Followers

Monday, September 18, 2023

Old pension scheme’s burden 4.5x of new system: RBI study

A study published by the RBI warns against a return to the Old Pension Scheme (OPS) in India, estimating that implementing it would create a fiscal burden 4.5 times greater than the existing National Pension System (NPS). The study cautions that reverting to OPS would have an adverse impact on government finances and increase fiscal stress to unsustainable levels in the medium to long-term.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/x8DOYLd

No comments:

Post a Comment

Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...