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.The government and private sector should forge a new partnership to fuel a post-pandemic recovery that could include greater financial contributions from businesses to aid policy reforms, some of Britain's leading bosses have told Boris Johnson.
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The fate of the Vauxhall plant at Ellesmere Port remains in doubt after its parent company confirmed it would not invest in building a new model at the site without guaranteed support from the government.
Asda has warned that 3,000 workers in its stores are at risk of losing their jobs as the chain plans to ramp up investment in online sales.
Serco's decision to pay an annual dividend has been criticised by Sir Keir Starmer after the company's revenues were boosted by £350m from Test and Trace.
Global airlines are expected to burn through as much as $95bn more cash this year after tighter coronavirus restrictions put the brakes on recovery, according to an updated forecast.
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