Ayushman Bharat Scheme: No Panel Formed To Extend Benefits To Citizens Above 70, Says Govt

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The BJP promised to extend the Ayushman Bharat coverage to people aged 70 and above during polls, but the 2024 Budget is silent on that, says an expert.

The old pension scheme may be desirable for one class of people, but it will be a disaster for the rest, so not feasible, says Finance Secretary T.V. Somanathan.

NPS was initially launched in 2004 for the government employees to replace the old pension scheme (OPS) before opening it to all citizens in 2009.

Budget 2024-25 presented on July 23, 2024 has left the senior citizens highly disappointed as the government neither restored the railway concession withdrawn during the Covid-19 Pandemic nor extend the Ayushman Bharat-PMJAY scheme to all seniors above the age group of 70 years irrespective of their economic criteria, despite an increase in the Ayush Ministry budget

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Senior citizens get the benefit of higher interest rates when they invest in a senior citizen fixed deposit (FD) product compared to the interest rate that is offered on regular FD products.

Union Finance Minister Nirmala Sitharaman announced three schemes tied to EPFO enrollments in the Budget 2024-25. How will they attract more youth to the formal sector?

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