Monday, September 30, 2013

Likely increase of Bank D.A. for Nov'13,Dec'13, Jan'14

48 SLABS INCREASE IN DA CAN BE  EXPECTED FOR BANK WORKMEN/OFFICERS W.E.F.Nov 13 to Jan'14
Click Here for Final Calculation as on 31.10.13
                       Labour Bureau,Ministry of Labour & Employment,Govt.of India has released the All India Consumer Price Index(IW)Base 2001=100 for the month of August’13 today which stood at 237   point with an increase of 2 points compared to July figure

PSU IDA to increase 6.6% from October 2013

Consumer Price Index for June 2013                        231 points
Consumer Price Index for July 2013                         235 points
Consumer Price Index for August 2013                    237 points

Average for the three months                                    234.33 points
Merged points as on 1-1-2007                                     126.33
Increase over  126.33 points                                       234.33 - 126.33 = 108

Percentage of increase on 126.33        108/126.33 x 100  =   85.49

Consumer Price Index Numbers for Industrial Workers - CPI(IW) for Aug 2013

Labour Bureau released Consumer Price Index Number for Industrial Workers [CPI(IW)] for the month of August 2013. The number rose up by two points and reached 237.

Sunday, September 29, 2013

Chhattisgarh announced 10 % Dearness Allowance

Bringing a major respite from rising cost of living, Chief Minister Raman Singh on Saturday announced a hike of 10 per cent in the Dearness Allowance (DA) for State Government employees.

Saturday, September 28, 2013

Govt. dampens hope of retirement age hike

  • No plan to raise retirement age to 62 yrs: Govt
New Delhi, Sept 27 (PTI) The government today made it "very clear" that there is no plan to raise retirement age of Central government employees to 62 years from the existing 60."At present, there is no thinking in the government for increasing the retirement age. That I would like to make it very clear," Minister of State for Personnel V Narayanasamy told reporters here during a press conference.

Friday, September 27, 2013

Central Govt. employees to get 30 days' adhoc bonus

Order issued for 30 days' adhoc bonus for the F.Y. 2012-13 for central Govt. employees. All non gazetted employees of central Govt. will get 30 days emolument as Non Productivity Linked Bonus subject to a ceiling of Rs 3500 per month. The amount will come to Rs 3454. The amount remains same as earlier years.
Click here to download the order

Likely PSU IDA from October 2013

The IDA increase for PSU employees from October 2013 may be predicted as 6.9% or more, calculated on the basis of current trend of inflation.
It may kindly be considered as a prediction only.

Thursday, September 26, 2013

Separate commission for army or include army representative in it ?

The Indian Air Force (IAF) Chief and Chairman of the Chiefs of Staff Committee (CoSC), that comprises the three service chiefs, Air Chief Marshal N.A.K. Browne, has written to defence minister A.K. Antony asking for full representation for the armed forces in the Seventh Central Pay Commission amid indications that the armed forces may not be in favour of a separate pay commission for themselves.

Madhya Pradesh increases DA of state government employees

The BJP government of poll-bound Madhya Pradesh on Thursday announced a hike of 10 per cent in dearness allowance (DA). 
The decision comes as a bonanza for a large number of employees and pensioners ahead of the festive season. 

After 7th CPC, will there be another bonanza of retirement age hike ?

Media Report :

The award of the seventh pay commission will be implemented from the beginning of 2016 and will benefit nearly 3 million pensioners. But since state governments generally match central wages, the actual beneficiary list stands at over 11 million employees and pensioners.

CNBC TV18 learns that the proposal to extend the retirement age of central government employees by two years has received fresh impetus. A decision on this could be taken within a week or two, and would be the second major populist decision by the UPA to woo the urban middle class and the powerful government employee mass in Indian society.

Read more at: http://www.moneycontrol.com/news/business/7th-pay-panel-formed-retirement-age-may-go62-yrs_956487.html?utm_source=ref_article

Wednesday, September 25, 2013

Seventh Pay Commission for central staff announced

Flash ! Flash !! Flash !!!
News just came in that Govt. announced seventh pay commission for central Govt. employees just now.
Source : PTI
(This prediction was made in this blog 6 months ago. Click here to view the post of 23rd April 2013)
FM: Prime Minister Approves the Constitution of Seventh Central Pay Commission; Recommendations are Likely to be implemented with effect from 1st January, 2016 



The Finance Minister Shri P.Chidambaram in a statement said here today that the Prime Minister has approved the constitution of the Seventh Central Pay Commission.
            The fourth, fifth and sixth Central Pay Commissions’ recommendations were implemented as follows:

4th CPC                       1.1.1986
5th CPC                       1.1.1996
6th CPC                       1.1.2006

            The average time taken by a Pay Commission to submit its recommendations has been about two years.  Accordingly, allowing about two years for the 7th CPC to submit its report, the recommendations are likely to be implemented with effect from 1.1.2016.

