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UP Chief Minister Akhilesh Yadav to launch pension scheme for 40 lakh families

Lucknow:  On November 5, Uttar Pradesh Chief Minister Akhilesh Yadav will launch a pension scheme for 40 lakh families, including those belonging to the Scheduled Castes (SC), Scheduled Tribes (ST) and minorities, in the state.The

IANS [ Updated: October 24, 2014 13:48 IST ]
up chief minister akhilesh yadav to launch pension scheme
up chief minister akhilesh yadav to launch pension scheme for 40 lakh families

Lucknow:  On November 5, Uttar Pradesh Chief Minister Akhilesh Yadav will launch a pension scheme for 40 lakh families, including those belonging to the Scheduled Castes (SC), Scheduled Tribes (ST) and minorities, in the state.

The Samajwadi Pension Scheme will cover 12 lakh SC/ST families as well as 10 lakh minority and 18 lakh poor families, the state government has announced.

On Friday, the government spokesman said the chief minister will launch the scheme at the Janeshwar Mishra park in Gomti Nagar by giving pension cards to the first lot of beneficiaries.

Under the scheme, the head of the beneficiary family will be entitled to Rs.500 per month in the first year of the scheme. Between the second and the sixth year, there are provisions of increasing the pension amount by Rs.50 per year.

For instance, a beneficiary will get Rs.550 per month in the year 2015-16 and by the end of the sixth year, the amount would stabilize at Rs.750 per month, the spokesman added.

The chief minister has often been criticised in the past for poor governance and law order record in the state. Uttar Pradesh goes to the polls to elect a new assembly in 2017.

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