Nirmala Sitharaman Interview: Will the old pension scheme be implemented again? Know what Finance Minister Nirmala Sitharaman said

New Delhi. Finance Minister Nirmala Sitharaman has questioned whether the present generation can guarantee the financial stability of future generations amid the opposition’s demand to bring back the old pension scheme in states, especially during the election season. Getting the benefit at the cost of Rs. In an exclusive interview to Network18 Group Editor-in-Chief Rahul Joshi, Sitharaman said that this new pension scheme was brought by the Congress.

The Finance Minister said, “The new pension scheme was started during the time of the Congress. Are we paying the current generation of pensioners by passing on the burden to future generations? What is the right balance? What are we leaving for future generations? We have to see the state’s financial condition for the next decade.”

Many states have indicated to bring back the pension system
Talking about the growing uproar in states ruled by opposition parties like Rajasthan and Chhattisgarh regarding bringing back the OPS scheme, Sitharaman said, ‘The political dispensation that brought the new pension scheme was not just the NDA, but also the UPA government. The whole idea of ​​the new pension scheme came during the Congress rule. He further said one needs to wonder, ‘Are we paying the current generation of pensioners by passing on the burden to future generations?’

Several state governments such as Rajasthan, Chhattisgarh and Punjab have indicated that they will switch to the old pension scheme, while Himachal Pradesh has also expressed its intention. Minister of State for Finance Bhagwat Karad informed Parliament on December 12 that the central government was not considering any proposal to restore the old pension scheme.

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Tags: FM Nirmala Sitharaman, national pension, pension scheme