AAP In Punjab: Free Power, Higher Pensions And Excess Debt outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Earlier, the governments of Rajasthan, Chhattisgarh, and Jharkhand informed the central government about their decision to restart the OPS for their employees
'Old pension scheme would put stress on states' finances' navhindtimes.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from navhindtimes.in Daily Mail and Mail on Sunday newspapers.
The Reserve Bank has sounded a note of caution on reversion to the old pension scheme by some states, saying it poses a major risk on the "subnational fiscal horizon" and would result in accumulation of unfunded liabilities in the coming years for them.
By postponing the current expenses to the future, the RBI report said states risk the accumulation of unfunded pension liabilities in the coming years.