Date: Monday, 6 July, 2009, 10:32 PM
Dear Colleagues,
The Finance Minister, in his budget presentation to the Parliament today, made a mention of ‘one rank one pension’. Only sketchy information is available to even those who watched him on the TV– I myself did not. Reportedly, the main beneficiaries are the pre-1997 PBOR pensioners, who have been brought at par with post-1997 and pre-2006 pensioners. That is a positive. From what is known, OROP as is commonly understood has not been sanctioned. However, fuller details have to be awaited before any objective analysis is possible.
Best regards,
Lt Gen (Emeritus) Raj Kadyan, PVSM, AVSM, VSM
Chairman IESM
2009 Budget
An allocation of Rs 2100 crores for increase in pension for defence personnel augurs well. If one reads into the allocation it is obvious that "One Rank One Pension" has been sanctioned by the Parliament and accepted by all the Politicians and finances catered for in the 2009 budget. The only riders one can, therefore, perceive are those imposed are by the bureaucrats who can downgrade at will the "OROP" by cunningly hoodwinking the Politicians.
Tuesday, July 7, 2009
IESM: Chairman's Desk- Reading the 2009 Budget
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Neither the "Report my Signal -Blogs" nor the individual authors of any material on these Blogs accept responsibility for any loss or damage caused (including through negligence), which anyone may directly or indirectly suffer arising out of use of or reliance on information contained in or accessed through these Blogs.
This is not an official Blog site. This forum is run by team of ex- Corps of Signals, Indian Army, Veterans for social networking of Indian Defence Veterans. It is not affiliated to or officially recognized by the MoD or the AHQ, Director General of Signals or Government/ State.
The Report My Signal Forum will endeavor to edit/ delete any material which is considered offensive, undesirable and or impinging on national security. The Blog Team is very conscious of potentially questionable content. However, where a content is posted and between posting and removal from the blog in such cases, the act does not reflect either the condoning or endorsing of said material by the Team.
Blog Moderator: Lt Col James Kanagaraj (Retd)
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