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Showing posts from January, 2008

Dainik Jagran suggests a 3.2 to 3.3 times hike in current pay by Sixth Pay commission

Hindi Daily 'Dainik Jagran' has come up today with a news about probable increse in the pay of the Central Government employee. According to its news article increase will be around 3.2 to 3.3 times of the current pay. 6th CPC is going to give better pay and facilities to senior officers. This appears to be copy of the article Pot of gold for babus that came in Indian Express नई दिल्ली [टी. ब्रजेश]। सरकार पर आर्थिक बोझ बढ़ने की आशंका दरकिनार करते हुए छठा वेतन आयोग केंद्रीय कर्मचारियों के लिए तीन गुना से भी ज्यादा वेतन वृद्धि की सिफारिश करने की तैयारी में है। इसी तरह उच्च पदों पर काबिज नौकरशाहों का आयोग खास ख्याल रखने वाला है। निचले स्तर के कर्मियों के पदनाम भी बदले जा सकते हैं। सूत्रों के मुताबिक छठे वेतन आयोग के पिटारे से कर्मचारियों की तनख्वाह में सवा तीन गुना बढ़ोतरी की सिफारिश निकलने के पूरे आसार हैं। यह वृद्धि संयुक्त सचिव से नीचे के स्तर पर पदस्थ सभी केंद्रीय कर्मियों के वेतन के लिए लागू होगी। इसी तरह संयुक्त सचिव और उससे ऊपर के स्तर के अधिकारियों को भी आयोग खुश करने

Railways estimates addition cost of 9000cr due to Sixth Pay Commission.

As Indian Railways readies the Budget for 2008-09, one of the biggest worries it faces is how to keep the profitability momentum with the prospect of wage bill inflating by about Rs 9,000 crore on account of the Sixth Pay Commission. In the current fiscal, the Railways –which employs 1.4 million workers--has a wage bill of Rs 27,145 crore, including Rs 18,985 crore on staff costs and Rs 8,160 crore on pension charges. The wage bill is about 38 per cent of its gross traffic earnings. When the Fifth Pay Commission came into effect, the Railways wage bill swelled to Rs 14,141 crore (FY98) from Rs 10,515 crore (FY97). The Fifth Pay Commission had recommended a 31-per cent increase in base salaries. “On the same lines, if the Railways were to provide for a 30-per cent hike in wages on account of the Sixth Pay Commission, we are staring at Rs 9,000 crore increase in our wage bill,” said official sources. The impact of the fifth Pay Commission effective 1997-98 was strong enough to warrant

Haryana to implement 6th pay commission report first

Haryana will be the first State in the country to implement the report of the sixth pay commission, State's Finance Minister Birender Singh claimed on Saturday. "We will implement the report soon after it's receipt and as a result of it the employees of the State Government will get more salary as compared to those of other states, Singh said speaking at the Republic Day celebrations in Rohtak, where he also unfurled the tricolour, according to an official release here. The only surviving member of the Constituent Assembly, Ranbir Singh, who is father of Chief Minister Bhupinder Singh Hooda, was special invitee at the function. Birender Singh said that the present Government has not only withdrawn ban on filling up of vacancies, but also provided employment to about 20,000 youth during last about 34 months. A target has been fixed to provide jobs to more than one lakh youth in next two years, he said, adding it was a matter of great pride that Haryana was ahead of many

Only 2.5 times basic for Defence personnel?

Today reports indicated that the defence is settling for a pay hike of 2.5 times basic. Already a 50% merger of DA is existing. Hence the effective hike will be only 1.66 times.  Does this applies to other division also? Post your replies in the comments The report The Defence Minister A. K. Antony has suggested that the Sixth Pay Commission was likely to favourably consider the armed forces' demand for 2.5 times raise. Antony expressed concern over rapidly falling enrollments in armed forces academies and shortage of officers. He attributed this to pay packets being better in the private sector. "Children these days have many options and the pay packets are much better outside than what the armed forces are offering," he told newsmen. "For the first time the armed forces have put their best foot forward by presenting unified proposals to the Sixth Pay Commission," the Defence Minister said. He also expressed optimism that men in battle fatigues "woul

