India Unveils New Social Welfare Pension, Considers Raising Foreign Investment Cap in State Banks, and Advances Women's Empowerment Scheme
October 28, 2025
In the last 24 hours, the Indian government has announced a significant social welfare scheme providing a ₹10,000 monthly pension for elderly citizens, widows, and persons with disabilities. Concurrently, discussions are underway to increase the foreign investment cap in state-run banks to 49% to attract more capital. Additionally, the 'Bima Sakhi Yojana', aimed at empowering women through insurance agent roles, is making strides in Goa with recent implementation efforts.
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