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Pradhan Mantri Sahaj Bijli Har Ghar Yojana – Saubhagya

Pradhan Mantri Sahaj Bijli Har Ghar Yojana – Saubhagya

Pradhan Mantri Sahaj Bijli Har Ghar Yojana –“Saubhagya” a new scheme was launched by the Prime Minister Shri Narendra Modi to ensure electrification of all willing households in the country in rural as well as urban areas on 25th September, 2017.

The following Frequently Asked Questions (FAQs) give a detailed view of objectives, features, expected outcomes and implementation strategy of the Scheme.

Qs. No. 1 What is the objective of this new scheme?

Ans. The objective of the ‘Saubhagya’ is to provide energy access to all by last mile connectivity and electricity connections to all remaining un-electrified households in rural as well as urban areas to achieve universal household electrification in the country.

Qs. No. 2 What all is included in the last mile connectivity and electricity connection to households?

Ans. The electricity connection to households include release of electricity connections by drawing a service cable from the nearest electricity pole to the household premise, installation of energy meter, wiring for a single light point with LED bulb and a mobile charging point. In case the electricity pole is not available nearby from household for drawing service cable, the erection of additional pole along with conductor and associated accessories shall also be covered under the scheme.

Qs. No. 3 Will electricity connection would be totally free of cost for every un-electrified households?

Ans. Yes. Poor households would be provided electricity connections free of cost. Other households would also be provided electricity connections under the scheme on payment of Rs.500 only which shall be recovered by the DISCOMs/Power Departments in ten (10) instalments along with electricity bills.

Qs. No.4 Does the free electricity connection also includes free power for consumption?

Ans. There is no provision in the scheme to provide free power to any category of consumers. The cost of electricity consumption shall have to be paid by the respective consumers as per prevailing tariff of the DISCOM/Power Deptt.

Qs. No. 5 The earlier programme of Government of India ‘24×7 Power For All’ has similar objective.? How is it different from this programme ?

Ans. ‘24×7 Power for All’ is a joint initiative with the states covering all segments of power sector i.e. Power generation, transmission and distribution, energy efficiency, health of Discom etc. to finalise State/UT specific roadmap and action plan to ensure 24×7 power for all in consultation with States/UTs. The Power for All documents contain details of various interventions required across the value chain of power sector.

Providing connectivity to all households is a prerequisite to ensure 24×7 power supply. Saubhagya is a schematic support to address the issue of energy access.

Qs. No. 6 In distribution sector, two major schemes; DDUGJY for rural areas and IPDS in urban areas are already under implementation- then what is the need for a new scheme?

Ans. Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) envisage creation of basic electricity infrastructure in villages / habitations, strengthening & augmentation of existing infrastructure, metering of existing feeders / distribution transformers / consumers to improve quality and reliability of power supply in rural areas. Besides this, last mile connectivity and free electricity connections are also provided to BPL households only identified by the States as per their list. However, in villages which are electrified in past for a long period, many households do not have electricity connections for many reasons. Some of the really poor households do not have BPL cards but these households are not capable of paying applicable initial connection charges. There is also lack of awareness as to how to get connection or taking connection is not an easy task for illiterate people. There may not be electricity pole nearby and the cost of erection of additional pole, conductor is also chargeable from the households for obtaining a connection.

Similarly in urban areas, Integrated Power Development Scheme (IPDS) provides for creation of necessary infrastructure to provide electricity access but some households are not yet connected mainly on account of their economic condition as they are not capable of paying the initial connection charges.

Therefore, Soubhagya has been launched to plug such gaps and comprehensively address the issues of entry barrier, last mile connectivity and release of electricity connections to all un-electrified households in rural and urban areas.

Qs. No. 7 Is the cost of Saubhagya scheme over & above the outlay available under DDUGJY?

Ans. Yes, the cost of Saubhagya scheme i.e. Rs. 16,320 crore is over and above the investment being made under DDUGJY.

Qs. No. 8 What is the criteria for allocation of funds to the States?

Ans. Projects under the scheme would be sanctioned based on the Detailed Project Reports (DPRs) to be submitted by the States. There is no upfront allocation of fund under the scheme.

Qs. No. 9 How the scheme would be implemented in the entire country?

