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Kisan Vikas Patra Account : Scheme Worth Investing

Eligibility, Features, Interest Rates & Returns Return, Minimum Investment Rules And Other Details Kisan Vikas Patra  Kisan Vikas Patra (KVP) is one among nine small savings schemes offered by India Post. Investment in KVP at present fetches a return of 7.7 per cent. Interest on money deposited in the KVP ...

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Govt plans to utilize 100-day work scheme to fight climate change

The ministry of rural development comes with a proposal to use the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) — the world’s largest wage-based social protection programme — to achieve India’s third climate target under the 2016 Paris climate change agreement. The proposal was submitted on the sidelines of ...

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Govt contribution to National Pension Scheme to be raised by 14%

In a blessing for government employees, the Cabinet on Thursday raised the government’s contribution by 14 per cent of basic salary from the current 10 per cent to  National Pension Scheme (NPS), sources said. Minimum employee contribution will, however, remain at 10 per cent. The Cabinet also approved tax incentives under ...

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Digital payments: Ombudsman scheme to Uplift Customer confidence

Guidelines will be notified by January-end: RBI   With digital transactions growing rapidly in India, so have the complexities and challenges such as fraudulent transactions. Hence, the Reserve Bank of India (RBI) has decided to set up an ombudsman scheme for digital transactions to address these issues and promote customer ...

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Ayushmaan Bharat: How big is the Scheme?

Ayushman Bharat is a flagship scheme of the Modi government that aims to provide Rs. 5 lakh health insurance coverage to poor families for secondary and tertiary healthcare. PM Modi has launched this scheme simultaneously in 445 districts of 30 states across the country. PMJAY health insurance scheme is touted as ...

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SBI’s Multi-Option Deposit Scheme

SBI Multi Option Deposit Scheme (MODS) are Term Deposits linked to the Savings or Current Account (individual). Unlike normal Term Deposits which are fully liquidated anytime you need funds; you can withdraw from a MODS account in multiples of 1000 as per your fund need. The balance amount in your ...

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