3min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 334: Jayaprakash Narayan Wants to Mend Our Democracy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Problem With Social Security and Pension

The pension system until now in india is unfunded without putting a rupee or ask next generation to pay second is it is open ended and index linked that means if the pension today is x amount within 10 20s the pension is becoming 10 x 15 x not even a half x. People who retired at 10 000 rupees they're getting 70 to 80 000 rupees pension with enormous increase in salaries of the pay revision commissions regularly, he says. He adds: "If i get a service today why should my children's generation pay out of their tax money towards huge pensions for the services"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode