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State will go bankrupt if old pension scheme is resumed, says Devendra Fadnavis

Deputy CM points at increasing financial burden, adds that govt will stop 20 per cent grant for new unaided and partially aided schools, too

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If the old pension scheme is implemented, it will cost the state an additional Rs 1.10 lakh crore annually. Representation pic

If the old pension scheme is implemented, it will cost the state an additional Rs 1.10 lakh crore annually. Representation pic

The state government will not go back to the old pension scheme for its employees due to the increasing financial burden. The government has also decided to not provide financial grants to schools that will come up in future and instead it will encourage self-financed institutions. 

BJP legislator Ram Satpute raised the demand for the old pension scheme in the Assembly on Wednesday after the matter of a 20 per cent government grant for teaching and non-teaching staff of unaided and partially aided schools came up. 

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