Cannot consider one-year pension revision under OROP: Parrikar
Defence Minister Manohar Parrikar Tuesday said the demand of armed forces veterans for annual revision of pension under "One Rank One Pension" (OROP) scheme could not be considered as definition of OROP does not specify any timeframe for upgradation of pension.
Sep 09, 2015, 00:25 AM IST
OROP no threat to fiscal arithmetic: Jayant Sinha
Government Monday ruled out the possibility of additional financial burden of Rs 8,000-10,000 crore on account of OROP scheme hurting the fiscal consolidation programme, saying there was "space" to absorb it.
Sep 07, 2015, 18:06 PM IST
OROP to cost Rs 16,000 crore in FY16; to impact fiscal math: HSBC
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore in the current financial year, says an HSBC report.
Sep 07, 2015, 17:11 PM IST
