Ministry of Social Justice and Empowerment is implementing a plan scheme namely ‘An Integrated Programme for Older Persons’ under which financial assistance upto 90 per cent of the project cost is provided to NGOs for establishing and maintaining Old Age Homes, Day Care Centres, Mobile Medicare Units and to provide non-institutional services to older persons.
In addition, the government is also offering various other facilities/benefits like old age pension, higher threshold limit of exemption under Income Tax, higher rates of interest on saving schemes of senior citizens; exclusive Health Insurance Schemes through Public Sector Insurance Companies for senior citizens; travel concessions, etc. Further, the Government has recently enacted the maintenance and Welfare of Parents and Senior Citizens Act, 2007 for providing need-based maintenance and better healthcare facilities to the senior citizens, setting up of old age homes in every district of the country and for institutionalization of the mechanism for protection of life and property of the senior citizens.
This information was given by the Minister of State for Social Justice and Empowerment, Smt. Subbulakshmi Jagadeesan in a written reply to a question in Lok Sabha on 298th Feb 2008.
Source: http://pib.nic.in/release/release.asp?relid=35760
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