7th PAY RELATED IMPORTANT NEWS REPORT

7th PAY RELATED IMPORTANT NEWS REPORT
7th PAY RELATED IMPORTANT NEWS REPORT.
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 7th PAY RELATED IMPORTANT NEWS REPORT
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IMPLEMENTATION OF THE SEVENTHCENTRAL PAY COMMISSION RECOMMENDATIONS REG. ENHANCEMENT   OF IOR OF LEVEL-13 OF THE PAY MATRIX. 

IMPLEMENTATION OF THE SEVENTHCENTRAL PAY COMMISSION RECOMMENDATIONS REG. ENHANCEMENT   OF IOR OF LEVEL-13 OF THE PAY MATRIX. 

IMPLEMENTATION OF THE SEVENTHCENTRAL PAY COMMISSION RECOMMENDATIONS REG. ENHANCEMENT   OF IOR OF LEVEL-13 OF THE PAY MATRIX. 
Changes in 7th Pay, Pay Matrix Table for Gujarat Government Employees
Good News Changes in Pay Matrix Table for Gujarat Government Employees
Pay Matrix Table : 7th Pay Commission has recommended the new pay structure for Defence Personnel with minimum of Rs.21700 and maximum of 250000. We compiled the table with Pay Band wise and given below
7th CPC Pay Matrix Table Level 6 to 9. We have given the table for the level from 6 to 9 of Pay Matrix Table recommended by the 7th Pay Commission. The hierarchy stages are given as index from 1 to 40
Pay Band. 5200-20200. 9300-34800. 15600-39100. 37400-67000. 67000-. 75500-. 80000. 90000. 79000. 80000. Grade Pay. 1800. 1900. 2000. 2400. 2800. 4200. 4600. 4800. 5400. 5400. 6600. 7600. 8700. 8900. 10000. Entry Pay (EP).
The Pay Matrix has been a simple and easily comprehensible table which is also predictable and transparent. The stakeholders interacted with the 7th Pay Commission to place their demands which varied from common
IMPLEMENTATION OF THE SEVENTHCENTRAL PAY COMMISSION RECOMMENDATIONS REG. ENHANCEMENT   OF IOR OF LEVEL-13 OF THE PAY MATRIX. 

Good News :- Changes in Pay Matrix Table for Gujarat Government Employees

Good News :- Changes in Pay Matrix Table for Gujarat Government Employees

Good News :- Changes in Pay Matrix Table for Gujarat Government Employees

Pay Matrix Table : 7th Pay Commission has recommended the new pay structure for Defence Personnel with minimum of Rs.21700 and maximum of 250000. We compiled the table with Pay Band wise and given below

7th CPC Pay Matrix Table Level 6 to 9. We have given the table for the level from 6 to 9 of Pay Matrix Table recommended by the 7th Pay Commission. The hierarchy stages are given as index from 1 to 40

Pay Band. 5200-20200. 9300-34800. 15600-39100. 37400-67000. 67000-. 75500-. 80000. 90000. 79000. 80000. Grade Pay. 1800. 1900. 2000. 2400. 2800. 4200. 4600. 4800. 5400. 5400. 6600. 7600. 8700. 8900. 10000. Entry Pay (EP).

The Pay Matrix has been a simple and easily comprehensible table which is also predictable and transparent. The stakeholders interacted with the 7th Pay Commission to place their demands which varied from common

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7th Pay Commission: Central Government Employees Might Get Pay Hike In Budget 2018, But No Arrears

7th Pay Commission: Central Government Employees Might Get Pay Hike In Budget 2018, But No Arrears
7th Pay Commission: Central Government Employees Might Get Pay Hike In Budget 2018, But No Arrears
The 7th Pay Commission had recommended that Rs 18,000 minimum salary must be given to the Central government employees. However, the recommendations of the seventh CPC were not accepted by the employees union that wanted more salary for employees. Now, it seems that the demand might get approved in Budget 2018. The government might pay up salary beyond what was recommended by the 7th Pay Commission, but without arrears
The fund for the hike in salary is likely to be allocated in the Budget for government employees up to the matrix level 5 under 7th Pay Commission.
Earlier this week there was a report that Finance Minister Arun Jaitley’s nod is remaining.recommendation of the 7th Pay Commission could be paid to the employees after having a discussion with several stakeholders. But it was said that the government had no funds in a financial year. But there was no fund for the money.The minimum salary for central government employees was increased to Rs 18,000 as recommended by the 7th pay commission. The highest salary was increased from Rs 90,000 to Rs 2.5 lakh with a fitment factor of 2.5 times. The unions demanded that the minimum salary should be Rs 26,000 with a fitment factor to be 3.68 percent. The employees had gone on a strike in 2016. Finance Minister Arun Jaitley had assured that their demands will be

