Friday, November 30, 2012

AICPIN data for October 2012 released

Central D.A. is certainly heading towards at least 8% from Jaunary 2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2012
The All-India CPI-IW for October, 2012 rose by 2 points and pegged at 217 (two hundred and seventeen).

On 1-month percentage change, it increased by 0.93 per cent between September and October compared with 0.51 per cent between the same two months a year ago.
View Central D.A. prediction

The next index of CPI-IW for the month of November, 2012 will be released on Monday, December 31, 2012

Govt considering raising cap on subsidised LPG cylinders

New Delhi, Nov 30 (PTI) Government is considering raising cap on supply of subsidised LPG cylinders and a decision will be taken in the "next few days", Petroleum and Natural Gas Minister M Veerappa Moily said in the Lok Sabha today."We are considering it (giving more than six subsidised cylinders) and need a few days time," he said during Question Hour.

Wednesday, November 28, 2012

Govt. implements SC verdict on defence pay anomaly

In compliance of the Supreme Court order dated 4.9.2012 and in conformity with the Kerala High Court order dated 5.10.1998, Ministry of Defence, Govt. of India has accorded it's sanction to implement the same. It has issued order on 26.11.2012 to implement the same. The order is reproduced here.

Tuesday, November 27, 2012

Tripura raises its employees' DA, 42% now from December'12

Barely months ahead of the crucial assembly polls in the lone Left?ruled state, the Tripura government Tuesday announced seven percent increased dearness allowance (DA) for its 209,000 employees and pension holders.
"Despite our severe financial crisis, the government has released seven more percent DA for the employees and pensioners," Finance Minister Badal Chowdhury told reporters.

Wednesday, November 21, 2012

Update on Supreme Court verdict on Army Pay anomaly

Update on 27.11.2012 : Govt. issued implementation order.
Click here to know more
The office of the Defence Pay Accounts is yet to receive any order from Govt.regarding implementation of the Supreme Court decision. But they asked some details from the retired armymen to enable the office to settle their arrears.
Click here to view the Update

Kasab hanged to death

Mumbai attack gunman Ajmal Kasab hanged
Nearly four years after the Mumbai terror attack, Ajmal Kasab, the sole surviving Pakistani gunman, was hanged to death at the Yerawada central prison here this morning in an operation shrouded in secrecy. 25-year old Kasab was hanged at 7.30 am, Maharashtra Home Minister R R Patil said in Mumbai shortly after the hanging.
Source : PTI

Saturday, November 17, 2012

West Bengal miser on D.A., generous on holiday

Sectional holiday on 19th November 2012 in West Bengal
The West Bengal Govt though unable to hike the long awaited Dearness Allowance to it's employees while most other states have done so, the state Govt. is found kind enough to grant holidays to it's staff. Starting from declaring additional holidays in birth and death anniversaries of eminent persons, extra holiday in festive season (just to maintain the continuity of holidays) and now grants Sectional Holiday in "Chhat Puja".
In a notification dated 14th November 2012 it declares "Sectional Holiday for the non-bengaleese who actually performs the puja traditionally and employed in state Govt. offices, local bodies...."
Unlike the other closed holidays, Govt. offices in the state will remain open on 19th November 2012.
Click here to view the notification
WB employees likely to get D.A. from January 2013

Kerala hikes D.A. for employees and pensioners from July 2012

Kerala hiked Dearness Allowance to employees and Pensioners with effect from 01.07.2012 @7% for employees in the revised scale taking the total to 45%and @12% for employees in the pre revised scale, taking the total at 142% of basic.
               and      GO(P) No 214 - 2012 Dtd. 08.11.2012


Thursday, November 15, 2012

Punjab issues order of 7% D.A. hike from July 2012

The much awaited D.A. notification is finally published. With this  the total D.A. with effect from 1st July 2012 stands to 72% of Basic pay, at par with Central Govt.
Click to Download the Order

WB to recruit over 40000 Primary Teacher, Forms available from 15th Nov

View the list of Bank Branches for availability of Form
West Bengal Govt. to appoint more than 40,000 primary teachers throughout the state. Appointment notification has been published earlier in the month of October but application forms will be made available from tomorrow, 16.11.2012. The list of bank branches from where it will be available and to be submitted has been notified in the main regional newspapers of today (15.11.2012) including Anandabazar Patrika and The Telegraph. The form costs Rs 100 ( Rs 25 for SC/ST).
Click here for list of Bank Branches
View the Original Appointment notification and district wise vacancies in the following link.
Click here to view the Notification 

Wednesday, November 14, 2012

BSNL signs MOU with Union Bank & Indian Bank to provide loan to staff

BSNL management recently signed MOU with Union Bank and Indian Bank to provide Housing Loan , Educational loan etc. for it's staff members. The terms and conditions, interest rate, repayment schedule, everything can be viewed by clicking the links provided below.
The links provided are with courtesy from BSNL Employees Union's site.
Loan Agreement with Union Bank
Loan Agreement with Indian Bank 

