The Life Insurance Corporation of India (LIC) offers a range of pension schemes to help individuals secure their retirement years. LIC Pension Scheme is a popular investment option that provides regular income to policyholders after they retire. A deferred annuity plan allows policyholders to build a corpus over a specific period by making regular payments … Read more
The traffic police may issue a document called a challan to the vehicle owner if they observe any violation of traffic laws. If a traffic challan is issued, the individual must be held accountable for paying a fine that varies depending on the type of violation. When the Electronic Challan System generates a challan, it … Read more
In 2007, the Government of Andhra Pradesh established a revolutionary Health Insurance Scheme, YSR Aarogyasri. Spearheaded by Dr. Y.S. Rajasekhar Reddy Garu during his tenure as the state’s chief minister, this scheme aimed to provide BPL families with comprehensive health coverage, offering them financial security and access to the efficient medical services they deserve. Today, … Read more
The Startup India Seed Fund Scheme (SISFS) is a government initiative to provide financial assistance to early-stage startups in India. Under this scheme, the government has set up a fund with a corpus of INR 945 crore to support startups with initial capital for their business operations. The scheme aims to promote entrepreneurship and innovation … Read more
Since starting the Crafts Instructor Training Scheme (CITS), DGT has been charged with training craft instructors (CTS). The instructor trainees receive thorough instruction in training methodology and skills to familiarise them with methods for imparting practical knowledge and developing skilled labor for the industry. It was estimated that there would be about 15,000 ITIs with … Read more
Andhra Pradesh has set a new milestone in implementing ePoS in Fair Price Shops. The State has achieved 100% implementation of the system, integrating FCI & MLS points for stock lifting and ration portability. This innovative system allows real-time sales and stock availability monitoring and ensures that all PoS devices are linked to electronic weighing … Read more
India’s Ministry of Road Transport and Highways has mandated FASTags for all cars. To ease congestion at toll plazas and promote cashless toll payments, FASTags were implemented. Commuters may save time using FASTags instead of stopping at the toll plaza to pay in cash. 22 banks in India have received certification from the Indian government … Read more
The Food and Civil Supplies Department in Uttar Pradesh has an official online portal, i.e., https://fcs.up.gov.in/. It is an online application scheme launched by the Uttar Pradesh state government to manage the distribution of essential commodities, like rice, wheat, sugar, kerosene, etc., to the residents of Uttar Pradesh. It plays a vital role in ensuring … Read more
A cutting-edge contactless toll-collecting system is Federal Bank FASTag. The Federal Bank FASTag is a small, reloadable card that permits toll costs to be automatically deducted from the associated bank account when a vehicle passes through a toll plaza on a national highway. In addition to offering a Federal Bank FASTag login, the FASTag Federal … Read more
NBPDCL stands for North Bihar Power Distribution Company Limited, a public company governed by the Bihar Government. According to section 14 of the energy act 2003, the corporation took over as the Bihar State Energy Board’s successor on November 1, 2012. Over 22 districts in Bihar receive energy from NBPDCL, which also works to provide … Read more