New Pension Scheme: Big update on implementation of Old Pension, Finance Minister gave this big statement

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New Pension Scheme: There is a demand to implement the old pension scheme across the country. In some states, the employees have even threatened to go on strike if the old pension is not implemented.

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Meanwhile, now a demand is being made on behalf of the railway employees to implement the Old Pension Scheme. Many states have already decided about this and they have also started it in their states. Meanwhile, a big statement has come from Union Finance Minister Nirmala Sitharaman. The Finance Minister clearly said that the money of the New Pension Scheme (NPS) cannot be given to the state governments for old pension (OPS).

In a post-budget discussion at a hotel in Jaipur, Sitharaman said that if a state government has decided to restore old pension thinking that it will get NPS money from the Centre, Rajasthan government is demanding transfer of money . , then it will not be found. Let us tell you that the Old Pension Scheme has been implemented in Rajasthan from April 1, 2022. Only after that the Congress government of the state is demanding to transfer the money deducted under the New Pension Scheme (NPS).

The money will be given to the employees only.

After this, the old pension scheme was implemented by the Himachal government on the lines of Rajasthan. The Finance Minister clarified that the money deducted from the salary under NPS belongs to the employees. This will be given to them at the time of retirement or when the employee needs this money, it will be given to them. The money collected will not be given in the hands of the state governments. When the right time comes, then it will be given to the employees.

Finance Minister spoke on free schemes

In response to the question of free schemes given by the state government, Sitharaman said, ‘When the financial condition of the government is good, you run such schemes. Make provision for them in your budget. If the economic condition of your state is not good, then you are not making provision in the budget, for that you are taking loan. This is not correct. Who will give this money?’

He said, to bring such schemes, the states should raise money from their own resources, should earn from tax. States are passing their burden on someone else to run free schemes… This is totally wrong.

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