Ans. Project proposals shall be prepared by the State DISCOMs / Power Deptt. and sanctioned by an inter-ministerial Monitoring Committee headed by Secretary (Power), GOI. The electrification works under the sanctioned projects shall be executed by respective DISCOMs/Power Deptt. through turnkey contractors or departmentally or through other suitable agencies capable of doing this work as per norms.

Qs. No.10 What is strategy for achievement of target in a time bound manner?

Ans. In order to hasten the process of release of connections to households, camps would be organised in villages / cluster of villages for identification of beneficiaries using modern IT technology with a Mobile App / Web Portal. Application for electricity connections shall also be registered electronically and requisite documentation including photograph of applicant, copy of identity card and / or details such as mobile number/Aadhar number/bank account number etc. shall be completed on spot in the camps, so that connections are released at the earliest.

The Gram Panchayat / public institutions in rural areas shall also be authorized to collect application form, complete documentation and also for distribution of bills, collection of revenue and other activities, as applicable.

Qs. No.11 What would be estimated rise in power demand with the inclusion of 4 crore households in the electricity network?

Ans. Considering an average load of 1 KW per household and average uses of load for 8 hours in a day, there will be requirement of additional power of about 28,000 MW and additional energy of about 80,000 million units per annum. This is a dynamic figure. With the enhancement of income and habit of using electricity, the demand of electricity is bound to vary. This figure will also vary if the assumptions are changed.

Qs. No.12 What is the provision for households where it is not feasible to extend grid lines?

Ans. For households located in remote and inaccessible areas, solar power packs of 200 to 300 Watt and battery back with 5 LED light, 1 DC Fan, 1 DC power plug along with repair and maintenance for 5 years would be provided.

Qs. No.13 How many un-electrified households would be covered under Saubhagya.

Ans. There are about 4 crore un-electrified households estimated in the country of which about 1 crore BPL households in rural areas are already covered under sanctioned projects of DDUGJY. Thus, total of 300 lakh households, 250 lakh households in rural areas and 50 lakh in urban areas, are expected to be covered under the scheme.

Qs. No.14 Would the Scheme envisage providing amnesty to illegal consumers to come and register? Is that also something the Scheme targets?

Ans. The illegal connections need to be dealt with by the respective DISCOMs/Power Deptt in accordance with their rules/regulations in this regard. However, the scheme categorically provides that the defaulters whose connections have been disconnected shall not be given benefit of the scheme.

Qs. No.15 In what manner, the Scheme would be useful for people in their daily life?

Ans. Access to electricity definitely has positive impact on quality of life of people in all aspects of daily household chores and human development. Firstly , Access to electricity would substitute use of Kerosene for lighting purposes resulting in reduction in indoor pollution thereby saving people from health hazards. Further, electricity access would help in establishing efficient and modern health services in all parts of the country. Lighting after the sunset also provide a sense of enhanced personal safety especially for women and increase in post sunset social as well as economic activities. Availability of electricity will boost education services across all areas and quality lighting post sunset would facilitate children to spend more time on studies and move ahead further in prospective careers. Household electrification also increases the likelihood that women would study and earn income.

Qs. No.16 In what manner, the Scheme would facilitate economic growth and employment generation?

Ans. Substitution of use of Kerosene with electricity for lighting purposes would reduce annual subsidy on Kerosene and would also help reduce the import of petroleum products. Electricity in each home would provide improved access to all kind of communications like Radio, Television, Internet, mobile etc. through which everyone would be able to access all kind of important information available through these communication mediums.Farmers can access information about new and improved agriculture techniques, agro-machinery, quality seeds etc. resulting in significant increase in agriculture production and consequently increase in income. Farmers and youths can also explore the possibilities of setting up agro based small industries.

Availability of reliable electricity services would also facilitate establishment of new shops of daily use goods, fabrication workshops, flour mills, cottage industries etc. and such economic activities would generate direct as well indirect employment. Implementation of scheme itself would result into employment generation in view of the requirement of semi-skilled / skilled manpower for execution of works of household electrification. About 1000 lakh man-days works would be generated for implementation of the scheme.

The expenditure of over Rs 16,000 crore will create positive externalities which will further help in generating employment and benefit the economy.

Qs. No.17 Is there any plan for creating awareness amongst public at large about the Scheme so that more & more people are benefited from the Scheme ?

