Monday, October 31, 2016

AICPIN decreased for Sep'16 but Bank D.A. set to increase by 23 slabs from Nov'16 to Jan'17

The All-India CPI-IW for September, 2016 decreased by 1 point and stood at 277 
BANK STAFF DA GOES UP FOR  NEXT QUARTER(NOV’16 TO JAN’17) WITH 23 SLABS  
              All India Consumer Price Index Numbers (AICPIN)for Industrial Workers (Base 2100=100)for the month of September’16,stood at  277    points with a decrease  of  1  point,compared to August’16 figure,as per data published to day by Labour Bureau,Ministry of Labour and Employment.
               Thus the confirmed average index number for the quarter is as follows:

                                   Base 2001=100         Base 1960=100
                                  ____________                        ____________

JULY’16.                         280                            6391.25
AUG’16.                           278                           6345.60
SEPT’16                           277                           6322.77
Average Index : 6353
Increase in slabs 23 (478- old 455)
             As such DA payable to Bank Staff for next quarter (Nov-Jan’17)may have 23 slabs increase from existing  45.50% to 47.80%
__________________________________________________-
Provided by Mohan.P

Friday, October 28, 2016

Odisha to implement 7th pay commission recommendations

As a Diwali bonanza, the Odisha government today announced to implement the recommendations of 7th pay commission for its employees for which it would constitute a fitment committee.
The state government would set up the fitment committee which would prepare the modalities for implementation of the recommendations.
“I am happy to announce that the state government will implement the 7th pay commission recommendations. A fitment committee has been formed for working out the modalities. This will benefit the state government employees and pensioners,” Chief Minister Naveen Patnaik said.
With this, around four lakh state government employees and over three lakh pensioners would be benefitted.
It may be recalled that the 7th pay commission headed by Justice AK Mathur had recommended 23.55 % overall hike in pay, allowances and pensions for central government employees with effect from Jan 1 this year.

West Bengal pay panel seeks extension of one more year

According to sources in Nabanna, Sarkar wrote to the Chief Minister and the state Finance Department seeking an extension of the eight-member Commission as hearing of many of the applications is yet to be completed.

Chief Minister Mamata Banerjee had announced the setting up of the Pay Commission on November 27 last year. Initially, the Commission was granted six months to file its report. Later, it was extended by another six months.

The Commission received around 1,100 applications including those from various government employees’ associations and intends to hear all the applicants before preparing the final report. Based on the report, the state government will decide on restructuring of the salary of its employees.

Besides, the Commission also has to examine policies including existing promotion policies, related aspects, benefits and allowances to the employees.

While the Commission report was pending, the Mamata Banerjee government announced an interim relief of 10 per cent on band pay to the state government employees. 

The Chief Minister made the announcement soon after coming to power for the second term. The interim relief came into effect from July this year, for which the state government has allocated Rs 3,000 crore.

State government employees are eagerly waiting for the revision in their pay structure as there is a difference in the dearness allowance paid to them and the Central government employees.

Thursday, October 27, 2016

Cabinet approves 2 percent DA for Central government employees

Cabinet approves release of an instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 01.07.2016
The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval to release an instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.07.2016 representing an increase of 2% of the revised Basic Pay/Pension, to compensate for price rise. The 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. 5622.10 crore per annum and in the Financial Year 2016-17 for the period of 8 months (i.e. from July 2016 to February 2017), it would be Rs.3748.06 crore. About 50.68 lakh Government employees and 54.24 lakh pensioners will be benefitted.
Source : Press Information Bureau

Cabinet likely to clear 2% D.A. for central employees and pensioners from July 2016

Update at 3PM : D.A. announced. Click here for details
DA ANNOUNCEMENT TODAY ?
In what could bring cheers to 50 lakh central employees and 58 lakh pensioners ahead of Diwali, the Centre is all set to announce 2 per cent dearness allowance to be effective from July 1, 2016. 

"The proposal to provide 2 per cent dearness allowance and dearness relief to central government employees and pensioners respectively, is listed on agenda of the Union Cabinet meeting scheduled for tomorrow," a source said. 

Dearness allowance and dearness relief is provided to employees and pensioners to neutralise the impact of price rise on their earnings. 

