Andhra Pradesh Chief Minister Chandrababu Naidu launched the distribution of Rs 4,408 crore under the NTR Bharosa pension scheme for 65.31 lakh beneficiaries on 1st July 2024.
The Telugu Desam Party-led government hiked the pension, which was earlier known as YSR Pension Kanuka under the earlier YSRCP government, from Rs 3,000 to Rs 4,000 per month. Similarly, the pension for specially-abled persons has been increased from Rs 3,000 to Rs 6,000 per month.