Stipend paid to CWA trainee revised

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
Sr. No.	Category	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.

The details of the circular may be seen by clicking on attached file.

Attached File : 40_10750_revising_the_rates_of_stipend_payable_to_cost__management_trainee.pdf