NPS Vs Old Pension Scheme: RBI Says Some States’ Reversal To OPS Poses Significant Fiscal Risks – Top Speed News
Even as several states recently reintroduced the old pension scheme (OPS) and several others contemplating it, the RBI on Monday said the decision of some states to revert to OPS poses significant fiscal risks for states, apart from dampening India’s medium-term macroeconomic outlook. Recently, five states reintroduced OPS, including Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal…