New KRAs added to CPSE brass' appraisal https://ift.tt/W9bGlpD of revised appraisal guidelines means that chairman and managing director as well as other top-level officials of a CPSE could lose their performance-related pay (PRP) in case they are unable to meet their target in key result areas (KRAs) including rationalisation of subsidiaries or joint ventures, market capitalisation improvement goals, return on capital employed, asset turnover ratio.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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