Sixth Pay Commission: Pot of gold for babus

Don’t worry much about the plummeting Sensex if you are a Central Government employee. The 6th Pay Commission is all set to make 33 lakh Central Government employees smile by recommending almost 3.25 times increase in the basic pay across the board, below the level of joint secretary. The higher up babus – joint secretary and above – would also be a happier lot, if commission’s recommendations are accepted by the government. According to sources in the Finance Ministry, the Pay Commission has recommended fixed basic pay of joint secretary at Rs. 60,000, additional secretary at Rs. 70,000, secretary’s at Rs. 75,000 and cabinet secretary at Rs. 80,000, excluding the house rent allowance and some other benefits. The salaries of joint secretary to secretary level officer ranges between Rs. 40,000 to Rs. 60,000 as per the current pay package. And those at the bottom of the hierarchical ladder – have an added reason to feel good. Taking a cue from the private sector, the Pay Commission

Services unite for better pay

The three armed service might be fighting with each other on creating more top level posts, they have decided to rally together to get better pack packets from the Sixth Pay Commission. Defence Minister A K Antony on Tuesday said that for the first time Army, Air Force and Navy will be putting their best foot forward by presenting a unified proposal to the Sixth Pay Commission. Sources said that the services are seeking a substantial jump in the salaries so that they could match up with pay packets in the corporate sector. The officials fear mass exodus if a substantial hike is not given to the three services. The Ministry of Defence is backing the case of the service official as A K Antony has said on several occasions that the salaries in the armed forces needs to be revised substantially. The armed forces are already struggling to cope up with shortage of officers. If the salaries are not hiked to the expectation, the problem will become worse. Better career options in the priva

DUTA puts its final draft for pay revision before 6th Pay Commission

The Delhi University Teachers’ Association (DUTA) sent its final draft for revision of salaries of teachers to the sixth Pay Commission earlier this week. The Commission had asked for the recommendations in October 2007. A meeting between the two is expected next week. The Commission was set up by the University Grants Commission in 2007. Some of the points taken up by the DUTA include increase in salary, endowment of professorship, one month's basic salary as medical allowance, fast track promotion scheme. If the recommendations are approved, the average income of a Reader in Delhi University can go up to Rs 60,000 from the current Rs 18,400. “The recommendations are made in order to retain talent in the teaching profession,” Aditya Narayan Mishra, DUTA president, said. According to him, the last seven years have seen a massive diversion of talented youth towards professions with better packages and deals. “When I became a teacher in 1970s, teaching was the second preferred choi

Now, progress to performance pay

Commensurate with the status of the high offices that they hold, the government recently announced a doubling of the salaries of the President and vice-president, and increasing emoluments for governors. The last pay hike for dignitaries holding the highest constitutional posts was in 1996. This has triggered a debate where many feel that the exercise of power and the opportunity to shape the nation’s destiny should transcend considerations of financial reward. Whether or not these pay hikes would serve as a benchmark for the Sixth Pay Commission is a question that has no easy answers. The stock Markets are booming, the Economy is doing well and foreign investors are eager to set up shop in India. Trade unions and government employees’ associations would be tempted ask why their own salaries should not match skyrocketing wages in the private sector. With the Fifth Pay Commission’s call over ten years ago to downsize government by a third not taking place, the task of the current comm

Army optimistic about Sixth Pay Commission

Chief of the Indian Army Staff, General Deepak Kapoor, said Monday that the modernisation of the army was being stepped up with the induction of the Pinaka (multi barrel rocket launcher), and Brahmos missile systems. General Kapoor said that the Army is in the process of inducting the Smerch multiple launch rocket systems soon. "The Akash missile system has been tried and tested for Air Force. The Army has not conducted trials and some of our expectations are still to be met," General Kapoor said while explaining the delay in the induction of Akash missiles into the Army. When asked about delay in transfer of technology for the T-90 tanks, the Army Chief said that it is a complex process and in future "we would avoid such kind of delays," adding the Centre has already approved induction of 347 tanks. He admitted that artillery modernisation was not going as per plans and there was a set back because its earlier trials were not satisfactory. He also said that tho

