10, 000 rupees per month pension for all senior citizens in our country.
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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 percent of the population of India are senior citizens as per govt records. approx 104million people (104000000 ). If every senior citizen ( age 60 yr plus ) has to get a pension of rs 10 thousand per month, the total payout would be around 100 ( rounded value ) million multiplied by 10, 000 again multiplied by 12 months ie 12 lakh crores of rupees per annum ( 120,000,000, 0000, 000Rs)
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. Seveveral 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 lak crores is actually been paid already as pensions by state govts alone together with 1.8 lakh crores by central govt. This shows that amount required to pay all senior citizens of our country 10000 per month is already being disributed 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 movement 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 minimise the inequalities in income, and endeavour 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 cacluted 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.
Below calculation proves that the profit from fuel sales alone is required for this Universal Pension Scheme. 1 Gallon=3.679 litres,
1 barrel = 42 Gallons, that means approx 159 litres.. about 5.5 million barrel's plus /day consumed in India, 159*5000000= nearly 88 lakh Litres, of fuel consumption/day in India.
With the above consumption , taking into account that at least 45 rs is charged as tax per litre on an average by both states and centre. This shows As of now government collects more than 4000 crores per day as tax on fuel.
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.
Binu J P
Central Committee Member OIOP
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