In Himachal, old pension scheme issue could hamper BJP’s bid to retain power
2 years, 1 month ago

In Himachal, old pension scheme issue could hamper BJP’s bid to retain power

The Hindu  

As the ruling Bharatiya Janta Party aims to retain power in Himachal Pradesh, the anguish among several government employees over the non-implementation of the old pension scheme could prove to be a major hurdle in BJP’s ambition of ‘mission repeat’. 62, who retired in 2019 at 58, from the post of associate professor at government college at Rewalsar in Mandi, is currently drawing around ₹5,000 as pension under the National Pension Scheme – he firmly believes that scores of government employees and their families will vote in the upcoming Assembly election for political parties that would ensure restoration of OPS. Demanding the restoration of the OPS, several government employees under the banner of the New Pension Scheme Employees Association were holding a relay hunger strike in six districts — Mandi, Kangra, Hamirpur, Solan, Chamba and Shimla — till October 14, when the Model Code of Conduct was imposed, following the announcement of Assembly election. Congress general secretary Priyanka Gandhi Vadra announced at a public rally recently that if the Congress formed the next government, it would implement the OPS in the first Cabinet meeting itself.

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History of this topic

Unified Pension Scheme is a U-turn That Will Have Severe Fiscal Implications
3 months, 4 weeks ago

Unified Pension Scheme is a U-turn That Will Have Severe Fiscal Implications

The Quint  

It is important to note that the NPS was introduced by the Vajpayee government because of a "fundamental issue" associated with the OPS, that is, it was unfunded and will ultimately balloon the nation’s fiscal deficit to unsustainable levels. In 1990-91, the Centre’s pension bill was Rs 3,272 crore, and the outgo for all states put together was Rs 3,131 …

Telangana Government Workers Reject Centre’s Pension Plan
3 months, 4 weeks ago

Telangana Government Workers Reject Centre’s Pension Plan

Deccan Chronicle  

Hyderabad: In a strong show of resistance, state government employees covered under the New Pension Scheme have expressed their firm opposition to the Unified Pension Scheme approved by the Union Cabinet on Saturday. The National Movement for Old Pension Scheme secretary-general, G. Sthitaprajna, voiced the employees' dissatisfaction with the new Unified Pension Scheme announced by the Centre. "If a government …

Govt, workers thrash out key issues in new pension scheme
4 months, 2 weeks ago

Govt, workers thrash out key issues in new pension scheme

Hindustan Times  

Representatives of the government and its employees have reached a consensus on the contentious pension issue, addressing concerns about post-retirement benefits without reverting to the old pension scheme, according to two people familiar with the matter. “After working out the finer details, the committee will submit its report to the government soon.” The resolution addresses three core apprehensions of employees, …

Old vs new pension scheme: Will Budget 2024 offer 50% of last drawn salary as annuity?
5 months ago

Old vs new pension scheme: Will Budget 2024 offer 50% of last drawn salary as annuity?

Firstpost  

Amid calls to restore old pension scheme, government is considering a proposal to increase pension benefits under National Pension System. Reports suggest Finance Minister Nirmala Sitharaman may announce a 50% pension guarantee of employees’ last drawn salary in Budget 2024. File Photo Amid calls, including from Opposition parties, for restoration of old pension scheme, Narendra Modi government is likely to …

Government employees may soon get 50% of last pay as pension under NPS: Report
5 months, 2 weeks ago

Government employees may soon get 50% of last pay as pension under NPS: Report

Hindustan Times  

Central government employees who are covered under the National Pension System may soon receive 50 per cent of their last drawn pay as pension as the government seeks to address concerns over payout disparities, The Times of India reported. The government has ruled out a return to the Old Pension Scheme which guaranteed a defined benefit of half of the …

Post-poll action: ‘Devious’ means: Govt employees, varsity teachers face the heat in Haryana
6 months, 3 weeks ago

Post-poll action: ‘Devious’ means: Govt employees, varsity teachers face the heat in Haryana

