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Thousands in Gujarat protesting for restoration of old pension

EconomyThousands in Gujarat protesting for restoration of old pension

In Gujarat, thousands took to the streets in throngs protesting for the restoration of Indira Gandhi’s old pension scheme, Vayvandana.

Thousands Took to the Streets in Gujarat Protesting for the Restoration of Indira Gandhi’s Old Pension Scheme

Thousands marched on the streets of Gujarat demanding the restoration of Indira Gandhi’s old pension scheme (Vayvandana scheme – Indira Gandhi National Old Age Pension Scheme) a monthly pension given to retired government employers up to the sum of Rs 600 to Rs 1000 depending upon the state share of the pension.

Today, thousands of employees in Gujarat took out a march for the restoration of the old pension scheme which they said was a big help and heaped great benefits.

Someone shared, “People always remember what the Congress government did in their regime” and accused the BJP government of turning turned hostile to their government servants and not taking care of them.  Today, the old government employers are feeling the pinch and neglect and want Indira Gandhi’s old pension scheme back.

Rajasthan Restored Old Pension Scheme for Government Employees

Rajasthan Chief Minister Ashok Gehlot on presenting a populist budget ahead of the 2023 State Assembly election on Wednesday announced the restoration of the old pension scheme for the government employees who joined the service on or after January 1, 2004. No new taxes were levied in the budget in view of the pandemic’s impact on all sectors of economic activities.

Mr. Gehlot said the National Pension Scheme (NPS), introduced in 2004, had led to worries among the employees about their security in old age. “Bringing back the old scheme is a historic decision. The then Union government might have brought the NPS for some strong reasons, but we need to consider it again,” he said.

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