Pay commission started in 1946 January and submitted its report to Interim Government of India in May 1947.
THE ABOVE IMAGES ARE NATURAL DISASTERS. THE WHOLE WORLD IS DISTURBED BY THESE DISASTERS.Recently in India we had two such disasters in Kerala and Tamil Nadu i.e. in South India.
When I read through the blog post by Lovemoney on MSN regarding currencies that are next worth to nothing I was shocked . I felt a shiver in my heart . I went to the blog to see the weakest currencies of the world and also the international purchasing power of our rupee.
Money/Finance is not evil or vice. This depend on who holds this money and how he uses/invests it to multiply. It is always said Money speaks only one language . It will come to help if saved
PAY COMMISSION is an mechanism/System setup by Government of India in 1956 to upgrade the salaries , other monetary benefits, service benefits, pensionary benefits of all Central government employees and Armed forces. Alongside State Governments, Union Territory Governments, Village Panchayat, University teachers, Semi government Bodies, government Corporations, Municipalities etc also determine their pay scales on par with Central government scales.
aLTHOUGH WE ALL KNOW WITHOUT MONEY OR CURRENCY NOTHING IS POSSIBLE, YET WE SEE THE FALLAND RISE OF CURRENCY RATE OR MARKETS ARE DEPENDENT ON SEVERAL FACTORS AFFECTING THE WORLD SCENARIO. HENCE THE QUESTION IS SUPREMACY OF MONEY OR FINANCE IN THIS WORLD? ANSWER I HAVE GIVEN MAY OR MAY NOT APPEAL TO YOU. YOU CAN WRITE YOUR OPINION.