Latest news with #ToR
Barnama
30-05-2025
- General
- Barnama
MPOGCF Introduces Wildlife Interaction Management Model To Assist Oil Palm Smallholders
KUALA LUMPUR, May 30 (Bernama) -- The Malaysian Palm Oil Green Conservation Foundation (MPOGCF) introduced the Wildlife Interaction Management Model, which integrates smallholder communities and palm oil plantation companies to achieve coexistence with wild elephants. In a statement today, MPOGCF announced that the management model, a first of its kind in Peninsular Malaysia, was established as a result of the collaboration between MPOGCF and Earthworm Foundation (EF) through the pilot project Achieving Coexistence with Elephants in Sungai Ara, Kota Tinggi in Johor, implemented over an area of 8,400 hectares. 'This project also involves the Malaysian Palm Oil Board (MPOB) which aims to ensure the survival of wild elephants without compromising the safety and income sources of smallholders in the affected areas," according to the statement. Throughout the implementation of the project, 412 individuals from the Kampung Sungai Ara community, FELCRA (Federal Land Consolidation and Rehabilitation Authority) as well as representatives of government agencies and plantation companies participated in various capacity-building workshops focusing on managing human-wildlife interactions, the use of drone technology and best mitigation practices. "Among the main achievements is the installation of 10 Early Warning System (EWS) units in the Sungai Ara Plantation Cooperative (KPSA) and FELCRA plantation areas, which help the community detect the presence of elephants earlier. 'Additionally, period patrols supported by drone technology are also implemented and two youths from Sungai Ara who are also oil palm smallholders, have been certified as drone pilots by the Civil Aviation Authority of Malaysia (CAAM)," said the statement. To ensure the effectiveness and direction of management in a more systematic and coordinated manner, the Human-Elephant Coexistence Committee (HEC) and Terms of Reference (ToR) were established during the committee's first meeting in November 2023, which successfully drafted and approved the flowchart for managing human-elephant interactions. MPOGCF general manager Hairulazim Mahmud said the initiative proves that coexisting with wildlife such as elephants can be effectively managed with the active involvement of smallholders and various stakeholders. "This project not only helps enhance the community's ability to interact harmoniously with the presence of wild elephants but also provides awareness and new skills to smallholder communities.
West Australian
28-05-2025
- Business
- West Australian
Titanium Sands retains Sri Lankan tenements for mining licence push
Titanium Sands Limited (TSL) has locked in its Mannar Island heavy mineral sands project for a final push towards production, after the Sri Lankan government extended its four key exploration licences. The retention paves the way for the company to complete its ongoing environmental studies and brings it closer to securing the all-important industrial mining licence (IML) for its high-grade mineral sands deposit. The four approved licences encompass the project's high-grade zones, which TSL's 2023 scoping study projects will gross stage one revenue of nearly $2 billion and a net present value of $545 million. The licence retentions also come after the government issued terms of reference (ToR) earlier this year outlining the requirements for TSL's upcoming environmental impact assessment process. The company says the approvals will enable it to finalise its studies to address the terms of reference requirements, a critical final step before TSL obtains its mining licences. TSL says it is targeting a mid-year environmental impact assessment submission, which will position it to apply for the mining licence and unlock the project's potential to produce up to 150,000 tonnes of heavy minerals annually, with a pre-production capital expenditure of just $122M. The company is prioritising stakeholder engagement. Government departments and local community consultation were all factors in the project's retention. It says the project's rehab and sustainability initiatives are expected to create up to 600 direct in-country jobs and support a further 1200 jobs through community-owned agricultural projects, fostering long-term economic growth in the Mannar region. The Mannar Island project hosts a high-grade resource of 318Mt grading at 4.17 per cent total heavy minerals, including an 82Mt high-grade zone running at 6.03 per cent heavy minerals. With a low capital intensity and robust financial projections, the project is poised to become a globally significant ilmenite producer, contributing to Sri Lanka's economy and supporting the need for new titanium mineral supplies as global mineral sands projects deplete. TSL says it remains committed to a low-impact, environmentally responsible operation, with community engagement at its core. With the environmental impact assessment process underway and government backing strengthening, TSL looks poised to quickly lock in its mining licence application, which represents a pivotal milestone in its journey to join the global ranks of mineral sands producers. Is your ASX-listed company doing something interesting? Contact:
NDTV
20-05-2025
- Business
- NDTV
8th Pay Commission: Expected Impact On Salary And Latest Updates
The Indian government has announced the establishment of the 8th Pay Commission, which will impact over 1 crore central government employees and pensioners. This commission will determine salary and pension revisions, with key discussions centred around the fitment factor and minimum wages. The fitment factor is a crucial multiplier used to revise salaries. The 8th Pay Commission's decisions are eagerly awaited by millions of employees and pensioners, who hope for significant revisions reflecting current economic realities. What is the fitment factor? A multiplication unit is used to revise salaries. In the 7th Pay Commission, it was set at 2.57, increasing the minimum salary from Rs 7,000 to Rs 18,000. To calculate a revised salary using a fitment factor, you multiply the current basic pay (which includes basic pay and grade pay) by the fitment factor. Revised Basic Pay = (Current Basic Pay + Grade Pay) X Fitment Factor Current Demand: Employee unions are pushing for a fitment factor higher than 2.57, while experts predict it might be around 1.92 to 2.86. Expected Outcome: The commission's recommendations will affect not only salaries but also pensions and allowances for central government employees, defence personnel, and pensioners. "We are waiting for the Terms of Reference for the 8th Pay Commission to be approved. Then we will move ahead with our demand for these (fitment factor and minimum wage)," a member of the National Council-Joint Consultative Machinery, or NC-JCM, told NDTV Profit on the condition of anonymity. NC-JCM, notably, is an official body comprising bureaucrats and employee union leaders, and its purpose is to resolve all disputes between the government and staff through dialogue. Once the ToR is approved, the staff side's focus will shift towards their demands to be made before the 8th Pay Commission, and the foremost will be their ask related to the fitment factor and minimum wages, another NC-JCM member said. Discussions are ongoing, and the government's approval of the Terms of Reference will pave the way for finalising the fitment factor and minimum wages. The commission's decisions are eagerly awaited by millions of employees and pensioners, who hope for significant revisions that reflect current economic realities.
