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Showing posts from September, 2013

August CPI-IW up by 2 points, at 237. Jan 2014 DA to touch 100%

The Labour Bureau, Ministry of Labour & Employment, Government of India have released the All India CPI-IW index for the month of August 2014. The index rose by two points and stood at 237. On 1-month percentage change, it increased by 0.85 per cent between June and July compared with 0.94 per cent between the same two months a year ago. With this we have 8 of the 12 indices required for the DA ca.... read more...

Govt reiterates : No plans to hike retirement age

The government on Friday made it "very clear" that there is no plan to raise retirement age of Central government employees to 62 years from the existing 60.The minister of state for personnel V Narayanasamy told "At present, there is no thinking in the government for increasing the retirement age. That I would like to make it very clear," The remarks from the minister cane in the wake of media re.... read more...

Bonus for CGE : Order issued

Department of Expenditure, Ministry of Finance has issued the office memorandum for Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2012-13. The staff have been granted a Non-Productivity Linked Bonus (Ad-hoc Bonus) equivalent to 30 days emoluments for the accounting year 2012-13 for all Groups C’ and D and Group ‘B’ all non-gazetted employees in .... read more...

Railway : July'13 Dearness Allowance hike order issued

Payment of Dearness Allowance to Railway employees — Revised rates effective from 01.07.2013.    Please refer to this Ministry’s letter of even number dated 26.04.2013 (S.No PC-VI/315, RBE No.38/2013) on the subject mentioned above. The President is pleased to decide that the Dearness Allowance payable to Railway employees shall be enhanced from the existing rate of 80% to 90% with effect from 1st July, 2013.....Read order...

After 7th Pay Commn., retirement age likely to be hiked

After the announcement of the 7th Central Pay Commission, rumors of the retirement age hike is being heard again. The media speculates that the government may take a decision on hiking the retirement age for the central government employees to 62 may be taken in a couple of weeks time. Even though the government had made it clear that there was no such proposal, the same was the case with the pay .... read more...

Confederation issues press statement on 7th Central Pay Commission announcement

CONFEDERATION OF CENTRAL GOVERNMENT EMPLOYEES & WORKERS(Central Head Quarters)1st Floor, North Avenue Post office Building, New Delhi - 110001Dated – 25.09.2013PRESS STATEMENTCentral Government has announced the constitution of 7th Central Pay Commission. Confederation of Central Government Employees & Workers has been raising this demand before the Government right from 201.... read more...

Unions welcomes 7th Pay Commn, seeks retrospective effect from January 1, 2011, demands pay commn every 5 years

Trade union representing central government employees today welcomed the announcement to set up the 7th Pay Commission, but demanded that recommendation be implemented with retrospective effect from January 1, 2011.The government has announced constitution of the Seventh Pay Commission, which will look into the salaries, allowances and pensions of about 80 lakh of its employees and pensioners."We .... read more...

DA revision : Finance Ministry issues order

The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1(2)/2013-_E-Il {B} dated 25th April, 2013 on the subiect mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 80% to 90% with effect from  2013.

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Defence likely to have separate pay commission

The government is likely to accept the demands from the defence personnel for setting up a separate pay commission for the pay revision and benefits granted to the defence personnel only. Last year the three services chiefs had written to the Defence Minister AK Antony about the anomalies in the sixth pay commission. The Central government has agreed to delink the pay revision of defence personne.... read more...

7th Pay Commission for central govt employees announced

Its election bonanza for the central government employees. It was 10% DA last week And now the Prime Minister Dr. Manmohan Singh have today approved the constitution of the 7th Pay Commission, which is likely to impact at least 85 lakh central government employees and pensioners. It is one of the most important demand by the central government employees of India.The 7th Pay Commission is expe.... read more...

23rd SCOVA Agenda -ATR & gist of discussion

20.09.2013 MOS Sh V. Narayanasamy took the chair at 4.00 PM. Joint Secy. DOP &PW Welcomed the Minister, officersfrom different departments / Ministries & the SCOVA members. After JS welcome address introduction of members &officers started S.C. Maheshwari Genl. Secy. BPS while introducing himself pointed out to the Minister that while BPSwas thankful to the minister for increasing frequency of SCOVA meetings, organization will be grateful if...Read more...

Union cabinet approves dearness allowance to 90%

The union cabinet today approved the hike in the dearness allowance for the central government employees and the dearness relief for the pensioners. The hike will be 10% making the DA at 90% from the existing 80%. This is the first time that the DA hike is touching double digits in three years. The hike will have above 50 lakh central employees and 30 lakh pensioners receiving increased salary and.... read more...

महंगाई भत्ते में 10 फीसदी की वृद्धि

Austerity drive : No new jobs/posts, vehicles, restriction in in air travel etc.

The government have stepped in for an austerity drive for the government departments. Finance Ministry has ordered all ministries and departments not to buy new vehicles, create new jobs or fill posts lying vacant for over one year. The departments have been banned from holding meetings in 5-star hotels and officials barred from executive class air travel as part of a slew of austerity measures an.... read more...

SBI hikes interest rates

State Bank of India, the country's largest lender, today raised its home loan rates to 10.10 per cent from 9.95 per cent for all loans up to Rs. 30 lakh. For loans above Rs. 30 lakh, which was 10.10 per cent, were also revised to 10.30 per cent. ...

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Media Report : DA hike to be approved this Friday(20-09-2013).

