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Beauty Contest Theory

There is an interesting theory about human decision making behaviour. Name of the theory is "Beauty Contest Theory" which was developed by John Maynard Keynes, an Famous Economist of 1930s.

Economy measures in autonomous bodies

The Expenditure Department under Ministry of Finance has decided that the appropriate economy measures (similar to those measures introduced for all Central Government Departments/Ministries) has to be initiated in the Autonomous bodies…

Continuation of Ad-hoc appt. of UDCs of CSCS

The Department of Personnel (DOPT) has issued a OM dated 28.06.2012 wherein it has been noted that the availability of regular UDCs through normal modes of recruitment prescribed under the CSCS Rules may take some more time. The DOPT has…

Tamil Nadu Govt raises HBA ceiling to 25 Lakhs

Based on long standing requests from the staff side, the Government of Tamilnadu has decided to increase the ceiling of House Building Advance to its employees from 15 lakhs to 25 lakhs, due to escalation in the cost of land and building…