Rajasthan government is planning to launch a pension scheme for the labourers who have crossed the age limit of 60 years. The proposal has been prepared by the Life Insurance Corporation (LIC) and will be presented before the board meeting scheduled next month.

• As per the proposal, labour department will transfer Rs 400 crore to LIC and from which labourers registered with the building and other construction welfare board (BOCW) will receive pension of Rs 1,000 per month. According the officials, LIC has been working on the same lines in some other states and was willing to launch it in Rajasthan too.
• “The scheme is in the pipeline. To carry out the modalities, a committee has been formed which have members from finance, labour, banks and LIC. Once they submit their report, it will be presented before board. If everything is cleared then we are expecting to complete the formalities before next month” said an official of the department.

Fact about Rajasthan:

Rajasthan  is India’s largest state by area (342,239 square kilometres (132,139 sq mi) or 10.4% of India’s total area). It is located on the north-western side of the country, where it comprises most of the wide and inhospitable Thar Desert and shares a border with the Pakistani provinces of Punjab to the northwest and Sindh to the west, along the Sutlej-Indus river valley.

Rajasthan is divided into 9 regions; Ajmer State, Hadoti, Dhundhar, Gorwar, Shekhawati, Mewar, Marwar, Vagad and Mewat which are equally rich in its heritage and artistic contribution. These regions have a parallel history which goes along with that of the state.

The politics of Rajasthan is dominated mainly by the Bharatiya Janata Party and the Indian National Congress. The Chief Minister, serving the second term, is Vasundhara Raje.