Cabinet gives retrospective approval to OROP
The Union Cabinet on Wednesday gave its ex-post facto approval for the implementation of the One Rank One Pension (OROP) scheme. The benefit will be extended to ex-servicemen with effect from July 1, 2014. The Defence Ministry said that 15.91 lakh pensioners had been given the first instalment of OROP till March 31, which amounts to ₹2,861 crore.