500% revision in stipend for cwa students in mset

* Krishna * (CA Student) (6149 Points)

14 December 2011  

 

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