Sunday, April 13, 2014
Thursday, April 10, 2014
Monday, March 31, 2014
Saturday, March 29, 2014
Thursday, March 27, 2014
Friday, February 28, 2014
Release of additional installment of dearness allowance to Central Government employees and dearness relief to Pensioners, due from 1.1.2014
The
Union Cabinet today approved the proposal to release an additional
installment of Dearness Allowance (DA) to Central Government employees
and Dearness Relief (DR) to pensioners with effect from 01.01.2014, in
cash, but not before the disbursement of the salary for the month of
March 2014 at the rate of 10 percent increase over the existing rate of
90 percent.
Hence, Central Government employees as well as pensioners are entitled for DA/DR at the rate of 100 percent of the basic with effect from 01.01.2014. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission.
The combined impact on the exchequer on account of both dearness allowance and dearness relief would be Rs. 11074.80 crore per annum and Rs. 12920.60 crore in the financial year 2014-15 ( i.e. for a period of 14 months from January 2014 to February 2015).
Hence, Central Government employees as well as pensioners are entitled for DA/DR at the rate of 100 percent of the basic with effect from 01.01.2014. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission.
The combined impact on the exchequer on account of both dearness allowance and dearness relief would be Rs. 11074.80 crore per annum and Rs. 12920.60 crore in the financial year 2014-15 ( i.e. for a period of 14 months from January 2014 to February 2015).
7th Central Pay Commission
The
Union Cabinet today gave its approval to the Terms of Reference of 7th
Central Pay Commission (CPC) as follows:-
a) To
examine, review, evolve and recommend changes that are desirable and feasible
regarding the principles that should govern the emoluments structure including
pay, allowances and other facilities/benefits, in cash or kind, having regard
to rationalization and simplification therein as well as the specialized needs
of various Departments, agencies and services, in respect of the following
categories of employees:-
- Central Government employees-industrial and non-industrial
- Personnel belonging to the All India Services;
- Personnel of the Union Territories;
- Officers and employees of the Indian Audit and Accounts Department;
- Members of regulatory bodies (excluding the Reserve Bank of India) set up under Acts of Parliament; and
- Officers and employees of the Supreme Court.
b) To
examine, review, evolve and recommend changes that are desirable and feasible
regarding principles that should govern the emoluments structure, concessions
and facilities/benefits, in cash or kind, as well as retirement benefits of
personnel belonging to the Defence Forces, having regard to historical and
traditional parities, with due emphasis on aspects unique to these personnel.
c) To
work out the framework for an emoluments structure linked with the need to
attract the most suitable talent to Government service, promote efficiency,
accountability and responsibility in the work culture, and foster excellence in
the public governance system to respond to complex challenges of modern
administration and rapid political, social, economic and technological changes,
with due regard to expectations of stakeholders, and to recommend appropriate
training and capacity building through a competency based framework.
d) To
examine the existing schemes of payment of bonus, keeping in view, among other
things, its bearing upon performance and productivity and make recommendations
on the general principles, financial parameters and conditions for an
appropriate incentive scheme to reward excellence in productivity, performance
and integrity.
e) To
review the variety of existing allowances presently available to employees
in addition to pay and suggest their rationalization and simplification, with a
view to ensuring that the pay structure is so designed as to take these into
account.
f) To
examine the principles which should govern the structure of pension and other
retirement benefits, including revision of pension in the case of employees who
have retired prior to the date of effect of these recommendations, keeping in
view that retirement benefits of all Central Government employees appointed on
and after 01.01.2004 are covered by the New Pension Scheme (NPS).
g) To
make recommendations on the above, keeping in view:
- the economic conditions in the country and need for fiscal prudence
- the need to ensure that adequate resources are available for developmental expenditures and welfare measures;
- the likely impact of the recommendations on the finances of the State Governments, which usually adopt the recommendations with some modifications;
- the prevailing emolument structure and retirement benefits available to employees of Central Public Sector Undertakings; and
- the best global practices and their adaptability and relevance in Indian conditions.
- To recommend the date of effect of its recommendations on all the above.
The Commission will
make its recommendations within 18 months of the date of its constitution. It
may consider, if necessary, sending interim reports on any of the matters as
and when the recommendations are finalised.
