Wednesday, March 22, 2017

Cabinet may decide higher allowances for central employees tomorrow

Hike in HRA ?
As per media report (Zee Business), cabinet likely to take a call on higher allowances in the next cabinet meeting scheduled tomorrow (23/03/17).
Committee on Allowances, headed by Finance Secretary Ashok Lavasa, has already submitted the report on higher allowance to Finance Minister Arun Jaitley, the source said.
The report submitted to Finance Minister mentioned that HRA should be paid according to the 6th Pay Commission report. - Sources revealed.
Source : Zee Business

Friday, March 17, 2017

Media Report : Meeting on Higher Allowance and National Pension Scheme today, major announcement awaited

Several senior officials on union cabinet are likely to meet members of panel over Higher Allowance and National Pension Scheme (NPS) on Friday that was constituted a day after the implementation of the 7th Pay Commission’s recommendations, said Shiv Gopal Mishra, the chief secretary of National Joint Council of Action (NJCA), a joint body of unions representing the central government employees in large numbers. The committee on higher allowance is also likely to make a major announcement on Friday after they have submitted its report to the government. A day after 7th Pay Commission’s recommendation was implemented by the Union Government, several ministers had met Shiv Gopal Mishra and had assured him that his plea on increasing the higher allowances will be heard.

Wednesday, March 15, 2017

Cabinet approves additional 2% Dearness Allowance / Dearness Relief due from January, 2017

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2017. It has increased by 2% over the existing rate of 2% of the Basic Pay/Pension, to compensate for price rise. 

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. 

The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs. 5,857.28 crore per annum and Rs.6,833.50 crore in the Financial Year 2017-18 (for a period of 14 months from January, 2017 to February, 2018). 

This will benefit about 48.85 lakh Central Government employees and 55.51 lakh pensioners. 

Nationwide strike of central Govt. employees tomorrow

Friday, March 10, 2017

"Allowance committee did not submit report yet " - Govt reply in Loksabha

"The Committee on Allowances has been constituted vide order dated 22.07.2016. The Committee is to examine the recommendations of the 7th CPC in regard to various allowances having regard to the representations made by the Staff Associations and the suggestions of the concerned Ministries/Departments and make recommendations as to whether any changes in the recommendations of the 7th CPC are warranted and if so, in what form."
"The Committee has not submitted its report to the Government. The deliberations of the Committee are in the final stages. Decisions on implementing the Report will be taken after the Report is submitted by the Committee."
As stated by  SHRI ARJUN RAM MEGHWAL, MINISTER OF STATE IN THE MINISTRY OF FINANCE in Loksabha on 10th March 2017

Lavasa Committee yet to finalize report
A panel headed by Finance Secretary Ashok Lavasa and tasked with examining the 7th Pay Commission’s (7th CPC) recommendations on allowances has been unable to reach a conclusion in its last scheduled meeting last Friday. It will now have a few more meetings before submitting its report to Finance Minister Arun Jaitley, Business Standard has learnt.

In late June last year, after implementing the CPC proposals on salary and pension for the central government’s 4.7 million employees, Jaitley had announced the Lavasa panel would examine the suggestions on allowances. It had time till October to give the report but this got delayed. The decision on allowances was postponed because the CPC wanted a number of these to be abolished or subsumed. Employee unions were opposed.

“There were no conclusive decisions taken at the meeting last Friday. There will be some more meetings. For now, the panel is not ready to give its report to the Finance Minister,” said a senior government official aware of the developments.

It was earlier reported that the panel would submit its recommendations to the government’s political leadership soon and the Centre could announce revised allowances any time after March 11, the day of counting the votes for the five Assembly polls, and probably before the second half of the Budget Session of Parliament ends. That timeline now seems doubtful.

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