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Highlights of Prime Minister’s Speech on 15 August, 2012

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Highlights of Prime Minister’s Speech on 15 August, 2012

– You are aware that these days the global economy is passing through a difficult phase. We cannot do much about the conditions that prevail outside our country. But we must make every effort to resolve the problems inside our country so that our economic growth and the creation of employment opportunities in the country are again speeded up.

– If we do not increase the pace of the country’s economic growth, take steps to encourage new investment in the economy, improve the management of Government finances and work for the livelihood security of the common man and energy security of the country, then it most certainly affects our national security.

– I believe that this period of difficulties will not last long. Even as we face these problems, we should be encouraged by the fact that we have achieved extraordinary successes in many areas in the last 8 years. We now need to replicate these successes in newer areas.

– Today, one out of every 5 households in the country has become eligible to benefit from the Mahatma Gandhi Rural Employment Act through a job card. In only the last one year we have provided employment to more than 8 crore people under this scheme.

Appointment of Authorised Medical Attendant (AMA)



Sub:- Appointment of Authorised Medical Attendant (A M A).

Approval of the Additional Commissioner [Admn.], KVS, Hqrs. New Delhi is hereby accorded for empanelment of the following Doctor as Authorised Medical Attendant [AMA] in respect of the employees of KVS Hqrs. New Delhi /Regional Office, Delhi and other employees of Kendriya Vidyalays of Delhi Region for taking medical treatment if they are residing within radius of 16 Kms, with effect from 01.07.2012 to 31.03.2013 subject to the terms & conditions laid down in CS(MA) Rules 1944.

Dr. D.S. Chauhan, MBBS,
A-2/3, F.Block, Shopping Complex,
Beta-II Greater NOIDA


Source: www.kvsangathan.nic.in

National Pension Scheme fee hike to make pension fund mgmt sustainable: IDFC

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National Pension Scheme fee hike to make pension fund mgmt sustainable: IDFC

IDFC, one of the fund managers of National Pension Scheme (NPS), today said the proposed revision in fund management charges will help sustain the retirement fund industry in the long-run as all players are losing money under the present fee structure.

"The proposal to raise fund management charges in NPS will sustain the pension fund industry in the long-run as all players are losing money with the current charges," IDFC Chief Executive for Pension Funds Vikash Raj told reporters here.

He said as per the revised NPS guidelines, management charges will be revised soon, which is a welcome step.

At present, fund management fee is a dismal 0.0009 per cent per Rs 10 lakh in which all fund managers are losing money.

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