Balagangadharan V P

Congrats Balagangadharan ! We are proud of you !!






Sri. VP Balagangadharan has been selected for the Kerala Science Literature Award 2015 ( instituted by  Kerala State Council for Science, Technology  and Environment ) , This award is conferred on him for his commendable contribution to science literature in Malayalam. This carries a cash prize of Rs. 50000, a plaque,  and a Ceretificate.

He won this award for the best Science book (popular science) for his work titled "Mangalyaan - oru sasthranjante kurippukal "

Congrats Baaloo ..  !!

2 % DR for Pensioners

Yes... it's announced. 
2% DA/DR , w e f 1-7-2016,  announced by Govt yesterday.

CHSS News

Download / Read these Circulars

CHSS News
VSSC has sent us, the Pensioners, a set of Seven Circulars ( dt Jan to Oct 2016 period) now. The summary of information from these Circulars is as below.

Circular dt. January 05, 2016
Amala Cancer Centre (Trichur) is now recognised for all specialities ( Cardiology, Cardiothorasic surgery, and Nephrology, in addition to the earlier approved Oncology ) . This requires prior permission from Administration, VSSC/LPSC/IPRC/IIST )

Circular dt. May 06, 2016
Certain OP / IP facilities at KIMS , Trivandrum , derecognised during April 2015, are now reinstated.

Circular dt. June 07, 2016
Vijaya Hospital, Kottarakkara is recognised under CHSS for consultation and treatment.

Circular dt. July 22, 2016
AIMS, Cochin (Amrita) is now approved for all specialities/ Departments. Prior permission from Administration is NOT required (as per the new Circular dt October 24, 2016 )

Circular dt. August 02, 2016
Indian Institute of Diabetes, Pulayanaarkotta, Trivandrum is now recognised for Consultation and treatment.

Circular dt. October 17, 2016
Little Flower Hospital, Angamaly is now recognised for all beneficiaries from VSSC/LPSC/IISU. for Ophthalmic treatment.

Download / Read these Circulars

DA increase due on July 1, 2016

Routines are changing !  It used to be well before Deepavali, and arrears paid a week before the holidays. But everything changes over time. Believe me its all for those "ache din" coming up.

This is about the July installment of DA. This time, it's not yet decided .  Reports say that the Ministry is likely to discuss and decide on the DA today.  Earler reports said the Govt may consider 1 % DA increase. But today the reports talk about 2 %, against the Employees Federations demanding 3 %.

But we Pensioners have NO role in this process. Just accept whatever is given by the Govt.

Let's all hope that the announcement comes TODAY and the increase in DA and arrears are paid in a week's time.

Please be aware of this too !  DA increase over 1-1-2016 :  
June 16       2.91 %
July  16      3.44 %
August 16   3.69 %

Euthanasia

Most of you, I am sure, will not be inclined to read this. However, at least for academic interest, please read on.

It may take another century for our countrymen to  legalise euthanasia !

( Copied from BusinessLine )

Navarathri Greetings

Navarathri days are just over .  However, please accept this belated 

Navarathri Greetings.

Navarathri Greetings.

Navarathri Greetings.

The sweet pill, the bitter pill !

The most important news  headline today ( other than war related ) is “ RBI delivers the cut that cheers”.  As you know, its regarding the repo rate cut by 25 bps ( ie, 0.25 %) now effected by RBI . This  is expected to  a cut in the Bank interest rates by the same extend.  This is certainly good for the overall economy and growth. That’s very fine indeed !

But who  really  benefits  from this  interest rate  reduction ?  The advantage is for the new borrowers.  And definitely not for the existing borrowers , as the banks do not extend the cuts to existing loan accounts, and they retain the erstwhile base rates.

So, new borrowers get a sweet pill !  Earlier borrowers get a bitter pill !

And how about us, the pensioners ?  Being a pensioner, it is most probable that you have some Fixed Deposits in the Bank. You may be depending a lot on the interest income on this. If it’s so for you, you get a very bitter pill !  The interest will get reduced immediately now on ( Banks are too smart to reduce deposit rates !) and your returns are down !

Now , do you know who cheers ?  Its certainly not any cheer for the pensioners.