Kerala To Begin Distribution Of Social Security Pension From March 15 Amid Financial Crisis In State

Kerala Minister KN Balagopal claimed that the Centre obstructed the state's ability to secure loans at the financial year's end in response to Kerala's Supreme Court petition against these actions.

KN Balagopal said the pension will be delivered directly to those who have provided their bank account numbers.

Source : Facebook/KNBalagopal

The distribution of one installment of social security and welfare fund pension will start on March 15, Kerala government announced on Monday amid an acute financial crisis in the state. Kerala State Finance Minister K N Balagopal said that the amount would be provided to everyone who has undergone muster roll verification.

In a statement, KN Balagopal as per PTI said, "As usual, the pension will be delivered directly to those who have provided their bank account numbers, while others will receive it at home through cooperative societies."

The Minister highlighted that despite financial hurdles imposed by the Central government on Kerala, measures are being adopted to ensure pensions are distributed within the respective month starting April. Balagopal accused the Central government of creating financial strain on the state by withholding tax shares and other revenues and restricting Kerala's access to deserved credit.

He also claimed that the Centre obstructed the state's ability to secure loans at the financial year's end in response to Kerala's Supreme Court petition against these actions.

"Yet, the state is moving forward with initiatives aimed at providing relief to its citizens, including the welfare pension. We are dedicated to swiftly addressing the issues affecting the populace and guaranteeing the effective implementation of relief programs," Balagopal stated.

Pensioners who have furnished their bank account details will receive a monthly pension of Rs 1,600 directly into their accounts. Those who have chosen direct-to-home distribution will have the pension distributed through cooperatives.

The move to expedite pension distribution comes as the government faced criticism from the Opposition Congress-led UDF for delays, which has become a focal point in the lead-up to the Lok Sabha elections. The Lok Sabha elections are scheduled to take place next month.