Unique scheme for women: Mahila Samman Savings Certificate (MSSCS): The Modi-led central government has introduced several schemes to empower and financially support women. One of the well-received schemes is the ‘Sukanya Samriddhi Yojana.’ However, women who have turned 18 are not eligible to invest in this scheme. In response, the central government announced a new … Read more
Getting a stable income after retirement is very important, but where you invest your money also matters significantly. Should you invest in a Systematic Investment Plan (SIP) in mutual funds, or is it more beneficial to invest in government schemes? Let’s explore the options. If you’re considering investing the funds received from retirement into a … Read more
The number of people saving money is on the rise. Individuals increasingly set aside a portion of their income, regardless of its amount, to meet changing financial and future needs. Various saving schemes are available to assist them in this effort. One notable option is the “Har Ghar Lakhpati” recurring Deposit Scheme offered by SBI, … Read more
Post offices offer several popular schemes, including significant benefits for senior citizens. One such scheme allows you to receive a monthly income of 20,000 rupees or more. This guaranteed fixed income is substantial for retirees to cover their basic expenses. The scheme, known as the Senior Citizen Savings Scheme, is available specifically for individuals over … Read more
The Center recently announced good news for senior citizens. Under the Ayushman Bharat scheme, free health insurance coverage of up to Rs. 5 lakh will be provided. Registering for this program is straightforward, ensuring ease for all seniors. The government offers this free coverage to seniors 70 years of age and older, regardless of their … Read more
On World Senior Citizens Day, let’s explore some investment options that offer financial security to senior citizens. These investment schemes can provide a steady income during retirement, ensuring a smooth financial life for seniors. If you have senior citizens, consider investing in one of these four schemes in their name. Senior Citizen Bank Deposits: Most … Read more
The Union Government, led by Prime Minister Narendra Modi, has expanded the scope of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana to include senior citizens. Under this scheme, senior citizens over 70 can obtain an Ayushman card irrespective of their income group. With the Ayushman card, senior citizens can rest assured that they can … Read more
As you approach retirement, ensuring financial stability becomes increasingly important. The National Pension Scheme (NPS) is a government-backed initiative designed to provide a reliable monthly pension, ensuring you can enjoy your golden years without financial stress. Whether you’re looking forward to spending your retirement relaxing with a book or exploring new hobbies, planning for your … Read more
The Atal Pension Yojana (APY), the Central Govt Pension Scheme, is a government-initiated pension plan providing financial security to unorganized workers. Subscribers can earn a guaranteed monthly pension ranging from ₹1,000 to ₹5,000 upon retirement. In India, government employees receive a pension after retirement. Pension plans are also available for private-sector employees. However, individuals working … Read more
The government, in its unwavering commitment to the welfare of farmers, has introduced numerous schemes, with the “Pradhan Mantri Kisan Samman Nidhi (PM Kisan Yojana)” being one of the most significant. Latest News: Since 2019, the Central Government has provided investment assistance of Rs 6,000 to farmers yearly. The money will be deposited into the … Read more