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Indian
Atal Pension Yojna most popular social security scheme under NPS system
Out of 4.2 crore National Pension System (NPS) subscribers, over 66 per cent or 2.8 crore opted for the APY at the end of 2020-21, says the annual report of the National Pension Systems Trust (NPS Trust).The State Government Scheme ranks second with 11 per cent share, while the central autonomous bodies (CAB) continued to account for the least number of subscribers of NPS with a share of 1 per cent, followed by state autonomous bodies (SAB) with a share of 2 per cent.
“APY is the most subscribed plan among non-metro subscribers. This also reflects the demographic pattern in the country, where more unorganized population segments reside in the non metros, thus accessing the NPS self-initiated plan,” the report said.
Automakers expect better festive season even as chip shortage lingers on
“While we compare with last year, it looks positive this year. But when you compare it to the peak of 2017-19, then we are still 22-23 per cent off that peak so I think we would have to be very careful in saying whether the market situation is better. It looks better than last year but when you compare it with the peak in 2017-19, we are way off, Srivastava noted.
Govt determined to vaccinate everyone by December this year: Union Minister Kishan Reddy
”We want to reach out to the last person to be vaccinated in the country, in the most remotest part by December this year. It is also a matter of great pride that India was one of the two countries which invented a vaccine for COVID, besides USA, this raised the stature of Indian scientists and the country in the world,” the release quoted Kishan Reddy as saying.
”As many as 153 countries have sought our vaccines and some even paid the respective companies advance amount, but the government placed an embargo on export till people in our country are vaccinated,” he said.
‘Hiving off insurance biz to reinforce focus on core activity in battery segment’:Exide
International
Possible delay of Tokyo Olympics dismissed by head of organizing committee
UK to Spend £2.5B on Road Repairs; Potholes Cause 90% of Auto Insurance Claims
Coronavirus likely to trigger Pandemic Bond payouts to poor countries
The bonds were issued to raise money to help poorer countries respond to a pandemic. Boston-based private company AIR Worldwide Corporation determines whether a trigger event has occurred, based on an outbreak meeting a list of criteria in areas such as geographic spread, rate of growth and number of deaths.
In dramatic step, Trump restricts travel from Europe to US to fight coronavirus
After triggering confusion by suggesting that “trade and cargo” from Europe would also be banned, Trump was forced to clarify his statement with a tweet moments after the speech that “trade will in no way be affected” by the travel restriction.
“The restriction stops people not goods,” he said in the tweet.U.S. stock futures ESv1 slid further as the president spoke, down more than 4% and signaling another day of losses awaits Wall Street.
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