Defence Ministry has said that the System for Pensions Administration – Raksha or SPARSH has disbursed more than three thousand ninety crore rupees to Defense Pensioners digitally in the month of August this year

0

Defence Ministry has said that the System for Pensions Administration – Raksha or SPARSH has disbursed more than three thousand ninety crore rupees to Defense Pensioners digitally in the month of August this year.
In another milestone, more than five lakh sixty two thousand Defence Pensioners migrated successfully on the digital platform of SPARSH in August.
The total number of pensioners onboarded to SPARSH has crossed over one million mark with 11 lakh beneficiaries, which is nearly 33 per cent of the total defence pensioners in the country.
The Ministry said, this transformational change has been made possible only through incremental innovations. SPARSH is the web-based system processing the pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.
It has grown exponentially with more than 11 thousand 600 crore rupees disbursed in 2021-22, from just about 57 crore rupees in 2020-21.

Leave A Reply

Your email address will not be published.