implementation which needed to be filled.

Senior citizens from across the country will stage a protest in the national capital on Sunday to draw the government's attention towards their measly pension of Rs 200 per month and to demand a universal social security scheme to cover all those aged 65 and above.

The scheme will be implemented through Life Insurance Corporation of India (LIC) in the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions.

In India, more than half of the population of older persons, particularly in rural areas, continue to suffer from financial problems leading to a miserable situation in old age and about two-third of the older people have to depend on others for their day-to-day maintenance.

To enable Indians living abroad to access old age income security, the Reserve Bank of India (RBI) has allowed non-resident Indians (NRIs) to subscribe to the National Pension System (NPS).

'Coming to the aid of a 95-year old man who was denied old age pension on the ground that he was fit enough to work, The Madras High Court in Madurai on Friday ordered that he be provided the financial assistance within four weeks.

After leading India's second largest software services firm Infosys, its co-founder S D Shibulal and his wife are now working for social causes like education, child cardiac surgeries, old age pension schemes and organic farming.

Old age pension is likely to be linked with inflation index on the pattern of MNREGA besides being made universal by doing away with APL and BPL criteria, the government informed the Rajya Sabha on Thursday.

Millions across the country may soon get benefits of various government schemes, like cooking gas subsidies and old age pension, targeted at them with the launch of the much-awaited Aadhaar-enabled direct cash transfer system in Rajasthan.

The monthly pension of Rs 200 given to the elderly is "an insult to the dignity of an individual", Rural Development Minister Jairam Ramesh has said, requesting Prime Minister Manmohan Singh to immediately review the scheme.

Telangana Chief Minister K Chandrasekhar Rao Tuesday assured Rs one lakh farm loan waiver, besides increasing assistance under the Rytu Bandhu scheme to Rs 10,000 per annum from the current Rs 8,000 if the TRS was voted to power once again.

The Supreme Court yesterday said that the National Social Assistance Programme (NSAP), which deals with pensions for elderly and other issues, was "prima facie" a good scheme but there were "huge gaps" in its implementation which needed to be filled.

Senior citizens from across the country will stage a protest in the national capital on Sunday to draw the government's attention towards their measly pension of Rs 200 per month and to demand a universal social security scheme to cover all those aged 65 and above.

The scheme will be implemented through Life Insurance Corporation of India (LIC) in the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions.

In India, more than half of the population of older persons, particularly in rural areas, continue to suffer from financial problems leading to a miserable situation in old age and about two-third of the older people have to depend on others for their day-to-day maintenance.

To enable Indians living abroad to access old age income security, the Reserve Bank of India (RBI) has allowed non-resident Indians (NRIs) to subscribe to the National Pension System (NPS).

'Coming to the aid of a 95-year old man who was denied old age pension on the ground that he was fit enough to work, The Madras High Court in Madurai on Friday ordered that he be provided the financial assistance within four weeks.

After leading India's second largest software services firm Infosys, its co-founder S D Shibulal and his wife are now working for social causes like education, child cardiac surgeries, old age pension schemes and organic farming.

Old age pension is likely to be linked with inflation index on the pattern of MNREGA besides being made universal by doing away with APL and BPL criteria, the government informed the Rajya Sabha on Thursday.

Millions across the country may soon get benefits of various government schemes, like cooking gas subsidies and old age pension, targeted at them with the launch of the much-awaited Aadhaar-enabled direct cash transfer system in Rajasthan.

The monthly pension of Rs 200 given to the elderly is "an insult to the dignity of an individual", Rural Development Minister Jairam Ramesh has said, requesting Prime Minister Manmohan Singh to immediately review the scheme.