1. The STRONGEST OPPOSITION is from VETERANS ON ROLLS OF ALL BANKS DISBURSING PENSIONS. Shocked? Each bank employs Veterans of Ranks Retd Lt Generals as in SBI, Major Generals and Brigadiers to head their Defence Departments. These are high paying kushi jobs.
https://twitter.com/colsanjaypande/status/1426764841461506049
2. Senior most Veteran in these banks sits in the Corporate HQ, hires his lower hierarchy from retired officers. The perks and salary is excellent besides pension. Car, Rent, Loans etc. is a dream job. Their task? GET AS MANY PENSIONERS as possible. Extend loans and increase biz.
3. Banks CHARGE Ministry of Defence Rs 800/- per pensioners account. Each has a ‘Centralised Pension Processing Centre’ e.g. Bank of India in Nagpur, SBI in Belapur etc. If a bank disburses One lac pensions, it earns Rs 8 Cr from MoD budget. 34 lac pensioners of MoD.
4. These Veterans hired by banks cost peanuts but bring huge business by pushing schemes on wapp groups and using their friendship. They are now tasked to see that MoDs ‘Central Pension Disbursal System’ does not take off. The feed serving generals with imaginary problems.
5. The serving General puts imaginary problems in front of MoD. Soon as ‘Central Pension Disbursal System’ takes off, BANKS ARE NO LONGER REQUIRED to disburse pension. WHO LOOSES JOBS? Veterans who already draw pensions but are used to the free cream.What do they do to save jobs?
6. Banks use these Veterans to lobby to save their income from pension disbursement. Serving Generals have no clue but the abundant arrogance must resist. So tarnish MoD, tarnish Babus. Give me a better logic. READ colsanjaypande.com/15-aug-2021-vo… to understand.
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