Tuesday, December 31, 2013

Likely PSU IDA increase from January 2014

It is learnt that PSU employees to get 5% more D.A. with effect from 01.01.2014. Thus total IDA payable from 01.01.2014 will be 90.5% (85.5% + 5%).

Likely Bank D.A. from February 2014

Update on 31.01.2014 : Only 25 slabs increase. Click here for details
34 SLABS INCREASE IN BANK STAFF  DA EXPECTED  W.E.F Feb’14
                       .           The All India Consumer Price Index Numbers (IW) Base 2001=100 for the month of  November'13 ,is released  by Labour Bureau,Ministry of Labour and Employement,GOI today which stood at 243 points with 2 point increase compared to Oct'13 figure.
                                Based on confirmed figures of past two months and anticipating 1 point increase in Dec 13 figure the average index for the quarter may be as follows:

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

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243(two hundred and forty three).
View the Press Release

Saturday, December 28, 2013

Bank unions threaten indefinite strike from February

Bank employees’ unions have threatened to go on indefinite strike from February if the Indian Banks Association does not improve upon its 5-per cent wage revision offer it had proposed in talks with the United Forum of Bank Unions, a collective of nine major bank-employee unions.

Wednesday, December 25, 2013

No proposal for "Parent Care Leave" : No respite for fathers !

Central has no proposal to introduce 'Parents Care Leave' on line of 'Child Care Leave'..!

In Rajya Sabha the Minister of Personnel, Public Grivances and Pensions Shri.V.Narayanasamy said in written reply to a question that there is no proposal to provide for Parent Care Leave on the lines of Child Care Leave (CCL). 
"The Government has no proposal to provide for Parent Care Leave on the lines of Child Care Leave (CCL). CCL is allowed to female Central Government employees with a specific purpose of improving participation of more females in Government service. The Central Government employees are already entitled to various kinds of leave which can be availed for appropriate purposes".

Monday, December 23, 2013

Bank strike on 20 & 21st January 2014

UFBU in its meeting held on23rd December 2013 at Hyderabad congratulates all the employees & officers for success of strike on 18th December 2013 and  calls for 48 hours strike on 20th, 21st Jan 14 (20th 6am to 22nd 6am) to expedite Wage Revision & to oppose Banking  Sector Reforms

News Courtesy :  Mr Mohan P. 

Download D.A. Order for West Bengal Employees from 01.01.14

West Bengal has issued notification for enhancement of Dearness Allowance with effect from 01.01.2014.
Download the order
Download the order for employees in pre revised scale

Thursday, December 19, 2013

Cabinet proposal soon to constitute 7th Pay Commission

The central government is likely to constitute the 7th Pay Commission for revising the salaries of its over 50 lakh employees before the start of process of next General elections due in May, 2014. 

"The Finance Ministry is working out a Cabinet proposal for constitution of the 7th Pay Commission which could be taken up for consideration in the next couple of weeks," a source said. 

According to information available, the government's intention to constitute 7th Pay Commission before going for polls is clear as it has made provision of Rs 3.5 crore in the second supplementary demands for grants in this regard which was approved by Parliament in the just concluded Winter Session. 

CBEC cadre restructure : Details of additional posts notified

The CBEC vide F.No.A.11019/08/2013-AD -IV dated 18.12.2013 has issued notification for approval of  creation of total numbers 18067 posts.
 As regards Group-A posts the break up is furnished below.

 PrCC-14
CC-38
PC-53
Com-45
ADC/JC-339
DC-200
AC-300
Temp AC-2118.
Para 3 of the notification provides that all regular posts will be filled up as
per RRs(50% for direct, 50% for promotee).
Para 4 of the notification provides that temporary posts will be filled up
 by promotion from feeder carders on the basis of prescribed ratio.
The promotion against these temporary vacancies shall not entail
further promotion to any level beyond JTS.(That means temporary
 promotees  will have to be regularised against regular posts and
 thereafter will be entitled for further promotion).
Pending notification of revised RRs, the newly created posts will
 be filled up on the basis of extant guidelines of RRs issued by DOPT. 

Click her for the Notification

Monday, December 16, 2013

Meeting with Chief Labour Com. failed, Bank Strike on 18th as scheduled

Operations at public sector banks are likely to be hit on December 18 as trade unions have decided to go on day-long strike to press for wage revision and other demands.
The conciliation meeting before the Chief Labour Commissioner between the unions and IBA has failed to find an amicable solution, United Forum of Bank Unions (UFBU) convener C H Venkatachalam told PTI.

Sunday, December 15, 2013

Bank wage talk fails, strike on 18th Dec to follow

It is learnt that a meeting with IBA regarding bipartite settlement failed on 14.12.13 in Mumbai. IBA made some initial offers (unconfirmed sources say that it was 5% increases on corpus) which was not felt satisfactory by the leaders. UFBU decided to go ahead with all India strike on 18.12.2013 as declared earlier.
Reconciliation meeting with labour commissioner is scheduled on 16th Dec. 

Wednesday, December 11, 2013

Pay Commission for Kerala employees

Kerala sets up 10th pay revision panel

The State government has notified terms of reference for the 10th pay revision commission headed by Justice (Retd) C.N. Ramachandran Nair.
The Commission will study and make recommendations on revising pay and allowances and other benefits of employees, including teaching and non-teaching staff of aided educational institutions and local bodies.

