Goa govt recovers Rs 39 crore from ineligible social security scheme beneficiaries
Dayanand Social Security Scheme
(DSSS) beneficiaries for over a year has deleted the names of 14,000 beneficiaries, including 2,000 of those who are running full-fledged businesses, and has recovered Rs 39 crore from them.
'The money was being deposited in beneficiaries' accounts even after their death. Some passed away in 2011 and 2014, yet the monthly DSSS money was being credited to their accounts,' director of social welfare Ajit Panchwadkar told TOI.
'It was a huge exercise to first identify those who had died and then to write to banks to return the money,' he said.
Govt sent out notices to banks in around 5,000 cases for the recovery of money.
The directorate is continuously working to plug loopholes and to clean up the beneficiary list of the scheme that warrants close monitoring because it is a recurring scheme.
It began with beneficiaries in the 80+ age category and recently covered the 75-80 age category. DSSS beneficiaries have been brought down to 1.3 lakh, and the monthly burden on the exchequer reduced from Rs 29 crore to Rs 25 crore. Last year, govt capped the number of beneficiaries at 1.4 lakh.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
The Highest Earning College Majors—2025 Edition
Best Paying Degrees | Search Ads
Learn More
Undo
'We have been relieved of a liability of Rs 3 crore per month and have made space for 10,000 new, deserving beneficiaries,' Panchwadkar said.
Govt, at the same time, also began disbursing financial aid under the amended scheme with increased pension for widows.
The directorate, he said, is in the process of integrating its data with the records of births and deaths so that the department can be updated in the case of the death of a beneficiary.
Govt has also started giving instructions to banks not to allow withdrawals if the scheme amount is left untouched for six months.
'We have asked banks to ask beneficiaries to submit a letter with genuine reasons as to why the money has not been withdrawn,' Panchwadkar said. 'Otherwise, we will presume the person is financially sound and no longer requires financial assistance. This is assuming there was no medical emergency in the family.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
8 minutes ago
- Business Standard
HCLTech CEO Vijayakumar earns $10.85 mn in FY25; tops TCS, Infosys heads
HCLTech CEO C Vijayakumar earned $10.85 million (about ₹94.6 crore) in the financial year 2024-25, making him one of the highest-paid executives in the Indian IT sector and surpassing the earnings of chiefs at larger rivals TCS and Infosys. The company's board has also approved an over 71 per cent increase in his current remuneration to $18.6 million (about ₹154 crore) for the next financial year, according to the company's annual report. Vijayakumar's FY25 compensation places him ahead of his peers at India's top two IT firms. For the same period, TCS CEO K Krithivasan's remuneration was ₹26.52 crore, while Infosys CEO Salil Parekh earned Rs 80.62 crore. Vijayakumar's earnings also topped those of Wipro CEO Srinivas Pallia ($6.2 million or about Rs 53.64 crore) and Tech Mahindra CEO Mohit Joshi (₹53.9 crore). According to HCLTech's annual report, Vijayakumar's total remuneration in the fiscal year ended March 31, 2025, comprised a base salary of $1.96 million and a performance-linked bonus of $1.73 million. The largest portion of his earnings came from long-term incentives, with exercised Restricted Stock Units (RSUs) valued at $6.96 million. An additional $0.20 million was provided in benefits and perquisites. Vijayakumar, who took over as the CEO in 2016, is based in the US and draws his remuneration from HCL America Inc., the firm's wholly-owned US subsidiary. "Under C. Vijayakumar's leadership, HCLTech's market capitalisation has increased from ₹1,15,000 crore on March 31, 2016, to ₹4,32,000 crore on March 31, 2025, reflecting a growth of 3.8 times since FY16. Over the same period, the market capitalisation of the other four leading Indian listed IT services firms among the top five has grown by approximately 2.5 times," the company said. The company's board has approved a revised remuneration package for Vijayakumar, effective April 1, 2025. The proposed annual salary is set at $18.6 million, marking a 71 per cent increase from his FY25 earnings. The proposed structure significantly increases both fixed and performance-linked components. "The revised compensation acknowledges C Vijayakumar's successful and long-tenured leadership as CEO, recognising his significant contributions to the company's growth and sustained performance over the years," the report said. HCL Technologies posted a 9.7 per cent drop to ₹3,843 crore in consolidated net profit for the June quarter, hurt by higher expenses and one-time impact of a client bankruptcy, but raised the lower end of revenue growth outlook for the full fiscal to 3-5 per cent (from 2-5 per cent earlier) on booking expectations in coming quarters. Shares of HCLTech settled 0.98 per cent lower at ₹1,452.95 apiece on the BSE on Friday.
