Monday, December 31, 2012

Bank D.A. likely to increase 23 slabs from Feb'13

Update on 31.01.13 : AICPIN of Dec'12 released. To view the actal increase of Bank D.A. Click Here
With the release of AICPIN data of November'12 following is the calculation of anticipated D.A. increase for Bankers for Feb, Mar & April 2013.

AICPIN of November 2012 released

Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2012
The All-India CPI-IW for November, 2012 rose by 1 point and pegged at 218 (two hundred and eighteen). On 1-month percentage change, it increased by 0.46 per cent between October and November compared with 0.51 per cent between the same two months a year ago. 

Saturday, December 29, 2012

Three fold fee hike for Kendriya Vidyalayas

If your child studies in a Kendriya Vidyalaya, be prepared for a steep hike in school fee. The Kendriya Vidyalaya Sangathan's board of governors, which is meeting on Friday, is likely to clear a three-fold hike in fees.

Download 2nd pension option for VRS in bank

Different banks have issued circular for second pension option for those who have been left out previously.
For VRS optees the banks are extending the option. We sincerely thank Mr Mahesh Agarwal for compiling those circulars for the benefit of concerned persons.
Bank of Baroda circular
Bank of India circular
Oriental Bank of Commerce circular
Syndicate Bank circular
Canara Bank Circular
Viewers are requested to send more circulars issued from different Banks to enable us to post them in this site for the benefit of our viewers.

Kerala govt asks staff to wear khadi on Wednesdays

 In a bid to promote khadi and handloom sector, Kerala government has asked its employees to wear khadi or handloom clothes on Wednesdays.
Government has issued an order directing all government employees and teachers to wear khadi or handloom clothes on Wednesdays, an official relese said here on Friday.

Thursday, December 27, 2012

Likely Bank D.A. from Feb'13 : A sum up

Like every time we are being flooded by queries from bankers about the probable D.A. for Feb/Mar/Apr 2013. As you are aware that D.A. is calculated on AICPIN data for the last three months, i.e., Nov, Dec and Januray , it is too early to calculate anything. We have only November data published and the December figure will be made available on the last working day of this month. Then only we can make some prediction and do the anticipated calculation. Based on the current trend of inflation,there is a possibility of significant increase but we have to wait a little longer to predict anything.
The next index of CPI-IW for the month of November, 2012 will be released on Monday, December 31, 2012

Confusion over percentage of D.A. in West Bengal

What is the actual hike ? 7% or 6% ?
With the announcement of 7% D.A. from January 2013 for the state employees and pensioners by the C.M. yesterday (Click here to view the PTI news), the state workers are confused about the real hike. As far as pending installments are concerned, the next due installment was 6% in stead of 7%, as promised by the C.M. When contacted for clarification, the senior officers in the finance ministry said that it was not an issue and they will release 7% D.A., as announced by the C.M. yesterday. But state employees are keeping their fingers crossed and waiting for the order to be issued by the Finance Dept. But it is certain that at least some relief is coming in the new year.

Wednesday, December 26, 2012

Bengal C.M. announces 7% D.A.

Update on 31.12.12 : D.A. order released
West Bengal announces Dearness Allowance from Jan'13
Siliguri (WB), Dec 26 (PTI) The West Bengal government will give seven per cent more to the existing Dearness Allowance to its employees, Chief Minister Mamata Banerjee said today.

The enhanced DA will be given from the end of next January, Banerjee said on arrival at the Bagdogra airport here from Kolkata.

New timing for CGHS dispensaries in New Year

CGHS dispensaries, now known as Wellness Centres, will function on revised timing from the new year. It has been decided to fevise the timings of CGHS Wellness Centres from the present 7.30 A.M. to 1.30 P.M. to the new timings of 9.00 A.M. to 4.P.M. from 1.1.2013.
The new timing will be implemented in centres in New Delhi/NCR first and orders for other centres will follow soon.

Friday, December 21, 2012

West Bengal considering hike in Dearness Allowance

Update on 31.12.12 : D.A. order released
West Bengal finance secretary to attend Cabinet meet
Reeling under acute financial crunch, chief minister Mamata Banerjee has set a precedent by instructing the state finance secretary to remain present at the first cabinet meeting of the New Year. It is learnt that the chief minister wants to review the revenue status and focus on generation of non-plan funds to disburse the fresh installment of dearness allowance (DA).

