This Page

has been moved to new address

Bihar Milkmen turn a new leaf..

Sorry for inconvenience...

Redirection provided by Blogger to WordPress Migration Service
Cool Bihari: Bihar Milkmen turn a new leaf..

« Home | Press Freedom In India of Today » | Rajdeep:Answer this ??? » | IIM's:The New Battle field of Bihar Heavyweights » | Patna Rice in News » | Bihar Team to Explore Tourism Potential » | Bihar Diary » | Together - Stronger - Sunnier » | Chhote Saheb Passes Away... » | Centre for Higher Learning in Bihar - some hope an... » | Bihar Diary »

Bihar Milkmen turn a new leaf..

Bihar’s Milkmen, under the guidance of the Bihar State Co-operative Milk Producers' Federation, or COMPFED in short, have tied up with UTI MF for investing in a fund that aims at the retirement market.

The latest micro-pension initiative taken by the fund house, consecrated by the State Government, will seek to tap members of milk producers' unions, whose contributions will be invested in UTI Retirement Benefit Pension Fund (RBFP).

Considering the fact that there are more than a couple of lakh members, the arrangement may well assume far bigger proportions, notes Mr Amir Subhani, CMD of COMPFED, adding that each contributor will be required to put in at least the minimum amount at regular intervals till he or she is 55. The `pension' will flow in after the individual concerned turns 58. For starters, roughly 40,000 members will join.

The State's recent proposals have included insurance of animal resources as well. An insurance plan, in which the Government bears 50 per cent of the cost and a cattle owner pays the remaining 50 per cent, has been worked out. This has been set off in a few districts already.

Photobucket - Video and Image Hosting

Links to this post

Create a Link

About me

  • I'm Ajit Chouhan
  • From Houston, TX, United States
My profile
E-mail Ajit Chouhan

View Ajit Chouhan's profile on LinkedIn

My Orkut Profile

Join Cool Bihari Community on Orkut

Join Bihari Bloggers Community on Orkut

Join Patna Rice Community on Orkut

Join Cool Bihari Group on Yahoo

Jai Bihar

New Page 1

Photobucket - Video and Image Hosting

Patna Rice: Join Now !! New Page 1



My Other Blogs