As per the reports, the union government is set to approve the 10% hike in the Dearness Allowance for the central government employees during the cabinet meeting on 20th September, 2013. the move can be seen as a move to woo the salaried class, even though the DA hike is only a regular procedure. As per practice, the government uses CPI-IW data for past 12 months or a year to arrive at a number fo....
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Media Report : DA hike to be approved this Friday(20-09-2013).

As per the reports, the union government is set to approve the 10% hike in the Dearness Allowance for the central government employees during the cabinet meeting on 20th September, 2013. the move can be seen as a move to woo the salaried class, even though the DA hike is only a regular procedure. As per practice, the government uses CPI-IW data for past 12 months or a year to arrive at a number fo....
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APAR system for CGEs system to be revised

The Department of Personnel and Training (DoPT) is in a process of reviewing the Performance Appraisal (PAR) system for bureaucrats. It has asked for the views of other ministries on a new system which is derived from the model followed in Singapore. The DoPT has circulated the note to other ministries in this regard.... Read more...

National Pension Scheme returns hit by downturn

The passing of the Pension Bill by Parliament is good news for investors in the National Pension Scheme (NPS). But the news from the market is not very heartening. Despite the rebound in stocks, NPS funds have churned out losses in the past year. While the NAVs of the schemes may be higher than the September 2012 levels, the point-to-point returns hide the true picture....Read more...

Modi addresses ex-servicemen; to demand Whitepaper on on One Rank, One Pension

Narendra Modi, BJP's prime ministerial candidate today addressed a massive ex-servicemen's rally at Rewari in Haryana on Sunday. Former Army chief Gen V K Singh also shared the dias with Modi. This was the Modi's first rally after his anointment as the BJP's prime ministerial candidate. The address was attended by a crowd exceeding 1.5 lakh including many ex-servicemen....
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SCOVA meeting on Set 20th. - Agenda

As details of family members eligible for family pension in the event of the death of the pensioner, joint photograph with the spouse and the amount of family pension payable in the event of death of the pensioner are available under Part II of the Pension Payment Order issued by the Pay and Accounts Officer or other designated authority...
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Eligibility of widowed/divorced daughters for family pension

Department of Pension & Pensioners' Welfare, Ministry of Personnel, P.G. & Pensions has issued an office memorandum stating that the family pension is payable to the children as they are considered to be dependent on the Government servant/pensioner or his/her spouse. A child who is not earning equal to or more than the sum of minimum family pension and dearness relief thereon is considered to be dependent on his/her parents. Similarly, family pension to a widowed/divorced daughter is payable provided she fulfils all eligibility conditions at the time of death/ineligibility of her parents and on the date her turn to receive family pension comes....
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DA merger among four main resolutions passed by INTUC at 30th Plenary Session

The 30th Plenary Session of Indian National Trade Union Congress INTUC  is being held in Raipur from 6-9-2013 to 9-9-2013 is concluded today. There are 4 Resolutions which are considered to be very important are adopted in this Conference.One of the four main resolution is Merger of 50% DA with Pay for central government employees...Read more...

New series for CPI-IW with base 2013-14=100

Labour Bureau has proposed to revise the base year of the existing CPI-IW series 2001=100 to a more recent base year preferably, 2013-2014=100. The CPI-IW series on scientific lines was first introduced with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 at 50 industrially important centres. ...
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Identification of Pensioners Associations under the Pensioners' Portal

A Mission Mode Project Pensioners' Portal, under NeGP entrusted to Department of P&PW aims at the welfare of Central Civil Pensioners across the country. Its specific objective is to facilitate redressal of Pensioners grievances and provide detailed information, guidance etc. on pension and other retirement related matters through various stake holders. The project envisages inter-alia association of registered Pensioners Associations of Central Government Employees and other welfare organizations in the implementation process.... Read more...

PF deposits likely to receive 8.5% interest for FY 2013-14

The EPFO is likely to finalise the interest rates for the provident fund returns at 8.5% for the financial year 2013-14.  This leaves the rates unchanged from the last year.The EPFO estimates suggest that the interest rate of 8.5 per cent can leave some surplus for the body."In all likelihood, the interest rate on PF deposits for this fiscal will be fixed at 8.5 per cent," a source said.The s.... read more...
The government is planning to restrict the government employees using Google's Gmail for official communication. The move comes in wake of Edward Snowden leaked information about the US spying under the program PRISM...
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Fixation of pay under restructuring of cadre of Artisan Staff in Def. Establishment

While implementing the order of restructuring of Cadre of Artisan staff as issued vide MOD letter nos .l11(5)/2009-D(Civ-I) dated 14/06/2010 and 01/12/2010, various Br. Accounts Offices have referred several doubts on exercising option, for clarifications. The views of this office against the doubts raised by the Br.A.Os are given below for compliance...
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Media reports : Govt to announce DA hike this month itself

Media reports suggest that the Dearness Allowance hike may be announced this month itself. According to official source, dearness allowance hike will be 10 percent and would be effective from July 1, this year. Sources added that since the revised estimate for the month of June is available, the Finance Ministry would soon prepare a proposal for the purpose for seeking Union Cabinet nod.They furth....
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CPI-IW : July'13 up by 4 points, at 235. January 2014 DA likely to cross 100%

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and stands at 235. The largest upward pressure to the change in current index came from Food group contributing 1.99 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Milk, Onions, Chillies Green, Potato, Tomato &a....read more...