Unified Pension Scheme: A Balanced Approach to Economic Stability| Oneindia
Video Credit: Oneindia - Duration: 04:01s - Published
Unified Pension Scheme: A Balanced Approach to Economic Stability| Oneindia
The Modi government has introduced the Unified Pension Scheme (UPS), designed to secure the financial future of government employees while maintaining economic stability.
Unlike the Old Pension Scheme (OPS), which risked bankrupting state governments, the UPS offers a sustainable solution that balances pension security with fiscal responsibility.
By incorporating contributions from both the government and employees, the UPS ensures a robust pension system without compromising essential services.
This scheme reflects the government’s broader strategy of financial inclusivity and stability.
In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25. This historic milestone reflects a 447% growth in sales and a 347% increase in production over the past 11 years, highlighting KVIC’s impact on the nation's development. Chairman Shri Manoj Kumar attributes this success to the leadership of Prime Minister Narendra Modi and the guidance of the Ministry of MSME. KVIC has also generated jobs for over 1.94 crore people, many in rural areas, empowering India's Atmanirbhar Bharat mission. The remarkable growth in Khadi clothing sales, which surged by 561%, and the record business at Khadi Gramodyog Bhawan, underline the significance of this achievement in India's economic transformation.
Watch the full video for insights on KVIC’s historic journey and its contribution to making India self-reliant.
#KVIC #AtmanirbharBharat #PMModi #Khadi #MakeInIndia #ViksitBharat #IndianEconomy #RuralDevelopment #KhadiGramodyogBhawan #EconomicGrowth #India #SelfReliance #PMEGP #MSME #IndianDevelopment #KVICRecord #KhadiSales #EmploymentGeneration
In a groundbreaking moment for India-Saudi relations, Prime Minister Narendra Modi’s plane was escorted by Saudi F-15 fighter jets as it entered Saudi airspace on April 22, marking his first visit to Jeddah in 40 years. This historic gesture highlights the growing strategic partnership between the two nations in defense, trade, energy, and cultural exchanges. The two-day visit, upon the invitation of Crown Prince Mohammed bin Salman, is expected to further strengthen the ties between India and Saudi Arabia. Watch to learn more about this historic event and the significance of PM Modi’s trip to the kingdom!
#PMModi #SaudiArabia #F15Jets #ModiInSaudi #IndiaSaudiTies #HistoricVisit #MBS #DefenceRelations #JeddahVisit #IndiaDiplomacy #SaudiArabiaVisit
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Sanju Verma discusses the UPS (Unified Pension Scheme) as a transformative policy with potential benefits for the government, state administrations, and pensioners. She highlights how this strategy..
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