India.com
20-05-2025
- Business
- India.com
8th Pay Commission BIG Update? Is Modi government planning to reject 2.57 fitment factor demand? What we know so far
New Delhi: The central government in January announced the setting up of the 8th Pay Commission. After the implementation of the 8th Pay Commission, the salary and pension of over 1 crore central government employees and pensioners will be revised. Since the pay panel announcement, speculations are rife that the new pay panel may settle for a fitment factor in the range of 2.57 to 2.86. It is important to note that the 2.57 was the fitment factor was adopted by the 7th Pay Commission and witnessed the minimum basic salary rise from Rs 7,000 to Rs 18,000 – a 2.57 times jump. According to the reports, the Staff Side of the National Council Joint Consultative Machinery (NC JCM) has sought a fitment factor higher than 2.57 – one that was fixed by the 7th Pay Commission. The NC JCM Staff Side is a group of representatives who negotiate with the government on behalf of central government employees. This year, the Staff Side put forth as many as 15 demands to be included in the Terms of Reference (ToR), which is expected to be rolled out this month before the 8th Pay Panel starts working. Among its various demands, the Staff Side wants the pay panel to examine and revise the pay, allowances, pensions, and retirement benefits for central government employees, including industrial and non-industrial staff, All India Services, Defence and Paramilitary forces, Gramin Dak Sevaks, and other categories. What happened when the 7th Pay Commission came? In 2015, when the recommendations of the 7th Pay Commission came, the Staff Side demanded the hike in minimum wage to Rs 26,000. This was about 3.7 times more than the minimum wage of Rs 7,000 at that time. The Staff Side said that this amount was decided on the basis of the recommendations of the 15th Indian Labour Conference and the needs of the common employees. But the commission did not accept these demands completely. They were calculated on the basis of the Aykroyd formula and Rs 18,000 minimum wage and a fitment factor of 2.57 was decided. What happened to the 6th Pay Commission? To recall, when the 6th Pay Commission came, the staff side had demanded a minimum wage of Rs 10,000. Their argument was that if public sector employees can work on a certain salary, then central government employees should not be treated differently. However, the commission dismissed this demand as not based on facts and initially calculated the minimum basic pay to be ₹5,479. This amount was later revised slightly upward—first to ₹6,600 and eventually to ₹7,000.
News18
10-05-2025
- Business
- News18
8th Pay Commission: How Much Salary Hike Will Central Govt Employees Get If Fitment Factor Is 2.86?
Last Updated: 8th Pay Commission: Expectations are high among government employees that the fitment factor, revised pay matrix, allowances, and pension structures will be finalised in 2025. 8th Pay Commission: The central government announced the 8th Central Pay Commission (CPC) in January this year, well before the current pay structure expires in December 2025. The upcoming commission is eagerly awaited by millions of central government employees and pensioners, as it is expected to revise pay and pension structures significantly. According to reports, the government is already in the process of filling 42 key positions, including consultants and the chairperson of the 8th CPC. The new commission is expected to begin its work soon, once the Terms of Reference (ToR) are finalised. One of the key areas of focus will be the revision of the fitment factor, which plays a crucial role in determining salary and pension increases. The 8th Pay Commission will revise salaries, pensions, and allowances, directly benefiting over 50 lakh central government employees and over 65 lakh pensioners. What Is the Fitment Factor? The fitment factor is a multiplier used to calculate the revised basic pay for central government employees when a new pay commission is implemented. It ensures uniform salary hikes during the transition from the old to the new pay structure. Formula: New Basic Pay = Old Basic Pay × Fitment Factor Under the 7th Pay Commission, the fitment factor was set at 2.57. For instance, if an employee's basic pay was Rs 10,000 under the 6th CPC, their revised pay became: If current basic pay = Rs 20,000 Then new basic pay = Rs 20,000 × 2.86 = Rs 57,200 This reflects a remarkable jump in take-home salary, especially compared to the hike seen during the previous pay commission. (Note: These are estimated values assuming a uniform fitment factor.) What Lies Ahead for Government Employees? While the government has not yet made an official announcement, expectations are high that the fitment factor, revised pay matrix, allowances, and pension structures will be finalised in 2025. Employees are particularly keen to learn whether the 8th CPC will propose a uniform fitment factor across all levels, which could simplify salary structures and enhance fairness. Until official announcements are made, government employees remain in anticipation, hoping that the 8th Pay Commission brings substantial financial relief in line with rising costs of living and inflation. Watch India Pakistan Breaking News on CNN News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! First Published: May 10, 2025, 14:15 IST
