Government lowers pension age limit for BPL category
An additional 72.32 lakh persons in the age group of 60-64 years and living below the poverty line will get pension benefits with the lowering the age limit to 60.
Also decided to increase the rate of pension to persons of 80 years and above from Rs 200 to Rs 500.
The revised norms would be applicable with effect from 1stApril this year and total additional requirement will be Rs 2,770 crore for implementing the Indira Gandhi National Old Age Pension Scheme– part of the National Social Assistance Programme of the Central government.
At present 169 lakh persons above the age of 65 years and living below poverty line are receiving Central assistance under Indira Gandhi National Old Age Pension Scheme.
The additional funds required will be Rs 1,736 crore for providing old age pension at Rs 200 per month per beneficiary in the age group of 60-64 years and Rs 953 crore for providing enhanced pension at Rs 500 per month per beneficiary of age 80 years and above