Unified Pension Scheme & Vigyan Dhara: A New Era for Government Employees
Unified Pension Scheme Details
The Union Cabinet, led by Prime Minister Narendra Modi, has approved the Unified Pension Scheme (UPS) to provide assured pensions, family pensions, and minimum pensions for government employees. The program targets approximately 23 lakh central employees, ensuring they have a dependable financial future.
Vigyan Dhara Scheme Introduction
On the same day, the Cabinet also sanctioned the Vigyan Dhara initiative under the Department of Science and Technology, aimed at enhancing technological advances for various sectors.
Innovative Policy Approvals
The cabinet further embraced the 'BioE3' policy from the Department of Biotechnology, fostering high-performance biomanufacturing. This policy is dedicated to promoting innovation-driven support for research and development, alongside boosting entrepreneurship across significant sectors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.