news details |
|
|
‘One Rank One Pension’ | | | Prime Minister Narendra Modi’s recent statement on the implementation of the ‘One Rank One Pension’ (OROP) policy underscores a monumental effort by the government to honor the sacrifices and service of India’s armed forces. Announced on November 7, 2015, and implemented retroactively from July 1, 2014, OROP ensures that military veterans of the same rank and years of service receive an equal pension, regardless of their retirement date. PM Modi’s reaffirmation of OROP as a “significant step towards reaffirming the nation’s gratitude to its heroes” captures the essence of this policy as more than just financial relief; it is a message of respect and recognition for those who have defended the nation. OROP had been a long-standing demand of veterans, who sought parity in pensions as a matter of fairness and honor. In the military, the unique structure of ranks and early retirement ages often mean that veterans rely heavily on their pensions for long periods. Previously, differences in retirement dates led to disparities in pension amounts, resulting in newer retirees receiving higher pensions than those who retired earlier in the same rank. This inconsistency created a divide among veterans, leading to a persistent call for equitable treatment. By bridging this gap, OROP brings a long-overdue sense of parity to India’s defense personnel, making it clear that their years of service and dedication will not be undermined by the time they retired. In his statement on X PM Modi noted that millions of pensioners and their families have benefited from OROP. However, he emphasized that the policy’s significance goes beyond numbers. OROP symbolizes the nation’s unwavering commitment to the well-being of its military veterans, many of whom put their lives on the line for the country. This sentiment resonates deeply, especially considering that India’s armed forces are not only its guardians in times of war but also serve as a constant source of support in national emergencies, from natural disasters to pandemics. OROP has strengthened the bond between the armed forces and civilian society, reaffirming that veterans are valued long after their active service. This relationship is fundamental to national unity, instilling confidence in both current and former military personnel that their sacrifices are respected and their needs are prioritized. As India progresses on its path of growth and modernization, policies like OROP serve as reminders of the values the nation holds dear. Beyond economic or military might, the true strength of a nation lies in its respect for those who serve it selflessly. Through the implementation of OROP, Prime Minister Modi’s government has solidified this respect, ensuring that the country’s gratitude towards its veterans is not merely ceremonial but is embedded in actions that positively impact their lives. |
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
STOCK UPDATE |
|
|
|
BSE
Sensex |
 |
NSE
Nifty |
|
|
|
CRICKET UPDATE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|