55000 Indian villages have no mobile coverage, says the Minister.

 

Even after 20 years of launch of mobile services in the country, around 55,669 villages do not have mobile coverage till now.

“It is estimated that there are 55,669 villages in the country that do not have mobile coverage,” Telecom Minister Ravi Shankar Prasad said in a written reply to the Rajya Sabha.

Asked if even after 20 years of launching the mobile services in the country, there are around 56,000 villages where mobile telephone service has not reached so far, the Minister said “Yes”.

Prasad said mobile service to uncovered villages in the country are likely to be provided in a phased manner over a period of five years with funding from universal service obligation fund (USOF).

“Detailed project report consisting of technical framework and cost estimates for Himalayan states (Himachal Pradesh, Jammu and Kashmir and Uttarakhand) is under preparation,” he said. (Press Report)

 

ROUNDING OFF OF A FRACTION OF RUPEE IN REGULATION OF ADDITIONAL PENSION- DPPW ORDER.

 

No.38/8/15-P&PW(A)
Government of India
Ministry of Personnel, PG & Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhawan
Khan Market, New Delhi-110 003.

Dated the 16th April, 2015

Office Memorandum

Subject:  Rounding off of a fraction of a rupee in regulation of additional pension -DPPW Order

The undersigned is directed to say that vide this Department’s OM No.38/37/08-P&PW(A) dated 1.9.2008 and OM No.38/37/08-P&PW(A) dated 2.9.2008. Instructions were issued for grant of additional pension/family pension @ 20% to 100% pensioners/family pensioners of the age of 80 years and above.

2. A question has been raised as to how the amount of additional pension is to be regulated in case the additional pension results in fraction of a rupee. The matter has been examined in consultation with Ministry of Finance (Department of Expenditure) and it has been decided that the amount of additional pension as finally calculated may be rounded off to the next higher rupee. In cases where the pension/family pension of old pensioners has been fixed/revised without rounding off the additional pension, in those cases also, the additional pension may be rounded off to the next higher rupee hereinafter. However, no arrears for the period from 1.1.2006 on account of such rounding off would be paid in those cases.

3. This issues with the approval of Ministry of Finance (Department of Expenditure) ID No.157/EV/2015 dated 30.3.2015.

(S.K. Makkar)
Under Secretary to the Government.

NEPAL SHATTERED IN A MAJOR EARTH QUAKE-HUNDREDS FEARED KILLED.

In a massive earth quake that hit Nepal just before noon today hundreds of people are killed and many more are reported to be trapped in the collapsed buildings. The exact number of loss of lives are yet to be known and there have been extensive collapse of many buildings including heritage buildings. Rescue operations are going on and all possible help should be extended to the people of Nepal at this hour of distress.

In India also the tremor has caused 34 lives lost and many injured in Uttar Pradesh, West Bengal and Bihar.

AIBDPA share the grief and agony of the  people affected and condole the deaths of hundreds of people in the earth quake. 

EPFO TO INVEST 5% PENSION FUND IN STOCK MARKET.

 

The Labour Ministry has directed the EPF Organisation to invest up to 5% of the EPF corpus in the stock market in this financial year 2015-16. The EPFO is having a fund corpus of about lakhs of crores of rupees. In  2015-16 alone it is expected that the deposit will be around Rupees one lakh crore.

Investing in stock market is risky, since there can be up and down. The Central Trade Unions have been strongly opposing investing in stock market due to this risk. But the BJP led government is determined to put the fund at the disposal of the corporates, which had liberally donated to its election funds.

Strong protest should come from the trade unions against this anti-worker decision.