The Modi government has introduced the Unified Pension Scheme (UPS), designed to secure the financial future of government employees while maintaining economic stability.
Unlike the Old Pension Scheme (OPS), which risked bankrupting state governments, the UPS offers a sustainable solution that balances pension security with fiscal responsibility.
By incorporating contributions from both the government and employees, the UPS ensures a robust pension system without compromising essential services.
This scheme reflects the government’s broader strategy of financial inclusivity and stability.
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