- Launched By: Employees’ Provident Fund Organisation (EPFO)
- Objective: Modernise pension disbursement for over 68 lakh pensioners across India.
- Key Milestone: Nationwide rollout in December 2024.
Features of CPPS
- Centralisation:
- Replaces the earlier decentralised system tied to specific regional offices.
- Allows pensioners to withdraw pensions from any bank branch nationwide.
- Direct Credit to Accounts:
- Pension amounts are credited directly to beneficiaries’ bank accounts.
- Eliminates Physical Verification: Pensioners no longer need to visit banks for verification.
- Relocation-Friendly:
- Payments remain uninterrupted, even if pensioners change their location or bank branch.
- Beneficial for retirees relocating to hometowns.
Logistics Ease Across Different States (LEADS) 2024
- Released By: Ministry of Commerce and Industry
- Purpose: To evaluate and improve logistics efficiency across Indian states, reducing transaction costs and promoting trade.
- Objective: Align India’s logistics sector with global standards and enhance its Logistics Performance Index (LPI) ranking.
Key Pillars of LEADS 2024
- Logistics Infrastructure
- Logistics Services
- Operating and Regulatory Environment
- Sustainable Logistics (Newly introduced pillar focusing on eco-friendly practices).
Importance of LEADS
- Enhanced Decision-Making: Combines perception-based data (from the World Bank’s LPI) with objective data, improving evaluation accuracy.
- Promotes State Action Plans: Encourages states to identify bottlenecks and plan for logistics development.
Government Initiatives and Innovations
- PM GatiShakti: Aimed at enhancing infrastructure planning for better connectivity.
- Adoption of Technology: Use of AI and ML in logistics for efficiency.
- Skill Development and Inclusivity: Focus on gender inclusivity and workforce development.
- Public-Private Partnerships (PPP): Promoted for improving logistics services and infrastructure.