Date further extended for submission of Life Certificate for Central Pensioners

 The last date of submission of Life Certificate for Central Govt. Pensioners has been extended further ,upto 28th February 2021.

Central offices to run with bare minimum staff

 As a preventive measure to contain spread of Covid 19, Central offices to function with bare minimum staff upto 30th November or until further orders.

Officers at the level of Under Secretary and equivalent to attend office on every alternative day and and only skeletal staff below the above rank to be called to office.

The O.M.dated 11.11.2020 is reproduced below.

Diwali bonanza! Bank employees to get 15% salary hike for 2017-22

 In a big boost to over 8 lakh employees in the public, private and foreign banking sector, the Indian Banks' Association has officially signed the 11th Bipartite Settlement under which these employees would get around 15 per cent wage hike for the period starting 2017-22. The bank unions had demanded a 20 per cent hike, while IBA had initially offered a 12.25 per cent hike for the employees. After a series of discussions, the final annual hike of 15 per cent was announced.

The current hike in salaries would lead to an increase of about Rs 7,898 crore in the wage bill of the banking industry. The memorandum regarding the hike in salaries was signed between banks and several banking unions over three months back in July.

The ceiling on pension has also been removed. As per the new agreements, the family of the deceased bank employee would now get Rs 30,000 as pension compared to Rs 11,000 earlier.

The new proposals also list out giving out annual performance-linked incentives to the bank employees, depending on their bank's performance. This PLI scheme will be applicable over and above the salary.

As per the new guidelines, employees of the banks making 15 per cent annual operating profit will get 15 days' worth salary. Similarly, employees of the banks making an operating profit of 10-15 per cent would get 10 days' worth payment.

Gujarat govt announces release of dearness allowance and Diwali bonus

 Gujarat Government has announced the release of dearness allowance and Diwali bonus to its employees. This was announced by the Deputy Chief Minister Nitin Patel in Gandhinagar last evening. He said that payment of 464 crore rupees pending arrears on account of dearness allowance of three-months period will be released before Diwali. More than five lakh Government employees and over four and half lakh pensioners will get the pending dearness allowance. 

Mr. Patel said that out of total six months pending arrears of dearness allowance, the government has decided to release payment of Rs. 464 crore for three months period ahead of Diwali. He also announced Diwali bonus of upto 3500 rupees  for about 31000 group D government employees ahead of Diwali. The payable amount will be  deposited directly in the bank accounts of the employees. Mr. Patel said that most of the economic activities in the state have resumed and that GST, VAT and other revenues have  improved.