Corporate tycoons decide Union budget'

March 7, 2011

Mangalore, March 7: It is the corporate tycoons who run the government and decide the strategies and allocation of funds in the budget in India, said Deepankar Mukharjee, All India Secretary of CITU and Member of Central Board of Trustees (CBT).

He was speaking at District Convention of Karnataka State Provident Fund Pensioners Association (PFPA) on Monday at Town Hall here.

The Union government has allotted a meager amount of Rs 1600 crores in the recently announced budget for the social security fund for the labourers, while Rs 5 crores tax exemption has been made for the corporate tycoons or industrialists, he said, adding that a total of Rs 11,000 crores of direct tax has been exempted for these tycoons.

The pension is supposed to be social security scheme in this civilized world. However, it is disheartening that the government allots a pittance amount to the pensioners neglecting the interest of 46 crores labourers out of 120 crores population. The government is contributing only 1.16 paisa to the fund of pensioners, he said.

“Government should contribute at least 6.42 paisa for every 100 rupees for the fund of pensioners,” he added.

In his presidential address B Madhava, President of All India Beedi Workers Federation demanded the Union government to amend Provident Fund Act, 1952, based on which pension scheme 1995 (EPS-1995) has been formulated. There are more than 28 lakh EPF pensioners under this scheme, some of whom receive pensions of Rs 7 to 10 per month.

He said that the EPS-1995 pension scheme has proved to be a curse for the more than 28 lakh labourers covered under the scheme. There has been no revision in their pension for the last decade and returns of capital and commutation benefits too have been withdrawn in 2008.

S Prasanna Kumar, General Secretary, CITU State Committee, K Pavithran, President, Kerala State PFPA and other leaders of various labourers' organization were present.

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News Network
March 5,2020

Mar 5: The government on Thursday asserted that there is no shortage of raw ingredients or medicines in the country as it has taken various initiatives to tackle the challenge posed by the coronavirus outbreak.

All initiatives are also being taken to ensure that there is no impact of the disease in India, Minister of Chemicals and Fertilizers D V Sadananda Gowda said.

"There is no shortage of any APIs in the country. We have sufficient APIs (active pharmaceutical ingredients) and medicines in the country," he said.

Gowda was addressing the 5th international exhibition and conference on the pharmaceutical and medical industry organised by the Department of Pharmaceuticals, Gujarat government and industry chamber Ficci here.

For another three months there is no shortage for undertaking production in the pharma sector, he added.

"Our government has taken all initiatives to ensure that as far as our country is concerned the coronavirus should be stopped, and there is no hazard as far as this issue is concerned," Gowda reiterated.

Coronavirus is a challenge and "we should make all efforts that need to be taken..., " he added.

On Tuesday, India, the world's largest maker of generic drugs, restricted the export of common medicines such as paracetamol and 25 other pharmaceutical ingredients and drugs made from them, as it looks to prevent shortages amid concerns of the coronavirus outbreak turning into a pandemic.

Besides over-the-counter painkiller and fever reducer paracetamol, drugs restricted for exports included common antibiotics metronidazole, and those used to treat bacterial and other infections as well as Vitamin B1 and B12 ingredients.

A notification by the Directorate General of Foreign Trade (DGFT) had said the export of 26 active pharmaceutical ingredients (APIs) and formulations would require licence.

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March 21,2020

Bengaluru, Mar 21: All bars and pubs in Karnataka will remain closed from Saturday till March 31 as a preventive measure to tackle coronavirus spread, said state Chief Minister B S Yeddyurappa.

As per the government advisory, restaurants including cafes cannot serve food in-house and only takeaways will be allowed.

"All bars/pubs to remain closed from tomorrow till March 31 in Karnataka. In all city municipal corporations across the state, restaurants including cafes cannot serve food in-house, only takeaways will be allowed," said Yeddyurappa in a statement.

15 people have tested positive for COVID-19 in the state till now, said Karnataka Health Minister B Sriramulu on Friday.

The Minister told news agency that two COVID-19 patients, who are recovering, will soon be discharged from the hospital.

The total number of COVID-19 cases in India has now climbed up to 223, including 32 foreigners, the Union Health Ministry said on Friday. As many as 23 people have been cured of the infection in India.

The disease has claimed over 10,000 lives globally.

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News Network
February 26,2020

Mangaluru, Feb 26: Customs officials at Mangalore International Airport on Wednesday arrested a man for trying to smuggle gold worth over Rs 26 lakh by concealing it in his rectum.

The accused has been identified as Moideen Arzan, a resident of Uppala, Kasaragod.

According to police, he arrived from Dubai by an Air India flight and was attempting to smuggle the gold which he had converted in the form of paste and concealed in rubber capsules inside his rectum.

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Azmath
 - 
Thursday, 27 Feb 2020

"Get rich quick and by any means syndrome"
Those Economy Saboteurs/ Smugglers are very Desperate People whose means of livelihood depends Solely on their Criminal Activities. 

 

WHAT is driving these people so crazily into CRIMINALITY?!

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