With the Union Budget coming up, there are a host of measures India could take to improve its pension system. The first one is clarifying the difference between NPS and UPS.
Lt Gen Nilakantan says revised Entitlement Rules & Guide to Medical Officers for pensions had been revised to rationalise disability classification, quantification & granting of disability.
A detour from earlier stand of minimising litigations against veterans, govt move comes month it tweaked rules for granting of disability pensions to military personnel, causing furore.
Change in name to Impairment Relief doesn't affect 'true nature of entitlement or quantum of emoluments', says CDS. Concerns of ex-servicemen were addressed by a panel, he adds.
All-India Ex-Servicemen Welfare Association, in statement addressed to defence ministry, says new entitlement rules 'turn medical science on its head and beat logic to death'.
Ex-servicemen association accuses defence ministry of being regressive, negative, & anti-soldier for coming out with 'impairment relief', which is likely to be taxable.
Officer trainees disabled during training are given monthly 'ex gratia' of Rs 9,000 & disability award of Rs 16,200 for 100% disability, both lower than minimum defence pension of Rs 18,000.
In 122-pg report tabled in Rajya Sabha, Comptroller and Auditor General showed other gaps in disbursal & recommended 'specific measures for cleaning/weeding out ineligible beneficiaries'.
Pension for trainees likely to be based on starting salary of lieutenant or equivalent. Defence ministry currently assessing the overall financial implications of the move.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
New Delhi: India’s air defence systems intercepted and destroyed 1,000 drones and missiles launched by Pakistan on 9 May during Op Sindoor, Prime Minister...
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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