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The Indian government recently announced that it will ensure that every eligible citizen receives their pension on time. This move has been welcomed by pensioners across the country who have long been struggling to receive their due benefits.

The old age pension scheme is aimed at providing financial security to senior citizens who have no other means of support. This scheme has been in place for many years but has faced several challenges in terms of implementation and disbursement. However, the government has now taken steps to streamline the process and ensure that every pensioner receives their due on time.

According to the latest news, the government has set a target of 2023 to ensure that every eligible citizen receives their pension without any delays. Efforts are being made to digitize the system and make it more transparent so that there is no room for any malpractices or frauds. The government has also increased the budgetary allocation for the scheme to ensure that there are no budgetary constraints in disbursing pensions on time.

This move is particularly significant given the economic challenges posed by the COVID-19 pandemic. Pensioners have been particularly hard hit as the pandemic has negatively impacted the economy and reduced their savings, making it all the more crucial to provide them with financial support.

The announcement has been widely welcomed by pensioners and their families, who have long been demanding a more efficient and effective pension system. The move is also expected to have a positive impact on the overall economy as it will increase the income of senior citizens, who are likely to spend a significant portion of their income on goods and services.

In conclusion, the government’s move to ensure that every eligible citizen receives their pension on time is a welcome step that will have far-reaching benefits. It is a positive sign that the government is taking concrete steps to address the challenges faced by pensioners and ensure that they receive the benefits they are entitled to. With the target of 2023 set for successfully implementing the scheme, one can only hope that it will help alleviate the financial hardships faced by pensioners and provide them with the support they need.