Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Livemint
Livemint
National
Livemint

Good News! HP govt reduces age limit for pension to 60 yrs, increases amount to ₹1,500

The earlier monthly pension amount was ₹1,001. The age limit for pension was 70 years earlier. Photo: iStockphoto

SHIMLA : Himachal Pradesh Chief Minister Jai Ram Thakur on Friday announced the state's budget for the financial year 2022-23. In that he declared that the state had decided to reduce the age limit for pensioners to 60 years and increase the monthly old-age pension amount to 1,500. 

The earlier monthly pension amount was 1,001. The age limit for pension was 70 years earlier.

Thakur, who also hold the state's finance portfolio, presented his fifth and last budget of the current government. He also announced to increase the Member of Legislative Assembly Local Area Development Scheme (MLALAD) fund from the existing 1.80 crore to 2 crore.

The MLALAD fund has been increased by 20 lakh in the Budget, which is the last one before the next Assembly elections scheduled to be held in December.

Thakur stated that a total of 90 lakh increase had been made in the MLALAD fund during his government.

The chief minister also announced to increase the discretionary grant for MLAs from 10 lakh to 12 lakh per annum for the next fiscal.

On the health sector, the chief minister declared to create 500 new posts for doctors in the state.

Thakur announced that a provision would be made whereby the Himcare Card for availing free health services for various ailments will be required to be renewed after three years instead of every year.

Honorarium for Mayor, Deputy Mayor and councillors in municipal corporations has been increased from 12,000 to 15,000, from 8,500 to 10,000 and from 5,050 to 6,050 per month, respectively, he added.

He announced that that Sardar Patel University in the Mandi district would start functioning in April 2022.

Thakur also announced to construct 1000 new Anganwadi Bhawans in the state.

A total of 789 plans from NABARD worth 3,200 crore was approved during the five-year tenure of the previous Congress government, whereas that during the current government stood at 3,452 crore for 826 plans, he added. 

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.