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dpr-lahore-division · 3 years ago

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RS. 5.5 BILLION PRISON PACKAGE TO REFORM THE JAIL SYSTEM: USMAN BUZDAR

With the compliments of, The Directorate General Public Relations,

Government of the Punjab, Lahore Ph: 99201390.

No.1800/QU/Mujahid

HANDOUT (A)

LAHORE, October 22:

The Rs.5.5 billion prison package would introduce important reforms in jails to revamp the 127 years old jail system.

In a statement issued on Friday, Chief Minister Punjab Sardar Usman Buzdar said the government was paying attention to reforming the prisoners as useful organ of the society. While giving details of the prison package, the CM added that gaysers were being installed in jails and the inmates would be allowed to keep mattresses, blankets and pillows. Similarly, air coolers, exhaust fans, lights and additional fans would also be fitted to provide a conducive atmosphere to the prisoners. Alongside, recreational and educational facilities, as well as daycare centres, would be provided to women detainees and their children of up to six years of age. Meanwhile, protection of rights of juvenile offenders would be ensured and no one will be allowed to exploit them, he continued.

The CM announced that medical camps would be set up every month in jails for prisoners' medical check-up. The government has changed the lunch and dinner timings, he appended. It is sanguine that different ceremonies were held in jails in connection with Ashra Shan-e-Rehmatul-Lil-Alameen (PBUH) and prizes were distributed among the position holders. The CM pointed out that the service structure of jails staff was being improved and added that prison security allowance, equal to one additional basic pay, will be given to jail staff along with salaries and allowances. Some Rs.2.77 billion would be spent on this package, he told and added that permission has been granted to upgrade the posts of jail warden, head warden and chief warden with an amount of Rs.9.24 crore. Rs.10.64 crores will be spent to provide 21 operational vehicles to prisons department, he added.

The Punjab government has upgraded the jail martyrs package and the children of martyrs of Punjab Prison Service will be given government employment, he informed. Meanwhile, scholarships, dowery funds and medical allowance would also be given to children of jail employees in partnership with PPF, he said. Two vans will be provided to every jail and a total of 72 vans will be given with an amount of Rs.91.40 crore, he stated. Meanwhile, Rs.7.17 crore would be spent to repair 287 vans in different jails. No past government paid heed to ameliorate a lot of the prisoners and jail officials. It is hoped that the prison package would introduce far-reaching reforms in the jails, concluded the CM.

** **

No.1801/QU/Mujahid

HANDOUT (A)

OPPOSITION'S AGITATION IS NOTHING MORE THAN SELF-PROJECTION- USMAN BUZDAR

LAHORE, October 22:

Chief Minister Punjab Sardar Usman Buzdar has termed opposition's agitation as an attempt of self-projection adding that opposition parties have lost their reliability in the masses.

In a statement, the CM said the government has full understanding of the problems of the common man and every step was being taken to overcome them. The district price control committees have been activated to stabilize the prices and sustained efforts will be continued to control prices, he maintained. There is no room for agitational politics but the opposition was trying to deceive the masses in the garb of price-hike, he stated. In fact, the power-hungry opposition's approach is contrary to the national interest as it has no regard for the masses, concluded the CM.

** **

No.1802/QU/Umer

HANDOUT (A)

CM SEEKS REPORT FROM COMMISSIONER RAWALPINDI AND SECRETARY SCHOOLS

Lahore, October 22:

Chief Minister Punjab Sardar Usman Buzdar has sought a report from commissioner Rawalpindi and the secretary schools education department about the death of two children due to the collapse of a private school's wall in Jhelum. The CM directed to investigate the incident adding that the best treatment facilities be provided to the injured teachers and students. He also extended sympathies to the bereaved heirs.

*****

No.1804/QU/Umer

HANDOUT (A)

CM CONSTITUTES COMMITTEE FOR DIALOGUE WITH TEHREEK-E-LABBAIK

Lahore, October 22:

Chief Minister Punjab Sardar Usman Buzdar has constituted a ministerial committee, comprising Law Minister Raja Basharat and Public Prosecution Minister Ch. Zaheeruddin for holding dialogues with Tehreek-e-Labbaik. The government desires to resolve the matter with mutual understanding as there is the need to collectively work for peace in the country in accordance with Sunnah of the Holy Prophet (PBUH), the CM stated.

*****

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moneycafe · 4 years ago

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Government Employees Of These States To Benefit From Massive Salary Hike

Business oi-Roshni Agarwal | Published: Saturday, May 1, 2021, 18:32 [IST] As the states of Punjab and Himachal Pradesh are gearing to implement the 6th Pay Commission, seven lakh government employees of the two states are set to benefit. Government Employees Of These States To Benefit From Massive Salary Hike The decision has been taken by the congress led government of Punjab and under the…

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vsplusonline · 5 years ago

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COVID-19: States working on academic calendar, deliberating on advancing summer break in schools - Times of India

New Post has been published on https://apzweb.com/covid-19-states-working-on-academic-calendar-deliberating-on-advancing-summer-break-in-schools-times-of-india/

COVID-19: States working on academic calendar, deliberating on advancing summer break in schools - Times of India

NEW DELHI: With Punjab and Karnatka already having announced summer vacation due to the coronavirus outbreak, other states are working on academic calendar and deliberating on various measures, including advancing the summer break, to minimise academic losses. The Punjab government has announced a month-long summer break from April 11, ending on May 10. The summer vacation in the state usually starts by the end of May. According to Punjab Education minister Vijay Inder Singla, the decision was taken to compensate the academic loss being faced by students due to the lockdown.

“Education being a state subject, states are free to decide their own academic calendar and schedule for summer break. They also need to keep in mind the coronavirus situation in the particular state,” a senior HRD Ministry official said.

Karnataka had announced summer vacation in March itself when schools had to be closed due to the COVID-19 outbreak.

The Delhi government has sought suggestions on whether schools in the national capital could conduct classes during summer break to make up for the academic loss due to the coronavirus-triggered lockdown.

“This needs to be well thought of that can schools conduct classes during summer break to make up for academic losses caused during the lockdown. We are inviting suggestions on the issue,” Deputy Chief Minister Manish Sisodia said.

