1. Hyderabad man invests ₹25,000 each for driver, house help after finding they have no pension

Hyderabad man invests ₹25,000 each for driver, house help after finding they have no pension

States

  • A Hyderabad man named Naresh invested ₹25,000 each for his driver and housekeeper after finding they had no pension.
  • He opened Kisan Vikas Patra accounts for both, saying each ₹25,000 investment would double in 10 years.
  • Naresh said he plans to contribute another ₹25,000 for each employee every year to build their financial security.
  • He also urged other employers to make small retirement investments for workers who lack formal benefits.

Source: livemint.com

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