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Thursday, March 26, 2015

One Rank One Pension to Cost exchequer Rs 7,500 Crore 10,000 Crore

One Rank One Pension to Cost exchequer Rs 7,500 Crore 10,000 Crore

CHANDIGARH: Implementation of 'One Rank One Pension' scheme, the long-standing demand of Armed Forces veterans, is likely to cost the exchequer Rs 7,500 crore to Rs 10,000 crore, Union Minister Rao Inderjit Singh said today. 

The government has already made it clear that One Rank One Pension (OROP) will be implemented with effect from April 1, 2014, the Minister of State for Defence told reporters here. 

He said that the Defence Ministry had recently forwarded to the Finance Mi .. 

Read more at: http://economictimes.indiatimes.com/

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