“We also have keep ground realities in mind like summer heat causing discomfort to students. Rather than a decision being taken by the authorities in this regard, we want to know parents’ thoughts about it and the feasibility,” he added during an online interactive session with parents.

According to a survey by online platform Localcircles.com, 81 per cent parents are in favour of schools being shut through May and reopening on June 1. Over 10,000 parents were interviewed for the survey.

The Central Board of Secondary Education (CBSE) also wrote to states and union territories last week to examine the issues of school fees payment and salaries to teachers “sensitively and holistically” keeping in mind the interest of all stakeholders.

While Delhi Government has announced that schools will not be allowed to hike fees during the period and only tuition fee will have to be paid, the Mahrashtra government has said parents can complain to district education officers if schools demand fees during lockdown period.

While the Gujarat government had last week announced that private schools will not hike fees for a year, the West Bengal government had appealed to schools to refrain from hiking fees.

The lockdown, which was first enforced from March 25 to April 14, has been extended by the Centre to May 3 to prevent the spread of the novel coronavirus.

“Keeping in view the present situation of the countrywide lockdown, and difficulties being face by all stakeholders in the school education system due to the COVID-19 global pandemic, it is requested that the state governments may examine the issue of lumpsum payment of school fees and teacher’s salaries sensitively and holistically considering the interest of all stakeholders concerned,” CBSE secretary Anurag Tripathi said in a letter to chief secretaries of states and Union territories.

The death toll due to COVID-19 rose to 640 and the number of cases to 19,984 in the country on Wednesday, according to the Union Health Ministry.

The number of active COVID-19 cases is 15,474, while 3,869 people have been cured and discharged, and one patient has migrated, the ministry said.

The total number of cases includes those of 77 foreign nationals.

Source link

#"Delhi Government"#academic calendar #Academic calendar news #cbse academic calendar #Central Board of Secondary Education #School Academic Calendar #Career

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joyceneves07 · 5 years ago

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Parents worried as several schools announce Fee hike

As many parents are waiting for the schools to announce fee waiver due to the lockdown, several schools have announced fee hike which has made the parents worried. Parents have also started an online campaign in which they asked the HRD Ministry to send directive to schools to not raise the fee until schools reopen again.On Monday, Gujarat government has announced that schools will hike fee for a year, the government of West Bengal has also appealed the schools to refrain from hiking the fee. "With no information when normalcy will return, when we could head back to our respective workplace is the question that remains unanswered and here, I receive an intimation from the school regarding the hike in fee. I was baffled that how would I be able to cope up? I am anxious to know about the school fee hike and transport fee hike which the school says is to meet the cost demands for the academic year 2020-21," said Pivit Joshi, whose son studies in a prominent school in Noida. He did not wish to identify the name of school. Jagriti Shukla, a parent in Gurgaon, said, "We understand the schools' concern that they need to pay salaries and cannot waive fees but at least hike can be avoided at such crucial time. Why the government has not passed any order in this regard?"Similar concerns were shared by Rajesh Kumar as he said that increase in the schools fee has added to his financial woes. "We are getting basic pay but the performance linked incentives have been suspended for the lockdown period. The appraisals have been deferred to next financial year but the school's fee hike is going on as per usual," he said.Governments of Rajasthan, Punjab, Haryana and Uttar Pradesh announced that schools should not force parents to pay fees during the lockdown.

source https://www.brainbuxa.com/education-news/parents-worried-as-several-schools-announce-fee-hike-10289

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airolcus · 5 years ago

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Parents worried as several schools announce Fee hike

As many parents are waiting for the schools to announce fee waiver due to the lockdown, several schools have announced fee hike which has made the parents worried. Parents have also started an online campaign in which they asked the HRD Ministry to send directive to schools to not raise the fee until schools reopen again.On Monday, Gujarat government has announced that schools will hike fee for a year, the government of West Bengal has also appealed the schools to refrain from hiking the fee. “With no information when normalcy will return, when we could head back to our respective workplace is the question that remains unanswered and here, I receive an intimation from the school regarding the hike in fee. I was baffled that how would I be able to cope up? I am anxious to know about the school fee hike and transport fee hike which the school says is to meet the cost demands for the academic year 2020-21,” said Pivit Joshi, whose son studies in a prominent school in Noida. He did not wish to identify the name of school. Jagriti Shukla, a parent in Gurgaon, said, “We understand the schools’ concern that they need to pay salaries and cannot waive fees but at least hike can be avoided at such crucial time. Why the government has not passed any order in this regard?"Similar concerns were shared by Rajesh Kumar as he said that increase in the schools fee has added to his financial woes. "We are getting basic pay but the performance linked incentives have been suspended for the lockdown period. The appraisals have been deferred to next financial year but the school’s fee hike is going on as per usual,” he said.Governments of Rajasthan, Punjab, Haryana and Uttar Pradesh announced that schools should not force parents to pay fees during the lockdown.

Source: https://www.brainbuxa.com/education-news/parents-worried-as-several-schools-announce-fee-hike-10289

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meanbeau · 5 years ago

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Parents worried as several schools announce Fee hike

Source: https://www.brainbuxa.com/education-news/parents-worried-as-several-schools-announce-fee-hike-10289

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thesun · 3 years ago

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╭───────────────────╮

🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 29 MAY*🙏🏻

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*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣➣

1. *PM Modi undertakes aerial survey of cyclone affected areas in Odisha and West Bengal*

2. *Union Government has accorded approval for substantial hike in salary of employees who are working under National Health Mission (NHM) in Jammu and Kashmir* .

3. *20.57 crore COVID vaccine doses administered in country so far* . Bihar, Gujarat, Madhya Pradesh, Rajasthan and Uttar Pradesh have administered more than 10 lakh beneficiaries of the age group 18-44 years for their first dose of COVID vaccine.

4. BJP President J P Nadda says, WB CM Mamata Bannerjee's absence from PM’s meeting is murder of constitutional ethos and culture of cooperative federalism. He said that PM stands strong with the citizens of West Bengal in wake of cyclone Yaas, West Bengal Chief Minister Mamata Banerjee should also set aside her ego for the welfare of people.

