Mangaluru: Harbored boat sinks into sea as miscreant cut ropes
Mangaluru: A fishing boat that was harbored at old port of Mangaluru drowned after the rope it was tied with was cut down by unidentified people. The boat went floating in the waters and collided with rocks before getting damaged and drowning.
The boat reportedly belongs to Morris, a resident of Bajal locality of the city. Morris suspects that miscreants cut the rope of the boat after which the boat sunk.
The boat was completely damaged after it collided with rocks and later sunk into the sea and all the attempts of bringing it to the shores with the help of locals failed.
Morris then lodged a complaint with police and urged them to find the culprits who cut the rope of the boat resulting in loss worth lakhs of Rupees to him.
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Karnataka government employees demand return of Old Pension Scheme
Bengaluru: Government employees in Karnataka have urged the state government to scrap the New Pension Scheme (NPS) and bring back the Old Pension Scheme (OPS), The New Indian Express reported.
The demand was made by the Karnataka State Government Employees’ Association, whose leaders met senior IAS officer Uma Mahadevan on Monday and submitted a memorandum. The association asked the NPS Review Committee, headed by senior IAS officer Anjum Parvez, to recommend the reintroduction of OPS in the state.
Association president C.S. Shadakshari reportedly said the review committee has already visited Rajasthan, Himachal Pradesh, Andhra Pradesh and Telangana where NPS was revoked and OPS re-implemented. The committee is yet to submit its report, but has told the government it will do so soon.
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Shadakshari allegedly said NPS has been in force in Karnataka since 2006. He pointed out that West Bengal never adopted the scheme, while Andhra Pradesh and Telangana replaced NPS with a contributory pension model.
States including Rajasthan, Chhattisgarh, Himachal Pradesh, Punjab and Jharkhand have already scrapped NPS through cabinet decisions or budget announcements.
“Under NPS, 10% of the employees’ basic salary and DA, and 14% contribution from the state is credited to the employees’ fund. It constitutes 24% of the total which is non-withdrawable. This is invested in the share market and the final amount depends on the ups and downs of the market,” TNIE quoted Shadakshar as saying.
As per the report, he said that by limiting its contribution to 14%, the government could save up to ₹1.87 lakh crore annually if all vacancies are filled, strengthening the case for bringing back the old pension system.
