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International Solar Alliance 2019

National Pension System (NPS);-{launched in 2004}
•It is a government-sponsored pension scheme which allows subscribers to contribute regularly in a pension account during their working life [in 2009, it was opened to all sections including NRI]
•The entire withdrawal will now be exempt from income tax
•Now, any Indian citizen, resident or non-resident and OCIs are eligible to join NPS till the age of 65 years.
International Solar Alliance;-
•ISA is an alliance of more than 122 countries initiated by India, most of them being sunshine countries, which lie either completely or partly between the Tropic of Cancer and the Tropic of Capricorn, now extended to all members of UN
•Paris Declaration establishes ISA as an alliance dedicated to the promotion of solar energy among its member countries [aims to global deployment of over 1,000GW of solar generation capacity by 2030]
•Palau has become 76th signatory country to join the International Solar Alliance (ISA).
•India is hosting the second Assembly of ISA. Ministry of New and Renewable Energy is hosting the event

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