'Panch sau ka josh' third edition poster released at Vikas PU College
Mangaluru: Poster releasing ceremony of "Paanch Sau ka Josh" an event aimed at developing economy of the nation through industrial revolution was held at Vikas PU College in Mangaluru on Saturday, November 1.
Chief Guest of the event Dr. Ismail, Rtd. Principal of Badriya PU College released the poster.
"Make in India, a type of swadeshi movement covering many sectors of Indian Economy was launched by the Government of India on 25th September 2014 under the leadership of our Prime minister Narendra Modi to encourage production and usage of indigenous products of India.
This programme is aimed at development of Economy of the nation through Industrial revolution by means of latest sophisticated technology" a press release from the organisers added.
In this regard Paanch sau ka josh was held previously in the form of model making competition for the students of various high schools of Karnataka.
Third edition of the programme will be held at Udupi and Dakshina Kannada District levels on 21st and 23rd November respectively.
Model making competition will be conducted for 9th and 10th standard students of high schools in Science, Commerce and Arts categories.
“A Seed fund of Rs 500 will be given to each team and each school can have a maximum of five teams. Each team consists of three members. All these teams are expected to develop innovative, aesthetically brilliant and creative models by only using this seed fund which will benefit society and nurture the students’ potential. The programme will give hands on experience to the students to help them select the right course on completion of their class 10." the organisers added.
J Korgappa and Suraj Kumar Kallya, trustees, Vikaas Education Trust, Parthasarathy Palemar, Coordinator, Vikaas Group of Institutions, Dr. Suneel. B.M, Principal, Vikaas Pre- University College, Ayshwarya .K, principal Vikaas First Grade College, Shobha P., HOD, Department of Kannada were present on the occasion.
Mr. Ajith Rai, Lecturer in Kannada hosted the program.
Students who are interested to participate in the competition are requested to register their names with the coordinators the programme on contact numbers:
9731289934,9483366770,9900865792 (Dakshina Kannada )
9900751013,9483366770,9611667787(Udupi)
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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.