5. *The centre has issued an order to recall West Bengal's top bureaucrat from the state on a day a row broke out over a meeting between Prime Minister Narendra Modi and Chief Minister Mamata Banerjee.* Bengal Chief Secretary Alapan Bandyopadhyay's tenure was extended for three months only four days ago.

6. *Donations For Construction Of Ayodhya Mosque Made Tax Free*

The government has granted tax exemption to those contributing for the construction of the mosque in Ayodhya, for which the Supreme Court had allotted five acres in the Babri Masjid-Ramjanmabhoomi land dispute case.

7. *The Election Commission has decided not to hold bye-election to the one seat of Rajya Sabha from Kerala* due to outbreak of 2nd wave of COVID-19. The Rajya Sabha seat from Kerala fell vacant due to the resignation of KC(M) leader Jose K Mani from the Upper House.

8. *The Centre on Friday invited non-Muslims like Hindus, Sikhs, Jains and Buddhists belonging to Afghanistan, Bangladesh and Pakistan and residing in 13 districts of Gujarat, Rajasthan, Chhattisgarh, Haryana and Punjab to apply for Indian citizenship*

9. *Centre announces financial assistance of Rs 500 crore for Odisha for post cyclone relief and rehabilitation measures.*

10. *Nagaland govt extends statewide total lockdown with existing guidelines till 11th June*

11. *Delhi unlock process to begin from May 31;* factories, construction activities allowed for 1 week

12. The lockdown-like-restrictions in Maharashtra on account of the coronavirus pandemic have been extended by 15 days but a fresh set of guidelines will be issued on June 1

13. Congress president Sonia Gandhi on Friday set up a three-member committee to resolve differences among its leaders in Punjab amid an open war of words between Chief Minister Amarinder Singh and his former cabinet colleague Navjot Singh Sidhu.

14. The Enforcement Directorate (ED) on Friday arrested Mumbai-based builder and film financier Yusuf M Lakdawala in a money laundering case linked to an alleged forging of document for the purchase of a prime land in Maharashtra's Khandala.

15. *Domestic air travel set to become costlier by 15% from June 1.* The move is aimed at helping the airlines amid a devastating second wave of COVID-19 which has reduced air travel significantly.

16. The Narcotics Control Bureau (NCB) has arrested Siddhartha Pithani, a flatmate of Sushant Singh Rajput, in a drug case linked to the Bollywood actor's death last year,

17• *The J&K police arrested a newly recruited militant in Kulgam district of south Kashmir on Friday.* The security forces said the militant was identified as Shakir Ahmad from Ardkhera Imamsahib Shopian. He was arrested from Frisal Yaripora in Kulgam

18• *Indian Navy working on war footing for rescue and relief operations in after cyclone Yaas wreaked havoc in Odisha* . The (Humanitarian Assistance and Disaster Relief) HADR Naval team have set up community kitchen at the Multipurpose Cyclone Shelter. Team is clearing trees that fell by strong winds

19. *The 140th course of the National Defence Academy (NDA) passing out parade for spring term 2021 will be conducted on 29th May 2021.* Chief of Naval Staff Admiral Karambir Singh will be the Reviewing Officer for the ceremonial Passing Out Parade of the 140th batch of the National Defence Academy (NDA), which will be held on Saturday when over 300 cadets will pass out of the academy after three years of rigorous training.

20. Every year, two batches of cadets pass out from India’s premier tri-services military academy which based at Khadakwasla in Pune to continue with the one more year of pre-commissioning training at the academies of their respective forces –– Indian Military Academy in Dehradun for Army, Air Force Academy in Dundigal and and Indian Naval Academy in Ezhimala.

21. *Defence Secretary Dr Ajay Kumar launched Directorate General National Cadet Corps (NCC) Mobile Training App Version 2.0 in New Delhi on May 28, 2021.*

*✈INTERNATIONAL NEWS*

1• External Affairs Minister S Jaishankar met US National Security Advisor Jake Sullivan during which they held wide-ranging discussions and agreed that people-to-people ties and shared values are the foundation of the US-India strategic partnership that is helping to end the pandemic.

2• The rising number of COVID-19 cases in India and the vaccine shortage that has emerged from that tops the list of issues to be discussed between External Affairs Minister of India S Jaishankar and his US counterpart Antony Blinken during the meeting in the US.

3. In a humanitarian gesture in these testing times, *Iran on Friday sent as many as 300 oxygen concentrators to India* to be used in its fight against a runaway second COVID-19 wave.

4• In view of the ongoing standoff between India and China along the Line of Actual Control (LAC) in eastern Ladakh, the *Indian Army is planning to lease Israel’s Heron TP drones* . These drones – Heron will be deployed along the LAC to keep a watch on the Chinese troops and their activities.

5• Indian Red Cross Society will soon receive OxyTruck mobile oxygen filling stations, produced by Collins Aerospace unit in Lübeck, Germany.

6• *India was among 14 countries that abstained from voting on a resolution at the UN Human Rights Council to launch an investigation into alleged violations and crimes during the 11-day conflict between Israel and Hamas in Gaza.*

7• *Suspension of international flights extended till next month!* The COVID-19 pandemic-induced suspension of scheduled international passenger flight services has been extended till 30 June 2021. The announcement was made by the aviation regulator Directorate General of Civil Aviation (DGCA) on Friday.

*🌎WORLD NEWS🌍*

1. Azerbaijan has accused the Armenia’s Army for firing on border today. One Azeri soldier was reportedly injured in the incident.

2. *The World Health Organization, WHO, has said that 20 million doses of the AstraZeneca vaccine are needed in African countries within six weeks* to make sure second doses can be administered within the recommended time frame

3. Every year since 1998, Pakistan has celebrated May 28 as Youm-e-Takbeer (the day of greatness). The occasion marks the anniversary of the first nuclear weapon tests conducted by Pakistan on May 28, 1998, at the Chagai hills in Balochistan.

4• The open threat by China to Bangladesh reveals China’s growing insecurity with the *Quad* . (Here: The Quadrilateral Security Dialogue (Quad) of four countries, Japan, the US, Australia and India, was formed in 2007 with the initiative coming from Japanese PM Shinzo Abe. ... The aim of the Quad is to support a “free, open and prosperous” Indo-Pacific region that China seeks to threaten) China, which had once dismissed the *Quad* as just a froth in the ocean, is now intimidating Bangladesh against joining the *Quad* .

