Saturday, May 31, 2014

Likely D.A. from July 2014 for central employees

Based on the AICPIN index for April 2014 (increase of 3 points) it can be assumed that central employees are likely to be awarded with a 7% increase in Dearness Allowance from 1st July 2014. The index number of May and June 2014 (yet to be published) will definitely come into play for the actual calculation. Even if the trend of April'14 continues (3 points increase in next two months), the D.A. will be still 7%. Even 1 point increase in the next two months will also take the total D.A. payable as 107%. In the worst scenario, no increase or even decrease in the next two months (which is a bit unlikely at this point of time) may take the D.A. @6% only.
So taking all probabilities in mind, we predict a 7% increase of D.A. w.e.f 01.07.2014

Consumer Price Index for Industrial Workers (CPI-IW) - April, 2014

The All-India CPI-IW for April, 2014 increased by 3 points and pegged at 242 (two hundred and forty two).
View the press release here

Crucial Date for Promotion : 1st January or 1st April ?

As per the new OM of DOPT published on 28th May, 2014 it has been decided that the crucial date of eligibility shall be 1St April of the vacancy year in case of financial year based vacancy year i.e. where the Annual Performance Appraisal Reports (APARs) are written financial year-wise. In case of calendar year based vacancy year, i.e. where APARs are written calendar year-wise, the crucial date of eligibility shall remain as 1st January of the vacancy year. These instructions shall come into force in respect of vacancy year 2015-16 (financial year) commencing from April 1, 2015 and vacancy year 2015 (calendar year) commencing from January 1, 2015 and shall, accordingly, be applicable to all such subsequent vacancy years.

New P.M. may implement performance-based incentives for Govt. employees

Following its mantra of maximum governance and minimum government, Prime Minister Narendra Modi may implement performance-based incentives schemes for central government employees.
The Department of Personnel and Training (DoPT) is slated to give a detailed presentation on Performance-Related
Incentive Scheme (PRIS), which was recommended by Sixth Pay Commission and accepted by the UPA government, to the Prime Minister soon, officials said.

Wednesday, May 28, 2014

Bihar hikes D.A. @ 10% for employees and pensioners

The Bihar cabinet on Tuesday raised the DA of its three lakh employees and pensioners, availing of the revised payscales as per the sixth pay commission's recommendation, from 90% to 100% with effect from January 1, 2014.

Tuesday, May 20, 2014

No Bank strike on Friday, the 23rd May 2014

This is to draw kind attention to our viewers that no bank strike is going to be organized on Friday, 23/05/14. The Bank unions will stage demonstration against the "Nayak" committee report. Some media published news regarding strike on 23rd and in the earlier post the same was published here. We apologize the mistake. AIBOA, AIBEA, BEFI, INBOC and INBEF have decided to adhere to the call to hold the demonstrations at all centres, on 23.05.2014 [Friday] to withdraw the Nayak Committee as it is anti-people and anti-public sector in content. 

Bank strike on 23rd May against Nayak Report

Update : No Bank Strike on 23rd May 2014, only demonstration.

Giving a strike call on May 23 against recommendations of the P J Nayak Committee on corporate governance in public sector banks, various bank employees’ associations said today they would oppose any attempt to privatise state-run banks.
Last week, an RBI working committee headed by former Axis Bank chairman P J Nayak had suggested the government to cut its holding in public sector banks to below 50 per cent.

Update on CBEC Cadre Review : 19.05.2014

Chairman CBEC informed the progress of cadre review to the staff members by issuing a fresh message.
" ......Through this message I would like to apprise to you all the steps being taken at CBEC level and also reiterate to you those steps which are required to be taken  by Cadre Controlling Authorities (CCAs)..."
Click here to view the full message

Monday, May 19, 2014

AN OVERVIEW OF CR IN CBEC

As per the approved plans, the CBEC will have as many as 119 Central Excise Commissionerates; 22 Service Tax Commissionerates, 60 Customs Commissionerates and 45 Audit Commissionerates. Since Mumbai has the largest number of service tax assessees it has been given as many as FIVE SERVICE TAX Commissionerates; followed by FOUR for Delhi; THREE for Chennai; TWO for Bangalore and ONE each for Hyderabad and Pune.

