New pension scheme will raise workers' security: Maneka

Image
IANS Dehradun
Last Updated : Sep 30 2014 | 7:45 PM IST

The central government wants to provide increased social security to workers through the new pension scheme, Women and Child Development Minister Maneka Gandhi Tuesday said.

At a function to launch the new guaranteed minimum pension scheme here, Gandhi said: "The pension is a small token of gratitude which the nation pays to workers who spend a life time in building the nation through their hard work".

She also explained the benefits of integrating Jan Dhan Yojana and employees scheme which will now enable the pension to go directly into the accounts of the workers.

The government recently announced the launch of a guaranteed minimum pension of Rs. 1,000 per month under employees pension scheme, 1995.

Under the new scheme, the pension has been increased from Rs. 650 to Rs.1,000. Also, the maximum wage limit for eligibility has been increased from Rs.6,500 to Rs. 15,000 per month.

Gandhi also requested the Uttarakhand government to consider banning the use of plastics in the state.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 30 2014 | 7:40 PM IST

Next Story