DelhiScoop.com
HOME | TOURISM | INFO TECH | NEWS | REAL ESTATE | HEALTH | INFRASTRUCTURE | EDUCATION | CONTACT US - SANJAY @ 98 119 87371

Pension scheme for poor senior citizens, benefit 16 million indigent citizens above the age of 65


By Sumit Kumar, Section News
Posted on Tue Nov 20, 2007 at 04:25:29 AM EST

The government today launched an old age pension scheme that will benefit 16 million indigent citizens above the age of 65 and entails an annual expenditure of Rs 3,772 crore for the state exchequer.

Named after late Prime Minister Indira Gandhi, the scheme seeks to provide Rs 200 per month as the union government's contribution and a matching amount by the states to each beneficiary.

Launching the scheme, Prime Minister Manmohan Singh asked the states to increase their contribution to the benefits that were being given and ensure that "no one is left out".

At present only 11 states provide a matching contribution of Rs 200 per person towards the scheme, which was originally introduced in 1995 with a beneficiary getting a mere Rs 75 as the Centre's contribution.

The PM also promised to review the scheme to include senior citizens above 60 years in the below poverty line (BPL) category, widows and physically disabled.

Finance minister P. Chidambaram said the state government should ensure that every beneficiary opens an account, either with a bank or post office, so that the money could be directly credited into their account. Observing that by July next year it could be possible to transfer the fund through the click of a mouse, he wanted the states to ensure that there were no leakage of funds.

TNS

< Metro Plans New Stores In Mumbai, Kolkata | Kolkata Municipal Corporation Misses Deadline To Clean Up Ghats After Durga Puja >
Display: Sort:
Display: Sort:
Win A Jeans Twice a Week
&
Win A Kurta 7 Days A Week
MEMBERS AREA

Make a new account

Username:
Password:
 ACTION CENTER

Internet Services

Who's Online? (6)

. Unregistered Visitors (6)

Note: You may cloak yourself from appearing here in your Display Preferences.

Site Stats

No Access

Recent Comments

. GOOD ATTEMPT (khurshid anwar)

. Private investment is must for countries growth (khurshid anwar)

. comment (syeedunsyd)

. comment (syeedunsyd)

. Gift Tax (Mrs Gupta)

. DTDC (tanay253)

Recent Member Diaries


More Diaries...

Front Page

Monday December 1st
. Special Economic Zones (SEZs) Lose Sheen Amidst Credit Crisis (0 comments)
. West Bengal industrial growth rate higher than national average (0 comments)
. Realty Faces Reality, Here Is What Three Key Real Estate Consultants Said: (0 comments)
. Two New Research Wings At School of Tropical Medicine (STM) Soon (0 comments)

Sunday November 30th
. Land Acquisition Fears Hit Power Projects In Bengal (0 comments)
. EWDPL Eyes Cash Crunch-Hit Mall Projects, Who Are Unlikely To Finish Their Projects (0 comments)
. India's Property Market Continues To Weaken With Discounts Of Up To 50% (0 comments)

Saturday November 29th
. The ground reality (0 comments)

Friday November 28th
. Calcutta University (CU) Decides To Change Undergraduate Exam Pattern (0 comments)
. 'RadioCabs.in.' first portal where you can get any types of information related to Radio cabs (0 comments)

Thursday November 27th
. SEZ Applications To Go Online'www.sezindia.nic.in', Help The Developers To Apply In Tax Free Zones (0 comments)

Wednesday November 26th
. Govt To Set Up Land Bank To Woo IT Majors, Aime To Avoiding A Repeat Of The Land Crisis (0 comments)
. Ambani Institute Bill Passed After Debate (0 comments)
. A Flyover, A Railway Overbridge And A Service Road Are Part Of Rs 400cr Plan To Decongest Bypass (0 comments)
. Kolkata Metro To Get 7-km Extension with Dumdum To Dakhineshwar (0 comments)
. Railways plans ticketing system that doesn't trip on power (0 comments)

Tuesday November 25th
. Global Meltdown Cast A Shadow Over The State's First FDI Venture In Real Estate (0 comments)
. 26th North Bengal Book Fair To Begin On Wednesday At Kanchenjungha Mela Ground (0 comments)
. Bengal Engineering and Science University (Besu) Classes Next Week (0 comments)
. Makeover Drive On North Calcutta Streets, Starting With The Shyambazar Five-Point Crossing (0 comments)
. City Set To Get Its First Badminton Academy By January (0 comments)
. On the Net, confidential information is monitored everyday. how much of a factor is privacy? (0 comments)

Monday November 24th
. Reserve Bank of India (RBI) Told To Push Core Status For Special Economic Zones (SEZs) (0 comments)
. Home Buyers Worry About Job Security In The Current Economic Scenario, Say Experts (0 comments)
. Reduce Property Prices and Lower interest rates must for revival: DLF (0 comments)

Older Stories...


All trademarks and copyrights on this page are owned by their respective companies. Comments are owned by the Poster. The Rest (c) GurgaonSCOOP.com and QBTPL.
submit story | create account | faq | search