Tag: Shashi Kant Sharma

Defense Ministry moves to overhaul pensions

Defense Minister A.K. Antony directed orders to be issued by the end of this month for the payment of increased pensions for personnel who retired before 2006 at a cost of INR 2,300 crore, by March 31, 2013, which is expected to affected over two million veterans.

Coast Guard aims for ambitious expansion

Defense Minister Arackaparambil Kurian Antony: The Indian Coast Guard (ICG) will be one of the biggest in this sector in the world by 2018. ICG assets have increased by 50 percent and the number of stations will go up from 22 to 42. Indian shipyards are building 156 vessels for the ICG and 12 Dornier aircraft will be inducted within two years.