Remove prime-ministers-social-security-schemes
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Prime Minister’s Social Security Schemes

BankBazaar

Only a small percentage of the Indian population opt for security schemes. In order to encourage more people to invest in such schemes, Prime Minister Modi launched these Social Security Schemes. Insurance policies and pension schemes are highly underrated in India. An amount of Rs.

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Deep Dive: How Instant Payments Are Changing Pension Disbursements

PYMNTS

It is common to receive instant payments for ad hoc employment and other work-related reimbursements, but real-time Social Security and retirement payouts have yet to gain traction. The Indian government currently makes 80 percent of its payments to citizens — including payroll, social security and pension disbursements — digitally.

Payments 108
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Money Laundering Increases Amid India’s Cash Crackdown

PYMNTS

The country’s decision to discontinue the 500- and 1,000-rupee banknotes earlier this month in an attempt to curb fraud, corruption, illegal tax evasion and illegal cash holdings has actually brought about a rise in money laundering schemes.

Taxes 100