Earlier this year the government hiked Dearness Allowance by 6 per cent to 125 per cent of the basic pay. The DA was later merged into the basic pay following implementation of 7th Pay Commission award. 

The central government employee unions want that the DA should be increased by 3 per cent and not 2 per cent which is being considered by the centre. 

President of Confederation of Central Government Employees K K N Kutty told PTI: "The 12-month average of Consumer Price Index for Industrial Workers from July 1, 2015 to June 30, 2016, works out to be 2.92 per cent. Therefore the unions had pressed for 3 per cent DA. We are not satisfied with this." 

As per the agreed formula, government increases DA on the basis of 12-month average of the retail inflation and does not consider the price rise rate beyond decimal point for deciding the rate of dearness allowance. 



Tuesday, October 25, 2016

7th CPC : Minimum wage and multiplication factor - outcome of the meeting

Brief of the meeting held today with Addl. Secretary (Exp.), Deptt. of Exp., MoF(Govt. of India) to discuss the recommendations of the 7th CPC

"A meeting was held today (24th October) between the Addl. Secretary (Exp.), Deptt. of Exp., MoF(Govt. of India) and Staff Side, National Council(JCM), to discuss the issues of Minimum Wage and Multiplying Factor.
The Staff Side explained in detail about the amendments required in Minimum Wage and Fitment Formula.
The Official Side mentioned that, they are trying to find out some solution to resolve the issues of Minimum Wage and Fitment Formula raised by the Staff Side."

Communication from Sri Shiv Gopal Mishra, Secy, NCJCM)

Saturday, October 22, 2016

Punjab govt releases 6 pc DA for employees, pensioners

Chandigarh, Oct 21 (PTI) Punjab Finance Minister Parminder Singh Dhindsa today gave his nod to release 6 per cent dearness allowance (DA) with November salary or pension for the government employees and pensioners.

With the release of this DA installment, the state would touch 125 per cent from present 119 per cent of the basic pay/pension, Dhindsa, in a statement issued here, said.

In a relief to foreign settled retired employees, he said DA would continue with their pensions.

The government has decided to take back a letter stopping DA of pensioners who have acquired foreign citizenship, he added.

Media Report : "Committee on allowance ready with report"

Government employees might have an exciting new year as the Committee on Allowances under the chairmanship Finance Secretary Ashok Lavasa is ready with its reports.
Media reports said that the committee is likely to submit the reports on revised allowance to Finance Minister Arun Jaitley very soon.
Quoting sources in the Finance Ministry, media reports said that the committee is waiting to be called by Jaitley for submission of its reports.

Friday, October 14, 2016

7th Pay Commission: Central govt employees likely to get fatter allowances before Diwali

Once the notification issued, the revised allowance recommended by the 7th Pay Commission will be given to central government employees and pensioners from October or November.

The notification for the implementation of the fatter allowances under 7th Pay Commission recommendations is likely to be issued within two weeks by Prime Minister Narendra Modi led government. Once the notification issued, the revised allowance recommended by the 7th Pay Commission will be given to central government employees and pensioners from October or November on the eve of Diwali. The special committee on allowances, under 7th Pay Commission recommendations, headed by Finance Secretary Ashok Lavasa, will soon submit its report to the Finance Ministry. It is expected that central government employees and pensioners will start getting higher allowances from their October or November salaries or pensions.

Thursday, October 13, 2016

7th Pay Commission: Defence forces to get 10% arrears before October 30 as 'Diwali gift

The arrears will be 10 percent of the current pay drawn by the soldiers, which would be calculated from January 2016.

Even as the Central government and the three defence chiefs are trying to sort out a dispute over the new pay grades for the army, navy and the air force, the BJP government has planned a temporary payment for the armed forces.
The defence ministry has said a "pending issuance" of the pay commission notification has been sanctioned by the president on ad-hoc basis. The arrears will be 10 percent of the current pay drawn by the soldiers, which would be calculated from January 2016, the Economic Times reported.

Friday, October 7, 2016

Interest Free Advances to Central employees abolished

Almost all the interest free advances admissible to Central Govt. employees are abolished as per the recommendation of seventh CPC. Only exception will be :
1. Advance for medical treatment
2. Advance for travelling allowance for family of deceased
3. Advance for T.A. on tour and LTC advance
All other allowances such as Bicycle Advance, Festival Advance, Advance of pay on transfer etc. has been abolished with immediate effect.
Click here for the O. M.

