<h1>Kerala Allocates Rs 1,604 Crore for Welfare Pensions, Aiding 62 Lakh People Amid Central Funding Shortfalls.</h1> The Kerala government has sanctioned Rs 1,604 crore for two instalments of welfare pensions, benefiting around 62 lakh underprivileged individuals who will receive Rs 3,200 each. The distribution will start on Friday, with funds credited to bank accounts or delivered via cooperative banks. This allocation covers the January pension and a pending instalment. Despite financial challenges attributed to Central government policies, Kerala remains committed to uninterrupted pension distribution. The state funds 98% of the pension scheme, with minimal Central assistance. Since November 2023, Kerala has advanced Rs 419 crore to cover the Central government's unpaid share.