User talk:One India One Pension

The OIOP (One Indian One Pension) calls for a equal basic pension of Rs.10,000 per month, at 2020 prices, for every Indian aged  over 60 and above. There are two major reasons for this movement:- One Indian One Pension (OIOP), or "same pension, for same age, irrespective of Gender, Caste, Religion, Color, Party or income",  for all citizen of India is a longstanding demand of the Indian Citizen The demand for pay-pension equity, which underlies the OIOP concept, was provoked by the expert decision by the Indian  Constitution Article 14/15/and 17.

One India One Pension (OIOP) is a people’s movement aimed at establishing an income equality among all citizens of the country. We focus on attaining 10, 000 rupees monthly pension to each and every senior citizen of the country. This aim is substantiated by facts and figures of revenue earnings by the state and the central governments.

One India One Pension (OIOP) is a people’s movement aimed at establishing an income equality among all citizens of the country. We focus on attaining 10, 000 rupees monthly pension to each and every senior citizen of the country. This aim is substantiated by facts and figures of revenue earnings by the state and the central governments.

Nearly 10-14 percent of the population of India are senior citizens as per govt records. approximately 104million people (104000000 ). If every senior citizen ( age 60 yr plus ) has to get a pension of ₹ 10000.00 per month, the total payout would be around 104( rounded value ) million multiplied by 10,000 again multiplied by 12 months ie 12 lakh crores of rupees per annum (₹120,000,000,0000,000) Only.

As of this year the central govt pensions have surpassed the total salary bill by more than 10 thousand crores reaching beyond 1.75 lakh crores. (Similar situation in almost all States in India the pension amount will surpass the Salary bills very soon. Several other pensions other than statutory pension and welfare boards does not figure in these data.

When we sum up all such pensions and pensions given out by the States, We reach a figure around 9.6 lakhs crores is actually been paid already as pensions by state govts alone together with 1.8 lakh crores by central government. This shows that amount required to pay all senior citizens of our country ₹10,000.00 per month is already being distributed as pensions. This is where reducing the current exorbitant pensions and bring in universal pension scheme gains importance. ₹10,000 pension for all is easily achievable. Let us see in detail the Legal aspects and the ways and means forward for the same.

OIOP is aimed at achieving the aims of socialism in the constitution as laid out in Article 37 Part IV directive principles of State policy which specifies The State shall, in particular, strive to minimize the inequalities in income, and endeavor to eliminate inequalities in status, facilities and opportunities, not only amongst individuals but also amongst groups of people residing in different areas or engaged in different vocations, that there is equal pay for equal work for both men and women;

The very fabric of our constitution is broken by the fact that there exists a huge and wide gap of pay between government and private institutions. When a government driver gets a salary of 80, 000 plus at the time of retirement with all lifelong benefits and retirement amount of nearly half a crore, a private driver earns just one by 10nth the salary when the whole benefits are worked out.

Paying pension to all senior citizens will in turn boost up the economy. The exorbitant pension payments as of now to govt employees, wherein average pension payment when calculated has reached upto ₹50,000 plus for each pensioner, Indeed a huge drain on the country, and at the same time most of the pension thus earned does not reach the market, rather it becomes dead money as investment mostly in land, gold etc.

At the same time when you make pension Universal ie to each and every senior citizen, almost all of them will be spending the amount in full towards their basic needs and for their own care taken by others. This money thus reaches the market and makes the economic cycle to move. Each transaction thus happening will bring back the same govt payouts to governments own coffers as GST and other taxation. This becomes thus a profitable business for the government to engage in.

Oil and Natural Gas Selling Tax is one of the major income for the country with below calculation, now with the international prices plummeting down to nearly zero or minus whatever, govt will start collecting around 50 Plus rupees tax per litre of fuel as soon as the existing stocks are replenished. This will amount to atleast additional 1800 crore rupees as tax profit for the govt. Amounts to nearly 15 laks crores of rupees per annum will be collected as tax on fuel itself. Our Universal Pension just requires 12 lak crores. For a rich country like India time has come to implement provisions of the constitution that makes social security and universal pension for senior citizens a fundamental right.