Computer advance retained
All central Govt. employees may avail Personal Computer Advance upto Rs 50,000/, maximum five times in entire service life.  This is an interest bearing advance. Other interest bearing advances such as motor cycle advance, motor car advance stand discontinued with immediate effect.
Click here for the O.M.

Thursday, October 6, 2016

7th CPC : New Allowances from August ?

 Following News has been published by Sen Times, a popular website for Central Govt. employees.
“Fatter allowances are likely to be implemented with effect from August 1, 2016,” sources in Finance Ministry familiar with the matter said today morning asking not be named.
“The arrears of hike in basic pay is usually only paid. No arrears for allowances is paid, as per usual practice, the allowances is paid from the date of starting payment of salaries on the recommendation of the new pay commission, the 7th Pay Commission recommendations has been started from August. Hence the government will implement higher allowance from August 2016 and the government is considering this angle,” the sources said.
The government has paid its employees arrears arising from implementation of the 7th Pay Commission recommendations in one go in August salaries. The basic pay hike has been made effective from January 1, 2016.
“The FM is likely to approve the proposal of committee on allowances which will stick to the 7th Pay Commission’s recommendations on allowances like glue and the higher allowances will be implemented with prospective effect from August 2016,” the sources confirmed.
However, the central government employees unions demanded for implementation of the allowances with retrospective effect from January 2016.
The hike in allowances is likely to happen by October 31, the sources told The Sen Times.

Wednesday, October 5, 2016

Meeting on allowances on 13th October with Secy Staff Side, NC(JCM)

Tuesday, October 4, 2016

Central employees to get adhoc bonus - order issued

Ahead of the festive season, central staff have reason to celebrate. Finmin yesterday issued adhoc bonus order to all non gazetted central Govt. employees for the year 2015-16.
With the enhanced calculation ceiling, each employee will get Rs 6908 as festival bonanza , Non Productivity Linked Bonus.
Click here for the order

Monday, October 3, 2016

GPF interest rate reduced to 8% from Oct to Dec 2016

"It is announced for general information that during the year 2016-2017, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.0% (Eight per cent) w.e.f. 1st October, 2016 to 31st December, 2016. This rate will be in force w.e.f. 1st October, 2016."
Click here for the finmin resolution

Sunday, October 2, 2016

Minimum wage and multiplication factor : Unions started "Strike" drama again

It has been crystal clear that Govt. is not at all considering enhancement of multiplication factor or minimum wages, the existence of the national leaders of union is surely at stake. Employees with lowest increase in the pay commission effect ever were in the mood of agitation and spontaneously welcomed the decision of indefinite strike. But they watched with disbelief that their own leaders were much more active to withdraw the strike than the Govt. Leaders claimed that Govt. assured them to form a high level committee to consider their demands but later on the FM categorically denied any such possibility. Employees have no trust upon their leaders and they hardly believe any such commitment was actually made by Govt.
To regain faith or keep their office of profit intact, the leaders once again started the hype of agitation, details of which is given below.
"1ST PHASE – 20TH OCTOBER 2016 – THURSDAY
Demonstration at all centres/all office gates and forwarding of resolutions adopted on charter of demands to Hon’ble Prime Minister of India (2) Hon’ble Home Minister (3) Hon’ble Finance Minister and all Departmental heads.

2ND PHASE – 7TH NOVEMBER 2016 – MONDAY
Mass dharna at all state capitals/important centres.

3RD PHASE – 15TH DECEMBER 2016 – THURSDAY
Massive Parliament March of not less than 20000 Central Government employees.

4TH PHASE – STRIKE JOINTLY WITH ALL LIKE MINDED ORGANISATIONS
Date will be decided in consultation with other organisations." 
Let us see how the employees react this time !

Fixation of pay and grant of increment in the revised pay structure – clarifications

Following the notification of Central Civil Services (Revised Pay) Rules, 2015, this Depertment has received references seeking clarifications regarding various aspects of fixation of pay in the revised pay structure as also pay fixation and grant of increment in future under revised pay structure. The matter has been considered in this Department and the points of doubts are clarified as under:
Click here for clarification
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.

Blog Archive