Daily Archives: September 19, 2024

India is on track to become the third largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7%, the credit rating agency S&P Global said in its report called India forward Emerging Perspectives.  Factors responsible for becoming the third-largest economy. 1. Strong Growth Momentum In the post-pandemic world, India has …

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The Central government has allocated Rs 12,554 crore to various states this year for relief and rehabilitation of those affected by natural disasters. This includes funding from multiple disaster relief and mitigation funds. Key Allocations Disaster Relief: Rs 12,554 crore has been disbursed from the National Disaster Mitigation Fund, National Disaster Response Fund, State Disaster …

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About 7 crore people have subscribed to the Atal Pension Yojana (APY), accumulating a corpus of Rs 35,149 crore, as announced by Finance Minister Nirmala Sitharaman. The APY, launched in 2015, is a low-cost pension scheme providing a guaranteed minimum pension ranging from Rs 1,000 to Rs 5,000 per month, depending on the contributions made …

Continue reading “Atal Pension Yojana (APY) Subscribers at 69 Million, Corpus at Rs 35,149 Crore”