Union Budget 2024: Will OPS be implemented at the Centre as well? Finance Minister Nirmala Sitharaman can make a big announcement.
The first budget of the third term of the Narendra Modi government at the Centre will be presented this month. Finance Minister Nirmala Sitharaman is likely to present the first full budget of this government on 22 or 23 July.
Every section of the common man has high expectations from this budget. It will be interesting to see whether Finance Minister Nirmala Sitharaman makes any announcement regarding the old pension scheme in this budget or not. However, it is very unlikely that the Finance Minister will make any big announcement on OPS. According to reports, the Modi government has already refused to implement OPS at the Centre. Now only time will tell what decision the government takes on OPS.
The government can include the provisions of OPS in the NPS itself.
Employee organizations have many expectations in the budget to be presented this month. Employees hope that the Modi government can include the provisions of OPS in NPS itself in this budget. The employees want only guaranteed old pensions.
Employee organization is not happy with NPS.
According to the news, the employee organization is not happy with NPS. They do not approve of the reforms in NPS. According to the news, the National President of NMOPS has spoken to more than two dozen MPs of the ruling party and opposition, including the Leader of the Opposition Rahul Gandhi, regarding the restoration of old pensions during the Parliament session. Many kinds of speculations are being made by the employees regarding this.
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