Ministry of
Social Justice & Empowerment
Senior Citizens Welfare Fund
Posted On:
04 DEC 2019 4:44PM by PIB Delhi
A "Senior Citizens’ Welfare Fund (SCWF)” has been established under
the Finance Act, 2015, to be utilized for such schemes for the promotion
of the welfare of senior citizens, in line with the National Policy on Older
Persons.
Available amount with Ministry of Social Justice and Empowerment under
Senior Citizens Welfare Fund is Rupees 410.23 crore. The unclaimed money
lying under Small Savings Schemes, Employees Provident Fund, Public Provident
Fund schemes, Life and non-life insurance schemes or polices maintained by
insurance companies and accounts of Coal Mines Provident Fund is transferred
into Senior Citizens’ Welfare Fund.
Annual Report for 2017-18 for Senior Citizens Welfare Fund is available.
Annual Report for 2018-19 will be laid before the Inter- ministerial Committee
for approval. The recommendation of financial proposals, till date, is given
below.
The details of recommendation of financial proposals under SCWF are as:
|
Sl. No.
|
Project /Schemes
|
Ministry/Department
|
Year
|
Amount
approved (in Crore)
|
|
1
|
Purchase of Electric Golf Carts at airports
|
Civil Aviation
|
2018-19
|
0.98
|
|
2
|
Funding of Longitudinal Ageing Study In India (LASI)
|
Health and Family Welfare
|
2018-19
|
13.85
|
|
3
|
Funding of Senior Citizens Health Insurance Scheme (schis)
|
Health and Family Welfare
|
2019-20
|
79.10
|
|
4
|
Rashtiya Vayoshri Yojana (RVY)
|
Social Justice and Empowerment
|
2016-17
|
16
|
|
2017-18
|
1.5
|
|||
|
2018-19
|
106.51
|
|||
|
Total RVY
|
124.01
|
|||
|
Grand Total
|
217.94
|
|||
This information was given by Minister of State for Social Justice and
Empowerment Shri Rattan Lal Kataria in a written reply in Rajya Sabha today.
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