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Rs 2,714.78 cr released for Aug Bharosa pensions

Rs 2,714.78 cr released for Aug Bharosa pensions

The Hans India 2 weeks ago

Chief Minister of Andhra Pradesh Nara Chandrababu Naidu

Amaravati: The state government released Rs 2,714.78 crore towards NTR Bharosa pensions for 62,07,573 beneficiaries across the state for the month of August, according to minister for MSME, rural poverty alleviation Kondapalli Srinivas.

In a statement here on Thursday, the minister said that pension payments in the six districts of north Andhra would be made a day in advance, on July 31, in view of Prime Minister Narendra Modi's visit to dedicate the Alluri Sitarama Raju International Greenfield Airport to the nation on August 1.

A total of 11,98,044 beneficiaries in the six north Andhra districts will receive Rs 514.42 crore on Thursday. The remaining 50,09,529 pensioners across the rest of the state will receive Rs 2,198.31 crore on August 1, he said.

The minister said that since the coalition government assumed office, it has spent a record Rs 70,907.41 crore on pension payments, reflecting its commitment to the welfare of senior citizens, persons with disabilities, widows, and other vulnerable sections of society.

Srinivas reiterated that the government is committed to ensuring the timely disbursement of NTR Bharosa pensions, with beneficiaries receiving their pensions on the first day of every month.

He said the initiative reflects the coalition government's focus on social security and the welfare of the poor, elderly, and underprivileged families across Andhra Pradesh.

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