For this, the airline will soon start a new crew rostering project. In his weekly message to the employees on Friday, the CEO of the company said that the crew rostering project is about to start.

According to the news of ET, Campbell Wilson, CEO of Tata Group’s airline Air India, said that the company is going to work in this direction to provide better support to the crew members. Because the crew or crew member should have better standby for last minute call-up.

New appointments to reduce workload

Air India is starting crew rostering project as part of ambitious transformation plan. The CEO said that with the hiring of more than 500 new crew members every month, we will be able to train the entire crew. Air India CEO said that this project will enable the airline to roster its crew and bring in the latest technology and capabilities available in the market.

The airline has said that the company has developed software for its crew members, so they will be able to take advantage of a more organized and fixed roster for the rest of this year. With the help of this, they will be helped in increasing the operational capacity of the airline.

Earlier in May, the CEO of Air India had told that the total employee strength of all the 4 airlines of the Tata Group would be around 20,000. So far this year, Air India and Air India Express have hired over 3,900 employees, including over 500 pilots and 2,400 cabin crew members.

Let us tell you that in February this year, Air India has ordered 470 state-of-the-art passenger aircraft. For this, the company has signed the world’s largest aircraft purchase deal with America’s Boeing and France’s Airbus. This is the first time Air India has placed such a big order after 16 years.

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For this business, you just have to apply to become an agent by visiting the website of Indian Railway Catering and Tourism Corporation (IRCTC). Through which you can earn thousands of rupees every month sitting at home. Let us tell you how you can start this business.

Earning up to 80,000 every month

Indian Railway Catering and Tourism Corporation ie IRCTC is a service of Railways. Through this, many other facilities are available from train ticket booking. Now you can earn thousands of rupees every month with the help of IRCTC. You do not need to go anywhere for this. You will be able to earn while sitting at home. For this you just have to become a ticket agent. Instead, you will be able to earn up to 80 thousand rupees a month.

You can earn by becoming an IRCTC agent,

the way clerks deduct tickets at railway counters, in the same way you also have to deduct tickets to passengers. To book tickets online, you have to apply to become an agent by visiting the IRCTC website. After that you will become an authorized ticket booking agent and will be able to earn big money sitting at home. If you become an authorized ticket booking agent of IRCTC, you can book all types of train tickets, including Tatkal, RAC etc. Agents get a substantial commission from IRCTC on booking tickets.

If you are an agent and booking non-AC coach ticket for a passenger, then you will get a commission of Rs.20 per ticket and Rs.40 per ticket for booking AC class ticket from IRCTC . Apart from this, one percent of the ticket price is also given to the agent.

How much fees will have to be paid?

To become an agent of IRCTC, some fees also have to be paid. To become an agent for one year, IRCTC will have to pay a fee of Rs 3999. If you want to become an agent for two years then you have to pay Rs.6999. Apart from this, as an agent, a fee of Rs 10 per ticket will have to be paid for booking 100 tickets in a month, while Rs 8 per ticket for booking 101 to 300 tickets in a month and Rs 8 per ticket for booking more than 300 tickets in a month. Ticket fee of five rupees has to be paid.

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Money is needed to earn money, but it is more important to know where to invest the money so that it can give you good profits. If you want to earn money by staying risk free then you have many investment options, one of them is New Pesnion System.

Earn 1 crore by saving Rs 150 daily

You can improve your old age by investing in NPS. Even if you save Rs 150 a day in NPS, you will get Rs 1 crore at the time of retirement. Investing in this is absolutely easy and low risk. Although NPS is a market linked investment.

You can earn huge profits by investing in NPS

NPS is a market linked retirement oriented investment option. Under this scheme, NPS money is invested in two places, Equity i.e. share market and Debt i.e. government bonds and corporate bonds. You can decide how much of NPS money will go into equity only during account opening. Usually up to 75% of the money can go into equity. This means that in this you are expected to get slightly higher returns than PPF or EPF.

We are going to tell you that if you have just started a job, you do not even have much money to invest, then it does not matter if you save Rs 150 per day and invest in NPS.

Suppose you are 25 years old at this time. If you invest Rs 4500 a month in NPS, that is, Rs 150 for a day. Will take retirement after 60 years. If this is assumed, then you will invest in it for 35 consecutive years. Now suppose that you got returns at the rate of at least 8%. So when you retire, your total pension wealth will be Rs 1 crore.

Start investing in NPS

Age 25 Years
Investment per Month Rs 4500
Investment Tenure 35 Years
Estimated Return 8%

Bookkeeping of NPS Investments

Total invested Rs 18.90 lakh
Total interest received Rs 83.67 lakh
Pension wealth Rs 1.02 crore
Total tax saving Rs 5.67 lakh

how much pension will you get

Now you cannot withdraw all this money at once, you can withdraw only 60 percent of it, the remaining 40 percent you have to put in an annuity plan, from which you get pension every month. Suppose you put 40% of your money in an annuity. So you will be able to withdraw a lump sum amount of Rs 61.54 lakh and assuming the interest is 8%, then every month pension will be Rs 27,353 thousand that is different.

pension account

Annuity 40 percent
Estimated interest rate 8 percent
Lump sum amount received Rs 61.54 lakh
Monthly pension Rs 27,353

We have started investing here at the age of 25. If you start investing early then your pension corpus is huge. The amount of pension depends on the amount you are investing monthly, at what age you have started investing and the returns you are getting. The example we have taken here is on estimated returns. It may be different in each case.

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But it is expected that the government can make an announcement on this in the first week of September. However, there has not been any official statement from the government on this. Recently, Union Minister of State Pankaj Chaudhary has made it clear in the Lok Sabha that at present the Eighth Pay Commission will not come.

Dearness Allowance of employees was increased in March

Under the 7th Pay Commission, the dearness allowance of central employees was last increased by 3 percent in March 2022. At that time it was increased from 31 to 34 percent. At that time, the increase in DA was implemented from January 1 and the employees were given salary with two months arrears. According to the rules, DA should be increased every six months. According to this, the DA hike of the employees is due from July 1.

What will be the increase in DA?

The government uses the data of the AICPI-IW (All India Consumer Price Index- Industrial Worker) index for how much the Dearness Allowance of the employees will increase. The figures for the first half of AICPI-IW have been released. The index has reached 129.2 in June. The increase in DA is sure to increase by 4 percent due to the rise in the index.

When will the money of 38% DA come?

After increasing the dearness allowance by 4 percent, the dearness allowance of central employees will increase to 38%. If it is announced in the beginning of September, then the increased dearness allowance will be paid in the salary of September 2022. In such a situation, the arrears of July and August will also be included in this. Let us see how much will the minimum and maximum basic salary increase with 4 percent DA?

Calculation on maximum basic salary

1. Basic salary of employee Rs 56,900 
2. New dearness allowance (38%) Rs 21,622/month
3. Dearness allowance so far (34%) Rs 19,346/month
4. How much dearness allowance increased by 21,622-19,346 = Rs 2260/month
5. Increase in annual salary 2260 X12 = Rs 27,120

Calculation on minimum basic salary

1. Basic salary of employee Rs 18,000 
2. New dearness allowance (38%) Rs 6840/month
3. Dearness allowance so far (34%) Rs 6120/month
4. How much dearness allowance increased 6840-6120 = Rs.1080 /month
5. Increase in annual salary 720X12= Rs.8640

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