Tag: Scheme

  • J&K Bank Loan Scheme For Bike And Scooty Check Eligibility

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    F112F5FA 168C 4ADB 9222 DB1B840B9CF4

    PURPOSE

    • For purchases of fresh Two wheelers i.e. Scooters, Scooties, Motor Cycles, Mopeds, Battery-Operated Scooters etc of any make and model.

    ELIGIBILITY

    • Employees of Government/Semi-Government Undertakings, Autonomous bodies, Public Sector Undertakings, Private Companies or Reputed Establishments.
    • Professionals or Self-employed individuals / Businessmen / Employees on contractual basis (Rehbare-I-Talim, Rehbare-I-Zerat)
    • Pensioners , Family Pensioners drawing their pensions from our Bank.
    • Persons engaged in Agricultural and allied activities.
    • Students with a parent (Mother or father or both) as Co-borrower. Income of both the father and mother can be considered for arriving at quantum of finance and repaying capacity.
    • Housewives aged 18 years & above, with spouse as Co-borrower. Income of the spouse shall be considered for finance.
    • Minimum employment
      • (Applicant/Co-borrower): The applicant must have been in current employment for a period not less than 6 months or must have a business standing of at least 1 years.
        • Employees on contractual basis in Government / Semi-Government undertakings, Autonomous bodies & public Sector undertakings shall also be eligible, if they have been in current contractual job for a period not less than 1 year and the remaining contract period is longer than the chosen repayment period.

    AGE

    • Minimum age of applicant/co-borrower: 18 years
      • (16 years for purchase of scooter having engine capacity below 55CC).
    • Maximum age of applicant at loan maturity: 65 years.

    INCOME CRITERIA

    • Minimum Net Annual Income :  Rs. 75,000/- .

    QUANTUM OF FINANCE

    • Minimum: Rs.25,000/-
    • Maximum: Rs.2,50,000/-

    MARGIN

    • 10% of the ex-showroom price for Two wheelers with ex-showroom price up to Rs.1,00,000/-.
    • 20% of the ex-showroom price for Two wheelers having ex-showroom price above Rs.1,00,000/-.

    REPAYMENT PERIOD

    • Maximum period of 60 months.

    RATE OF INTEREST (SUBJECT TO CHANGE)

    • RLLR+2.00%  (Fixed) RLLR+1.50% (Floating)
    • Click here for rate of Interest
    • Rebate of 25 basis point for female borrowers.

    SECURITY

    • Primary
      • Hypothecation of Two – Wheeler to be purchased.
    • Collateral
      a) No third party guarantee required in respect of permanent employees of State / Central Government, State / Central Government Undertakings & Autonomous Bodies drawing salary through our Bank and where letter of undertaking from employer is available.
      b) Guarantee of one person for all others.

    PREPAYMENT CHARGES

    • Nil

    PROCESSING CHARGES

    • 1% of Loan amount to be paid upfront subject to a
      • Minimum of Rs. 500/- and
      • Maximum of Rs-2000/

    F112F5FA 168C 4ADB 9222 DB1B840B9CF4

    The post J&K Bank Loan Scheme For Bike And Scooty Check Eligibility and Rate of Interest appeared first on Kashmir Publication.

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    ( With inputs from : kashmirpublication.in )

  • J&K Bank Kissan Credit Card Scheme Check Features

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    To provide adequate and timely credit to farmers under single window, with flexible and simplified procedure, adopting whole farm approach, including the short-term credit, medium term and long term credit needs of the borrowers for agriculture and allied activities and a reasonable component for consumption needs as indicated below:-
    Short Term Credit Limit:
    • To meet the short term credit requirements for cultivation of crops
    • Post harvest expenses
    • Produce marketing loan
    • Consumption requirements of farmers household.
    • Working capital for maintenance of farm assets and activities allied to agriculture, like dairy animals, inland fishery etc.

