"With the aim of reducing inconvenience in obtaining old age pensions, Punjab Government has come up with an improved disbursement mechanism," Punjab revenue minister Bikram Singh Majithia said while addressing people in Hadiatpura village in Majitha constituency.
"To rid people of all inconvenience it has been decided that representatives of the banks would approach people to ensure timely disbursement of pensions," the minister said.
Majithia said that initially, the old age, widow and handicap pensions were disbursed by Sarpanches (village headmen) but it was observed that people often failed to get their pensions on time.
The state government then initiated the process of disbursement of pensions via banks, he said.
However, this mechanism too had drawbacks as people felt harassed to go to the banks every time to get the pensions, he said.
Therefore the new system will be introduced to remove all inconvenience related to receiving pension, he said.
This system has been adopted on pilot basis in some blocks and has been successful, he said, adding, it would now be implemented in the entire state.
Majithia asked people for to support the anti-drugs campaign started by him.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
