The 2017-2018 budget will be announced on May 26. According to some news reports, the budget is expected to provide maximum relief to the retired employees. The pension of the retired employees is expected to be increased. Prices of consumer goods are skyrocketing. Pensioners are paid a meagre amount which is not sufficient to cover their monthly expenses. In fact, it becomes difficult for pensioners to pay for their medical treatment. It is unfortunate that the government hasn’t paid any attention to their plight.
The government increases the basic salaries and pensions by only 10 percent. This amount is insufficient as compared to the increasing cost of living and rising prices of essential articles. The government should increase the amount of pension by 20 to 25 percent.