Tuesday, December 31, 2013

Likely PSU IDA increase from January 2014

It is learnt that PSU employees to get 5% more D.A. with effect from 01.01.2014. Thus total IDA payable from 01.01.2014 will be 90.5% (85.5% + 5%).

Likely Bank D.A. from February 2014

Update on 31.01.2014 : Only 25 slabs increase. Click here for details
34 SLABS INCREASE IN BANK STAFF  DA EXPECTED  W.E.F Feb’14
                       .           The All India Consumer Price Index Numbers (IW) Base 2001=100 for the month of  November'13 ,is released  by Labour Bureau,Ministry of Labour and Employement,GOI today which stood at 243 points with 2 point increase compared to Oct'13 figure.
                                Based on confirmed figures of past two months and anticipating 1 point increase in Dec 13 figure the average index for the quarter may be as follows:

Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243(two hundred and forty three).
View the Press Release

Saturday, December 28, 2013

Bank unions threaten indefinite strike from February

Bank employees’ unions have threatened to go on indefinite strike from February if the Indian Banks Association does not improve upon its 5-per cent wage revision offer it had proposed in talks with the United Forum of Bank Unions, a collective of nine major bank-employee unions.

Wednesday, December 25, 2013

No proposal for "Parent Care Leave" : No respite for fathers !

Central has no proposal to introduce 'Parents Care Leave' on line of 'Child Care Leave'..!

In Rajya Sabha the Minister of Personnel, Public Grivances and Pensions Shri.V.Narayanasamy said in written reply to a question that there is no proposal to provide for Parent Care Leave on the lines of Child Care Leave (CCL). 
"The Government has no proposal to provide for Parent Care Leave on the lines of Child Care Leave (CCL). CCL is allowed to female Central Government employees with a specific purpose of improving participation of more females in Government service. The Central Government employees are already entitled to various kinds of leave which can be availed for appropriate purposes".

Monday, December 23, 2013

Bank strike on 20 & 21st January 2014

UFBU in its meeting held on23rd December 2013 at Hyderabad congratulates all the employees & officers for success of strike on 18th December 2013 and  calls for 48 hours strike on 20th, 21st Jan 14 (20th 6am to 22nd 6am) to expedite Wage Revision & to oppose Banking  Sector Reforms

News Courtesy :  Mr Mohan P. 

Download D.A. Order for West Bengal Employees from 01.01.14

West Bengal has issued notification for enhancement of Dearness Allowance with effect from 01.01.2014.
Download the order
Download the order for employees in pre revised scale

Thursday, December 19, 2013

Cabinet proposal soon to constitute 7th Pay Commission

The central government is likely to constitute the 7th Pay Commission for revising the salaries of its over 50 lakh employees before the start of process of next General elections due in May, 2014. 

"The Finance Ministry is working out a Cabinet proposal for constitution of the 7th Pay Commission which could be taken up for consideration in the next couple of weeks," a source said. 

According to information available, the government's intention to constitute 7th Pay Commission before going for polls is clear as it has made provision of Rs 3.5 crore in the second supplementary demands for grants in this regard which was approved by Parliament in the just concluded Winter Session. 

CBEC cadre restructure : Details of additional posts notified

The CBEC vide F.No.A.11019/08/2013-AD -IV dated 18.12.2013 has issued notification for approval of  creation of total numbers 18067 posts.
 As regards Group-A posts the break up is furnished below.

 PrCC-14
CC-38
PC-53
Com-45
ADC/JC-339
DC-200
AC-300
Temp AC-2118.
Para 3 of the notification provides that all regular posts will be filled up as
per RRs(50% for direct, 50% for promotee).
Para 4 of the notification provides that temporary posts will be filled up
 by promotion from feeder carders on the basis of prescribed ratio.
The promotion against these temporary vacancies shall not entail
further promotion to any level beyond JTS.(That means temporary
 promotees  will have to be regularised against regular posts and
 thereafter will be entitled for further promotion).
Pending notification of revised RRs, the newly created posts will
 be filled up on the basis of extant guidelines of RRs issued by DOPT. 

