Friday, March 29, 2024
HomeAndhra PradeshAP Govt to hike old-age pension from January

AP Govt to hike old-age pension from January

The chief minister of Andhra Pradesh YS Jagan Mohan Reddy announced an increase in old age pension from Rs 2,500 to Rs Rs 2,750 per a month that would come into an effect from January 2023. This would be hiked later to Rs 3,000, as he had promised before the 2019 elections. Jagan, addressing a meeting after the launch of the third phase of the state-wide YSR Cheyutha scheme from Animiganipalli in Kuppam constituency, said the scheme would help women of SC, ST and backward sections in running their families with pride.

This is a key step towards women empowerment. The chief minister also said, “Under the YSR Cheyutha, the beneficiary women receive a cash assistance of Rs 18,750 per year, aggregating to Rs 75,000 in 4 years. A weeklong Cheyutha festival would be held in Kuppam and elected representatives would visit each house from mandal level and share the happiness that comes with the scheme.”

About 26.39 lakh beneficiaries are receiving Rs 4,949.44 crore directly into their bank accounts under YSR Cheyutha for the third consecutive year. In the past 3 years, Rs 14,110.62 crore was given under the scheme. Apart from this, Rs 19,617 crore was disbursed under the Amma Vodi to Rs 44.50 lakh beneficiaries. Under YSR Asara, Rs 12,758 crore was given to 78.74 lakh beneficiaries while Rs 3,615 crore was given under the YSR Zero interest scheme.

Jagan said, “Unlike the time of the previous Chandrababu Naidu government, all sections of people are experiencing the joy of development in the past three years of the YSRC rule and this is evident everywhere.”

More like this
Related

A grand musical night with Shankar Jaikishan Melodies

Recently, Shankar Jaikishan's melodious songs were arranged during the...

“Telugu Films Set to Light Up Screens on Mahashivarathri Weekend”

As the Mahashivarathri weekend approaches, a flurry of Telugu...

“Rashmika Mandanna’s Memorable Moment as Presenter at Crunchyroll Anime Awards”

Rashmika Mandanna recently added a new feather to her...

“Rashmika Mandanna’s Enigmatic Bond with Vijay Deverakonda”

Amidst her attendance at the Crunchyroll Anime Awards in...

Top Stories