Monday, November 12, 2012

Andhra Pradesh employees get Dearness Allowance from July 2012

Andhra Pradesh hikes 6% D.A. Order Issued
Released Order for Pensioners also
Update : Today Govt. has issued order effecting the same vide Order No. MS /297/Dated 14.11.2012 in the "Others" Category of Finance Dept. but due to some technical errors, the order could not be downloaded right now. We are providing the search page so that it may be downloaded later.
Download the Order from here
If you still have some problem to download the order from the above link, you may download it from the link below.
Download The Order
Download Dearness Relief Order for Pensioners

Hyderabad, Nov 12 (PTI) In a Diwali bonanza to its about 12 lakh employees, the Andhra Pradesh government tonight increased their Dearness Allowance (DA) by 5.99 per cent with effect from July 1 this year.Chief Minister N Kiran Kumar Reddy has approved the DA increase this evening, an official release said.
The existing DA is 41.94 per cent and now it goes up to 47.93 per cent after the hike. 


Punjab increases dearness allowance from July 2012

Punjab hikes 7% Dearness Allowance
The Punjab Govt. has enhanced the rate of dearness allowance (DA) payable to the state government employees/pensioners from 65 per cent to 72 per cent of the revised basic pay with effect from July 1, 2012. 

Central employees on nationwide strike on 12.12.12

Confederation News : One day strike on 12th December, 2012 – charter of demands
The Confederation of Central Government employees and workers in its last National Council meeting decided to call upon its members to organise a day’s strike on 12th December, 2012 in  pursuance of a 15 point charter of demands, which include inter alia setting  up of the 7th CPC for wage revision, withdrawal of PFRDA Bill and extension of the defined benefit pension scheme to all Central Government employees  irrespective of date of their entry into Government service, removal of conditions imposed on compassionate appointments’, stopping outsourcing  contractorisation, five promotions in the service career as is provided to the organised group A services , merger of DA with pay, acceptance and implementation of arbitration awards, revival of the JCM functioning etc. .

Saturday, November 10, 2012

IBA extends pension option for "VRS Retirees"

Second Pension Option for VRS Retirees from Nationalised Banks.
Finally IBA has extended 2nd option to bankers who reired voluntarily from service. This option will be available to those who had taken Voluntary Retirement from the Bank's service on or after 29.6.1995 in case of nationalised Banks / 26.3.1996 in case of Associate Banks of SBI.
View the IBA Circular
Click Here to view the corrigendum released on 10.12.12

Friday, November 9, 2012

Maharashtra hikes D.A. Issues Order


Maharashtra hikes D.A. with effect from Nov'12
Employees and pensioners to be benifited.
State government has finally decided to increase the dearness allowance of state government employees by 7%. Finance Minister Jayant Patil announced this on Wednesday.


Great news for Kingfisher employees, due salary may be paid soon.

Kingfisher employees may rejoice, pending salary and wages likely to be cleared.
Vijay Mallya sells a 54.3 per cent stake in United Spirits to the Diageo group for $2 billion. A joint announcement is to be made after the stock markets close today. 
Hopefully all the dues of Kingfisher employees will be settled now.  


Thursday, November 8, 2012

Tamilnadu issues order for festival advance hike

As informed earlier in this blog, Tamilnadu has issued order enhancing the limit of festival allowance from Rs 2000 to Rs 5000 for Govt. employees and employees of PSU and statutory bodies.
Govt. has also issued an order regarding cash incentive to employees who rendered 25 years of service. The amount of incentive has been hiked to Rs 2000 and the amount to be disbursed in cash, instead of NSC.
Download the Festival Allowance Order for state employees
Download the Festival Allowance Order for PSU/Statutory body employees
Download the Order for Cash Incentive

Wednesday, November 7, 2012

Tamilnadu announces 20% bonus to PSU employees

Tamil Nadu Chief Minister J Jayalalithaa today announced a 20 per cent bonus to employees of public-sector undertakings, including electricity board, and to the Transport Corporation, costing over Rss. 185 crore to the exchequer.

Barrack Obama gets re elected as US President

LIVE - Barack Obama re-elected as US President
Obama elated after winning US polls, thanks supporters
As soon as he won a second term in the White House, Barack Obama tweeted on Wednesday, “Four more years”.
“We're all in this together. That's how we campaigned, and that's who we are. Thank you”, Obama tweeted minutes after he defeated his Republican rival Mitt Romney in a neck-and-neck race.
"Four more years," he said in another tweet. 
Source : Zee News

Tuesday, November 6, 2012

Air India employees to get salary soon

Due salary and wages to come soon
AI employees to get Sept, Oct salaries before diwali.
 The salaries of Air India employees for September and October this year would be disbursed before Diwali (November 13) and productivity-linked incentive (PLI) for two months by the month-end at a total cost of almost Rs 500 crore.Air India has decided to clear payment of salary to all its employees for the months of September and October 2012 before Diwali.
Source : PTI
Click here to view PIB Press Release about this.

