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Thursday, August 14, 2025
TopicOld Pension Scheme

Topic: Old Pension Scheme

Why Congress road map for 2024 doesn’t include govt-funded pension scheme it has resurrected in states

Old pension scheme — discontinued at the Centre in 2003 — was not part of economic resolution passed at All India Congress Committee (AICC) plenary in Raipur.

Poll-bound BJP states push for old pension scheme — ‘In HP, govt employees voted against us’

Discontinued by Vajpayee in 2003, OPS issue has especially gained urgency after BJP lost Himachal assembly election to Congress last year. Restoring OPS was key poll promise of Congress.

Haryana CM ‘factually incorrect’, says Gehlot over remark on withdrawal of Old Pension Scheme

Haryana khaps, government workers' Union demand implementation of the scheme, threaten to launch state-wide agitation.

Old Pension Scheme now a poll plank in Tripura. ‘Part of our manifesto’, says CPI(M)

Despite RBI warnings, states like Rajasthan, Himachal Pradesh, Chhattisgarh & Punjab have already brought back the scheme, which was replaced by a new one by then NDA govt in 2004.

States’ finances improving, but moving back to old pension scheme could pose future risks: RBI

States have seen stronger revenues and have been prudent with their expenditure, leading to better deficit ratios. But capex needs to increase & debt needs to reduce.

Guaranteed pension returns offering protection at cost of value will hurt India growth story

Assured returns may give a degree of comfort and perhaps increase confidence in the NPS. But the price we pay for safety is high.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.