Friday, January 31, 2014

Central Govt. employees to get 10% Dearness Allowance from 01.01.2014

Consequent to rather unusual decrease in Consumer Price Index Data for December 2013 (4 points decrease), the dream of some central employees regarding 11% hike remains unfulfilled. As predicted earlier, there will be 10% hike in D.A. taking the total toll to 100% with effect from 1st January 2014. This hike will also effect Transport Allowance as usual.
With the D.A. reaching 100%, some allowances including children education allowance will get 25% rise. The hike is generally announced in the month of April after cabinet approval but in the election year, it may be advanced because model code of conduct may create obstruction after the notification of poll by election commission.

Bank D.A. to increase 25 slabs for Feb/Mar/Apr'14, View pensioners' hike

Consequent to 4 points decrease in CPI(IW) No. for the month of December 2013, Bank employees to get 25 slabs increase in D.A. for February,March and April 2014.
 Dearness Allowance is payable to Officers/Employees on 666/99.90% (i.e.641+25) slabs
[about 3.75 %]with effect from 01-02-2014 as
 against 641 slabs for the previous quarter.
Thanks to Mr Debashis Das for providing the D.A. calculation at the earliest.

February 2014 to July 2014July 14.

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

Consumer Price Index Number decreased
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239(two hundred and thirty nine).

Central D.A. for Jan'14 and Bank D.A. from Feb'14 will be known today (31.01)

With the scheduled release of AICPIN No. for December 2013 by Labour Bureau, the actual increase in Dearness Allowance for Central Govt. employees from 01.01.2014 and Bank employees from Feb to April 2014 can be calculated today. Usually the data is released in the evening. It is anticipated earlier that Central employees are going to get 10% increase and Bank employees to get 34 slabs hike in D.A. As the central D.A. pattern is followed by most of the state Govt.s , everybody is waiting to know the final calculation. 

Thursday, January 30, 2014

Subsidized LPG raised from 9 to 12 cylinders, Subsidy without Adhar Card

In a populist measure, cabinet endorsed the hike in subsidized LPG cylinders from existing 9 to 12. This will be effective from February 2014. There is another news which is actually a breather to many Indians who are desperately waiting to get Adhar Number. Cabinet put on hold to Adhar linked direct transfer of LPG subsidy to bank accounts.
View the PTI News

Wednesday, January 29, 2014

Bank Bipartite Update on 29.01.2014

10th Bi Partite Talks -Latest developments:
As informed earlier,on 27th January 2014 during the negotiations for Xth Bi-Partite Settlement, IBA improved their offer from 9.5% to 10% which was rejected by the unions and UFBU decided to call for 2 days Strike on 10th and 11th February  2014.

Now IBA invited the unions for talks/negotiations on Xth Bi-Partite Settlement on 13th February 2014 at Mumbai

In view of strike call on 10 & 11 Feb. CLC (Central) will hold conciliation proceedings at 11.30 a.m. on 06.02.2014 in New Delhi.

Submitted by Mr. Mohan. P from All India Punjab National Bank Staff Federation Website.

Tuesday, January 28, 2014

Details of meeting between IBA and UFBU on 27.01.2014

Following details of negotiation is being published from All India Bank Officers Association website.
"In order to comply with the recorded minutes before CLC (C) on 13th Jan 2014, the 8th  round of wage revision talks was held at Mumbai today.  IBA team was captaioned by Shri T M Bhasin ,Chairman Negotiating Committee accompanied by Shri SL Bansal CMD OBC, Shri R K Dubey CMD Canara Bank, Shri Rajiv Rishi, CMD CBI, Dr J N Mishra DMD SBI, Shri Rakesh Sethi, ED PNB, Shri MV Tanksale, CEO IBA, Shri K Unnikrishnan Dy CEO, IBA besides HR department Officials of IBA.  All the eleven Unions participated in this round.

5-day week plan for Kendriya Vidyalaya kids

Kids, maybe its time to say “Yay”!
Some five lakh children studying in classes I to V in about 1,100 Kendriya Vidyalayas in the country may get two days off every week instead of only Sunday from the coming academic year.
The board of governors of the Kendriya Vidyalaya Sangathan (KVS) will meet tomorrow to consider a proposal to switch to a five-day-week schedule for children in these classes from 2014-15.
The new schedule may not be applicable for teachers.

