A pension of Rs 1,481.87 crore would be handed to nearly 48 lakh underprivileged people ahead of Onam, according to Kerala’s chief minister

Kerala Chief Minister Pinarayi Vijayan said on Sunday that Rs 1,481.87 crore will be handed as pension in August to over 48 lakh poor people who have been impacted the hardest by the COVID-19 pandemic.

In a Facebook post, Vijayan stated that with Onam approaching, it was critical that needy people have money in their hands, and so the Social Welfare Pension for the months of July and August was being distributed jointly.

According to his Facebook post, Rs 1,481.87 crore has been sanctioned for this purpose.

He stated that the distribution will be completed by August 10, adding that each of the 48,52,098 beneficiaries would get Rs 3,200 this month, either directly into their accounts or at their houses via cooperative banks.