Get your clock at CompleteMyspace.com
Today daccan chronical ...31-05-2011
Mamata has taken a good and unique step in her day to day life .Wheather such policy would be adapted by all political party and politician?
Tuesday, May 31, 2011
Saturday, May 28, 2011
RBI asks banks to reimburse failed ATM transactions in 7 days
"The time limit for resolution of customer complaints by the issuing banks shall stand reduced from 12 working days to seven working days from the date of receipt of customer complaint," the RBI said in a notification.
Failure to re-credit the amount within seven working days will require the issuing bank to pay a compensation of Rs 100 per day, it said.
Earlier, banks were required to reimburse customers for amounts wrongfully debited from their accounts in failed ATM transactions within 12 days.
The RBI further said that all customers are entitled to receive such compensation for delays only if a claim is lodged with the issuing bank within 30 days of the date of transaction.
The directive shall be come into effect from 1st July, 2011.
The central bank instructed the issuing bank and the acquiring bank to settle failed ATM transaction disputes through the ATM system provider only.
"No bilateral settlement arrangement outside the dispute resolution mechanism available with the system provided is possible," RBI said.
This measure is intended to reduce instances of disputes in payment of compensation between the issuing and acquiring banks, it added.
SOURCE-PTI.
Friday, May 27, 2011
Extending Concession to Orthopaedically Handicapped/Paraplegic Persons in Rajdhani and Shatabdi Trains
The New Facility to be Effective from 1st June, 2011
Ministry of Railways has issued a notification for extending the concession in Rail fares admissible to Orthopaedically/paraplegic persons in Rajdhani/Shatadbi trains also. This comes as a follow up to the announcement made in Railways Minister’s Budget speech for 2011-12 on 25th February, 2011.
Accordingly, Orthopaedically handicapped/paraplegic persons who cannot travel without the assistance of escort are eligible for 25 per cent concession in 3-AC & AC Chair Car in all inclusive fares of Rajdhani and Shatabdi trains. The same concession will also be admissible to one escort accompanying the concerned handicapped person.
There is no change in other terms and conditions.
The concession will be effective on tickets purchased on or after 01.06.2011. In case of tickets already issued for travel on & after 01.06.2011 refund or difference of fares will not be admissible.
Wednesday, May 25, 2011
Grant of Extension of service of Scientists beyond the age of superannuation
Get your clock at CompleteMyspace.com
No.26012/8/2011-Estt. (A)
Government of India
Ministry of Personnel, Public Grievances and Pensions
(Department of Personnel and Training)
North Block, New Delhi,
Dated the 16th May, 2011
OFFICE MEMORANDUM
Subject: Grant of Extension of service of Scientists beyond the age of superannuation - Issue of instructions regarding.
The undersigned is directed to refer to Department of Personnel & Taining O.M. No.26012/6/2002-Estt.(A) dated 9.12.2002 (copy enclosed) on the subject mentioned above laying down the criteria for considering cases of extension of service of Scientists in terms of proviso to FR 56(d) and to state that the guidelines for extension of service of eminent scientists of international stature beyond 62 years have been further reviewed as a need has been felt for a rigorous Peer gruop screening by an inter disciplinary Committee of experts.
2. Departmental Peer Review Committee (DPRCs) headed by the Secretary of the Scientific Departments are constituted by the DOP&T with the approval of Prime Minister for a term of 2 years to consider the cases of extenstion of service of scientists beyond 60 years and upto 62 years.
3. It has now been decided with the approval of Prime Minister that the existing/reconstituted Departmental Peer Review Committee shall also do the first stage secreening of Scientists for their entension beyond 62 years of age and thereafter the DPRCs' recommendations will be placed before the Committee under the Cabinet Secretary provided that the DPRCs' have atleast two outside experts aprt from Secretary(Personnel & Training). The DPRCs must give detailed justification for such extension based on merits of the case, the international stature of the person recommended and also indicate whether this will block promotion opportunities of others in the Department. Such recommendations of the DPRCs for extension of service of Scientists beyond 62 years will be sent ot the Establishment Division of the Department of Personnel & Training for placing the cases before the Committee under Cabinet Secretary. Only such cases recommended by the Committee under Cabinet Secretary will be processed further for approval of ACC through the office of the Establishment Officer. Cases of extension of service of Scientists beyond 60 years and up to 62 years recommended by DPRC will continue to be sent directly to the office of Establishment Officer in DOP&T as at present.
