Tag: aadhaar-based payment system

The EPFO also anticipates that switching to this new system will result in large cost savings in terms of pension payouts. (Representational Image/Pixabay)
Posted in Business

EPS pensioners will be able to get pension from any bank or branch from January 1, 2025

Sep 06, 2024 09:16 AM IST The proposed Centralized Pension Payment System (CPPS) has been approved, allowing a national centralized system of pension payouts through…

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Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025
Posted in Economy

Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025

Labour and employment minister Mansukh Mandaviya on Wednesday approved the centralized pension payment system (CPPS) under the Employees’ Pension Scheme, 1995, allowing 7.8 million EPS…

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mnregs: 88 pc wage payment under MNREGS done through Aadhaar Based Payment System in May: Govt
Posted in Economy

mnregs: 88 pc wage payment under MNREGS done through Aadhaar Based Payment System in May: Govt

About 88 per cent of wage payments under the Mahatma Gandhi National Rural Employment Scheme (MGNREGS) was made through the Aadhaar Based Payment System (ABPS)…

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aadhaar: Centre asks states to link Aadhaar with bank accounts of workers by May end, identify 'laggard areas'
Posted in Economy

aadhaar: Centre asks states to link Aadhaar with bank accounts of workers by May end, identify ‘laggard areas’

The Centre has asked states to identify “laggard” areas, where the linking of workers’ Aadhaar with bank accounts is still not complete, to ensure the…

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Posted in Economy

aadhaar: Aadhaar-based pay must for MGNREGS wages from July 1

The central government has decided to make the Aadhaar-Based Payment System (ABPS) compulsory for settling wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme…

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Posted in Economy

Aadhaar-linked NREGS payments to get more time

New Delhi: The government will likely extend the current mixed model of wage payment under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) beyond…

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