When he was 13, one day, while dreaming about his future, my father thought how wonderful it would be to wake up every morning and find a hundred-rupee note under the pillow. “And you know what,” he said to me, laughing, “39 years later, when I retired from the army, that’s about how much I got as pension.”
He retired a colonel in October 1992, a year after the country opened up its economy, on a pension of Rs 3,700 a month. That came to nearly Rs 125 a day, just a bit more than what he had once wished