Business Daily from THE HINDU group of publications
Saturday, Jul 15, 2006
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Industry & Economy - Social Security
Government - Financial Policy
Old-age pension raised to Rs 200

Our Bureau

New Delhi, July 14

The Cabinet on Thursday revised the pension under the National Old Age Pension Scheme to Rs 200 from Rs 75 per beneficiary per month.

Effective from April 1, 2006, the scheme will benefit destitute of the age of 65 and above. An additional budgetary allocation of Rs 1,430 crore has been made for the purpose, said Mr Priya Ranjan Dasmunsi, Union Information and Broadcasting Minister.

The Cabinet also extended the term of the second Administrative Reforms Commission (ARC) by one year up to August 31, 2007. The second ARC was set up on August 31 last year as a Commission of Inquiry, under the Chairmanship of Mr Veerappa Moily, to prepare a blueprint for revamping the public administrative system.

More Stories on : Social Security | Financial Policy | Pension Plans

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Employers' bid to make people employable

Kerala launches deficit rain insurance cover
TNEB sets up task force on evacuation of wind power
Old-age pension raised to Rs 200
Pricol, Indian Bank, LIBA win MMA awards
French honour
Madras HC admits plea against bogus ration cards issue
Exports rise 40.17 pc in June
`Review on oil prices only next month'
Why investment-linked sops make better economic sense
No change in our stance on inflation: RBI
Inflation up on costlier manufactured items
`Implement HIV/ AIDS policies at workplace'
Apollo to serve Ethiopian patients
`Crude may top $80 in short term'
Energy policy on backburner
`6-hour power supply for rural areas'
`GST promises to have a positive impact on all stakeholders'
Chidambaram, VAT panel chief discuss compensation package
AP to examine VAT rate on tea
NTC close to assuming single corporate entity
Govt will crack down on terrorists
India Vision to launch second channel in Nov
Luxor acquires stake in prep school
AP okays Vedic varsity draft
IPE announces admission
MAHE plans more tie-ups with overseas universities
India ranked 11th in OICA global car output for 2005
Lamborghini debuts with 2 models
HDFC property fair in Madurai
Cambridge, Cushman &Wakefield tie up
Plea for higher duty drawback rate for cotton knitted garments
Panel to monitor divestment of WMDC stake in MSL
FIPB clears 68 pc FDI in Hutchison Essar
Stringent monitoring of foreign investments mooted
Renascent ties up with Hope Trust
Star told to share channels with Dish TV in 15 days
G-8 Summit: Lots of issues to ponder over
Mack Brooks, Inter Ads tie up for airport expos
Tax officer as business manager
Taxation Laws Bill amended
Kerala hopes to get disaster relief soon
Floods hit rail traffic between Kolkata port, Amingaon ICD
ADB to give $5-m grant to Kerala, TN
Why does the wire go haywire during a jam?
`Export council must for medicinal herbs'

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line