4. All proposals for extension of service of Scientists beyond 62 years in terms of the 3rd proviso to FR 56(d) may, therefore, be processed keeping in view the above guidelines in addition to the cretieria stipulated in the OM dated 9.12.1220.
(P.Prabhakaran)
Director (E)
Source document from : www.persmin.gov.in
Tuesday, May 24, 2011
Govt trashes proposal to increase babus’ retirement age
Get your clock at CompleteMyspace.com
A government committee has rejected a proposal to increase the retirement age of government servants from 60 to 62. The decision is likely to impact over one lakh central government employees and 50,000 defense personnel on the verge of retirement. The proposal — which could have meant saving Rs4,000 crore in this fiscal — was rejected as the government wants a younger bureaucracy.
The fraud complaint
The HRD ministry and sections of the academic community were temporarily preoccupied with a complaint the government received from a body claiming to represent SC/ST employees at the University Grants Commission (UGC) , alleging discrimination by Commission chairman Ved Prakash. But the complaint, it has now been discovered, was fake. The body that sent it doesn’t exist, the UGC’s SC/ST employees’ association has certified. The sender also refused to divulge his identity to the government. A case of attempted malice against the Chairman?
Academics compete with netas for that ‘one more chance’
Politicians, it appears, aren’t alone in keeping their ambitions intact with age. IIT Directors, too, love second terms — even though some believe that a proper reading of the IIT Act — that governs the Institutes — does not allow repeats. After MS Ananth (second term at IIT Madras), Sanjay Dhande (second term at IIT Kanpur) and Gautam Barua (second term at IIT Guwahati), it is the turn of IIT Delhi Director Surendra Prasad to pitch for a second term. The qualification requirements for the post state that applicants should preferably be aged below 60. Prasad — caretaker director at present — is over 60. But that has not stopped him from applying for a second term.
The case of the missing file
After a file on the Cabinet decision of 1991 — regarding government accounts — went missing, neither the Cabinet Secretariat nor the Finance Ministry — which mooted the proposal — had any clue. Eventually, the Central Information Commission had to intervene and ask the government to locate the file and provide the requisite information to the RTI applicant.
Source: The Hindustan Times
Saturday, May 21, 2011
Get your clock at CompleteMyspace.com
20-05-2011 of a history for two women of India...one enjoyed and another cried in wealth fame in Tihar jail .
Wednesday, May 11, 2011
Central govt employees’ retirement age to be extended from 60 to 62 years
Get your clock at CompleteMyspace.com
The government is planning to extend the retirement age of all central government employees by two years from the current 60 to 62 years. Sources said that an in-principle decision has been taken in this regard and the department of personnel and training (DoPT) has begun the work to implement the same. A formal announcement to this effect is expected this year itself.
The last time the government extended the retirement age of central government employees was in 1998. It was also a two-year extension from 58. This was preceded by the implementation of the 5th Pay Commission, which had put severe strain on government’s finances. Subsequently, all state governments followed the Centre’s policy by extending the retirement age by two years. Public sector undertakings followed suit too.
The decision to extend the retirement age is well-timed both politically and economically.
The UPA government reckons the move would be a masterstroke. At a time when it is buffeted by several corruption cases, it is felt that the extension of the retirement age will go down well with the middle classes. Economically also, the move makes sense because by deferring payment of lump sum retirement benefits for a large number of employees by two years, the government would be able to manage its finances better.“An in-principle decision has been taken to increase the retirement age by two years within this year itself. This would reduce the burden on the fisc from one-time payment of retirement benefits for employees including defence and railways personnel,” an official involved in the discussion said. With the fiscal consolidation high on the government's agenda, this deferment would come handy.
There’s some flip side too if the retirement age is extended by two years. Those officials empanelled as secretaries and joint secretaries would have to wait.longer to actually get the posts. And of course, there is the issue of average age profile of the civil servants being turning north.
It is also felt that any extension is not being fair with a bulk of people who still look for jobs in the government.
However, officials point out that at least it prevents an influential section of the bureaucracy to hanker for post-retirement jobs with the government like chairmanship of regulatory bodies or tribunals.
“As it is, a sizeable section of senior civil servants work for three to five years after the retirement in some capacity or the other in the government,” said a senior government official. The retirement age of college teachers and judges are also beyond 60.
As per a study, the future pension outgo for the existing Central and State government employees is estimated at a staggering R1,735,527 crore or 55.88% of GDP at market..
source:The Financial Express
Friday, May 6, 2011
Monday, May 2, 2011
Get your clock at CompleteMyspace.com
Subscribe to:
Posts (Atom)