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Pension scheme for the poor

business Updated: Sep 26, 2010 20:51 IST
HT Correspondent
HT Correspondent
Hindustan Times
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Finance Minister Pranab Mukherjee launched the Swavalamban pension scheme for the unorganised sector in Murshidabad on Sunday.

The government will contribute R1,000 per annum for each NPS account in 2010-11 where the minimum monthly contribution is R100 and the maximum annual contribution is R12,000. It will be extended for another three years.