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PENSION COSTS IN DEFENCE
Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
8th Pay Commission: Government staff seek Rs 69,000 minimum pay, DA merger proposalGovernment employees are pushing for major changes in pay and pensions with the Eighth Central Pay Commission. They want a higher basic sal...
Earnings season will be real test of the market from April 10: Sunil SubramaniamIndian equities saw a dramatic intraday reversal driven by a technically engineered rupee rally, not fundamental shifts. While the IT index...
More for pensions, less for firepower: Is India’s Defence Budget strategically weak?India’s Defence Budget 2025-26 rises by 9.53% to ₹6.81 lakh crore, focusing on pensions, salaries, and modernisation. Despite increased cap...
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...
Budget 2024: All eyes on defence allocation amid raging debate over AgnipathAgnipath Scheme Budget 2024: The Agnipath scheme, aimed at reducing India's defence salary and pension bills, is facing significant critici...
MoD inks MoUs with 4 banks to onboard them as SPARSH service centres across 1,128 branchesThe Defence Accounts Department (DAD) of the Ministry of Defence has signed MoUs with Bank of India, Canara Bank, Central Bank of India, an...
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...
View: The challenge for new CDS begins nowIndia may be the fourth largest defence spender in the world and the defence budget gets the highest allocation of all ministries. Yet this...
Implementing 'One rank, one pension' scheme an unambiguous commitment of government: FM JaitleyJaitley said that the Ministry of Defence is in dialogue with various stakeholders on the methodology of calculation of pension of ex-servi...
OROP: SBI disburses Rs 1,465 crore as first instalment of arrearsThe government had in November last year formally notified the OROP scheme for the more than 24 lakh defence ex-servicemen and 6 lakh war w...
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: Government mulling committee to decide equalisation of pension issue"Government has accepted the OROP concept broadly," the Chairman of Indian Ex-Servicemen movement told reporters after the meeting.
Be patient, Navy chief RK Dhowan to ex-servicemen on One Rank One PensionNavy chief Admiral RK Dhowan today advised ex-servicemen to be patient on the long-pending demand for 'One Rank One Pension' saying that th...
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.
Babus thwarting one-rank-one-pension by inflating cost: Military veteransPut simply, OROP means that every pension-eligible soldier who retires in a particular rank deserves the same pension, irrespective of date...
Pension hike step towards achieving goal of one-rank-one pension: Defence MinistryDefence Ministry today said the recent pension package of Rs 2,300 crore for the ex-servicemen was a step towards achieving the goal of ORO...