The decision will
result in the benefit of improved pay and allowances as well as rationalization
of the pay structure in case of Central Government employees and other
employees included in the scope of the 7th Central Pay Commission.
Background
Central Pay Commissions
are periodically constituted to go into various issues of emoluments’
structure, retirement benefits and other service conditions of Central
Government employees and to make recommendations on the changes required.
Monday, February 24, 2014
Thursday, February 6, 2014
Friday, January 31, 2014
Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2013 declined by 4 points and stood at 239 resulted increase in DA due 10% from January 2014
According to a press release issued by the Labour Bureau, Ministry of
Labour & Employment the All-India CPI-IW for December, 2013 declined
by 4 points and pegged at 239(two hundred and thirty nine). On 1-month
percentage change, it decreased by 1.65 per cent between November and
December compared with the rise of 0.46 per cent between the same two
months a year ago.
The largest downward pressure to the change in current index came from Food group contributing -4.96 percentage points to the total change. At item level, Onion, Ginger, Chillies Green, Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs, Hen, Poultry, Milk, Pure Ghee, Garlic, Firewood, ESI Contribution, etc. putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 9.13 per cent for December, 2013, as compared to 11.47 per cent for the previous month and 11.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.49 per cent against 16.17 per cent of the previous month and 13.53 per cent during the corresponding month of the previous year.
At centre level, Giridih recorded the highest decline of 12 points each followed by Ahmedabad, Chhindwara, Varanasi, Munger, Jamalpur, Nagpur and Bhavnagar (10 points each).Jamshedpur (09 points), Rourkela, Ludhiana, Tripura and Angul Talcher (08 points each) Among others, 7 points decrease was registered in 9 centres, 6 points in 8 centres, 5 points in 11 centres, 4 points in 8 centres, 3 points in 7 centres, 2 points in 9 centres and 1 point in 7 centres. On the contrary, Sholapur centre reported an increase of 4 points followed by Puducherry (2 points), Coimbatore and Srinagar centres 1 point each. Rest of the 3 centres’ indices remained stationary.
The indices of 37 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Varanasi and Vijaywada centre remained at par with all-India index.
The next index of CPI-IW for the month of January, 2014 will be released on Friday, 28 February, 2014. The same will also be available on the office website www.labourbureau.gov.in.
The largest downward pressure to the change in current index came from Food group contributing -4.96 percentage points to the total change. At item level, Onion, Ginger, Chillies Green, Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs, Hen, Poultry, Milk, Pure Ghee, Garlic, Firewood, ESI Contribution, etc. putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 9.13 per cent for December, 2013, as compared to 11.47 per cent for the previous month and 11.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.49 per cent against 16.17 per cent of the previous month and 13.53 per cent during the corresponding month of the previous year.
At centre level, Giridih recorded the highest decline of 12 points each followed by Ahmedabad, Chhindwara, Varanasi, Munger, Jamalpur, Nagpur and Bhavnagar (10 points each).Jamshedpur (09 points), Rourkela, Ludhiana, Tripura and Angul Talcher (08 points each) Among others, 7 points decrease was registered in 9 centres, 6 points in 8 centres, 5 points in 11 centres, 4 points in 8 centres, 3 points in 7 centres, 2 points in 9 centres and 1 point in 7 centres. On the contrary, Sholapur centre reported an increase of 4 points followed by Puducherry (2 points), Coimbatore and Srinagar centres 1 point each. Rest of the 3 centres’ indices remained stationary.
The indices of 37 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Varanasi and Vijaywada centre remained at par with all-India index.
The next index of CPI-IW for the month of January, 2014 will be released on Friday, 28 February, 2014. The same will also be available on the office website www.labourbureau.gov.in.
Monday, January 27, 2014
Saturday, January 25, 2014
Sunday, January 5, 2014
Revised Limits for remitting cash by various mode of Conveyances.
From 01/01/2006 to 31/08/2008 Grade Pay of TBOP/BCR MTS Gr-C to be Rs 1800/- and 1900/- instead of Rs 1900/- and Rs 2000/- and TBOP /BCR Postman to be Rs 2000/- and 2400/ instead of Rs 2400/- and Rs 2800/-. Directed Head of the Circles to waits for orders for recovery.
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