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Old Pension Scheme (OPS) in India was abolished as a part of pension reforms by Union Government.Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness Allowances (DA) etc. OPS was an unfunded pension scheme financed on a pay-as-you-go (PAYG) basis in which current revenues of the ...
A state-owned enterprise (SOE) is a government entity which is established or nationalised by a national or provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price, implement government policies, and/or to deliver products ...
The Government of Jharkhand also known as the State Government of Jharkhand, or locally as State Government, is the supreme governing authority of the Indian state of Jharkhand and its 24 districts. It consists of an executive, led by the Governor of Jharkhand, a judiciary and a legislative branch. Like other states of India, the head of state ...
Non-Government Employee Retirement Benefits Board was established in 2002 to provide and manage the pensions of non government teachers. [2] After retirement teachers receive welfare and retirement benefit from the board. According to the rules of the board teachers retire at 60 and can start receiving their benefits.
He studied till Grade 10 in a government school before entering politics. He has seven children. Career. Soren is a seven-time MLA. He was first elected from Seraikella in 1991 and served two-terms in the Bihar Legislative Assembly till 2000. During the separate Jharkhand state movement, he became a member of the Jharkhand Mukti Morcha (JMM).
His successor Arjun Munda, also from the BJP, is the longest-serving chief minister; he served for over five years, across three terms but never completed a full term. Three chief ministers, Shibu Soren, his son Hemant Soren, and Champai Soren, represented the Jharkhand Mukti Morcha (JMM). Shibu Soren's first term ended in just ten days, as he ...
The terms "Union government", "central government" and "bhārat sarkār" are often used officially and unofficially to refer to the government of India. [citation needed] The term New Delhi is commonly used as a metonym for the Union government, as the seat of the central government is in New Delhi. Legislature
In November 2009, the as CAG, he requested the government to amend the 1971 Audit Act to bring all private-public partnerships (PPPs), Panchayati Raj Institutions and societies getting government funds within the ambit of the CAG. The amendment further proposes to enhance CAG's powers to access information under the Audit Act.