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Old Pension Scheme (OPS) in India was abolished as a part of pension reforms by Union Government.Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness Allowances (DA) etc. OPS was an unfunded pension scheme financed on a pay-as-you-go (PAYG) basis in which current revenues of the ...
Website. nsap .nic .in. The National Social Assistance Programme ( NSAP) is a Centrally Sponsored Scheme of the Government of India that provides financial assistance to the elderly, widows and persons with disabilities in the form of social pensions. The NSAP scheme only includes Below Poverty Line individuals as beneficiaries.
The National Pension System (NPS) is a defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions, Old Pension Scheme (OPS) for all its ...
As defined-benefit pension plans have been phased out in favor of 401(k) and similar accounts, workers may not know that they qualified for a pension many years ago.
Jharkhand is located in the eastern part of India and is enclosed by West Bengal to the eastern side, Chhattisgarh and Uttar Pradesh to the western side, Bihar to the northern part and Odisha to the southern part. Jharkhand envelops a geographical area of 79,716 square kilometres (30,779 sq mi). Much of Jharkhand lies on the Chota Nagpur ...
June 2011. The National Rural Livelihood Mission (NRLM) is a poverty alleviation project implemented by the Ministry of Rural Development, a branch of the Government of India. This plan is focused on promoting self-employment and the organization of rural poor. The idea behind this program is to organize the poor into Self Help Groups (SHGs ...
Karam is a major native harvest festival of Jharkhand. It is celebrated on the 11th day of a full moon of the month of Bhado by the Sadan (Khortha, Nagpuri, Kurmali-speaking ethnic group) and the tribal (Munda, Bhumij, and Oraon) people of Jharkhand. [10] During this festival, people bring branches of the Karam tree to the village and then ...
Jagannath temple at Ranchi built by king Ani Nath Shahdeo. In Palamu district, the old fort in the plains, was built by the King of Raksel Rajput Dynasty. However, it was during the reign of King Medini Ray (1658–1674), who ruled from 1658 to 1674 in Palamau, the old fort was rebuilt into a defensive structure. [22]