India, Feb. 10 -- Himachal Pradesh chief minister Sukhvinder Singh Sukhu on Tuesday ruled out a rollback of the Old Pension Scheme (OPS), asserting that the state will generate its own resources despite the finance department's recommendation to switch to the Centre's Unified Pension Scheme (UPS). To bridge the fiscal gap, Sukhu confirmed he is seeking a meeting with Prime Minister Narendra Modi after the February 17 assembly session to request a special grant for this financial year and the formation of a high-level committee to assess the financial health of hill states.

The CM emphasised that the grant is essential to stabilise the state's treasury following the discontinuation of the Revenue Deficit Grant (RDG), which has hit 15% of ...