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Unified Pension Scheme: Explaining Modi Govt’s politics behind the move in 5 points

VidyaBy : Vidya

  |  26 Aug 2024 12:11 PM IST

Unified Pension Scheme: Explaining Modi Govt’s politics behind the move in 5 points

In a significant decision, the Prime Minister Modi-led government, on Saturday, August 24, announced the Unified Pension Scheme (UPS) for central government employees.The new scheme, which kicks in from the next fiscal year, assures a pension of 50 percent of the basic salary for those who joined the service after January 1, 2004.

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