Thursday, February 20, 2014

Central Goverment plans to merge DA with basic pay

2:39 PM Posted by Unknown , , 4 comments

 Central Goverment plans to merge DA with basic pay


Ahead of the Lok Sabha Elections 2014, the UPA government at the centre is planning to woo its central government employees and pensioners by merging DA with the basic pay.

According to the sources, the Union Cabinet may accept the proposal of merger of DA with basic salary as part of the terms of reference of the 7th pay commission. 

If accepted, the move will benefit around 50 lakh central government employees and 30 lakh pensioners in the country.

It is along pending demand of Central government employees unions that besides raising the DA 100 percent it should be merged with the basic pay. As per the rule, DA is merged with basic pay when it crosses the 50% mark. 

It will result in 30-35 per cent hike in salary if 50 percent DA is merged with the basic pay.

Earlier, the central government had constituted the 7th pay commission before the Model Code of Conduct comes into the force in view of Lok Sabha Elections 2014, scheduled to be held in April-May.

Monday, February 17, 2014

Proposal for raising Retirement Age to 62 waits for Cabinet Nod : Hot News

7:33 AM Posted by Unknown , , 1 comment
Proposal for raising Retirement Age to 62 waits for Cabinet Nod : Hot News

We have heard it so many times . Every one of us got tired of hearing this rumour again and again. But this time this news may not fade away just as a rumour.

Because the series of events that had happened until now listed below are telling that it will be come true soon.

1. Though there is no any demand from any corner to raise the retirement age of central government employees to 62 years, a parliamentary panel has recommended a proposal to increase the retirement age of government servants to 65 years. The report of the standing committee of Parliament on social justice and empowerment tabled in the Parliament on 7th of this month. Ample justification also was given for their recommendation to increase the retirement age.

2. A reliable source close to a Cabinet Minister told that, the Cabinet Minister himself, while addressing to the Trade Union Wing of his party told ‘the Central Government would announce some important decisions in respect of central government employees within a week or two. This will be good news for all the central government employees.’

3. A close ally of a Central Minister told that, in a meeting held with the leaders of the state unit of his party day before yesterday, the Minister told the Leaders ‘a proposal of increasing retirement age of central government employees to 62 years has been waiting for Cabinet nod. It is expected that the cabinet will clear this proposal within a week. After it gets the Cabinet Nod, the formal announcement will be made by Central Government before the Election announcement.’

The above information clearly indicates that some Good News for central Government Employees are waiting to be announced within a week or two. All the central government employees know what that good news is!

 The expected good news will be either increasing retirement age or Merging 50% DA with Basic Pay or Both!

Friday, February 7, 2014

7th Pay Commission Must Focus on Productivity, Work Ethics – The New Indian Express

12:48 PM Posted by Unknown , , 1 comment

7th Pay Commission Must Focus on Productivity, Work Ethics – The New Indian Express


The Manmohan Singh government’s announcement of a four-member Seventh Pay Commission for government employees headed by former Supreme Court judge Justice Ashok Kumar Mathur is clearly a sop for this huge vote bank on the eve of the next general elections. Considering that the sixth Pay Commission had been appointed in October 2006 the government could well have left it to the next government to appoint a new pay panel. The Eleventh Finance Commission had categorically said that pay commissions need not be set up routinely as their awards had a cascading effect on the finances of state governments. Evidently, however, the UPA wanted to earn some brownie points and thought it expedient not to leave it to the next government to set it up and walk away with the honours. It did not think a pay panel is a major drain on the exchequer. The commission is slated to submit its report in 19 months and recommendations will be effective from January 2016.

A key challenge before the commission would be to ensure that government salaries reflect productivity and performance within fiscal constraints. Implementation of the Sixth Pay Commission had increased salaries by 21 per cent resulting in an additional annual outgo of nearly `18,000 crore for the Union government, besides a payout of arrears of `30,000 crore. This had aggravated inflationary pressure on the economy. The seventh commission now has the unenviable task of addressing both the fiscal concern and the rising cost of living.

Besides the timing of the announcement of the Seventh Pay Commission being suspect it is of the same pattern as other liberal concessions to various sections of society on political grounds. The government should also introduce a hire and fire policy and pay its employees the best compensation like the private sector does. Having done that, it must sharpen the accountability in the government sector in contrast to the current pattern where there is too much security and lack of deterrent against indolence, sloth and lack of work ethics.

Source: http://www.newindianexpress.com

The Prime Minister has approved the composition of the 7th Central Pay Commission

12:41 PM Posted by Unknown , No comments

The Prime Minister has approved the composition of the 7th Central Pay Commission


Prime Minister Approves Composition of 7th Central Pay Commission Under the Chairmanship of Justice Shri.Ashok Kumar Mathur, Retired Judge of the Supreme Court and Retired Chairman, Armed Forces Tribunal

             It is really a happy news for all central government employees. The Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which shows the central government‘s commitment to its announcement made by Prime Minister on 25th September 2013. “The Prime Minister has approved the composition of the 7th Central Pay Commission,” the Finance Ministry said in a statement today. The pay structure of the 50 lakh central government employees will be revised after the report submitted by 7th pay commission with effect from 1.1.2016.   

The Commission has been mandated to submit its report in two years’ time and its recommendations would be implemented from January 1, 2016.

