Don't Want Pension Scheme That Benefits Few, Disastrous For Rest: Finance Secretary
The Union Budget 2024, which has been at the receiving end of the opposition's ire because of the alleged preferential treatment given to certain states - especially Andhra Pradesh and Bihar - is not discriminatory and a set formula is in place for the devolution of taxes, Finance Secretary TV Somanathan has said.
Speaking exclusively to NDTV on Thursday, Mr Somanathan also said that the Agnipath scheme is just a variation of short service commissions, which have existed forever, and is financially prudent. As announced in the Budget, the new pension scheme will be tweaked to address the key issues raised by beneficiaries, he added.
