Having allowed banks to sponsor pension funds under the National Pension System (NPS), Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) Sivasubramanian Ramann, has said that the playing field is level for all sponsors, including Asset Management Companies.
During the meeting, Nagaraju emphasized the need for further strengthening measures, such as presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension coverage for all citizens and formulating strategies to bring individuals current
Congress leader and Karnataka minister Priyank Kharge on Monday launched a sharp attack on the demand to confer the Bharat Ratna to Veer Savarkar, asking why a person who, according to him, "worked against Bharath" should receive the country's highest civilian honour.
Union Minister Bandi Sanjay Kumar has criticised the state's Congress government, accusing it of failing to deliver on key election promises such as a Rs 4,000 pension for the elderly, 10 grams of gold for newly married women, and employment for the youth. Kumar claimed that public frustr
YSRCP Employees and Pensioners Wing State President Nalamaru Chandrasekhar Reddy criticised the proposed rule of compulsory retirement after 33 years of service, stating that with the official retirement age at 62, many employees would be forced out around 58, effectively losing almost fo
Of the total allocation released by the Finance Department, ₹1,100 crore has been earmarked for the payment of salaries, pensions, and other statutory dues of DTC employees and pensioners. The remaining ₹100 crore has been allocated to transport modernisation and the adoption of advanced
Uttarakhand Chief Minister Pushkar Singh Dhami, has directed the Social Welfare Department to further strengthen the eligibility assessment, verification, and payment processes under all social security schemes. He emphasised ensuring that there is no negligence at any level so that the b
The central government in the upcoming budget 2026 should announce reforms across taxation, insurance and pension sectors to boost household financial savings, reduce compliance challenges and improve social security coverage in the country, highlighted a report by State Bank of India (SB
The Central Government has officially approved wage and pension revisions for employees and retirees of Public Sector General Insurance Companies (PSGICs), the National Bank for Agriculture and Rural Development (NABARD), and the Reserve Bank of India (RBI).
Addressing the gathering, Rekha Gupta said that the Delhi government has assured all public representatives that there will be no shortage of funds for development works.