Hindustan Times  

While 4 dist social welfare officers ‘sent recovery notices’ to beneficiaries during polls, 10 MDU teachers ‘took part’ in political activity The notices were sent by the DSWOs for the recovery of social security pension amounts wrongly drawn by the beneficiaries. The BJP government in Haryana has placed four district social welfare officers under suspension for allegedly indulging in a …

Congress ignores Old Pension Scheme in Lok Sabha election manifesto, says 'it's in our minds'
8 months, 2 weeks ago

Congress ignores Old Pension Scheme in Lok Sabha election manifesto, says 'it's in our minds'

Op India  

On 5th April, the Congress party released its manifesto ‘Nyay Patra’ for the coming Lok Sabha elections. After strongly campaigning for reverting to Old Pension Scheme in state assembly elections, the party has now backtracked and made no mention of OPS in its manifesto for the general elections. Congress’s decision to restore the Old Pension Scheme has taken a heavy …

Restoration of Old Pension Scheme: Govt. employees to go on indefinite strike from May 1
9 months, 3 weeks ago

Restoration of Old Pension Scheme: Govt. employees to go on indefinite strike from May 1

The Hindu  

A platform of trade unions and associations working among 28 lakh employees of the Union government, including the Railways and Central Public Sector Undertakings, and more than three crore employees and teachers with the State governments have decided to go on an indefinite strike from May 1 demanding the restoration of Old Pension Scheme replacing the present National Pension Scheme. …

Will deliberate on Old Pension Scheme after panel report: Amit Shah
1 year, 1 month ago

Will deliberate on Old Pension Scheme after panel report: Amit Shah

The Hindu  

Union Home Minister Amit Shah said on Thursday that the government would deliberate on restoring the Old Pension Scheme once the committee constituted for the purpose submitted its report. Mr. Shah, while replying to a question on restoration of the OPS at a press conference in Jaipur, said, “We have constituted a committee to study the OPS. As soon as …

We’ll vote for the party that restores OPS, say striking teacher union leaders in Andhra Pradesh
1 year, 2 months ago

We’ll vote for the party that restores OPS, say striking teacher union leaders in Andhra Pradesh

The Hindu  

The indefinite hunger strike launched by the State leaders of the A.P. The State committee leaders said they would not accept either the Contributory Pension Scheme or the Guaranteed Pension Scheme formulated by the State government as an alternative to the OPS. They said the government employees, teachers and the public at large would vote for the party that would …

Punjab govt. employees await implementation of old pension scheme
1 year, 2 months ago

Punjab govt. employees await implementation of old pension scheme

The Hindu  

Pritam Singh was elated as were other employees last November when the Aam Aadmi Party government in Punjab issued a notification to restore the old pension scheme. ‘Optimism faded away’ Mr. Singh retired as a teacher from a government school in Ludhiana this April and since then has been drawing pension under the NPS. “I am getting a monthly pension …

AAP’s Sanjay Singh to raise Old Pension Scheme issue in Parliament
1 year, 2 months ago

AAP’s Sanjay Singh to raise Old Pension Scheme issue in Parliament

Live Mint  

Government employees across the country on Sunday gathered at Delhi’s Ramlila Maidan to protest against the New Pension Scheme and demand the restoration of the Old Pension Scheme. PSU workers from more than 20 states participated in the ‘Pension Shankhanaad Rally’, organized by the National Movement for Old Pension Scheme. AAP leader Sanjay Singh said that he will raise the …

‘We strongly support’: Kejriwal on demands to bring back old pension scheme
1 year, 2 months ago

‘We strongly support’: Kejriwal on demands to bring back old pension scheme

Hindustan Times  

Delhi chief minister Arvind Kejriwal on Sunday expressed his support for the demands of central and state government employees to reinstate the old pension scheme, who have also staged a protest for the same. The Congress party also joined the chorus in support of the protest against the New Pension Scheme and the call to restore the old pension scheme. …

