Updated: February 17, 2014 4:16:58 pm
“It is a historic and necessary step,” he said on government’s announcement of the scheme during presentation of the interim budget.
Finance Minister P Chidamabaram announced that the government has accepted the “one rank, one pension” principle as part of a 10 per cent hike in the defence budget, a decision that the ruling Congress hopes will win it the support of lakhs of soldiers ahead of the Lok Sabha polls.
Earlier in the day, the Prime Minister said it, “has been addressed comprehensively and I am confident that our forces, officers and jawans will welcome this.”
Meanwhile, several MPs cutting across party lines, welcomed the “one rank, one pension” announcement. Minister of State for Defence Jitendra Singh said it was a very very genuine demand and he was “personally very happy”.
He said Congress President Sonia Gandhi and Vice-President Rahul Gandhi had also spoken to the Prime Minister favouring the demand.
(With PTI inputs)
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