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.
There are no short-term solutions for increasing defence pensions. It is a political challenge that the National Security Council must holistically examine.
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.
Several pension trusts invested in IL&FS because it was considered ‘safe’. So far, the losses are unclear as 200 trusts haven’t filed their returns to EPFO.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Very good decision..all govt. employees can afford to donate this amount for the health of the nation