Current Affairs - State - Discussion

Odisha's Chief Minister Naveen Patnaik announced in a video conference on "Ama Gaon, Ama Bikash" a hike of Rs 200 per month in the social security pension under Madhu Babu Pension Yojana (MBPY). The state government launched Madhu Babu Pension Yojana on January 1, 2008, by merging two pension schemes - Old Age Pension and Odisha Disability Pension schemes. According to the new change,the elderly persons aged over 60 years would get a revised old age pension of Rs 500 per month as against Rs 300 and those who are more than 80 years old, the pension would be Rs 700 per month instead of Rs 500 per month and the enhanced pension will come into effect from February 15, 2019.