    Long Term Credit:
    • Investment credit requirement for agriculture and allied activities like pump sets, sprayers, tillers, agri implements, dairy animals, sheep, poultry etc.

    KCC Scheme also includes the crop loans under Apple Advance Scheme

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    ( With inputs from : kashmirpublication.in )

  • Telangana: Congress leader bats for Dalit Bandhu-style scheme for Muslims

    Telangana: Congress leader bats for Dalit Bandhu-style scheme for Muslims

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    Hyderabad: Telangana Pradesh Congress Committee (PCC) Secretary Mohammad Rashid Khan called on Minority Welfare Minister K Easwar and submitted a memorandum demanding introduction of a Muslim Bandhu scheme for minorities in Telangana on the lines of Dalit Bandhu.

    The memorandum states that KCR had made several promises to Muslims in the 2014 and 2018 assembly elections, including 12 per cent reservation. The Waqf Board was promised judicial powers, implementation of Urdu as the second official language, construction of a new building of Haj House, provision of special budget for minority welfare and sharing of double bedroom houses in terms of population, besides starting Metro train in the old city.

    In the last eight years, the promises made to Muslims have not been fulfilled. Rs 21,000 crore has been allocated for SC development while only Rs 2,200 crore has been allocated for minority welfare. Rs 3500 crore has been released for Dalit Bandhwa Scheme.

    The government has promised to introduce a Dalit bandhu style scheme for Scheduled Tribes. Then, as per the recommendations of the Sachar Committee, Muslims are more educationally, socially and economically backward than Dalits in the country, the memorandum said.

    Rashid Khan demanded the Minority Welfare Minister to introduce the Muslim Bandhu Scheme for the economic development of Muslims. The minority welfare minister assured to take up the issue with Chief Minister KCR.

    The government of Telangana is providing financial support to the Dalit community under the ‘Dalit Bandhu Scheme’ by giving financial aid of ₹10 lakh to Dalit families.The amount will be transferred to the beneficiary’s account to start any business-related activity.

    A petition was filed in the Telangana High Court alleging misuse of the scheme for political gain, as well as irregularities in beneficiary selections made by BRS MLAs.

    The court finally issued orders directing that a committee appointed by the state government to receive applications and select beneficiaries for Dalit Bandhu, rather than MLAs.

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    ( With inputs from www.siasat.com )

  • JK Bank Consumer Loan Scheme Check Eligibility and Rate

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    • Permanent Employees of State / Central Government, Government / Semi-Government Undertakings & Autonomous Bodies.
    • Employees on contractual basis with Central/State Govt, Government/Semi-Government Undertakings& Autonomous bodies shall be eligible, if they have been in current contractual job for a period not less than I year and the remaining contract period is longer than the chosen repayment period.
    • Teachers under Rehaber-a-Taleem, J&K Govt.
    • Officials under Rehaber-a Zeerat, J&K Govt.
    • Pensioners both State/Central drawing their monthly salaries/pension through our bank.
    • Employees of Private Limited Companies, Private Organizations, Reputed Establishments having a minimum 1 year relationship with our bank (Assets or liabilities).
    • Professionals, self-employed individuals (Businessmen included) & Proprietorship Concerns, having a minimum 1 year relationship with our bank (Assets or liabilities)
    • Finance under this Scheme shall also be provided to regular teachers of recognized private schools (must be permanent residents of Union Territories of J&K and Ladakh).

    NOTE:Employees on Adhoc basis shall not be eligible.

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    ( With inputs from : kashmirpublication.in )

  • J&K Bank Loan Scheme For 2nd Cars Check Eligibility

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    F112F5FA 168C 4ADB 9222 DB1B840B9CF4

    NAME OF PRODUCT

    JKB Car loan Scheme for purchase of Used cars for private use

    PURPOSE

    To provide finance for purchase of used Cars/SUV/MUV etc. (Fuel operated as well as electric cars) for Private Use only. The car should not be more than 6 years old at the time of loan sanction.