Thousands gather in protest at Delhi’s Ramlila Maidan, demand OPS back
1 year, 2 months ago

Thousands gather in protest at Delhi’s Ramlila Maidan, demand OPS back

Live Mint  

Thousands of employees of the Central government, state and PSUs have gathered at Delhi’s Ramlila Maidan to protest against the New Pension Scheme and demand the restoration of the Old Pension Scheme. Modi government should restore the old pension, honor the workers who serve the country.” Videos of the protest at the Ramlila Maidan in Delhi show a sea of …

Restore Old Pension Scheme before 2024 election, employees urge Centre
1 year, 4 months ago

Restore Old Pension Scheme before 2024 election, employees urge Centre

The Hindu  

Thousands of employees of the Union government and Central public sector undertakings, including the defence establishments, marched to Ramlila Maidan here on Thursday demanding the restoration of the Old Pension Scheme. After the protest rally, organised by the Joint Forum for Restoration of Old Pension Scheme, a platform of about 60 unions, the employees sent a memorandum to Prime Minister …

Govt employee unions to hold ‘Pension Rights Maharally’ in Delhi today
1 year, 4 months ago

Govt employee unions to hold ‘Pension Rights Maharally’ in Delhi today

Live Mint  

Employees of central and state government departments will gather at Ramlila Maidan on Thursday to demand the restoration of the Old Pension Scheme, a group of railway union leaders have said. As reported by PTI, the 'Pension Rights Maharally' will be organised under the banner of the Joint Forum for Restoration of Old Pension Scheme /National Joint Council of Action, …

Govt Likely To Change NPS Rules For 40%-45% Assured Pension: Report
1 year, 6 months ago

Govt Likely To Change NPS Rules For 40%-45% Assured Pension: Report

ABP News  

The central government is considering revising the current market-linked National Pension Scheme to provide its employees with a minimum pension of 40 per cent to 45 per cent of their last drawn salary, reported news agency Reuters citing two government officials. Under the current National Pension Scheme, employees are required to contribute 10 per cent of their basic salary, while …

Govt mulling over assured pensions at 40-45% as some states move back to OPS
1 year, 6 months ago

Govt mulling over assured pensions at 40-45% as some states move back to OPS

Live Mint  

Amid the politics of the Old Pension Scheme vs National Pension Scheme, the Government of India officials on Wednesday said that they are mulling over some changes in the new market-linked pension scheme which will ensure employees a minimum pension of 40%-45% of their last drawn salary, a report by Reuters said. The development comes as many Opposition-ruled states in …

Himachal Pradesh CM seeks refund of more than ₹9,200 crore deposited in NPS
1 year, 6 months ago

Himachal Pradesh CM seeks refund of more than ₹9,200 crore deposited in NPS

Live Mint  

Himachal Pradesh Chief Minister Sukhvinder Sukhu has announced his intention to meet with Union Finance Minister Nirmala Sitharaman in the national capital to seek a refund of ₹9242.60 crore deposited by the state government in the New Pension Scheme. Speaking at the 'Purani Pension Aabhar Rally' organised for the state's government employees, Sukhu reiterated the Congress government's commitment to fulfilling …

Congress will ‘compel’ Centre to implement old pension scheme in entire country: Rajasthan CM Gehlot
1 year, 6 months ago

Congress will ‘compel’ Centre to implement old pension scheme in entire country: Rajasthan CM Gehlot

The Hindu  

Rajasthan Chief Minister Ashok Gehlot on Sunday said the Congress will “compel” the Centre to implement the old pension scheme in the entire country, asserting that the committee on the new pension scheme was constituted under pressure mounted by the party. The committee would suggest whether in the light of the existing framework and structure of the National Pension System, …

Should States revert to the Old Pension Scheme? | The Hindu Parley Podcast
1 year, 6 months ago