Click her for the Notification

Monday, December 16, 2013

Meeting with Chief Labour Com. failed, Bank Strike on 18th as scheduled

Operations at public sector banks are likely to be hit on December 18 as trade unions have decided to go on day-long strike to press for wage revision and other demands.
The conciliation meeting before the Chief Labour Commissioner between the unions and IBA has failed to find an amicable solution, United Forum of Bank Unions (UFBU) convener C H Venkatachalam told PTI.

Sunday, December 15, 2013

Bank wage talk fails, strike on 18th Dec to follow

It is learnt that a meeting with IBA regarding bipartite settlement failed on 14.12.13 in Mumbai. IBA made some initial offers (unconfirmed sources say that it was 5% increases on corpus) which was not felt satisfactory by the leaders. UFBU decided to go ahead with all India strike on 18.12.2013 as declared earlier.
Reconciliation meeting with labour commissioner is scheduled on 16th Dec. 

Wednesday, December 11, 2013

Pay Commission for Kerala employees

Kerala sets up 10th pay revision panel

The State government has notified terms of reference for the 10th pay revision commission headed by Justice (Retd) C.N. Ramachandran Nair.
The Commission will study and make recommendations on revising pay and allowances and other benefits of employees, including teaching and non-teaching staff of aided educational institutions and local bodies.

Haryana announces interim relief for 1.1.2014

The Haryana Cabinet yesterday approved a slew of incentives for various sections of the society, including women, employees and policemen.

A state cabinet meeting, presided over by Chief Minister Bhupinder Singh Hooda, here today approved 50 per cent concession in fee payable by women candidates to encourage them to join government jobs, an official spokesman said. 

The meeting also approved Rs 2,000 per month as Interim Relief to Class III and IV employees. The relief would be paid from January, 2014 and would be payable till the implementation of the recommendation of the 7th Pay Commission set up by the Centre recently, he said. 

The Haryana government adopts the recommendations of the Central pay commission. The Cabinet also approved Risk Allowance for police personnel of the ranks of constable to Inspector. The Risk Allowance of Rs 5,000 per month to each policemen would be paid from January, 2014, in addition to the Interim Relief payable to Class III and IV employees. 

The Class III employees of the Prison Department would also get the Risk Allowance, the spokesman said. 

Source : Business Standard

Tuesday, December 10, 2013

7th Pay Commission : Procedure initiated

As per the reply in Loksabha by Minister of State, Finance on 6th of this month, Govt. has initiated process to constitute seventh CPC. It is working with the composition, terms of reference and time frame. As per our sources, Supreme Court Justice G.C. Singhbhi who is going to retire on 12th Dec may be appointed the Chairman of the commission while Mr R.S. Gujral formar secretary, expenditure may be the member secretary.

Sunday, December 8, 2013

BJP sweeps in state elections, Aam Admi Party shines in Delhi

Flash : BJP is going to form Govt. in Delhi also.
BJP is all set to win in the state legislative election. Counting begins in all states except Mizoram, where it will be started from tomorrow. As  per the current trend BJP is going to form Govt. in Rajasthan, Chhattisgarh and M.P. Aam Admi Party led by Mr Kejriwal is leading in 25 seats in Delhi and fighting neck to neck with BJP (leading in 35 seats). Delhi Chief Minister Sheila Dixit has resigned.
Click here to visit the trend (On Real Time Basis)

Friday, December 6, 2013

Key features of CBEC cadre review as cleared by cabinet

The long awaited CBEC Cadre Restructring Proposal has been approved by Cabinet on 5th December 2013. Central Board of Excise and Customs, an arm of Finance Ministry that implements Indirect Tax Laws for collection of Central Excise Duty , Customs Duty and Service Tax in the country. With this CBEC Cadre Restructuring approval, the present total posts of 66608 will be augmented with additional 18067 posts.

Andhra employees may not get any interim relief

In a big disappointment for nearly 12 lakh government employees and pensioners in the state, the Govt. has reportedly decided not to grant interim relief to them ahead of the tenth pay commission submitting its recommendations.

While the APNGOs had pleaded for 50 per cent of basic pay as interim relief, all other employee associations had sought 45 per cent interim relief of the proposed salary increase. However, according to sources, the finance department told the government that it is 'near impossible' to provide relief which works out to around Rs 12,500 crore.