    NATURE OF FACILITY

    Term Loan

    AGE

    Minimum age at the time of loan application: 18 years

    Maximum age at the time of loan maturity: 70 years

    Notes:

    • In case of in service Govt employees under old pension scheme, car loans with tenor exceeding residual services period can also be considered. However, the sanctioning authority may make a tentative assessment of his/her likely pension income, based on his her existing salary structure, residual service, pension rules etc. and ensure that the instalment of the proposed loan shall not be more than 50% of his/her likely monthly pension.
    • In case of joint borrowers/ Co-borrowers, the age of that borrower can be considered for fixing tenor of the loan whose contribution towards the repayment of proposed loan is at least equal to 50% of EMI.
    • The upper age limit may be relaxed upto 75 years in deserving cases, powers for which may be vested with the Zonal Credit Committees.

    MARGIN

    • For permanent employees of State and Central Government, Government Undertakings & Autonomous bodies Drawing salary through our Bank :20% of value derived/ accepted
    • For Platinum/Gold Current Account Holders & Customers having aggregate limits (Working Capital and/or Term Loan) above 25 Lakh having satisfactory dealings.:20% of value derived/ accepted
    • For All Other borrowers:25% of value derived/ accepted

    MAXIMUM LOAN AMOUNT

    • Maximum Limit per vehicle: Rs 25.00 lacs
    • Maximum Limit per borrower: Rs 50.00 lacs

      Note: Higher quantum of finance per unit/ per borrower may also be considered, however powers to sanction such loans shall vest with Zonal Credit Committees only.

    REPAYMENT PERIOD

    • The maximum tenor of the loan shall be 07 years or till the vehicle gets 12 years old, whichever is earlier, subject to residual life of the vehicle.
      The loan shall be repaid in a maximum of 84 Equated Monthly Installments.

    SECURITY

    • Primary: Hypothecation of vehicle to be purchased (Bank’s charge to be registered with concerned Transport Authority/ VAHAN Central Registry)
    • Collateral:
      • For permanent employees of J&K/Ladakh Gov’t and Central Government, Government Undertakings & Autonomous bodies maintaining salary accounts with our bank: NIL.(However, in cases where the loan tenor is in excess to residual service period, TPG of one person shall be obtained).
      • For pensioners: Guarantee of 02 persons including spouse eligible for family pension.
        (Or) Guaranteeof spouse only if he/she is a Govt employee or pensioner.
      • Private /Public Limited Company/ partnership firms:Personal guarantee of promoters/directors/partners
      • For all others: Guarantee of one person having sufficient net worth to withstand the liability and acceptable to Bank.
      • Direct Debit Mandate/NACH/ECS Mandate (whichever applicable)
        Note:
        Sanctioning Authority may waive off third party guarantee in favour of certain categories of applicant borrowers, as noted below:
      1. Platinum/Gold Current Account Holders having average balance of Rs 5.00 lacs or above
      2. Customers availing aggregate limits (Working Capital and/or Term Loan) above 50 Lakh with satisfactory track record.
      3. Borrowers with credit score of 750 in case of CIBIL or 650 in case of CRIF.
      4. High net worth individuals maintaining term deposits in excess to Rs 50.00 lacs with the bank in their own name.

    PREPAYMENT PENALTY

    4% on the outstanding in respect of Fixed interest rate loan shifted to other banks + Applicable GST.

    Nil for all other loans prepaid

    MINIMUM INCOME STIPULATION

    For all types of individual borrowers: Gross Annual Income of Rs 2.00 lacs
    For proprietorship/partnership firms and companies: Cash Profit (PAT+ Average Depreciation) of Rs 2.00 lacs for the previous financial year.