5. French President Emmanuel Macron has asked Rwandans to forgive France for its role in the 1994 Rwandan genocide, in which about 800,000 ethnic Tutsis and moderate Hutus died.

6. World Menstrual Hygiene Day is observed every year on May 28. The day is marked across the globe to address societal stigma and to raise awareness on maintaining menstrual hygiene.

7. Hong Kong mountaineer, Tsang Yin-hung, recorded “world’s fastest ascent of Everest by a woman” in just 26 hours. The highest mountain above sea level, in world, is located in Mahalangur Himal sub-range of Himalayas. China–Nepal border runs across its summit point. Its snow height is of 8,848.86 m recorded.

*🚣🚴🏇🏁🏊Sports:*

1. *Defending champion Amit Panghal punched his way into the men’s 52kg final at the 2021 ASBC Asian Boxing Championships* after outpunching Kazakhstan’s Saken Bibossinov in the last-4 clash in Dubai on Friday. He enters the Finals.

2. India is now assured of at least six silver medals with four women already making their way into the finals earlier on Thursday at the prestigious event which is jointly hosted by the Boxing Federation of India (BFI) and UAE Boxing Federation. With 15 medals confirmed, Indian contingent also achieved their highest medal haul, surpassing the previous best of 13 (2 gold, 4 silver and 7 bronze) from the 2019 edition in Bangkok.

3. The event has witnessed the presence of 150 boxers from 17 countries including strong boxing nations such as India, Uzbekistan, Philippines and Kazakhstan.

4. Reigning Olympic champion shuttler Carolina Marin on Friday suffered a freak knee injury during training, leaving her doubtful for the Tokyo Games, which starts on July 23.

*USD 72.39 💷GBP 102.73*

_In Trivendrum (Kerala)_

*🥇Gold ₹49,860©10 gm 24 (Krt)*

🥈 *Silver ₹72,300©Kg*

⛽ *Petrol ₹ 95.66*

⛽ *Diesel ₹ 90.93*

*LPG : ₹ 818.50/14.2 Kg*

*BSE Sensex* 51,115.22

*NIFTY* : 15,435.65

Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ

*🇮🇳Facts about India🇮🇳*

*Thiruvananthapuram,* earlier known as Trivandrum, is the capital city of Kerala. The name literally splits into " *Tiru","Anantha""puram"* meaning "the town of Lord ANANTHA". This is really true since the temple is at the heart of the town and for generations, the kings have called themselves "Padmanabha-Dasa" or the "servants of LORD Ananthapadmanabha", and ruled the state as the representatives of LORD Anantha-Padmanabha.

The town has a history of supporting fine art and culture. The Kings of Tiruvancore (Thirunals as they are known) have not only promoted art but have themselves been accomplished artists. The most famous of them are Swathi Tirunal who is a well known composer in both Karnatak and Hindustani systems of music, and Raja Ravi Varma the internationally acclaimed painter, well known for inventing paints using natural materials.

*😀Thought of the day*

We need Strength while doing the Possible,

but we need Faith while doing the Impossible.

*Joke of the day*

*Patient*👨🏽‍🦽 : Ye phulo ki mala💐 kis k liye?

*Doctor* 👨🏻‍🔬: Ye mera pehla operation hai, success hua to mere liye, nahi to tumhare liye.😂

*😳Why❓❓❓*

*why we can see one side of moon*

Only one side of the Moon is visible from Earth because the Moon rotates on its axis at the same rate that the Moon orbits the Earth – a situation known as synchronous rotation, or tidal locking. The Moon is directly illuminated by the Sun, and the cyclically varying viewing conditions cause the lunar phases.

*LEARN Sanskrit*🙏🏻

*Sanatana*, *सनातन*: means Eternal

💁🏻‍♂️ *GK TODAY*

A lunar eclipse takes place when the Earth comes between the sun and the moon. The Earth’s shadow blocks some or all of the sun’s light from reaching the moon during the process.There are three types of a lunar eclipse – a total lunar eclipse, partial lunar eclipse and penumbral lunar eclipse

🛕 *VEDIK GNAN*

There are four Vedas:

The Rigveda,

the Yajurveda,

the Samaveda and

the Atharvaveda.

Each Veda has four subdivisions – the Samhitas (mantras and benedictions), the Aranyakas (text on rituals, ceremonies, sacrifices and symbolic-sacrifices), the Brahmanas (commentaries on rituals, ceremonies and sacrifices), and the Upanishads (texts discussing meditation, philosophy and spiritual knowledge). Some scholars add a fifth category – the Upasanas (worship). The texts of the Upanishads discuss ideas akin to the heterodox sramana-traditions.

Vedas are śruti ("what is heard"), distinguishing them from other religious texts, which are called smṛti ("what is remembered").

🤔 *How ........* ⁉

*WORKING PRINCIPLE OF A DVD PLAYER?* 💿📀

The DVD ( Digital Video Disc or Digital Versatile Disc) is a digital optical disc data storage format invented and developed in 1995.

DVD base layer made of a polycarbonate plastic. A thin layer of aluminum coating over the polycarbonate plastic. A clear protective acrylic coating over the aluminum layer.

The pits and bumps in the DVD are hit by the laser from the optical mechanism of the DVD player. This laser will be reflected differently according to the change of pits and bumps. Though the laser hits a single spot, the DVD moves in a circular motion so that the entire area is covered.

Red Laser shines onto a spinning DVD disc, reads the bumps (known as “pits”) in the reflection, converts it to 1s (Shiny) and 0s (Non-Shiny Pit), and the circuitry inside the player converts those 1s and 0s into sound and picture.

These reflected laser beams are then collected by a light sensor (eg. photo-detector) which converts the different signals into a binary code. In short, the optical system helps in converting the data from the DVD into a digital code. The binary signal is then sent to a Digital to Analog converter which will be setup in the PCB (Printed Circuit Board). Thus the corresponding analog signal of the DVD is obtained. The PCB also has amplifiers which amplify the signal and then sends it to the graphic and audio systems of the computer/TV. Thus, the corresponding audio/video signal is obtained.

