ilmscore | 26 August Economic Current Affairs 2024 | Economics Daily Current Affairs | Avinash Sir Ecoholics

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
The Unified Pension Scheme (UPS) is predicted to be more expensive than the New Pension Scheme (NPS) but less expensive than the Old Pension Scheme (OPS).
"the cost of UPS is going to be greater than the cost of NPS but it is going to be lesser than the cost of Ops"
Pension Scheme Costs (India)
Pending
Government's contribution to the pension scheme will increase from 14% (under NPS) to 18.5% (under UPS) due to the policy change.
"as of now what is going to happen is that because of movement to UPS NPS government contribution 14% that will increase to 18.5% in UPS so government contribution will increase"
Government Pension Contribution (India)
Pending
The Unified Pension Scheme (UPS) is expected to create an additional fiscal burden on the government's expenses, as the government will need to cover any gap between promised pension amounts and generated investment returns.
"the Delta between what you have promised and what you have generated this Delta needs to be paid for by the government government will have to fill up this Delta right so this is going to be additional burden upon the expenses of the government"
Government Fiscal Burden (India)
Pending
If state governments implement the Unified Pension Scheme (UPS), it is predicted to have a negative impact on their fiscal health.
"if state governments they also Implement ups... it is obviously going to have a negative impact upon the fiscal health of the state governments also"
State Government Fiscal Health (India)
Pending