ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Open Letter to Finance Minister

We, the undersigned, are writing to draw your attention to two urgent priorities for the forthcoming budget.

(1) Social security pensions: The central government’s contribution to old-age pensions under the National Old Age Pension Scheme (NOAPS) has remained at a measly ₹200 per month since 2006. This is extra­ordinarily stingy. It is also a missed opportunity. NOAPS is a good scheme (with low leakages and administrative costs) that reaches some of the poorest members of society. The central government’s contribution should be immediately raised to ₹500 (preferably more) at the very least.

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Updated On : 22nd Dec, 2017
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