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Invites regional ESM organizations to get affiliated with AFVAI to strengthen the movement Further.Please contact at afvaindia@gmail.com #

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WATCH THIS BLOG REGULARY FOR LATEST NEWS ON ONE RANK ONE PENSION & OTHER SERVICE BENEFITS RELATING TO EX-SERVICE PENSIONERS #

Monday, 7 March 2016

Govt provides for OROP, pay panel despite earlier doubts

 

Union Budget 2016-17 has made reasonable provision for the expected increase in salaries, allowances and pensions due to the recommendations of the pay commission (CPC) and implementation of the one rank, one pension (OROP) for ex-military personnel in the coming financial year.

Finance Minister Arun Jaitley had said in February, before the Budget, that he would have to provide Rs 1.1 lakh crore for both. The 2016-17 documents show he has allocated Rs 1.06 lakh crore more for defence and civilian government employees’ pay, allowances and pension from the revised estimates for 2015-16. This is despite promising to meet the fiscal deficit target of 3.5 per cent of gross domestic product. The 2016-17 estimates for pay, allowances and pension for defence and civilian government employees total about Rs 4.03 lakh crore, compared with the revised estimates of Rs 2.97 lakh crore for 2015-16.

1 comment:

  1. When many bankers speedily implementing orop circular 555 and when many bankers disbursed also what happened to central bank of India. They are very silent till date. The other bankers do better administer. When phone call made to CPPC TOTALLY THE PHONE IS BUSY OR NOISELESS. THE FOREMOST POINT YOU SHOULD TAKE TO DEPTT OF ESM WELFARE THAT ANY CIRCULAR THEY ISSUE SHOULD BE BEST FORE A DATE BEYOND THE IMPLEMRNTING AUTHORITY TO PAY INTERRST AND PENALTY. THIS IS FOR BLOG RUNNERS WHICH IS PURELY RUN BY JAWANS.

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