Monday, January 27, 2014

Bank Bipartite update : IBA & UFBU talk fails again, Bank strike on February 2014

As per information available with us, today's (27th Jan'14) bipartite talk between IBA and United Forum of Bank Unions fails again. IBA offered nominal increase of offer to 10% from 9.5% earlier which is rejected by the unions. 
UFBU decided to call for two days' Bank Strike on 10th and 11th February 2014.
Details of the meeting is still awaited.
News Courtesy Mr Mohan P. 

Friday, January 24, 2014

EPF pensioners to get minimum of Rs 1000 as pension

The finance ministry has approved a proposal for providing a minimum monthly pension of Rs 1,000 to workers in the organised sector, a move which would benefit 27 lakh pensioners immediately.
The ministry has also approved a proposal for raising the basic wage ceiling under the Employees Provident Fund Scheme to Rs 15,000 from existing Rs 6,500 per month.
At present, there are about 44 lakh pensioners. Of this 27 lakh, including 5 lakh widows, get less than Rs 1,000 a month.

Thursday, January 23, 2014

Central employees served two days' strike notice to cabinet secretary

The confederation of central government employees and workers  served strike notice to cabinet secretary for their scheduled two days' nationwide strike on 12th and 13th February 2014 to pursue their 15 point charter of demands. The demand includes merger of Dearness Allowance with basic pay, to expedite formation of seventh pay commission and notify terms of reference, abolition of new pension scheme etc.

Friday, January 17, 2014

IBA improves pay hike offer, Bank strike deferred

Next bipartite talk on 27th January 2014
In today's meeting IBA improved their initial offer from 5% to 9.5% i.e. 3000 crores on payslip cost and to hold next round of talks on 27th Jan. 2014 to view of this UFBU decides to defer the proposed strike on 20th and 21st Jan. 2014.

Submitted by Mr. Mohan.P
Some details as per media report

Bank bipartite : Unions likely to demand 30% hike

As the Indian Banks’ Association and the United Forum of Bank Unions return to the negotiating table on Friday at the directive of the Chief Labour Commissioner, the bank unions are likely to demand a 30 per cent rise in gross pay.

Wednesday, January 15, 2014

Decision on 50% merger of D.A. soon

The article published below is gathered from unconfirmed sources. 
It has been reported that the government is considering the merger of 50% of the DA with the basic. The government is likely to take a decision during the budget session of Parliament in February 2014. The information was given by sources close to the Central Government Employees Federations. The federations were demanding the merger from January 2011. 

Tuesday, January 14, 2014

Bank bipartite talk advanced to 17th January

Strike stands.
Subsequent to issuance of Notice by Bank Unions (UFBU )for 48 Hours’ All India Bank Strike on the 20th and 21st January 2014, the conciliation meeting was held on 13th Jan'14. at New Delhi.
The Chief Labour Commissioner (Central) suggested that another round of talks shall be held between IBA and UFBU to find amicable solution and further meetings should be held at regular intervals, say fortnightly, to settle an early wage revision.
 Agreeing to the suggestions made by CLC(C), the representatives of IBA offered to hold negotiations with 
the representatives of UFBU on 17th January 2014.
The decision on strike will depend on the outcome of the meeting to be held on 17th January 2014
Submitted by Mohan.P

Monday, January 13, 2014

EPF interest raised to 8.75% for 2013-14

 Recent Update at 1.35 P.M : Retirement fund body EPFO on Monday decided to provide 8.75 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14. 

Earlier News
Retirement fund body EPFO is likely to retain 8.5 per cent interest on provident fund deposits for its over 5 crore subscribers in 2013-14 on Monday .
The Employees’ Provident Fund Organization’s apex decision making body — central board of trustees (CBT) — is scheduled to meet on Monday to decide on the PF interest rate for this fiscal.
According to the agenda for the trustees’ meet, 8.5 per cent interest will leave a small surplus of Rs 56.96 crore.
The EPFO, which is estimated to have an income of Rs 20,796.96 crore in the current fiscal, needs Rs 20,740 crore to pay 8.5 per cent interest to the subscribers.

