Friday, October 18, 2024
spot_img

One rank, one pension for defence forces

Date:

Share post:

spot_img
spot_img

New Delhi: In a decision that will bring cheer to some 24 lakh retired armed forces personnel, Finance Minister P. Chidambaram announced Monday that their long-pending demand for one rank, one pension (OROP) has been accepted, even as he hiked the defence spend for 2014-15 to Rs.224,000 crore (Rs.2.2 trillion/($36 billion).
This is against the Rs.203,627 allocated for 2013-14 that ends March 31, Chidmabaram said while presenting the interim budget for the new fiscal in the Lok Sabha.
While Rs.89,588 crore has been set aside for acquisitions by the armed forces, Rs.134,410 crore will go toward payment of salaries and other expenses.
The allocation also includes Rs.500 crore for implementing the OROP norm from the fiscal beginning April 1. With this, the annual pension bill of the armed forces will go up to Rs.50,000 crore.
The OROP demand had begun soon after the Sixth Pay Commission delivered its report in 2006. On innumerable occasions, large numbers of ex-servicemen also returned as a protest their medals to the president, who is the supreme commander of the armed forces. However, their appeals till now had fallen on deaf ears.
Noting that the OROP demand “is an emotive issue” that has legal implications”, Chidambaram said the issue “has to be handled with great sensitivity”.
He also pointed out that during the tenure of the UPA governments, changes in pension rules applicable to the defence services were made thrice in 2006, 2010 and 2013.
Contending that India needs “a young fighting force, we need young jawans, and we need young officers”, Chidambaram added: “We also need to take care of those who served in the defence forces only for a limited number of years.” (IANS)

spot_img
spot_img

Related articles

Lack of schools & healthcare a concern as NIT shifts to Sohra

Shillong, Oct 17: A long wait of 14 years finally ends for the National Institute of Technology, Meghalaya...

MHRC rendered inactive after member’s term ends

Shillong, Oct 17: The Meghalaya Human Rights Commission (MHRC) will no longer be able to conduct any meeting...

Govt defends festival budget as investment in tourism sector

SHILLONG, Oct 17: With the government-sponsored festival season approaching fast, the state government has justified the budget allocated...