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Budget 2014: No major boost to Defence, Jaitley allots Rs 2.29 lakh crore

, by indianmilitaryveterans

Indian Military Veterans
New Delhi: Finance Minister Arun Jaitley on Thursday announced just an additional Rs 5000 crore for the Defence Budge, taking the amount allocated to the the Indian Defence to Rs 2,29,000 crore. In the Interim Budget presented by the UPA-II government, the amount was Rs 2,24,000 crore.
In the Narendra Modi government's maiden Budget, Jaitley allotted an additional Rs 1,000 crore to the One Rank One Pension scheme.
An additional sum of Rs 5,000 crore has also been set aside for defence outlay over and above the amount provided under the Interim Budget to give a boost to the modernisation of the armed forces. "I propose to increase the capital outlay for the defence by Rs 5,000 crore over the amount provided in the interim budget. This includes a sum of Rs 1,000 crore for accelerating the development of railway system in border areas," Jaitley said adding that acquisition processes would be streamlined for making it speedy and more efficient.
Jaitley also proposed setting up of a war memorial at Prince's Park near the India Gate in Delhi and a national police memorial and set aside Rs 100 crore and Rs 50 crore for these respectively.
The Finance Minister also announced assistance in Left-wing extremist activity areas as well as for socio-economic development of villages along the borders.
On increasing FDI limit to 49 per cent through the Foreign Investment Promotion Board (FIPB) route in the defence sector with full Indian management and control, Jaitley said, "India today is a largest buyer of defence equipment in the world and domestic manufacturing capabilities in this area are still in a nascent stage.
"We are buying substantial part of our defence requirements directly from foreign players, companies controlled by foreign governments and foreign private parties are supplying our defence requirements to us and at a considerable outflow of foreign exchange," he said.
"Currently, we permit 26 per cent FDI in defence manufacturing. The composite cap of foreign exchange is being raised to 49 per cent with full Indian management and control through the FIPB route," Jaitley said. The last government had allowed FDI limit to 26 per cent through FIPB approval route and allowed FDI up to 100 per cent through the Cabinet Committee on Security-approval route.
For providing resources to public and private sector companies including small and medium enterprises to support research and development in developing defence systems, Jaitley proposed a Rs 100 crore Technology Development Fund to support the objective. He said a separate fund in this regard was announced in 2011 by the previous government "but beyond the announcement, no action was taken."
Defence forces are working towards modernising their assets and look towards finalising major deals such as the 126 multi-role combat aircraft contract, which is expected to be worth over Rs 60,000 crore. The other major acquisitions expected to be finalised in next few weeks include the deals for 22 Apache combat choppers, 15 Chinook heavy-lift helicopters and six mid-air refuelling aircraft.
The ministry has been seeking additional funds of Rs 40,000 crore since last few years.
(With additional information from PTI)

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Bringing to the knowledge of the top what is happening at the bottom

, by indianmilitaryveterans

Indian Military Veterans

The Prime Minister, on occasions more than one, has made his pain felt at the litigation initiated by the Ministry of Defence against disabled soldiers in the Supreme Court. The issue also forms a part of the manifesto of the ruling party.

The ruthlessness of the Department of Ex-Servicemen Welfare (DESW) of the Ministry of Defence is bewildering, and it is also a cause of concern that the Three Services Headquarters have not protested this sadism strongly enough in the recent past.

It is thus very clear that the Prime Minister, and also the current Defence Minister, who in all probability are very busy in the upcoming budget, are unaware that it is business as usual for junior functionaries of the DESW and that the said department and Govt lawyers in the Supreme Court are continuing with their tirade against disabled soldiers and other pensioners.

It is however heartening to note that people have taken a lead in informing the political executive of this malaise and one such letter written to the Prime Minister can be accessed by clicking here.


