Question
Who is responsible for implementing the Pradhan Mantri
Vaya Vandana Yojana (PNVVY)?Solution
The Pradhan Mantri Vaya Vandana Yojana (PNVVY) was launched in May 2017 to provide social security during old age. This is a simplified version of the VPBY and will be implemented by the Life Insurance Corporation (LIC) of India. Â
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