Haryana announces interim relief for 1.1.2014

The Haryana Cabinet yesterday approved a slew of incentives for various sections of the society, including women, employees and policemen.

A state cabinet meeting, presided over by Chief Minister Bhupinder Singh Hooda, here today approved 50 per cent concession in fee payable by women candidates to encourage them to join government jobs, an official spokesman said. 

The meeting also approved Rs 2,000 per month as Interim Relief to Class III and IV employees. The relief would be paid from January, 2014 and would be payable till the implementation of the recommendation of the 7th Pay Commission set up by the Centre recently, he said. 

The Haryana government adopts the recommendations of the Central pay commission. The Cabinet also approved Risk Allowance for police personnel of the ranks of constable to Inspector. The Risk Allowance of Rs 5,000 per month to each policemen would be paid from January, 2014, in addition to the Interim Relief payable to Class III and IV employees. 

The Class III employees of the Prison Department would also get the Risk Allowance, the spokesman said. 

Source : Business Standard

Tuesday, December 10, 2013

7th Pay Commission : Procedure initiated

As per the reply in Loksabha by Minister of State, Finance on 6th of this month, Govt. has initiated process to constitute seventh CPC. It is working with the composition, terms of reference and time frame. As per our sources, Supreme Court Justice G.C. Singhbhi who is going to retire on 12th Dec may be appointed the Chairman of the commission while Mr R.S. Gujral formar secretary, expenditure may be the member secretary.

Sunday, December 8, 2013

BJP sweeps in state elections, Aam Admi Party shines in Delhi

Flash : BJP is going to form Govt. in Delhi also.
BJP is all set to win in the state legislative election. Counting begins in all states except Mizoram, where it will be started from tomorrow. As  per the current trend BJP is going to form Govt. in Rajasthan, Chhattisgarh and M.P. Aam Admi Party led by Mr Kejriwal is leading in 25 seats in Delhi and fighting neck to neck with BJP (leading in 35 seats). Delhi Chief Minister Sheila Dixit has resigned.
Click here to visit the trend (On Real Time Basis)

Friday, December 6, 2013

Key features of CBEC cadre review as cleared by cabinet

The long awaited CBEC Cadre Restructring Proposal has been approved by Cabinet on 5th December 2013. Central Board of Excise and Customs, an arm of Finance Ministry that implements Indirect Tax Laws for collection of Central Excise Duty , Customs Duty and Service Tax in the country. With this CBEC Cadre Restructuring approval, the present total posts of 66608 will be augmented with additional 18067 posts.

Andhra employees may not get any interim relief

In a big disappointment for nearly 12 lakh government employees and pensioners in the state, the Govt. has reportedly decided not to grant interim relief to them ahead of the tenth pay commission submitting its recommendations.

While the APNGOs had pleaded for 50 per cent of basic pay as interim relief, all other employee associations had sought 45 per cent interim relief of the proposed salary increase. However, according to sources, the finance department told the government that it is 'near impossible' to provide relief which works out to around Rs 12,500 crore.

Thursday, December 5, 2013

Cabinet approved CBEC cadre review

Union cabinet finally approved cadre review of CBEC. The cabinet today approved additional posts as cleared by the committee of secretaries. 
View salient points of cadre review

Wednesday, December 4, 2013

Expected IDA Increase From January 2014 for PSU Employees

The Expected IDA w.e.f. 01-January-2014 may be increased by 4.5% to 5.8% i.e upto from 90.0% to 91.3% depends upon the Average All India Consumer Price Index Number (Industrial Worker) of the months September-2013, October-2013 & November-2013.
The  AICPI of the months Sep'13, Oct'13 &Nov'13 will be declared on 31-October-2013 & 29-November-13 &31-December-2013 respectively. The  AICPI of the months Sep'13 & Oct'13 are 238 & 241 as it is declared on 31-October-2013 & 29-November-2013 respectively. Even if there is no increase in AICPI , there will be IDA Increase by 4.5%. The actual IDA will be declared on 31-December-2013.


AICPI of Sep'13: 238
AICPI of Oct'13: 241

Top 10 Projections:


S.N.
Expected CPI
of Nov'13
Avg. CPI
Projected
Projected
IDA (%)
Projected
IDA Increase (%)
1
240
239.67
89.7
4.2
2
241
240.00
90.0
4.5
3
242
240.33
90.2
4.7
4
243
240.67
90.5
5.0
5
244
241.00
90.8
5.3
6
245
241.33
91.0
5.5
7
246
241.67
91.3
5.8
8
247
242.00
91.6
6.1
9
248
242.33
91.8
6.3
10
249
242.67
92.1
6.6

Sunday, December 1, 2013

ALL INDIA BANK STRIKE PREPONED TO 18th DECEMBER'13 INSTEAD OF 19th

Bank Unions -  UFBU -  in its meeting held on 20th November at Chennai decided to call for one day strike action demanding:
1. Early Wage Revision &
 2. To Stop Banking Reforms

                               It is learnt that the date of one day All India Strike on the call of UFBU has now been preponed to 18th December instead of 19th December

News provided by Mr Mohan P.

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