Defence Ministry has said that 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.
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In another milestone, more than five lakh sixty-two thousand Defence Pensioners migrated successfully on the digital platform of SPARSH in August.
SPARSH is a web-based system processing 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.
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