Should States revert to the Old Pension Scheme? | The Hindu Parley Podcast

The Hindu  

The National Pension Scheme was launched in 2004. While the older pension scheme offered defined benefits to all government employees without any contribution on their part, the NPS requires employees to contribute a sum throughout their working years. Almost two decades after the NPS came into effect, several States are switching back to the Old Pension Scheme. Earlier this year, …

Amid Protests In Several States, Centre To Form Panel To Look Into Pension System Of Govt Staff
1 year, 9 months ago

Amid Protests In Several States, Centre To Form Panel To Look Into Pension System Of Govt Staff

ABP News  

Amid massive protests in several states by government employees demanding restoration of the old pension scheme, Union Finance Minister Nirmala Sitharaman on Friday said the Centre would form a committee to look into issues related to pension, ANI reported. READ | 18 Lakh Maha Govt Staff Go On Strike For Old Pension Scheme After Failed Talks From 2004, the Central …

Plea in HC seeking direction to striking govt. employees over OPS
1 year, 9 months ago

Plea in HC seeking direction to striking govt. employees over OPS

The Hindu  

An application has been filed before the Bombay High Court on Thursday urging the court to direct 17 lakh government employees to withdraw their ongoing indefinite strike seeking restoration of the old pension scheme. On March 14, this year paramedics working in State-run hospitals, sanitation workers, nurses, ward boys and teachers joined the strike. Due to the strike, services in …

Old Pension Scheme: Plea In Bombay High Court Seeks Withdrawal Of Maharashtra Govt Employees' Strike, Hearing On Friday
1 year, 9 months ago

Old Pension Scheme: Plea In Bombay High Court Seeks Withdrawal Of Maharashtra Govt Employees' Strike, Hearing On Friday

Live Law  

A lawyer has approached the Bombay High Court against the indefinite strike by State Government Employees - paramedics, sanitation workers and teachers - who are demanding implementation of the Old Pension Scheme. Lakhs of employees of the Maharashtra government went on an indefinite strike from March 14 seeking restoration of the Old Pension Scheme, affecting services. The plea states that …

Explained: Why govt employees are demanding restoration of Old Pension Scheme?
1 year, 9 months ago

Explained: Why govt employees are demanding restoration of Old Pension Scheme?

Live Mint  

Demand for restoration of the Old Pension Scheme is growing with each passing day as many employees in Maharashtra and Haryana went on strike on Tuesday seeking its return. The former RBI governor said the old pension scheme does involve massive future outlays because of the indexation of pensions to current salaries. Old Pension Scheme is a retirement scheme approved …

Restore old pension scheme, Central Government officers urge Cabinet Secretary
1 year, 9 months ago

Restore old pension scheme, Central Government officers urge Cabinet Secretary

The Hindu  

A section of officers, led by the Confederation of Central Government Employees and Workers and the All India State Government Employees Federation, has approached Cabinet Secretary Rajiv Gauba demanding that the old pension scheme be restored and the National Pension Scheme revoked. The organisations said the Defined Benefit Pension Scheme, or the OPS, for government employees was a well-built and …

Maharashtra: 17 lakh govt employees go on strike for Old Pension Scheme
1 year, 9 months ago

Maharashtra: 17 lakh govt employees go on strike for Old Pension Scheme

Live Mint  

Lakhs of employees of the Maharashtra government went on strike on Tuesday seeking restoration of the Old Pension Scheme. From sanitation workers to teachers, from paramedics at hospitals to other government staff, everyone has joined the strike for the implementation of the old pension scheme on Tuesday. Under Old Pension Scheme, the pension amount is provided by the government, which …

Maharashtra government employees on strike for Old Pension Scheme
1 year, 9 months ago

Maharashtra government employees on strike for Old Pension Scheme

The Hindu  

Lakhs of employees of the Maharashtra government went on strike on March 14 seeking restoration of the Old Pension Scheme, a move that could hamper the functioning of the State administration and affect many services. On Tuesday, employees raised slogans such as "Only one mission, Restore Old Pension" outside government offices and hospitals. A day before, Maharashtra Chief Minister Eknath …

