Monday, November 1, 2010

Poverty Pension Scheme

The decision of the Uttar Pradesh government to announce the beggining of pension scheme for the poor is a welcome decision but in view of other schemes such as MNAREGA already in motion the announcement was unwarranted for.It is ultimately the tax payer's money which is diverted for such funds.This new scheme would require making of new pass books that would add to the cost of the scheme although the government could have used the account already in place for MNREGA.This tendency of one man up ship between the centre and the state government would not do any good for the common man.The intellactual class should intervene and advice the government and if needed should take the refuge of the court.The government on one hand is divesting its stakes in profit making PSU's to finance welfare scheme's and on the other hand the state government is distributing taxpayer's hard earned money.

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