It is the duty of all of us to ensure that the sentiments of old and infirm pensioners, both civilian as well as military, and of disabled soldiers and military widows, are brought to the knowledge of the Prime Minister and the concerned Ministers, so that the dubious intentions of junior functionaries of the Govt are not allowed to override law, equity and justice or even to contravene the opinion expressed by the Prime Minister.

The issue has been covered in the press too:

The Hindu

The Tribune

The Hindustan Times

Source : http://www.indianmilitary.info/

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Will the NDA Government address the Angst of Armed Forces

, by indianmilitaryveterans

Indian Military Veterans

Kautilya reminded the king that his safety and security as well as of his empire depended on the trust and sacrifice of his soldiers.
  
“The Mauryan soldier does not enrich the Royal treasuries nor fills the Royal granaries. He does not carry out TRADE and commerce nor produce scholars, litterateurs, artistes, artisans, sculptors, architects, craftsmen, doctors and administrators. He does not build roads and ramparts nor dig wells and reservoirs.             

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Rajya Saha Q.&A. - Implementation of One Rank One Pension scheme

, by indianmilitaryveterans

Indian Military Veterans


08 Jul, 2014 9:09p.m.
GOVERNMENT OF INDIA
MINISTRY OF  DEFENCE
RAJYA SABHA
QUESTION NO  168
ANSWERED ON  08.07.2014

Implementation of One Rank One Pension scheme

168  DR. T. SUBBARAMI REDDY
Will the Minister of DEFENCE be pleased to satate :-

(a) the status of implementation of One Rank One Pension scheme (OROP) for the ex-servicemen;
(b) whether orders have been issued to the concerned pension authorities for re-calculation of pension of ex-servicemen on the basis of OROP;
(c) if so, the details thereof; and
(d) if not, the reasons for the delay in implementing the scheme and by what time it is expected to be implemented covering all the ex-servicemen?



ANSWER
  
MINISTER OF STATE IN THE MINISTRY OF DEFENCE (RAO INDERJIT SINGH)

(a) to (d): The principle of One Rank One Pension for the Armed Forces has been accepted by the Government. The modalities for implementation were discussed with various stakeholders and are presently under consideration of the Government. It will be implemented once the modalities are approved by the Government.

(Source-Central Govt Emp blog)

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DEARNESS RELIEF (DR) TO PENSIONER

, by indianmilitaryveterans

Indian Military Veterans

The rate of Dearness Relief to pensioners/Family Pensioners is revised bi-annually in accordance with the scheme of Dearness Allowance introduced for serving personnel. Dearness Relief is computed with reference to basic pension/family pension of the pensioner. The rates of DR since 1.1.96 has been revised at the following rates.
Period
Rate of DR on Pension(%)
From
To
01.07.1996
31.12.1996
04
01.01.1997
30.06.1997
08
01.07.1997
31.12.1997
13
01.01.1998
30.06.1998
16
01.07.1998
31.12.1998
22
01.01.1999
30.06.1999
32
01.07.1999
31.12.1999
37
01.01.2000
30.06.2000
38
01.07.2000
31.12.2000
41
01.01.2001
30.06.2001
43
01.07.2001
31.12.2001
45
01.01.2002
30.06.2002
49
01.07.2002
31.12.2002
52
01.01.2003
30.06.2003
55
01.07.2003
31.12.2003
59
01.01.2004
31.03.2004
61
01.04.2004
30.06.2004
11*
01.07.2004
31.12.2004
14
01.01.2005
30.06.2005
17
01.07.2005
31.12.2005
21
01.01.2006
30.06.2006
24
01.07.2006
31.12.2006
29
01.01.2007
30.06.2007
35
01.07.2007
till date
41

* Revised rates of Dearness Relief is 11 % w.e.f. 1.4.2004 Dearness Relief equal to 50% of the present pension w.e.f. 01/04/2004, be merged with pension
To view the order related to this please Click Here 
The Dearness Relief on the pension is revised and paid by the Pension Disbursing Agencies.