    LOAN PROCESSING CHARGES

    LPC: 1.0% of the loan amount plus applicable GST Minimum of ₹2000/- + GST
    Maximum: ₹15000/- + GST
    (Nil for employees mentioned at para Rate of interest)

    RATE OF INTEREST (SUBJECT TO CHANGE)

    Tenor upto 04 years: RLLR+3.75% (Fixed)

    Tenor above 04 years:RLLR+4.75% (Fixed)

    The interest rate concession applicable to employees of various Govt Departments/ institutions, as noted below, shall continue till validity of such MoUs unless otherwise notified:

    • Employees of SMVDSB 25 bps
    • Employees of Police Departments 10 bps
    • Employees of University of Kashmir 10 bps
    • Employees of NIT Srinagar 10 bps
    • Employees of Central University of Jammu 10 bps
    • All other employees of J&K/ Ladakh Gov’t. 25 bps

    Interest rate concessions of 50 bps (including existing concession as per MOUs specified above or concession to women borrowers, if any) to individual borrowers having credit score of above 750 in case of CIBIL or above 650 in case of CRIF. Similar concession shall be extended to non-individual borrowers with internal rating grade of 1 or 2.

    Interest rate concession of 25 bps (including existing concession as per MOUs specified above or concession to women borrowers, if any) to individual borrowers having credit score of 701-750 in case of CIBIL or 610-650 in case of CRIF. Similar concession shall be extended to non-individual borrowers with internal rating grade of 3 or 4.

    ELGIBILITY

    1. Permanent Employees of State / Central Government, Semi-Government Undertakings, Institutions and Autonomous Bodies.
    2. Regular Employees of Private Limited Companies / Private Organizations and other Reputed Private Institutions/ Establishments who have a service of at least 2 years with the current employer
    3. Contractual Employees of Central/State Government, Semi-Government Undertakings and Autonomous Bodies (provided there are no instances of termination of employment of such employees previously).
    4. Professionals or self-employed individuals with at least 2 years’ experience in business/profession/activity. (This category shall include proprietors, partners and promoters of companies where the loan is sanctioned in their personal capacity. Gross Income in this case shall mean income as shown in proof of income obtained)
    5. Persons engaged in agricultural and allied activities.
    6. Pensioners of State/Central/UT Gov’t, PSU’s (Public Sector Undertakings), autonomous bodies and Institutions. (Family pensioners shall not be eligible).
    7. Employees appointed under SRO 202 (to be treated at par with Permanent Employees of State/Central Government) subject to the condition salary for at least 6 months has been credited in the savings account of the applicant.
    8. Partnership firms and companies which have been in existence for a minimum of 02 years.
    9. HUF can also avail car loan facility. HUF can apply for the loan through Karta and the documents, as prescribed, shall also be executed by the Karta on behalf of the HUF. However, it shall be ensured that a joint application is obtained from all the coparceners for the loan whereby they will also confirm that the loan facility is used for the benefit of the HUF.
    10. Applicants who do not fall in any of the above categories may be also be financed subject to the condition that the applicant has a stable/perpetual source of income and provides proof to the satisfaction of the sanctioning authority.

    VALUATION OF THE VEHICLE

    Value of the vehicle shall be the lower of the following (subject to satisfaction of the BU Head and Advances In-charge):

    • Ex-showroom price of the vehicle as per original sale invoice less depreciation, which shall be as follows:
    Age of the vehicle% Of Depreciation for fixing value.
    Upto 06 months.5%
    06 Months to less than 01 year10%
    01 year to less than 02 years.20%
    0 years to less than 03 years.30%
    03 years to less than 04 years.40%
    04 years to less than 05 years.50%.
    05 years to less than 06 years.60%.
    • Insured Declared Value (IDV) of the vehicle as per latest insurance policy.
    • Consideration Amount as per agreement to sell between seller and buyer or as per invoice from registered used car dealer.
    • Note: In case original sale invoice is not available, sanctioning authority may consider minimum of value as depicted in documents mentioned at Serial II & III above.

