Orop Annual Equalisation Of Pension

Budget for the next fiscal needs to provide Rs 1.10 lakh crore for implementing the One Rank One Pension (OROP) and 7th Pay Commission award, besides a higher allocation for the farm sector, Finance Minister Arun Jaitley said today.

With the 'One Rank, One Pension' (OROP) scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is likely to take a final decision on granting of "organised services" status to them.

Defence Minister Manohar Parrikar on Tuesday said the demand to equalise the pension for retired armed forces personnel annually was "difficult".

Budget for the next fiscal needs to provide Rs 1.10 lakh crore for implementing the One Rank One Pension (OROP) and 7th Pay Commission award, besides a higher allocation for the farm sector, Finance Minister Arun Jaitley said today.

With the 'One Rank, One Pension' (OROP) scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is likely to take a final decision on granting of "organised services" status to them.

Defence Minister Manohar Parrikar on Tuesday said the demand to equalise the pension for retired armed forces personnel annually was "difficult".