Finance Minister Nirmala Sitharaman Press Conference Update

In a press conference with the Finance Minister, Debashish Panda, secretary of the financial department said that it has been decided to increase the pension payout for bank employees. Under this, the contribution of government banks to the pension of employees under NPS has been increased to 14%. Earlier it used to be 10%. With this, the pension received by the families of the employees of government banks who died during Corona has been increased by 30%. This increase has been done on the basis of his last salary.

The government has taken a big decision in the matter of pension of bank employees. Now bank employees can get a pension of 30 to 35 thousand rupees. Earlier it was Rs 9,284. This information was given by the Secretary of the Financial Department, Debashish Panda.

After the two-day visit, the Finance Minister said in the press conference that the banks gave their presentation. Banks also gave full details of self-reliant India in this. The industry now has an opportunity to raise money through channels other than banks. Banks are also raising money from the market. Public sector banks should work with state governments. Work for one district one product. In this context, the emerging star product has been launched in Uttar Pradesh. Banks can make common infra platform for this.