BSNL orders stepping up of pay for J.A.O.s at par with direct recruits

BSNL order on issue of grant of 5 (five) advance increments on the minimum of revised E1 IDA pay scale of Rs.16400-40500/- to JAO (Departmental) at par with directly recruited JTOs/JAO
Download the order

Kendriya Vidyalayas to open after winter break : Date altered

On the basis of representations received, Kendriya Vidyalaya Sangathan has decided to reopen Kendriya Vidyalaya schools on 15.01.2013 after winter break in the places wherever Central Govt. offices are closed on 14.01.2013.
In other places it will re open as scheduled on 14.01.2013.
View the Circular from KVS

Thursday, December 20, 2012

Assembly Election : Gujarat for BJP, Himachal for Congress

View results and trends 
The trend of results of the two assembly elections are coming in. Modi led BJP is all set for a hattric in Gujarat, while Congress likely to retain the hill state.

Wednesday, December 19, 2012

Xth BPS : Negotiation On. bankers likely to ask for 25% hike

A salary revision seems to be around the corner for around 700,000 public sector bank employees.The Indian Banks’ Association and trade unions have begun initial negotiations on on wage revision, and industry sources said employees are likely to ask for a 25% increase in salaries.

Tuesday, December 18, 2012

Govt to issue orders next month for pension benefit to armed forces

Government Orders on Cabinet Decision on Pensionary Benefits to Ex-Servicemen to be Issued Next Month
Describing the twin tasks of improving the pensionary and medical benefits for ex-servicemen as ‘subjects of prime concern’ and ‘as an ongoing process’, the Defence Minister Shri AK Antony today announced that the orders authorizing payment to ex-servicemen and their families accruing from the recent cabinet decisions, hiking pension and other benefits amounting to nearly Rs.2300 crores per annum, would be issued next month. 
Addressing a meeting of the Consultative Committee attached to his Ministry, here, Shri Antony said this is the third time in the last four years that the Government have systematically improved the post-retirement benefits for ex-servicemen. 

Monday, December 17, 2012

SC/ST quota in promotion bill passed in Rajya Sabha

The bill for providing quota to members of Scheduled Castes (SCs) and Scheduled Tribes (STs) in promotion in government jobs was on Monday passed in the Rajya Sabha by an overwhelming majority. As many as 184 votes were cast in favour of the bill while there were eight votes against it.

West Bengal likely to announce D.A. this week

6% or 13%from 1.1.2013
 Sources in the Finance Ministry of the state Govt. revealed that it is all set to announce the next .installment of Dearness Allowance for the state employees. It is to be announced very soon, probably in a couple of days. As per information with us, the hike will be 6% of basic pay (another source in the ministry informed that there will be two installments granted together amounting to 13% in one go) and will be effective from January 1 , next year.

Saturday, December 15, 2012

Bank Strike on 20th December 2012

View IBA Notice to customers
All India Bank Employees Association and Bank Employees Federation of India  has served Notice on Strike on 20th Dec 2012, to Chairman, protest against :-
-  The attempts of the Government to hurry up with the proposed amendments to the Banking Laws 
- To oppose  attempts  of grouping the Banks for functional coordination with a view to ultimately merge the Banks.
National Union of Bank Employees also supported the strike.

View the BEFI Strike Notice
View the NUBE Circular

Monday, December 10, 2012

Central Govt staff to go on strike on December 12

Railway employees are not joining the strike.
The Confederation of Central Government Employees and Workers (CCGEW) have given a call for a one-day strike on December 12 demanding fulfilment of its 15-point charter of demands. The major demands include setting up of a seventh Central Pay Commission (CPC), rectification of anomalies, rectification of DA formula, grant of transport allowances for all field persons and revision of tour TA and DA.

J & K released second installment of pay commission arrears.

The Jammu and Kashmir government has released an amount of Rs 900 crores to clear second installment of the arrears of over 4.5 lakh state employees on account of Sixth Pay Commission during the current financial year, reports from Jammu said Sunday.

BOB's circular on 2nd pension option for VRS retirees

Bank of Baroda has become the first to release second pension option for VRS optees.
Click to download the Circular

Sunday, December 9, 2012

Bankers demand 5 days week, NUBE submitted memorandun

Demand for five days' week in bank is again on the news. NUBE, an organization of bank employees recently submitted a memorandum to Central Govt for implementation of this long awaited demand.

