7th Pay Commission: Big news about Life Certificate of 58 lakh pensioners
7th Pay Commission: Prime Minister Narendra Modi has given a big gift to 58 lakh pensioners in 2020. The government has directed all the Pension Account Offices and banks which issue pensions to visit homes of the pensioners and collect the Ease of Living Life Certificate from the pensioners
7th Pay Commission: Prime Minister Narendra Modi has given a big gift to 58 lakh pensioners in 2020. The government has directed all the Pension Account Offices and banks which issue pensions to visit homes of the pensioners and collect the Ease of Living Life Certificate from the pensioners. It may also be done via call centers of the account offices and banks or through mobile apps.
The Digital Life Certificate was started under the Digital India Mission by the government in 2015. The Reserve bank of India (RBI) later directed all the banks to advertise about it. It also directed the banks to upload the information on this on their websites.
What is Ease of Living?
The Modi government had started the Ease of Living initiative in line with its flagship programme of Ease of Doing Business. One of the most troublesome processes for the pensioners is to submit their Life Certificate. Now the Modi government has made it very easy. Now, with the Door Step Life Certificate process, it has become very easy for the pensioners to submit their Life Certificates.
What was the need?
The government was continuously receiving complaints that when the pensioners came to submit their life certificates in the banks, they were directed to pension account offices. And then the pensioners were forced to make a visit to the pension offices. Lakhs of pensioners were subjected to such an ordeal. After this, RBI and the Finance Ministry had been issuing circulars from time-to-time and warned the pension account offices.
Now, since the time the life certificate collection process has started, this problem has ended to a great extent.
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What is the fee?
The government of India's Department of Personnel had issued this direction. Zee Business has a copy of the order. The minutes of this order clearly states that the banks have to increase the door-step collection process. As per the directions of the RBI, the fee charged by the banks cannot exceed Rs 60.
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