    F112F5FA 168C 4ADB 9222 DB1B840B9CF4

    The post J&K Bank Loan Scheme For 2nd Cars Check Eligibility and Rate of Interest appeared first on Kashmir Publication.

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    ( With inputs from : kashmirpublication.in )

  • BJP vs BJP: Bommai to raise Maha insurance scheme decision with Amit Shah

    BJP vs BJP: Bommai to raise Maha insurance scheme decision with Amit Shah

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    Bengaluru: Strongly condemning the Maharashtra government’s decision to implement its health insurance scheme in the 865 border villages in Karnataka that it is laying claim to, Chief Minister Basavaraj Bommai on Thursday called it an “unpardonable offence”, and said he would raise the issue with Union Home Minister Amit Shah.

    In December last year, Union Home Minister stepped in to defuse border tensions between Maharashtra and Karnataka. He called a meeting between the two Chief Ministers, after which he said both of them had agreed not to make any claims and counter-claims on the border issue till the Supreme Court had decided on the matter.

    Speaking to reporters, Bommai today said Maharashtra had “violated” that agreement, and urged his counterpart Eknath Shinde to “behave responsibly”.

    The latest tension between the two states cropped up after the Shinde government recently announced that it would allocate an additional Rs 54 crore for its ‘Mahatma Jyotiba Phule Jan Arogya Yojana’, so that the benefits could be extended to the border villages in Karnataka that Maharashtra has been laying claim to.

    The Karnataka Chief Minister today urged the Maharashtra government to immediately withdraw its order on implementing the health insurance scheme in the villages on Karnataka’s side of the border, and said he would be raising the matter with Union Home Minister Shah.

    Warning against dredging up border issues, indicating that it could backfire against Maharashtra, Bommai said, “We too can announce such schemes or programmes.”

    “Several Gram Panchayats and Taluks (on Maharashtra’s side of the border) have made resolutions seeking to join Karnataka, as they are not getting justice in Maharashtra,” he added. “With such a situation, the Mahrashtra government should behave responsibly. I strongly condemn their Cabinet decision.”

    Opposition leaders D K Shivakumar and Siddaramaiah on Wednesday had also condemned the Maharashtra government’s move, and took the opportunity to call for Bommai’s resignation for “having miserably failed to protect the interests of Karnataka and Kannadigas.”

    (Except for the headline, this story has not been edited by Siasat staff and is published from a syndicated feed.)

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    ( With inputs from www.siasat.com )

  • Karnataka to stop Maharashtra’s health insurance scheme in 865 border villages: Bommai

    Karnataka to stop Maharashtra’s health insurance scheme in 865 border villages: Bommai

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    Belagav: Karnataka Chief Minister Basavaraj Bommai on Wednesday said his government would take measures to stop the Maharashtra government from offering its health insurance scheme in 865 border villages that the neighbouring state is trying to lay claim to.

    He was responding to Congress’ criticism over his administration’s alleged inaction over Maharashtra’s Eknath Shinde government recently announcing an additional Rs 54 crore for implementing the ‘Mahatma Jyotiba Phule Jan Arogya Yojana’ in the border villages of Karnataka, which the neighbouring state is claiming for itself.

    Calling the Maharashtra’s government’s move an “insult” to Karnataka, state Congress President D K Shivakumar and Leader of Opposition in the Assembly Siddaramaiah earlier today demanded Bommai’s resignation, accusing him of having “miserably failed” in protecting the interests of the state and Kannadigas.

    In response to a question from reporters about Congress’ demand for his resignation, Bommai said, “If Maharashtra releases (money) here, why should I resign? We too have released funds for places in Maharashtra like Pandharpur, Tuljapur, where people from Karnataka visit.”.

    Speaking to the reporters here, he said, “I will look into their fund release, we will take measures to stop it…. I need not learn from D K Shivakumar.” Earlier, warning the Maharashtra government, Shivakumar said not even an inch of Karnataka’s land would be ceded.

