Today's editorial in the Business Line is very important not just for the Economists and finance personnel, but also for us Pensioners.
In an effort to curb the non-plan expenditure, the Editor points out that the main area to be looked at is the "pay, allowances, and pensions of Central staff".
Editor highlights that :
The Subsidies are 2.6 Lakh crores; Salaries and pensions take 2.2 lakh crores (90000 crores for pensions), and the amount is about to rise sharply after the 7CPC.
This is alarming and needs to be addressed to .
Please read the Editorial below, and put your comments please.
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