Punjab Govt withdraws LTC facility for one year

Chandigarh, Aug 31 (PTI) With Punjab reeling under financial crisis, the state government has temporarily withdrawn leave travel concession (LTC) facility for its employees for one year as part of its austerity measures.
The facility has been withdrawn with effect from tomorrow, officials said.
The decision would not be applicable on the employees going to retire during this period.

Presently, the state government is facing a debt to the tune of around Rs 75,000 crore.

AICPIN for July 2012 - 4 point increased

Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2012

The All-India CPI-IW rose by 4 points and pegged at 212 (two hundred and twelve). On 1-month percentage change, it increased by 1.92 per cent between June and July compared with 2.12 per cent between the same two months a year ago.  The largest upward contributions to the change in current index came from food prices which rose by 2.38 per cent, contributing 2.44 percentage points to the total change. The largest upward pressure came from Rice, Arhar Dal, Green-chilly, Onion, vegetables, mainly Potato and Tomato, and Sugar. This was, however, partially offset by downward contributions from French Bean, Brinjal, and Poultry (Chicken). House rent which increased by 2.96 per cent, contributed 1.05 percentage points to the overall change. The change was reported during the 21st round of Repeat House Rent Survey conducted from January to June, 2012 to capture the change in expenditure incurred on rent by industrial workers. The increase in the current round was mainly on account of annual increment awarded to the salaried persons under centre/state sphere as well as the rise in rent reported from private dwellings. The largest downward contributions to the change in current index came from Transport and Communication with a decline of 0.99 per cent, contributing 0.09 percentage points to the total change. The main downward pressure came from Petrol as an effect of fall in price notified w.e.f. July 24, 2012. The year-on-year inflation measured by monthly CPI-IW stood at 9.84 per cent for July, 2012 (over July, 2011) as compared to 10.05 per cent for the previous month and 8.43 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.27 per cent against 10.45 per cent of the previous month and 6.25 per cent during the corresponding month of the previous year. At centre level, largest increase of 18 points has been recorded in Durgapur followed by Ranchi-Hatia (10 points), Vijaywada and Jabalpur (9 points each), Goa and Faridabad (8 points each), Bhilai (7 points) and Hubli-Dharwar, H.P., Tiruchirapally and Delhi (6 points each). Among others, 18 centres have recorded rise of 5 points followed by 4 points in 15 centres, 3 points in 13 centres, 2 points in another 13 centres and 1 point in 4 centres. Howrah was the only centre which reported decline in index of 1 point. Rest of 3 centre’s indices remained stationary. There are in all 26 centres whose indices are at par or above All-India Index and rest of 52 centres have indices lower than national average.

Update on Kendriya Vidyalaya : 5 days week

Comments of KVS : The proposal for introduction 5 days week on KVs was discussed in KVS Academic Advisory Committee in detail. The Committee did not approve the proposal, keeping in view the Right to Education Act-2009 which stipulates additional working hours for the teachers. As such five days week was not found suitable at this moment.

Decision /Recommendation : In view of implementation of RTE 2009 is The not possible at present. However, the matter regarding working hours is already sub-judice. The President AIKVTA informed that there are so many other institutions who are observing 05 days week. The Chairperson, JCM directed him to submit the details with supporting documents of such institutions who are imparting the school education, observing 05 days week as in the matter of teaching staff.

Source  :  Gconnect

Air India Abolishes Productivity Linked Incentives (PLI)

In view of the acceptance of the Justice Dharmadhikari Committee Report on pay and wage rationalization of Air India by the Union Civil Aviation Minister Shri Ajit Singh, it has been decided to discontinue payment of Productivity Linked Incentives (PLI) to the employees of Air India w.e.f.1st July, 2012. From 1st July, 2012 onward, employees of Air India shall be paid salary and allowances as per the Department of Public Enterprises (DPE) guidelines.

Kendriya Vidyalayas likely to introduce five days' week

Over a million Kendriya Vidyalaya students across the country could soon enjoy an extended weekend as authorities are mulling over cutting their working days and making schooling a five-day affair.