By increasing the age of retirment from 60 to 62 years is not a good decision in a country like ours because
- Instead of generating employment for the youth, we are encouraging for wrong direction because of unemployment.
- You can get the work by paying Rs.5,000.00 to the youngest person instead of giving Rs.20,000.00 etc. to a person even if not fit, who should be retired (also earning through tuitions).
Ideal Situation :
Open scope for retirement at the age of 50, 55, 60 or 65. Whosoever wants to go may go at the above age and create a vacancy for the youth.
