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Madhya Pradesh to introduce centralised pension system
June 01, 2008, Bhopal: The Madhya Pradesh government Saturday announced that it would introduce a centralised pension scheme for its employees.
The decision was taken at a state cabinet meeting held under the leadership of Chief Minister Shivraj Singh Chouhan.
The Directorate of Pension would be declared Central Pension Treasury and its office would be upgraded.
Since the Pension Fund Regulatory Depository Authority (PFRDLA) has appointed the National Security Depository Ltd (NSDL) as central record keeping agency and the SBI Pension Fund Ltd, UTI Retirement Solution Ltd and LIC Pension Fund Ltd as pension fund managers, the state government would also appoint these institutions accordingly.
After the introduction of the centralised pension system, a government contribution, equal to the contribution of the employees, would be deposited with the Directorate of Pension.
The cabinet also accorded sanction for payment of five percent dearness allowance (DA) to the government employees from June 2008 and six percent DA from July 1, 2008 and also pension relief to pensioners.
With this move, the rate of DA being paid to the government employees and dearness relief to the pensioners would be 41 percent from June 1 and 47 percent from July 1 respectively.
This benefit would also be given to the teachers cadre constituted by the state government in April 2007. The payment of DA and dearness relief would entail an additional financial burden of Rs.6.98 billion annually on the government.

Yoga Summer Camp held in BHEL township
Bhopal, May 31 (Pervez Bari): A Yoga summer camp was organized by the Yoga Research Center under the Guidance of Dr NC Agarwal, Chief of the Medical Services, Kasturba Hospital.
About 75 Children in the age group of 7 to 18 years from different areas of BHEL township and satellite colonies attended the 10 day camp at Yoga Research Center at Habibganj. Amrit Bindu and Pratima Prasad conducted the training camp who have been trained and educated in Bihar School of Yoga, Munger and are practicing the Satyananda Yog. They are presently responsible for establishing the Yoga Research Center at Habibganj in collaboration with the doctors of Kasturba Hospital, BHEL, Bhopal. This center is conducting the various research studies of certain chronic diseases on a regular basis and running a regular Yoga OPD consultation at Kasturba Hospital where patients can get the Consultation regarding the Yogic practices.
In the concluding function, children appreciated the summer camp and felt subjectively a sense of well being. They wished that such camps for children should be a regular feature of the center.
In the concluding session, Dr Sarla Menon, Chairperson, Yoga Research Center appreciated the efforts of yoga teachers and congratulated the children for taking interest in yoga at such a tender age. (pervezbari@eth.net)