Tuesday, 17 May, 2022
TopicPension

Topic: Pension

After 60,000 veterans fume about delayed April pensions, defence ministry promises payout today

The Ministry of Defence has granted 58,275 pensioners time until 25 May 2022 to get their identification data updated on SPARSH online system.

Rajasthan’s pension system reversal is anti-reform, it will reintroduce inequality

The decision to move away from the defined benefit old pension scheme for civil servants was based on the fact that the old pension system was inherently inequitable.

BJP minister remark on national flag communal. Karnataka needs sanity instead of imitating UP

ThePrint view on the most important issues, instantly.

Modi govt raises family pension for bank employees to 30% of last drawn salary

The govt has also decided to increase the employer’s contribution in New Pension Scheme to 14% of the salary from the current 10%.

Govt owes Indians an explanation. Or its gag order & pension rule can be seen as blackmail

Retired officials’ freedom of expression has been threatened by empowering the government to withhold pension even before 'guilt' is established.

Modi should ask MPs, MLAs to give up pension & use the funds to support youth — Rakesh Tikait

BKU leader Rakesh Tikait also batted for safeguarding interests of people engaged in milk supply, apprehending a new policy could jeopardise the community’s livelihood.

Finance Ministry halts dearness allowance increment for central govt employees, pensioners

Due to Covid-19 crisis, additional instalment of DA and DR due from 1 January 2020 will not be paid. However, they will continue to be paid at current rates.

Growing defence pensions a problem. But CDS Rawat’s retirement age proposal not the solution

There are no short-term solutions for increasing defence pensions. It is a political challenge that the National Security Council must holistically examine.

Defence pension jumps 13.6% in Budget 2020, but overall allocation rises just 3%

The total defence budget, including pensions, stands at Rs 4.71 lakh crore. Pensions constitute 28% of the defence ministry’s overall expenditure.

To realise NIP worth Rs 102 lakh crore, Modi govt needs Indians to save long-term

To help India become a $5-trillion economy, the National Infrastructure Pipeline has been unveiled. But the big constraint is money willing to be locked up for years.

On Camera

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Pakistan Prime Minister-elect Shehbaz Sharif on 7 April | Photographer: Aamir Qureshi/AFP/Getty Images via Bloomberg

The four-point plan to revive Pakistan’s economy—from land reform to real estate

Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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