Maharashtra CM announces committee to study implementation of Old Pension Scheme
1 year, 9 months ago

Maharashtra CM announces committee to study implementation of Old Pension Scheme

The Hindu  

The Maharashtra government on Monday to set up a committee consisting of senior bureaucratic officers to look into the demand of the State government employees to implement the old pension scheme in the State. Therefore, the government is not against the principle behind the demand to implement the old pension scheme. This committee will submit the report in a timely …

Maharashtra Old Pension Scheme strike: CM urges employees for dialogue, appeals them to call off agitation
1 year, 9 months ago

Maharashtra Old Pension Scheme strike: CM urges employees for dialogue, appeals them to call off agitation

India TV News  

Maharashtra: Chief Minister Eknath Shinde on Tuesday appealed to various government employees working in different departments to take back their indefinite strike and told them that a solution to their demand can be solved through a dialogue. Around 1.8 Maharashtra government employees working in various departments have gone on strike demanding the return of the Old Pension Scheme. Chief Minister …

’Find less costly ways...’: Raghuram Rajan speaks on Old Pension Scheme
1 year, 9 months ago

’Find less costly ways...’: Raghuram Rajan speaks on Old Pension Scheme

Live Mint  

Former RBI Governor Raghuram Rajan has expressed his concern regarding the Old Pension Scheme. He said that restarting the old pension scheme would be an enormous obligation in the long run, adding, "less costly ways should be found to address the demands of government pensioners". The former RBI governor said the old pension scheme does involve massive future outlays because …

Uttam: If voted to power, Congress can restore old pension scheme
1 year, 9 months ago

Uttam: If voted to power, Congress can restore old pension scheme

Deccan Chronicle  

Hyderabad: Congress leader N. Uttam Kumar Reddy on Monday promised to restore the old pension scheme if the party was elected to power. He was speaking at a joint press conference with PCC working president B. Mahesh Kumar Goud at Gandhi Bhavan to woo support for party candidate Galreddy Harshavardhan Reddy in the Mahbubnagar-Ranga Reddy-Hyderabad teachers’ Legislative Council constituency “We …

Implementation of OPS to be detrimental for larger public: Ex-RBI governor
1 year, 9 months ago

Implementation of OPS to be detrimental for larger public: Ex-RBI governor

Live Mint  

With several non-BJP-ruled states contemplating going back to Old Pension Scheme system, the former RBI Governor D Subbarao has made a piece of cautionary advice about the danger of retrograding to this rule. The ex-RBI Governor said the decision to restart OPS will be decidedly a “regressive move” and will provide more privilege to government servants at the cost of …

Reverting to Old Pension Scheme will privilege government servants at cost of larger public: Former RBI governor D. Subbarao
1 year, 9 months ago

Reverting to Old Pension Scheme will privilege government servants at cost of larger public: Former RBI governor D. Subbarao

The Hindu  

The decision of some States to restart Old Pension Scheme will be decidedly a regressive move and will provide more privilege to government servants at the cost of larger public, majority of which has no social safety net, former RBI governor D. Subbarao has said. According to Mr. Subbarao, if State governments revert to a 'pay as you go' pension …

Maharashtra not entirely negative on Old Pension Scheme: Devendra Fadnavis
1 year, 9 months ago

Maharashtra not entirely negative on Old Pension Scheme: Devendra Fadnavis

India Today  

Maharashtra's Deputy Chief Minister Devendra Fadnavis on Friday said that the government is not "entirely negative" about the Old Pension Scheme for government employees, but added that any decision on the plan will have to be made keeping in mind the state's finances. Fadnavis's latest remarks came hours after he echoed Montek Singh Ahluwalia’s opposition to the old pension scheme …

Karnataka govt. employees threaten indefinite strike from March 1
1 year, 10 months ago

