Old Pension Scheme benefits for 13,000 employees in Karnataka: CM Siddaramaiah
Bengaluru: The Karnataka government Wednesday issued a notification to bring about its 13,000 employees, who were notified before April 1, 2006 but were appointed at a later date, under the Old Pension Scheme. Chief Minister Siddaramaiah posted on 'X' that he had made this promise to the government employees on a strike against the new pension scheme.
"Before the election, I visited the place where the employees were on a strike against the NPS and promised them to fulfil the demand after we come to power. I hope this decision has given comfort to all the families of 13,000 employees under NPS," he said.
Under the old pension scheme, a government employee is entitled to a monthly pension after retirement. The monthly pension is typically half of the last drawn salary of the person.
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Under the new pension scheme, employees contribute a portion of their salaries to the pension fund. Based on that, they are entitled to a one-time lump sum amount on superannuation.
The old pension scheme was discontinued in December 2003, and the new pension scheme came into effect on April 1, 2004.
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LS passes bill to open up nuclear sector for private participation
New Delhi (PTI): Lok Sabha on Wednesday passed the nuclear energy bill with Union minister Jitendra Singh asserting that it would help India achieve its target of 100 GW atomic energy generation by 2047.
The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, which seeks to open the tightly-controlled civil nuclear sector for private participation, was passed by voice vote amid a walkout by the opposition.
Singh termed the bill a "milestone legislation" that will give a new direction to the country's developmental journey.
"India's role in geopolitics is increasing. If we have to be a global player, we have to follow global benchmarks and global strategies. The world is moving towards clean energy. We too have set a target of 100 GW of nuclear energy capacity by 2047," he said.
The opposition contended that the bill diluted provisions of the Civil Liability for Nuclear Damage Act, 2010 that passed on the liability for a nuclear incident on to the suppliers of nuclear equipment.