Bank bipartite : Negotiation begins

Latest Banking News
The bugle for the 10th bipartite banking sector wage agreement has been sounded, with five employee unions giving charters of demands for wage revision and service conditions to the Indian Banks’ Association (IBA) last week.
An official with IBA confirmed the initial interaction of the union representatives. The officers’ union would follow suit. IBA would have to secure the mandate of each bank to negotiate on their behalf. For this, banks would have to secure approvals from their boards of directors.

Monday, November 5, 2012

7% hike in DA for UP govt employees

Ahead of festive season, Uttar Pradesh government has approved a hike of seven per cent in dearness allowance to its employees on the lines of their counterparts in Central government. State government employees, staff of aided educational and technical institutes, local bodies and UGC 
payscale would get 72% DA in place of 65% with effect from July 1, a spokesperson said.

Sunday, November 4, 2012

Xth BPS : Highlights of demands for Bank Officers

Recent Banking News
Following article has been published by the popular site for Bankers, allbankingsolution, For the benefit of our viewers and to reach the maximum number of bankers, we reproduce the same with due acknowledgements to the owners.
Highlights of the Charter of Demands

(a)   The Charter of Demands has been broadly divided into Six Parts  - (1)  Salary Revision and allowances;  (2) Perquisities, Allowances, welfare facilities;  (3) Issues relating to lady officers; (4) Superannuation benefits including those to be extended to retirees; (5) Non Monetary issues like working hours, 5 days week etc; (6) General Bilateral Relationship

Xth BPS : Highlights of demands by workmen of Banks

Following is published in the popular site of allbankingsolutions . We acknowledge the source and re publish it for the interest of our viewers.
A combined Charter of Demands for Workmen staff  was submitted on behalf of AIBEA, NCBE, BEFI, INBEF, NOBO  on 30th October 2012 to IBA. 
Highlights of the Charter of Demands

Saturday, November 3, 2012

Madhya Pradesh announces 7% Dearness Allowance

As expected, M.P has announced 7% D.A.

In a bonanza, second time within three months, ahead of Diwali festival the government announced 7% dearness allowances (DA) for the state employees.
The last impressive increment came less than three months ago on the occasion of Independence Day when the travel and other perks of the employees were hiked.
The Chief Minister said the dearness allowance announced on Thursday will also be given to pensioners, teachers and panchayat workers.

Friday, November 2, 2012

Tamilnadu increases festival advance

 Festival advance for state government employees has been increased from Rs. 2,000 to Rs 5,000, Chief Minister Jayalalithaa told the Assembly on Thursday.

Ex-servicemen status for retd paramilitary troops

In the run up to Himachal Pradesh assembly and an eye on 2014 parliamentary polls, the government has decided to extend ex-servicemen benefits to retired central paramilitary personnel. The move will please 17 lakh serving and retired personnel from the forces, who were treated like any other government employee. 

Thursday, November 1, 2012

IBA issued circular for D.A. increase for Nov,Dec'12 and Jan'13

As confirmed by labour bureau, the ACPIN(IW) for the month of September [Base Year 1960=100] 4907.56, consequently D.A. to employees payable for the period Nov, Dec 2012 and Jan 2013 is 510 slabs, an increase of 42 slabs over the current level.
Download IBA circular

7% D.A. likely to be hiked for Madhya Pradesh


There might be a good news in store for the state government employees. If reports are to be believed, CM may announce a 7 percent dearness allowance (DA) for the government staff. Besides, there are speculations about fixing the 5500 pay scale and ministerial allowance for the employees.
All formalities in this regard have been completed in the finance department. The move by the state government would bring the employees at par with the central government at an overall 72 percent DA.
Likewise, the employees falling under the 4000 payscale, could now be provided the 5500 revised pay scale which is in accordance with the sixth pay commission.   
Source : Daily Bhaskar

Central employees may get 8% D.A. from January 2013

Update on 31.12.12 : Possibility of 8% D.A.
 AICPIN of October'12 increased by 1 points and stood at 218. Only the Dec'12 figure is needed for actual calculation of Central D.A. from 1.1.2013. If the number increases by 4 points, then only there will be a 9% D.A. As the chances are remote, it is predicted that Central D.A. is going to be hiked by 8% from the new year.

Andhra Pradesh employees to get 6% D.A.

In what could be sweet news for about 10 lakh state government employees and 5.5 lakh pensioners, the government has agreed for 6 per cent hike in dearness allowance for them with effect from July. 

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