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KNRKWB-Pension Sanction Details (2021-22 to 2023-24)


Observations

1.    Number of Registrants: In 2021-22, 64,151 individuals registered for the pension. In 2022-23, the registrants increased significantly to 90,354, reflecting a growth of 40.8%. For 2023-24 (until October), the number of registrants is 35,618, indicating a decline compared to the previous years, possibly due to incomplete data (partial year).
2.    Number of Pensioners: In 2021-22, 23,117 individuals received pensions. In 2022-23, the figure rose to 34,061, marking a substantial increase of 47.3%. By October 2023, 41,471 individuals had been sanctioned pensions, already surpassing the previous year.
3.    Amount Sanctioned: The total pension amount sanctioned in 2021-22 was ₹525.8 million. This grew to ₹1,244.2 million in 2022-23, an increase of 136.5%. In 2023-24 (up to October), ₹982.5 million had been sanctioned, reflecting a substantial allocation within just seven months of the fiscal year.

Conclusion

The KNRKWB has demonstrated a significant growth in both the number of pensioners and the total pension amount sanctioned over the years, indicating a progressive trend in providing financial support. However, the decline in registrants in 2023-24 (partial data) should be monitored to ensure no gaps in accessibility or awareness. The substantial allocation for 2023-24 highlights a commitment to addressing the needs of eligible individuals effectively.