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Workers In Federal Government Would Like ‘Original’ Pension Plan Reinstated; Read Story!

Sayani ChakrabortyNovember 7, 20220

Unions representing Group B and Group C workers have complained to the cabinet secretary that the National Pension Scheme is a nightmare for retirees. The Old Pension Scheme (OPS) has been requested to be reinstated by a federation of unions representing Union government employees in a letter to the cabinet secretary. According to The Hindu, they said that the National Pension System (NPS) is a catastrophe for retirees. NPS workers contribute 10% of their pay per month for their whole service, yet their pension is far lower than OPS workers'. "The pension under NPS stays unchanged and there is no Dearness Relief to replace the price rise /inflation as offered in the OPS," states the letter signed by the Joint Consultative Machinery, an umbrella union for Group B and Group C worke...

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Finance Minister Nirmala Sitharaman Announces 9 Interesting Schemes; Checkout Here!

Arpita SarkarMay 30, 20220

The river binds India and neighboring countries. Therefore, Union Finance Minister Nirmala Sitharaman thinks that five aspects of trade, culture, communication, conservation and skill development need to be kept in mind in river management and allocation of funds. On the second day of the River-3 Conference on ASEAN countries and Japan in Guwahati, Nirmala as a chief guest said, "The Central was implementing nine major projects in the field of railways, roads, and aviation to develop communication infrastructure in the North East. The policy of the center is to give importance to the neighbors first. So the neighboring countries will also get the benefit from the projects." She also added, "Work is underway on 15 aviation projects worth Rs. 2,200 crore, 20 rail projects worth Rs....

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