CURRENT AFFAIRS

Detailed explanation-1: -The Andhra Pradesh government will distribute the enhanced social security pension of ₹2, 750 to 64.02 lakh beneficiaries under the YSR Pension Kanuka scheme, starting January 1, 2023. Previously, the pension was ₹2, 500.

Detailed explanation-2: -Andhra Pradesh Government have announced “Navarathnalu” comprising of various welfare and developmental programmes to achieve this objective.

Detailed explanation-3: -Employees can get a guaranteed pension of 33 per cent of their last drawn salary if they contribute 10 per cent of their basic salary every month which is matched by a 10 per cent contribution by the state government.

Detailed explanation-4: -The government announced YSR Pension Kanuka as part of the welfare measure to ameliorate the hardships of the poor and vulnerable sections of the society particularly the old and infirm, widows, and persons with disability to secure a dignified life..