Bhubaneswar: Ahead of Assembly and Lok Sabha elections, the Odisha government today hiked old-age pension under Madhu Babu Pension Yojana. People getting Rs 300 will get Rs 500 while above beneficiaries above 80 years will get Rs 700 per month now.

The Madhu Babu Pension Yojana (MBPY) was introduced in the State in 2008 by merging the two pension schemes Old Age Pension and Odisha Disability Pension Schemes.