Old Pension Scheme: Some states are considering implementing Old Pension Scheme (OPS) and many states have implemented Old Pension Scheme. These include Rajasthan, Chhattisgarh and Punjab. There is talk that it will be implemented in Karnataka as well.
A new RBI report has warned states against this. The report ‘State Finance: A Study of Budgets of 2023-24’ released on Monday said that if all states implement the old pension scheme, their financial burden will increase by 4.5 times compared to NPS.
The report says that the additional burden of old pension scheme costs will rise to 0.9 percent of GDP by 2060. According to the report, some states have implemented the old pension scheme and some states are planning to implement this scheme. If so, the financial burden on the states will increase and the expenditure of the states on development works will decrease.
Ahead of next year’s general elections, the RBI has given instructions not to implement OPS in the name of popular promises. It has also been said that states should consider ways to increase revenue at their respective levels. The RBI has said that states should consider raising revenue by increasing registration fees and stamp duty.
RBI has said that implementing OPS is not a good decision. Due to this, the fear of loss of future generations is also being expressed. According to the report, the last batch of OPS will retire in early 2040 and they will continue to receive pension till 2060.
Agitation for Old Pension in Nagpur:
Thousands of teaching and non-teaching staff, government employees protested at Yashwant Stadium in Nagpur for the old pension scheme. Protests have been going on across the state for this demand for a long time.
After this today, along with Uddhav Thackeray, Aditya Thackeray, Sanjay Raut, some other MLAs of the Thackeray group also visited the protest site. On this occasion, Uddhav Thackeray also addressed these protesters showing his support. He said that if I were the chief minister at present, there would not have been time for you to do this protest.
Ajit Pawar on Old Pension Scheme:
Deputy Chief Minister Ajit Pawar has said that the old pension will be decided before the assembly elections. He gave this important information during the discussion in the Legislative Council. Pawar said, “This government is positive. Until that decision comes, we will see that and we will also see this.
Kapil Patil tells you, this government is a strong majority government. Don’t worry about Lok Sabha elections. Six months after that, we have an election. I want to assure the House that this government will definitely take a decision regarding this old pension before the Assembly elections.”