Sunday, August 9, 2015

Delay in Implementation of OROP: Government Reply in Rajaya Sabha

11:51 PM Posted by Unknown No comments

Delay in Implementation of OROP: Government Reply in Rajaya Sabha


The policy of ‘One Rank One Pension (OROP)’ for the Armed Forces has been adopted by the Government to address the pension disparities. The modalities for implementation were discussed with various stakeholders and are presently under consideration of the Government. It will be implemented once the modalities are approved by the Government.

This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Vivek Gupta in Rajya Sabha on 04.08.2015.

pib

Linkage of Aadhaar with various employees’ system.

Linkage of Aadhaar with various employees’ system.


No. Z-20025/9/2014-Estt.(Allowance)
Government of India
Ministry of Personnel, Public Grievances & Pension
Department of Personnel & Training

Block IV, Old JNU Campus,

New Delhi, August 5, 2015.

Office Memorandum

Subject: Linkage of Aadhaar with various employees’ system.

The undersigned is directed to refer to this Department’s Office Memorandum of even number dated May 20, 2015 on the subject mentioned above wherein all Ministries/Departments were requested to ensure that the service books of all employees have an entry of the employees’ Aadhaar number and sought compliance report. The information from most of the Ministries/Departments has not yet been received by this Department so far.7th Pay commission Pay Calculator based on NCJCM Proposal and Expected Fitment formula

2. All Ministries/Departments of the Government of India are once again requested to intimate the action taken in this regard and also furnish consolidated information in respect of the Ministry/Department as a whole, including attached and subordinate offices, to this Department latest by 14th August, 2015.

(Mukul Ratra)
Director

Source: www.persmin.gov.in

7th pay commission report will be delayed by one Month : NCJCM Staff Side

11:46 PM Posted by Unknown , No comments

7th pay commission report will be delayed by one Month : NCJCM Staff Side

National Council JCM Staff Side

No. NC/JCM/VII(CPC)

Dated: August 7, 2015

All Constituents Organizations,
National Councii(JCM)(Staff Side)

Dear Comrades,

Sub: Brief of the meeting held today with the VII CPC

Today morning I met the Chairman, Seventh Central Pay Commission, Shri Ashok Kumar Mathur and Secretary, Mrs. Meena Agarwal.

It was assumed that the report of the VII CPC, as was promised for 28th August this year, may be delayed by one month.

I have impressed upon him once again for improvement in the service conditions of all the Central Government Employees working in different sectors with special emphasis in the matter of fixation of Minimum Wage and other benefits.

This is for your information.

Comradely yours,
(Shiva Gopal Mishra)
Secretary Staff Side
NC/JCM

Source: NCJCM Staff Side

Saturday, August 8, 2015

Economic Analyst Expect 15 to 40 Percent hike likely to be recommended by 7th pay commission

6:46 PM Posted by Unknown , , No comments

Economic Analyst Expect 15 to 40 Percent hike likely to be recommended by 7th pay commission


Due to the co-relation between Pay Commissions and economic growth, many analysts are eagerly awaiting the 7th Pay Commission report

Bank of America estimates the salary raise to be at 15%, Religare puts it at 28 to 30%. Credit Suisse expects a salary hike of 40%

Pay Commissions, which are regularly constituted to review salaries of Central government employees, give a fillip to the Indian economy, according to analysts.

The sixth Pay Commission partly offset the after-effects of the 2008 Lehman crisis on India because of the 35% increase recommended.

The implementation of the hike boosted two-wheeler and car sales and increased demand in the cement sector, according to global brokerage firm Bank of America Merrill Lynch.

Pay packages of government employees rose by an average of 35% as per the recommendations of 6th Pay Commission. They also received arrears of more than 30 months due to delay in the implementation.

“The arrears resulted in robust demand for consumer discretionary products that resulted in sustained stock performance over 3-5 years,” Jai Shankar, chief India economist of Religare, told NDTV Profit.

Due to this co-relation between Pay Commissions and economic growth, many analysts are eagerly awaiting the 7th Pay Commission report.

The 7th Pay Commission was appointed in February last year by the outgoing Congress-led UPA government, is likely to submit its recommendations by August-end or latest by October. The recommendations are likely to be implemented by the Central government next year.

About 50 lakh central government employees (including 15 lakh defence personnel) and more than one crore state and local government employees will gain from the recommendations to be made by 7th Pay Commission, according to Religare.

Besides, it will also result in an upward revision of pension for about 30 lakh retired Central government employees.

While there is no consensus on the amount of salary hike likely to be recommended by the 7th Pay Commission, analyst expects it to be in the range of 15 to 40%.

While Bank of America estimates the salary raise to be at 15%, Religare puts it at 28 to 30%. Credit Suisse expects a salary hike of 40%.

Economists see the 7th Pay Commission as improving the economic activity in the country by increasing consumption.

“The most important factor is economic activity itself which is gaining pace and, together with greater employment generation and policy reform, the 7th Pay Commission salary hike may help India enter a larger virtuous cycle,” said Religare.

“A 15 per cent salary increase would push up the central government’s salary bill by Rs 25,000 crore (or $4 billion), which is 0.2 per cent of India’s GDP. This will help in a consumption-driven recovery in the domestic economy,” said Indranil Sen Gupta of Bank of America Merrill Lynch.

Source: ibtimes

Grant of Transport Allowance to Central Government employees - FINMIN ORDER

Grant of Transport Allowance to Central Government employees


No. 21(2)/2015-E.II (B)
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 6th August,2015

OFFICE MEMORANDUM

Subject:- Grant of Transport Allowance to Central Government employees.

Reference is invited to Ministry of Finance, Department of Expenditure O.M. No.21(2)/2008-E.II(B) dated 29th August 2008 regarding grant of Transport Allowance to Central Government employees, consequent upon implementation of the recommendations of the Sixth Central Pay Commission (6th CPC).


2. The Government has since considered the re-classification of cities/towns/localities as per Census-2011 (population criteria) for the purpose of Transport Allowance. Accordingly, the President is pleased to decide the revised classification of cities, towns and localities, for the purpose of grant of Transport Allowance at higher rates to Central Government employees, as per Annexure-1.

Therefore, the table below Para ‘1’ of O.M. dated 29.08.2008 stands partially modified as under :-





The revised classification of cities/towns/localities for the purpose of grant of Transport Allowance shall take effect from 1st April, 2015.

4. The orders will apply to all civilian employees of the Central Government. The orders will also be applicable to the civilian employees paid from the Defence Services Estimates. In respect of Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and the Ministry of Railways, respectively.

5. All other conditions mentioned in Department of Expenditure O.M. No.21(2)/2008-E.II(B) dated 29.08.2008 shall remained unchanged.

6. In so far as the persons working in the Indian Audit and Accounts Department are concerned, this Order issues in consultation with the Comptroller and Auditor General of India.


Blog Archive