Study recommends Rs4,000 monthly pension for farmers
Study recommends Rs4,000 monthly pension for farmers A study has recommended providing a monthly pension of Rs4,000 to farm workers after they turn 55. The proposed pension plan is part of the government’s effort to give due respect to the agricultural sector which employs 66 percent of the population and accounts for one-third of the economy. per the study report entitled Farmers Classification and Pension Scheme prepared by Hari Roka, former Maoist lawmaker and political analyst, farm workers will pay an annual premium of Rs5,000 into the pension scheme. The proposed scheme has envisaged separate pension schemes for subsistence and commercial agriculture. Farmers will be classed into four groups on the basis of the size of their landholdings—farm worke...