Denying reports of 20 per cent cut in central government pensions as โfalseโ, the Ministry of finance on Sunday said that there will be no reduction in salaries and pensions.
โIt is being reported that a 20 per cent cut in central government pensions is being planned. This news is FALSE. There will be no cut in pension disbursements,โ said a Finance Ministry tweet.
Ready for a challenge? Click here to take our quiz and show off your knowledge!
โIt is clarified that salaries and pensions will not be affected by the Government Cash Management instructions,โ it added.
Union finance minister Nirmala Sitharaman also shared the ministryโs tweet.
Earlier in the day, a concerned social media user tweeted regarding the reports on reduction in pensions.
Ready for a challenge? Click here to take our quiz and show off your knowledge!
Replying to the tweet, Sitharaman said: โThanks for approaching for a clarification. There is no cut in pensions.โ