7th pay salary formula for all GOVERNMENT employeeWith no 8th Pay Commission

7th pay salary formula for all GOVERNMENT employeeWith no 8th Pay Commission
7th pay salary formula for all GOVERNMENT employeeWith no 8th PayCommission, the question is how will the government revise the pay of central government employees? Justice A K Mathur who headed the 7th Pay

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Commission said that the government must review the salary of central government employees every year looking into the data available based on price index. The commission had recommended that the pay matrix may be reviewed periodically without waiting for the long period of ten years.

7th Pay Commission: New Salary Revision Structure From This Year

7th Pay Commission: New Salary Revision Structure From This Year
7th pay salary formula for all GOVERNMENT employeeWith no 8th Pay Commission, the question is how will the government revise the pay of central government employees? Justice A K Mathur who headed the 7th Pay
Commission said that the government must review the salary of central government employees every year looking into the data available based on price index.
The commission had recommended that the pay matrix may be reviewed periodically without waiting for the long period of ten years.

7th pay: GOVERNMENT WILL GIVE SHOCKED TO ALL

7th pay: GOVERNMENT WILL GIVE SHOCKED TO ALL
7th pay: GOVERNMENT WILL GIVE SHOCKED TO ALL
7th Pay Commission, 7th CPC News: Government employees say that they have not got any clue as to whether it was a threat to strike or the actual concern of the government, to decide Arun Jaitley to form a new high level committee. inspired.
Year 2017 has gone and 2018 has begun, so far in the new year all central employees have not got the benefit of the Seventh Pay Commission. Nearly 19 months have passed since the seventh pay commission, but the employees have not got anything yet. The time is passing by increasing the minimum wage. After so much time has passed, the news is coming that the government can completely dismiss the idea of ​​raising minimum wages.
If this happens, it will shock up to 48 lakh central employees and 52 lakh pensioners. After such news came, the union staff union talked about a precarious strike. After this, when news came that Finance Minister Arun Jaitley is going to create a high level committee, the matter of strike was overrun. Government employees say that they have not got any clue as to whether it was a threat of strike or actual concern of the government, which prompted Arun Jaitley to decide on the formation of a new high-level committe\

7th Pay Commission Implementation Big Trouble for New Government: 200 Crore Borrow

7th Pay Commission Implementation Big Trouble for New Government: 200 Crore Borrow
7th Pay Commission Implementation Big Trouble for New Government: 200 Crore Borrow
The Central Government has announced the implementation of 7th Pay Commission for the State State Universities and Central Universities and Central Institute of Professors, Officers and Employees of the country, but in this pay scale, the Central Government has reduced the 80% grant to the state governments to 50% and instead of five years Three years of grant has been granted.
When the new government is going to form government after the elections in Gujarat, the implementation of the 7th Pay Commission is going to be a big problem for the new government as the government is burdened with an annual budget of about 200 crores.
Where GST has already reduced the revenue of the state government and the current state is also increasing, the Government is also going to increase the financial burden on the Government by implementing the 7th Pay Commission for universities. The Government Universities and Colleges Teachers and Employees Pay fixation is done by the UGC in the pay scale and the pay fixation determined by the UGC every five years Will be allowed.
After the announcement of the implementation of Seventh Pay Commission for all the government employees, the central government recently announced the implementation of seventh payroll scheme for the teachers and employees of the country's universities.
The Central Government has introduced many new terms and provisions in the pay scale of 7th pay commission, which has raised a fierce opposition against the Center in the congregations of the country's professors and academic staff. Earlier, till the 6th Pay Commission, the Central Government was giving 80% grant to the State Governments for the implementation of the pay scale. The state government had to bear the percent.
But in the 7th pay package, the central government has set up a grant for the state government to 50%. Now the state government will give only 50% of the total salary and 50% of the state government will have to suffer.
Apart from this, the Central Government was giving 80% grant for the last five years, instead of now the Center has given 50% grant for three years so that the state government will have to pay all the salaries for the remaining two years. When the new government is going to form Gujarat after assembly elections, it will be very difficult to implement the salaried penance on the new BJP government's new terms and conditions for the new BJP government.
The government is going to increase the financial burden of 200 crores annually, and after three years, the burden of 400 crores will increase. On the financial burden, when the officials of the Nirbhaya administration are harassing the implementation of the pay commission, the implementation of the pay scale for the new government is a big problem.