Ans. Government of India would take up publicity campaign through Radio, Print Media, Television, Sign Boards etc. Lack of awareness about procedure to obtain electricity connection including cost of connection, uses of electricity, cost of uses vis-à-vis Kerosene, benefits of using electricity (Direct & Indirect) etc. has been cited as one of the major reasons of slow progress on household electrification in various research studies.

Therefore wide multi-media campaign would be undertaken to make people aware of all aspects the Scheme. The DISCOM officials would also organise camps in rural areas for creating awareness about electricity as well as Saubhagya. School teachers, Gram Panchayat members, local literate/educated youth would also be associated in the awareness campaign.

PSBs Branches under Saansad Adarsh Gram Yojana

PSBs Branches under Saansad Adarsh Gram Yojana

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 3014
ANSWERED ON: 05.01.2018

PSBs Branches under Saansad Adarsh Gram Yojana

AJAY (TENI) MISRA
Will the Minister of

FINANCE be pleased to state:-

(a) whether there is a mandatory provision for opening the Public Sector Banks (PSBs) branches under the Saansad Adarsh Gram Yojana, if so the details thereof;

(b) whether any notification has been issued/proposed to be issued by the Government in this regard, if so, the details thereof; and

(c) whether the Government is formulating any plan to bring other banking facilities under the Saansad Adarsh Gram Yojana, if so, the details thereof and if not, the reasons therefor?

ANSWER
The Minister of State in the Ministry of Finance

(a) to (c) In view of importance of providing banking services under the Saansad Adarsh Gram Yojana, Department of Financial Services, Ministry of Finance has advised the Public Sector Banks and Private Sector Banks vide communication dated 12.12.2014.

Banks have been advised to ensure banking services are provided in each Saansad Adarsh Gram. These services may be provided through a branch or, in case any selected village is not found to be a viable location for branch opening, through a fixed point online inter-operable Business Correspondent or Kiosk.

Banks have also been asked to closely monitor implementation of Pradhan Mantri Jan-Dhan Yojana (PMJDY) in Saansad Adarsh Gram and further to ensure allocation of targets to link branch of Saansad Adarsh Gram on various parameters, like every adult having a bank account, issuance of RuPay Card, saturation of Kisan Credit Card (KCC) in the village, encouraging Self Help Group (SHG) and Joint Liability Group (JLG) movement and Kisan Club and monitoring thereof.

Beneficiaries under Beti Bachao Beti Padhao Scheme

Beneficiaries under Beti Bachao Beti Padhao Scheme

GOVERNMENT OF INDIA
MINISTRY OF WOMEN AND CHILD DEVELOPMENT
LOK SABHA
UNSTARRED QUESTION NO: 3067
ANSWERED ON : 05.01.2018

Beneficiaries under Beti Bachao Beti Padhao Scheme

Partha Pratim Ray
Will the Minister of

WOMEN AND CHILD DEVELOPMENT be pleased to state:-

(a) the number of beneficiaries under the Beti Bachao Beti Padhao (BBBP) scheme since its inception, State/UT-wise;

(b) whether the Government has taken note that kanyashree scheme of West Bengal Government is recently awarded United Nations Public Services Award, if so, the difference between these two schemes; and

(c) whether the Government proposes to incorporate some changes in BBBP scheme in view of Kanyashree scheme and if so, the details thereof?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF WOMEN AND CHILD DEVELOPMENT
(DR. VIRENDRA KUMAR)

(a) to (c) Beti Bachao Beti Padhao Campaign (BBBP) launched by Hon”ble Prime Minister on 22nd January, 2015 addresses the declining Child Sex Ratio (CSR) and related issues of women empowerment and aims to change mindsets and creating value around girl child. It is a tri-ministerial effort of Ministries of Women and Child Development, Health & Family Welfare and Human Resource Development. BBBP scheme has no provision for individual beneficiary cash incentive/cash transfer component by Government of India and thus is not a DBT (Direct Benefit Transfer) scheme. Government of India is aware of State specific schemes such as Kanyashree scheme of West Bengal, Dulari Kanya Scheme- Arunachal Pradesh, Mukhya Mantri Kanya Suraksha Yojana – Bihar, Majhi Kanya Bhagyashree Scheme – Maharashra, Mukhyamantri Rajshri Yojana – Rajasthan etc. In these States schemes the emphasis is laid on transfer of incentives to individual beneficiary.