🧬 *HEALTH CARE:© HOME REMEDIES*🩺

( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)

*Lemon* : Drinking warm water and honey with a bit of fresh lemon juice in the morning helps to regulate metabolism and thereby lose weight.

*Regards*

───────────────────╮

*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*

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ndcyadav01 · 4 years ago

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Few key offerings from the M.Com colleges to the aspirants

Top commerce colleges in Bangalore and other cities offer M.Com degrees that aim to focus on commerce, accounting, management and economics related subjects. If an aspirant is willing to get a detailed overview of a subject or a specific area, then this is the right course to be pursued. Unlike MBA which is often termed as a generalist degree, M.Com offers the aspiring candidates a platform to do thesis/study on the theoretical aspects of the concerned subjects.

This program is a perfect option for the students aspiring to do Chartered Accountancy or Company Secretary.

Students who pursue M.Com have a wide scope in the field of Banking, Insurance, Financial, Stock-Broking sector, marketing and project management, general management and business consulting with designations in both- government and private sectors like customer relationship executives, Probationary officers, financial analysts, business analysts, risk analysers, stock/ broking agents, marketing analyst, marketing managers to name a few. One can also opt to join government & private banks such as State Bank of India (SBI), Punjab National Bank (PNB), Axis Bank, HDFC Bank, Union Bank of India etc.

There are a lot of fascinating opportunities in the commerce domain not only in the nation but also across the globe. Many world-recognised firms in foreign countries like the UK, USA, Australia, Canada, Japan, and Korea employ a large number of talented M.Com postgraduate students with different job profiles. The initial salary of M.Com holders is good in both- government and private sector organizations. As a fresher, an M.Com graduate can get paid upto 30-40000 per month.

Moreover, with increasing experience, proficiency, knowledge about the job role will attract promotions and salary hikes. On the other hand, if a candidate is willing to choose the teaching field, surely he/ she can expect a high paid job as a professor, teacher or a back-end management staff. In abroad, the salary of M.Com degree holders is much higher than paid in India. Your salary will depend on several factors such as the job profile, type of the firm, experience, your knowledge, skills, aptitude & many other factors.

M.Com Degree involves detailed research and this, it provides an access to opt for a doctorate course like Doctor of Commerce, Doctor of Business Administration, Doctor of Philosophy. Pursuing the doctorate level courses is a lucrative option for those who do not aspire to work in corporates.

M.Com is one such option that helps an aspirant to pave path towards a beautiful future. If one is willing to pursue this course, there are excellent M.Com colleges in Bangalore that will help you to seek all the above-mentioned offerings and get benefitted from them.

#M.Com colleges in Bangalore #Top commerce colleges in Bangalore

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krushapatel005-blog · 7 years ago

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News digest: PNB scam, contract jobs, salary hike, GST collection, and more

Check NPAs above Rs 500 mn for possible fraud, alert CBI: Govt tells banksJolted by the Punjab National Bank fraud, the finance ministry on Tuesday directed managing directors of public sector banks to examine non-performing asset (NPA) accounts of more than Rs 500 million for possible fraud and report any cases of wilful default to the Central Bureau of Investigation (CBI).

The ministry also set a 15-day deadline for PSBs to put in place an effective system to address rising operational and technological risks. These directions are part of the reforms that the government had packaged with the recapitalisation plan for banks.Read more Govt to ensure firms do not convert employees into contract workers.

The Union government is planning to take measures to ensure companies do not convert their full-time workers into contract employees by misusing the proposed fixed-term contract framework.

Sebi likely to accept Infosys consent plea in Rajiv Bansal caseThe Securities and Exchange Board of India (Sebi) is likely to accept information technology major Infosys’ consent plea to settle charges of disclosure lapses pertaining to the severance package paid to former chief financial officer (CFO) Rajiv Bansal.

Read more Salaried class to carry home more with 9% hike, but engineers to lose out Those expecting double-digit salary hikes in their annual appraisals are likely to be disappointed as Aon, a consulting firm, has projected average pay increases of about 9.4 per cent for 2018-19.

Click Here To Know More – PNB Scam

#PNB SCAM #CONTRACT JOBS #SALARY HIKE #GST COLLECTION #NEWS DIGEST #CURRENT AFFAIRS #NATIONAL

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moneycafe · 4 years ago

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Government employees of these states to get massive hike in salary, DA and NPA; pensioners to benefit too

There is good news for the government employees of Punjab and Himachal Pradesh as the government of both the states have decided to give them a gift by implementing the 6th Pay Commission. This move of the state governments is expected to benefit about seven lakh employees in both the states. The month of May is going to be full of happiness for these employees as they will be getting bumper…

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nmrampuria · 7 years ago

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Key Highlights of Budget 2018

* Arun Jaitley proposed to tax long term capital gains exceeding Rs 1 lakh at 10 per cent without indexation.

* Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency: FM

* Mobile phones set to become costlier as custom duty on them has been increased to 20 per cent.

* Health and education cess has been increased to 4 per cent.

* For senior citizens, exemption of interest income on bank deposits raised to Rs 50,000: FM Jaitley

* FM Jaitley proposes to introduce tax on distributed income by equity oriented mutual funds at 10 per cent.

* Standard deduction of Rs 40,000 for salaried employees in lieu of transport and medical expenses: FM Jaitley

* Companies with turnover of up to Rs 250 crore to be taxed at 25 per cent: FM

* Arun Jaitley says that the government does not propose any changes in tax slabs for the salaried class this year.

* FM proposes a fiscal deficit of 3.3% of GDP for 2018-19.

* Finance Minister Arun Jaitley proposes revising emoluments as per the following structure:

-- Rs 5 lakh for the President of India

-- Rs 4 lakh for the Vice President

-- Rs 3.5 lakh for the Governors

* Jaitley also proposes automatic revision of emoluments of Parliamentarians every five years, indexed to inflation.

* We have already exceeded our disinvestment target, announces Arun Jaitley.

Disinvestment target for 2017-18 has been exceeded and will reach Rs 1 lakh crore. Target for 2018-19 is Rs 80,000 crore.

* 5 lakh WiFi hotspots will be set up in rural areas to provide easy internet access.

