Archive for May, 2010

AIRF-ITF National Safety Seminar – 2-3 June, 2010, Secunderabad

AIRF-ITF National Safety Seminar – 2-3 June, 2010, Secunderabad

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Railway Revenue Earnings up By 7.94 Per Cent During the Period 1st – 10th May 2010

What about our OT, Grade Pay, Mileage Rate, Mileage Arrears, Tax Free Rebate 15000, Additional Allowance, MACP, Ist Class Pass ?

 

Railway Revenue Earnings up By 7.94 Per Cent During the Period 1st – 10th May 2010

The total approximate earnings of Indian Railways on originating basis during the period from 1st to 10th May 2010 were Rs. 2384.21 crore compared to Rs. 2208.83 crore during the same period last year, registering an increase of 7.94 per cent.

The total goods earnings have gone up from Rs. 1500.00 crore during the period from 1st to 10th May 2009 to Rs. 1634.00 crore during 1st May – 10th May 2010, showing an increase of 8.93 per cent. The total passenger revenue earnings during the period 1st to 10th May 2010 were Rs. 664.80 crore compared to Rs. 629.44 crore during the same period last year, reflecting an increase of 5.62 per cent. The revenue earnings from other coaching amounted to Rs. 64.96 crore during this period compared to Rs. 63.09 crore during the same period last year, showing an increase of 2.96 per cent.

The total approximate number of passengers booked during the period 1st to 10th May 2010 were 218.59 million compared to 201.10 million during the same period last year, showing an increase of 8.70 per cent. In the suburban and non-suburban sectors, the number of passengers booked during 1st to 10th May, 2010 were 113.92 million and 104.67 million compared to 100.57 million and 100.53 million during the same period last year, registering an increase of 13.27 per cent and 4.12 per cent respectively.

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National Safety Seminar SC

National Safety Seminar SC

National Safety Seminar SC

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A brilliant new Chinese train innovation – get on & off the bullet train without the train stopping

The train that never stops at a station

A brilliant new Chinese train innovation – get on & off the bullet train without the train stopping.  VERY COOL CONCEPT !

No time is wasted. The bullet train is moving all the time. If there are 30 stations between  Beijing and  Guangzhou , just stopping and accelerating again at each station will waste both energy and time.
A mere 5 min stop per station (elderly passengers cannot be hurried) will result in a  total loss of 5 min x 30 stations or 2.5 hours of train journey time!
How it works:

1. For those who are boarding the train : The passengers at a station embarks onto to a connector cabin way before the train even arrives at the station. When the train arrives, it will not stop at all. It just slows down to pick up the connector cabin which will move with the train on the roof  of the train.
While the train is still moving away from the station, those passengers will board the train from the connector cabin mounted on the train’s roof. After fully unloading all its passengers, the cabin connector cabin will be moved to the back of the train so that the next batch of outgoing passengers who want to alight at the next station will board the connector cabin at the rear of the train roof.
2. For those who are getting off: As stated after fully unloading all its passengers, the cabin connector cabin will be moved to the back of the train so that the next batch of outgoing passengers who want to alight at the next station will board the connector cabin at the rear of the train roof. When the train arrives at the next station, it will simply drop the whole connector cabin at the station itself and leave it behind at the station. The outgoing passengers can take their own time to disembark at the station while the train had already left. At the same time, the train will pick up the incoming embarking passengers on another connector cabin in the front part of the train’s roof. So the train will always drop one connector cabin at the rear of its roof and pick up a new connector cabin in the front part of the train’s roof at each station.

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The Central Government have approved Jeevan Akshay-VI Plan eligible for deduction under section 80C

Jeevan Akshay-VI approved for I-T deduction
The Central Government have approved Jeevan Akshay-VI Plan of the Life Insurance Corporation of India as an annuity plan eligible for deduction under clause (xii) of sub-section (2) of section 80C of the Income Tax Act, 1961.
Persons who have invested in this plan during the financial year 2007-08 or subsequently (relevant assessment year being 2008-09 and subsequent assessment years) will be eligible for deduction of the amount invested from their total income chargeable to income tax. The benefit will, however, be limited to the overall ceiling of Rs.1,00,000 available for deductions under section 80C.

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CCOR / PCOR Promotion Repatriation order Office Order No 29/2010 Dated: 19/05/2010

CCOR PCOR Order

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Central employees are likely to get at least 9% Dearness allowance with effect from 01.07.2010

Central employees are likely to get at least 9% Dearness allowance with effect from 01.07.2010

As per the figures available from Labour Bureau, Government of India it can be assumed that 9% DA hike can be assumed from June 2010, provided the All India Consumer Price Index (AICPI) doesn’t come  down from current level.
The DA from June 2010 can be 45%.
This is calculated assuming that the All India Consumer Price Index (AICPI) remains unchanged at 170 During April to June, which are yet to be announced.
These figures for January 2010 was 172 and came down to 170 during February and remained same at 170 for March.
Source : Labour Bureau, Govt. of India.

Month

Year

CPI

Total for 12 months

Average

App. DA

DA

June

2009

153

1776

148.00

27.84

27

July

2009

160

1793

August

2009

162

1812

Sep

2009

163

1829

Oct

2009

165

1846

Nov

2009

168

1866

Dec

2009

169

1888

157.33

35.91

35

Jan

2010

172

1912

Feb

2010

170

1933

Mar

2010

170

1888

Apr

2010

170

1975

May

2010

170

1994

June

2010

170

2011

168.42

45.48

45

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