Congress eyes poll-friendly budget

With an eye on general elections, the ruling Congress party instructed its government to present a people-friendly budget next month. The party told the government in no uncertain terms on Thursday that the burgeoning middle class must get some relief and benefits in the budget. There are suggestions that the government may increase the ceiling on income tax exemption from the existing Rs120,000 per annum to Rs200,000. This would give a big relief to the middle class. Prime Minister Manmohan Singh and Finance Minister P. Chidambaram were among various senior ministers who attended the meeting held at party chief Sonia Gandhi's residence. The Congress party is also banking heavily on the Sixth Pay Commission, which is currently reviewing salaries and perks of all central government employees. Its recommendations could affect more than 4 million government employees. Government employees and their families play a decisive role as voters during elections and the Congress party want

Time for “a new deal” for armed force

The Indian army, which was once led by elite of the society including princes of erstwhile royal families, is not considered an attractive career option in the era of globalisation. Many more career opportunities are available to young men, which offer attractive salaries and status. The Defence Ministry is engaged in the task of making a career in the Armed Forces and the Defence Research and Development Organisation more attractive. This was disclosed by the Defence minister A.K. Antony on the sidelines of a function to mark the golden jubilee celebrations of the Defence Research and Development Organisation (DRDO) on Wednesday that there was need to give the country’s armed forces and scientists “better treatment” and “a new deal” this year. The Sixth Pay Commission is examining the issue. Commenting on the lack of attractiveness of the armed forces as a career option among today’s youth, Antony said, “With the new economic boom, talented people are getting better packages (in other

SIXTH PAY COMMISSION FROM APRIL-2008

All the central government employees will be happy to listen that the sixth pay commission most probably will be effective from April-2008.According to Shri B.N.Srikrishna,Chairman,Sixth pay commission, the commission was formed on 05th October-2006 and it will suppose to give its report to the central government within 18 months.There is a rumour in the media that the commission has submitted an interim report.But that's not true. The commission may give its report to the government before the general budget session i.e.before 28th February-2008.According to a ministerial source, the commission is going to give 16s special benefits to the employees.There will be performance linked incentives to the employees.So, they will have to take additional responsibilities.Their annual increments will also be based on their performance.Indian institute of Management, Ahmadabad is helping the commission to make the report. Based on the Market Price Index,the DA hike will be 6% from January-20

No increase in Retirement Age - Government

Government today denied that there is any proposal to increase the retirement of the Central Government Employees in the sixth pay commission report or budjet. Following is the text of the Press Statement issued by the Department of Personnel & Training, Ministry of Personnel, Public Grievances and Pensions today, to clarify that there is no proposal before the Government regarding raising the retirement age of Central Government employees from 60 years to 62 years :- "Attention of the Government has been drawn to reports appearing in some sections of the media regarding raising the retirement age of Central Government employees from 60 to 62 years. In order to put at rest all such speculations, it is clarified that there is no such proposal before the Government."

Your I-T exemption limit may just go up this year

The impressive improvement in income tax compliance has encouraged the finance ministry to consider an increase in the exemption limit for the country's 30 million taxpayers. The exemption limit was likely to be raised by about Rs 25,000 to Rs 40,000 in Budget 2008-09, sources close to the development said. This would mean that, instead of having to pay income tax when one's annual salary touches Rs 1,10,000, the threshold would be Rs 1,35,000. An increase in the exemption limit by Rs 10,000 translates into savings of about Rs 1,000 for every tax payers. The tax break would cost the government about Rs 1,500 crore. Sources said, income tax rates for individual and corporate taxpayers were unlikely to be re-jigged once the limit was raised. "With the buoyancy in direct tax revenue, we felt that some relief can be given to taxpayers. Otherwise, the rates for the taxpayers are unlikely to see any change," a government official said. Tax collection has registered growt