Tuesday, January 4, 2022

Odisha announces 3% D.A./D.R. for Govt employees

Odisha Govt. announced 3% D.A. /D.R for state employyes and pensioners with effect from 01/07/2021 and issued order in this effect.

Click here for D.A. order

Click here for D.R. order

Monday, January 3, 2022

Fake news of freezing of D.A./D.R for central employees on circulation

 A fake order of Ministry of Finance, GOI is in circulation for the last few hours. Th esummary of the message is as follows :

"...Dearness Allowance payable to Central Govt. employees and Dearness Relief payable to Central Govt. pensioners, payable at current rates are to be kept in abeyance so as to deal with any unprecedented situation...."

(Copy of the circulation, mainly on whatsapp is not being provided here to avaoid any such confusion.)

Paycommisionupdate inquired about this and did not find any such circular in any official website, nr in any Finmin portal.

The circulation is a fake news and viewers are asked not to be confused.

Saturday, November 13, 2021

RBI employees on warpath for wage settlement


RBI staff wages are decided through a bipartite settlement once in five years through negotiations between management and employee unions. The current round of wage revision is pending since November 2017.

The United Forum of Reserve Bank officers and employees has threatened to go for mass agitation seeking urgent resolution of wage settlement issue. The agitation plans include mass casual leave for all staff coming under current wage settlements on November 30, 2021.

"Our patience is wearing thin, you will please appreciate. Our members are very restive and are in highly agitated mood," said the United Forum office bearers in a letter to RBI Governor Shaktikanta Das on November 12.

"We, as their accredited representatives, are therefore, constrained to call upon our members to mobilize themselves and express their grievances appropriately, in organized and disciplined manner, including cessation of work through Mass Casual Leave, which we sincerely tried to avoid but an inordinate delay on Bank’s part on such a very sensitive matter compels us," the letter said

RBI staff wages are decided through a bipartite settlement once in five years through negotiations between management and employee unions. The current round of wage revision is pending since November 2017. The RBI has different unions for lower-level employees (mainly class 3 and 4 employees) and officers.

The wage settlement applies to all central bank staff although officers typically get slightly higher revision compared with lower-level employees. The Indian central bank has around 12,500-13,000 employees.

According to the union, the representatives of AIRBEA (All India Reserve Bank Employees Association) were asked to come to Mumbai for a physical meeting with RBI’s negotiating team on September 22, 2021 in presence of Executive Director in-charge of Administration.

Accordingly, AIRBEA invited its leaders from various centres to Mumbai. However, on September 24, 2021, though the AIRBEA representatives waited for the whole day for RBI's draft settlement which did not come, the Union officials said. “In the evening we were informed by the HRMD (Human Resource Management Department) officials that because of some constraints, Bank was not enabled to give us the draft and we were asked to come on Monday, the 27th September, 2021,” the officials said, adding due to this, about twenty-five AIRBEA representatives had to prolong their stay in Mumbai in anticipation of the draft.

Source : Money Control

Thursday, October 21, 2021

Central employes and pensioners get 3% additional D.A./D.R with effect from 01/07/2021

 As informed in this blog a few hours ago, Cabinet approved 3% D.A/D.R. to Central Govt. employees and pensioners with effect from 1st July 2021. With this hike total D.A./D.R. reached to 31% of Basic Pay / Pension. Earlier in July, Govt. cleared pending 11% D.A. which was kept in abeyance from January 2020 onwards due to corona outbreak and necessary expenses thereof.

This will benefit about 47.14 lakh Central Government employees and 68.62 lakh pensioners Impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per annum (As per PIB Press Release)

Centre may announce 3% D A today

 As per sources, Cabinet likely to announce 3% D A to Central Govt employees and pensioners wef 01/07/2021 today.

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