FROM THIS DATE 7TH PAY MINIMUM SALERY WILL INCRESED

FROM THIS DATE 7TH PAY MINIMUM SALERY WILL INCRESED
FROM THIS DATE 7TH PAY MINIMUM SALERY WILL INCRESED
A mutual fund company is an investment company that receives money from investors for the sole purpose to invest  stocks, bonds, and other securities for the benefit of the investors. A mutu inal fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of
Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchaseC price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for

7th Pay Commission: Will Not The Minimum Pay Increase?

7th Pay Commission: Will Not The Minimum Pay Increase?
7th Pay Commission: Will not the minimum PAY increase?

Many mutual fund investors have the habit of searching for top 10 mutual fund schemes while investing in mutual funds. Often, they land in sites where mutual fund schemes would be listed on the basis of their performance over a short period. No wonder, many investors keep wondering whether they picked up the right schemes even after investing in them for a few years. That is why ET Mutual Funds decided to come with our own list of Top 10 mutual fund schemes. Unlike other sites, the list is not just a list of 10 schemes in every category based on their short-term returns. We have picked up two schemes from five different categories -- largecap, midcap, multicap, ELSS or tax saving schemes and equity-oriented hybrid schemes - which we believe should be enough for regular mutual fund investors. We believe that the list would be of immense help to new investors looking to invest in mutual funds. Mostly, new investors start with Equity Linked Savings Schemes (ELSSs) or tax saving/mutual fund schemes. Investments in these schemes qualify for tax deductions of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. These schemes are ideal for new investors as they come with a mandatory lock-in period of three years and it helps investors tackle volatility typically associated with equity mutual funds. Equity-oriented hybrid schemes or balanced schemes are also ideal for novices to the stock market. These schemes invest in a mix of equity (minimum 65 per cent) and debt, and they are relatively less volatile than pure equity schemes that invest the entire corpus in stocks. Equity-oriented hybrid schemes are the best investment vehicle for investors looking to create long-term wealth without much volatility.  A regular investor looking to invest in the stock market need not look beyond mutlicap mutual funds or diversified equity schemes. These schemes invest across market capitalisation based on the view of the fund manager. They invest mostly in largecap and midcap stocks, with a small allocation to smallcap stocks. A regular investor can benefit from the uptrend in any of the sectors, categories of stocks by investing in these schemes.
Some investors want to play extremely safe even while investing in stocks. Largecap schemes are meant for such individuals. These schemes invest in top 100 stocks and they are relatively safer than other stocks. They are also relatively less volatile than midcap and smallcap schemes. In short, you should invest in largecap schemes if you are looking for modest returns with relative stability.
What about aggressive investors looking to take extra returns by taking extra risk? Well, they can bet on midcap schemes that invest mostly in medium sized companies. These schemes can be a bit volatile, but they also have the potential to offer superior returns over a long period. You can invest in midcap schemes if you have a long-term investment horizon and an appetite for higher risk.

NAVSARI HIGH SCHOOL - SATAMA PAGAR PANCHA UCHCHATAR PAGAR SUDHARANA BABAT PARIPATRA DATE- 18-12-2017.

NAVSARI HIGH SCHOOL - SATAMA PAGAR PANCHA UCHCHATAR PAGAR SUDHARANA BABAT PARIPATRA DATE- 18-12-2017.
NAVSARI HIGH SCHOOL - SATAMA PAGAR PANCHA UCHCHATAR PAGAR SUDHARANA BABAT PARIPATRA DATE- 18-12-2017.
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Google Adsense is the easiest monetizing network to generate money from your blog. You can use the list from high paying Google adsense keywords 2016 if you have a blog and have good traffic then you can earn a good income by using Google Adsense high paying keywords into your blog posts. If you are an Adsense Publisher, chances that you want to increase your earning through more clicks. Sometime it happens that you have good CTR but still your estimated earning is low. For example, you got 40 clicks and your estimated earning was $0.23! It’s really an unexpected. Its ad serving algorithm works on the mechanism of keywords density which are used/exist in your posts.
For instance, if your blog posts niche is related to “car insurance” keywords then Google will show ads related to insurance on your website. If you want to earn more money from AdSense you must use Google Adsense high paying keywords. Otherwise using lowest paying keywords, your C.P.C (Cost per click) rate will be low and you cannot earn a healthy income from advertisements clicks.
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7th Pay Commission: Gratuity Ceiling To Leap From Rs 10 Lakh To Rs 20 Lakh

