The revenue budget of the defence services is likely to go up 3.2 times in the next Budget if the recommendations of the 6th Pay Commission are accepted. On an average, the services had recommended a salary hike of up to 4.5 times. They had also sought a five-and-a-half times increase in counter-insurgency allowances. They had expected an increase of 3.8 times. The increase in salaries that has been granted is 3.2 times. Allowances, by and large, have been doubled.
Finance Minister P Chidambaram said after the revenue deficit of states had shot up to 2.79 per cent of GDP in 1999-2000, it had come down to 2.56 per cent in 2003-04.
Modi govt faces extra spending burden due to policies like 7th Pay Commission and OROP
Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.
There was widespread criticism from opposition parties and the military establishment over a letter issued on September 30 which had introduced a slab-based system
Inflation target remains 5% for January 2017.
'Our political leadership needs to grasp that there is a difference between a soldier, policeman, trained private security guard and a chowkidar, though all of them provide security.' 'The cross border raids by the army could not be taken by the Central Reserve Police Force, for sure!'
The annual expenditure on contractual manpower in 2012-13 was about Rs 300 crore.
Leader of the Opposition in the Lok Sabha Rahul Gandhi asserted that the Congress will protect the Constitution and the reservation system at all costs and foil "conspiracies" of the Bharatiya Janata Party.
All equipment from the Army which were part of the Republic Day celebrations are made-in-India, Chief of Staff Delhi Area Maj Gen Bhavnish Kumar had earlier said.
Flowers, posters and images were placed at the gates of Kensington Palace.
Modi unveiled the statue on December 4 last year on the occasion of Navy Day. He also participated in the celebrations at the fort.
The Union Cabinet on Wednesday hiked Dearness Allowance (DA) and Dearness Relief (DR) by 3 per cent to 34 per cent to compensate for the price rise, benefitting over 1.16 crore central government employees and pensioners. The additional instalment will be effective from January 1, 2022, said an official release after the Cabinet meeting. "The Union Cabinet...has given its approval to release an additional instalment of DA to central government employees and DR to pensioners w.e.f. January 1, 2022, representing an increase of 3 per cent over the existing rate of 31 per cent of the Basic Pay/Pension, to compensate for price rise," an official statement said.
All members of the Planning Commission have submitted their resignations to the Prime Minister's Office paying the way for reconstitution of the institution.
The Congress vice president wrote to Prime Minister Narendra Modi saying he was saddened at the decisions of the government taken in the last few weeks
As around 5,000 nurses went on strike from the afternoon hampering patient care services at the premier hospital, AIIMS Director Randeep Guleria in a video message termed the strike in the time of pandemic as "inappropriate and unfortunate".
Prime Minister Narendra Modi on Friday said the Agnipath scheme is an example of necessary reforms undertaken by the Army and accused the opposition of playing politics over the recruitment process aimed at keeping the average age in armed forces young.
Top golfer Gaganjeet Bhullar lodged a complaint against Emirates Airlines for delaying his bags, which he said affected his game. Jehangir Gai tells us what happened next.
The strike was supposed to affect about 23 million passengers.
Trade unions' had demanded 8.9 per cent interest rate.
General Nirmal Chander Vij, former Chief of Army Staff, wrote a letter in anguish to Prime Minister Manmohan Singh against the adverse implications of the sixth pay commission on the armed forces. The letter written on April 17, 2008, speaks volumes about the armed forces' dissatisfaction, which no government can ignore.
No headway was made on Thursday in resolving sticky issues for OROP implementation during talks between agitating ex-servicemen and government even as two more veterans on indefinite hunger strike were shifted to the army hospital following doctor's advice.
The finance minister may stagger some of the recommendations.
'Political parties are following the Divide and Rule policy to break the unity of farmers.'
With the One Rank One Pension scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is to take a final decision on granting of "organised services" status to them.
Announcing the fifth poll 'guarantee' of the Congress ahead of the May 10 assembly polls in Karnataka, party leader Rahul Gandhi on Thursday promised free travel for women in public transport buses, if it's voted to power in the state.
Salary hike is fine but govt must reduce support staff to get its math right.
Ahead of this election, the alliance between the BJP and the SKM had broken down. One reason is the fear that like Article 370, Article 371F might also be changed.
The Centre is likely to announce next month a hike in dearness allowance by 10 per cent to 100 per cent, benefiting about 50 lakh employees and 30 lakh pensioners.
It is worrisome that salaries are consuming as much expenditure as equipment.
ADB too had projected Indian's economic growth for current fiscal at 7.6 per cent
Government unlikely to bring in an ordinance to address the developments arising out of the Supreme Court order.
Rising rural distress due to back-to-back droughts have put pressure on FM to spend more on social schemes; no change in tax slabs likely
In 2019-20, Gopinathan had received a total remuneration of Rs 13.3 crore. According to TCS' annual report for 2020-21, Gopinathan received Rs 1.27 crore in salary, Rs 2.09 crore in benefits, perquisites and allowances, and Rs 17 crore in commission. TCS chief operating officer N Ganapathy Subramaniam drew a pay package of about Rs 16.1 crore in the last financial year. This includes Rs 1.21 crore in salary, Rs 1.88 crore in benefits, perquisites and allowances, and Rs 13 crore in commission.
It will benefit about 48.34 lakh central government employees and 65.26 lakh pensioners.
Pulses inflation remained stubborn at 35.56 per cent.
A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.
'The whole narrative will change from TV is dying to TV-plus-digital is the future.'