WB teachers' transfer bill deferred

The proposed General Transfer for Govt. aided school teachers of West Bengal is likely to be deferred for some time. The education minister of the state has informed that due to non availability of consent from the  cabinet, the proposed bill is not to be introduced in the current assembly session. The minister discussed about the bill in length with CM and state Finance Minister and informed that it will be introduce late after obtaining approval from the cabinet.
View the details about proposed General Transfer

Saturday, December 8, 2012

Frequently Asked Questions on LTC

There are a lot of doubts regarding LTC of Central Govt. employees. Queries regarding LTC to Jammu and Kashmir, NER by Air, conversion of Home Town LTC to NER, whether it is permissible to visit NER or J & K more than once are some of the most asked questions.
Many employees want to know the time limit of submitting their LTC bill.
DOPT has published answers of most of these questions.
Click here to view.

Friday, December 7, 2012

UPA wins FDI vote in Rajya Sabha

The UPA government managed an easy win in the Rajya Sabha when FDI in multi-brand retail came up for voting on Friday. The government’s victory was scripted by Samajwadi Party and the Bahujan Samaj Party. While Mayawati chose to vote in favour of the UPA government, Mulayam Singh’s party MPs staged a walkout just minutes before voting. 
123 casted their vote against the motion opposing FDI in multi-brand retail, while 109 voted in its favour. 
The motion was earlier defeated in the Lok Sabha. The voting was preceded by an animated debate in the upper house that saw clashes between government and the opposition, which accused Commerce Minister Anand Sharma of misleading the House and demanded an apology.
Source : ZEE News

WB to introduce General Transfer for school teachers

Transfer by choice in Govt. Aided Schools in West Bengal
Reasons to cheer for Bengal teachers ! The state Govt. is going to introduce transfer by choice for nearly 1 lakh 80 thousand teachers in aided schools. It has earlier implemented mutual transfer and about 11,000 teachers were benefited by that earlier move. But it was not very easy for the teachers to find out willing candidate for mutual transfer. To overcome this difficulty Govt. is going to introduce "transfer on application". Based on application, they may be posted as per their choice.

Wednesday, December 5, 2012

Govt. wins FDI battle in Lok Sabha

Government wins FDI vote in Lok Sabha after SP, BSP abstain
After a long and fiery debate and dramatic walkout by the BSP and SP, the government on Wednesday comfortably won the vote in the Lok Sabha on foreign direct investment (FDI) in multi-brand retail that is seen as important step in its reform process. 

Tuesday, December 4, 2012

Expected PSU IDA from January 2013

Click Here for PSU IDA Order from Jan,1,2013
Update as on 31.12.12 : With the release of inflation data by labour bureau for the month on Nov'12 (218), the expected IDA is marginally increased and it stands to 4.2% from 1st January 2013. Please wait for the official order
As we are constantly receiving requests for prediction of PSU IDA, the following is uploaded for information to all concerned. It may kindly be noted that it is only an assumption.
IDA : if present trend continues it may be 3.9%. We have to wait for Nov 12 index.
Industrial Dearness Allowance(IDA) rates are based on All India Consumer Price Index (IW) average for the specified months, All India  Consumer Price Index ( Industrial Workers(IW)) for the month of October 2012 has increased and  stood at 217 i.e. an increase of 2 points.Based on the average of Consumer Price Index [Industrial Workers(IW)] Industrial Dearness Allowance(IDA) of PSU Employees is to be increased by 3.9% or more from 1st January 2013.

Central staff to get better quarters

Better homes for central staff

The quarters of central government employees are set to become bigger and better.
Ahead of the election season, the urban development ministry is planning to not just increase the houses’ areas by an average of 25 per cent but also fit them out with modular kitchens and electric chimneys. The last time the housing norms were revised was in 1981.

Saturday, December 1, 2012

Read Paycommissionupdate in your own language

Thanks to Google. Paycommissionupdate can be viewed in multiple languages from now. Just look at the top right hand corner of this page. You can easily find the "Translate" gadget. Select your preferred language and read the blog in your mother tongue. We hope that more languages will be added in this functionality soon.

Govt. rules out any comparison of salary between bank and central employees

No Comparison between pay Structure of Central Government Employees and of Bank Employees 
The pay scales of employees in Public Sector Banks (PSBs) are determined as per the agreement between the management and Associations/Unions every five years. Besides the pay, employees in banks are also entitled to a number of other allowances and benefits. The pay scale of the Central Government employees are finalised by Government taking the recommendations of Central Pay Commission into consideration and these pay scales are reviewed generally after ten years. The terms and conditions of service of Central Government employees and Bank employees are entirely different and are regulated in terms of the respective service conditions. Hence, no comparison can be drawn between pay structure of Central Government employees and of bank employees.

This was stated by the Minister of State for Finance, Shri Namo Narain Meena in a written reply to a question in the Lok Sabha today (30.11.2012)
Source : PIB Press Release.
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