The Senior Citizen Pension is an important subject in India, in which the government provides financial assistance to the elderly through various schemes. Recently, a plan has been announced by the Delhi government, which provides for giving ₹ 2500 per month to women of economically weaker sections. But will this scheme be applicable to all the elderly? Let us discuss this subject in detail.
The Government of India has launched several schemes like National Social Assistant Program (NSAP), including Indira Gandhi National Old Age Pension Scheme (Ignoaps). Under this scheme, citizens above 60 years of age of BPL families are given a pension of ₹ 200 to ₹ 500 per month. In addition, there are other schemes such as Pradhan Mantri Vaya Vandana Yojana (PMVVY) and Senior Citizens Savings Scheme (SCSS), which provide financial security to the elderly.
However, a pension of ₹ 2500 per month has been announced by the Delhi government, which is especially for women of economically weaker sections. This scheme is not for all the elderly, but it is for a specific group. Let us further discuss this subject in detail.
Monthly pension schemes for senior citizens
There are many monthly pension schemes for the elderly in India, which ensure their financial security. The purpose of these schemes is to provide a regular income to the elderly, so that they can live their lives in a happy and safe manner.
| Name of the scheme | Description |
| IgNOAPS | Pension of ₹ 200 to ₹ 500 per month to citizens above 60 years of age of BPL families. |
| PMVVY | For citizens above 60 years of age, a minimum of ₹ 1,000 to a maximum of ₹ 10,000 per month. |
| SCSS | For citizens above 60 years of age, the option of investment with regular interest income. |
| AP | For citizens between 18 and 40 years, guaranteed pension of ₹ 1,000 to ₹ 5,000 per month in future. |
| VPBY | For citizens above 60 years of age, regular pension with income tax benefits. |
| EPF | For organized sector employees, pension facility on retirement. |
Pension schemes for the elderly: details and benefits
There are various pension schemes for the elderly in India, which ensure their financial security. Through these schemes, the elderly get regular income, so that they can live their lives in a happy and safe manner.
Benefits of ignoaps
- Eligibility: Citizens above 60 years of age of BPL families.
- Pension amount: ₹ 200 to ₹ 500 per month.
- Application Process: Application can be made online or offline.
Benefits of PMVVY
- Eligibility: Citizens above 60 years of age.
- Pension amount: Minimum ₹ 1,000 to maximum ₹ 10,000 per month.
- Investment limit: Maximum of ₹ 15 lakh can be invested.
Benefits of Scsss
- Eligibility: Citizens above 60 years of age.
- Investment limit: Maximum of ₹ 30 lakh can be invested.
- Interest Rate: Regular reviews are done.
Delhi government’s ₹ 2500 per month pension scheme
The Delhi government has announced a pension scheme of ₹ 2500 per month for the economically weaker section women. The scheme is especially for women who are economically weak and require financial assistance. Under this scheme, women will be provided regular income, so that they can live their lives in a happy and safe manner.
Eligibility and application process
- Eligibility: Women of economically weaker sections.
- Application Process: Application can be made online or offline.
- Registration date: Will start from 8 March.
conclusion
There are various pension schemes for the elderly in India, which ensure their financial security. However, the pension scheme of ₹ 2500 per month has been launched by the Delhi government especially for women of economically weaker sections. This scheme is not for all the elderly, but it is for a specific group. The elderly should take advantage of these schemes according to their eligibility and invest in these schemes to make their lives happy and safe.
Disclaimer: This article provides general information and does not give personal advice about a specific plan. The pension scheme of ₹ 2500 per month has been launched by the Delhi government for women of economically weaker sections, which is not for all the elderly. The elderly should take advantage of these schemes according to their eligibility.
