PAY BONANZA FOR EXECUTIVES OF CPSU The Government has approved the Ministry of Heavy Industry’s recommendation forpay revision of the executives of the Central Public Enterprises. The Minister of HeavyIndustry and Public Enterprises, Shri Santosh Mohan Dev highlighted a few important aspectsof this pay revision at a press conference in New Delhi . He said, “this was the best ever package given...
Saturday, November 22, 2008
NEW PENSION SCHEME-PFRDA
New Pension Scheme-FeaturesThe NPS is a new contributory pension scheme introduced by the Central Government for its own new employees. Under the new pension system, each new central government employee will open a personal retirement account on joining service. Every month, and till the employee retires or leaves government service, a part of the employee's salary will be transferred into this account....
CHILD CARE LEAVE -NEW TURN
CCL –Clarification-fear of staff shortageThe CCL, which is over and above the existing six-month maternity leave, will now be available only after the women employees exhaust their earned leave or EL.The CCL was announced two months ago on the recommendations of the Sixth Pay Commission to help women employees take better care of their children and family. But the more virtually backfired with several...
Thursday, November 20, 2008
BONANZA TO CPSU OFFICERS
50 to 300 percent increase in pay package In a bonanza to officers of Central Public Sector Undertakings, the government on Thursday announced a hefty 50 to 300 per cent increase in pay-packages with effect from January 1, 2007.A Cabinet meeting, chaired by Prime Minister Manmohan Singh, approved the new scales for 1,20,000 non-unionized supervisory staff and 2,58,000 board level officers in 216 operational...
PSU PAY REVISION- PRESS RELEASE
Pay Revision of Executives ( Board level Executives, below Board level Executives and Non-Unionized Supervisors) of Central Public Sector Enterprises (CPSEs) w.e.f. 1.1.200714:29 ISTThe Union Cabinet today gave its approval for accepting the recommendations of 2nd Pay Revision Committee (PRC) as a package with regard to Dearness Allowance, House Rent Allowance, Leased Accommodation, City Compensatory...
GOVT APPROVED PSU PAY REVISION
PSU PAY REVISION FROM JAN-2007The government has given its approval to increase pay for officers of central Public Sector Undertakings(PSUs) with effect from January 1, 2007. The decision, taken by the Cabinet at a meeting chaired by Prime Minister Manmohan Singh today, was based on recommendations given by the Second Pay Revision Committee. The package would include revision in dearness allowance...
CASUAL LEAVE - DOP&T ORDER
12 Days Casual leave for Disabled DOPT issued an order dated 19-11-2008 regarding 12 days casual leave for CG employees with disabilities(Sixth Central Pay Commission Recommendation - SpecialDispensation in the form of Special Casual Leave to CentralGovernment Employees with disabilities) The Sixth Central Pay Commission had recommended that the number of Casual Leave available for employees...
Wednesday, November 19, 2008
RETIREMENT AGE FOR CG EMPLOYEES
No change in RetirementAge The cabinet secretaryK. M. Chandrasekhar informed that there is no plans to revise the retirement age for Central Government employees. After the sixth pay commission implementation, employees were hoping for the rise in pension age, as doing so can reduce the burden of the additional payment to some extend. However the government decided other stopping all the rumours...
CHILD CARE LEAVE
Child Care Leave-another clarificationDOP&T issued a clarification dt 18-11-2008 regarding availing CCL. It is as follows;-Subject: Child Care Leave in respect of Central Government employees asa result of Sixth Central Pay Commission - clarification regarding –The order regarding introduction of Child Care leave (CCL) in respect of Central Government employees were issued vide this Department's...
Friday, November 14, 2008
HEALTH MINISTRY'S AFFIDAVIT ON 'POOR'
WHO IS POOR?-A Shocking statisticsThe sharp erosion in the value of money and the spiraling prices of essential items may have played havoc with people's lives making it difficult for them to maintain their living standards, but the government is stubbornly sticking to its definition of who is `poor'. In an astounding position before the Supreme Court the government has held that one has to earn...
Thursday, November 13, 2008
CHILD CARE LEAVE
Child Care Leave-clarificationDOP&T issued a clarification regarding child care leave. With reference to Para l(c) of this Department's O.M. of even number dated 11th September, 2008 according to which Child Care Leave can be granted to women employees having minor children below the age of 18 years, for a maximum period of 2 Years (i.e. 730 days) during their entire service, for taking care of...
CHILDREN EDUCATION ALLOWANCE
Children Education Allowance- ClarificationSubsequent to issue of DOP&T OM No. 12011/3/2008-Estt(Allowance) dated 2nd Sept, 2008 allowing Children Education Allowance / Hostel Subsidy, clarifications on certain points have been sought by Govt. servants / Ministries / Departments.The doubts raised by various authorities are clarified as under:1."Year" means academic year i.e. twelve months of complete...
Tuesday, November 11, 2008
PENSIONERS FEEL UNHAPPY
Qualifying Years for full pensionIts unfortunate for those who retired after1-1-2006 but before 1-9-2008; eventhough they completed 20 years of service , they cannot claim full pension.The OM dt.3rd Oct.2008 cites two clauses Viz.5.1.33 &6.5.3 and 5.2 & 5.3 of OM dt.2nd Sep.2008 are related to the persons retired after 1-1-2006 who do not have the required number of years and can not claim...
Monday, November 10, 2008
INCOMETAX EXEMPTION FOR GRATIUTY
Income exemption limit for gratuity Government has proposed to raise income exemption limit for gratuity funds to Rs 10 lakh from the present Rs 3.5 lakh for both government and private sector employees consequent on implementation of sixth pay commision report which fixed the maxium limit of gratuity that payable to Central Government employees at Rs.10 lakhs against the earlier limit of Rs....
Sunday, November 9, 2008
6CPC-ARMED FORCES PAY ANOMOLIES
New pay anomolies -Armed ForcesAs the Minister Mr.Pranab Mukherjee-led ministerial committee is grappling with armed forces’ pay-related grievances, the three Services have now taken a fresh controversy to A K Antony’s doors over “issues created” by Defence Ministry bureaucrats.The Defence Ministry’s special instructions on the 6th Central Pay Commission notification, the Services say, have “back-stabbed”...
PAY REVISION FOR PSU EMPLOYEES
Thanks to 6cpc-PSU EmployeesThe government has finally decided to revise the payscales of employees working in 69 public sector undertakings (PSUs) on the lines of the Sixth Pay Commission offered to central government staff.The benefit of pay revision will be allowed only to employees of those CPSUs that are not making losses and are in a position to absorb the additional expenditure from their own...
Saturday, November 8, 2008
MOTORCAR,SCOOTER ADVANCE
INTEREST BEARING ADVANCESThe implementation of the recommendations of the sixth central pay commission relating to interest bearing advances granted to central government employees.To purchase of motor car, motorcycle, scooter, moped and personal computer would continue to be in operation. The eligibility criteria will be as follows ;Eligibility CriteriaMotor Car (including Personal Computer)-Pay...
Friday, November 7, 2008
ACP ORDERS
GOODNEWS ACP orders are almost ready and will be issued by 15th November.BAD NEWSIt is worst than old ACP scheme. Orders are prepared on the line of Resolution dated 29.08.08. On ACP every one will get next higher grade pay in the hierarchy of Grade pay instead of hierarchy of po...
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