Odisha scraps pension quota system, expands beneficiary count
In short
Odisha has ended its quota-based pension system and widened the Madhu Babu Pension Yojana. The scheme now covers 4.18 million people, adding more than 500,000 beneficiaries. Annual spending will rise by ₹625 crore.
The change means more people in the state will receive pension support under the revised system.
What the reporting says
Odisha’s state government has abolished the quota-based pension system and expanded coverage under the Madhu Babu Pension Yojana to 4.18 million beneficiaries. The change adds more than 500,000 people to the scheme and increases spending by ₹625 crore a year. The move broadens pension access across the state under the revised rules.
Why it matters
Odisha’s state government has abolished the quota-based pension system and expanded the Madhu Babu Pension Yojana to 4.18 million beneficiaries. The syndicated summary says the expansion adds more than 500,000 people and will cost an extra ₹625 crore each year. The move changes pension coverage and raises annual government spending on the scheme.