Masala Today

UTI Mutual Fund has entered into an arrangement with Srei Sahaj for distribution of its micro-pension products across the States of Assam, Bihar, Orissa, Tamil Nadu, Uttar Pradesh and West Bengal. Under the initiative, investors would have to contribute a minimum of Rs 200 a month towards UTI-Retirement Benefit Pension Fund so as to enable them to receive pension in the form of periodical income after they attain the age of 58, according to Mr Jaideep Bhattacharya, Group President and Chief Marketing Officer, UTI.

Neeraj Chandra State Head - SREI SAHAJ In an attempt to ensure adequate availability and percolation of its schemes among the rural population, the Uttar Pradesh government has decided to expand the ambit of its e-governance services, from the current tally of 26 running in eight departments in the next five years. The services are being delivered through Internet-enabled common service centres set up at the village level in all the districts of the state. The services would include filing of commercial tax (VAT returns) and women literacy programmes from this month. A pilot project of this scheme is already being carried out in three districts of UP namely Maharajganj, Mirzapur and Sonbhadra and is targeting to make 10,000 women literate by March. Besides, common service centres would also be able to generate voter ID cards from February. The state government is working in collaboration with three companies to bridge the digital gap between urban and rural India. These ar