With the release of CPI(IW) No. of May 2015 (Increase of 2 points), It is almost certain that central employees will get another 6% of Dearness Allowance from 1st July 2015. Only one moth's figure (June'15) is needed for the final calculation of average of last 13 month's figure. Based on the last 11 month's figure it can be safely predicted that total D.A. will be 119% for the next half year, possibly the last before new pay scale is introduced. Minor increase or decrease of 1/2 points for CPI(IW) No. for June'15 (Which will be released on 31st July) will have no impact on the D.A. from July 1.
Tuesday, June 30, 2015
Likely Bank D.A. from Aug to Oct'15 : Increase of 21 to 25 slabs
Labour Bureau,Ministry of Labour and Employment,Govt of India,released today, the All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of MAY ’15 which stood at 258 points with an increase of 2 points while compared to April’15 figure.
Consequent upon the merger of CPI at 4440 points with Basic Pay under10th BPS/7thJN, serving employees new DA formula came into effect from 1.11.2012.( with DA factor @0.10 for every rise/fall of 4 points on CPI (IW) Base 1960=100)
Accordingly the confirmed index figures for April & May are as follows:
Base 2001=100 1960=100
April 256
May 258
If the present level of index for May is continued at same level in June also, there may have 21 slabs increase in DA payable to Bank workmen/Officers w.e.f Aug.'15.
There is also likelihood of further increase of 1 or 2 points in June index figure in such case increase of 25 slabs too can be expected.
This is only an assumption based on the past trend as well as on latest movement of index numbers.Exact DA for next half year will be arrived based on average index numbers of April,May and June’15.(which will be released in next month only).
News provided by Mohan.P
Consumer Price Index for Industrial Worker (CPI-IW) for May 2015
According to the press release of Labour Bureau, the All-India CPI-IW for May, 2015 increased by 2 points and pegged at 258 (two hundred and fifty eight).
View the Labour Bureau Press Release
View the Labour Bureau Press Release
Sunday, June 28, 2015
Seventh CPC is finalizing it's report, likely to submit within time frame
Yes, It is official. Pay Commission has stated in their website that all meetings and discussions are over and they are in the process of finalizing the recommendations so that it can be submitted within the time frame, which expires on 31st August 2015.
"Further to the memoranda received from a variety of Organisations, Federations, Groups representing civil employees in the Government of India as also from the Defence Services, the Commission has had fruitful and wide ranging discussions on relevant issues with all stakeholders. Such interactions have now been concluded. Valuable inputs have been received and the work of compilation and finalization of the report is underway, so that the Commission completes its task in the time frame given to it. Accordingly, any future requests for meeting with the Commission will not be entertained."
Source : http://7cpc.india.gov.in/
"Further to the memoranda received from a variety of Organisations, Federations, Groups representing civil employees in the Government of India as also from the Defence Services, the Commission has had fruitful and wide ranging discussions on relevant issues with all stakeholders. Such interactions have now been concluded. Valuable inputs have been received and the work of compilation and finalization of the report is underway, so that the Commission completes its task in the time frame given to it. Accordingly, any future requests for meeting with the Commission will not be entertained."
Source : http://7cpc.india.gov.in/
Why OROP is delayed ? Find the possible answer
MoD sources said that the main reason behind the delay is the minuscule increase that jawans may get if OROP is implemented in its present form.
As ex-servicemen steadfastly press for the implementation of One Rank One Pension (OROP), top Ministry of Defence (MoD) sources have said that the main reason behind the delay is not funds, but the minuscule increase that jawans may get if OROP is implemented in its present form.
Sources said that the concern within the government is that the jawans may get an increase of just about “few hundred” rupees per month — a raise that may not justify the decade long OROP agitation
Tuesday, June 23, 2015
Kerala pay commission likely to boost salary 13%
The Kerala Pay Revision Commission is likely to recommend Rs 16,000 as the minimum salary and Rs 1 lakh as the maximum for state government employees. Salaries will go up 13 per cent when the dearness allowance of 80 per cent is merged into it. There was a 12 per cent increase in the previous pay revision.
The previous pay commission had recommended a minimum salary of Rs 8,500 and a maximum of Rs 59,840.
Bank strike scheduled on 24th June deferred
The five associate banks of the State Bank of India will function as usual on Wednesday, as the All-India Bank Employees’ Association (AIBEA) and State Sector Bank Employees’ Association (SSBEA) have deferred the proposed all-India bank strike to a later date.
Monday, June 22, 2015
Government warns employees to be punctual
"Instructions have been issued from time to time with regard to the need to observe
punctuality by Government servants. Responsibility for ensuring punctuality in respect of
their employees rests within Ministries/ Departments/ Offices."
