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MILITARY PENSION BUDGET
Andy Burnham distanced himself from UK Prime Minister Starmer, but may be stuck with his policiesA significant leadership change is imminent in Britain as Andy Burnham prepares to succeed Prime Minister Keir Starmer. Burnham, recognized...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
Disability pension tax relief withdrawn in Budget 2026 for these armed forces personnel; Check detailsThe Budget document proposes a specific exemption for disability pension paid to members of the armed forces, including paramilitary forces...
Pakistan govt reduces pension benefits of retired civil, armed forces personnelThe Pakistan government has cut pension benefits for retired civil and armed forces personnel to control the rising pension bill. The chang...
Defence Budget 2024 Comparison: How India's defence allocation for armed forces stack up against China and PakistanDefence Budget 2024 Comparison: India's defence budget for FY 2024-25 has been raised to ₹6.21 lakh crore (US $75 billion), up from ₹5.94 l...
Budget 2024: Let's go down AgnipathBudget 2024: Recent deaths of 18 'Agniveers' have reignited the debate on the effectiveness of the Agnipath scheme in India's defense budge...
Unveiling India's Rs 6.21 lakh crore Defence budget with a dual focus on self-reliance and export boostFinance Minister Nirmala Sitharaman has unveiled a staggering allocation of Rs 6.21 lakh crore for the Ministry of Defence during the Inter...
OROP arrears make impact: Pension Bill high; tech assist fund fails to take offThe allocation for the defence ministry has been pegged at ₹5.93 lakh crore, up from ₹5.25 lakh crore in the 2022-23 budget. The capital ou...
Nearly 20,000 defence personnel delisted from services for deserting Sri Lankan forces: OfficialThe amnesty granted for the military deserters, who were absent from their respective duties for a very long time, is in force from Novembe...
Defence Budget 2021: Rs 4.78 lakh crore allocated for defence, 19 percent increase in capital outlayRs 1.35 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military h...
Budget 2016: Does proposed allocation jeopardize India's defence modernisation drive?The Budget document shows that excluding pensions, an allocation of Rs 2.58 lakh crore is made for defence as against last fiscal's Rs 2.47...
Budget 2016: Pensions sink defence modernisationIt is the first time that defence pensions have overwhelmed money allocated to modernise the armed forces, with the ministry seeing an 8.5%...
Budget 2016: Holistic approach to defence planning is absent in IndiaThe biggest surprise in the Union Budget is that, of the Rs.3,40,922 crore set aside for the MoD, not a single additional rupee has gone to...
OROP: Long-standing demand of veterans and basis for itUPA had initially allocated only Rs 500 crore for OROP . The veterans were demanding that OROP be implemented from April 1, 2014.
Bazooka hits military’s hopes of modernisationThe defence outlay works out to 1.63 per cent of the projected GDP for 2017-18, the lowest figure since the 1962 war with China.
POKE ME: GoI has succumbed to bureaucratic politics to deny ‘real’ OROP to ex-servicemenThe bureaucrats have argued that if the military is given OROP, others will demand it. Yes, there are other equally demanding professions.
Keep politics aside, here's how NPS can ensure an affordable OROP schemeThe NPS was never applied to the Armed Forces because about 80 per cent of the military personnel retires between the ages of 35 to 40.
Rahul Gandhi to meet ex-servicemen on SaturdayParty sources said that Gandhi is taking up the cause of "one-rank-one-pension" at a time when there is unhappiness among ex-servicemen ove...
Budget 2015: ‘One rank, one pension’ for armed forces, a reality soon?"Govt this time has decided that the military personnel, who retire at a much earlier age and undergo life-threatening postings, cannot be ...
- Pak's defence allocation is Rs 675 bn
Pakistan govt total allocation for the military is about Rs 675 bln and not Rs 442 bln.