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O P Srivastava
BUREAUCRACY, POLITICS AND CORPORATE WORLD AT ONE PLACE
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Contact-suresh.mehrotra@yahoo.com>
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Noreen Naqvi to be DG Akashvani !
In all probability Noreen Naqvi will be new Director General of the
Akashvani. She is Indian Broadcasting Service officer.
Warrant of SC Judges appointment this week
The warrant of appointment of three Justices A.K. Ganguly
(Madras High Court), H.L. Dattu (Kerala) and R.M. Lodha (Patna). as
Judge of the Supreme Court is expected in a couple of days.
S.N.Thanvi to get importance in Rajasthan
As the grapevine has it S.N.Thanvi ,a Rajasthan cadre IAS
officer of the 1980 batch is going to get importance under the new regime
in Rajasthan.
Govind Sharma to get importance in Rajasthan
As the grapevine has it Govind Sharma, a Rajasthan cadre
IAS officer of the 1984 batch is going to get importance under the new
regime in Rajasthan.
B.N. Sharma to get importance in Rajasthan
As the grapevine has it Badri Narain Sharma, a Rajasthan
cadre IAS officer of the 1985 batch is going to get importance under
the new regime in Rajasthan.
Ms.Usha Sharma to get importance in Rajasthan
As the grapevine has it Ms.Usha Sharma, a Rajasthan cadre
IAS officer of the 1985 batch is going to get importance under the new
regime in Rajasthan.
A feather in the cap of Mahesh Shukla, GMT-Bhopal
A feather in the cap of Mahesh Shukla, General Manager Telecom
(GMT), Bhopal Telecom district, is being added. He is introducing "call
detail record (CDR) based" billing for one lakh landline telephone
subscribers. Bhopal Telecom district will be first to introduce the
system in India.
Justice Garg appointed President in Haryana
Justice A S Garf former Judge of the Punjab and Haryana High
Court has been appointed the president of the appellate authority in
Haryana set up under the Air (Prevention and Control of Pollution) Act,
1981.
Verghese Samuel is PS, PWD in J & K
Verghese Samuel who was earlier Joint Secretary in the Central
Government's Department of AYUSH has assumed the charge as Principal
Secretary Public Works Department(PWD)in Jammu & Kashmir Government.
He is an IAS officer of the 1976 batch who belongs to the Jammu &
Kashmir cadre.
S Sridhar poised to be new CMD,CBI
S Sridhar is poised to be new Chairman cum Managing Director(CMD)
of the Central Bank of India (CBI). At present he is CMD, National Housing
Bank (NHB).
Smita Nagraj to be JS Defence ?
Ms Smita Nagraj is likely to be appointed Joint Secretary
Defence. She is 1984 batch IAS officer of Tamil Nadu cadre.
Apurva Chandra to be Jt.Secy Petroleum
Apurva Chandra is all set to become Joint Secretary Petroleum.
He is a Maharashtra cadre IAS officer of the 1988 batch.
Renu Sharma to go to Brusells
Ms Renu Sharma is going to Brusells as Deputy Chief of Mission.
She is 1988 batch IAS officer of UT cadre.
Pandey is JS Official Languages
DK Pandey has been appointed as Joint Secretary in the Department
of Official Languages. He is 1977 batch CSS officer.
Upendra Tripathy is new JS Minority Affairs
Upendra Tripathy has been appointed Joint Secretary in the
Ministry of Minority Affairs. He is 1980 batch IAS officer of Karnataka
cadre.
( We said this on October 21 )
Decision of UGC Pay-scales on Thursday
A decision regarding revised UGC pay scales would be taken at the Union
Cabinet meeting scheduled for December 11.
Justice Birbal appointed Judge of Delhi HC
Ms Justice Veena Birbal, Additional Judge of the Delhi High
Court, has been appointed Judge of the Delhi High Court with effect
from the date she assumes charge of her office.
Pay Commission report to be submitted this
month in Meghalaya
Fourth Pay Commission report headed by KK Sinha will submit
its report in Meghalaya this month.
Maj Gen Taskar appointed JAG
Maj Gen A V Taskar has been appointed as the new Judge Advocate General
(JAG).
Shetty appointed Ambassador to Sweden
Balkrishna Shetty, currently Ambassador of India in
Bahrain, has been appointed as the next Ambassador of India to Sweden.
