In which year 'Indira Gandhi National Old Age Pension Scheme' was launched?
- AOption (a)
in 2002
- BOption (b)
in 2007
- COption (c)
in 1999
- DOption (d)
in 2003
View answer & explanationHide answer & explanation
Correct answer
in 2007
Why this answer is correct
Explanation
- National Old Age Pension Scheme (NOAPS) is a scheme that attempts to provide eligible participants with financial aid and social protection.
- It helps older citizens in India who are below the poverty line (BPL).
- NOAPS was rebranded and publicly inaugurated in November 2007 and is known as the Indira Gandhi National Old Age Pension Scheme (IGNOAPS).
Important Points
- For those aged 60 to 79 years, the pension is Rs.200 per month.
- The pension for people over the age of 80 is Rs.500/- per month.
Additional Information Beneficiaries for National Old Age Pension Scheme
- The applicant should be at least 60 years old. (It can be used by both men and women)
- Applicants must be from low-income families who meet the government's poverty guidelines.
- Applicants must be poor and have no regular source of financial support from family or other sources in order to qualify for an old-age pension.
- BPL widows and BPL people aged 60 to 79 who have severe and numerous disabilities are not eligible for this program.