7th Pay Commission: Gratuity Ceiling To Leap From Rs 10 Lakh To Rs 20 Lakh
7th Pay Commission: Gratuity Ceiling To Leap From Rs 10 Lakh To Rs 20 Lakh
7th Pay Commission: Gratuity Ceiling To Leap From Rs 10 Lakh To Rs 20 Lakh The Union Cabinet on Tuesday approved an amendment Bill that seeks to double the gratuity ceiling to ₹20 lakh from ₹10 lakh for employees in the private and public sector, as well as autonomous organisations, brining it on a par with Central government employees. The Cabinet also gave its approval for introduction of the Payment of Gratuity (Amendment) Bill, 2017 in Parliament that seeks to amend the Payment of Gratuity Act, 1972, which applies to establishments employing 10 or more persons. 7th Pay Commission: Gratuity Ceiling To Leap From Rs 10 Lakh To Rs 20 Lakh “The amendment will put the maximum limit of gratuity of employees of the private sector as well as public undertakings and autonomous organisations under the government who are not covered under Central Civil Services (Pension) Rules, at par with central government employees, which is ₹20 lakh,” an official release said. Before implementation of the 7th Central Pay Commission, the ceiling under Civil Services (Pension) Rules, 1972, was ₹10 lakh. This amendment, once effective, will also provide higher tax benefit to those employees who are covered under the Payment of Gratuity Act and who are entitled to receive the enhanced gratuity amount. Gratuity received by government employees is completely exempt from income tax, whereas gratuity received by non-government employees are exempt subject to certain ceiling limits. Gratuity amount of a non-government employee, under the Act is calculated at the rate of 15 days salary (based on last drawn salary), for each number of completed years of service. However, the maximum amount that can be paid shall not exceed Rs 10 lakh, which has now been proposed for enhancement to Rs 20 lakh. Even though there is an upper limit, an employee has the right to receive a higher amount under any award or agreement or contract with the employer (better terms of employment). With the proposed amendment, an employee who has rendered 20 years of service with a monthly salary of Rs 1.50 lakh (at the time of retirement), would now be eligible to receive Rs 17.31 lakh (15/26 x 1,50,000 x 20 years) as gratuity, and the entire amount of Rs 17.31 lakh will now be tax exempt. Again, with the proposed change, an employee falling in the tax bracket of 30% could save taxes approximately up to Rs 3 lakh on gratuity payments at the time of retirement. “It is therefore proposed to empower the central government to enhance the period of existing twelve weeks to such period as may be notified by it,” the Statement said. With respect to gratuity, the amount is calculated on the basis of a formula which is 15 days of wages for each year of completed services, subject to the ceiling of Rs 10 lakh. This limit was fixed in 2010. Generally, the ceiling under the Act follows that of the Central Pay Commission recommendations. “Therefore, considering the inflation and wage increase even in case of employees engaged in private and public sector, the entitlement of gratuity is also required to be revised for employees who are covered under the Act. “It has also been proposed to empower the central government to notify the ceiling proposed, instead of amending the said Act, so that the limit can be revised from time to time keeping in view the increase in wage and inflation, and future Pay Commissions,” the Statement said.

7th pay latest shocking news must read here

7th pay latest shocking news must read here
A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors.
A mutual is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers.
Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.
Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that dayGovernment of India is bringing new legislation

7TH PAY RELATED IMPORTANT NEWS REPORT BY AKILA NEWS REPORT

7TH PAY RELATED IMPORTANT NEWS REPORT BY AKILA NEWS REPORT
7TH PAY RELATED IMPORTANT NEWS REPORT BY AKILA NEWS REPORT
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7TH PAY MINIMUM SALARY INCREASED GOVERNMENT

7TH PAY MINIMUM SALARY INCREASED GOVERNMENT
7TH PAY MINIMUM SALARY INCREASED GOVERNMENT
.Amutual fund company is an investment companythat receives money from investors for the sole purpose to invest stocks, bonds, and other securities for the benefit of the investors. A mutu inal fund is the portfolio of stocks, bonds, or other securities thatMutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual fundsare open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchaseC price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for

7th Pay Commission: Modi Govt Under Pressure To Hike Minimum Pay

7th Pay Commission: Modi Govt Under Pressure To Hike Minimum Pay
7th Pay Commission: Modi Govt Under Pressure To Hike Minimum Pay
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7th Pay Commission: Modi Govt Under Pressure To Hike Minimum Pay

7th Pay Commission: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the increment of high court judges of the High Court

