BMTC Distributes Pension Payment Orders Under "Prayaas" Scheme

01 July
News Flash 
Reported: Vishal Mayur

Minister Ramalinga Reddy Leads BMTC's Efforts in Enhancing Public Transportation Services

Bengaluru: The Bangalore Metropolitan Transport Corporation (BMTC) remains steadfast in its commitment to efficient public transportation across city. Operating from 49 depots and managing a diverse fleet of buses, BMTC caters to the varied needs of commuters.

In a development under the 'Prayaas' scheme facilitated by the Regional Provident Fund Office, Transport Minister Ramalinga Reddy took the lead in distributing over 100 pension payment orders to eligible BMTC employees who had completed 58 years of service on Monday.

Launched on July 21, 2020, the 'Prayaas' scheme aims to streamline the pension issuance, addressing previous delays that could extend up to a year due to administrative inefficiencies and documentation requirements. Under this scheme, pension payment orders are now issued promptly on the employee's last working day at 58 years.

Since its inception, BMTC has issued a total of 160 pension orders through the 'Prayaas' scheme. A recent instructional meeting held in June 2024 with the accounts department ensured clarity on documentation requirements, facilitating seamless implementation. BMTC's collaboration with Regional Provident Fund officials further expedited the distribution of pension payment orders to eligible retirees.

In June 2023, BMTC launched the 'Shakti Scheme,' providing free travel for women, significantly benefiting over 75.57 crore women from Karnataka since its inception. The scheme's popularity has led to an increase in daily trips by 1,654, totaling 58,300 trips per day, covering 11.52 lakh kilometers with 5,637 schedules. BMTC now serves an average of 40 lakh passengers daily, highlighting its pivotal role in urban transportation.


 

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