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The Government of Odisha in India has come up with various programs called schemes (jojana) from time to time for the people of the State. This is a list of some of the major ones. This is a list of some of the major ones.
The Madhu Babu Pension Yojana (MBPY) is a beneficial scheme initiated under the Department of Social Security and Empowerment of Persons with Disabilities for the disabled, old age persons in the state of Odisha, India. The Madhu Babu Pension Yojana was launched by Chief Minister of Odisha, w.e.f. 01.01.2008 by merging the two pension schemes i ...
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Pension: Contribution-based pension system. For government employees in 2004 and the general public in 2009. Deendayal Disabled Rehabilitation Scheme: CS MoSJE: 2003: Social Justice: Original form was the 1999 scheme to Promote Voluntary Action for Persons with Disabilities, with the aim of implementing Persons With Disabilities Act, 1995.
Other states have launched state pension schemes that cover individuals from non-BPL households who are not eligible for social pensions under NSAP. In Odisha, for instance, all elderly above 59 years of age and widows whose annual income from all sources is below ₹ 24,000 (US$290) are eligible for the Madhu Babu Pension Scheme. [11]
They typically charge around ₹1,000 for their performances and often play in groups of three to five. These folk musicians receive support from the Government of Odisha through the Mukhyamantri Kalakar Sahayata Yojana, which provides pensions of ₹2,000 per month for general beneficiaries and ₹2,500 for those aged over 80. [4]
India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension (now open for all) and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private ...
The Employees' Pension Scheme (EPS) has been controlled by the EPFO since 1995. The main advantage of this scheme is to provide social security to PF members. Under this scheme, employees working in the organised sector can gain pension benefit after reaching age 58. This EPS applies to new and existing members.