    “It is our land, our water, and we will protect it. We are ready to sacrifice our lives to protect our land,” he said, as he urged the Karnataka government to take immediate counter measures, stating that it was a mater of the state’s self esteem.

    Calling on pro-Kannada organisations, artists and literary figures to come together to express their opposition against Maharashtra’s move with one voice, Shivakumar also questioned Union Home Minister Amit Shah’s silence on the issue.

    Meanwhile, speaking to reporters in Hubballi, Siddaramaiah said Maharashtra’s move was a threat to India’s federal structure.

    Hitting out at Bommai for having failed to protect Karnataka’s interest, he said he had no right to continue as Chief Minister and should resign immediately.

    The decades old border row between the two states had intensified in December last year, with vehicles from either side being targeted, leaders from both the States weighing in, and pro-Kannada and Marathi activists being detained by police amid a tense atmosphere in Belagavi.

    Also, both states had passed resolutions against each other in their respective legislatures, putting forward their claim on the border villages.

    The border issue dates back to 1957 when States were reorganised on linguistic lines. Maharashtra laid claim to Belagavi, which was part of the erstwhile Bombay Presidency, as it has a sizeable Marathi-speaking population. It also laid claim to over 800 Marathi-speaking villages which are currently a part of Karnataka.

    Karnataka maintains that the demarcation done on linguistic lines as per the States Reorganisation Act and the 1967 Mahajan Commission Report is final. And, in an assertion about Belagavi being an integral part of the State, Karnataka built the Suvarna Vidhana Soudha there, modelled on the Vidhana Soudha, the seat of the State Legislature and Secretariat, in Bengaluru.

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    #Karnataka #stop #Maharashtras #health #insurance #scheme #border #villages #Bommai

    ( With inputs from www.siasat.com )

  • Shinde govt rattled as 1.8 mn govt employees strike for Old Pension Scheme

    Shinde govt rattled as 1.8 mn govt employees strike for Old Pension Scheme

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    Mumbai: Around 1.8 million Maharashtra government employees in various departments, schools, colleges, hospitals and other sectors on Tuesday started an indefinite strike to press for a return of the Old Pension Scheme.

    Facing its biggest challenge, the 9-month old government of Chief Minister Eknath Shinde and Deputy CM Devendra Fadnavis has warned of action against the striking employees while offering an olive branch to discuss and consider their demand after taking into account the financial implications.

    However, the striking unions are adamant and declared that they want an immediate announcement on OPS – which was discontinued in 2005.

    “We are collecting the figures, but a majority of the state government employees across departments have joined the strike and will continue till we succeed,” Government Employees Unions Steering Committee Convenor Vishwas Katkar told media persons.

    The OPS was replaced by a new pension scheme in which the pension amount was deducted from the employees’ salaries, unlike the previous version.

    Explaining the effect, Katkar said that in OPS, the employees use to get 50 per cent of the basic salary as pension, but in the new scheme, the amount is barely 25 per cent of the basic pay.

    As the Class I and II employees are not part of the strike, there is only a partial impact on the normal working of various departments.

    However, the strike has hit various government schools, colleges with teaching and non-teaching staff staying away, paramedics and nurses in hospitals, plus Class III and IV cadres remained off work.

    The working was also affected in government offices in urban and rural centres and districts as a majority of the civic employees are also joining the agitation for OPS.

    Nevertheless, in certain major cities like Mumbai, where the civic employees are keeping off the strike, the impact would be minimal, though they have expressed solidarity with their striking fraternity.

    Chief Secretary M.K. Srivastava on Monday directed all Divisional Commissioners and Collectors to take appropriate measures to avoid any inconvenience to the common people.

    Shinde said that the government will constitute an administrative committee of top officers to study the OPS demands and it would submit its report within a given time-frame, but the employees unions insist it should be accepted as a policy.

    The clamour for the OPS started ahead of the state budget session with a series of protests, processions, marches across the state to revert to the previous scheme.