Time of India
34 minutes ago
- Time of India
Capricorn Daily Horoscope Today, August 3, 2025: Intentions shape the rhythm of the day
This day will be shaped by how clearly you set your intentions. When your goals are focused and planned, everything becomes smoother. There may be distractions, but your disciplined nature will help you handle them. Do not let other people's moods affect your peace. Stay true to your schedule and values. You are capable of solving any challenge today if your purpose is clear. Remember, a calm and structured approach will bring better results than rushing with unclear plans. Capricorn Love Horoscope Today In love, setting healthy boundaries and honest communication will bring peace. If you are in a relationship, try to express your needs kindly but clearly. Avoid expecting your partner to guess what is in your heart. Today is good for building emotional trust by sharing future plans together. If you are single, think about what you truly want in love before saying yes to someone. Real connection grows when both hearts are open with purpose and respect. Capricorn Career Horoscope Today Your career benefits from your strong planning and focus. If you have been feeling stuck, today gives you a chance to clear confusion and move forward. Make a list of tasks and follow it step by step. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: Unsold Sofas Prices May Surprise You (Prices May Surprise You) Sofas | Search Ads Search Now Undo You may receive a new responsibility or offer. Do not feel nervous, as your past efforts are already building trust in others' minds. Avoid workplace gossip or unnecessary discussions. Stay on task and let your work speak. Results may be slow but steady. Capricorn Money Horoscope Today Money matters will become more stable when you follow a routine. It is time to write down a clear budget and follow it with honesty. Avoid overspending on things that are not useful. A small saving today can grow into something meaningful later. Think about long-term security and avoid risky shortcuts. If someone asks for money, think carefully before helping. Your wisdom is your best guide. Investing time in learning about finances will help you feel more in control. Capricorn Health Horoscope Today Health today depends on how you manage your time and energy. Skipping meals or working without breaks can lead to weakness or joint pain. Take care of your body like you take care of your work. Eat on time, drink water, and stretch your legs often if sitting for long. If you feel low energy, try a short meditation or breathing exercise. Rest and routine are your best medicine today. The body listens better when the mind is peaceful and planned. Discover everything about astrology at Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces . Read your detailed Horoscope Today and Horoscope Tomorrow here.
Time of India
an hour ago
- Time of India
Neyyar project to cap water woes in city remains in limbo
T'puram: The proposed Neyyar drinking water project, aimed at addressing the city's water woes, remains in limbo due to the apathy of the officials concerned of Kerala Infrastructure Investment Fund Board (KIIFB) and Kerala Water Authority (KWA) in submitting a detailed project report (DPR) on time. Tired of too many ads? go ad free now Even though, KIIFB was asked to submit a DPR two years ago, the project has not yet received financial and administrative sanctions in the absence of a DPR. Several parts of Kazhakkoottam, Vizhinjam, Venganoor, Manavila, Technopark and Powdikonam are now facing a severe shortage of water. The city needs over 400 MLD of water per day, but the existing plants produce less than 320 MLD per day. KWA officials informed that the delay in implementing the project would leave the city dwellers without water in the imminent future, as there was no alternative source in place. "For the implementation of the project, we may need at least five years. But KIIFB has not even responded to us when asked for updates on the progress of DPR," said a KWA official. Owing to the indifferent approach of KIIFB, the water authority constituted a five-member team to prepare DPR on its own. The team comprises four overseers and an assistant engineer and the plan is to submit the DPR before the govt in two years to obtain the necessary sanctions. "A request was given to KIIFB to share the reports on the studies which were conducted for the project. We will incorporate them in the DPR being prepared by us," the official said. KWA also decided not to cooperate with RITES, agency appointed by KIIFB two years ago for preparing DPR. At an estimated cost of Rs 680 crore, KWA was tasked with the construction of a 120 MLD plant at Neyyar, water tanks, allied facilities and a 23.8km transmission line from Neyyar to the city. Tired of too many ads? go ad free now RITES recommended building a new road from Kattakada to PTP Nagar, an 8km distance, to lay pipes for the transmission line and the road can be used for vehicular movement as well to ease traffic. The new road was recommended to be built at an 8m width from Kattakada to PTP Nagar via Malayinkeezhu, Peyad and Kundamankadavu. The plant costs Rs 90 crore and the remaining amount has to be spent on the transmission line and other allied facilities. City Residents Associations coordinator Sumesh Krishnan opined that much of the water was lost through leakage, and KWA was unable to identify spots where leaks occur. "Leakage, coupled with a lack of enough water in existing sources, leaves many parts of the city without water for days," said Sumesh.
