RBI warns states against old pension scheme, calls it 'major risk'
The development comes at a time when Congress-ruled states like Himachal Pradesh, Chhattisgarh and Rajasthan have opted to roll out the old pension scheme.
old pension scheme
January 2023
June 2022
March 2022
RBI says state debt levels unsustainable; Punjab worst hit
Relaunch of the old pension scheme by some states and rising expenditure on freebies are expected to stretch state government finances.
Rajasthan decision to revert to old pension a hard hit on NexGen finances
The pay-as-you-go scheme for pension is supposed to be a whacking on the finances of the current generation of taxpayers.
