Government meets demand,12 lakh retired jawans get pension hike

The Government has announced a substantial increase in pensions of jawans to meet a long-standing demand of the ex-servicemen community. Presenting the budget on Monday, Finance Minister Pranab Mukherjee said the enhanced pensions would benefit more than 12 lakh personnel below officers rank and would cost the exchequer Rs 2,100 crore annually.

While pensions for jawans have been increased, a similar raise for retired officers has not been announced and is expected to be resolved later. However, the non-inclusion of officers in the announcement has raised concerns amongst ex-servicemen who are waiting for a detailed explanation by the government.

The only change from the interim Budget that was announced in February is the decision to increase pensions for ex-servicemen,

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