Pre-poll gift: Karnataka staff set for 24-30% hike, one more day off

TNN
January 27, 2018

Bengaluru, Jan 27: Come February, government employees in Karnataka are expected to receive a pre-poll bonanza from the Congress-led administration. The state government is likely to announce a 24-30% pay hike for its 6.2 lakh employees and pensioners in the budget, and introduce holidays on alternate Saturdays in government offices.

The decision is a bid to address demands for a five-day week and a pay scale on par with that for central government employees. Currently, state government employees have a six-day week with an additional off every second Saturday of the month. The government will now likely make the fourth Saturday a holiday too, in tune with the schedule for nationalised banks.

"To ensure this does not lead to a decrease in work hours, the government is toying with the idea of extending office hours on the first and third Saturdays," said a senior official of the state department of personnel and administrative services (DPAR).

Responding to demands from employee associations, chief minister Siddaramaiah had, in the last budget, announced a committee headed by retired IAS officer M R Srinivasa Murthy to recommend increase in salaries and pensions. "We are in the process of finalising the report... We will submit it soon since the CM fixed January 31 as the deadline," Murthy said.

While government employees are hoping the CM opts for a hike in the 30-35% slab, sources said the government may go for a 24-30% increase. The move is estimated to cost the exchequer Rs 10,800 crore. At the fag end of the tenure of Karnataka's previous administration, led by BJP, the then chief minister D V Sadananda Gowda had hiked pay by 22%. "We cannot afford to offer anything less than what BJP offered," said a senior state minister, an indication that the new hike would be higher.

Comments

Suresh Kumar
 - 
Saturday, 27 Jan 2018

Fighting for survival-----WIthdrawing all criminal cases against muslims------now pay hike of government employees--------more freebies--------nothing from his pocket all government money----------freebies is nothing but bribe------they don''t have anything to show in terms of development -------compenesating for it

Babu Gowda
 - 
Saturday, 27 Jan 2018

Blanket bribes to the bureaucracy that already is used to taking bribes for decades! Typical elitist Congress politics to retain their strangle hold by paying the least deserving with money looted from the most deserving.

Ravi
 - 
Saturday, 27 Jan 2018

Congress Governments are habitual offenders - when they know they are not coming back to power, they destroy the financial conditions so that the next government is unable to deliver. MODI & Vajpayee has to face the same in center, and all state governments that changed over to BJP from congress have to undergo the same torture.

Unknown
 - 
Saturday, 27 Jan 2018

Shameless siddu and media. These people blamed Jayalalitha while she was giving "pre-poll gifts"

Naveen Poojary
 - 
Saturday, 27 Jan 2018

Govt making them again and again laziest people. Now they are getting good salary+incentives. And for winning in poll, given again

Sangeeth
 - 
Saturday, 27 Jan 2018

Suppose, it was given by BJP govt then CD will report it as bribe. #StopDoubleStandard

Yogesh
 - 
Saturday, 27 Jan 2018

This is not gift. This is bribe for electing him again. Shame on you Siddu

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News Network
January 13,2020

Bengaluru, Jan 13: A criminal case was registered against two persons for allegedly defaming Chamarajpet MLA BZ Zameer Ahmed Khan by posting defamatory comments against him on Facebook.

Police registered a case based on a complaint filed by the MLA's staffer, Mohammed Ayub Pasha, on Friday. The suspects were identified as Sharath ITI and Sri Rushikumar Swamiji, based on the profile names in the Facebook posts.

Case under IT Act

Pasha said he found the defamatory posts against Zameer and the community when he was checking his Facebook account. Chamarajpet police registered a case under the provisions of IPC and IT Act and are tracing the suspects.

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News Network
July 16,2020

Bengaluru, Jul 16: Eminent theatre personality and renowned vocalist Dr Subhadramma Mansur who had won many awards including the prestigious Karnataka Rajyotsava award died on Wednesday night, according to her family.

She was 81 and is survived by two sons and a daughter.

The family said she developed severe respiratory problems last night following which she was rushed to hospital, but died on the way.

Condoling her death, Chief Minister B S Yediyurappa said Dr Mansur had contributed to the theatre world for five decades. He also recalled her devotion to music as an eminent vocalist.

"I pray for her soul to rest in peace and strength to the family to bear the irreparable loss," the Chief Minister said in his message posted on Twitter.

The veteran theatre personality from Ballari earned recognition for her roles in mythology-based dramas.

Connoisseurs of stage performances recall her memorable portrayal of Draupadi, a character from the Mahabharata.

Her depiction of Hemareddy Mallamma left a deep imprint on the audience.

Many awards were bestowed on her including the Rajyotsava Award, Nataka Akademi and Gubbi Veeranna Award and an honorary doctorate by the Srikrishna Devaraya University

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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