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Showing posts from February, 2013

Business Line : Industry & Economy / Banking : Rollout of New Pension Scheme in SBI challenged

Business Line : Industry & Economy / Banking : Rollout of New Pension Scheme in SBI challenged While the Hon’ble court will go into the merits of the prayer limited to application of NPS to employees joining SBI on or after August 1, 2010, it would be prudent for GOI and employees in government (including state governments), public sector organisations and statutory bodies who have been brought under NPS from various dates from January1, 2004 to revisit the pros and cons of introduction of NPS without waiting for the court verdict. Issues like the legality of commitment taken by IBA from employees’ organisations on introduction of NPS to a category of employees yet to join service and the enforceability of 9th bipartite wage settlement on SBI employees joining service long after the settlement should be gone into by the stakeholders, independent of the present court case. These are matters affecting the legal validity of introduction of NPS by government and various other organ

budget highlight - Moneylife

budget highlight - Moneylife Brief, but an exhaustive coverage by Moneylife.in

Forbes India Magazine - The Jaipur Foot's Standing Dilemma

Forbes India Magazine - The Jaipur Foot's Standing Dilemma FM will be making several announcements touching lives of 1.2 billion people today. This organisation provides support to about 60,000 humans every year who need limbs to stand up again. The person behind this effort wants to continue this organisation to do this free and needs some support. A small one time grant from GOI can help him live his dream.

Business Line : Industry & Economy / Economy : Economic Survey says subsidies must be slashed

Business Line : Industry & Economy / Economy : Economic Survey says subsidies must be slashed

Economic Survey paints a cautiously optimistic picture, says Nomura - Moneylife

Economic Survey paints a cautiously optimistic picture, says Nomura - Moneylife

Letters: An innovative Budget | Business Standard

Letters: An innovative Budget | Business Standard (i)                  According to one assessment, a ten per cent surcharge on the tax payable by taxpayers who report an annual income of more than Rs 1 million will fetch about Rs 110 billion in a full financial year. A reasonable surcharge on tax payable by this category should be considered.

The Hindu : NATIONAL / KERALA : A fine basketball star leaves the scene

The Hindu : NATIONAL / KERALA : A fine basketball star leaves the scene Prayers

The Hindu : Opinion / Editorial : Don’t lower your guard#.USq0kiMixNE.blogger

The Hindu : Opinion / Editorial : Don’t lower your guard#.USq0kiMixNE.blogger Ideal situation in which regulators and supervisors can function with autonomy within the legislative mandate does not exist today. GOI through Finance Ministry has been pulling and pushing RBI ever since the idea of new bank licenses got momentum a couple of years back. RBI had limited options. One, rush through the formalities and give half a dozen bank licenses to those who could ‘manage’ them in the given dispensation. Two, go through some semblance of rational procedures and buy some time when the central bank could convince GOI about the dangers in giving banks to ‘manipulators’. Three, convince GOI that financial sector reforms and consolidation/overhaul of existing banks was a priority and there was no immediate purposes that will be served by allowing new banks. Now, it seems RBI is going for a fourth option, namely, accept applications from all, give licenses to some under pressure, some others who

M G Warrier's My Page, February 2013

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M G Warrier’s My Page A monthly bulletin from M G Warrier incorporating select published letters/articles (and some stray thoughts based on what he read/saw and wrote during the month). Mailed during the fourth week of every month. Please send your responses and views to mgwarrier@rediffmail.com Vol III, No 2, February 2013 M G Warrier, MLR-116-B, Mangalam Lane , SASTAMANGALAM-695010 (9349319479) Dear Reader  My Page is also being posted on Warrier’s Blog at mgwarrier.blogspot.com Links to articles and important comments are posted at the blog as and when they are published. Those esteemed readers who have difficulty in accessing blog can contact mgwarrier@rediffmail.com Regards M G Warrier M G Warrier February , 2013 The following articles were published during December, 2012-February, 2013 (Till February 20 , 2013) Budget 2013-14, February 2013, Warrier’s Blog Need to institutionalize behaviour or service audit, February 2013