Jay Panda welcomes ‘one rank, one pension’ for ex-servicemen

In his interim budget speech, Finance Minister P Chidambaram announced that the defence budget was being raised to Rs 2,24,000 crore. “Rs 500 crore will be transferred in 2014-15 for implementing the ‘one rank, one pension’ decision,” he added. Under the “one rank, one pension” rule, retired soldiers of the same rank and length of service will receive the same pension, regardless of when they retire.
Watch more videos: http://www.ndtv.com/video

manishchowhan