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...
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Looting of MGNREGS funds amounts to crime against the poor, says Sonia by K Balchand
-The Hindu Congress president, Prime Minister call for timely payment of wages Congress president Sonia Gandhi on Thursday brought up the alleged embezzlement of funds meant for the Mahatma Gandhi National Rural Employment Guarantee Scheme — an issue that has put the Mayawati government in the dock — at a function commemorating the completion of six years of the job entitlement scheme. Holding the State governments responsible for the shortcomings, Prime Minister Manmohan...
More »Bengal will cancel trade union rights of state Staff
-The Indian Express The West Bengal government announced Tuesday that it had decided to withdraw the trade union rights of its employees. The announcement, made at the secretariat by the labour minister, triggered outrage among state government Staff. Minister Purnendu Bose said the government would withdraw a clause in the service rules, introduced by the LF government in 1981, giving full trade union rights to state government Staff. Withdrawal of the amendment will...
More »TB cases in Mumbai: Central team makes blueprint
-PTI A team of doctors deputed by the union ministry of health and family welfare has come up with a blueprint to curb TB cases in Mumbai, a top municipal official in Mumbai said. "The pilot project will be adopted across the country after it succeeds in Mumbai," additional municipal commissioner Manisha Mhaiskar said. The project, to be carried out under Revised National Tuberculosis Control Programme, would be integrated with the basic public health...
More »NHRC orders U.P. to provide relief to maltreated prisoners by J Balaji
Taking a serious view of an incident last year in which three inmates at a district jail in Bhadoi, Uttar Pradesh, were hung by the legs and beaten up severely, the National Human Rights Commission (NHRC) has directed the State government to provide relief of Rs.25,000 to each of Suresh alias Suraj, Rajkumar alias Chhotu and Raj Bahadur Yadav and the commission asked the State Chief Secretary to send the...
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