Congress's Old Pension Scheme Promise In Himachal, According To The Finance Commission

NK Singh, Chairman of the 15th Finance Commission, said, I think giving up the current pension system and returning to adopting the old pension system is a prudent move . Singh continued, Dear people, it was a tactical mistake, Singh said .

New Delhi (New Delhi): The Congress Party's promise of the Old Pension Scheme (OPS) in Himachal Pradesh is a dishonest move.On the sidelines of the CII Global Economic Policy summit 2022, NK Singh, Chairman of the 15th Finance Commission, said, I think giving up the current pension system and returning to adopting the old pension system is a prudent move, Singh said.Singh continued, Dear people, it was a tactical mistake, Singh said.Singh also said, Taking a step back and adopting the old pension system would be a fiscal disaster.

The Congress Party, which has 40 seats in the 68-seat assembly in Himalaya, has also promised to restore the Old Pension Scheme (OPS) in the state, as per its election manifesto.The OPS has already been fulfilled by two Congress-ruled states, Rajasthan and Chhattisgarh.Government workers are the most influential group in this state, and so, the issue was put to the test of time in election rallies.Vadra argued that returning to OPS was not economically feasible, and in fact, former Planning Commission Vice Chairman Montek Singh Ahluwalia said last month that returning to OPS was one of the biggest Revdis ever developed.

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