Karnataka govt. employees threaten indefinite strike from March 1

The Hindu  

The Karnataka State Government Employees’ Association has set a seven-day deadline for the State government to announce the implementation of the 7th Pay Commission report and revert to the Old Pension Scheme, failing which it has announced an indefinite strike from March 1. The decision to this effect was taken at an “emergency State executive meeting” on Tuesday evening, called …

Is there a middle way between the Old Pension Scheme and the New Pension Scheme? | In Focus podcast
1 year, 10 months ago

Is there a middle way between the Old Pension Scheme and the New Pension Scheme? | In Focus podcast

The Hindu  

Five states – Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh – have informed the Centre that they would be reverting to the Old Pension Scheme. Some analysts even believe that one of the reasons for the Congress victory in Himachal was its campaign promise to revert to the Old Pension Scheme. But government employees in different states have staged protests …

Panchkula: Haryana govt employees protest outside CM house demanding restoration of Old Pension Scheme I WATCH
1 year, 10 months ago

Panchkula: Haryana govt employees protest outside CM house demanding restoration of Old Pension Scheme I WATCH

India TV News  

Panchkula OPS protests: Thousands of government employees protested near Haryana Chief Minister Manohar Lal Khattar's residence in Panchkula on Sunday demanding the restoration of the Old Pension Scheme in the state. RBI cautions states against reverting to old pension scheme Last month, the Reserve Bank sounded a note of caution on reversion to the old pension scheme by some states, …

Protests over old pension scheme rock Panchkula, police use tear gas | Details here
1 year, 10 months ago

Protests over old pension scheme rock Panchkula, police use tear gas | Details here

India Today  

With Haryana set to go to the polls later this year, thousands of state government employees gathered in Panchkula on Sunday to press their demand for the restoration of the old pension scheme. Government employees in Haryana are demanding the restoration of the old pension scheme as the scheme has been introduced in the Congress-ruled states of Chhattisgarh, Rajasthan and …

Want Old Pension Scheme implementation even if party expels me: Senior M.P. BJP leader
1 year, 10 months ago

Want Old Pension Scheme implementation even if party expels me: Senior M.P. BJP leader

The Hindu  

Not toeing the Bharatiya Janata Party’s official line on the Old Pension Scheme, former Madhya Pradesh Minister and senior Bharatiya Janata Party leader Gaurishankar Bisen has demanded its implementation even if it meant his expulsion from the party. One section claimed that it was business as usual for someone like Mr. Bisen — who had aired divergent views from the …

Shinde goes against Union govt stand, assures OPS in Sindhudurg
1 year, 10 months ago

Shinde goes against Union govt stand, assures OPS in Sindhudurg

Hindustan Times  

MUMBAI: Chief Minister Eknath Shinde on Thursday said his government would consider implementing the Old Pension Scheme. Shinde’s comments, made at a function of teachers’ association, in Sindhudurg district on Thursday, gain significance as just three weeks ago, his deputy Devendra Fadnavis had said during a campaign speech that he was not “negative” about OPS. Both Prime Minister and Finance …

Will populist politics push Maharashtra back to Old Pension Scheme regime?
1 year, 10 months ago

Will populist politics push Maharashtra back to Old Pension Scheme regime?

India Today  

In the recent elections to the Maharashtra state legislative council from the teachers’ and graduates’ constituencies, the ruling BJP faced a shock defeat in four of five seats. Apart from infighting and poor preparation, another reason attributed to the BJP’s setback was the rising tide of demands that the Old Pension Scheme be reintroduced for government and semi-government employees in …

Old versus new pension scheme: A case of 'good politics' but bad economics?
1 year, 11 months ago

Old versus new pension scheme: A case of 'good politics' but bad economics?

