TCS bags extension on 30 lakh defence personnel's pension processing deal
Tata Consultancy Services (TCS) secured a three-year extension for managing India's defence pension system, SPARSH. This system streamlines pension distribution for over 30 lakh defence personnel, saving Rs 250 crore annually.
TCS Wins 3-Year Extension For Indian Defence Personnel's SPARSH Pension System
Tata Consultancy Services (TCS) has extended its partnership with the Government of India for the System for Pension Administration, Raksha (SPARSH), a platform managing pensions for over 30 lakh defence personnel.
TCS Wins Defence Pension Processing Contract Extension
TCS has secured a 3-year extension of its contract to process pensions for 30 lakh defence personnel, streamlining the process and saving the government Rs 250 crore annually. The company has also implemented the OROP scheme.
TCS secures 3-year extension of its contract for SPARSH
Tata Consultancy Services has signed a three-year extension of its contract for SPARSH (System for Pension Administration - Raksha), a government of India initiative to streamline pension distribution for over 30 lakh defence pensioners.
TCS signs three-year extension contract with SPARSH to streamline pension services for defence personnel
As per the extension contract, the role of TCS will be to maintain the hardware as well software segments for a period of next three years, while also delivering key updates to the SPARSH system.
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