Thursday, December 5, 2013

Cabinet approved CBEC cadre review

Union cabinet finally approved cadre review of CBEC. The cabinet today approved additional posts as cleared by the committee of secretaries. 
View salient points of cadre review

Wednesday, December 4, 2013

Expected IDA Increase From January 2014 for PSU Employees

The Expected IDA w.e.f. 01-January-2014 may be increased by 4.5% to 5.8% i.e upto from 90.0% to 91.3% depends upon the Average All India Consumer Price Index Number (Industrial Worker) of the months September-2013, October-2013 & November-2013.
The  AICPI of the months Sep'13, Oct'13 &Nov'13 will be declared on 31-October-2013 & 29-November-13 &31-December-2013 respectively. The  AICPI of the months Sep'13 & Oct'13 are 238 & 241 as it is declared on 31-October-2013 & 29-November-2013 respectively. Even if there is no increase in AICPI , there will be IDA Increase by 4.5%. The actual IDA will be declared on 31-December-2013.


AICPI of Sep'13: 238
AICPI of Oct'13: 241

Top 10 Projections:


S.N.
Expected CPI
of Nov'13
Avg. CPI
Projected
Projected
IDA (%)
Projected
IDA Increase (%)
1
240
239.67
89.7
4.2
2
241
240.00
90.0
4.5
3
242
240.33
90.2
4.7
4
243
240.67
90.5
5.0
5
244
241.00
90.8
5.3
6
245
241.33
91.0
5.5
7
246
241.67
91.3
5.8
8
247
242.00
91.6
6.1
9
248
242.33
91.8
6.3
10
249
242.67
92.1
6.6

Sunday, December 1, 2013

ALL INDIA BANK STRIKE PREPONED TO 18th DECEMBER'13 INSTEAD OF 19th

Bank Unions -  UFBU -  in its meeting held on 20th November at Chennai decided to call for one day strike action demanding:
1. Early Wage Revision &
 2. To Stop Banking Reforms

                               It is learnt that the date of one day All India Strike on the call of UFBU has now been preponed to 18th December instead of 19th December

News provided by Mr Mohan P.

Saturday, November 30, 2013

CBEC cadre review may be approved in the next cabinet meeting

It is learnt that the Cabinet Note relating to approval of cadre restructuring proposal of CBEC  has been finally prepared/ approved  on 26.11.2013 by Cabinet Secretary. The date  for next cabinet meeting is yet to be  fixed. It is expected that CR of CBEC may likely to be approved in the next cabinet meeting.

Friday, November 29, 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for October, 2013 rose by 3 points and pegged at 241 (two hundred and forty one). On 1-month percentage change, it increased by 1.26 per cent between September and October compared with 0.93 per cent between the same two months a year ago.
View details here 
We apologize the inconvenience caused by malfunctioning of the link above earlier. Now it is working perfecly.

Wednesday, November 27, 2013

Kerala appointed pay commission for state employees

cabinet today decided to set up a pay commission to revise the salary and allowances of state government employees. 

A panel led by Justice C  Nair (retired) has been appointed to submit a report after reviewing the pay revision of government employees, State Chief Minister  told reporters after a cabinet meeting here. 

Advocate T V George and retired finance additional secretary K V Thomas are also members of the panel. 

Cabinet decided to set up a permanent commission to look into financial backwardness of people belonging to the forward class and suggest welfare measures, he said. 

R.S. Gujral likely to be Secretary, 7th Pay Commission

Secretary, Expenditure, R S Gujral, is likely to be appointed Member-Secretary of the 7th Pay Commission. The 1976 batch IAS officer of Haryana cadre Gujral is retiring on November 30.

Monday, November 25, 2013

CSS Cadre Restructuring Committee to submit its report this week

It is learnt that the Committee designated for the third restructuring of CSS cadres is ready with its report which may be submitted to Secretary, DoPT by the end of this month. Prior to it the restructuring was done in 2003 and 2010. The CSS cadre personnel comprises over 11,500 CSS employees; a cadre which indeed forms the backbone of functioning of Government of India offices.

Govt workers want DA to be merged with salary

Government employees have asked the Centre to consider merging dearness allowance with their pay, arguing that the Sixth Pay Commission -- quite like the Centre -- could not have anticipated the high inflation that has eroded real wages over the last decade.
Since 2006 – when the recommendations of the last pay commission came into force – the dearness allowance has increased to 90%, a reflection of the high inflation environment that employees have to cope up with.
The demand was made at a preliminary meeting held between the department of personnel and the employee representatives to discuss the proposed Seventh Pay Commission announced by Prime Minister Manmohan Singh in September.

