-The Telegraph Non-performing babus can lose their jobs after 15 years — instead of 30 now — following a change in rules by the Centre. All officers of the All India Services, which include the Indian Administrative Service, Indian Police Service, Indian Foreign Service and the Indian Revenue Service among others, will be covered by the rules notified last week by the department of personnel and training after consultation with the states. Under...
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Antrix-Devas deal cancelled for national security: V. Narayanasamy
-IANS The central government cancelled the Antrix Corporation-Devas Multimedia deal for reasons of national security and not for purported loss of revenue in sale of spectrum, Minister of State in the Prime Minister's Office V. Narayanasamy has said. He also said the government was not discriminating between space scientists and Indian Administrative Service (IAS) officials and, based on their culpability, punitive action would be taken against the latter too. "We did not cancel...
More »Rainy Days by Arti Sharma
Central Pension plan NPS finally gets a boost The ‘New’ NPS Measure: Improve incentives for distributors. Has been recently implemented. Impact: Was required. But won’t be enough, need consumer education to build volumes. Proposal: Increase fund management fees with an option to lower later. Impact: Under consideration. But finance ministry unhappy with increase in costs. Proposal: Relax the norms to appoint more fund managers to increase distribution. Impact: Unlikely. At...
More »UID as User’s ID by Ila Patnaik
The government appears to be working towards an amicable solution on the question of who can collect biometric information data for the Indian population. There has been disagreement about whether this will be done by the UIDAI headed by Nandan Nilekani, or the National Population Register headed by Home Minister P. Chidambaram. It now seems that both may continue to collect data but share its use. When any country sets about...
More »Eye on shorter list, Bengal for fresh BPL survey by Pranesh Sarkar
The cash-strapped Bengal government has persuaded the Centre to conduct a fresh survey of the below poverty line (BPL) population in the state. Panchayat and rural development minister Subrata Mukherjee had tossed up the proposal at a meeting with his central counterpart Jairam Ramesh at Budge Budge yesterday. “Poverty estimates by the Centre and the state are markedly different…. So we decided to run a check on whether the Left Front government...
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