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71 BPSC ALL IN 1 English: PT [Hardcopy] + Mains [eBook in App] + Bihar Current Affairs [eBook in App] + National International Current Affairs: [eBook in App] English| Updated till Exam* | For All Bihar Exams (Copy 1)

1.5 Bihar Mukhyamantri Vridhajan Pension Yojna

Scheme Parameters

Details

Scheme name

Bihar Mukhyamantri Vridhajan Pension Yojna

Launched Year

1 April 2019

Started By

Chief Minister Nitish Kumar

Objective

The aim of this scheme is to provide financial assistance to senior citizens aged 60 years and above so that they can survive with their income.

Beneficiary state

Bihar

Beneficiaries

Senior citizens aged 60 years and above

Financial Assistance

  • Individuals aged 60-79 years receive a monthly pension of ₹400.
  • Those aged 80 years and above will get ₹500 per month.

Budget allocation in 2023-24

Rs. 897.38 crore

Department implementing the scheme

Social Welfare Department

Application mode

Online/ Offline

Eligibility

  • Must be a resident of Bihar.
  • Should not be a retired government employee.

Benefits & important points—

  • This will provide financial assistance to senior citizens.
  • Monthly pension can help senior citizens meet their basic needs.
  •  The pension amount is directly credited to the beneficiary’s bank account through the Direct Benefit Transfer (DBT) system, ensuring transparency and reducing the chances of corruption or delay.

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