May 16, 2013

NORTHERN RAILWAY RUNS BI-WEEKLY SUMMER SPECIAL EXPRESS TRAIN BETWEEN HARIDWAR- MUZAFFARPUR (24 TRIPS)



For the convenience of rail passengers during Summer season, Northern Railway has decided to run Bi- Weekly Express Summer Special train no. 04316/04315 between Haridwar & Muzaffarpur as per the following programme:-

The 04316 Haridwar- Muzaffarpur (Bi- Weekly) Express Summer Special train will depart from Haridwar at 03.15 p.m. (12 trips) to reach Muzaffarpur at 02.15 p.m. the next day.In the return direction, the 04315 Muzaffarpur- Haridwar (Bi- Weekly) Express Summer Special train will depart from Muzaffarpur at 04.30 p.m. (12 trips) to reach Haridwar at 05.00 p.m. the next day.

Consisting of Six Sleeper Class, Four General Class and Two Second Class cum Luggage Van coaches, the 04316/04315 Haridwar- Muzaffarpur- Haridwar (Bi- Weekly) Express Summer Special train will stop at Laksar, Nazibabad, Moradabad, Bareilly, Sitapur Cantt., Gonda, Basti, Gorakhpur, Siwan, Chhapra, Sonepur & Hajipur stations enroute in both the directions.

Source - N RLY

Good news: Provident Fund interest rate hiked to 8.5% सरकार ने दी खुशखबरी, पीएफ पर ब्याज दर बढ़ाकर किया 8.5 फीसदी




New Delhi: Over five crore PF subscribers would get 8.5 percent interest for their deposits for 2012-13, higher than 8.25 percent disbursed in the previous financial year.

After a board meeting of EPFO's apex decision making body the Central Board of Trustees (CBT), Labour Minister Mallikarjun Kharge told reporters: "The board discussed the rate of interest for 2012-13. After detailed discussion, the board decided to recommend a rate of interest of 8.5 percent for the year."

The minister said that the decision to pay 8.5 percent interest rate was taken unanimously by the board, which also has representation from trade unions and employers.

The trustees also decided that EPFO will give a permanent account number to all members so that it is not changed with change in job or location. The EPFO is ready with an action plan to set up a central database for the purpose.

"Once implemented, it will ensure that the EPFO is able to offer almost real time and seamless service....It will also eliminate much of claims settlement workload", Kharge said.

The CBT, the minister said, has also decided to adopt the pattern of investment of 2008 as issued by the Finance Ministry except that no investments shall be made in equity.

Under, 2008 investment pattern norms, the Employees' Provident Fund Organisation (EPFO) will have greater flexibility to park its surplus funds in long-term debt instruments and certificate of deposits of PSU banks.

"A decision has been taken to pay 8.5 percent interest on PF deposits ... But we have expressed our reservations as we wanted higher interest rate," said D L Sachdev, secretary All India Trade Union Congress (AITUC) after the CBT meeting.

According to the EPFO's estimates, payment of 8.5 percent interest rate on PF deposits for the ongoing fiscal would leave a surplus of Rs 4.13 crore. 


नई दिल्ली : वित्त मंत्रालय ने कर्मचारी भविष्य निधि संगठन के अंशधारकों को 2012-13 के लिए 8.5 प्रतिशत दर से ब्याज के भुगतान को बुधवार को मंजूरी दे दी। 
इससे पिछले वित्त वर्ष में यह दर 8.25 प्रतिशत पर थी। बहरहाल, बढ़ी हुई ब्‍याज दर से ईपीएफओ के पांच करोड़ से अधिक अंशधारकों को लाभ मिलेगा। ईपीएफओ के केंद्रीय भविष्य निधि आयुक्त अनिल स्वरूप ने कहा कि वित्त मंत्रालय ने 2012-13 के लिए 8.5 प्रतिशत ब्याज दर अधिसूचित कर दी है। 
यह तत्काल प्रभाव से लागू होगी। उन्होंने कहा कि इस अधिसूचना से ईपीएफओ 8.5 प्रतिशत की दर से दावों का निपटान कर सकेगा तथा 2012-13 के लिए ब्याज अंशधारकों के खातों में डाल सकेगा। उल्लेखनीय है कि ईपीएफओ के केंद्रीय न्यासी बोर्ड ने 25 फरवरी को 2012-13 के लिए अपने अंशधारकों को 8.5 प्रतिशत ब्याज देने का फैसला किया था। वित्त मंत्रालय इस फैसले को अधिसूचित करता है जिसके बाद ही ब्याज राशि अंशधारकों के खाते में डाली जाती है। 
नियमों के अनुसार ईपीएफओ को वित्तीय वर्ष की शुरुआत से पहले ही भविष्य निधि जमा पर दी जाने वाली ब्याज दर की घोषणा करनी होती है। लेकिन पिछले कुछ वर्षों से ब्याज दर घोषित करने में देरी हो रही है। इस बार तो वित्त वर्ष की समाप्ति के बाद ब्याज दर अधिसूचित की जा रही है।

Source - bhasker

India finishes phase I of Sri Lanka railway project



The Indian Railways have completed phase I of a 43-km rail link from Medawachchiya to Madhu Road in Sri Lanka at a cost of $81 million, an official statement said Wednesday.

According to IRCON, a subsidiary of the Indian Railway, train services on the line resumed on May 14 after a gap of 23 years.

The train from Medawachhiya will take 30 minutes to cover the distance. The tracks on the section were completely destroyed during the devastating civil war in the region. The reconstructed track is designed for a speed potential of up to 120 kmph.

India will construct around 252 km of railway lines in the Northern Province of the island nation to be executed by IRCON, the statement added.

Sri Lankan Minister for Economic Development Basil Rajapaksa, Minister of Transport Kumara Welgama, Minister for Industries and Commerce Rishad Bathiudeen, and High Commissioner of India Ashok K. Kantha Chairman and IRCON's managing director Mohan Tiwari were present at the inaugural ceremony.
Source - .business-standard

 

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