CORPORATE
S.N.Singh is MD,SAIL's Rourkela plant
Shesh Narayna Singh has assumed charge as the Managing Director
of Rourkela Steel Plant (RSP) of Steel Authority of India Limited (SAIL).
Prior to this he was Executive Director (Works) at Durgapur Steel Plant,
SAIL.Singh completed his B.Sc (Engg.) in Mechanical from Kanpur University
and joined RSP in 1972 as a Junior Engineer. Over the next 30 years,
he had a successful stint in various areas of operation like Heavy Maintenance
and Capital Repairs at Bokaro Steel Plant, before being transferred
to Corporate Office as Additional Director in IISCO cell in the year
2002. In July 2004 he was posted as General Manager (Mechanical) at
Bokaro Steel Plant, where he later headed the Mechanical zone. Soon
after, Singh was made GM Incharge of Iron and Steel zone. In October
2006 he was promoted and posted as ED (MM), Bhilai Steel Plant. In November
2007 he was posted as ED (Works) in DSP.Singh has an IIIE degree from
Indian Institute of Industrial Engineering and is also a Fellow of the
Institute of Engineers. He has undergone extensive training in USSR
and Australia on various aspects of Blast Furnace Capital Repairs and
installation of Bell-less top. He has visited Italy, France and Switzerland
as part of the Advance Management Program, arranged by Administrative
Staff College of India (ASCI). A brilliant technocrat, Singh was instrumental
in the installation of 24 tuyeres in place of 20 tuyeres in Blast Furnace
5 of Bokaro Steel Plant, for the first time in the country. He planned
and executed over 20 capital repairs, relining of Blast Furnaces and
also provided help during BF Repairs of Durgapur, Bhilai and Rourkela
Steel Plants.Singh contributed significantly in implementation of revival
package of IISCO. The strategies adopted by him had contributed significantly
in the turnaround of IISCO.
Interviews in SBI delayed
As the grapevine has it, interviews in State Bank of India(SBI)
for promotion from Chief General Manager (CGM) to Deputy Managing Director
(DMD) have been delayed. The delay is being attributed to non availability
of a representative from the Government of India (GOI).
LIC launches "Jeevan Aastha"
LIC launches "Jeevan Aastha" - a single premium product with
guaranteed benefits on maturity & death.
Stock market volatility over the last few months has spurred the average
investor to go on the look-out for a product that not only offers complete
protection for his Capital but also offers a reasonable rate of return.
LIC has always kept the needs of its customers in prime focus and brought
out innovative products from time to time. Our latest offering in the
turbulent times is "Jeevan Aastha" which is a single premium
product with guaranteed benefits on Maturity & Death.
The plan is close-ended with maximum shelf life of 45 days from the
date of its launch, viz., 08.12.2008. Keeping the people's preference
for short term investment options in view, plan offers a choice of two
terms i.e., 5 years and 10 years only.
Minimum age at entry has been kept as low as 13 years to enable parents
to make provision for higher education of their children. Similarly,
the maximum age at entry has been pegged at 60 years to enable those
who wish to protect their hand-earned savings from the vagaries of an
unstable market and also to ensure guaranteed returns for their twilight
years.
The plan offers guaranteed addition of Rs. 100/- p.a. for every thousand
of Maturity Sum Assured for 10 years term and similarly Rs. 90/- p.a.
for policies with 5 years term.
The policy-holder can enjoy risk coverage equal to Basic Sum Assured
which would be the 6 times of the Maturity Sum Assured plus Guaranteed
Additions in the first policy year. In case of death after the first
policy year, double the Maturity Sum Assured along with Guaranteed Addition
would be payable. However, for death during the last policy year, twice
the Maturity Sum Assured along with Guaranteed Additions and Loyalty
Addition, if any, would be paid to the nominees. The Minimum risk coverage
for the 1st year i.e., the Basic Sum Assured that can be availed of
is Rs. 1.50 lacs. However, there is no upper limit to it.
On completion of the Policy Term, the Maturity Sum Assured along with
the Guaranteed Addition and Loyalty Additions, if any, will be payable.
Loyalty additions will depend on the Corporation's experience and is
not guaranteed.
The premium paid under the policy and the Maturity proceeds enjoy tax
exemptions as per the applicable provisions of the Income Tax laws.
After completion of one policy year, the policyholder has the option
of raising loan under the policy. The policy can be assigned, too.
