My dear Gangadharanji,
Let us use this against LIC itself. Let us emphasize that, where they stand today is because of the efforts put in by people who are now pensioners, and who by their own statement, are being made to suffer this badly. Let them voluntarily come out with, how they want to compensate them, without overlooking what the various courts have to say! I totally agree with what Mr. Mahadevan has to say.
Why should we get unnerved by the mention of Rs 9700 crores payable by LIC if upgradation is effected?
- In fact it only clearly demonstrates that pensioners have been denied a whopping Rs 9700 Cr (presumably excluding interest lost by pensioners) as a result of non-upgradation of pension over a period of more than 17 years by not getting upgraded pension, not to speak of additional loss of denied amounts from 1/11/1993 to 31/7/1997 on account of unresolved DR anomaly. This denial has happened because of not amending LIC Pension Rules 1995 which has resulted in discrimination and LIC/GOI violating articles 14 & 16 of the Indian Constitution.
Our counsel should forcefully place this argument before the Supreme Court Bench.
With best wishes,
B.D.Bhargava