5 big changes in the new year! Citizens will get these 5 important reliefs
With the beginning of the new year 2025, the Government of India has implemented many important changes. These changes will directly affect the daily lives of common citizens. These include changes in digital payments, pension, loans for farmers, automobile prices and visa rules.
The aim of these changes is to benefit various sections of the country. Be it people from rural areas, senior citizens, or farmers. The government believes that these changes will help strengthen the country’s economy and improve the standard of living of the people.
Five big changes on New Year 2025: Big announcement of the government
| shift | Description |
| UPI Limit | increased from ₹5,000 to ₹10,000 |
| Pension Rules | Pension withdrawal from any bank ATM |
| Car prices | 2-4% increase |
| Farmer’s loan | Up to ₹2 Lakh without guarantee |
| Visa rules | Thailand e-Visa and US Rescheduling |
| Senior Citizen Health Insurance | Cover of ₹5 lakh to all citizens above the age of 70 years |
Table of Contents
1. Increase in UPI payment limit: Digital Payment Boost
From the new year, UPI123Pay can now transact up to ₹10,000 at a time. This limit was earlier ₹5,000. This change is especially beneficial for those who use feature phones.
The aim of this change is to make digital payments more accessible. This will be especially beneficial for people living in rural areas and senior citizens. Now they will be able to make large transactions without any hassle.
Changes in UPI Lite too
The limit of UPI Lite has also been increased from ₹ 500 to ₹ 1,000. This will make small transactions easier. This will benefit daily shoppers and small merchants.
2. Changes in pension rules: EPFO Pension Withdrawal Simplified
EPFO pensioners can now withdraw pension from any bank ATM. This facility has been started under the Centralized Pension Payment System (CPPS). This will benefit 78 lakh pensioners.
Advantages of CPPS
- Pensioners no longer have to depend on a particular bank branch to receive their pension.
- There will be no hindrance in receiving pension even if you change location or bank.
- This system will make pension payments faster and secure.
3. Increase in the price of vehicles: Automobile Price Hike
Car prices have increased by 2-4% from January 2025. Big companies like Maruti Suzuki, Hyundai, Mahindra have taken this step.
Reasons for price increase
- Increase in manufacturing costs
- Increase in operational expenses
- Compliance with new safety standards
This increase will be applicable on all types of vehicles from small hatchbacks to luxury models. However, companies are also offering various offers and discounts to attract customers.
4. Debt relief for farmers: Farmer Loan Reforms
Now farmers can take loans up to ₹2 lakh without guarantee. Earlier this limit was ₹1.6 lakh. This change is very beneficial for small and marginal farmers.
Benefits of the New Testament
- Farmers will get loans easily
- Will help to cope with rising input costs
- Agricultural productivity will increase
- Rural economy will get a boost
This step is expected to improve the economic condition of the farmers. Also, this step will also promote investment in the agriculture sector.
5. Changes in Visa Rules: Visa Rule Changes
Thailand e-Visa System
Thailand has started the facility of e-visa for tourists coming to its country. Now Indian citizens can stay in Thailand for 60 days without a visa.
US Visa Rules
The US has changed the rules for visa appointment rescheduling. Now applicants can reschedule the appointment only once without any additional fee.
6. Health Insurance for Senior Citizens: Senior Citizen Health Insurance
The government has decided to provide health insurance cover of ₹5 lakh to all senior citizens above 70 years of age under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).
Key points of the plan
- Around 4.5 crore families will get benefit
- 6 crore senior citizens to be covered
- There is no income limit
- 70+ members of families already covered under AB PM-JAY will get additional top-up cover
This move will help in reducing the health related expenses of senior citizens and improve their quality of life.
conclusion
These changes will prove beneficial for the citizens of India in many ways. Improvements in digital payments and pension rules will provide relief to senior citizens and people in rural areas. Loan relief for farmers and changes in visa rules will also have a positive impact.
However, the increase in car prices may cause problems for some people. But overall, these changes have been made to boost the country’s economy and improve the living standards of the people.
The government believes that these changes will help in achieving the goal of Digital India and Aatmanirbhar Bharat. Also, these changes are a New Year gift for senior citizens, farmers and the general public.
Disclaimer
This article is based on information obtained from various sources. Although all the information given in it is believed to be correct, readers are requested to confirm with the concerned government department or authorized sources before taking advantage of any rule or scheme. Government rules and schemes may change from time to time.
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