No proposal for reduction of pension: Govt
New Delhi: It has come to the notice of the Department of Pension & Pensioners’ Welfare of the Union Ministry of Personnel, Public Grievances and Pension that in the wake of the current pandemic, Covid-19 and the ensuing economic scenario, many rumours are afloat that the Government is contemplating a reduction/stoppage of Pension which has become a source of worry for the Pensioners.
As clarified earlier, it is being reiterated that there is no such proposal for reduction of pension and no action is contemplated by the Government in this respect. Instead, the Government is committed for the welfare and well being of the pensioners.
SAIL is largest domestic crude steel producer
New Delhi: Steel Authority of India Limited (SAIL), the Maharatna Steel PSU, has become the leader of crude steel production in India in FY 2019-20. SAIL produced 16.15 Million Tonnes of crude steel during the financial year 2019-20 and it was the highest among all other steel producers in the country. Anil Kumar Chaudhary, Chairman, SAIL has commented, “SAIL has been continuously focussing on ramping up its steel production from the new units, which came up under modernisation along with optimally utilising the older units. The concerted efforts to increase volumes have resulted in the Company becoming the largest domestic steel producer in FY’20.”