GOVERNMENT AND ITS LOOT ON ARMED FORCES 

Its an eye opener for serving military personnel.

Presently the monthly insurance premium is Rs.5000/ for officers and Rs. 2500/- for others.

Sum assured Rs. 50,00,000/- for officer and Rs.25,00,000/- for jawans 

premium is deducted from the salary.

These days one can get normal life insurance (without covering war and other profession rsisk of soldiering which is bound to be borne by the Govt).for a monthly premium of Rs.4000/- for a sum assured of Rs.1,00,00,000/-.(One crore)

The heavy premium paid by the soldiers is about 220%  higher to the normal prevalent rates in the market. 

high premium is mandated due to war risks which govt is ordering to take. 

Govt does not fund the army group insurance scheme at all and the soldiers not only risk their life for country but also pay in cash  for taking such risk.

Let us see the contemporary comparison which was selectively used for PAy commission for pay comparison purpose only.

1.In USA, every soldier is insured regardless of rank for a monthly premium of 27 Dollars for summ assured of 400,000$ ( Rs.2,50,00,000).(Two crore fifty lakhs). This entire premium is borne by the federal govt which is mandated by a law.India also have india defence act 1970 none ever referred it.

In the contrary, in india govt order you to take risks the lives and also make you pay for it t000000....

Any old soldier who defied such death is not even given 4% growth of the premium paid as all the money is paid for risk cover which is morally to be expended by the govt.

its no problem paying money to the govt for risk also provided that the money paid for own risk should be made to work and grow as per the contemporary socio-economic conditions.Read market prevalence....

I am just wondering may be because of this only the GOI is paying soldiers MSP .....

really a big question is wondering in my mind.....

THIS COUNTRY HAS HISTORY OF BEING ENSLVED DUE TO NOT GIVING ITS DUE TO ITS SOLDIERS ....HOPE SOMEONE IN POWER READ HISTORY ...

  “The Mauryan soldier does not enrich the Royal treasuries nor fills the Royal granaries. He does not carry out trade and commerce nor produce scholars, litterateurs, artistes, artisans, sculptors, architects, craftsmen, doctors and administrators. He does not build roads and ramparts nor dig wells and reservoirs. He does not do any of this directly.
            “The soldier only and merely ensures that the tax, tribute and revenue collectors travel forth and return safely; that the farmer tills, harvests, stores and markets his produce unafraid of pillage; that the trader, merchant and financier function and travel across the length and breadth of the realm unmolested; that the savant, sculptor, maestro and mentor create works of art, literature, philosophy and astrology in quietitude; that the architect designs and builds his Vaastus without tension; that the tutor and the priest teach and preach in peace; that the rishis meditate in wordless silence; that the doctor invents cures and medicines undisturbed; that the mason and bricklayer work unhindered; that the mother and the wife go about their chores and bring up children in harmony and tranquility; that the cattle graze freely without being lifted or stolen.
            “Pataliputra reposes each night in peaceful comfort, O King, secure in the belief that the distant borders of Magadha are inviolate and the interiors are safe and secure, thanks only to the Mauryan Army standing vigil with naked swords and eyes peeled for action, day and night, in weather fair and foul, all eight praharas (round the clock), quite unmindful of personal discomfort and hardship, all through the year, year after year.
            “While the citizenry of the State contributes to see that the State prospers and flourishes, the soldier guarantees it continues to EXIST as a State! To this man, O Rajadhiraja, you owe a debt: please, therefore, see to it, on your own, that the soldier continuously gets his dues in every form and respect, be they his needs or his wants, for he is not likely to ask for them himself.”
            Then Kautilya, known also as Chanakya gave his king this blunt warning: “The day the soldier has to demand his dues will be a sad day for Magadha for then, on that day, you will have lost all moral sanction to be King!”