Indian Govt thinks of increasing retirement age to 62

In order to curb outflow of money in the form of gratuity, pension etc Govt of india is thinking to raise the age limit to 62.

This is not a good suggestion and it is going against the young generation. Any political party has to plan for present generation and future generation. Just for avoiding outflow of funds, if the plan is there to extend retirement age to 62 years, it is laughable. Then there is no limit for upper age limit and with the present salary structure, working govt employees will be happy but seeing the unemployment figures in India, Govt will be doing injustice to the unemployed youths. Already there are lot of complaints about high salary structure with secured jobs with good pension drive manay caste and communities to grab govt jobs and award to their communities and partymen. So Congress Govt should not allow this to happen in the interest of future generation. Policies like export of iron ore, cotton etc are the blows to Indian economy as we do not attempt to make value added item exports using the base raw materials and many industies like cotton textiles mills which are giving employment to millions in India are in the process of losing export orders due to increase in price of cotton. So govt should plan long term view and not short term view. The maximum age ceiling should not go beyond 60 years. On the other hand, Govt should think of extending old age pension to orphaned ones in the society by bringing some supertax on companies so that slowly it can create social benefit schemes for the old. Also giving tax advantage to old age homes with proper scrutiny periodically about running of old age homes with panel of public figures will go in long way to bring progress of indian people.