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Odisha government hikes pension of construction workers, Real Estate News, ET RealEstate

Odisha government hikes pension of construction workers, Real Estate News, ET RealEstate


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BHUBANESWAR: Odisha Chief Minister Naveen Patnaik on Sunday hiked the monthly pension of construction workers in the state. Under the revised scheme, workers aged above 60 will now receive a monthly pension of Rs 1,000, up from the previous Rs 500. Similarly, workers above 80 years will receive Rs 1,200 per month, compared to the previous Rs 700.

According to an official release, construction workers registered under the Odisha Building and Other Construction Workers’ Welfare Board are eligible for the pension.

The enhanced pension will be retroactively effective from February 2024, and the additional cost will be covered by the board’s own funds.

The decision to increase the pension was based on suggestions provided by construction workers and their representatives to 5T chairman VK Pandian during his visits to various districts in the state.

Around 5,000 residential holdings in Bhubaneswar are being used for commercial purposes, resulting in the loss of tax revenue for Bhubaneswar Municipal Corporation (BMC).

  • Published On Mar 4, 2024 at 11:00 AM IST

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