No Performance Related Incentives for BARC and ISRO From Now


No Performance Related Incentives for BARC and ISRO From Now

Till now BARC and ISRO have enjoyed performance related incentives but the recent cabinet meeting has decided to cut it down to reduce extra burden on the economy.

Till now BARC and ISRO have enjoyed performance related incentives but the recent cabinet meeting has decided to cut it down to reduce extra burden on the economy. According to the sources, in a cabinet meeting headed by the state minister for space and secretaries from Bhabha Atomic Research Center and Department of Space it has been decided that now PRIS or Performance Related Incentive Scheme is not required since the scientists in these organizations are already getting the highest salaries in the country. 

Ferry scandal fall-out sees harbour buy-up and new contracts for beleaguered shipyard

The after-effects of a debacle that has seen taxpayers pay hundreds of millions for a pair of ferries at nearly four times the original budget, are continuing with the harbour that was too small to fit the ships set to be taken into public ownership.

'Our house is worth £550,000 - what are pros and cons of equity release?' | Money newsletter

More than 165,000 people have now signed up to our free Money newsletter, which brings the kind of content you enjoy in the award-winning Money blog directly to your inbox every Friday.

UK growth forecast downgraded and unemployment will peak this year, chancellor reveals

The UK's economic forecast has been downgraded for 2026 but will then improve - and unemployment will peak this year, the chancellor has revealed.

UK bills cannot escape the forces of Iran war

The economic impacts of the Iran war are already being felt in global markets, and could raise energy prices and wider consumer bills in the UK before long.

Iran war leaves forecast for low UK inflation not worth the paper it was written on

The rise in gas prices over the past 48 hours is without precedent.


Main article is FAKE. Create your own fake news.