Sunday 10 March 2013

CGDA's Calculations for the High Powered Committee

his is what the reply to my RTI reveals:
Rank -     Cadre Strength - Approx arrears in Rs          - Estimated amount Rs
Army
Captain          9406                60226                               5665045568
Major            13212              182750                                 241449300
Lt Col             7295               70832                                 516573540
Col                  3900              24064                                  93857400
Brig                  917                 5250                                    4814250

Air Force

Flt Lt               2181           Not given                                65760231
Sqn Ldr           4097            not given                              255822912
Wg Cdr           2845           not given                               133441065
Gp Capt            564           not given                                  5547693
Air Cmde          144           not given                                      27150

Navy

4100 officers                  not given                              20, 00, 00000

Summary

Army - 34730 officers -   Rs 3600000000
Navy - 4100 officers -     Rs     200000000
Air Force - 7650 officers Rs  460000000

Total -        46489 officers  Rs 42600000000

Interest calculations

Amount                 No of years                                     Interest
426000000                10                                         255600000
852000000                  9                                         460080000
1278000000                8                                         613440000
1704000000                7                                         715680000
2130000000                6                                         766800000
2556000000                5                                         766800000
2982000000               4                                          715680000
3408000000               3                                          613440000
3834000000               2                                         460080000
4260000000               1                                         255600000
Total                                                                     5623200000

Interest from 1.1.1986 to 30.6.2010 on Rs 426000000 = 3706200000

Interest for one month Rs 2,13,00, 000

Total Rs 1358,94, 00, 000


 Pension
Rank                 Numbers                                 Total amount
Capt                    347                                     Rs 5746320
Major                1258                                        62497440
Lt Col                2732                                      135725760
Col                    2621                                      223974000
Brig                   1220                                       121219200
Total Rs                                                           736025760

Army - Rs 7300000000
Navy - Rs   300000000
Air Force Rs 70000000
Total Rs      830000000
Interest Rs 181, 77, 00, 000

Grand Total - Rs 2647700000

Total financial effect

Pay + interest Rs 13589400000
Pension + Int Rs 2647700000

GRAND total Rs 16237100000

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