Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

CM declares: Odisha to launch unified pension scheme soon

PTI
Updated: February 8th, 2025, 18:24 IST
in Metro, Top Stories
0
Ambedkar - Odisha CM

Pic - OP

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: The Odisha government has decided to implement the Unified Pension Scheme (UPS), ‘Antyodaya Gruha Yojana’ for economically weaker sections of society and another scheme for the construction of block-level stadiums, Chief Minister Mohan Charan Majhi said Saturday.

These decisions were taken at the Cabinet meeting chaired by Chief Minister Mohan Charan Majhi held on Friday night.

Also Read

Naveen Patnaik

BJD chief Naveen Patnaik to undergo surgery; party leaders offers prayers at various temple

3 hours ago
Balasore Flood

Floods in Odisha leave one missing, 50 villages cut off in Balasore

3 hours ago

The Cabinet also approved several other proposals on education, health, sports infrastructure, transportation and social security.

Speaking to reporters  Saturday, Majhi said the state government is set to implement the UPS for its employees who are considered eligible for pension under the National Pension System (NPS).

He said under the provision of UPS, for a minimum qualifying period of 25 years, a pension of 50 per cent of the average basic pay or basic pay earned in the 12 months preceding retirement will be available.

Majhi said that a family pension of 60 per cent of the pension that the employee was drawing before death will be available and the minimum pension amount will be Rs 10,000 after retirement on completing a minimum period of 10 years of service.

He said the employees under NPS can decide to opt for UPS or remain affiliated with NPS.

In UPS, there will be a guaranteed family pension benefit in case of death of a government employee after retirement, which was not available in NPS, the chief minister pointed out.

The state government has also decided to implement Antyodaya Gruha Yojana, which aimed at providing affordable housing to the economically weaker sections of society, those who were denied houses under PMAY, displacement and other such factors.

Under the new scheme, as many as 2.25 lakh houses will be constructed over the next three years, with an investment of Rs 7,550 crore, the chief minister said.

He said the beneficiaries will receive financial assistance of Rs 1.20 lakh to construct houses under the scheme and provisions will remain on a par with the PMAY.

Those who complete their houses within four months of getting the work order will be eligible for a bonus of Rs 20,000, while those who finish within six months will receive Rs 10,000.

The definition of a family has been simplified under the scheme. A family will now include the husband, wife, dependent parents, and children. This will enable newly formed families to benefit from the scheme, Majhi said.

Similarly, to strengthen the sports infrastructure of the state at the grassroots level, Majhi said a new scheme has been approved for the construction of block-level stadiums in all 314 blocks of the state.

This initiative will strengthen the sports infrastructure. For this, an outlay of Rs 4,124 crore has been sanctioned for 5 years in phases, he said.

The chief minister said it has been decided to construct a new bridge near the old one over the Brahmani River on the Cuttack-Chandbali road in Kendrapara district, a bridge over the Mahanadi at Pujaripalli Ghat in Jharsuguda district, and a new bridge to connect Aul and Chandbali over the Kharasrota River at Bharigada on the Cuttack-Chandbali road.

PTI

Tags: Antyodaya Gruha YojanaBhubaneswarMohan Charan MajhiNPSUnified Pension Scheme
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019

Archives

Editorial

Shouldering Arms

June 22, 2025

India has taken it as its responsibility to bring the Voice of the Global South (henceforth VoGS) to the world...

Read more

Quiet Scramble

June 21, 2025

The Modi government has recently relaxed its rules for selecting joint secretaries to encourage more IAS officers to take on...

Read more

Trouble For Iran

Iran flag
June 18, 2025

The escalating conflict between Israel and Iran has plunged the Middle East into deeper turmoil, with ramifications stretching far beyond...

Read more

Korean Challenge

Lee Jae-myung
June 17, 2025

The people of South Korea have shown their maturity as votaries of democracy by recently gifting a landslide victory to...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST