The fund was released by the state finance department on the directive of Chief Minister Amarinder Singh.
It will be used by the social security department for disbursement of pensions to the elderly, disabled, destitute and widows, an official spokesperson said.
To ensure that only genuine persons get the benefit of pension, a verification was initiated in April, he said.
The chief minister had ordered re-verification of the list of beneficiaries in March to weed out fake names, the spokesperson said.
In line with the promises made in the Congress's poll manifesto, the Amarinder government has taken various initiatives for the social uplift of people, he said.
These include enhancement of old age, disabled, destitute and widow pension from Rs 500 to Rs 750 per month, the spokesperson said.
"Besides, the government is constantly monitoring the process of payment to ensure that disbursement is done in a regular and timely manner.
"The chief secretary has been entrusted with the task of keeping tab on the entire process to prevent any harassment to the underprivileged because of official apathy," the spokesperson said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