However, BBBP Scheme is for arresting and improving the decline in Child Sex Ratio (CSR) in the country through advocacy and multi sectoral interventions to create and enable an environment for education of girl child. BBBP, basically, aims to challenge the son centric ritual and tries to change the mind set of public who discriminates girls against boys. Thus the schemes are different from BBBP. Therefore, BBBP Scheme’s architecture, guidelines, process are different from Kanyashree Scheme. Incorporation of changes in BBBP Scheme vis-a-vis Kanyashree Scheme does not arise.

Schemes for Farmer’s Welfare

Schemes for Farmer’s Welfare

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 3118
ANSWERED ON: 05.01.2018

Schemes for Farmer’s Welfare

PREM SINGH CHANDUMAJRA
Will the Minister of

FINANCE be pleased to state:-

(a) whether a comprehensive scheme for farmers envisaging their financial requirements at every stage of farming has been formulated;

(b) if so, the details of the schemes with all its components;

(c) if not, the reasons therefor;

(d) whether a scheme has been formulated cater to the need of small, marginal and tenant farmers; and

(e) if so, the details thereof?

ANSWER
The Minister of State in the Ministry of Finance

(a) to (e): Kisan Credit Card (KCC) scheme meets the financial requirements of farmers at various stages of farming. The scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for their cultivation and other needs as indicated below:

i. To meet the short term credit requirements for cultivation of crops;
ii. Post-harvest expenses;
iii. Produce marketing loan;
iv. Consumption requirements of farmer household;
v. Working capital for maintenance of farm assets and activities allied to agriculture;
vi. Investment credit requirement for agriculture and allied activities.

The KCC scheme also provides the facility of ATM enabled RuPay Card, one-time documentation, built-in cost escalation in the limit and any number of drawals within the limit.

The farmers eligible under the KCC scheme include small farmers, marginal farmers, share croppers, oral lessee and tenant farmers. The Self Help Groups (SHGs) or Joint Liability Groups (JLGs) are also eligible for availing benefits under the said scheme.

Revamping of Integrated Child Development Service (ICDS) Scheme

Revamping of Integrated Child Development Service (ICDS) Scheme

GOVERNMENT OF INDIA
MINISTRY OF WOMEN AND CHILD DEVELOPMENT
LOK SABHA
UNSTARRED QUESTION NO: 3126
ANSWERED ON: 05.01.2018

Revamping of ICDS Scheme

RAJENDRA AGRAWAL
Will the Minister of

WOMEN AND CHILD DEVELOPMENT be pleased to state:-

(a) whether the Government is planning to revamp the Integrated Child Development Service (ICDS) Scheme and withdraw the provisions of cooked food and rations to children, and pregnant and lactating women, and replace it with cash transfers in view of NITI Ayog’s recent recommendation in the policy document, ‘Nourishing India’;

(b) if so, the details thereof; and

(c) the steps taken to ensure that the disbursed cash is spent in the required manner?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF WOMEN AND CHILD DEVELOPMENT
(DR. VIRENDRA KUMAR)

(a) to (c) There is no proposal to revamp the Integrated Child Development Service (ICDS) Scheme.

As per the existing norms, Take Home Ration is continuously provided to Pregnant women and Lactating Mothers, children of 6-36 months of age and malnourished children of the age of 6 months – 6 years while Hot Cooked Meal and Morning Snacks are provided to children of the age of 3-6 years at the Anganwadi Centres.

Integrated Child Protection Scheme

Integrated Child Protection Scheme

GOVERNMENT OF INDIA
MINISTRY OF WOMEN AND CHILD DEVELOPMENT
LOK SABHA
UNSTARRED QUESTION NO: 3173
ANSWERED ON: 05.01.2018

Integrated Child Protection Scheme

REKHA ARUN VERMA

BHAVANA GAWALI (PATIL)
Will the Minister of

WOMEN AND CHILD DEVELOPMENT be pleased to state:-

(a) the salient features of Integrated Child Protection Scheme (ICPS) being implemented by the Government for improving the living standards of children in difficult circumstances;

(b) whether the Government has made available adequate funds for the said scheme and if so, the details of allocated/released and utilised funds along with the number of beneficiary children under the said scheme during each of the last three years and the current year, State/UT-wise;

