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Odisha Government Raises Pension to ₹3,500 Per Month

Updated on: Jan 6, 2025, 2:52 PM IST
The Odisha government has enhanced pensions, introduced solar energy subsidies, and implemented women-centric schemes.
Odisha Government Raises Pension to ₹3,500 Per Month
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The Odisha government has introduced significant reforms to improve social welfare, renewable energy adoption, and administrative efficiency. These initiatives, announced by Chief Secretary Manoj Ahuja and Chief Minister Mohan Charan Majhi, aim to uplift vulnerable populations and promote sustainable development.

Enhanced Social Security and Women-Centric Schemes

Chief Minister Mohan Charan Majhi approved the enhancement of the social security pension for elderly individuals aged 80 and above and persons with over 80% disabilities from ₹1,200 to ₹3,500 per month, effective January 2025.

Chief Secretary Manoj Ahuja stated that the government will include all eligible women under the Subhadra Yojana until March 31, 2025. Eligible applicants will receive ₹10,000 in two instalments during 2024. Additionally, the cabinet allocated ₹847.14 crore for five years under the Mukhyamantri Krushi Udyog Yojana to promote agri-entrepreneurship and employment generation.

Renewable Energy and Administrative Reforms

Ahuja announced the launch of the Pradhan Mantri Surya Ghar: Muft Bijili Yojana, which targets 3 lakh households by March 2027. Each household installing 1 KW rooftop solar panels will receive ₹25,000 from the state government and ₹30,000 from the central government.

The cabinet approved a ₹17,500 crore guarantee for the Odisha State Civil Supplies Corporation (OSCSC) over five years, waiving ₹437.5 crore as guarantee commission. Additionally, the administration of minor minerals was shifted from the Revenue & Disaster Management Department to the Steel and Mines Department, alongside the restructuring of statistical services cadres.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Published on: Jan 6, 2025, 2:52 PM IST

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