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In 2015–16 Defence pension bill was ₹ 54,500 crores of which about 36 percent was on account of defence civilians. According to Brig Deepak Sinha, a respected commentator on military affairs, "civilian pensions, despite catering to one-fifth the number of military pensioners, utilizes approximately 36 percent of defence pensions, and given ...
Subhash Bhamre, Minister of State for Defence, in a written reply to question by Neeraj Shekhar a Rajya Sabha member informed that the BJP government had accepted the slab based system for determining disability pension for the armed forces, and different system, called 'percentage basis' for the civilians. 100 percent disability for the armed ...
Defence Pensions in ₹ Crores Remarks 1: 1981 – 82: 1,670: 2: 2013 – 14: 53,582. 15: Defence allocation ₹ 2, 24, 000 crore (US$37. 15 billion prevailing average exchange rate). 2013-14 defence budget is exclusive of Rs 53, 582. 15 crore for defence pension, including for defence civilians. It also includes Rs 500 crore on account of the ...
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On the other hand, service pensions were revamped. Same 33/80 formula was used to work out defence pensions. There was no change in rank criteria for earning pension. Pensions were granted as per rank held for two years. Improvements were done to base pensions on the maximum pay of the rank and not minimum/mean pay as was the case earlier.
The military budget or defence budget of India is the portion of the overall budget of Union budget of India that is allocated for the funding of the Indian Armed Forces. The military budget finances employee salaries and training costs, maintenance of equipment and facilities, support of new or ongoing operations, and development and ...
The functions of DESW according to the official website are: "Matters relating to Armed Forces Veterans (Ex- Servicemen) including pensioners;Armed Forces Veterans (ExServicemen); Contributory Health Scheme; Matters relating to Directorate General of Resettlement and Kendriya Sainik Board; Administration of (a) the Pension Regulations for the Army, 1961 (Parts I and II); (b)the Pension ...
There are about 400,000 defence civilians, under the MOD including Ministry of Finance personnel attached to MOD. In 2015–16 Defence pension bill was ₹ 54,500 crore (equivalent to ₹ 780 billion or US$9.1 billion in 2023) of which about 36 per cent was on account of defence civilians.