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11Dec 2024

Empowering Women: Bima Sakhi Yojana Launched Nationwide

Why in the news? The Prime Minister launched Bima Sakhi Yojana to empower women with financial literacy, training, and employment opportunities through Life Insurance Corporation (LIC) in Haryana’s Panipat. Overview of Bima Sakhi Yojana Launch: Recently unveiled by the Prime Minister in Panipat, Haryana. Objective: Empower women through financial literacy and employment opportunities. Target Group: …

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09Nov 2024

Centre Successfully Trials Centralised Pension Payments System Nationwide

Why in the news? The Union Labour Ministry announced the successful trial of CPPS under EPFO, disbursing ₹11 crore to 49,000 pensioners, aiming for nationwide implementation by January 2025 for improved pension access. Overview of the Pilot Run: The Central Government has successfully tested the new Centralised Pension Payments System (CPPS) under the Employees’ Pension …

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