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PENSION BURDEN ON FISCAL
Eighth Pay Panel may stay cautious on fitment factorWhile the Commission hasn't yet finalised its recommendations, early discussions suggest that the fitment factor could remain close to the ...- Starmer leaves No. 10 without ever managing to explain what he stood forKeir Starmer's premiership ended abruptly, overshadowed by Donald Trump's pronouncements. Despite a significant election victory, Starmer s...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- Kerala CM Satheesan tables white paper, flags debt burden; Opposition hits backKerala's budgetary practices are facing intense analysis. A recent white paper discloses staggering liabilities amounting to ₹5.07 lakh cro...
- 8th Pay Commission latest news: 8th CPC to visit Kolkata in July 2026; memorandum submission deadline extendedThe 8th Pay Commission is set to hold crucial meetings in Kolkata from July 9-10, 2026, extending the memorandum submission deadline to Jun...
- 8th Pay Commission latest news: 8th CPC announces Bhubaneswar visit schedule for June; check meeting dates and detailsThe 8th Central Pay Commission is set to visit Bhubaneswar on July 6 and 7, 2026. Central government organizations and unions can request a...
- 8th Pay Commission latest update: 8th CPC announces Lucknow visit schedule for June; check meeting dates and detailsThe Eighth Central Pay Commission will visit Lucknow on June 22 and 23, 2026. Central government organisations, institutions, unions, and a...
- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- Election impact on stock market explained: What likely BJP win in West Bengal means for investorsWest Bengal's election results signal a significant political shift with the BJP leading, prompting a surge in market sentiment. Analysts a...
- 8th Pay Commission: Government staff seek Rs 69,000 minimum pay, DA merger proposalGovernment employees are pushing for major changes in pay and pensions with the Eighth Central Pay Commission. They want a higher basic sal...
- Congress' Strategy: OPS... they did it again!The new Congress election manifesto makes no mention of OPS. Answering questions, P Chidambaram said OPS was very much on the party's mind,...
- Old Pension Scheme to restrict states' capacity to undertake development activities: RBIThe governments of Rajasthan, Chhattisgarh, Jharkhand, Punjab, and Himachal Pradesh have informed the central government and Pension Fund R...
- Old pension scheme to be 4.5 times costlier than the new one“Internal estimates suggest that if all the State governments revert to OPS from the National Pension System (NPS), the cumulative fiscal b...
- India's pension scheme review must prioritise fiscal prudence, development spending, economists sayNearly 41% of the government's revenue receipts go towards interest payments and another 9% goes towards pensions, squeezing space availabl...
- Five states inform Centre about reverting to old pension schemeIn a written reply to a question in the Lok Sabha, minister of state for finance Bhagwat Karad said as per RBI's report titled 'State Finan...
- National social assistance programme: Fiscal burden may force Modi govt to prune scope of welfare schemesWhile the Centre intends to follow up on the Bose panel’s recommendations, sources said the financial burden the hike would bring would det...
- OROP payout unlikely to scuttle fiscal deficit target: NomuraOROP provides a uniform pension to the armed forces personnel who retire at the same rank after the same length of service, regardless of t...
- Crisil warns of pension burden soaring to 4.1% of GDP by 2030The overall cost of social security may jump up to 4.1 per cent of GDP by 2030 in the absence of adeqaute private sector coverage as the nu...
- 'Government needs to begin building pension net for private sector'As per its study, there are nearly 100 million people aged over 60 in India today, and that number will triple to 300 million by 2050.
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