* Government will take all steps to eliminate use of cryptocurrencies which are funding illegitimate transactions.

* Govt announces Amrut program to focus on water supply to all households in 500 cities. Water supply contracts for 494 projects worth Rs 19,428 core will be awarded: FM

* NITI Aayog will establish a national programme to direct our efforts in the area of Artificial Intelligence towards national development: FM

* Airport capacity to be hiked to handle 1 billion trips every year.

* Arun Jaitley says that 4,000 km of new railway track will be laid down by 2019.

* All railways stations with footfall more than 25,000 to have escalators, says the Finance Minister.

* Mumbai transport receives Rs 40,000 crore.

* The government will undertake redevelopment of 600 major railway stations across the country.

* Arun Jaitley announces capital expenditure of Rs 1,48,528 crore for Indian Railways in 2018-19.

* National Heritage City Development Augmentation Scheme has been undertaken to preserve and protect heritage cities in the country, announces the Finance Minister.

* Government to contribute 12 per cent of EPF contribution for new employees in all sectors: FM

* Infrastructure is the growth driver of economy: Jaitley

* Target of 3 lakh crore for lending under PM Mudra Yojana: FM

* MSME enterprises are a major element for growth, says Jaitley. He also added that mass formalisation of MSME sector is happening after demonetisation and GST.

* Govt will launch health scheme to cover 10 crore poor families, Arun Jaitley says.

* The Government is slowly but steadily progressing towards universal health coverage: FM

* Government aims to bring 60 crore bank accounts under the Jan Dhan Yojana.

* Eklavya schools to be started for Scheduled Tribe populations: Finance Minister

* Rs 600 crore allocated to Tuberculosis patients undergoing treatment.

* Govt will set up two new Schools of Planning and Architecture, says Finance Minister Jaitley.

* To tackle brain drain, Jaitley announces scheme to identify bright students pursuing B Tech in premiere engineering institutes, and providing them higher-education opportunities in the IITs and IISc. These students will receive handsome fellowships, and will be expected to dedicate a few hours to teach in higher education institutions weekly.

* Specialised railway university to be set up at Vadodara.

* Jaitley proposed integrated BEd programme for teachers: "training of teachers during service is essential." Technology will be the biggest driver in improving the quality of education.

* Budget allocates money for social security and protection programme for all widows and orphaned children.

* We have a target to provide all Indians with their own homes by 2022, says Jaitley.

* Ujjwala scheme to amplify targets, will now provide 8 crore rural women free LPG connections.

* Air pollution in Delhi-NCR has been a cause of concern, govt has proposed subsidised machinery for in-situ management of crop residue in Punjab, Haryana, Uttar Pradesh and NCT Delhi.

* Govt of India will take necessary measures to put in place measures for the state government to purchase surplus solar power produced by local farmers at sutiable prices.

* Arun Jaitley proposes a sum of Rs 500 crore for 'Operation Green' on the lines of 'Operation Flood'.

* Food processing sector is going at an average of 8 per cent per annum.

#economics

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captaincityspidey-blog · 7 years ago

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Members of All Noida School Parents Association (ANSPA) held a press conference today to speak out against the draft of the Uttar Pradesh Self-Financed Independent Schools (Regulation of Fees) Bill, 2017, that favours schools over parents.

ANSPA president Yatendra Singh said, “We want some changes in the draft. We want the bill along the lines of the Gujarat bill, which has proposed an annual fee structure of Rs 15,000 for primary classes, Rs 25,000 for secondary ones and Rs 27,000 for higher-secondary classes. If a school wants to charge more than the specified limit, it will have to approach the committee for permission. But the UP counterpart lacks in these checks.”

The state department of secondary education, on December 8, released a draft of the proposed bill on its website. It immediately invited stiff opposition from parents in Noida and Ghaziabad, who say the 12-page document gives undue advantage to schools in determining school fees.

ANSPA also complained that the proposed bill makes no mention of the safety and security regulations demanded by the parents.

Here’s a list of changes demanded by ANSPA members:

1. Capping of fee hike —The government should set a cap for school-fee hike, and the zonal committee should determine whether or not the hike is justified.

2. Setting a limit on school fees: Like the Gujarat counterpart, the bill should set a limit on the annual fee.

3. Transparency in appointment of any parent-teacher association: According to the proposed bill, the president of any parent-teacher association of any school in the district can be nominated by the divisional commissioner (chairman of the committee) as a member of the zonal committee. Parents alleged that most of the heads of these associations are hand-in-glove with school administrations, and hence, inclined to favour schools over parents.

4. Updating school website — Number of teachers, appointment dates of teachers and their salaries to be updated on the website of the school.

5. Collection and utilisation of development charges: The schools can charge a maximum development fee of l5 per cent of the total charges collected from parents. But the bill further says that the development funds can also be utilised for setting up new branches of the school, or a new school under the same management. Parents are unwilling to pay for new branches, or new schools of the management.

ANSPA members said they will continue their protests if the UP government refused to accept their demands.

Before Uttar Pradesh, laws to regulate school fees have been enacted in Gujarat, Tamil Nadu, Maharashtra and Rajasthan and Punjab. Other than that, several states have clauses in their education acts with respect to fee regulation.

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vsplusonline · 5 years ago

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Looking for bailout package Punjabi University gets 6 per cent annual grant increase, girls' hostel - Times of India

New Post has been published on https://apzweb.com/looking-for-bailout-package-punjabi-university-gets-6-per-cent-annual-grant-increase-girls-hostel-times-of-india/

Looking for bailout package Punjabi University gets 6 per cent annual grant increase, girls' hostel - Times of India

PATIALA: Punjabi University Patiala has been demanding a bailout package from the state government from a long time to get out from the financial crisis however it could get only 6 per cent hike in the annual grant and Rs 15 crores for a hostel for in the Punjab budget. The authorities and faculty of University has expressed sorrow over it.

The university authorities claimed they would request again the state government to provide a one-time package to come out of the fiscal crisis. The demand for girls’ hostel was also pending for a long time as eight hostels for girl students were insufficient to cater to the strength of girls. In almost every room four or five girls have been accommodated against the capacity of two. The strength of girl students counts more than 65 per cent in the university main campus.