The 7th Pay Commission will review the Pay Structure of about 50 lakh central government employees, including those in defence , Postal and railways, and about 30 lakh pensioners

The Finance Minister Shri P. Chidambaram has issued the following statement:

The Prime Minister has approved the composition of the 7th Central Pay Commission as follows:

1.
Shri Justice Ashok Kumar Mathur
(Retired Judge of the Supreme Court and Retired Chairman, Armed Forces Tribunal)
Chairman
2.
Shri Vivek Rae
(Secretary, Petroleum & Natural Gas)
Member (Full Time)
3.
Dr. Rathin Roy
(Director, NIPFP)
Member (Part Time)
4.
Smt. Meena Agarwal
(OSD, Department of Expenditure
Ministry of Finance)”
Secretary

DA for Bank Employees increased to 99.90% from February 2014

12:39 PM Posted by Unknown , No comments

Indian Banks’ Association
HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/76/D/2013-14/8778

1st February, 2014

All Members of the Association
(Designated Officers)

Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2014 under IX BPS/Joint Note dt. 27.4.10 

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base1960-100) for the quarter ended December 2013 are as follows:
Oct 2013 – 5501.04
Nov 2013 – 5546.69
Dec 2013 – 5455.39
Consequently, dearness allowance to employees is payable for 666 slabs for the period February, March & April 2014 i.e. an increase of 25 slabs over the current level.
In terms of clause 7 of the 9th Bipartite Settlement dated 27.04.2010 and clause 3 of the Joint Note dated 27.04.2010, the rate of dearness allowance payable to workmen and officer employees for the months of February, March & April 2014 shall be 99.90% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.
We advise banks to pay the difference between the old and revised salary and allowances to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully,
K Unnikrishnan
Deputy Chief Executive

Tuesday, February 4, 2014

Dearness Allowance from January 2014 will be 100%

4:26 PM Posted by Unknown , No comments
Dearness Allowance from January 2014 will be 100%

              The rate of Dearness Allowance from January 2014 has been now confirmed by just released AICPIN for the month of December 2013. Labour bureau has released the All India Consumer Price Index Number for Industrial workers for the month of December 2013 in its website www.Labour bureau.nic.in to day. The AICPIN for the month of December is very much required to finalize the percentage of DA to be increased for central government employees from January 2014.

             The CPI for Industrial workers is the only factor to determine the additional installment of DA to be released with effect from 01.01.2014, so we need to know the 12 months average of AICPIN from January 2013 to December 2013 to calculate the percentage of Dearness Allowance to be paid from January 2014. Gservants, in its article published on 30th August 2013, told that the Percentage of DA to be paid from January 2014 will be from 100% to 102% . With 7 months CPI points it was estimated that there would be 10% to 12% Hike from existing rate of 90%. The AICPIN for the month of November 2013 has almost confirmed the above estimate that it will not be less than 100%. Now the December months AICPIN confirmed that the rate of DA to be released from January 2014 will be exactly 100%. Even though there is a decrease in 4 points the rate of DA is 100%. The following table shows how the dearness allowance  has reached 100% level.

DEARNESS ALLOWANCE FROM JANUARY 2014
Month
Base Year 2001    =100
Total of 12 Months
Twelve month Avarage
% of Increase Over  115.76 for DA
January 2013
221
2535
211.25
80.83
Febraury 2013
223
2559
213.25
82.49
March 2013
224
2582
215.17
84.22
April 2013
226
2603
216.92
85.88
May 2013
228
2625
218.75
87.39
June 2013
231
2648
220.67
88.97
July 2013
235
2671
222.58
90.62
August 2013
237
2694
224.50
92.28
September 2013
238
2717
226.42
93.94
October 2013
241
2741
228.42
97.32
November 2013
243
2766
230.5
99.11
December 2013
239
2786
232.166
100.55
source : gservants.com

7th Pay Commission under the chairmanship of Former Supreme Court Justice Shri.Ashok Kumar Mathur - Approved by Prime Minister

4:20 PM Posted by Unknown , , No comments

7th Pay Commission under the chairmanship of Former Supreme Court Justice Shri.Ashok Kumar Mathur - Approved by Prime Minister
        

 It is really a happy news for all central government employees. The Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which shows the central government‘s commitment to its announcement made by Prime Minister on 25th September 2013. "The Prime Minister has approved the composition of the 7th Central Pay Commission," the Finance Ministry said in a statement today. The pay structure of the 50 lakh central government employees will be revised after the report submitted by 7th pay commission with effect from 1.1.2016.  

        According to the press release issued by Finance Ministry, the Former Supreme Court Justice Shri.Ashok Kumar Mathur has been appointed as chairman of the Commission, and Shri.Vivek Rae, Secretary, Petroleum & Natural Gasas is appointed as a full time Member. 

     Dr.Rathin Roy (Director, NIPFP) will be part-time Member and Smt.Meena Agarwal (OSD, Department of Expenditure) has been appointed as Secretary to the commission

    The Commission has been mandated to submit its report in two years’ time and its recommendations would be implemented from January 1, 2016. 

The 7th Pay Commission will review the Pay Structure of about 50 lakh central government employees, including those in defence , Postal and railways, and about 30 lakh pensioners


Composition of the 7th Pay Commission 
1.
Shri Justice Ashok Kumar Mathur
(Retired Judge of the Supreme Court and Retired
Chairman, Armed Forces Tribunal)
Chairman
2.
Shri Vivek Rae
(Secretary, Petroleum & Natural Gas)
Member (Full Time)
3.
Dr. Rathin Roy
(Director, NIPFP)
Member (Part Time)
4.
Smt. Meena Agarwal
(OSD, Department of Expenditure,
Ministry of Finance)”
Secretary

Blog Archive