Mahatma Gandhi Pravasi Suraksha Yojana

Mahatma Gandhi Pravasi Suraksha Yojana is a special social security scheme which includes Pension and Life Insurance, introduced by Ministry of Overseas Indian Affairs for the overseas Indian workers in possession of Emigration Check Required (ECR) passports.[1] It is a voluntary scheme designed to help workers to meet their three financial needs: saving for retirement, saving for their return and resettlement, and providing free life insurance offering coverage for death from natural causes.[2]

References
  1. "Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY)". Ministry of Overseas Indian Affairs. Archived from the original on 21 November 2012. Retrieved 29 June 2014.
  2. "Mahatma Gandhi Pravasi Suraksha Yojana". Press Information Bureau,Government of India. Retrieved 29 June 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.