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Rates of Dearness Allowance

, by indianmilitaryveterans

Indian Military Veterans

Rates of Dearness Allowance

DA & DR ORDERS - EXPECTED DA STATUS
Effective DatesAdditional DATotal DADA OrdersDR Orders5th CPC
1.1.20060-DA/DR
1.7.20062%2%29.08.2008DA/DR
1.1.20074%6%29.08.2008DA/DR
1.7.20073%9%29.08.2008DA/DR
1.1.20083%12%29.08.2008DA/DR
1.7.20084%16%29.08.2008DA/DR
1.1.20096%22%13.03.200927.03.2009DA/DR
1.7.20095%27%18.09.200929.09.2009DA/DR
1.1.20108%35%26.03.201031.03.2010DA/DR
1.7.201010%45%22.09.201029.09.2010DA/DR
1.1.20116%51%24.03.201129.03.2011DA/DR
1.7.20117%58%03.09.201105.10.2011DA/DR
1.1.20127%65%03.04.201204.04.2012DA/DR
1.7.20127%72%28.09.201225.10.2012DA/DR
1.1.20138%80%25.04.201302.05.2013DA/DR
1.7.201310%90%25.09.201303.10.2013DA/DR
1.1.201410%100%27.03.201409.04.2014DA/DR

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Highlights of Railway Budget 2014-15

, by indianmilitaryveterans

Indian Military Veterans
Union Railway Minister D.V. Sadananda Gowda presented his maiden Railway Budget inParliament on Tuesday. Here are the highlights of this Budget.
  • No new increase in passenger fares and freight charges
  • Bullet train in Mumbai-Ahmedabad sector
  • Diamond quadrilateral for high speed trains
  • Plan to hike speed of trains to 160-200 km/hr in 9 sectors
  • Online booking to support 7,200 tickets per minute; to allow 1.2 lakh users log in simultaneously
  • Reservation system to be revamped, ticket-booking through mobile phones, post offices to be popularised
  • Online platform for unreserved tickets
  • Combo parking-platform tickets at stations
  • Women RPF Constables to escort ladies coaches; 4,000 women constables to be inducted
  • Retiring room facility to be extended to all stations
  • Battery operated cars for differently-abled and senior citizens at major stations
  • Feedback services through IVRS on quality of food
  • Food can be ordered through SMS, phone; Food courts at major stations
  • Cleanliness budget up by 40 per cent over last year
  • CCTVs to be used at stations for monitoring cleanliness
  • Setting up of corpus fund for stations’ upkeep; RO drinking water in some stations and trains
  • Automatic door closing in mainline and sub-urban coaches
  • 58 new trains and extension of 11; 864 additional EMUs to be introduced in Mumbai over 2 years
  • FDI in railway projects, except in operations
  • FDI, domestic investments in rail infrastructure
  • Office-on-Wheels: Internet & workstation facilities on select trains
  • WiFi in A1, A category stations and in select trains
  • Railways university for technical and non-technical subjects
  • Some stations to be developed to international standards through PPP model
  • Parcel traffic to be segregated to separate terminals to make passenger traffic unhindered
  • Loss per passenger per kilometre up from 10 per cent in 2000-01 to 23 per cent in 2012-13
  • Solar energy to be tapped at major stations
  • Highest ever plan outlay of Rs. 65,455 crore for 2014-15
  • Expenditure in 2014-15 pegged at Rs. 149,176 crore.

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Income Tax 2014-15 – IT Exemption limit on Savings may be doubled – Media News