7th Pay Commission: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the increment of high court judges of the High Court
New Delhi, November 22: Supreme Court judges and 24 High Courts will also be able to get the benefit of increments under the 7th Pay Commission. In the chairmanship of Prime Minister Narendra Modi on Wednesday, the Union Cabinet has approved the amendment in the pension, wages, allowances of the allowances and the pension of the judges, who are working and retired from the Supreme Court of India and the high Court. The decision is to implement the recommendations of the 7th Central Pay Commission regarding civil servants
The approval of the Cabinet given in the meeting presided over by Prime Minister Modi today, necessary amendments in two laws, i.e. the judges of the Supreme Court (Salary and Conditions of Service) Act, 1988 and the Judges of the High Court (Salary and Terms of Service) Act, 1954
These two laws deal with the judges of the Supreme Court of India, respectively, with the salary of the Chief Justice of India (CJI) and all the judges of the chief judiciary and the high court. The increase in the salary and allowance structure after this judgment With 10 9 judges of the courts, including the Chief Justice, 31 judges of the Supreme Court are beneficial. Apart from this, 2500 retired judges will also benefit from this decision, because their pension and gratuity has been increased according to the recommendations of the 7th Pay Commission.
The Cabinet has decided to implement the recommendations of the 7th Pay Commission regarding retrospective effect from January 1, 2016. The Government said in a statement: "Dues due to revised pay, gratuity, pension and family pension 01 In the meantime, the Union Cabinet has approved the establishment of 15th Finance Commission today. A government statement states, "The terms of reference for the 15th Finance Commission will be notified as per the timing."
The government is bound under Article 280 (1) for the formation of the Finance Commission for every five years, or if the President finds it necessary, the recommendation of the 15th Finance Commission will include five years starting from April 1, 2020 The last finance commission will be formally terminated.

7th Pay Commission: Modi Govt Under Pressure To Hike Minimum Pay

7th Pay Commission: Modi Govt Under Pressure To Hike Minimum Pay
Prime Minister Narendra Modi government faces pressure to hike minimum pay for Central government employees.
Earlier media reports mentioning that the National Anomaly Committee (NAC) is likely to go ahead for hike in minimum pay Rs 21,000 from Rs 18,000 from the existing 2.57 fitment factor to 3.00 and its report will be submitted in December, and after cabinet nod, the new pay hike will be implemented from April 2018.
In the meantime the Department of Personnel and Training (DoPT) issued a letter on October 30 to Shiv Gopal Mishra, Secretary, Staff Side, National Council JCM stating that the demand for increase in minimum Pay and fitment formula do not appear to be treated as anomaly, therefore, these do not come under the purview of National Anomaly Committee (NAC).
After a more measured response to DoPT letter, a top central government employees’ leader said Modi government must realize in order to avoid a government employee backlash against the government.

7th PAY MINIMUM SALAERY REALTRED FINAL NEWS FROM CENTER

7th PAY MINIMUM SALAERY REALTRED FINAL NEWS FROM CENTER
7th PAY MINIMUM SALAERY REALTRED FINAL NEWS FROM CENTER
Good news for central employees is now the minimum wage of Central employees is 21,000 / month. The central staff is eagerly waiting for this to be implemented from 1 April 2018. This will benefit 48 lakh central government employees. According to media reports, the official of a senior finance ministry said that after the recommendation of the Seventh Pay Commission, the salary of central employees is increasing. The increment will be effective from 1 April 2018. According to the report, the National Discrepancy Committee submitted its report in December to implement the recommendations of the Seventh Pay Commission.
It is noteworthy that according to the recommendations of the Seventh Pay Commission, the Cabinet has already approved to increase the minimum wage from Rs 7000 to 18,000 rupees per month. Apart from this, the fitment factor has been increased 2.57 times. In spite of this, the demand for the central staff is that the minimum wage should be increased from Rs 18,000 to Rs 26,000 per month and increase the factum factor to 3.68 times instead of 2.57 times increase.
The central government employees are expected to increase the minimum wage in addition to the recommendation of the 7th Pay Commission from April 2018 and the National Discrepancy Committee (NAC) is expected to submit its report to the Finance Ministry. Union Finance Minister Arun Jaitley has agreed to increase the minimum wage beyond the recommendation of the 7th Pay Commission and the process of implementing it is underway, sources said. (Update: 7th Pay Commission: NAC-Arun Jaitley meeting in December, high minimum wage from April 2018)
To discuss the increase in the minimum wage outside the recommendation of the 7th Pay Commission for October, the NAC meeting was postponed in the elections for the election of Himachal Pradesh and Gujarat Election Commission. NAC will hold a meeting in December and submit its report for 15 months. The report will be examined by the Empowered Committee and Expenditure Department of secretaries headed by Cabinet Secretary PK Sinha.