Central Government Employees News :: Seventh Pay Commission

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of April, 2010 All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of April, 2010 remained stationary at 170 (one hundred and seventy). During April, 2010, the index recorded an increase of 4 points in Bangalore centre, 3 points each in Tripura, Rourkela, Asansol, Labac Silchar, Howrah, Durgapur and Mariani Jorhat centres, 2 points in 18 centres and 1 point in 18 centres. The index decreased by 2 pointsin Coimbatore, Ludhiana and Puducherry centres and 1 point in 12 centres, while in the remaining 19 centres the index remained stationary. The maximum increase of 4 points in Banglore centre is mainly on account of increase in the prices of Goat Meat, Dairy Milk, Milk (Cow), Vegetable items, Snack Saltish, Cigarette, Saree (Synthetic), etc. The increase of 3 points each in Tripura, Rourkela, Asansol, Labac Silchar, Howrah, Durgapur and Mari...

The railway board granted payment of overtime Allowance in the revised 6CPC Pay scale with effect from 01-9-2008.Why the issue of revision of OverTime Allowance has not been considered in importent ministries like Defence,Postal etc.? The Railway board’s order of grant of Overtime Allowance is given below for the referance GOVERNMENT OF INDIA / MINISTRY OF RAILWAY (RAILWAY BOARD) S.No. PC-VI/189                                    RBE No. 29/2010 No. PC-V/2008/A/O/3(OTA)                 New Delhi, dated 17.02.2010 The General Managers All Indian Railways and Production Units. (as per mailing list) Sub: Grant of Overtime Allowance to Railway employees consequent upon revision of pay scales and allowances...

A budgetary estimate of Rs. 96 crore has been approved by the Central Board of Trustees, Employees’ Provident Fund (CBT, EPF) for the implementation of the first phase of the ‘Modernization Project’ of the Employees’ Provident Fund Organisation (EPFO) being implemented in collaboration with National Informatics Centre (NIC). The first phase of the ‘Modernization project’ has already been implemented in 28 offices of EPFO. It is planned to implement it in the remaining 92 offices of EPFO in the current financial year i.e. 2010-11.

As per the figures available from Labour Bureau, Government of India ( http://labourbureau.nic.in/indtab.html ) it can be assumed that 9% DA hike can be assumed from June 2010, provided the All India Consumer Price Index (AICPI) doesnt come down was was the case for Jan 2010. The DA from June 2010 can be 45%. This is calculated assuming that the All India Consumer Price Index (AICPI) remains unchanged at 170 During April to June, which are yet to be announced. These figures for January 2010 was 172 and came down to 170 during February and remained same at 170 for March. Month Year CPI Total for 12 months Average App. DA DA June 2009 153 1776 148.00 27.84 ...

No.61212008-Pay-1 Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training New Delhi the 61h May 201 0 OFFICE MEMORANDUM Subject:: Incentive increments to the sportspersons for outstanding sports achievements at National and International levels. Reference is invited to this Department's OM of even umber dated  6th Aguest 2008 and subsequent reminders dated 3rd October, 2008, 12 th December,2008, 3rd September,2009 22 nd October,2009 and on 181h December,2009 hereby it has been requested to furnish views regarding the quantum of lump-sum incentives to be granted to sportspersons who win a Gold, Silver or Bronze medal in the Nationalllnternational Tournaments. A copy of the OM dated 26Ih August, 2008 has been uploaded on the DOPT's website ie. http:www.persmin.nic.in 2. All the MinistrieslDepartments are again requested to expedite the matter and furnish their considered views by 31'' May 2010 failing which it will be...

Despite government initiatives, the NPS has not generated enough interest among the masses. What needs to be done to prop up this excellent scheme? Investors have not responded with much enthusiasm to the ‘Swavalamban’ initiative extended by the government under which it will contribute Rs1,000 per year (for a period of four years) to every New Pension Scheme (NPS) account opened this year with at least a matching contribution from the subscriber. Citizens in the non-government segment continue to abstain from investing in the NPS. The number of non-government subscribers to NPS registered as of 30 April 2010 has touched 5,532. Although the figure is more than double that of October 2009 when non-government subscribers were 2,321, the absolute numbers are still small. The total central government employees registered under the NPS have gone up to 6,09,376 from 5,38,276 in October last year. However, there has been a large increase in numbers from among the state government employe...

New Delhi: Government today informed Rajya Sabha that it is planning to give Prasar Bharati employees, who had joined the public broadcaster till October 5, 2007, the status of being on deemed deputation. Minister of State for Information and Broadcasting C M Jatua, in a written reply to a question, said, "government has proposed to amend Section 11 of Prasar Bharati Act based on recommendations of the GoM dated October 5, 2007 and September 26, 2008". Section 11 of Prasar Bharati Act recommends that the right of taking a decision whether they want to be government employees or public broadcaster's employees, should rest with the employees of Prasar Bharati. When Prasar Bharati was established as an autonomous corporation by an Act of Parliament, it was entrusted with the functions discharged by All India Radio and Doordarshan. Around 40,000 odd DD and AIR employees had joined it on deemed deputation, but were not getting any facilities meant for Central Govern...

          The sources close to the South Block told that the proposal approved by the Finance Ministry (Department of Expenditure) regarding granting Grade Pay Rs.4200 to MCM in Ministry of Defence, facing a surprising twist in its non ending long journey.          It has been told that all the three federations (AIDEF, INDWF, and BPMS) are opposing this proposal as it was not the same as they accepted in Fast Track Committee. Hence it is believed that the Defence Ministry now sent the file back to MOF for the approval of the proposal accepted in Fast Track Committee.            In the old proposal it has been recommended that there will be 4 Grade Structure, in which Skilled-45%, Highly Skilled II-20.5%, Highly Skilled I-20.5%

The Pension Fund Regulatory Development Authority (PFRDA) is likely to allocate Rs 4,100 crore in 2010-11 among the three pension managers, State Bank of India, UTI Mutual Fund and LIC Mutual Fund. Last year, the regulator had allocated Rs 3,700 crore. The corpus would mainly be the contribution of central and state government employees. At present, 25 states have signed up for the new pension scheme (NPS). The NPS’ board of trustees  decided to review the allocation formula. The allocations will be decided on the basis of the managers’ performance over the past year. According to PFRDA’s website, SBI’s pension fund had the highest net asset value (NAV) under central government schemes. As on April 23, SBI pension fund had an NAV of Rs 12.82 for central government employees, while UTI Retirement Solutions posted an NAV of Rs 12.38. LIC Pension Fund’s NAV was Rs 12.41. The final decision will be taken by the NPS’ board of trustees on Monday. Last year, SBI had got 40 per ...