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ECONOMY

Senior citizen allowance increased to Rs 4,000 a month

KATHMANDU, May 29: The government has hiked the monthly senior citizen allowance to Rs 4,000.
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By Republica

KATHMANDU, May 29: The government has hiked the monthly senior citizen allowance to Rs 4,000.



Unveiling the annual budget for fiscal year 2021/22, Finance Minister Bishnu Poudel stated that the monthly senior citizen allowance has been increased to Rs 4,000.


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Senior citizens demand increase in old age allowance


Prior to this, the monthly senior citizen allowance was Rs 3000 which has now been increased by Rs 1,000.


Likewise, the government has also increased all kinds of social security allowances by 33 percent allocating Rs 100 billion for the purpose.


 

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