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Should states revert to the Old Pension Scheme? | In Focus podcast Bonus Episode

In Focus by The Hindu

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The Impact of Pension Schemes on State Finances

Rowhead: I don't think it's bad economics, because the numbers which are being thrown up in terms of what it would cost are exaggerated. If we go to OPS, not that I'm saying exactly in the same format, but even if you were to do that, it's not 25%. It's actually 12% if you take all the revenues into account," he says. Rowhead: India is one of the most unequal countries and things have become pretty bad with the pandemic itself.

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