            The names of the Chairperson and members as well as the terms of reference (ToR) of the 7th Pay Commission will be finalised and announced shortly after consultation with major stakeholders.

Central D.A. @10% from 01.07.13 : Order Issued

Ministry of Finance issued order for payment of 10% D.A. for Central Govt. employees with effect from 01.07.2013. With this hike, total D.A. will be 90% of pay from July 2013
Download the Order

Tuesday, September 24, 2013

Banks to remain open on 25th Sep, strike called off

Banks will function normally as a section of public sector bank employees who had threatened to go on strike on Wednesday have deferred it following assurance from the government that there is no plan for merger of banks at present.

Saturday, September 21, 2013

Assam to hike 10% D.A.

Following the decision to hike dearness allowance (DA) by 10 per cent for central government employees, the Assam government today said it will also increase it to 90 per cent from existing 80 per cent for its staff.

Rajasthan hikes 10% D.A. for employees and pensioners

Rajasthan Govt. increased D.A. for it's employees and pensioners @10%, taking the total D.A./D.R. to 90% with effect from 01.07.2013.
Central Govt. has announced the increase of D.A. for it's employees yesterday and Rajasthan became the first to follow suit. It took less than 24 hours to issue order in this effect.
Click here for D.A. order for employees
Click here for D.A. order for Work Charged employees
Click here for Dearness Relief Order for pensioners

Friday, September 20, 2013

Unions defer Coal India strike

Unions say they want more time to discuss contentious issues with government
In a relief to Coal India (CIL), workers' unions today decided to defer a three-day strike scheduled from 23rd of this month, until December following a four--hour meeting with the company management.

Cabinet approves 10% D.A.. hike from July'13 for Central employees and pensioners

The government today approved a proposal to hike dearness allowance to 90 per cent from existing 80 per cent, a move that would benefit about 50 lakh central government employees and 30 lakh pensioners.
Click here to view PIB Press Release

Thursday, September 19, 2013

Central Govt. is on austerity measure, cuts expenditure

Ministry of finance is again on austerity exercise. In an office memorandum issued on 18.09.2013, Ministry of Finance asked all departments to cut 10% in non plan expenditure, restrict seminar and conferences, banned purchase of vehicles, minimize expenditure on foreign and domestic travel of officers, banned creation of new posts etc. 
View the detailed Office Memorandum

Wednesday, September 18, 2013

Cabinet to approve 10% D.A. for central staff and pensioners on Friday

Update on 20.09.13 : Cabinet approved D.A. hike.
Click here for details
Cabinet meeting is scheduled at 09.45 A.M. on 20/09/2013

Ahead of the festive season, the UPA government is set to hike the dearness allowance (DA) of its employees by 10%, a move that will benefit almost 8 million people by boosting their purchasing power.  

The Union cabinet will consider a proposal on the raising the allowance, which is a proportion of basic pay, at its meeting on Friday, the 20th September'13.

Sunday, September 15, 2013

Dress code for Karnataka employees

Update : Five days after it issued a circular laying out a dress code for its employees, the Karnataka government on Monday withdrew the September 12 notice and issued a revised one that did not specify what they should wear.

Friday, September 13, 2013

Capital punishment to all convicts in Delhi gang rape case

New Delhi, Sep 13 (PTI) Four convicts in the December 16 gangrape-cum-murder case were today awarded death penalty by a Delhi court which said the gravity of the offence cannot be tolerated.

"Death to all," Additional Sessions Judge Yogesh Khanna said while delivering the verdict in the case that had evoked nationwide outrage and led the government to bring in a stringent anti-rape law.

"Besides discussing others offences, I straightaway come to section 302 (murder) of IPC.

Banks open this Sunday(15.09) to collect Income Tax

Banks open this Saturday, Sunday to collect quarterly advance tax
Banks authorized to collect advance tax payments will function full day this coming Saturday besides being open on Sunday.
"All designated branches of authorized banks have been asked to function on 14th and 15th September, 2013 (Saturday & Sunday) to accept advance tax payments,"finance ministry said in a statement on Thursday.

Thursday, September 12, 2013

7% D.A. for Manipur employees cleared

The Manipur state cabinet has approved to implement a 7 percent increase in Dearness Allowance/Dearness Relief of Government employees, with effect from October 1.

