The Unique Identification Authority
Dairy business enterprise scheme
The Pension Fund Regulatory and Development Authority (PFRDA) have presented the National Pension System-Lite or (NPS-Lite) which is in effect from 1st April 2010. NSDL e-Governance Infrastructure Limited has been appointed as Central Recordkeeping Agency (CRA) by PFRDA for this pension system. This agency will be the first agency in India to perform the functions of maintaining records, administrating and customer service to all the beneficiaries under NPS- Lite.
NPS-Lite has been formed mainly for the people who are not very strong financially. It aims to give such people a secure future. To accomplish this effort the NPS Lit system has been developed by NSDL on a low charge structure. The services are offered based in group servicing. A group of low income people is made and people coming in this group will be shown as aggregators by their organizations and will be facilitated in registration of the subscriber, subscriber maintenance functions and contributions related to pension transfer. The age group for the subscribers to join NPS is 18-60 years.
There is a need to open Permanent Retirement Account.
Minimum contribution of Rs.1000 per financial year and maximum contribution of Rs.12000 per year.