Saturday, May 17, 2014

CBEC Cadre Review : Jurisdiction and manpower deployment next week ?

It is learnt from sources that much awaited notification for Jurisdiction and manpower deployment under CR 2013 is under process and expected to be issued next week. CBEC invited association representatives on 19th May to discuss all India seniority and to remove regional disparity in promotion. 
Source : ITIAN INDIA

Tuesday, May 13, 2014

Exit polls project Modi-led NDA govt

"Ab ki bar Modi Sarkar ?"

New Delhi, May 12 (PTI) The BJP-led NDA is projected to form the government at the Centre with exit polls tonight giving between 249 and 290 seats to the Narendra Modi-led grouping, which is close to the half-way mark in the 543-member Lok Sabha

CBEC cadre review finally cleared by F.M.

View the message of Chairperson, CBEC, which is self explanatory.
"Greetings to IC & CE family. It is my pleasure to inform you that implementation of the cadre restructuring of the department has been approved by the Hon'ble F.M. on 10.05.2014....
Click here to read more

Wednesday, May 7, 2014

Haryana hikes DA for pensioners

 Haryana government today announced to hike the rate of dearness allowance payable to the pensioners of the state government from existing 90 per cent to 100 per cent with effect from January 1 this year.
The  D.A.  to pensioners and family pensioners would be admissible on the pattern of the Central government, an official spokesman said here.
The grant of D.A would put annual impact of Rs 137.52 crore on the state exchequer he said.
Source : PTI
The Govt. has earlier enhanced the D.A. for the employees at par with central employees vide order dated 15.04.2014

Tuesday, May 6, 2014

No meeting between IBA and UFBU took place on 5th May 2014

Information published  in this blog based on inputs from sources was not correct, and no meeting was scheduled 
on 5th May 2014 as reported.
Till now no date has been fixed for next meeting about Xth BPS.
We sincerely apologize the mistake, we should have been more careful and cross checked before publishing this news.

Monday, May 5, 2014

Revision of Pension of Pre-2006 Pensioners from Jan 2006 – Curative Petition Dismissed

Pre-2006 Pensioners have won another legal battle to get revised Pensionary benefits with effect from 01.01.2006 based on a concordance table similar to the 6th CPC recvised pay scales.
The Curative Ptition filed by Government before Hon’ble Supreme Court against the dismissal of Review Petition by the Apex Court, has been disbmissed by Hon’ble Supreme Court.

Sunday, May 4, 2014

National Mazdoor Conference demands 20% I.R. for Govt. employees

National Mazdoor Conference today(03/05/14) urged the chairman of the newly-constituted 7th pay commission to recommend 20 per cent interim relief in favour of both central and state government employees. 

"We urge the chairman of the 7th pay commission that it should recommend to the new Central government (after the election) to accord the interim relief in favor of both central and state government employees and pensioners to the tune of 20 per cent interim relief in basic pay," NMC president Subash Shastri said in a memorandum sent to the chairman of 7th pay commission. 

These recommendation should be made soon after lifting up Model code of conduct, he said. 

He also demanded merger of 50 per cent DA with the basic pay-pension and enhancement of retirement age of 62 years in case of central government employees. 

10th BPS : Next talk between IBA & UFBU tomorrow

In the earlier meeting of Bank Unions(UFBU) with Indian Banks Association(IBA) on 14th March it was informed that there will be further talks in the middle of April '14. However no meeting took place in April.
Now it is informed that next meeting on 10th Bi partite negotiation with UFBU and IBA will be held on 5th May 2014.
Bank unions anticipate 15% wage hike in the scheduled meet.
News provided by Mr Mohan P.

Friday, May 2, 2014

Download IBA circular on Dearness Allowance for May/June/July 2014

As informed earlier in this blog, Band D.A. decreased 16 slabs for the month of May/June/July 2014 and stood at 650 slabs. Thus total D.A. payable stands at 97.50% of pay. IBA issued circular in this effect today.
Download IBA circular on D.A. for May/June/July 2014
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