Finance Minister T. Harish Rao on Wednesday clarified that the monthly Aasara pension scheme, with a reduced eligibility age of 57 effective from the next financial year, was already made sufficient allocations.
With regard to estimates to sectors of education, agriculture and job notifications too, proportionate and utmost priority was given, he said, explaining direct, indirect and other factor allocations that contribute for the sector’s overall allocation during the year.
The revised age for Aasara pension was considered last year but was not implemented due to COVID-19 situation. The scheme was allotted the same ₹11, 728 crore even last year, and it left a surplus, he said.