User: sattva_1 Topic: society123
Category: nationalsocialprotection
Last updated: Apr 21 2018 13:32 IST RSS 2.0
 
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India@75 discussed at Hero's 12th Mindmine Summit 21.4.2018 Sify Finance
[India], Apr. 21 (NewsVoir): Mindmine Summit, one of India's most influential ideas exchange platforms organised by the Mindmine Institute, an independent think tank set up by Hero Enterprise
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Vice President inaugurates 2-day event of 12th Civil Services Day 20.4.2018 Govt of india: PIB
The Vice President of India, Shri M. Venkaiah Naidu has said that translating “legislative intent” into “programmatic content” and demonstrating to the common citizens what “Surajya” actually looks like in day to day administration, the civil services have an enormous opportunity today.
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Translating “legislative intent” into “programmatic content” is need of the hour: Vice President 20.4.2018 Govt of india: PIB
The Vice President of India, Shri M. Venkaiah Naidu has said that translating “legislative intent” into “programmatic content” and demonstrating to the common citizens what “Surajya” actually looks like in day to day administration, the civil services have an enormous opportunity today.
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Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form - Additional Mandatory Requirements 20.4.2018 General News
Further, in compliance with the Prevention of Money Laundering Act guidelines issued by the Government of India, Foreign Account Tax Compliance Act (FATCA) and Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) have been made mandatory for new as well as existing subscribers. These have been made mandatory in the new Common Subscriber Registration Form (CSRF) forms that are required to be filled in by the new subscribers. The existing subscribers have been provided the facility to submit online FATCA Self-Certification in their login (www.cra-nsdl.com or https://enps.karvy.com/Login/Login ). The information regarding the said functionality is also made available on Central Record-keeping Agency (CRA) websites. The steps to be followed by the subscriber to submit online FATCA self-certification are also mentioned on the website.
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Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form – Additional Mandatory Requirements 20.4.2018 Govt of india: PIB
Pension Fund Regulatory and Development Authority (PFRDA) has been established by the Government of India for regulation and development of Pension Sector in order to protect the old age income security of subscribers.
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Rlys' operating ratio could be its worst ever in FY 18 20.4.2018 General News
Railways' operating ratio, the direct indicator of working of the government-run transporter could settle at 98.5 per cent for 2017-2018, recording its worst performance ever since 2000-2001 when it was 98.3 per cent, an official said. He said the number reflects the increased burden of allowances and pensions that have gone up because of the revision in the 7th Pay Commission. An operating ratio of about 98.5 per cent in FY18 would mean a dip of more than two per cent in the revised 96 per cent figure announced in the February budget. The operating ratio indicates how much railway spends to earn a rupee. The official also said that less than expected revenues from monetisation of assets and dividend from PSUs going directly to the Finance Ministry after the merger of budget made things worse for the national transporter. Railways' salary bill in 2017-2018 increased by around Rs 10,000 crore, while pension liability rose from Rs 10,795 crore. It also carries the load of a Rs 33,000 ...
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Warned You Before: Andhra, Telangana Junk Centre's Cash Crunch Logic 19.4.2018 NDTV News - Top-stories
Calling the bluff of the centre that the cash crunch was "sudden and temporary", the state governments of Andhra Pradesh and Telangana say they had flagged their concerns to the union government and...
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Vice President to inaugurate Civil Services Day function 19.4.2018 Govt of india: PIB
The Department of Administrative Reforms and Public Grievances, Ministry of Personnel, Public Grievances and Pensions is organizing a 2-day Civil Services Day function here on April 20- 21, 2018. The Vice President of India Shri M. Venkaiah Naidu will be the Chief Guest at the inaugural function tomorrow (April 20, 2018).
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PM Modi invites Norway pension fund to invest in new sectors in India 18.4.2018 General News
Prime Minister Narendra Modi has invited Norway's pension fund to invest in new sectors in India citing the complementarity of the economies of the two countries. Modi, during a bilateral meeting with Norwegian Premier Erna Solbergen here, underlined the Indian openness to foreign investment and also invited Norwegian companies to invest in India, a Norwegian government statement said. Modi encouraged the Norwegian State Pension Fund Global to consider investing in new sectors in India, it said. The Pension Fund had invested USD 11.7 billion in India at the end of 2017, an increase of 2.5 billion from 2016. During their meeting here yesterday, the two leaders also agreed that the complementarity of the economies of the two countries offered huge scope for greater cooperation, The areas of cooperation that were discussed included energy, green transport, environmental technologies, innovation, maritime and marine economies. Modi and Solberg also discussed a joint action plan to achieve
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Samurai Loans: Why Indian infrastructure needs them 18.4.2018 Sify Finance
53.5 billion Japanese yen (approximately Rs 3,251 crore) in Samurai loans is proof that as the telecom sector in India evolves, not only is Reliance Jio pushing for changes on how businesses are run, but it is also innovating on the capital structure front. There are important takeaways for the infrastructure sector from this Samurai loan.
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Samurai Loans: Why Indian infrastructure needs them(Column: Behind Infra Lines) 18.4.2018 All News-IANS Stories
News that Reliance Jio has raised 53.5 billion Japanese yen (approximately Rs 3,251 crore) in Samurai loans is proof that as the telecom sector in India evolves, not only is Reliance Jio pushing for changes on how businesses are run, but it is also innovating on the capital structure front. There are important takeaways for the infrastructure sector from this Samurai loan.
