The military and the Indian government are in a bit of a bind.
In 2017, India’s economy grew at an annualised rate of 4.6%, and the defence budget rose by a third, from $6.4bn to $6bn.
The Defence Industrial Policy Board (DIPPB) has been set up to set priorities for the next five years.
In this article, we’ll take a look at the military’s biggest priorities and then answer some questions about what it means to work for the armed forces.
First things first: how much do you get paid?
There are different ways to earn a living in the Indian military, depending on where you live.
You can earn a regular wage from a private contractor, a government-sponsored recruiter or an independent contractor.
If you’re from the south, for example, you can earn about $1,600 a month for a four-hour shift.
If that’s not enough for you, you might find a civilian contractor to hire you, a civilian recruiter to hire someone else or you might earn a salary of about $600 a day.
What about pensions?
The military pension system is different from the civilian system, but the basic benefits are the same.
If your job includes an active-duty role, you’ll get a full pension.
If not, you will receive a lump sum of about Rs 2,500.
In 2019, the Army has a basic pension of about 3,000 rupees ($340) a month, or about $150 a week.
The Government Pension Scheme (GPSS) also covers a lot of people.
It’s a public scheme that includes an employee-based pension of Rs 1,200 a month.
This is available to people who have been employed for five years or more and have attained the rank of a captain or above.
You’ll get more than that if you’re on active-status or retired.
But you’ll have to pay a monthly fee for the GPSS.
If, however, you’re only on a casual basis, you should be able to earn enough to live on.
What you’ll earn The basic pension is calculated by dividing the salary of the officer or enlisted member by the number of years he or she has been with the organisation.
In the case of a corporal, the pension is about Rs 4,000 a month per year.
There are also allowances for overtime pay, such as on the weekends and holidays, as well as sick pay.
However, these are all voluntary.
If someone leaves the organisation, you must pay the salary he or her received before leaving.
For instance, if a corporate left the army, he or it will have to repay Rs 4.7 lakh to the Army and Rs 2.3 lakh to its employee pension scheme.
What the Government Pension scheme pays out If you are on the Defence Pension Scheme, the Government pension scheme pays a lump-sum of about 1,000 per month.
It starts at Rs 1.75 lakh per month for men, Rs 1 lakh per week for women and Rs 1 crore per year for both genders.
You will receive the money when you reach the age of 65.
It also pays up to Rs 2 lakh a month to retired officers and Rs 300,000 for those on disability.
If a corporals pension is not enough to meet the basic pension, you may be eligible for an amount of up to about Rs 6.4 lakh.
If the Government scheme is not sufficient, you could apply for the Defence National Pension Scheme.
It gives you up to $10,000, which is enough for about a year of living expenses.
The Reserve Bank of India has also said it will pay a lump rate of about 10% of a monthly salary.
However you pay it, you are still expected to provide a monthly contribution of about 15%.
How long do you have to wait to get a pension?
If you join the armed services in 2019, you would be eligible to get the Government or Defence Pension for about seven years.
You would also get a lump amount of about 12% of your salary for every year you have been in the service.
If all goes well, you’d receive a payment of about 2.5% of every month you worked, but you would have to make a contribution of at least 15%.
What to do if you get a bad paycut?
The basic salary you’ll receive is based on your rank.
If it’s lower than a captain, you get less, and if it’s higher than a colonel, you don’t.
But if you don, you still will be entitled to the basic pay.
So if you’ve got a lower rank and you’re receiving a good paycut, you won’t be entitled, but if you go up, you do.
The other important factor is whether you’re in the reserve or the active-forces.
If both are present, the Reserve is entitled to a higher paycut