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Monday, April 6, 2015

Pay Commission be designated as ‘Pay and Productivity Commission': 14th Finance Commission

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“We recommend the linking of pay with productivity, with a simultaneous focus on technology, skill and incentives. We recommend that Pay Commissions be designated as ‘Pay and Productivity Commissions’, with a clear mandate to recommend measures to improve ‘productivity of an employee’, in conjunction...
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Postal Department Incurs Loss of Rs. 7 a Postcard, Rs. 5 Inland Letter

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New Delhi: The Department of Posts is incurring a loss of over Rs. 7 per postcard and about Rs. 5 per inland letter as the revenue earned is far lower than the actual cost. As per the 2013-14 figures of the Department of Posts (DoP), the average cost of a postcard is 753.37 paise while the revenue is 50 paise, whereas for inland letter the cost is 748.39 paise and the revenue earned is 250 paise. Most...
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Saturday, April 4, 2015

How NREGS' very essence has become its biggest challenge

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NEW DELHI: Guarantee' and 'employment' - the very two words that brought sheen to NREGS for many years - have become the biggest challenge to one of the most ambitious pro-poor schemes in the world, making it jaded, unreliable and almost futile in many places.  Even as UPA's pet scheme enters...
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Passing IRDAI prescribed exam must to become insurance agent

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NEW DELHI: Insurance sector regulator IRDAI has made passing an examination based on its syllabus a must for becoming an insurance agent.  "An applicant shall pass in the Insurance Agency Examination conducted by the Examination Body in the subjects of Life, General, and Health Insurance as the case may be, as per the syllabus prescribed by the Authority to be eligible for appointment as an...
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University Grants Commission launches 'One Student, One Tree' campaign

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NEW DELHI: In a bid to increase green cover on university and college campuses, the University Grants Commission (UGC) has launched 'One Student, One Tree' campaign asking every student to plant a sapling during his/her stay in an institution.  Under the initiative, UGC has directed vice-chancellors of universities to provide free saplings for plantation to the students.  A student will...
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KARNATAKA State gets postal ATM

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Union Minister of Communications and IT Ravi Shankar Prasad on Thursday inaugurated a slew of new initiatives of Karnataka Postal Circle, including the State’s first postal ATM at the General Post Office here.The Minister, who called upon the postal staff to utilise the vast network of post offices...
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