India Today  

Last week, the Congress government in Himachal Pradesh announced the restoration of the old pension scheme for government employees. Hundreds of government employees, gathered at the Jharkhand secretariat, celebrated the implementation of OPS by the Hemant Soren government in September last year. Sections of government employees in Tamil Nadu have threatened to abandon the ruling DMK in the next elections …

Deep Dive into OPS: Here's why Himachal lacks pension debt sustainability
1 year, 11 months ago

Deep Dive into OPS: Here's why Himachal lacks pension debt sustainability

India Today  

The Himachal Pradesh government employees danced to joy on Friday when CM Sukhvinder Singh Sukhu announced the restoration of the old pension scheme. HIMACHAL LACKS PENSION DEBT SUSTAINABILITY Despite the claims being made by the state government that there was enough money in the state's coffers to pay the pensions and other committed expenditures, the ground reality was exactly the …

Sukhvinder Sukhu Cabinet Gives Nod To Restore Old Pension Scheme In Himachal Pradesh
1 year, 11 months ago

Sukhvinder Sukhu Cabinet Gives Nod To Restore Old Pension Scheme In Himachal Pradesh

ABP News  

The Congress government in Himachal on Friday decided to restore the old pension scheme in the first Cabinet meeting of Chief Minister Sukhvinder Singh Sukhu. Ahead of the meeting, Sukhu on Thursday said: "We are not restoring the Old Pension Scheme for votes but to give social security and safeguard the self-respect of the employees who have scripted the history …

Himachal Pradesh reinstates Old Pension Scheme in first cabinet meeting
1 year, 11 months ago

Himachal Pradesh reinstates Old Pension Scheme in first cabinet meeting

India Today  

The Congress fulfilled its poll promise of restoring the Old Pension Scheme after the Himachal Pradesh government announced to reinstate the plan in the first cabinet meeting on Friday. Chief Minister Sukhvinder Singh Sukhu said that the matter has been studied deeply and the officers from finance departments expressed reservations regarding the restoration of the OPS, but the issue has …

Part of Poll Promise, Congress Govt in Himachal to Restore Old Pension Scheme in First Cabinet Meet on Friday
1 year, 11 months ago

Part of Poll Promise, Congress Govt in Himachal to Restore Old Pension Scheme in First Cabinet Meet on Friday

News 18  

The newly formed Sukhvinder Singh Sukhu-led government in Himachal Pradesh will take up the restoration of Old Pension Scheme in its first cabinet meeting on Friday. According to official sources, other than OPS, the cabinet will also take up the Rs 1,500 per month financial assistance to women aged between 18 and 60 — the two most important promises made …

Why chorus against new pension scheme has become a raging political issue in many states
1 year, 11 months ago

Why chorus against new pension scheme has become a raging political issue in many states

India Today  

“I certainly share the view that this move is absurd and a recipe for financial bankruptcy,” said Montek Singh Ahluwalia on January 6, responding to certain states’ decision to get back to the Old Pension Scheme. But his defense of the new pension scheme brought by the previous government led by the BJP in 2004 has not cut with many …

Old Pension scheme promised by Congress is likely to bankrupt states like Himachal Pradesh
1 year, 11 months ago

Old Pension scheme promised by Congress is likely to bankrupt states like Himachal Pradesh

Op India  

Congress managed to grab one of its rare victories these days in December when it won the Himachal Pradesh assembly elections winning 40 out of the 68 seats in the house. Notably, opposition-ruled states like Rajasthan, Jharkhand, Punjab, and Chhattisgarh have already reverted to the Old Pension Scheme, and now Himachal is set to join them under their new government. …

In poll year, Madhya Pradesh government employees threaten to spoil the party for Shivraj Singh Chouhan
1 year, 11 months ago

In poll year, Madhya Pradesh government employees threaten to spoil the party for Shivraj Singh Chouhan

The Hindu  

Contract workers of the Madhya Pradesh government have been protesting since December over regularisation of their jobs across the State. Shouting slogans such as “Jo hum se takrayega, paanch saal pachhtayega ”, “Diggi bhi pachhtaya tha, Mama bhipachhtayega”, a bunch of protesting contract health workers at Bhopal’s Jai Prakash Hospital — among the 32,000 protesting over regularisation across the State …

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