(b) if not, the reasons therefor and the time by which the adequate amount is likely to be made available by the Government;

(d) whether instances of irregularities in implementation of the scheme during the said period has come to the notice of the Government and if so, the details thereof, State/UT-wise along with the action taken in this regard; and

(e) the corrective measures taken by the Government for effective implementation of said scheme in the country?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF WOMEN AND CHILD DEVELOPMENT
(DR. VIRENDRA KUMAR)

(a) The Ministry of Women and Child Development (MWCD) is implementing a centrally sponsored Integrated Child Protection Scheme (ICPS) (now “Child Protection Services”) for supporting the of children in difficult circumstances, as envisaged under Juvenile Justice (Care and Protection of Children) Act, 2015. The primary responsibility of execution of the Act lies with the State/UTs. However, Central Government is managing ICPS (now “Child Protection Services” under Integrated Child Development Scheme) and providing financial assistance to the States/UTs on sharing pattern for, inter-alia, undertaking a situational analysis of children in difficult circumstances, for setting up and maintenance of various types of Child Care Institutions (CCIs). Under the scheme institutional care is provided through CCIs, as a rehabilitative measure. In these CCIs, children are provided age appropriate education either within the institution or outside in a formal education system through convergence with other schemes and programs of the Government or civil society. Under the non-institutional care component, support is extended for adoption, foster care and sponsorship.

(b) & (c) State/UT-wise details of funds released to the State Governments/UT administration under Child Protection Services erstwhile ICPS alongwith the utilization of fund and number of beneficiaries reported by State/UTs during each of the last three years and the current year, is annexed.

(d) No irregularities in the functioning of the said scheme have been reported by the State/UTs to the Ministry during the said period.

(e) The Ministry of Women and Child Development has set up a monitoring system to ensure effective implementation of the scheme. A Project Approval Board (PAB) under the Chairpersonship of Secretary (WCD) has been constituted in the Ministry to scrutinize and approve implementation plans, annual Plans and financial proposals from States/ UTs for release of grants under the scheme. The board also monitors and reviews the progress of implementation of the scheme from time to time. The PAB regularly directs the States/UTs to fill up the vacant positions in service delivery structures under the scheme i.e. State Child Protection Society, District Child Protection Units, State Adoption Resource Agency, Specialised Adoption Agencies, etc.

 

Savings under DBT Scheme

Savings under DBT Scheme

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 3188
ANSWERED ON: 05.01.2018

Savings under DBT Scheme

PRALHAD VENKATESH JOSHI
Will the Minister of

FINANCE be pleased to state:-

(a) the number of schemes covered under the Direct Benefit Transfer (DBT) programme along with the savings to the Government under the different schemes owing to the Direct Benefit Transfer (DBT) programme; and

(b) the names of the schemes that are being considered for a Direct Benefit Transfer?

ANSWER
ANSWER
MINISTER OF STATE FOR FINANCE
(SHRI P. RADHAKRISHNAN)

(a) and (b): As on date, 409 schemes from 56 Ministries/ Departments are being implemented under DBT. The list of these schemes is available on https://dbtbharat.gov.in. Ministries/ Departments have estimated and reported savings due to DBT implementation of schemes as a result of elimination of ghost beneficiaries, de-duplication etc. in these schemes.

Source : Loksabha

Scheme for One Stop Centre (OSC)

Scheme for One Stop Centre (OSC)

GOVERNMENT OF INDIA
MINISTRY OF WOMEN AND CHILD DEVELOPMENT
LOK SABHA
UNSTARRED QUESTION NO: 3198
ANSWERED ON: 05.01.2018

Scheme for One Stop Centre

SUSHMITA DEV
DUSHYANT CHAUTALA
RAVINDRA KUMAR RAY
SHER SINGH GHUBAYA
Will the Minister of

WOMEN AND CHILD DEVELOPMENT be pleased to state:-

(a) the salient features and facilities/ services available under the One Stop Centre (OSC) scheme implemented by the Government for women affected by violence;

(b) the details of proposals received from States/UTs for setting up of OSCs/ Sakhi centres under the scheme along with the proposals approved/lying pending and the funds sanctioned/released and utilised thereunder during each of the last three years and the current year, State/UT-wise;

(c) the details of centres presently operational out of sanctioned projects in the country along with the number of women assisted thereby, State/UT-wise;

(d) whether the Government proposes to set up at least one such centre in every district in the country and if so, the details thereof; and

(e) the measures taken by the Government for the effective functioning of these centres?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF WOMEN AND CHILD DEVELOPMENT
(DR. VIRENDRA KUMAR)

(a) The Ministry is implementing Scheme for setting up One Stop Centre since 1st April 2015 to support women affected by violence. The scheme aims to facilitate access to an integrated range of services including medical aid, police assistance, legal aid/case management, psycho-social counselling, temporary support services to women affected by violence.