Manjit Singh Nijjar, Registrar Punjabi University said, “We are getting Rs 100 crores approx. an annual grant from Punjab government and the 6 per cent increase in the grant is not sufficient. Last year the government gave Rs 50 crores grant but this time it is only Rs 6 crores approx. in the form of an annual grant. Each year, the university is landing into a deeper fiscal crisis and the fiscal budget has crossed Rs 300 crores following which we demanded a bailout package from the state government. We will again request the government to help out the university come out of the crisis. Each year, the university is giving a 3 per cent annual hike in salaries to its all the employees and 6 per cent hike in the DA which means we are spending on 10 per cent annual hike. The monthly grant from the state government is Rs 8.64 crores approx. while the university’s expenditure on salaries is Rs 30 crores per month. We are managing by taking loans or from university’s income through various sources including fees”

Budget not in favour of higher-education, farmers

Professor of economics, Punjabi University Patiala, Kesar Singh Bhangoo, said, “The state government had reduced its expenditure and this will have a negative impact in totality. This year’s budget is not farmer oriented and there was a need to focus on the procurement of diversified crops instead of keeping a figure or budget for diversification. Last year the state government allocated Rs 3000 crores for crop loan waiver but this year it has declined to Rs 2000 crores of which 520 crores have been kept for agricultural labourers and Rs 1480 crores.” He added that this budget was not in favour of higher education and importantly no step was taken to save the state-run Punjabi University from the financial crisis that has been demanding bailout package from a long time.”

Dr Pankaj Mohindru, Human Rights Chairman of Punjab Congress who demanded Rs 500 crore package earlier also from his party to bail out the university from financial crunch said that the university did not get any special grant in this budget.

“Higher education sector is ignored. The Punjab Budget dashed all the hopes of the staff working in Punjabi University, neighbour-hood campuses and constituent colleges situated in all most all of the Malwa belt. The Punjab government increased the outlays for health and education sectors to Rs 4675 crore but there was no specific mention of the budget allocated to higher education sector whereas Haryana government set aside Rs 2936 crore for higher education which is whopping 41.39% increase over the previous year. Punjabi University is the second university in the world to be named after a language, the first being Hebrew University of Israel. The University is now not even able to pay the monthly salaries to its employees in-time and this has adversely affected the morale of the faculty and subtly of their students”, added Mohindru, a Professor in Punjabi University and an expert in the field of Human Resource Management and Artificial Intelligence.

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#"artificial intelligence"#hebrew university of israel #Hebrew University of Jerusalem #Human Resource Management #kesar singh bhangoo #manjit singh nijjar #pankaj mohindru #Punjab budget #punjabi university #Punjabi University Patiala #Career

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kalachand97-blog · 8 years ago

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New Post has been published on Globeinfrom

New Post has been published on https://globeinform.com/hdfc-property-to-release-500-million-offshore-fund/

HDFC Property to release $500 million offshore fund

Bengaluru: HDFC Property Fund, backed by using loan financier HDFC Ltd, is ready to release a $500 million offshore fund that it has been planning due to the fact early 2016, a company government stated. The fund will invest as much as forty% in office areas and the rest in residential projects with a focal point on low-cost housing.

This may be HDFC Property Fund’s third offshore fund. In advance, it raised an $800 million fund in 2007-08 and a $350 million fund in 2014-15, that’s the final leg of deployment.

The new fund, a good way to make fairness and fairness-connected investments, has a nine-yr fund lifestyles and could put money into residential initiatives, townships, and office tasks that are in the early stage, greenfield mode. The fund will appearance to put money into man or woman projects that aren’t greater than 2 million so. toes to ensure they are no longer too massive to be advanced within a certain time body. It’s miles concentrated on an inner rate of going back (IRR) of 20-22% and will also observe Hyderabad aside from the other top metros.

“The markets have been now not conducive to elevate offshore money within the ultimate year or so. It turned into essential that we made some worthwhile exits earlier than we went out to elevate extra capital. However actual estate is on a slow restoration mode and we will release the fund inside the 2nd half the of yr,” said the fund government stated above, asking now not to be diagnosed.

Indian real estate funds were locating it harder than normal to raise cash as traders call for a more rigorous due-diligence manner in an unsure environment and massive pension price range and global traders are looking for different and direct partnerships with builders rather than parking cash with fund managers who’re essentially intermediaries.

Except deploying money from The new fund, HDFC Property Fund has been pushing for quicker exits for a while now. remaining year, it exited its Rs500 crore funding in Lodha developers Pvt. Ltd’s assignment in significant Mumbai with nearly 3X returns of Rs1,500 crore. Piramal Finance Ltd installed Rs2,320 crore in Lodha’s tasks, paving the way for this go out.

From it’s In advance $800 million funds, the company has already lower back Rs3, fora hundred crore to traders and is gearing up for the balance exits, so as to return some other Rs2,800 crore. The IRR can be decrease than expected, but the fund doesn’t plan to sluggish down on exits resulting from that, said the fund executive quoted In advance.

It additionally plans to exit another Lodha mission in Hyderabad, in which it had invested a smaller amount and an IT project of the Embassy Group so that you can be a part of the diverse exits anticipated over the next few months.

“Overseas fund-raising is indeed challenging in the present day situation and the challenge is more while a fund supervisor is making an attempt to elevate an India-precise fund, wherein case the beyond song file precise to India comes into play. However, there’s a renewed confideninIndia, and LPs (limited companions) are being carefully positive,” stated Shashank Jain, associate, transaction offerings, PricewaterhouseCoopers India.

“The last few years have visible demanding situations in exits, which directly affects the returns that the investors make in a fund. Nowadays, buyers honestly observe a fund supervisor’s track file in its entirety – from high-quality of investments, to asset management, the relationships constructed with the portfolio agencies and exit performances. A fund manager which has a successful song record of departures and go back money to the buyers definitely has an aspect in elevating fresh money,” Jain said.

HDFC Home Loan: The whole lot You Have to Realize

inside a quick span of time, HDFC financial institution has end up one of the most reputed banks within the u . S . A .. It has an extensive community of branches and ATMs all over the us of a, and its numerous Loan gives are regarded into intently by using purchasers, as nicely. one of the maximum essential loans that people consider inside the united states of america is the one they ought to take when they are buying their dream Domestic. It is the manner in your long precious dream, which is why the significance of this Loan can not be overemphasized.