All these features, make 'Jeevan Aastha' an ideal plan for the investors
of all hues in the current environment. The Plan No. is 195 and its
Unique Identification Number is 512N252V01.
Bonus : The results of valuation as at 31.03.2008 have been announced.
The result show that the Corporation has 23.39 crore for in force policies
in its books. The Reversionary Bonus level has been maintained at the
last year's level. However, the Final Additional Bonus has been increased
ranging from 11% to 40% for terms spanning between 20 years and 40 years.
The amount distributed to the Policyholders by way of bonuses is Rs.
18,885.40 crores as against Rs. 17,231.30 crores of last year showing
an increase of 9.6%.
The dividend paid to the Government this year is Rs. 827.93 crores as
against Rs. 756.36 in the previous year.
The Corporation has provided for 152% of the prescribed Solvency margin
as against the stipulated 150%.
Prakash Sangam is VP, Naukri.com
Prakash Sangam, who was earlier General Manager with Airtel,
has reportedly joined the Naukri.com as Vice President.
Aaj
Ki Aawaz
Yeh joh Public hai yeh sabh jaanthi hai!!!!
Parr humaari Political establishment yeh nahi maanti hai!!!
In State elections local issues take centre stage!!!
Center and State elections are not on the same page!!!
In Delhi seems BJP's choice for CM was wrong!!!
Jaitley would have made BJP's electoral pitch strong!!!!
Aptly said
In Delhi BJP offered to cure an illness with expired
medicine,
And choosing Malhothra in my opinion was an electoral sin!!!
Kudos to Shiela Dixit
.. but High Command will now be suspicious!!!
Now when it comes to Shiela High Command will be cautious!!!
In due course Sheila should expect a revolt within Delhi Congress!!!!
And the button for the revolt High Command will tacitly press!!!
In Congress no Leader can be taller than High Command!!
So to reduce Sheila's 'height' High Command will issue the command!!!
Congress stunts the height of Leaders who are growing by fomenting a
revolt!!!
Such Leaders are stricken with revolt ka bolt!!!
Sheila in all probability will not complete her third term!!!!
Into CM's kursi in about two year a Shiela detractor (old or new) will
worm!!!
In Rajasthan the result was known that BJP would pay!!!
By the electorate Vasundhara would be shown bahar ka way!!!
The writing was clear on the wall!!!!
That Vasundhra would trip and fall!!
Its true that Congress did not win
it was Vasundhara's loss!!!
With her even most of the Rajasthan BJP stalwarts were cross!!!
In MP and Chattisgarh BJP's retained power and bucked the anti incumbency
trend!!!
And back to power Public ne kiya BJP ko send!!!
BJP faced anti incumbency in 3 States and Congress faced this in just
one!!!!
So by retaining 2 States not that badly BJP's done!!!
No doubt in these elections its advantage Congress!!!!
After these elections Sonia's eyes will twitch lesser as she'll be in
lesser stress!!
In these elections there is no doubt that BJP had the most at stake!!!!
Loss in Delhi and Rajashtan are an alarm for BJP
awake!!!!!
Isn't it worrying that a hoax call can cause a war
. should actually
shock!!!!
On this the World needs to take stock!!!
The World needs to worry about Pakistan 's Nuclear capability!!!!
To misuse this Pakistan has shown it has the ability!!!
ISI's ex Chief Hamid Gul is using Banerjee Samjautha Report to fib and
fob!!
He says this report gave clean chit to ISI and even Mumbai was an inside
or local job!!
For power Laloo can do anything ..... can fall to any level for political
gain!!!
Laloo is without a doubt one India's biggest pain!!!
Haryana's Deputy CM has converted to Islam to marry a second time!!!!
Had he not done so a second marriage would have been a crime!!!
Hooda's sent Chandra Mohan packing!!!
From Deputy CM's post ho gayi hai Chandra Mohan ki sacking!!!!
Like in the US the stimulus package in India has been described as too
late and too less!!
And we need to worry as what the Government giveth it taketh via taxes
and cess!!!
There can be free lunches for the rich but no free lunches for the common
man!!!!
Industry ka toh hai yeh Sarkaar fan!!!!
Back to the elections
Sonia and Rahul have reason to celebrate!!!!
One of the best festive season's they've had of late!!!
10 Janpath Sonia will glow!!!
And eggnog will flow!!!
BJP must be happy too and with a chaat Party BJP will celebrate!!!