    The move gained momentum after at least half a dozen states – Rajasthan, Himachal Pradesh, Jharkhand, Chhattisgarh, West Bengal and Punjab – announced their plans to revert to the OPS last month.

    Rebutting the state government’s arguments that it would hit the state’s already stressed financial situation, Katkar and other leaders said that if it is not affecting the economy of other states, then how could it affect Maharashtra.

    He argued that since most employees shall retire only after another 10-12 years, the state government can systematically plan the OPS implementation without any adverse financial impact.

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    ( With inputs from www.siasat.com )

  • Opposition misguiding war widows on scheme for martyrs’ families: Ashok Gehlot

    Opposition misguiding war widows on scheme for martyrs’ families: Ashok Gehlot

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    Jaipur: Rajasthan Chief Minister Ashok Gehlot on Sunday defended the benefits reserved for the martyrs’ families under a state scheme saying that the BJP leaders are misguiding the people and maligning the image of Rajasthan.

    “The kind of package given by Rajasthan government to the war widows, be it of the Pulwama, Balakot, or Kargil, doesn’t exist anywhere in the country. I had brought the package when I was chief minister around 25 years back,” Gehlot told reporters after attending a programme.

    He said that under the package the martyrs’ families are allotted land and housing, schools are named after martyrs, and jobs are kept reserved for their children.

    The Chief Minister’s remarks came on the heels of a protest being waged by three war widows, who have been demanding a change in rules so that their relatives and not just children can get government jobs on compassionate grounds.

    “Why are they asking for jobs after four years? The incident happened in 2019 but there was no demand then and now suddenly after four years the issue is raised. They (BJP leaders) are misguiding the people and maligning the image of Rajasthan,” Gehlot on Sunday said.

    “If they (BJP leaders) continue to act in such a manner, then people will give them a befitting reply. We are giving a good package to martyrs’ families. How can they ask for jobs for someone else other than the children,” he said.

    The CM said that he had met the war widows on Saturday who said they want jobs to be reserved for their children.

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    #Opposition #misguiding #war #widows #scheme #martyrs #families #Ashok #Gehlot

    ( With inputs from www.siasat.com )

  • Is BJP planning detailed study on old pension scheme?

    Is BJP planning detailed study on old pension scheme?

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    Jaipur: If sources in political circles are to be believed, the saffron party is thinking of working on the old pension scheme (OPS) for the government employees.

    The BJP government in Karnataka has reportedly formed a committee to study the OPS. This committee will come to Rajasthan soon as the desert state has announced OPS for its state employees.

    It needs to be mentioned here that the Assembly elections are to be held in Rajasthan, Madhya Pradesh and Chhattisgarh five-six months after the Karnataka polls which are scheduled somewhere in May, however the final date is to be announced.

    In such a situation, it seems that the BJP will soon clarify its stand on OPS in these states also. If this happens, then the old pension scheme will become a big issue in the Lok Sabha elections to be held after 13 months.

    Meanwhile, BJP state president Satish Poonia expressed his unawareness on any such development.

    Speaking to IANS, he said, “This is a policy matter and Delhi has to decide on it. We will follow the line which the party gives us. Veteran leaders are analysing the issue and finding a ‘vikalp (solution)’ that will be the party line later on. We will be able to give an official version once it is finalised.”

    Meanwhile, he said, “We spoke to Himachal Pradesh former Chief Minister and he denied OPS to be the key reason for why the party lost. There were many factors of the poll loss and one amongst was factionalism. The ex-Himachal CM told me.”

    Congress leaders have been promoting that OPS was the major reason why the saffron party lost in Himachal, however, Poonia mentioned many other reasons for the party’s defeat.

    Meanwhile, Poonia said that central leadership will decide on how to take this issue in future, he added.

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    #BJP #planning #detailed #study #pension #scheme

    ( With inputs from www.siasat.com )