Friday, November 22, 2013

UP employees withdraw strike

Lucknow, Nov 22 (PTI) Uttar Pradesh government employees, who had been on strike since November 11, today called off their protest after the Lucknow bench of the Allahabad High Court agreed to monitor talks between them and the government.

A division bench of Chief Justice Dhananjay Yashwant Chandrachud and Justice Rituraj Awasthi directed the state government and employees' organisations to sit and initiate a dialogue on their demands.

Thursday, November 21, 2013

U.P. employees strike : Deadlock continues

The Uttar Pradesh government yesterday began negotiations with striking government employees who have struck work for the last nine days.

In a late evening meeting, Principal Secretary (Appointment) Rajiv Kumar met leaders of the striking unions to hammer out a solution to the impasse.

However, no solution was found at the end of the meeting and the deadlock continues.

Bank Strike on 19th December for early wage revision and oppose reform

Over a million bank employees will go on all-India strike on December 19.
This has been decided by the United Forum of Bank Union (UFBU), a representative body of nine bank unions.
The strike call is for wage revision demand and also for expressing opposition to banking reforms of the Government, C.H.Venkatachalam, Secretary General of All India Bank Employees Association said.

Wednesday, November 20, 2013

West Bengal employees to get 6% Dearness Allowance from 01.01.2014

With this hike the difference with central employees will come down to 32% (presently is is 38%). But with a likely D.A. increase (10 or 11%) of the central employees from January 2014, the gap may be wider to 42% or more.
West Bengal Chief Minister Mamata Banerjee on Wednesday announced an additional instalment of dearness allowance for state government employees, sparking protests by the Opposition CPI-M and Congress.
Mamata, who appeared in the House to give a statement on the price rise situation during question hour, said that despite all the financial constraints the state was facing, the employees would get a six per cent increase in DA from January 2014.

West Bengal D.A. : "Nothing Due" as per Finance Minister !

Calcutta, Nov. 19: Finance minister Amit Mitra today informed the Assembly that state government employees had no dearness allowance (DA) dues, a statement that left more than three lakh employees irrespective of their political affiliation in shock.
In a written reply to a question by CPM MLA Basudev Khan, Mitra, however, admitted that central government employees were getting 38 per cent more DA than their state government counterparts.

Kerala 10th Pay Panel : Decision soon, C.M.

Chief Minister Oommen Chandy has said that the government will take a decision on constituting the 10th Pay Commission for government employees and teachers in the State soon.
Inaugurating the 39th State conference of the Kerala NGO Association here on Tuesday, the Chief Minister said the Pay Commission would have to be appointed after June 30, 2014. The United Democratic Front government was rectifying the anomalies in the previous Pay Commission recommendations as the previous Left Democratic Front (LDF) government had not taken steps to correct them.
He said the Dearness Allowance (DA) of State government employees would be paid up to date by December this year. The government had spent Rs.1,600 crore to pay the DA arrears of State employees.

Tuesday, November 19, 2013

UP employees strike continuing, Govt may invoke ESMA

Despite claims by employee associations that essential services in the state have been hit as a result of their strike, healthcare delivery mechanism in UP has remained largely unaffected with as many as 478 surgeries being performed at eight government hospitals in the city alone. Nearly 200 surgeries were also performed at government hospitals in the Lucknow division as well. According to official information released by Faizabad, Azamgarh, Basti, Bareilly and Chitrakoot divisions, health services, though tempered with delays, continued to remain functional in these areas as well.

As the unions' strike entered the seventh day on Monday, state government employees continued to demand an increase in grade pay, hike in dearness allowance and change in norms for Assured Career Promotions (ACP). With no signs of a compromise in sight, officials said they would consider imposing the Essential Services Maintenance Act ( ESMA) to ensure that the delivery of essential services is not affected by the strike. On Monday, a local lawyer also filed a PIL in the Lucknow bench of Allahabad High Court seeking action against state government employees who are on a strike.