HDFC Domestic Mortgage gets pointed out loads Today as it caters to users’ comfort. Given the reputation of the bank, there seems to be numerous merit to it. Applying for this Loan is probably going to be one of the maximum important choices of your existence. It is a choice that will have a protracted-term effect to your finances. Consequently you cannot take it lightly and clearly not without knowing The whole lot that these loans from the bank entail. Best then can you’re making a valid selection for your self.

HDFC Domestic Mortgage: Take a look at your Eligibility on the Onset

before you pass about know-how the capabilities of this Loan, you’ll should Recognise whether you are eligible for it in the first place. First of all, those loans may be availed through salaried specialists and self hired people alike. they’re supposed for NRI’s and Indian citizens who’re between 21 to sixty five years of age. Your compensation potential based at the constant and strong profits source can be taken into account. Your CIBIL credit score score needs to be proper to make sure that you are eligible for those loans.

HDFC Domestic Loan: The All-crucial Hobby Costs

This might be the maximum important criterion that human beings base their choice on. The Mortgage offer from HDFC has a floating Hobby rate of 10.5% to 11.25%. However, you furthermore mght need to remember the fact that the RPLR is presently 16.five%. The Interest rate charged isn’t always the Simplest element you Should reflect onconsideration on when Making use of for the Mortgage. Take into account, this Loan includes a processing charge of zero.5% of the Loan quantity, that is capped at Rs. 10,000. There are no prepayment fees levied, However there is a pre-closure price in case of fixed offers closed through balance switch. In that case, 2% of the tremendous quantity is applicable.

Different Elements That ought to be Considered

when you are looking on the deserves of this Loan, you have to take into account that the Loan amount can fund eighty five% of the Property value. The Mortgage tenure can be chosen from everywhere between 1 and 20 years. The tenure you choose will have an effect on your monthly reimbursement options, that’s something you cannot lose sight of. The best information, when Making use of for a HDFC Domestic Mortgage, is that there is no guarantor required, because the financial institution could implement a safety on the house that you buy.

real estate India – A fragile Property Market Hit by using Increasing Interest Rates

If you are a Home Mortgage borrower, be organized to shell out extra money due to the current 50 to 75 basis point climb, as most of the financial institution and Other economic institutes are going to observe the footsteps of HDFC financial institution, the main participant in the housing finance zone, who accelerated their rate of Hobby these days.

This hike will bring about higher floating Quotes of Hobby, so that it will be dearer by way of 0.5 to 0.75% at the side of growth in new loans. The Market chief HDFC just announced boom in the Hobby price by 50 basis factors for existing customers with floating charge, which now turns into 11%. For fixed rate debtors, It’s miles 14%. current loans will both be translated into higher Hobby Prices or can have longer reimbursement tenure. Say, you’ve got taken a Loan of Rs. 25 lakh with a charge of Hobby of 10.seventy five%. If the price of Hobby will increase with the aid of zero.five%, you pay an EMI of Rs. 26, 232 instead of present Rs. 25,381, which is an increase of Rs. 851 each month. In case of a 75 points increase on basis fee, you pay Rs. 26,232 in preference to Rs. 24,960. Consequently, you have to pay according to month Rs. 1272 greater or an growth of Rs 50.88 on per one lakh you borrowed. ICICI, the biggest private sector bank hiked their Home Mortgage Interest Prices via 75 basis factors for present and new debtors.

In line with Mr. Rajiv Sabharwal, senior trendy manager and head of retail property of ICICI for floating price borrowers the Interest price is eleven.25% now. The high lending price for SBI is now 12.75% instead of 12.25%, for Union financial institution of India, It’s far 13.25%. ICICI improved their fee from 12.75% to thirteen.five%.these fee hikes are direct affect of boom in two key Rates by way of RBI. these coverage Fees are repo price and Cash Reserve Ratio (CRR). Both of those improved by way of 50 foundation factors every. Reserve financial institution had to take those steps to shrink inflation, which these days reached 11.forty two%, the best in13 years. these steps might also result into decrease client spending. As Mr. Arun Kaul, widespread manager of Punjab National bank puts it, banks have been borrowing a huge sum from the RBI via the repo path. as the resources become restricted and more expensive, banks plan to offset this more value with better lending Charges. Someone will pay 35% of his or her profits as EMI. As Mr. Krishnan Subramanian, vice-president of India Infoline Ltd. Thinks, for lots of these debtors, the current hike could now not be protected by means of their current EMI. The quantity might be either extended or restructured. This, in turn, could have an effect on the spending energy of the borrowers. A Loan, which had tenure of sixteen years while it commenced 3 years back, might now be prolonged to 18 years.

For a forty three-year vintage individual, a 17-12 months reimbursement might have made her or him freed from the Loan by the time of retirement. Now, because of the accelerated tenure, he or she can need to convey the load even after retirement.

The situation is in particular complicated for new borrowers, as Mr. Krishnan mentioned. due to the multiplied Assets costs and Hobby Quotes, they’ll ought to pass for a smaller residence or choose a far flung location to live within their finances. most of the specialists suggest to tread carefully for coming three months and to reduce the leverage as an awful lot as feasible. Keeping money for emergency, every borrower Should try to repay as a great deal as viable to maintain the state of affairs under control.these new hikes are going to returned maintain the growth the home Mortgage and India Property quarter experienced. As according to Mr. Manoranjan Sharma, chief economist of Canara financial institution, developers could be feeling unsecured to take loans for launching new tasks. Banks, however, could be extra meticulous on doling out loans because of the confined resources. Banks are anticipated to have greater defaulters, he adds. The demand in actual property India is step by step Increasing. but the affordability is diminishing because of Growing Belongings prices and rate of Interest. As Mr. Sabharwal puts it, the actual property India enterprise will be experiencing renewed demand if the expenses get corrected or the price of Hobby comes down in close to future. Homebuyers Should additionally be organized for a few greater such up and down swings in their long tenure of repayment lasting for 20 to 25 years.

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