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Cabinet approves doubling of Investment Limit for senior citizens from Rs. 7.5 lakh to Rs.15 lakh under PMVVY

Cabinet approves doubling of Investment Limit for senior citizens from Rs. 7.5 lakh to Rs.15 lakh under PMVVY

May 02, 2018, at 11:16 pm

New Delhi, May 2 (IBNS): The Union Cabinet chaired by chaired by Prime Minister Narendra Modi on Wednesday gave its approval for extending the investment limit from Rs 7.5 lakhs to Rs 15 lakhs as well as extension of time limits for subscription from May 4, 2018 to Mar 31, 2020 under the Pradhan MantriVayaVandanYojana (PMVVY) as part of Government's commitment for financial inclusion and social security.