PMSYM stands for Pradhan Mantri Shram Yogi Mandhan. This is a social initiative by the Ministry of Labour and Employment of the Government of India. Prime Minister Narender Modi launched this scheme in February 2019. This article will discuss Pradhan...

What is PMAYG? The development of rural India is equally important for the progress of the nation. Unavailability of resources and poverty has in fact forced people in these areas to live in unhygienic conditions. Enhancing the quality of life...

The progress of a nation depends on the welfare of its people. The government of India accordingly launched several healthcare schemes time and again. However, the aim to strengthen the healthcare framework of the country was not achieved. Similarly, Ayushman...

What is a Pension? A Pension provides a monthly income to the people during their retirement years. It helps the retired individuals in earning a regular income while being financially stable. A better pension plan helps individuals in the following...

What are pension funds? Pension funds or retirement funds are saving schemes wherein you invest a small portion of your income in a specific and pension designated fund. The sole objective of this fund is to generate income for you...

What are government securities in India? Government securities are either treasury bonds, bills or dated securities issued by the central government or bonds and dated securities issued by the state government. This kind of investment is issued by the government...

How does a Ponzi scheme make money? A Ponzi scheme is an investment scam where the returns for earlier investors are paid from the money collected from later investors. The investors of such schemes are promised high returns with little...

Tax free bonds are usually issued by companies owned by the Government of India. The interest earned on them is completely tax free in the hands of the investor. They are suitable for long term investments. However, they are liquid...