Bangladesh Police demand risk allowance

The home ministry in its fund proposal last week placed the demand for paying the police seventy per cent of basic pay as risk allowance from ensuing yr that in step with finance ministry calculations would need a further expenditure of Tk 8.24 billion a year from the general public monetary resource, officers same.

The home ministry’s fund proposal sent to the finance ministry last week even the chance allowance for the police on variety of grounds.

Justifying the proposal officers told New Age the police in Asian country, Eire and therefore the geographical area province in Asian country get allowance.
The proposal states that the police in Bangladesh is needed to perform duty a minimum of fifteen hours every day and not eight hours every day.

Besides, it says within the last yr alone the police earned Tk three.2 billion equivalent of exchange whereas within the global organization peace keeping missions abroad.
But critics same that the police face criticisms for its disputed image coupled to bribes and underhand payments.
Besides, the image of the police took a beating because of its growing politicization.

The politicization of the police and therefore the administration could be a matter of worry minister AMA Muhith told a pre-budget discussion on Sunday.
Officials same that finance ministry calculations showed that it'd need the govt. to line aside a further quantity of Tk 8.24 billion to fulfill the demand at a time severe resource constraints forced it to take self-discipline measures.
They same that dwindling foreign help and rising expenditure on import of fuel oils and fertilizers left the govt. with no choice however to chop expenses.
Eight lower ranks from inspectors all the way down to constables account for 1,22,758 or ninety eight per cent of 1,24,366 -- the overall strength of Bangladesh police, in step with the knowledge denote on the Bangladesh police web site.
Each lower ranking police personnel gets Tk 520 a month as special allowance introduced over 5 years past.
Besides, following a home ministry demand the govt. in 2010 enhanced provides of food things to the police at sponsored rate.
Finance ministry official same that early this year a separate home ministry proposal asked for ‘special allowance’ for field-level police personnel to encourage them to require risks within the maintenance of law and order.
The response of the finance ministry wasn't positive, they said.
Mirpur police officer-in-charge Wazed Ali same that the police are tightened risk allowance akin to a hundred per cent of their basic buy long.
He same represented the prevailing risk allowance of Tk 520, introduced 5 to 6 years past, wasn't spare.
He same that that police was needed to tackle increasing variety of risky incidents not like the govt. personnel in different departments.
An assurance created by the prime minister in Gregorian calendar month that the chance allowance for the police would be increased created the police upbeat, he added
He same that the govt. was already providing officers on crime trial duty sixty per cent of their monthly pay as risk allowance.
Besides, same police personnel those speedy Action Battalion personnel were obtaining seventy per cent of basic pay as risk allowance since its origin in 2004.
Source 1      

Facebook's stock is tanking reality

Reality has taken hold. The company's valuation is still out of whack, despite its massive user base.

Well, the euphoria over Facebook didn't last long, did it?

I would guess that the enthusiasm over Facebook's stock lasted a few minutes into its first-day trading session, when it ended with a rare $45 order that many believe was more of a fluke than a true indication of demand. 

 

Facebook was all over the Nasdaq on Friday,

but in a disappointing way

Since then, reality has taken hold. The stock opened with a thud, and is down more than 12 percent to $33.56, a sobering reality for anyone caught with Facebook shares on Friday, when it closed just above its offering price of $38

So how did the most heavily hyped stock completely fall on its face? There are a lot of reasons: glitches with the Nasdaq that slowed early orders, an IPO price that got a last-minute bump, and indications of lackluster demand from institutional investors. But the most important is the underlying concern and growing realization that Facebook just isn't worth $100 billion.

"With revenue and (earnings before interest, taxes, depreciation, and amortization) growth decelerating in 2012, we find Facebook's current valuation unappealing," said BTIG Research analyst Richard Greenfield.

That's not to say Facebook won't be worth $100 billion some day, but it doesn't deserve that valuation now. The company still doesn't quite know how to fully take advantage of its huge user base to generate revenue and is still tinkering around with different business models beyond its core display advertisement business.