Bhubaneswar, Jan 03: The Odisha Cabinet today approved the proposal to enhance the pension amount of the eligible pensioners aged 80 years and above and PwDs having disability percentage of 80% and above under both Madhu Babu Pension Yojana and National Social Assistance Programme to Rs 3500 per month.
The move will come into effect from January 2025.
The earlier pension amount under the scheme was Rs 1,200 monthly.
The Cabinet also approved extension of the Mukhyamantri Krushi Udyog Yojana (MKUY) for another five years.
A budgetary provision of Rs 847.14 crore has been also approved to provide subsidy to the agri-entrepreneurs.
Introduced in June 2028, the Mukhyamantri Krushi Udyog Yojana aims at encouraging agri-entrepreneurs and generating employment opportunities in the farm and allied sectors. The scheme was revised earlier twice in December 2020 and January 2024.
The Cabinet also approved the government guarantee of Rs 17,500 crore for the new bank loans to be availed by the Odisha State Civil Supplies Corporation (OSCSC) for a period of five years.
