One Rank, One Pension highlights need to reduce pension bill

By Ajai Shukla 17th Aug 15 (Truncated version of this article is in Business Standard) Political pundits and the media focused keenly on Independence Day on whether Prime Minister Narendra Modi would grant “One Rank, One Pension”, or OROP, to retired soldiers, sailors and airmen. The defence ministry’s Department of Ex-Servicemen’s Welfare says India has 22,50,000 military pensioners (

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