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Indian Military Veterans
Finance Minister Arun Jaitley is expected to double exemption limit on long-term financial savings to ease tax burden on the middle class in his maiden budget on Thursday, sources told NDTV. Currently, the income tax exemption limit on such savings is capped at Rs. 1 lakh.
Savings instruments such as housing loan repayment (principal), five-year and above tenure fixed deposits, provident funds (PFs) and life insurance policy premiums are some investment vehicles that qualify for tax exemption under Section 80 C of the Income Tax Act.
If Mr Jaitley doubles the exemption limit to Rs. 2 lakh, high earners (taxable income above Rs. 10 lakh) will save Rs. 30,000 in taxes per year. Those in the mid-income category (taxable income Rs. 5-10 lakh) will save Rs. 20,000 in taxes, while individuals in the Rs. 2-5 lakh tax bracket will save Rs. 10,000 per year.
The move will incentivise domestic savings, which is an important source of low-cost funds for the government. Economists say this money could be utilised for infrastructure development, which is the top priority for the Modi government.
However, a Rs. 1 lakh hike in exemption limit will cost the government over Rs. 30,000 crore in foregone revenues. Mr Jaitley may have to compensate for the loss in revenue by hiking other taxes such as excise duty or import duty. The other option is to drastically hike the divestment target for this year from the current target of Rs. 36,925 crore.

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Revision of Pre-2006 Pension with effect from 01.01.2006 – Bharat Pensioners Samaj writes to Minister of Personnel and Pensions

, by indianmilitaryveterans

Indian Military Veterans
BHARAT PENSIONER SAMAJ
(All India Federation of Pensioner’s Associations)
New Delhi – 110014
No SG/MOS PP/014/2
Dated: 07/07/2014
To
Dr.Jitendra Singh
Honerable MOS (PP)
GOI. M/O Personnel,PG & Pensions
Subject: Payment of arrears of pension for the period 1-1-2006 to 23-9-2012
Honorable Minister Sir.
Kindly stop driving every affected individual pensioner to the Courts of law. instead extended automatically to similarly placed pensioners Court Judgment confirmed or delivered by the Apex Court as was recommended by 5th CPC also vide their Para 126.5.
Sir. with reference to then MOS (P) answer dated 12.02.2014 in Lok Sabha to UNSTARRED QUESTION NO 3406 regarding PAYMENT OF ARREARS TO PENSIONERS your kind attention is drawn to the facts that Principal CAT order dated 1. l l .2011 in OA No.655/2010 quashed clarificatory OM dated 03.10.2008 and directed to re-fix the pension of all pre-2006 retirees w.e.f. 1.1.2006. based on the Resolution dated 29.08.2008. While dismissing WP (C) No. 1535/2012 of UOI on 29-4-2013. Hon’ble Delhi High Court upheld the verdict of the CAT-PB. Dismissing SLP (C) No.23055/2013 filed by UOI against the judgement of Hon’ble Delhi High on 29-7-2013 and then Review Petition (C) No.2492/2013 on 12-11-2013 and finally Curative Petition (C) No. 126/2014 on 30-4-2014, Hon’ble Supreme Court upheld the Judgment of the Hon’ble Delhi High Court. With this CAT verdict dated 1-11-2011. referred to, has attained legal finality,
But unfortunately instead of implementing the said judgement in letter & spirit of all pre 2006 Pensioners DOP & PW going against the judgement. has taken a decision to implementit qua petitioners.
Sir. as is admitted in the answer to Lok Sabha unstarred Q.No 3406 Honerable CAT -PB order under reference has already been implemented from an arbitrary date 24.09.2012. Thus in all legality the arrears w.e.f. 01 .01 .2006 too should he paid to all & not only to a small section of pensioners who could afford to go to the Court of law.
Sir, Bharat Pensioners Samaj in its capacity as the largest & oldest organization of C.G. Pensioners over 550 Pensioners Associations affiliated/associated to it, appeal to you to ensure correct delivery of justice by implementing the judgement under reference to all pre 2006 pensioner so that other affected Pensioners in the evening of their live are not pushed to seek justice from court of law.
We are also request you to permit inclusion of this issue in the Agenda of 25th SCOVA meetingSheduled to be held under your Chairmanship on 24th of July 2014.
Thanking you in anticipation
With regards
Sincerely yours
sd/- dated 06.07.2014
S.C. Maheshwari
Secy. Genl. Bharat Pensioners Samaj

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