Saturday, November 16, 2013

Latest Cadre Review news of CBEC

The cabinet note for cadre restructuring is already under process and has been signed today by the FM. It is expected to be placed before the cabinet on 21.11.13 or 28.11.13
The above information is learnt from All India Central Excise Officers' News.
Click here to view the details.

Friday, November 15, 2013

BEFI wants wage pact before polls

The Kerala State committee of the Bank Employees Federation of India (BEFI) has sought the wage pact for bank staff should be settled before the coming general election.
The federation was voicing concerns over the delay in including the wage agreement of bank employees that expired a year ago.
BEFI’s State general secretary C.J. Nadakumar alleged here on Thursday that IBA, the apex body of bank managements, had been creating obstacles in bipartite negotiations by raising counter demands aimed at dismantling the decades-old bipartite mechanism in banking industry.
He also accused the Central government of adopting a discriminatory attitude towards bank employees.

Wednesday, November 13, 2013

Kerala hikes 10% D.A. from July 2013

Employees would get the new DA from July this year and the state exchequer would have an additional expenditure of Rs 130 crore per month on this account, Chief Minister Oommen Chandy told reporters after the cabinet meeting in the Kerala capital.
   
With this, DA would become 63 percent of an employee's basic scale of pay, Chandy pointed out.
   
Arrears of DA up to December next would be merged with the Provident Fund account, he said.

Media report reg DOPT objection on CBEC cadre review

The Department of Personnel and Training (DoPT) has raised objections to the cadre restructuring proposal of the Central Board of Excise and Customs (CBEC), delaying a resolution to the acute manpower crisis affecting the indirect tax administration, which is struggling to collect 20% more revenue from central excise, customs and service tax this year from a year ago. CBEC has a revenue target of Rs 5.6 lakh crore this fiscal, 46% of the Centre's gross tax revenue.

Central Govt. offices in W.B. will observe holiday on 15th Nov for Muharram

As informed by Imam, Nakhuda Mosque, Kolkata, Central Govt. offices located in West Bengal will observe holiday on 15th November 2013 in stead of 14th as declared earlier. Accordingly Central Govt. Employees' Welfare Co-Ordination Committee requested for wide publicity in this matter.
View the Order 

Tuesday, November 12, 2013

West Bengal changes "Muharram" holiday to 15th. Banks to be closed.

In line with other states West Bengal Govt. has changed the holiday of Muharram to 15th Nov in stead of 14th. The holiday is notified under N.I Act and therefore Bank/LIC and other institutions will also remain closed on 15th November.
View the Order

Monday, November 11, 2013

Muharram holiday changed to 15th Nov'13 in Delhi

Tamilnadu to observe Muharram on 15th
Tamilnadu Chief minister J.jayalalitha announced that all state Government Administrative  Offices located at Tamilnadu shall remain closed on 15th November, 2013 on account of Muharram (in place of 14th November, 2013).
Cenrtral Holiday in Delhi
The Holiday on the occasion of Muharram was listed on Thursday the 14" November, 2013 vide Annexure I of this Department's O.M. No 12/4/2012-JCA-2 dated 5th June, 2012. This was dependent on sighting of the Moon. It has now been decided that for offices in Delhi / New Delhi, the Holiday on the occasion of 
Muharram will now be on Friday, the 15" November, 2013 and all Central Government Administrative offices located in Delhi / New Delhi shall remain closed on account of Muharram on 15th November, 2013. 
Order

Sunday, November 10, 2013

Bank Bipartite : AIBEA to consider strike against 'casual approach' of Govt

Bank employees have begun to voice their displeasure over what they call the Government's ‘casual’ approach in settling their wage accord, which is overdue.
The 9th wage settlement expired in October 2012. A year has passed but negotiations have hardly taken off, said C.H. Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA).
The 10th bipartite talk between bank unions and Indian Banks Association (IBA) to decide on the quantum of wage increase for bank employees is currently on. Each settlement is valid for five years.
The current settlement would be valid from November 2012 to October 2017.

Saturday, November 9, 2013

CBEC cadre review likely to be placed in Cabinet this month

Latest Update : The CR note has also been concurred by DOPT perhaps with some minor observations. It is now expected to be sent to the cabinet next week and placed before cabinet on 20/21.11.13.
Earlier News :
As per sources from Central Excise Officers' Association it is learnt that thc Cadre Review proposal to be placed before cabinet during this month. Before sending to cabinet, the cabinet note is sent to Law, Exp., DOPT, Cab Sec & PMO to be returned within mandatory period. f not returned within mandatory period, it is treated as deemed concurred. Law & Exp have already concurred it, it is also expected to be returned within this week from DOPT with their observations. Cab Sec & PMO generally don't respond to this formal note. So, it is expected to be sent to cabinet after the expiry of mandatory period accordingly.

