Changing in NPS rules: increased entry age, revised exit guidelines

Social Security is the pillar based on which individuals plan their lives from healthcare to retirement. Discuss the steps taken by the Government to provide social security benefits to its citizens.(150 Words)

Approach:

• Introduce by giving a brief definition of social security with examples
• Discuss why social security is important
• Elaborate on various schemes of social security brought out by government, like:
  • National Pension Scheme
  • Shram Yogi Mandhan Yojna
  • Ayushman Bharat - National health insurance
• Way Forward / Conclusions