PM Modi addresses rally at Mathura, may announce ‘one rank one pension’

May 25, 2015

New Delhi, May 25: Prime Minister Narendra Modi reached Mathura and is expected to announce the implementation of the “one rank one pension” (OROP) scheme for retired personnel of the armed forces at his rally in Mathura on Monday to mark one year of his government.

Modalities related to the long-pending demand of former servicemen have been thrashed out, defence ministry sources were quoted as saying by media.

PM ModiModi could make an announcement about the scheme at the rally in Mathura, the sources said.

Finance minister Arun Jaitley said on Friday that the one rank one pension concept will be implemented as it is "an unambiguous commitment" of the NDA government.

The defence ministry is talking to stakeholders on methodology to calculate the pension, he said.

The scheme relates to the payment of a uniform pension to armed forces personnel who retire in the same rank with the same length of service, irrespective of their date of retirement.

The government told the Parliament earlier this year that the principle of one rank one pension for the armed forces had been accepted and would be implemented once modalities were approved by the government.

The main opposition Congress has demanded that the Centre should set a date for rolling out the one rank one pension scheme.

Noting that the previous UPA regime had announced the scheme in February last year, the Congress described the delay of 14 months by the NDA as "criminal inaction".

Congress vice president Rahul Gandhi assured a delegation of retired defence personnel on Saturday that his party would pressure the government for implementing one rank one pension.

“One year has passed of the NDA government and it has not proceeded with the issue. They (retired servicemen) had knocked the doors of the government but nothing materialised. The army, navy and air force take care of the nation and secure our borders, their demands should be met," he said.

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Agencies
June 9,2020

New Delhi, Jun 9: BJP leader Jyotiraditya Scindia and his mother Madhavi Raje Scindia have tested positive for COVID-19 and are currently undergoing treatment in a Delhi hospital, India Today reported on Tuesday.

They were admitted on Monday to Max Super Specialty Hospital, Saket, after the two complained of throat irritation and fever.

"Not so good news: @JM_Scindia and his mother have tested positive for corona, The former Cong turned BJP leader from MP has been admitted to hospital.. Wish him a speedy recovery!" tweeted Rajdeep Sardesai, consulting editor at the India Today group.

Breaking now: Not so good news: @JM_Scindia and his mother have tested positive for corona, The former Cong turned BJP leader from MP has been admitted to hospital.. Wish him a speedy recovery!  @IndiaToday

— Rajdeep Sardesai (@sardesairajdeep) June 9, 2020

Scindia, former Congress MP from Guna constituency in Madhya Pradesh, quit the party and joined BJP last March. Scindia, who was once Minister of State with independent charge for Power, is the BJP candidate for the upcoming Rajya Sabha elections from Madhya Pradesh.

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News Network
July 3,2020

Kanpur,  Jul 3: A total of eight police personnel including Deputy Superintendent of Police Devendra Mishra have lost their lives after they were fired upon by criminals in the early hours of Friday.

The incident took place when a police team had gone to raid history-sheeter Vikas Dubey's house.

Senior Superintendent of Police and Inspector General of Police have reached the spot and forensics team is examining the area.

State Chief Minister Yogi Adityanath has expressed his condolence to the families of the eight Police personnel who lost their lives after being fired upon by criminals in Kanpur. He has directed Director General of Police HC Awasthi to take strict action against criminals. He also sought a report of the incident. 

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News Network
June 5,2020

New Delhi, Jun 5: Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala.

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high.

It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.

Earlier in the day, Reliance Industries announced the sale of 1.85 per cent stake in its digital unit to Mubadala for Rs 9,093.60 crore, the sixth deal in as many weeks that will inject a combined Rs 87,655.35 crore in the oil-to-telecom conglomerate to help it pare debt.

"Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore," the company said in a statement.

With this investment, Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala in less than six weeks.

Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd, is a next-generation technology company.

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