Thursday, November 7, 2013

WB school teachers general transfer notified

An incumbent shall be eligible for General Transfer only if he/she is confirmed in service and completed 5 (five) years of satisfactory service in that particular school from which he/she seeks General Transfer.
4. Eligibility for General Transfer
(1) Any Teacher or non-teaching staff qualified as per provision of rule 3 of this Rules may be eligible for transfer to a post of Teacher or non-teaching staff of another school of same category of vacancy, same category of post and for a Teacher of same subject (Honours/Post Graduate or Pass), as the case may be.
(2) An incumbent opting for General Transfer shall be transferred to the same category- of schools having Bengali or English or Hindi or Nepali or Oriya or Santhali or Telugu or Urdu, as the medium of instruction, Junior High/Secondary Higher Secondary level, as the case may be.
(3) A male incumbent shall not be eligible for General Transfer in a girl’s school.
(4) No incumbent shall be eligible to apply for a General Transfer who is left with less than two years of service from the date of his/her retirement on superannuation.
(5) The General Transfer shall be allowed to an incumbent against whom no Judicial or Departmental proceeding is pending or contemplated.
(6) The school authority of a particular school shall not forward applications received from more than 25% of total number of teachers of that school seeking General Transfer against each notification. Priority shall be given to the senior teachers first.

Wednesday, November 6, 2013

Kol Metro fare hike tomorrow, existing Smart Card to continue

Metro Railway fares will go up from Thursday, for the first time since 2001. The minimum fare will rise by a rupee to Rs 5, which would still pinch commuters less than a bus or an auto ride over the same distance. The maximum fare will rise from Rs 14 to Rs 25. Metro (The Telegraph) answers some of the questions on the commuters’ minds before the hike comes into effect.

Tuesday, November 5, 2013

Bank unions may go on strike if wage hike denied

This Diwali may have failed to bring cheer to more than 800,000 employees working for state-run banks, who are yet to get some news on their wage revision.Insiders said that at a recent meeting held with the Indian Banks' Association and bank employees that there was no consensus on the quantum of wage increase even as Prime Minister Manmohan Singh approved the constitution of the seventh pay commission to look into the salaries of 80,00,000 government employees and pensioners. 

Monday, November 4, 2013

IBA released bank D.A. from Nov'13 to Jan'14. ** Arunachal hikes D.A.

IBA Issued Bank D.A. circular
As calculated earlier, IBA issued circular of 48 slabs D.A. increased for Bank employees fro the period of Nov'13 to Dec'14.
Click here for IBA Circular.

Arunachal govt sanctions DA hike

As a Diwali gift, the Arunachal Pradesh government today enhanced the Dearness Allowances (DA) to its employees and pensioners to the tune of 90 per cent of the basic salary.
The enhanced DA from existing 80 per cent to 90 per cent is in lines of central government employees and would be effective from July 1 this year, official sources informed.
The state cabinet yesterday in its meeting approved the enhanced DA and asked all government employees to work with more determination, dedication and perseverance in the benefit of state and people, sources added. - PTI


Friday, November 1, 2013

Central D.A. likely to reach 100% from January 2014

Update on 31.12.2013 : With 2 points increase on AICPIN No. for Nov'13, it is certain that central employees to get 10% more D.A. from January 2014. It can reach 11% only if the index number increases at least 3 points for December,13 (The exact increse to be known only on 31.122014)

Update on 01.11.2013 : With the increase of 3 points in the AICPIN No. for October'13, it is almost certain that central employees are going to get another 10% D.A. from January'14

Earlier news : With the release of AICPIN No. for Sep'13, the calculation and assumption begins for the probable D.A. from 1st January 2014. Still we have to get next three months' No. for the final calculation. The last of which is to be published on 31.01.2014 and only then the actual increase may be calculated. But the Govt. employees start calculating after each half year ! 
As of the trend going on, the D.A. is likely to touch the 100% mark (if not higher!).  Only two points increase in the AICPIN data for the coming three months will make it sure to get another 10% more D.A. In the last three months, the figure was 235, 237 and 238. We can expect and predict 10% hike in Dearness Allowance with effect from 01.01.2014.

