The central government has announced a new budget opportunity for parents to save for their children’s future. The National Pension Scheme (NPS) has been changed to include minors. The central government has launched the NPS Vatsalya, a new scheme for children. It will allow parents or guardians to invest in their children’s names. Under this … Read more
The NPS Vatsalya Scheme, a recent government initiative, provides a secure avenue to safeguard your child’s financial future. Introduced in the July 2024 budget by Union Finance Minister Nirmala Sitharaman, this scheme is overseen by the Pension Fund Regulatory and Development Authority (PFRDA). Through this scheme, parents or guardians can build a retirement corpus for … Read more
You never know when or how someone might face a problem in life. Therefore, it is essential to be prepared for any unexpected situation. In today’s world, insurance has become a crucial necessity. Accidents often occur without warning, making it vital to have accidental policies in place. However, individuals with limited financial means may struggle … Read more
A film poet once wrote a wonderful song: “Money is the source of everything – understanding the value of this money is human dharma.” This sentiment resonates deeply in real life. Saving money enables you to live comfortably and avoid financial difficulties in the future. It also helps you achieve your financial goals more easily. … Read more
On November 6, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved a new scheme called ‘PM Vidyalakshmi’. This initiative aims to provide financial assistance to economically disadvantaged students seeking higher education. Under this scheme, students can secure loans from banks and financial institutions without collateral. Additionally, the government will offer subsidies on education … Read more
The Andhra Pradesh government has launched the AP Aasara Pension Scheme, a social security pension scheme that provides financial support to the needy and vulnerable sections of society. The AP Social Security Scheme is a pioneering initiative by the Andhra Pradesh government to provide a monthly pension to the elderly, disabled, and vulnerable individuals. The … Read more
The Modi government at the Center has introduced a new PM Internship scheme to provide employment and skill training for higher education students. The PM Internship Scheme officially started as outlined in the previous budget. The central government has established a portal for this purpose. This portal allows many companies to accept applications from candidates, … Read more
Consumers who cannot afford to buy gold jewelry outright often choose to participate in gold deposit schemes. If you are considering such a scheme, there are a few essential things to know. Gold is globally recognized as a valuable asset, and India has a robust cultural fondness for it. At the same time, some individuals … Read more
Pasu Kisan Credit Card: The central government will give loans to dairy, poultry, and fish farming farmers at meagre interest rates through the Pashu Kisan credit card scheme. Loans of up to Rs.3 lakh at 4 per cent interest are provided, and no guarantee is required for loans up to Rs.1.6 lakh. Under this scheme, low-interest … Read more
The central government has launched the ‘Lakhpati Didi’ scheme to empower rural women. Prime Minister Narendra Modi announced the scheme in his Independence Day speech on August 15, 2023. The Lakhpati Didi Scheme encourages women to start microenterprises. The scheme’s objectives are poverty alleviation and economic empowerment through self-employment. Under this scheme, women receive skill … Read more