Satisfactory outcome the results BJP will rate!!!
Confucius says
now its clear election will be held on time,
Congress's hope will be let's try to wash off some of the accumulated
grime!!!!
Bharat Kumar
Forum
Retirement Age
Instead of different retirement age suggested on the basis of pay bands,
the country should also consider the youth waiting in line for jobs
particularly after the slump in private sector. The retirement age should
be reduced to 58 so that the youth of India gets a chance and young
talent is attracted to Government sector jobs.
Pradeep Ratnparkhi
Supersede the circular
I would like to mention that GOI, Ministry of Finanace, should supersede
the circular dated 10.11.2008 regarding LTC as circular dated 4.12.2008
should take care of all perspective cases.
Nirmala Verma
Child Care Leave
The grief of working women is that the Sixth Pay Commission had
introduced Child Care Leave to all women employees whose children were
below 18 years of age for a period of 2 years. It was clearly mentioned
that this leave would in no way be debited from any account and that
any women employee whose 2 surviving children were below 18 years, could
avail this leave (with pay) for rearing, sickness or for examination
of the child. An order to this effect was taken out by the DOPT on 11th
September 2008. Another order came from DOPT dt 28th September 2008,
giving a clarification as to how the CCL account of the women employee
would be maintained and placed in the service book. Then all of a sudden
DOPT took out an order dated 18th November 2008 that no women employee
could take CCL if she has Earned Leave in her account, as most women
employees have gone on CCL which is hampering official work. DOPT again
issued an order that those women employees who had already gone on CCL
before 18th November 2008, would be granted CCL for that period. Very
briefly I would like to place certain facts:
1. Why in the first instance, CCL was granted for such a long period
by the higher authorities. That could have been refused due to administrative
inconvenience.
2. The last order dated 2nd December is a bonanza certificate to those
women employees who are in a habit of taking leave frequently as they'll
be the ones who would further be gifted CCL. Those who were waiting
for the opportune moment, have been severely punished.
3. Then, why such a harsh decision? There could have been other ways
out. Why not formulation of a Committee to look into the pros and cons
of the situation.
4. What if a women employee exhausts all her EL? After that, if she
needs leave for some other reasons, should she take it on the pretext
of taking CCL?
5. Why not dividing the tenure of CCL between both the parents (according
to their convenience) as both the parents share equal responsibility
and duty towards their children.
6. This might lead to increased absenteeism. Women would now take more
leave and try to exhaust their Earned Leave in order to avail the facility
of CCL.
There could have been various ways to curtail misuse of CCL. Some time
limit could have been fixed for which an employee could apply for CCL,
of course, with the approval of the competitive authority. With this
decision of the DOPT, some genuine people have been severely punished
and deprived of this facility, for no fault of theirs.
Vandana
Crying hoarse for protection
The industrialists who till the other day were reaping the benefits
of boom and asking the government not to interfere in business matters
are now crying hoarse for protection! They want everything for their
benefit. Never mind that common man is suffering erosion of his income
from savings, and lower interest rates will affect him more now. They
issued IPOs at exorbitant prices, and now probably want loans at zero
interest and waiver from capital repayment, should their indiscriminate
capital expenses not give returns! They have no hesitation in demanding
transfer of land at less than market price from farmers to them through
Land Acquision Act, which was framed in 1896 for public purposes like
roads, irrigation etc. Well how about a Company Acquisition Act to enable
govt to take over promoter shares at a predetermined price for distribution
to aam aadmi, to enable ordinary citizens to increase their income!
Will it be acceptable!
The need now is to increase income of ordinary people by public spending
on infrastructure, which is sought to be done now . The CRR,REPO ,SLR
and reverse repo rate reduction cannot in itself create demand just
by lowering interest rates, as it will reduce the ordinary people's
interest income from savings, which will further reduce demand. The
fiscal measures of reducing indirect taxes will ofcourse be of help.
The need is also to reintroduce standard deduction and 80L benefits
to enable all employees specially mid income ones to have increased
income. Our economic pundits had ensured that while HNIs and speculators
did not pay taxes on dividend and capital gains, the ordinary employees
were squeezed to the maximum by withdrawing all earlier benefits. A
reversal of these anti employee policies will go a long way in creating
additional demands, which will ultimately benefit the manufacturing
and all other sectors! a win-win situation for all!
S Chatterjee
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