H.No.11-14-130, Janapriya Gardens,Haripuri Colony, Saroornagar, R.R.District Hyderabad -500035 (Regd.No.1316/2010)
Monday, 27 December 2010
Sunday, 12 December 2010
MHRD finalizes scheme for interest subsidy for education loans
New Delhi: The ministry of Human ResourceDevelopment (HRD) has finalized the modalities for the implementation of a newcentral scheme to provide full interest subsidy during the period of moratoriumon educational loans for students belonging to economicallyweaker sections (with parental family income from all sources of less thanRs.4.5 lakh annually).
The loans will be provided by scheduled banks under the Educational Loan Schemeof the Indian Banks' Association (IBA) for pursuing courses in professional ortechnical streams from recognized institutions in India.
The modalities have been finalized in consultation with IBA. The scheme iseffective for all IBA approved educational loans sanctioned in the form ofeligible students' in respect of approval course of studies from the academicyear 2009-10.
"Under the scheme, proof of income is required to be certified byauthorities to be designated by the state governments. Accordingly, theministry has written to all Chief Secretaries of states and union territoriesto intimate the designated authority/authorities (at thedistrict/sub-district/block etc. levels) to the District Level ConsultativeCommittee (DLCC) so that banking authorities at the branch level where studentswould be approaching for availing the benefit of the scheme would be aware ofthe same," an official press release said.
All scheduled member banks of the IBA have also been advised to take necessaryaction to adopt and implement the scheme so its benefits accrue to the eligiblestudents.
Canara Bank is the nodal bank, for the member banks of IBA, for claimingreimbursement of interests credited to student accounts.
All eligible students who wish to avail of the benefits of the scheme areadvised to approach the respective bank branch from where they availed of theeducation loan and complete the necessary formalities.
These include obtaining the certification in respect of annual family incomefrom the competent authority at the block, tehsil or district level, so thatthe individual student accounts can be credited with the interest due on theloan for the academic year 2009-10 onwards.
The loans will be provided by scheduled banks under the Educational Loan Schemeof the Indian Banks' Association (IBA) for pursuing courses in professional ortechnical streams from recognized institutions in India.
The modalities have been finalized in consultation with IBA. The scheme iseffective for all IBA approved educational loans sanctioned in the form ofeligible students' in respect of approval course of studies from the academicyear 2009-10.
"Under the scheme, proof of income is required to be certified byauthorities to be designated by the state governments. Accordingly, theministry has written to all Chief Secretaries of states and union territoriesto intimate the designated authority/authorities (at thedistrict/sub-district/block etc. levels) to the District Level ConsultativeCommittee (DLCC) so that banking authorities at the branch level where studentswould be approaching for availing the benefit of the scheme would be aware ofthe same," an official press release said.
All scheduled member banks of the IBA have also been advised to take necessaryaction to adopt and implement the scheme so its benefits accrue to the eligiblestudents.
Canara Bank is the nodal bank, for the member banks of IBA, for claimingreimbursement of interests credited to student accounts.
All eligible students who wish to avail of the benefits of the scheme areadvised to approach the respective bank branch from where they availed of theeducation loan and complete the necessary formalities.
These include obtaining the certification in respect of annual family incomefrom the competent authority at the block, tehsil or district level, so thatthe individual student accounts can be credited with the interest due on theloan for the academic year 2009-10 onwards.
Sunday, 5 December 2010
CWP No. 21573 of 2010 FILED IN PUNJAB & HARYANA COURT
Group 'X' SGTs technical tradesmen of Indian Air Force who retired prior to 10-10-1997 were not considered as Diploma Holders by the PCDA (P) vide their circular No. 430 dated 10-03-2010. PCDA (P) Allahabad created two table No.111 & 112. Table No. 111 for the pre-10-10-1997 group "X" SGTs & another table No. 112 for group "X" SGTs diploma holder post-10-10-1997 retirees illegally. Ex-SGT Raj Pal Malik filed the CWP No. 21573 of 2010 in the Hon'ble Punjab & Haryana High Court Chandigarh and the Hon'ble High Court was pleased to issue the notice for 16-12-2010.
Saturday, 27 November 2010
Wednesday, 24 November 2010
Tuesday, 23 November 2010
One Rank One Pension for ex-servicemen
One Rank One Pension for ex-servicemen The Parliamentary Standing committee on Defence has urged the government to reconsider the demand of “One Rank One Pension” for the ex-servicemen. The Parliamentary Standing Committee on Defence (15th LOK SABHA) on 1st and 7th Reports reiterated that the Government should consider the issue of ‘One Rank One Pension’ afresh. Since the issue of One Rank One Pension was not accepted in the past and more recently the Cabinet Secretary’s Committee set up to consider it also did not recommend the same, it has not been found feasible to accept the demand of One Rank One Pension. In the case of Original Application No. 15 and 45/2010 the Armed Forces Tribunal, Chandigarh had passed the order dated 3.3.2010 with directions to the respondents to take final decision in the matter. The said order was examined and speaking orders explaining the position were issued on 10.07.2010 to the petitioners. This information was given by Minister of State for Defence Shri MM Pallam Raju in a written reply to Shri Vilas Muttemwar and others in Lok Sabha today.
Friday, 29 October 2010
VERY IMPORTANT JUDGMENT BY HON'BLE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
The Punjab & Haryana High Court has delivered a judgment in favour of all the Ex-Airmen retired with Diploma Certificate and have put up 10 years service in the appropriate field to be treated on par with Degree holders in that branch. For the order CLICK HERE.
Sunday, 24 October 2010
EC meeting on 24.10.2010
There will be an Executive Committee Meeting on 24.10.2010 at 5 p.m. at Tejaswi Car Coats. All the Executive Committee Members are requested to attend the same without fail.
Agenda;
1.Get together to be condusted in Nov/Dec 2010.
2. Next General Body Meeting.
General Secretary.
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Agenda;
1.Get together to be condusted in Nov/Dec 2010.
2. Next General Body Meeting.
General Secretary.
javascript:void(0)
Tuesday, 28 September 2010
Thursday, 16 September 2010
DA/DR hike of 10% is Approved by Cabinet w.e.f.1.7.2010 to Employees and Pensioners
Release of additional instalment of dearness allowance to Central Government employees and dearness relief to Pensioners due from 1.7.2010
The Union Cabinet today decided to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2010 representing an increase of 10% over the existing rate of 35% of the Basic Pay/Pension, to compensate for price rise.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.
The Union Cabinet today decided to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2010 representing an increase of 10% over the existing rate of 35% of the Basic Pay/Pension, to compensate for price rise.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.
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