PROVISION OF D.A.. (DEARNESS RELIEF) FOR PENSION IN ONGC

I fully agree with the views of Shri Nirmal Kumar with regard to Dearness Relief to be linked to PRBS or any scheme of Pension in ONGC.

The Dearness Relief (DR) is paid to the Central Government Pensioners/family pensioners to compensate them for the rise in cost of living. The rate we.f. 01.7.2004 is 14%

ONGC is Navratana. Number -ONE Public Sector of the country. Under its social obligations it is supposed to be Number- One, among others, for safeguarding the interests of its retired employees who rendered dedicated service to the Corporation in their hey days under hostile environ and hazardous working conditions in remote areas away from families.