Karnataka extends pensions to 20 lakh people with annual income up to ₹1.20 lakh
GS3Economy · S&T · Environment · Security· Employment & inclusive growth· Prelims·
Why in news
The Karnataka government extended the Social Security Pension scheme to include beneficiaries with an annual income up to ₹1.20 lakh, impacting over 20 lakh people.
Background
The Karnataka government reviewed the Social Security Pension scheme and decided to include beneficiaries with an annual income between ₹32,000 and ₹1.20 lakh. This decision follows a review that identified approximately 23.14 lakh beneficiaries within this specific income bracket.
Facts for Prelims
- FactThe revised annual income cap for the Karnataka Social Security Pension scheme is ₹1.20 lakh.
- FactThe scheme benefits over 20 lakh people in the state of Karnataka.
- BodyThe Revenue Department is the nodal body responsible for issuing the order for pension distribution.
For Mains
Q. Discuss the significance of inclusive social security schemes in alleviating poverty and ensuring economic inclusion for marginalized sections in India.
Dimensions to cover in your answer
- socio-economic upliftment
- fiscal sustainability
- targeted delivery mechanisms
- inclusion of low-income brackets
Keywords: social security · economic inclusion · poverty alleviation · fiscal policy · marginalized sections
More Economy notes
- New LPG connections still on hold due to latest flare-ups in West Asia · 26 August 2026
- India, the world's largest sugar consumer, is importing 1 million tonnes · 26 August 2026
- India-Japan 'Shark Tank'-style pitch series proposed to boost startup ties · 26 August 2026
- Construction for India's first bullet train on the Mumbai-Ahmedabad High-Speed Rail Corridor · 26 August 2026
- AERA cuts Hyderabad airport user fee for domestic passengers by over 30% · 26 August 2026
- UPI Surges Past Rs 314 Lakh Crore in Payments Since Launch · 26 August 2026
Something wrong, or something missing?
Spotted a mistake in a note, or want a topic, format or PDF that would help your preparation? Write to us. We read every mail and fix errors fast.
This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.