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Government renames prominent pension schemes: Increase disability pension amount; continues old aged and widow pensions

The Indian government has approved the continuation of the National Social Assistance Programme with significant financi...

Government renames prominent pension schemes: Increase disability pension amount; continues old aged and widow pensions
Source: Economic Times - Personal Finance

The Indian government has approved the continuation of the National Social Assistance Programme with significant financial outlay. Changes will be made to pension schemes, including eligibility criteria and assistance rates. The eligibility for disability pension will now depend on 40% disability against the previous 80%. This initiative aims to benefit 3.20 crore individuals across all states and Union Territories.

SOURCE: Economic Times - Personal Finance
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