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Wednesday, October 22, 2008

Rajya Sabha

During the last 10 years (July 1998-June 2008), 1794 scientists, mainly at junior level, have resigned from Defence Research & Development Organisation (DRDO).

Sixth Central Pay Commission has recommended a number of incentives for scientists, which have been accepted and implemented by the Government. DRDO has made efforts to arrest the attrition through career enhancement by providing study leave for acquiring higher qualifications viz., PhD, MTech, etc, sponsoring scientists for attending conferences/seminars/symposia/short and long term training courses in frontier areas of research within the country and abroad, mentoring of young scientists, creating better working environment and social life in living campuses, etc. (more…)

Sixth Pay Commission: 27 graduates commissioned into military service

October 22nd, 2008

PUNE: Enhanced pay along with improved service conditions as a result of the Sixth Pay Commission were among the factors which saw all 27 nursing graduates of the 39th batch of College of Nursing (CoN) of the Armed Forces Medical College (AFMC) being commissioned into the Military Nursing Services (MNS). (more…)

Sixth Pay Commission: No cut in fuel prices: Government

New Delhi October 22, 2008

First supplementary demand for grants gets Lok Sabha nod.

The Lok Sabha today approved the central government’s first supplementary demand for grants, involving additional cash outgo of around Rs 1,05,614 crore, to meet extra liabilities arising in the ongoing fiscal year. (more…)

The company has managed not only to capture share from competitors, but also grow the market

The country’s biggest motorcycle maker Hero Honda Motors Ltd has had another spectacular quarter, with revenues growing 35.6%

and operating profit rising nearly 45% year-on-year (y-o-y).
This is a significant improvement over its market-beating performance in the quarter to June, when revenues and profit had

grown by 16% and 30%, respectively. With interest rates rising sharply and some two-wheeler loan providers such as ICICI Bank

Ltd exiting the space, one would have imagined sales to slow. (more…)

Sixth Pay Commission: Pay parity row: Ex-servicemen stage hunger strike

21 Oct 2008

NEW DELHI: Haemorrhaging under the onslaught of an ever-mounting number of officers seeking premature retirement, coupled with the sheer inability to attract bright youngsters to their fold, the armed forces continue to simmer with anger over their new revised pay scales. (more…)

Sixth Pay Commission: Short service plan to beat army crunch

New Delhi, Oct. 20: The army will recruit more officers on short service commission to overcome a shortage after the Centre accepted a proposal to restructure the officers cadre, defence minister A.K. Antony said in Parliament today. (more…)

Sixth Pay Commission: Antony blames socio-economic milieu for officer shortage

Statesman News Service

NEW DELHI, Oct. 20: The three wings of the defence forces face a shortage of 13,830 officers largely due to the socio-economic environment, the resultant change in career preferences, better employment opportunities in other sectors and tough selection procedures, the Lok Sabha was told today. (more…)

Sixth Pay Commission: Govt seeks House nod for additional expenditure

October 21, 2008

The Union government today sought Parliament approval for an additional cash outgo of Rs 1,05,613 crore to meet the extra financial liabilities expected to arise during the ongoing fiscal year. (more…)

Sixth Central Pay Commission: DRDO facing attrition problem: Defence Minister

20 Oct 2008, 2214 hrs IST, PTI

NEW DELHI: Country’s premier defence research organisation DRDO is facing the attrition problems as 785 defence scientists have resigned in the last three years.

The government has offered various incentives for scientists in the Sixth Central Pay Commission (CPC) report, the Lok Sabha was informed on Monday. (more…)

Sixth pay commission: 584 Army officers seek pre-mature retirement: Antony

New Delhi, Oct 20: As many as 584 officers from the Army have sought pre-mature retirement from services since March this year but the Government said it was not due to resentment over the sixth pay commission recommendations.

“No officer of navy, air force has sought pre-mature retirement on the ground of dissatisfaction with the Six Central Pay Commission report. However, in the Army, since March 2008, a total number of 584 officers have applied for premature retirement/resignation,” Defence Minister A K Antony said replying to a question in the Lok Sabha. (more…)