Jammu, Mar 6, March 7 -- The pension bill of the Jammu and Kashmir government is projected to nearly double over the decade between 2020 and 2030, with officials stating that the revival of the Old Pension Scheme is not under consideration as it would be fiscally unsustainable.According to official data placed before the Jammu and Kashmir assembly in response to a cut motion, around 2.48 lakh retired government employees are currently receiving pension and related allowances from the administration.The government said pension expenditure stood at Rs 5,829 crore in 2020-21 and is projected to rise to about Rs 11,798 crore by 2030-31.Officials said the pension outgo has shown a steady increase over the past several years. The expenditure st...
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