A+| A| A-

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.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Updated On : 22nd Dec, 2017

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top