Business Standard
Friday, May 25, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Advani picks up gauntlet for ex-servicemen
BS Reporter / New Delhi Mar 20, 2009, 01:04 IST

The demand for one-rank, one-pension (OROP) raised by ex-servicemen has taken on a political hue with the National Democratic Alliance’s (NDA’s) prime ministerial candidate, L K Advani, promising that the BJP would fulfill this demand if voted to power.

Addressing retired soldiers in the capital on Thursday, Advani said the current policy of different pensions for two individuals retiring after equal length of service and from the same rank is “illogical.”

 
Under the existing system, a havaldar who retired before January 2006 receives Rs 5,239 as pension, but another soldier of the same rank and who retired after 2006 receives Rs 8,030. The BJP would make the OROP demand a part of its election agenda and would “insist” that its NDA allies would approve of this demand, said Advani.

India’s national security and the honour of the tri-services, which provides that security is paramount for the BJP, as reflected in its “costly” decision to conduct nuclear tests soon after coming to power in 1998, said Advani.

Similarly, despite the so-called burden on the exchequer due to the implementation of the OROP, the BJP would go ahead since the “problem is not about inadequacy (of money) but of inequity,” he added.

So far, political parties have taken note of the OROP demand, but it has remained only in their election manifestos. The Congress too had listed it in its 2004 manifesto, but the United Progressive Alliance government did not fulfill the demand.

In a report tabled in Parliament by the Standing Committee on Defence, the Ministry of Defence (MoD) said it’s “unfeasible to accept the (OROP) demand” due to “additional financial liability and repercussions elsewhere.”

As per MoD estimates, instead of Rs 460 crore an annum allotted for providing pension for ex-servicemen, Rs 1,200-1,300 crore would be spent if the OROP demand is met.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- CBI opposes Yeddyurappa's anticipatory bail plea
- Crompton Greaves Q4 net down 37% at Rs 137 cr
- Ruling BJD calls Odisha bandh on May 31 to protest petrol hike
- Tecpro Systems Q4 net down 12.26% to Rs 96.29 crore
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- RBI cracks down on exporters, banks Rs sees sharp rebound
- Petrol price rise offers FDI hope to retail chains
- No oil price review before June 1, two states cut tax
- Bharti Airtel acquires 49% in Qualcomm India for Rs 907 cr
- US sets more duties on India steel pipe
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us