Thursday, June 20, 2013

‘Ministry not planning to increase retirement age of govt employees’

...........Officials in the Ministry said increasing retirement age requires a detailed consultation with all stake holders and discussion with the Finance Ministry. Without the Finance Ministry’s permission the matter cannot not be processed, they said. At a time when government is working on austerity drive by cutting expenditure and putting in efforts to rein in current account deficit (CAD), the move to increase retirement age will also burden the exchequer’s kitty, they said..............

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