‘To provide a pension of Rs 10,000 to all, a common pension ought to be launched by amassing taxes from the tremendous wealthy in India. It’s not the individuals who get month-to-month salaries and pensions, however the billionaires who make up one per cent of India. Does the middle have the braveness to do this. There isn’t a straightforward option to a welfare state ‘; Finance Minister Dr. TM Thomas writes to Isaac

Fb submit‌

Kerala is the one state in India that has virtually realized the best of a common pension for the aged. With the implementation of the Farmers’ Board Pension, we might be very near that objective.

In Kerala, this achievement belongs to the Left. Out of the month-to-month pension of Rs.1400, Rs.1250 is contributed by the Left governments. One of many largest achievements of this authorities is the rise of the pension from Rs.600 to Rs.1400‌

The federal government has the favored approval for this. The One India One Pension Marketing campaign is a ploy devised by the RSS facilities on the right way to break this. There isn’t a politics. The objective is to unite everybody for an excellent trigger. There have been self-proclaimed leaders and spokespersons. It was through the Fb communities and conventions that it turned clearer who was pulling the strings backstage.

The brand new motion is the RSS Malicious program, just like the Anna Hazare agitation in Delhi. As we speak, the variety of aged folks is round 14.Three crore. If the revenue tax payers, authorities pensioners and different patrons are changed, 12 crore folks must pay a pension of Rs 10,000. The entire price might be Rs 14.Four lakh crore. Methods to make this quantity?

One India One pensioner has discovered a method to do that – cut back the pension of all pensioners at present to Rs 10,000. With the cash saved, pay Rs 10,000 every to those that would not have a pension. It is a good suggestion to name it quits. In India, the overall quantity of pensions paid by the Central and State Governments at present is simply Rs 3.5-Four lakh crore. Who’s in charge for saying {that a} pension of Rs 10,000 might be given to everybody out of this?

The truth is, your objective is to enhance their service and pay circumstances by a long time of wrestle and agitation and to painting those that have been capable of get a good pension at full bargaining energy as full enemies. To provide a pension of Rs.

Are you able to say that the billionaires who make up one per cent of India ought to be caught, not those who get month-to-month salaries and pensions? A staff of consultants led by Prabhat Patnaik has calculated this. A one per cent property tax on billionaires would generate income of Rs 6 lakh crore. It’s estimated that 5 per cent of their belongings are transferred to heirs yearly.

If Inheritance Tax is levied on this, it is going to get Rs 9.Three lakh crore. With this Rs 15 lakh crore, we are able to all begin a pension of Rs 10,000 in India. What are you able to say? Able to strike? It’s straightforward to trip roughshod over native wage earners and pensioners. However it’s not straightforward to sword India’s billionaires.

There isn’t a straightforward option to a welfare state. In Kerala, large-scale redistribution by the Left via land reforms, collective bargaining and authorities austerity measures is the one method out.

Then there may be yet another. Pension comes after wages and salaries. However the brand new activists don’t have anything to say concerning the nation’s minimal wage or the anti-labor legal guidelines at the moment being applied by the central authorities. The overwhelming majority of staff in India, who earn solely Rs 4,000-5,000 a month, need the minimal wage to be raised to Rs 18,000.

Hey, it is all the identical. The mindset of the brand new One India One pensioners is that the pension ought to be elevated. Say one thing else and substitute it.

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