500% revision in stipend for cwa students in mset

CMA 2966 views 9 replies
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CA Student
6149 Points Joined March 2009

 

Upto 500% Revision in the rates of Stipend to ICWAI Trainees by Maharashtra State Electricity Transmission Co. Ltd.

ICWAI is pleased to inform that vide Administrative Circular number 299 dated 25.10.2011, Human Resource Department of Maharashtra State Electricity Transmission Co. Ltd. has revised the rates of stipend payable to Cost and Management Trainees in the places/towns having population more than 20 lakhs. The rates of revision is upto 360% for ICWAI intermediate passed students whereas it is upto 500% for ICWAI passed candidates as per the following details.

Sr. No.

Category

1st year

2nd Year

3rd year

Existing

Revised

Existing

Revised

Existing

Revised

1

ICWAI appeared candidate

Rs. 4000/-

Rs.5000/-

Rs.4500/-

Rs.6000/-

Rs.5000/-

Rs.7000/-

2

Intermediate passed

4000/-

10000/-

4500/-

14000/-

5000/-

18000/-

3

ICWAI passed

4000/-

15000/-

4500/-

20000/-

5000/-

25000/-
 

We request all the concerned to take note of the same and request the appropriate authorities in their respective states to revise the rates of stipend accordingly.

Source: https://icwai.org/icwainew/Revision-rates.asp

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On 14 December 2011 at 00:49 Report
Replies (9)
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CA CS B.Com
2788 Points Joined April 2010

ICAI kab karega itna..............

2 Reply
On 14 December 2011 at 06:46
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CWA n ca final student
726 Points Joined September 2009

very nice information yaar.............

1 Reply
On 14 December 2011 at 07:17
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CA Student
6149 Points Joined March 2009

@ annu - It may take another two decades.

1 Reply
On 14 December 2011 at 09:33
Guest
great news krishna, now icwa students can cheer up in this exam season, Thanks for information,
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On 14 December 2011 at 10:32
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Article
23 Points Joined December 2011

shayad hamare bacche yeh news humein sunayenge

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On 14 December 2011 at 11:10
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CS CWA student
303 Points Joined August 2009

This is only for those ICWAI students who are getting trained in Maharashtra State Electricity Transmission Co. Ltd, there is no revision for trainees who are working in any other companies.

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On 14 December 2011 at 15:09
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CA CS B.Com
2788 Points Joined April 2010

IRCTC is also giving the same to ICWAI Trainees...........

 

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On 14 December 2011 at 16:33
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ACA M.COM
407 Points Joined August 2009

The Equation is quite simple

ICWAI endorses industry for the Interns. Thus, the Interns are treatred as semi skilled employee and paid on those terms.

Whereas, ICAI endorses articleship under Firms of CAs. (In fact penalises for industrial training by prolonging the training span rather)

Now, being a student of Finance, future CAs know well what arbitrage is

"Buy skilled labour cheaply(2000 pm) and sell high(in Lakhs)" and enjoy the "spread"

SO, I DONT THINK ANY "PROSPECTIVE CA" WOULD OBJECT THAT

BECAUSE "TODAY ITS ME TOMORROW ITS YOU"

OR IN OTHER WORDS "KABHI BAHU KO BHI TO SAAS BANNA HI HAI"

Cheers..........

Tommorow belongs to us.....Strive today and be patient guys

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On 14 December 2011 at 17:52
Guest

What about stipend of CA students yaaar!!! sad

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On 14 December 2011 at 18:28


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