Nomination One or more nominations can be made by the subscriber to receive the amount standing to his credit in the event of his death.
Information about financial products, markets, business terms
Withdrawal The investor is permitted to make one withdrawal every year beginning from the seventh financial year of an amount not exceeding 50% of the balance at the end of the fourth year or the financial year immediately preceding the withdrawal, whichever is less.
Introduction PPF is a 30 year old statutory scheme of the Central Government started with the objective of providing old age income security to the unorganized sector workers and self employed persons.
With a view to reduce crop wastage of Rs.50,000 crore per year and increase share of processed food in the country to 20% from the present 6%, the government is setting up 30 food parks in next 5 years with a public-private partnership.
It is estimated that 60-70% of Green House Gases (like hydro fluorocarbons, methane and nitrous oxide) emission is through fuel combustion in industries like cement, steel, textiles and fertilizers.