(b) to (d) Under the scheme, it has been envisaged that One Stop Centre would be set up across the country in phased manner. In the first phase, one Centre was sanctioned per State/UT. Further, 150 additional Centres are taken up in second phase during 2016-17. Recently, the Government of India has approved setting up 150 additional districts during the year 2017-18, 2018-19 and 2019-20. The funds have been sanctioned as per schematic norms of the Scheme. So far, 170 One Stop Centres have become operational. The State-wise details of fund sanctioned during 2015-16, 2016-17 and current year is at Annexure-I.

(e) The Ministry is regularly monitoring and reviewing the implementation of One Stop Centres through workshops/conferences with State Governments/UT Administrations and surprise inspection visits by the officers of the Ministry.

Source:  Loksabha

Linking of Aadhaar with PAN Cards

Linking of Aadhaar with PAN Cards

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 3148
ANSWERED ON: 05.01.2018

Linking of Aadhaar with PAN Cards

VINCENT H PALA
Will the Minister of

FINANCE be pleased to state:-

(a) the details of number of Aadhaar cards linked with PAN cards and with bank accounts as on date;

(b) whether there exists any security features with regard to Aadhaar linked financial transactions;

(c) if so, the details thereof and if not, the reasons therefor; and

(d) the measures taken by the Government to ensure that the sensitive data is not leaked by the organisations handling this date?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE:
(SHRI SHIV PRATAP SHUKLA)

(a) As per the latest available information, number of Aadhaar cards linked with PAN is 15.01 crore. Further, as on 15.12.2017, 82.47 crore Bank Accounts have been linked with Aadhaar.

(b) & (c) Information is being collected.

(d) Sharing of information or seeding of Aadhaar information with the authorised agencies is governed as per the provisions of the Aadhaar Act 2016.Section 29 (1) of the Aadhaar Act 2016 read together with Regulation 3(1) of the Aadhaar (Sharing of information) Regulations, 2016 categorically states that no core biometric information, collected or created under the Aadhaar Act, shall be shared with anyone for any reason whatsoever; or used for any purpose other than generation of Aadhaar numbers and authentication under the Act. Also, Regulation 4(1) of the Aadhaar (Sharing of information) Regulations, 2016 provides that core biometric information collected or captured by a requesting entity from Aadhaar number holder at the time of authentication shall not be shared for any reason whatsoever. Further, Section 30 of the Aadhaar Act, 2016 applies the rigours of the IT Act, 2000 and the rules thereunder whereby Biometric Information is deemed to be Sensitive personal information. Additionally, Chapter VII of the Act lays down monetary penalties and imprisonment for unauthorized sharing of residents’ identity information. Any violation to the provisions of The Aadhaar Act is a criminal offence.

 

Tax on Deposits of Retired Persons

Tax on Deposits of Retired Persons

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE

LOK SABHA

UNSTARRED QUESTION No. 3023

TO BE ANSWERED ON FRIDAY, THE 5TH JANUARY, 2018
15,PAUSHA, 1939 (SAKA)

TAX ON DEPOSITS OF RETIRED PERSONS

3023. SHRI VIJAY KUMAR HANSDAK:
SHRIMATI RAMA DEVI:

Will the Minister of FINANCE be pleased to state:

(a) whether the Government is considering to ensure that the money deposited in banks by the retired persons is not taxed;

(b) if so, the details thereof; and

(c) if not, the reasons therefor along with the reaction of the Government thereto?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SHIV PRATAP SHUKLA)

(a) to (b) No Madam. At present, no such proposal is under consideration of the Government.

(c) Tax is levied on total income computed in accordance with the provisions of the Income-tax Act, 1961.

Original Copy

Source : Loksabha Portal

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