Latest GK GS

Pradhan Mantri Vaya Vandana Yojana Pension Scheme Details Features Benefits Updates

Pradhan Mantri Vaya Vandana Yojana Pension Scheme Details Features Benefits Updates 

Pradhan Mantri Vayu Vandan Yojana (PMVVY) is a pension scheme for senior citizens which has been introduced by the Government of India on 21st July 2017. It was launched by Finance Minister of India Late Arun Jaitley,

Pradhan Mantri Vayu Vandan Yojana (PMVVY) allows them to have a systematic regular pension through an organized and well-planned investment scheme. T

Pradhan Mantri Vayu Vandan Yojana (PMVVY) provides flexibility when withdrawing and availing loan facility in 3 years is a great customer-friendly feature offered in this scheme.

Updates

Modi 2.0 government at the center has made few significant changes in the Pradhan Mantri Vayu Vandan Yojana (PMVVY) pension scheme. 

Modi 2.0 government has doubled the investment amount of the Pradhan Mantri Vayu Vandan Yojana (PMVVY) pension scheme. 

Not only this, but the duration of the scheme has also been extended. That is, under this scheme, you can get a pension of up to Rs 10,000 every month. Let's know about it.  

Pension will be available up to Rs 10,000

By doubling the amount of investment, senior citizens will benefit greatly. The investment limit has now been raised to Rs 15 lakh by the government, compared to Rs 7.5 lakh earlier. Now citizens will get a pension of up to Rs 10,000 per month. 

Earlier, Pradhan Mantri Vayu Vandan Yojana (PMVVY) was only for 4th May 2017 to 3 May 2018. but now the period of investment under this has been extended to 31 March 2020. 


 

» Pradhan Mantri Vaya Vandana Yojana, pension plan, policy and payment details

» Andhra Pradesh New 'Village Volunteers System’ Scheme: Details, Features, Aim

» Inter-State portability of ration cards implemented in 4 states

» HRD Ministry New Samagra Shiksha-Jal Suraksha Drive