More private fund managers for EPFO.

16 Thursday Apr 2015

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One more Private Fund Manager has been approved by the Central Board of Trustees for the Employees Provident Funds for the next three years from this financial year. The new Fund Manager is UTI AMC. The earlier 4 Fund Managers are SBI, ICICI Securities PD Limited, Reliance Capital AML and HSBC AMC. SBI is only the government/PSU Fund Manager.

EPFO has got a corpus of over Rs. 6.5 lakh crore and the major part will be going to the  private Fund managers. The safety of the hard earned money of the PF subscribers are in danger.

Allegations of Corruption against former Civil Aviation Minister Praful Patel

16 Thursday Apr 2015

Posted by in Neo-liberal policy, PSU

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The Supreme court has asked the CBI to submit the details of its probe against former Civil Aviation Minister Praful Patel, who has ordered  a large number of 111 air-crafts for Air India, gave preferential routes to private companies taking them from Air India and the merger of Air India – Indian Airlines.

In fact, these are some of the wrong decisions which have been taken by then Civial Aviation Minister which made Air India in to loss and turmoil. I have pointed out these issues several times. PSUs are being dealt with as their kingdom by the Ministers who wants to maximum benefit personally.

Let the inquiry be over so that we will know the extent of the corruption.

CMD BSNL meets Forum leaders on 17-04-2015 to discuss strike issues.

16 Thursday Apr 2015

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The CMD BSNL has called the Forum of BSNL Unions and Associations to discuss the strike demands at 04.00 PM on 17 April 2015. All General Secretaries are expected to participate. The first meeting will be with the Forum representatives and the next will be with the BSNLCCWF.

Customer Service – Circular CMD BSNL

16 Thursday Apr 2015

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CMD BSNL, Shri Anupam Shrivastava, has issued a circular to all the CGMs and GMs stressing the importance of better Customer Care.
We appreciate the concerns of the CMD. This has been the same concern the Forum had raised continuously. All the top- middle executives as well as the non-ececutives should jointly work for giving a better service to the customer

Cabinet Note prepared for Minimum Pension of Rs. 1,000.

15 Wednesday Apr 2015

Posted by in AIBDPA - BSNL DOT Pensioners, General

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The strong protest from the Central Trade Unions has compelled the government to take immediate action for the restoration of Rs. 1,000 as Minimum Pension  to those in the EPS Scheme. Many of these EPS subscribers were  getting much less than Rs.1,000 as pension. After  sustained efforts of the trade unions, the government increased the minimum pension to Rs. 1,000 but for one year only, which is over by March 2015. The protest from the CTUs has some result. A cabinet note is being prepared for issue of orders for Rs. 1,000 as Minimum Pension in perpetuity. The orders should be issued before 30th April so that the existing  pension is not reduced.

Cuba out of terror list of US

15 Wednesday Apr 2015

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ameri_2370616fAfter the meeting of US President Barak Obama and Cuban President Raul Castro at the Americas Summit, one more obstacle for better relations has been removed.  US government has declared that it is removing Cuba from the list of terrorist supporting countries. It is a good development.

Vishu, Bihu, Bysakhi, New Year Day – The Festivals all over India

15 Wednesday Apr 2015

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To day is a day of festivals all over India. It is a time when all the members of the family away from home come together and celebrate the festivals.

I do not know how it happens. But it is a fact that most of these festivals, I am somewhere on tour and away from family. This time also the same.

I have to be careful in future.

21st Party Congress of CPI(M) started at Visakhapatnam

14 Tuesday Apr 2015

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The 21st Party Congress of CPI(M) started at Visakhapatnam today, 14th April, with the flag hoisting by Com. Mohd. Amin, senior leader of the Party. The Congress was inaugurated by Com. Prakash Karat, General Secretary CPI(M).

The meeting will continue up to 19th April. CPI(M) is the biggest party of the Left in India. The weakness of the party and its shortcomings in the last few years will be discussed and decision taken to strengthen the party.

Greetings and Best Wishes on the eve of Vishu, Bihu, Tamil New Year Day, Vaishaki

14 Tuesday Apr 2015

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My Hearty Greetings and Best Wishes to all on the occasion of festivals Vishu, Bihu, Tamil New year day, Vaisakhi and other connected festivals in the various states in the country!