Central employees on 48 hours strike. Feb 12&13 2014

Confederation declared 48 hours nationwide strike of Central Government Employees on 12th &13th FEB 2014 demanding settlement of 15 point Charter of Demands including  DA Merger, Interim Relief, Inclusion of Gramin Dak Sewaks in 7th CPC, Regularization & Revision of wages for casual labours , Date of effect of 7th  CPC as 1/1/2014, Rescind the PFRDA Act etc.
View details here

Friday, January 10, 2014

Orders reserved on Majithia Wage Board notifications

The Supreme Court on Thursday reserved orders on a batch of writ petitions challenging the constitutional validity of the notifications the government issued to set up the Justice Majithia Wage Board for journalists and non-journalists on a new pay structure and to direct the newspaper managements to implement its recommendations.
A Bench of Chief Justice P. Sathasivam and Justices Ranjan Gogoi and Shivakirti Singh reserved orders on petitions filed by ABP Ltd., Bennett Coleman and Co. Ltd., which publishesThe Times of India and other newspapers and the Indian Newspaper Society after a marathon hearing from September last. The petitions challenged the Wage Board’s report submitted in December 2010 and the notification issued by the government in November 2011.

Thursday, January 9, 2014

PSU IDA order with effect from 01.01.2014 released

SBI introduces sabbatical leave to female staff; may extend to males

Leave without pay
Women employees of SBI can now take two-year sabbatical leave from work for purposes like children's education. 
State Bank of India (SBI) is likely to extend this facility to single male parents as well. 

Monday, January 6, 2014

Tamilnadu announces "Pongal Bonus"

 Tamil Nadu government on Sunday announced Pongal bonus for its employees and pensioners, which would cost it a sum of Rs 308.28 crore. 

Chief minister J Jayalalithaa announced Rs 3000 for Group C and Group D officials and teachers. 

Those under Group A and Group B, anganwadi workers, ICDS employees, village assistants and certain temporary staff will be provided Rs 1000, she said in a statement. 

Further, pensioners and former village administrative officers (VAO) will be granted a sum of Rs 500 on the occasion of Pongal, she said. 

The said measure will help government employees celebrate Pongal, the harvest festival which ushers in the auspicious Tamil month "Thai", with fervour she said adding government will incur an expenditure of Rs 308.28 crore.

Source : Times of India

Interim Relief for Andhra Pradesh employees, Order Issued

AP Govt staff gets 27% interim relief

In a New Year gift to State Government employees, the Andhra Pradesh Chief Minister N. Kiran Kumar Reddy, on Thursday announced interim relief of 27 per cent with effect from January 1, 2014.
This decision will benefit about 9.2 lakh Government staff and 5.5 lakh pensioners. The move will have additional financial burden of Rs 7,681 crore for full year and Rs 1,920 crore for three months during the period up to March 31, 2014.
Addressing a press conference, the Chief Minister said the decision to provide interim relief was taken by the Government in spite of lower revenue collections during first nine months compared to what was initially projected.
In all about 14 lakh employees of Government staff and nearly 70 lakh people, covering members of these Government staff will also benefit from this new initiative to provide them health cards. He said a steering committee will be constituted to monitor the progress of issue of these cards to staffers and their family members.

Thursday, January 2, 2014

Next bipartite discussion between IBA and UFBU on 29th Jan

It is learnt that IBA has called UFBU leaders for next round on bipartite talks on 29th January 2014. But the union leaders insisted on continuing the strike on 20 and 21st January as decided earlier.

Wednesday, January 1, 2014

Your comments are valuable to us. Please keep on posing comments

We deeply appreciate comments from our viewers. Some times back we introduced Google Plus for sharing comments. But viewers without any google account was being denied to post comments in this blog. A number of viewers objected about that and with due respect to their difficulties, we decided to make it easier. From 1st January 2014, viewers can post comment in this blog without any particular account, even anonymously. Come on , share your valuable views. We wish a happy and prosperous new year to our viewers. 

Tamilnadu announced 7% pay hike for power staff

The Tamil Nadu Government today announced a seven per cent hike in the salary of Electricity Board employees with effect from December 1, 2011.
The announcement made by Chief Minister J. Jayalalithaa on the New Year day will benefit 70,820 workers and 10,160 officers of Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco), the power generation and distribution arm of Tamil Nadu Electricity Board, and cost an additional expense of Rs 252 crore to it, an official release said here.
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 "" and I will remove it immediately on demand. All the other standard disclaimers also apply.

Blog Archive