States switch to old pension scheme Major step back: RBI article

Recently some states have announced reversion to OPS from NPS. (representative) Mumbai: States reverting to the old pension scheme is a “major step back” and could bring states’ fiscal stress to “unsustainable levels” in the medium to long term, according to a paper by RBI staff. The article by Rachit Solanki, Somnath Sharma, RK Sinha, … Read more