THE SYSTEM OF FINANCIAL EXCHEQUER DEPENDING UPON THE INVESTMENT AND LOANING FOR WHICH IT MAY BE DIFFICULT TO MAINTAIN THE PROBABILITY FACTOR OF PLAN AND NON -PLAN STABILITY IN ECONOMY, AS A MEASURE OF DEMAND UNDER REQUIREMENTS.
It is a matter of fact and concern that the state governments and the Central government facing financial problems and depending upon the non - plan funding, instead of budget allocations and the routine annual provision of the funds for the development works as well other expenditure of the state governments and the government of India,list by way and virtue of which employees of the state governments and the central government agitating for the old pension scheme which has been withdrawn by the government since 31-12-2003 and the NPS introduced for the welfare of the employees as an alternative for the social and financial security of their future liabilities, however the employees are not satisfied with this decision and the political parties are also taking this review at their own for which now the government of India has assured the Unified pension scheme to the central government employees applicable wef 1-4-2025 for which the contribution of the government has been increased from ten to fourteen to 18.5 percent and the contribution of the employees shall remain ten percent. As such the contribution of the UPS is an alternative of this assurance given by the government to its employees , however the contribution of the government could not be ascertained as a measure of the regular payment to beneficiaries, keeping in view the financial exchequer and liabilities to be cleared in favor of the employees, demanding their benefits from the Government since long however government is not in position to clear the balances of the DA and arrears etc. The first step taken by the government from OPS to NPS was accomplished as a measure of the alternative to NPS for the welfare of employees since before 31-12-2003 and the next review of the Unified pension scheme totally depending upon the deposits of the contribution wef April 2025 for which the employees and the government both are held responsible to believe on the policy of this scheme of the government and continue with the deposit for the future semblance of the social Security of the future liabilities, as a measure of the calculation and believe in the prospective policy of the government assured for the general consideration of the contribution scheme, where government is still standing with the employees or the beneficiaries. More over the routine probability factor of the UPS would continue with the price rise and inflammation increase at the levels of the country and world wide for which the state governments and the Government of India must have charter of the plan and non plan expenditure arranged for the annual development and salary of the employees, where there is no deposit and the system is working on the captioned subject of funding for the development and other expenditure collected through the loans and the advances, more so, now the developed countries are also ignoring the request for this grant and aid, except to have a give and take programme of the investments.
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