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Showing posts from September, 2012

Cabinet clears Rs. 2300 crore One rank One Pension

After the DA/DR hike announcement, its another bonanza for the ex-servicemen. The union government has set aside Rs 2,300 crore for the implementation of the one-rank-one-pension - a demand that has been pending for years. This has been a major irritant between the armed forces and the bureaucracy.In recognition of this demand, the Prime Minister in his Independence Day address this year, had ment .... read more...

Dearness Allowance hiked by 7% to 72%

The Prime Minister Dr. Manmohan Singh led Cabinet Committee on Economic Affairs (CCEA) met today evening and cleared the dearness allowance hike. The meeting which supposed to take place last Friday was postponed due to political reasons. The hike will be 7 per cent and the new DA will be 72 per cent of the basic pay for all central government employees. The hike will be effective from July 1, 201 .... read more...

Oops.. The Cabinet meeting on DA hike postponed to next week

The meeting of the Union Cabinet, which was scheduled to consider the DA hike for the central government employees and pensioners, has been put postponed to next week. "The Cabinet, CCEA (Cabinet Committee on Economic Affairs) and CCI (Cabinet Committee on Infrastructure) meetings scheduled for Friday, have been postponed," an official announcement said. Cabinet meetings are supposed to take place .... read more...

Cabinet likely to approve DA hike (7%) on Friday (21st Sept, 2012)

The Union Cabinet is likely to approve the hike in the dearness allowance of the employees and pensioners, on Friday. Once approved, the dearness allowance for the employees and the dearness relief for pensioners will become effective from July 1, 2012. It may take few more days for the issue of the order by the  Finance Ministry.The hike, which is calculated based on CPI-IW is supposed to b .... read more...

Performance Related Incentive Scheme (PRIS) accepted by Government

Posted under  News  on 31 Aug,12 2:08p.m. The Government has proposed to give performance-based initiatives to its employees to boost their efficiency and productivity. "Government of India has accepted in principle the recommendation of the Sixth Pay Commission for introduction of a Performance Related Incentive Scheme (PRIS)  (Read : 6th CPC : Chapter 2.5 on Performance Related Incentive Schemes) in the form of pecuniary benef .... read more...