16000 people retired in one day, such a big crisis arose in this state
16000 people retired in one day, such a big crisis arose in this stateOn May 31, 16000 employees of kerala retired on the same day. Now for the retirement benefit of so many employees together, the kerala government will have to arrange about Rs 9000 crore, which is a big crisis.16000 people retired in one day, such a big crisis arose in this stateOn May 31, 16000 employees of the state government (Kerala Government) retired together in Kerala. For the retirement benefit of so many employees together, the kerala government will have to arrange about Rs 9000 crore. kerala is currently stuck in an economic crisis. This month the state had to take an overdraft. Now the question arises that how will the government pay so much money?Why did so many people retire together?May 31 is considered a very special day in the history of Kerala. Last year on this date, 11800 employees retired. This year this figure has increased to 16000. Actually, before birth certificates were made mandatory, the date of birth of everyone was entered as 31st May at the time of admission in kerala schools. Therefore, this happens not only this time but every year. Due to this historical tradition, this crisis has arisen in front of the government today.How did the economic crisis come?Kerala, whose per capita GDP is 1.6 times more than the average GDP of India, is facing economic crisis these days. Actually, the kerala government had taken an overdraft at the beginning of the month. In such a situation, paying the pension of so many employees is a big challenge for the government.According to the information received, the retirement age can be increased in Kerala. But, this was not done. Now the next crisis in front of the government is to arrange Rs 9000 crore. Apart from this, the kerala government has also expressed concern to the central government over the loan limit not being fixed for the first quarter of the financial year.