Bank Strike on 25th September 2013

BEFI and AIBEA, two trade unions of Bank employees called for one days' all India strike on 25th September against the proposed reforms in the banking sector.
The issues and demands are :

STOP BANKING SECTOR REFORMS
STOP MERGER AND CONSOLIDATION OF BANKS
DO NOT CLOSE DOWN ASSOCIATE BANKS
DE-LINK ASSOCIATE BANKS AND MAKE THEM INDEPENDENT BANKS
STOP BANKING LICENCES TO CORPORATES AND BUSINESS HOUSES

Cabinet may approve 10% D.A. today

Update : No announcement of D.A. hike after today's cabinet meeting. Central employees and pensioners have to wait a little more.
As per information available with us, cabinet may consider and approve 10% D.A. for central employees and pensioners with effect from 01.07.2013 today. With this possible hike, total D.A. payable will reach 90% of basic pay. Meanwhile, all trade unions are mounting pressure on the Govt. to merge 50% of Dearness Allowance with basic pay even there is no recommendation of merger in the sixth pay commission report. The unions threatened to resort to strike if the demand is not fulfilled. Will the Govt. succumb to this pressure in the election year ? That is the million dollar question.

Wednesday, September 11, 2013

Punjab employees to get timely salary

Delay in salary due to delay in submission of bills: Punjab government

Under fire over delay in payment of salary of its employees,Punjab Govt. today said this might due to late submission of salary bills. 

It said salary amounting to Rs 200 crore has been cleared while the remaining bills of Rs 50-100 crore will also be cleared soon. 

Karnataka revised HRA for employees

The Hon’ble Chief Minister in the Budget Speech 2013-14 has announced the Government’s decision to re-classify the Urban and Rural areas in the State as A, B & C categories for the purpose of House Rent Allowance and to revise the rate of House Rent Allowance.
The revised rate will be effective from 1st October 2013

Labour Bureau forms committee to Update Base Year for inflation index

New Index to be formulated with Base Year 2013-14 

     (CPI-IW)  2013-14=100

Background of CPI-IW series:

Monday, September 9, 2013

CBEC Cadre Review Update : ACRs of Supdt.s to be updated

Dept. of HRD, CBEC has insturcted all CCITs to get the ACR/APARs of Supdt.s  to be updated within 15.09.13 to get ready for issuing promotion order at the earliest in view of the ongoing restructure process which is like to be approved by the Govt. shortly.
A list of 3430 Supdt., who are in the consideration zone for promotion has been annexed with the letter issued on 30.08.13. Other relevant documents needed for DPC is also to be made ready.
View the letter and list of officers

Sunday, September 8, 2013

Central Govt. employees in Kerala to get advance salary for Onam festival

Following is the extract from order issued by Dept. of Expenditure, Ministry of Finance :
"In view of the 'ONAM festival, the Government have decided that the salary of all Central Government employees in the State of Kerala for the month of September, 2013 may be drawn and disbursed by the Central Government offices (including Defence, Posts & Telecommunications) on 13th September, 2013.

Friday, September 6, 2013

J & K employees to observe 3 days' strike

Alleging that Jammu & Kashmir government is "backtracking" on its promise made to Employees Joint Action Committee (EJAC), the outfit has given a call for a three-day strike and today appealed government employees to make it a "grand success". 

"We appeal employees fraternity to observe the strike from September 9. Government is backtracking from its September 15, 2011 agreement," EJAC president S Kulwant Singh told reporters here (Jammu). 

Thursday, September 5, 2013

Kerala announced Onam bonus

The State government has announced increased bonus and festival allowance to all its employees in connection with the Onam festivities falling in the middle of this month.
Those getting a monthly salary of up to Rs.14,500 will get an ‘ad hoc’ bonus of Rs.3,500 (increased from last year’s Rs.3,200). Those ineligible because of the upper salary ceiling will get a festival allowance of Rs.2,200 (Rs.2,000 last year).

Wednesday, September 4, 2013

Pension Bill passed in Loksabha

Lok Sabha Passes Pension Fund Regulatory and Development Authority Bill, 2011 with official amendments;
Subscribers Seeking Minimum Assured Returns Allowed to OPT for Investing their Funds in such Scheme Providing Minimum Assured Returns 

Monday, September 2, 2013

Central employees to stage "Walk OUT" against pension bill

Update on 03.09.2013 : Pension Bill (PFRDA Bill) presented in Loksabha today. Central employees will stage walk out tomorrow (04.09.2013) as per the earlier call. The Walk out will start at 3 PM for two hours.
Update at 15.15 hours : Parliament again adjourned for full day on 2.9.13. PFRDA bill could not be placed.
Earlier News : Following is the call of Confedearation of Central Govt. Employees.

Pension Bill is listed on Item No. 2 of today's (2/9/13) agenda item. Perhaps it will be taken up today in the late hours as Loksabha is adjourned till 2 P.M. If the news of consideration of the bill is recieved late today, the walk out programme will be conducted tomorrow (3/9/13) at 3.30 P.M.. This information is recieved through confederation website. 

Centre to hike D.A. this month

Ahead of the festive season, the Central government will this month announce a hike in dearness allowance (DA) to 90% from the existing 80%, benefiting nearly 50 lakh central employees and 30 lakh pensioners, according to official sources.
According to officials privy to the developments, the DA hike will be 10% and effective from July 1, this year.

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