Senior Citizens Schemes  

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  • What has Modi done for senior citizens? PM speaks of pension, tax and moreWhat has Modi done for senior citizens? PM speaks of pension, tax and more

    IndiaDec 24, 2018, 7:00 PM IST

    What has Modi done for senior citizens? PM speaks of pension, tax and more

    In 2017, Narendra Modi launched Pradhanmantri Vaya Vandana Yojana — a pension scheme subsidised by the government. Senior citizens can opt for pension on a monthly, quarterly, half-yearly or annual basis under this scheme, which has a guaranteed rate of return of 8 per cent per annum for ten years.