-PTI Demonetisation of high denomination currency notes like Rs 1,000 and Rs 500 may not help curb black money which is largely held in the form of benami properties, bullion and jewellery, a Finance Ministry report says. "One common demand from the public is that high denomination currency notes, particularly Rs 1,000 and Rs 500, should be demonetised", says a committee headed by the CBDT chairman in its report to the Finance...
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Nine of ten, unemployable
-The Business Standard No movement yet on quality control in higher education The state of professional higher education in India is abysmal. Consider engineering. All told, there are 1.5 million engineering seats in the country. Almost a third of these are unfilled, so about a million engineers are produced every year. Yet, barely 10 per cent of them are readily employable. About a quarter don’t know enough English to make sense...
More »Eye on polls: Minimum PF pension of Rs 1,000 a month likely-Vikas Dhoot
-The Economic Times Nearly 6 crore formal sector employees could look forward to retiring with a minimum pension of Rs 1,000 a month, in addition to their provident fund savings, if the finance ministry green signals a labour ministry proposal to increase the pension of PF subscribers. At present, most provident fund subscribers receive less than Rs 500 a month as pension after decades of service, with some getting as low as...
More »Himachalis Rich But State Under Debt
-PTI The bank deposits of Himachalis stood at about Rs 50,000 crore but the state is under huge debt, according to a state Finance Ministry official. The percentage of people keen on increasing their savings was 75 per cent in the state while it was 33 per cent in the country, the official said. The increase in income of farmers from horticulture, off season vegetables, milk, animal husbandry and poly houses and fat...
More »TB services hit in Manipur as contract employees go on strike-Iboyaima Laithangbam
-The Hindu They are protesting salary deduction Malaria and TB treatment is seriously affected in Manipur following a strike by contractual employees. The worst hit are the Directly Observed Treatment Short Course, the Revised National Tuberculosis Control Programme (RNTCP) and sputum microscopy programmes. T. Lenindro, general secretary of the All Manipur RNTCP Contractual Workers’ Welfare Union, toldThe Hindu that though the contractual appointment of 116 employees of the RNTCP from March 2012 to...
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