Thursday, October 31, 2013

Bank D.A. to increase 48 slabs for the quarter Nov'13 to Jan'14

Our earlier  Projections of 48 slabs increase in Bank Staff DA is exact now. 
                       Labour Bureau,Ministry of Labour & Employment,Govt.of India has released the All India Consumer Price Index Numbers (IW) Base 2001=100 for the month of September’13 today which stood at 238   points with an increase of 1 point compared to August’13.
                      Accordingly the confirmed average CPI-IW (Base 1960=100) for the quarter will be as follows: 
                                  Base   2001=100                     Base 1960=100 
 July                                      235                                      5364.09
August                                   237                                      5409.74
September                            238                                      5432.56            

                 Thus the DA payable for Bank Staff for the quarter November’13  to January14 will show an increase of 48 slabs @ 96.15   % (Increase of 7.20% from existing 88.95%) as per details furnished here under:-
 Confirmed average Index Numbers for the quarter    5402.13                                                                            
Less merged points(9th BPS)                                 2836
                                                                         -------------
                                                                            2566
No of Slabs                                                             641
Increase in slabs( 000  641-593 old)                            48
 48 x0.15 %                                                          96.15%

Please note that IBA will issue the circular shortly.
Calculation by Mr Mohan P
Special Thanks to Mr Debashis Das

Consumer Price Index Numbers for Industrial Workers (CPI-IW) September 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for September, 2013 rose by 1 points and pegged at 238 (two hundred and thirty eight). On 1-month percentage change, it increased by 0.42 per cent between August and September compared with 0.47 per cent between the same two months a year ago. 

Tuesday, October 29, 2013

CBEC Cadre recast only if it meets tax collection target

The indirect tax (excise, customs and service tax) target for 2013-14 is R5.65 lakh crore.
Given that achieving the tax revenue target is critical to keeping the fiscal deficit within the budgeted level of 4.8% of GDP, the cabinet secretariat has told the Central Board of Excise and Customs (CBEC) that the proposed cadre recast of CBEC officials hinges on the board hitting the tax collection figure set for this fiscal. The indirect tax (excise, customs and service tax) target for 2013-14 is R5.65 lakh crore.
The cadre restructuring promises better career prospects for CBEC’s 20,000-strong staff and more secretary-level jobs in the department.

Monday, October 28, 2013

CBEC cadre review update as on 28.10.2013

It is learnt that the draft Cabinet Note prepared by the Board and sent, after the Finance Minister  approved the same,  to the Ministry of Law, the Deptt of Expenditure and the DoP&T for their comments,  will be sent latest by 05.11.2013 to the Union Cabinet.  

Andhra increases Dearness Allowance from 1.7.13, Issued order

Andhra Pradesh Chief Minister N. Kiran Kumar Reddy on Saturday sanctioned dearness allowance of 8.56 per cent from July 2013 to all the government employees, pensioners and village establishment staff in the state.
About 14 lakh current and former employees will benefit by the decision. The increased allowance will be paid in cash alongwith the October salary, an official release said here.
The financial implication will be Rs 2,396.22 per annum. Arrears of DA from July to September 2013 will be credited to the GPF accounts.

Saturday, October 26, 2013

Outcomes of the Meeting on 7th Pay Commission

Central Government invited the National Council Standing Committee members for discussing the Terms and reference for the 7th Central Pay commission. A meeting was held under the Chairmanship of Secretary, DOP& T on 24.10.2013 at 1500 Hrs at North Block. Staff side Members, National Council JCM  Standing Committee, have attended this Meeting. On behalf of Staff side the fallowing suggestion has been given to the Central Government
  •  Government of India should come out with their proposal on Terms and Reference and then Staff side will    give their proposal.
  •  All anomalies pending including MACP to be settled.
  •  One Labour leader to be included in the commission.
  •  All pending cadre Review proposals should be delinked from 7th CPC.
In its response to the above suggestion the Central Government assured that, after consulting the Ministry of Finance, the proposal of Draft will be given to all the Federations for discussion

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