Pension plan for expatriates in Dubai soon

[email protected] (News Network)
March 25, 2012

pension

Dubai, March 25: Expatriates in both the private and public sectors in Dubai could soon avail of pension scheme.

A feasibility study called 'Project Pensions Fund' will be completed by the year-end, according to a top official of the Department of Economic Development in Dubai (DED).

The study is the first step towards implementing a pension scheme, according to Ali Ibrahim, Deputy Director-General, Planning and Development Affairs, DED.

"The department is currently in talks with both local and federal entities as well as authorities of other emirates and organised a workshop to discuss the mechanisms involved in its implementation," he added.

Since it is a first-of-its-kind undertaking, the project will be implemented in phases, said Ali Ibrahim.

The first phase will include big companies in both public and private sector that are already offering pensions for its employees.

The project will be gradually extended across the UAE with the support of the Ministry of Labour, he added.



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coastaldigest.com news network
August 3,2020

Bengaluru, Aug 2: A total of 5,532 new cases of COVID-19 and 84 deaths were reported in Karnataka in the last 24 hours, the state's health department informed on Sunday.

With this, the Karnataka's COVID-19 tally now stands at 1,34,819 positive cases, including 74,590 active cases and 57,725 discharges.
So far, 2,496 deaths have been reported from the state.

India's COVID-19 count on Sunday crossed the 17 lakh-mark with 54,736 positive cases and 853 deaths reported in the country.

"The total COVID-19 cases stand at 17,50,724 including 5,67,730 active cases, 11,45,630 cured/discharged/migrated and 37,364 deaths," said the Union Health and Family Welfare Ministry.

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News Network
February 18,2020

Kasaragod, Feb 18: Police have seized counterfeit notes of Rs 45 lakh from a resident here on Tuesday.

The accused Muhammed, a native of Perla, has been taken into custody for carrying the prohibited currency and the police is investigating the crime.

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News Network
April 8,2020

Bengaluru, Apr 8: Heavy rain lashed Belthangady taluk in Dakshina Kannada district and parts of Udupi district on Tuesday providing much-needed relief to the people from the sultry heat.

Belthangady, Guruvayanakere, Madantyaru, Venoor, Naravi and surrounding areas received rain coupled with lightning and thunder. 

Rain also lashed Karkala, Kundapura, Kollur, Siddapura, Gangolli, Hemmady, Uppunda, Shiroor, Hebri and surrounding areas in Udupi district.

Parts of Malnad --- Koppa, Balehonnur and NR Pura taluks in the neighbouring Chikkamagaluru district --- received good rainfall coupled with lightning and thunder.

The rain has brought a smile on the face of coffee growers as it will help in the blossoming of the flowers in coffee plants.

In Kodagu district, heavy rain lashed Madikeri, Hudikeri, Ponnampet, Srimangala, Siddapura, Galiubeedu, Bapoklu, Talacauvery and Bhagamandala.

Parts of Mysuru city and district, Chamarajanagar, and Hassan received a good spell of rain on Monday night, bringing down the mercury levels.

Heavy rain lashed T Narasipur taluk in Mysuru district and the Kothegala Gram panchayat limits received 7 cm rainfall. Karya village in Nanjangud taluk received 5 cm rainfall.

Male Mahadeshwara Hills in Chamarajanagar district received good rain in the evening. 

Meanwhile, the Agriculture Research Station at Naganahalli has predicted thunderstorms, on April 7 and 8 in the region. The research centre recorded 12 mm rain on Sunday night and 22.5 mm on Monday midnight. 

Moderate to heavy rain, accompanied by strong wind and lightning, lashed some parts of Shivamogga district, including Ripponpet, Sorab, Bhadravathi, Thirthahalli, Sagar
and Shikariput. 

Bhatkal in Uttara Kannada district received heavy rain from 4 to 7 pm. The town had also received the rain for about half-an-hour in the morning.

Hosapete town and the surrounding villages also received the rain. At some places, the rain brought down the branches of the trees. The rain has cooled the mercury level at Hosur, Nagenahalli, Basavadurga, Kamalapur, Hampi and other villages in Hosapete taluk. 

Rain also lashed several places in Ballari district, including the Ballari city. Rain, accompanied by hailstones, brought cheers to the people at Kottur. 

Meanwhile, rain and hailstones have destroyed the standing paddy crop in hundreds of acres of land at Maraladinni, Katagal, Uskihal, Belladamaradi and other villages in Maski taluk of Raichur. The farmers are waiting to harvest the crop.

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