S Gangadharan
Wednesday, October 29, 2008 03:57 IST
The fiscal rot assumed an endemic character only from 1979-80
The Union finance minister has been speaking about the budgetary position of the Union government both inside and outside Parliament. (more…)
Bangalore: Busting crackers inseparable part of Deepavali festival in India. All households in cities and villages are found busy in busting crackers and exchanging Deepavali greetings.
Residents of the City are seen standing on top of the buildings to see bursting of crackers and colorful skies. Young and old fired rockets and flower pots and enjoyed the colorful festival with religious vigor and spirit.
People wore new clothes after oil bath in the morning. They offered prayers at temples and placed light candles and traditional lamps in front of their houses. Cell phones keep on ringing through out the day to greet us a “Happy Deepavali”. (more…)
October 28th, 2008
Bangalore, Oct 28 (IANS) The successful launch of India’s first lunar mission Chandrayaan-1 has inspired many Indian space scientists working abroad to return home for a promising career in the Indian Space Research Organisation (ISRO), a top official said.”Our moon mission has aroused tremendous interest in the scientific community the world over. The launch has made many overseas Indian space scientists think of returning and working in our organisation to further their career prospects,” the official told IANS. (more…)
New Delhi, Oct 28, 2008: If all goes well the university teachers will be paid 40 percent pay arrears in November. It must come as a Divali gift for most of teachers who still don’t seem to have any idea as to when they will start receiving the revised pay scale. (more…)
Saturday, October 25, 2008
The armed forces have vigorously protested against the implementation of Sixth Pay Commission’s report citing gross discrimination.
They say the civil servants are misleading the government about the armed forces’ genuine representation. The lieutenant commanders are placed at lower pay band while equivalent civilians are placed in higher pay band. (more…)
Sixth Pay Commission: Truth deficit
The finance minister has finally admitted that the Government will not meet its deficit targets this year. He said that India
“may overshoot” its targets, which is a little like saying that Jaipur lies “just beyond” Gurgaon. The apparent justification
for his attempt to minimise the fiscal irresponsibility that has caused India’s public debt to balloon is that he expects the
fiscal deficit, which is supposed to be not more than 2.5 per cent of national income this year, to be only a few tenths of a
percentage point higher. In fact, P. Chidambaram managed to sound almost self-congratulatory about it. This is an
unacceptable sleight of hand. (more…)
Sixth Pay Commission: Govt accepts Pay Panel proposal for deceased soldiers
New Delhi, Oct 23: This is one proposal of the 6th Central Pay Commission which is likely to bring cheer to the ruing armed forces personnel.
The government has accepted a CPC recommendation that the state exchequer bear the travel cost of deceased personnel’s family members from the place of death to his village or funeral site. (more…)
Sixth Pay Commission: Concern in RS over anomalies in pay scale of armed forces
New Delhi, Oct 23 Sharing the concerns of armed forces over pay anomalies, BJP today made a strong demand in the Rajya Sabha for setting up a statutory commission for welfare of ex-servicemen and representation of retired personnel in pay panels. (more…)
Sixth Central Pay Commission: Railway engineers resent anomalies
21 Oct 2008
BHUBANESWAR: The East Coast Railway Engineers Association (ECoREA) has protested anomalies in the Sixth Central Pay Commission and discriminatory attitude of the Railway administration.
The members sported black badges and took out a rally as part of the All India Railway Engineers Federation’s Protest Day observance recently. (more…)
Sixth Pay Commission: Higher wage bill weighs heavy on SAIL’s topline
23 Oct, 2008
Steel Authority of India’s (SAIL) second quarter numbers failed to impress market participants due to the poor outlook provided by the company. The stock declined by 7.1% on Wednesday against a 4.8% fall in the Sensex. (more…)