Chennai, Jan 4 (SocialNews. XYZ) Former Union Finance Minister and Congress leader P. Chidambaram has said that the newly announced Tamil Nadu Assured Pension Scheme (TAPS) would place additional pressure on the State's finances but can still be implemented successfully if backed by strong and disciplined financial management.

Chennai, Jan 4 (SocialNews. XYZ) Allies of the ruling DMK have welcomed the Tamil Nadu government's decision to implement the Tamil Nadu Assured Pension Scheme (TAPS), describing it as a landmark reform that addresses a long-standing demand of government employees and teachers and restores dignity in retirement.