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
February 24,2020

Shivamogga, Feb 24: Karnataka Chief Minister B S Yediyurappa on Monday said that he has been invited at the banquet hosted for US President Donald Trump at Rashtrapathi Bhavan on Tuesday, but, he is yet to decide on his presence.

“I have been invited, but I have various engagements and work, let’s see. I have not yet decided on what to do. It is true that I got the invitation,” he told reporters here.

"President of a powerful and rich country like United States of America visiting India is not a normal thing. He (Trump) has said that he personally shares good relationship with Prime Minister Modi and has confidence in him…let’s wait and see", Mr Yediyurappa said in reply to a question.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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coastaldigest.com news network
July 27,2020

Udupi, Jul 27: Karnataka chief minister B S Yediyurappa has appointed BJP leader Lalaji R Mendon as the new chairman of the State Backward Classes Commission.

Mendon is a three-time MLA from the Kapu Assembly constituency. During his second term as MLA, he was the Director in Konkan Railway’s Board.

Mr Yediyurappa has appointed 24 MLAs to different corporations in the state. Mendon is only one from coastal Karnataka.

Mendon is the only MLA representing BJP from fishermen's community. He was the president of Kaup unit of BJP Yuvamorcha. He also served as the state BJP secretary.

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