The give attention to the pension burden for each the central and state governments has resurfaced following the federal government’s current introduction of the Unified Pension Scheme. At the moment, there are 70 lakh central authorities pensioners, together with a major variety of state authorities pensioners. Lowering the pension burden is necessary for sustaining fiscal steadiness on the state stage. Knowledge from PRS Legislative Analysis signifies that, for FY25, pensions accounted for the best proportion of complete state income expenditure in Kerala, Uttar Pradesh, and Punjab, at 17.2 per cent, 16.2 per cent, and 16.2 per cent, respectively. For extra particulars, please test this video.
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