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Tuesday, 9 October 2018

Centre begins work to widen pension cover

Priscilla Jebaraj,  New Delhi

The Union government launched an evaluation this week as part of
measures to double the number of people covered by its pension scheme from the current 3.09 crore to more than six crore.
  The measure is in line with proposals made in the last budget,
which, however, did not include additional financial allocation. Now, with an upcoming hearing in the Supreme Court on a petition demanding universal pension coverage and higher allocation, the government hopes its study will throw up some concrete proposals, in time for the next budget.
  " We are going for a comprehensive evaluation, before we can consider a revamp of the scheme," a senior official of the Rural Development Ministry, which administers the scheme, told The Hindu.
......

( The Hindu, Chennai city edition, Monday, October 8, 2018 )
Courtesy : MPS

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