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India.com
a day ago
- General
- India.com
When did pensions begin worldwide? How much did Indians receive back then? The numbers will shock you!
A pension is one of the most important factors for senior citizens. Every retired person receives a fixed payment each month that helps support their living expenses. Today, it's not only government employees but also those employed in a private corporation who depend on their pension when retiring. But have you ever wondered how much pension Indians received during the British rule? Pensions have a history of more than 2,000 years. In the 1770s, the practice of granting pensions began in Europe with various European dignitaries. Within a few years, pensions were awarded to Indian sepoys and civil servants. Historians suggest that the first pensions were issued to British military officers, many of whom are still widely recognized, such as Lord Cornwallis. It has not been recorded who the first Indian pensioner was, but more than likely, a sepoy or havildar on retiring from service was the first individual to receive a pension. According to the media reports, an ordinary sepoy was entitled to a pension of 4 to 7 rupees per month, while a British officer received a pension of 100 to 200 rupees per month; today, these amounts are comically small, but back then, Re 1 could sustain an entire family for a month. Later, in 1889, German Chancellor Otto von Bismarck introduced the first public pension for elderly people over 70 years old, making pensions go from being an honor to a right, and this became the basis for social security systems worldwide. The history of pensions in India goes back to the era of British rule. The East India Company made provision for its officers and soldiers to receive some income on retirement, so the concept of pension was very much born out of necessity. For government employees, pensions are said to have been formally introduced in 1881. The amount was, during the years following that date, at least socially recognized to be enough to provide a modicum of income to allow a retiree to live without worry about food, water, or shelter.
Time of India
10-06-2025
- Politics
- Time of India
In Brief: KPSC notification for recruitment quashed
Karnataka Administrative Tribunal Karnataka Public Service Commission road safety curriculum In a major setback to the state government, the(KAT) annulled the's (KPSC) February 26, 2024,notification for recruiting 384 Gazetted Probationers, citing a violation of the Supreme Court's 50% reservation cap, and also struck down the government's December 2022 order that raised quotas to 56% without legislative approval. The tribunal, led by Chairperson Justice RB Budihal and member Raghavendra Auradkar, ruled in response to a petition by BN Madhu of Channapatna, challenging the legality of the increased quota based on the 2022 ordinance issued by the Basavaraj Bommai-led BJP government, which raised SC/ST reservation from 18% to 24%.While allowing KPSC to issue a fresh notification within legal limits, the verdict disrupts the recruitment process, affecting thousands of aspirants, and the state government is now expected to challenge the ruling in the High a rare and significant find, historian and researcher Dr B Ramachari has unearthed a 233-year-old edition of the prestigious British newspaper 'The Mail' or 'Claypoole's Daily Advertiser', which contains a detailed account of Tipu Sultan's valour during the Third Anglo-Mysore newspaper, published in 1792, had a series of letters written by British officer Lord Cornwallis to the then Governor-General. These letters vividly describe the events of the war and provide compelling insights into Tipu Sultan's military strategies and to the report, Tipu Sultan, accompanied by a formidable army of 30,000 soldiers, was advancing from Arcot toward the Carnatic region, camping near Bengaluru and Srirangapatna. Lord Cornwallis, in his letters, had expressed concern to the Governor-General about the possible consequences of engaging Tipu Sultan in Police Department's proposedhas not yet been incorporated into the state school syllabus. The Education Department has decided to bring this matter to the attention of the textbook committee chairperson for necessary Department had prepared a detailed curriculum on road safety and requested the Department of State Education Research and Training (DSERT) to integrate it into various grade-level syllabi. DSERT officials forwarded this proposal to the Karnataka Textbook Society (KTBS).In response, KTBS managing directors informed that any addition or removal of topics requires approval from a textbook revision or creation committee appointed by the government. Once such a committee is formed, the Police Department's prepared road safety curriculum will be formally presented for consideration.