"In this connection attention is invited to Rule 3(1)(ii) of CCS (Conduct) Rules, 1964 which stipulates that every Government servant shall at all times maintain devotion to duty. Habitual late attendance is viewed as conduct unbecoming of a Government servant and disciplinary action may be taken against such a Government servant. It is also added that punctuality in attendance is to be observed by Government servants at all levels."
Click here for the DOPT O.M. dated 22.06.15
"In this connection attention is invited to Rule 3(1)(ii) of CCS (Conduct) Rules, 1964 which stipulates that every Government servant shall at all times maintain devotion to duty. Habitual late attendance is viewed as conduct unbecoming of a Government servant and disciplinary action may be taken against such a Government servant. It is also added that punctuality in attendance is to be observed by Government servants at all levels."
Click here for the DOPT O.M. dated 22.06.15
Saturday, June 20, 2015
Bank Strike on 24th June 2015
All India Bank Employees’ Association (AIBEA) is planning to go on a strike on Wednesday, in support of the demands of State Sector Bank Employees’ Association and pertaining to the employees of the Associate Banks of State Bank of India (SBI).
C H Venkatachalam, general secretary, AIBEA stated in the two rounds of conciliation meeting this month, held by the chief labour commissioner (CLC) in New Delhi, the Union explained in detail the issues and demands involved.
C H Venkatachalam, general secretary, AIBEA stated in the two rounds of conciliation meeting this month, held by the chief labour commissioner (CLC) in New Delhi, the Union explained in detail the issues and demands involved.
Wednesday, June 17, 2015
Seventh Pay Commission : Meeting with service associations.
The final meeting with the 7th CPC was held on 9.6.2015. Following are the synopsis as available from different service association. It is ample clear from the discussion that nothing has been finalized regarding pay scale and viewers are requested not to consider any imaginary probable pay scale at least at this point of time.
Date of effect: The Chairman has made it clear that the Commission would recommend 1.1.2016 as the date of implementation of their recommendations. The Commission would finalise its report by end of August and would submit the same to the Government thereafter.
Date of effect: The Chairman has made it clear that the Commission would recommend 1.1.2016 as the date of implementation of their recommendations. The Commission would finalise its report by end of August and would submit the same to the Government thereafter.
Tuesday, June 16, 2015
Latest news on OROP
Update :
- PTI News :OROP scheme likely to be rolled out ahead of Bihar polls
- New Delhi, Jun 16 (PTI) The long-pending 'One Rank One Pension' (OROP) scheme for ex-servicemen is likely to be rolled out ahead of the Assembly polls in Bihar later this year, top government sources indicated today.
The government is working out the modalities for OROP and the announcement will be made by Prime Minister Narendra Modi, they said.
"It (OROP) is being worked out. We will need to have a separate category so that it cannot be legally challenged later on and nor do others stake claim. This would be separate from other government pensions," the sources said.
Asked when it will be rolled out, they indicated that the scheme is likely to be announced ahead of Bihar election if all modalities are worked out. - Click here for details
Monday, June 15, 2015
Kerala Pay Commission report to be submitted this month
Even as tenure of the State Pay Commission is drawing to a close on June 30, the Commission is keeping itself on its toes to submit the report in time. The date has not been finalised yet in view of the impending by-election in Aruvikkara.
Since the Commission, headed by Justice C.N. Ramachandran Nair, was unable to take decisions on certain crucial issues, the report carries only recommendations on pay scale and pension of the employees.
Wednesday, June 3, 2015
Assam govt announces seventh pay commission
The Assam government today announced to constitute the 7th Pay commission for the state.
"The Assam Government has decided to constitute the 7th Assam Pay and Productivity Pay Commission 2015," an official release said.
The Commission will submit its report as soon as practicable but preferably within 15 months from the date of its constitution, it added.
The release said the the Commission will look into principles that govern structure of emoluments and service conditions of state government employees.
"It would also examine existing amenities given to state government employees like age superannuation, medical benefits, daily allowance etc and such other concerned issues referred to it by the state government," it added.
Source : Business Standard
"The Assam Government has decided to constitute the 7th Assam Pay and Productivity Pay Commission 2015," an official release said.
The Commission will submit its report as soon as practicable but preferably within 15 months from the date of its constitution, it added.
The release said the the Commission will look into principles that govern structure of emoluments and service conditions of state government employees.
"It would also examine existing amenities given to state government employees like age superannuation, medical benefits, daily allowance etc and such other concerned issues referred to it by the state government," it added.
Source : Business Standard
Subscribe to:
Posts
(
Atom
)