India: Nitish’s Universal Pension Scheme: An Act of Political Braggadocio

Submitted by pmassetti on Thu, 07/04/2019 - 16:49
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NewsClick (02.07.2019) The Bihar Government on June 14 launched the Mukhyamantri Vridhajan Pension Yojna (MVPY), an old-age pension scheme that targets people above 60 years of age. The scheme brought under the Direct Benefit Transfer (DBT) programme has two slabs for pension disbursement — Rs. 400 per month for those in the 60 to 79 years age group and Rs 500 per month for the elderly above 80 years. The scheme has been termed ‘universal’ because under this, the pension is no longer limited to the elderly that are identified under the BPL (Below Poverty Line) section.

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