Tuesday, January 10, 2012

Special pension & life insurance scheme for NRIs launched to Enrich Brahaminical Class Worldwide

http://indianliberationnews.com/special_pension_and_life_insurance_scheme.html

Special pension & life insurance scheme for NRIs launched to Enrich Brahaminical Class Worldwide

THE MANUSMRITI HEGEMONY is Concerned defending Micro Minority Aryan Brahaminical Zionist Ruling Class as it has Excluded Majority Mulnivasi Bahujan and opted for Free Market Economy based on Ethnic Cleansing and Exclusion. Baba saheb Dr BR Ambedkar ensure Constitutional Safeguards for the Excluded Communities. Hence, the topmost Priority of the Ruling Hegemony is to KILL the Constitution. LPG and Reforms agenda have acomplished the task and the IMF World Bank fed Civil Society is doing the rest. Transparency in Legislation, Policy Making and Governance Wiped out. INFORMATION Blocked with Excellent Mind Control. Welfare STATE is Killed and Ethnic Cleansing Promoted! Survival is dependent on Purchasing power. whatsoever Representation was left despite Pune Pact, is FINISHED as Extra Constitutional Elements, NOT Elected by the People do Govern the Country by passing Parliament and Constitution!Hence, the India Incs Government does everything to defend NRI Brahamin interests.Now,Pravasi Bharatiya Divas 2012 kicks off, special pension & life insurance scheme for NRIs launched! 

The ministry of overseas Indian affairs kicked off the 10th edition of the Pravasi Bharatiya Divas in Jaipur on Saturday with the formal launch of the specialpension and life insurance scheme that will be available to the 5 million semi-skilled and unskilled Indian workers who are employed in various countries around the world - particularly in the Gulf - on temporary employment or contract visas in construction, healthcare and household services sectors.

"In recent months the ministry of overseas Indian affairs has been looking into the financial security issues of this segment of workers when they return to India and also in their old age. We have held discussions with various returnee associations and a large number of workers who are overseas," minister of overseas Indian affairs Vayalar Ravi said when launching they scheme.

The new PLIF scheme is a voluntary scheme that covers Indian nationals with the emigration clearance required (ECR) passports and offers three important benefits. It helps the workers to voluntarily save for their old age requirements and accumulate savings for resettlement when they return to India. It also provides a life insurance cover against natural death during the specified period.

A secure and well regulated institutional framework has been created to encourage and enable the overseas Indian workers to participate in this scheme. The MOIA will provide an annual co-contribution of up to Rs 2000 per year to overseas Indian male workers and Rs 3000 to women workers for up to five years. 

Benefits of the scheme include pension in old age; savings for return and resettlement through a Sebi regulated mutual fund and a term life insurance cover of Rs 1 lakh per year against natural death.

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