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No proposal to reduce the retirement age from 60 to 58 years: Centre

Dec 18, 2014

No proposal to reduce the retirement age from 60 to 58 years: Centre

There is no proposal to reduce the retirement age of employees from 60 to 58 years, the Centre said on Thursday. #India #TheySaidIt #Employment #Wages #PSU #Centre #Jitendra Singh #Employees #Retirement age
Govt to revive 5 ailing PSUs; plans VRS for employees of other units

Sep 25, 2014

Govt to revive 5 ailing PSUs; plans VRS for employees of other units

The government today said it has begun the process of reviving five ailing PSUs and is working on one-time settlement involving voluntary retirement scheme entailing a cost of Rs 1,000 crore for employees of six state-run units not capable of revival. #PSU #Voluntary Retirement Scheme #HMT #sick PSUs
CAG exceeded audit brief; used hindsight to question decision, says RIL

Sep 14, 2014

CAG exceeded audit brief; used hindsight to question decision, says RIL

RIL stated that use of hindsight to question project efficiencies and procurements "could be easily perceived as a performance audit which obviously was not the stated intent of Audit." #India #CAG #oil #Petrol #KG-D6 #IOC #RIL #BPCL #HPCL #refining #PSU #import #Customs
UPSC row Will Hindi-heartland politics now let students set question papers?

Aug 06, 2014

UPSC row Will Hindi-heartland politics now let students set question papers?

Without entering into a serious dialogue with other stakeholders such as political parties from non-Hindi states, when the government said the marks for English will not be graded, what it has done was effectively diluting the autonomy of a constitutional institution such as the UPSC. #WhatNext #PSU #Modi government #CSAT #UPSC row #Hindi belt
Govt may have to cut PSU bank stake below 51%: Jaitley should read Sinha's 2000 budget speech

Aug 05, 2014

Govt may have to cut PSU bank stake below 51%: Jaitley should read Sinha's 2000 budget speech

The government simply does not have the resources to recapitalise public sector banks to comply with Basel III norms. It will be forced to bring government stakes below 51 percent #SBI #Arun Jaitley #Yashwant Sinha #PSU Bank Stakes #Ban recapitalisation