New Year Greetings നവ വത്സരാശംസകൾ

ISROfef  wishes all  its  visitors, a

Very Happy and Prosperous New Year

ISROfef wish you a healthy wealthy and  peaceful year ahead

എല്ലാവര്ക്കും   നവ വത്സരാശംസകൾ 

54 to 50

I hope the readers would recollect that ISROfef  hinted at the large order difference in Pay (and so Pension) between the PB3 and PB4 bands in the 6CPC recommendations and implementation.

The point was mainly regarding the  difference between SE (in PB3) and SF (in PB4)  scales.  Such large difference doesnot exist  between other succeeding scales. Accordingly, suggestions were given to 7CPC to rectify this, by improving on SE scale. Infact, they considered it and attempted to smooth out the large difference, by using a  higher Multiplication factor.  ie. 2.67 against 2.57 ( Refer 7CPC- PayMatrix).

In 6CPC,  SF (PB4)  pay was  54 % more than  SE (PB3) pay.  Therefore,  Pensions too !

In 7CPC, this difference is brought down to  50 % !!

Merry Christmas

ISROfef 

wishes all associates and visitors 

a very Happy Christmas

Dil Maange More

“I wish I Could Make Everyone Happy – Everyone wanted a huge hike. ...... "

“It’s Dil Maange More for everyone in the government, We can’t give everything to everyone. If we conceded, the government of India will go bankrupt. Even then, if our recommendations are accepted as they are, the government will need Rs.1,02,100 crore. That’s a huge burden.”

These are the words of  Justice AK Mathur, 7CPC Chairman, during a recent interview.

Would you like to say something here ???

From Fishing Hamlet to Red Planet

This precious book is a must for every ISRO Engineer's collection.

You may have the free e-book. But a hard-copy is always very precious and will boost your prestige as an ISROite.  Your grand-children will thank you for your smart decision .


Harper Collins is now ready with the print and for distribution of this Book. It's available from Amazon  at a  25 % discount.

Please order your copy right now !  Click here to order. 

From Fishing Hamlet to Red Planet

  Rs.   749.00

• M.R.P.:    999.00
• You Save:    250.00 (25%)
• Inclusive of all taxes

 FREE Delivery.
Cash on Delivery eligible.

This title will be released around December 30, 2015. 
Pre-order now.

SpaceX's Falcon 9 - The challenge

Today's report on  SpaceX's Falcon 9  should inspire ISRO, on every count.
Its great ! It's marvellous !!

I hope ISRO must be watching these technological jumps.   Please read a report from "BusinessLine".

The oily thing - Crude and 7CPC

If you wonder what Crude oil is to do with 7CPC and OROP, don't get confused anymore. This "BusinessLine " report clearly tells you how the Government is looking at Crude oil prices before thinking on the proposed 7CPC implementation.

Let's all wish and pray , the crude trades below 50 $ for the next couple of years. It's 36.05 $ today !! That's too good indeed !  But, its oil.... always slippery !!