The Centre on Wednesday said the total number of new contributing subscribers under the National Pension Scheme (NPS) stood at 62,880 in the month of July.
In June, 64,799 new contributing subscribers joined the NPS in June.
The newly registered employees and paying contribution under the Employees’ State Insurance (ESI) scheme in July stood at 16,61,836 which was 16,33,848 during the month of June, informed Ministry of Statistics and Programme Implementation.
The Cabinet last month approved the Unified Pension Scheme (UPS) for government employees, which will provide an assured minimum pension and a family pension. Around 23 lakh Central government employees will benefit from the Unified Pension Scheme.
These employees will now have the option to choose between the NPS and the UPS. In UPS, the government has offered several advantages of the previous Old Pension Scheme (OPS) like assured pension, family pension and indexation benefits. This pension scheme is only for government employees unlike NPS which is offered to both government and private employees.
In a key move to secure the financial future of young children in India, the government has also launched the NPS Vatsalya pension scheme, which offers flexible contributions and investment options for parents or guardians.
The Vatsalya scheme is a saving-cum-pension scheme, which will be regulated and administered by the Pension Fund Regulatory Authority of India (PFRDA). Under the NPS Vatsalya scheme, parents can invest a minimum of Rs 1,000 per month with no upper limit. The scheme will be operated by parents until the child reaches 18. At the age of 18, the account will transition into the child’s name.
Meanwhile, the Employees' Provident Fund Organisation (EPFO) has added 19.94 lakh net members in the month of July, marking the highest recorded increase since payroll data tracking began in April 2018. EPFO added 10.52 lakh new members in July, a 2.66 per cent increase over June and a 2.43 per cent rise compared to the same month last year.
11 illegal migrants held in February in Dharmanagar and Agartala
As per NFR, in an incident on 15th February RPF team of Agartala conducted a routine drive at Agartala Railway Station. While checking they detected 02 female Bangladeshi national sat the station.
State aims to install 50,000 solar plants in 2025: Power Minister
The present state government has set an ambitious goal of installing 50,000 solar plants across the state during the current financial year, Power Minister Ratan Lal Nath announced on Sunday.
Tension in Manipur districts after Meitei youth goes missing
A 20-year-old youth, belonging to the Meitei community has gone missing from Manipur’s Imphal triggering serious tension in both Imphal West and Imphal East districts, officials said on Monday night.
Vehicles burnt as violent clashes erupt in Nagpur, cops deployed
Amid raging controversy over the demolition of the Mughal emperor Aurangzeb’s grave situated at Sambhajinagar, violent clashes broke out between two groups in Maharashtra’s second capital Nagpur which led to stone pelting and arson.
PM Modi joins Trump-owned 'Truth Social' platform after US President shares podcast link
Prime Minister Narendra Modi on Monday joined US President Donald Trump-owned social media platform, Truth Social, following a post by the American leader. The post shared a video link of Prime Minister Modi's podcast with renowned US-based podcaster and computer scientist, Lex Fridman.
PM Modi meets Tulsi Gabbard, gifts her vase containing holy Ganga water from Maha Kumbh
Prime Minister Narendra Modi and United States Intelligence Chief Tulsi Gabbard met in the national capital on Monday, exchanging not just pleasantries but also gifts in the form of Ganga Jal (holy Ganga water) and a handcrafted mala.
Won't allow glorification of Aurangzeb's legacy, says Maha CM Fadnavis
Amid the chorus for the demolition of Mughal Emperor Aurangzeb’s grave situated in Sambhajinagar, Maharashtra Chief Minister Devendra Fadnavis on Monday said that it was unfortunate that the state government has to protect it.
No ‘Neja Mela’ in Sambhal: Police ban event organised in memory of Masud Ghazi
The 'Neja Mela', which is held every year in Sambhal, Uttar Pradesh, in memory of Saiyyad Salar Masud Ghazi, will not take place this time. The police have made it clear to the organisers that they will not allow the event to take place in the name of ‘robbers’.