A momentous achievement has been unlocked as the Rajasthan Assembly successfully passed the visionary ‘Rajasthan Minimum Guaranteed Income Bill, 2023.’ Revered as an incomparable and historic legislative move, the bill sets forth an ambitious goal of providing a guarantee of wages or pension to every adult residing in the state.
The bill’s core provisions aim to bolster social security measures and tackle poverty by ensuring a minimum income for a vast segment of Rajasthan’s population, extending its support even to those below the poverty line.
Under the ambit of this landmark legislation, all families, regardless of their urban or rural background, are assured an employment guarantee for 125 days each year. Additionally, a minimum pension of Rs 1,000 per month is committed to aged individuals, disabled citizens, and single women, among others.
One of the most significant aspects of the bill is its commitment to adapt to changing economic realities. To safeguard beneficiaries from the effects of inflation and the rising cost of living, the minimum pension will experience an automatic increase of 15 percent each year.
This visionary approach towards income guarantee and pension uplifts the financial well-being of the people and fosters inclusive growth across the state. In its commitment to comprehensive welfare, the government aims to extend various benefits, including free medical treatment, accident insurance coverage, free electricity, and subsidized gas cylinders, further fortifying the financial stability of the beneficiaries.
The passage of the ‘Rajasthan Minimum Guaranteed Income Bill, 2023’ signifies a remarkable leap forward in enhancing social security and uplifting the lives of Rajasthan’s residents, manifesting the government’s unwavering dedication to creating a more equitable and prosperous society.