Old pension scheme Latest News for Govt Employees

By | February 25, 2022

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Pension News :

We all know that the employees associated with the government services should feel secure about the future, only then they can make their invaluable contribution towards good governance during the service period. Therefore, for all the employees appointed on or after January 1, 2004, I propose to implement the old pension scheme,” Ashok Gehlot said while presenting a populist budget ahead of the 2023 State Assembly election on Wednesday.

Before the implementation of the new pension scheme, government employees who retired were given a fixed pension amount equal to 50% of the last drawn salary.

“We all know that the employees associated with government services should feel secure about the future, only then they can make their invaluable contribution towards good governance during the service period. Therefore, for all the employees appointed on or after January 1, 2004, I propose to implement the old pension scheme,” he said.

On the old pension scheme, Gehlot appears to have taken a cue from Uttar Pradesh’s political campaign. Political discussions on the old pension scheme started after Samajwadi Party chief Akhilesh Yadav recently promised to implement it from state government funds if elected to power.

During the almost three-hour-long speech, the chief minister also announced the launch of the Indira Gandhi Urban Employment Guarantee Scheme with an aim to provide 100 days of employment in urban areas.

The Indira Gandhi Urban Employment Guarantee Scheme is in the lines of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), for which a Rs 800 crore budget has been proposed.

Gehlot also proposed to increase the health cover under the state government’s much ambitious Chiranjeevi Health Insurance Scheme from Rs 5 lakh to Rs 10 lakh per year per family. He also announced that IPD and OPD services will be free-of-cost in state-run hospitals.

For electricity consumers, 50 units free electricity for those using 100 units, Rs 3/per unit grant for all domestic consumers up to 150 units and Rs 2/unit grant for consumers of 150 to 300 units and above as per the slab. The state government will spend Rs 4,500 crore.

“Like always, we have taken care of every section of the society in the Budget. Management of the corona crisis in the state has been appreciated across the world.

“It is my privilege that I am presenting the first separate agriculture budget. It will set a new horizon in the agriculture sector in the state,” Gehlot said.

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