Indian Military Veterans
Tags
Government revamps pension of retired army personnel
India Infoline News Service | Mumbai | March 12, 2017 11:45 IST
The Government of India through a media release recently informed that
there would be a revision of the pension bailed out to ex-servicemen,
under the recommendation of 7th Pay Commission Report, which was issued
on October 29, 2016.
The Government of India through a media release recently informed that
there would be a revision of the pension bailed out to ex-servicemen,
under the recommendation of 7th Pay Commission Report, which was issued
on October 29, 2016.
24 public sector banks have already revised the pension of 18, 99,697 pensioners and have paid Rs 5883.27 crore approximately. The same information was submitted in the Lok Sabha by Minister of State for Defence, Dr. Subhash Bhamre in a written reply to Arvind Sawant, Member of Parliament.
Revision of pension will not only boost the morale of the army personnel, but it will also encourage new people to join the force, believe military experts. Indian army is combating a massive shortage of officers presently. Currently, the Indian Army needs more than 9000 personnel to work towards national security.
24 public sector banks have already revised the pension of 18, 99,697 pensioners and have paid Rs 5883.27 crore approximately. The same information was submitted in the Lok Sabha by Minister of State for Defence, Dr. Subhash Bhamre in a written reply to Arvind Sawant, Member of Parliament.
Revision of pension will not only boost the morale of the army personnel, but it will also encourage new people to join the force, believe military experts. Indian army is combating a massive shortage of officers presently. Currently, the Indian Army needs more than 9000 personnel to work towards national security.
Disclaimer: The
contents herein is specifically prepared by ‘Dalal Street Investment
Journal’, and is for your information & personal consumption only.
India Infoline Limited or Dalal Street Investment Journal do not
guarantee the accuracy, correctness, completeness or reliability of
information contained herein and shall not be held responsible.
No comments:
Post a Comment
Indian Military Veterans Viewers, ..
Each of you is part of the Indian Military Veterans message.
We kindly request you to make healthy use of this section which welcomes the freedom of expression of the readers.
Note:
1. The comments posted here are the readers' own comments. Veterans news is not responsible for this in any way.
2. The Academic Committee has the full right to reject, reduce or censor opinion.
3. Personal attacks, rude words, comments that are not relevant to the work will be removed
4. We kindly ask you to post a comment using their name and the correct email address.
- INDIAN MILITARY VETERANS- ADMIN