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Pension Scheme for KSFE Staff Under Consideratio

THIRUVANANTHAPURAM: The State Government will favourably consider implementing a pension scheme for the employees of Kerala State Financial Enterprise (KSFE), said Chief Minister Oommen Chandy

Published: 03rd February 2012 05:56 AM  |   Last Updated: 16th May 2012 05:48 PM   |  A+A-

THIRUVANANTHAPURAM: The State Government will favourably consider implementing a pension scheme for the employees of Kerala State Financial Enterprise (KSFE), said Chief Minister Oommen Chandy.

Inaugurating the twenty-third state conference of the Financial Enterprises Employees Association (FEEA) here on Thursday, the Chief Minister said that the KSFE employees are the driving force behind the institution’s success.

 Power Minister Aryadan Mohammed, who presided over the inaugural function, said that the KSFE faced setbacks during the past LDF Government’s tenure. He said the KSFE was a role model for public sector institutions.

 ‘’KSFE which had a modest beginning with a 25 lakh fund now had a deposit of Rs 1600 crore in the state treasury,’’ he said.

Excise Minister K Babu who delivered the keynote address flayed the previous LDF government for unnecessarily introducing new chitties. ‘’Though several new chitties were launched during that period increasing the annual turnover, the profit didn’t rise commensurately,’’ he said.

 Earlier, FEEA president V S Hareendranath hoisted the conference flag. Reception committee chairman K Mohankumar, FEEA general secretary P S Suraj and general convener S Prakash spoke at the function.



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