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Government releases Rs.120.92 Crore as co-contribution towards Atal Pension Yojana 18.4.2018 Sify Finance
[India], Apr. 17 (ANI): The Centre on Tuesday announced the release of Rs. 120.92 crores towards its Atal Pension Yojana scheme.
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Pension scheme for Malayalees to be launched 17.4.2018 Hindu: Fitness
A pension scheme for people from Kerala settled outside the State would be launched in the city on April 21. Kerala Chief Minister Pinarayi Vijayan,
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Govt releases Rs.120.92Cr as co-contribution towards Atal Pension Yojana 17.4.2018 General News
The Centre on Tuesday announced the release of Rs. 120.92 crores towards its Atal Pension Yojana scheme.As per the Ministry of Finance, the government, through the Pension Fund Regulatory and Development Authority (PFRDA), released co-contribution for FY 2016-17 for nearly 14 lakh eligible subscribers, amounting to Rs. 120.92 crores.The subscribers who have any pending contributions in their APY account till March 2017 won't be paid with co-contribution, and were subsequently advised to regularise their APY account so as to get the government's co-contribution."Government of India co-contribution is payable only when accounts are regular and the admissible Government of India co-contribution is paid into the Savings Bank account of the Subscribers," an official statement said.The main responsibility of implementing the above scheme is of APY Service Providers comprising of Public Sector Banks(PSBs), Private Sector Banks, Regional Rural Banks (RRBs), Cooperative Banks and Department of
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Govt releases Rs.120.92Cr as co-contribution towards Atal Pension Yojana 17.4.2018 Sify Finance
[India], Apr. 17 (ANI): The Centre on Tuesday announced the release of Rs. 120.92 crores towards its Atal Pension Yojana scheme.
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Government co-contributes over Rs 120 cr for "eligible subscribers" in APY 17.4.2018 General News
The central government on Tuesday said that it has co-contributed Rs 120.92 crore for nearly 14 lakh "eligible subscribers" of the Atal Pension Yojana during FY 2016-17.
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India Ratings maintains 'rating watch evolving' on Tata Steel 17.4.2018 General News
India Ratings and Research (Ind-Ra) today maintained Tata Steel's (TSL) long-term issuer rating of IND AA on 'rating watch evolving' (RWE) on delay in formation of Tata Steel's joint venture with ThyssenKrupp and clarity on its impact on the consolidated financial profile. The RWE indicates the possibility of TSL's ratings being upgraded, downgraded or affirmed, Ind-Ra said in a statement here. TSL's MoU with ThyssenKrupp to form a JV carving out European operations, and Tata Steel UK's pension liability settlement are the major steps towards strengthening of TSL's business and financial profile, the rating agency said. "However, the ratings have been maintained on RWE awaiting a definitive agreement on the JV formation and further clarity on its likely impact on the consolidated financial profile," it added. Ind-Ra said that it has taken a consolidated view of TSL for arriving at the ratings. The rating approach factors in a one notch uplift for its strong operational ..
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NSW Premier to facilitate pension fund investments into India 17.4.2018 General News
The Premier of Australian state of New South Wales (NSW), Gladys Berejiklian, today said she will facilitate investments from pensions funds and other long term investors into Indian infrastructure sector. "We have been told about the huge infrastructure needs in India and I will look at how our pensions funds and other long term investors who are looking for good returns can participate in it," she told reporters here. She, however, did not quantify the amount of investment which can be seen coming into the country. Berejiklian added that she knows about the interest shown by similar investors from Canada in Indian projects across asset classes and affirmed that funds from her state will try to emulate the same. The Premier, who is on a four-day visit to the country, met Mahindra Group's Anand Mahindra, Chief Minister of Maharashtra Devendra Fadnavis and representatives from Jet Airways and the Hinduja Group today. The state is seeking investments into a new city which .
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Atal Pension subscriber base reaches 97.6 lakh 17.4.2018 General News
The total number of Atal Pension Yojana (APY) subscribers reached 97.60 lakh as on April 12, official data showed today. Banks as well as the Department of Post have been engaged by the Pension Fund Regulatory and Development Authority of India (PFRDA) to sell this pension scheme, which was mainly introduced to provide a social security cover to those working in an unorganised sector. "The total number of subscribers registered under the APY as on April 12, 2018 has crossed 97.60 lakh," the finance ministry said in a statement. The scheme was implemented from June 2015 and those who have joined the APY before March 31, 2016 are eligible for a 50 per cent co-contribution up to a maximum of Rs 1,000 for a period of 5 years from 2015-16 to 2019-20. This special facility of a government co-contribution covers only those who are not income tax payers and are not part of any other social security schemes. "Keeping in view the above, the government through the PFRDA has released ...
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121 crores released towards Government of India co-contribution in Atal Pension Yojana (APY) 17.4.2018 General News
The scheme provides for a co-contribution from Government of India for those who have registered before 31/3/2016 with an amount of 50% of the subscribers contribution up-to a maximum of Rs. 1000/- and these subscribers will be eligible for co-contribution for a period 5 years from 2015-16 to 2019-20 only those subscribers who are not income tax payers and not part of any other social security schemes are eligible for Government of India co-contribution.
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