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Tuesday, January 19, 2010

Kerala to debt trap?

By unification of the retirement time and the subsequent raising of retirement age the State of Kerala is going to a debt trap. The money temporarily acquired by withholding the payout of retiring staff, was spent for other use. Now there is no money with the government to meet the pay out of retiring college teachers and the Government employees this year. And hence the Finance Minister contemplates to enhance the retirement age for further five to ten years. What will he do then after? Obviously it is not his head-ache to meet the requirement after five years.
The inability to understand this imbroglio by the staff about to retire this year is questioning. Why can’t they identify the fact that they will get no money from this debt trapped State when they retire after five years? Are they prepared to commit suicide when their benefits are out rightly denied at retirement? This dismal scenario prevails in the whole State. Sincere efforts needed to avert this dismal future situation.
More curious is the stance by youth and student organizations. Except the AIYF no youth outfit is seen acquainted with miserable future of unemployed educated youths. Do the party outfits need youths only for street fighting on stupid matters? Educated youths are unorganized and appear gloomy. Their words not attended by the rulers. Who is responsible for this depressing situation? Yes, the present government is to be blamed. The need of the hour is to take appropriate remedial measures to secure jobs for the youths. Don’t allow the State to run to debt trap and to total despair by the thoughtless action of some of the ministers and a few sneaky bureaucrats.

K A Solaman

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Alappuzha, Kerala, India
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