The 14th Finance Commission , in its recent
report, have observed the following.
“A potential fiscal liability may arise in the future with the introduction of OROP scheme
for Defence services.”
Though a budget provision has been made in FY 2014-15
towards OROP, the payment has not been made. Hence the payment was deferred to FY
2015-16. The estimated increase on this
account is 6.62%.
The Finance Commission also stated that “ the pension expenditure may increase by 8.7 % in 2015-16,
and by 30 % in 2016-17.
This clearly indicates that 7CPC implementation would happen
only in 2016-17.
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