In a landmark decision, the Narendra Modi government on Saturday decided to implement the One Rank One Pension (OROP) scheme. Addressing a section of the media on Saturday afternoon, Union Defence Minister Manohar Parrikar said, “The Government of India respects its defence forces. They display courage and bravery in difficult circumstances. The issue of OROP has been pending for over four decades and the Prime Minister has on many occasions reiterated this government’s commitment to implement OROP.” Parrikar added that the previous government had estimated that implementation of the scheme would cost Rs 500 crore, however the “reality is that OROP scheme would cost 8,000 crore to the exchequer. Therefore, the government has decided to implement the OROP scheme despite huge financial burden.”
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