Schemes of Nabard for Rural Poor

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..... Schemes of Nabard for Rural Poor
News and Press Release
Dated:- 2-12-2011

Press Information Bureau Government of India Ministry of Finance 02-December-2011 18:7 IST National Bank for .....

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..... Agriculture and Rural Development (NABARD) has reported that in the Self Help Group (SHG)-Bank Linkage Programmes for Rural Poor household, the saving portion of the groups can be utilized by the rur .....

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..... al poor to meet requirements during old age. Government of India (GoI) has identified the interim Pension Fund Regulatory and Development Authority (PFRDA) as the implementing agency for New Pension .....

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..... System (NPS). To encourage the people from the unorganized sector to voluntarily save for their retirement, Government of India had launched the Co-contributory Pension Scheme called "Swavalamban" dur .....

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..... ing 2010-11, whereby the Government of India would contribute a sum of Rs.1,000 in each NPS account opened with a minimum contribution of Rs.1,000 and maximum contribution of Rs.12,000 per annum. The .....

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..... Scheme is managed by PFRDA. NABARD has decided to support PFRDA through a grant assistance of Rs.50 crore towards promotional and developmental activities for enrolment and contribution collection und .....

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..... er Swavalamban Scheme. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Lok Sabha today. DSM/ Hb
News - Press .....

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..... release - PIB .....

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