Need to debate if OPS will create economic crisis: RS deputy chairman ...Middle East

Business Standard - Economy
Need to debate if OPS will create economic crisis: RS deputy chairman
Rajya Sabha Deputy Chairman Harivansh on Monday underscored the potential economic ramification of going back to the old pension scheme (OPS) that was shelved by the National Democratic Alliance government headed by Atal Bihari Vajpayee nearly two decades ago. The talk of restoring the OPS for the sake of power is on. Society should debate whether such moves would create an economic crisis in the country akin to Sri Lanka and Pakistan, he said at a lecture series on Challenges in New Era. Harivansh said that the NDA government led by Vajpayee scrapped the OPS on April 1, 2004, and introduced the National Pension Scheme (NPS). Under the OPS, an employee gets 50 per cent of the last drawn mont

Hence then, the article about need to debate if ops will create economic crisis rs deputy chairman was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Need to debate if OPS will create economic crisis: RS deputy chairman )

Apple Storegoogle play

Last updated :

Also on site :



Latest News