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Thursday, October 29, 2015

Automobile industry waiting for Seventh Pay Commission report

Automobile industry waiting for Seventh Pay Commission report: India’s automobile sector is keenly awaiting the recommendations of the Seventh Pay Commission in the hope that government employees will flock to showrooms with their pockets loaded with cash.Yet, what may still go against the industry is if the Pay Commission’s recommendations are implemented as soon as the report is submitted. This will mean that the implementation may not have any retrospectiv....
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OROP likely to be deferred

OROP likely to be deferred: The NDA government of India had decided to implement OROP (One Rank, One Pension) and Defence Minister Manohar Parrikar on Monday said the notification on OROP will be issued before Diwali. “Notification on OROP will be issued once Election Commission (EC) code in Bihar polls gets over. I will try to issue notification before Diwali,” Parrikar has said. However, reports now indicate that the ....
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7th CPC, OROP will not impact fiscal deficit: MoS, Finance, Jayant Sinha

7th CPC, OROP will not impact fiscal deficit: MoS, Finance, Jayant Sinha: Increase in salary bill due to Seventh Pay Commission and Implementation of One Rank One Pension (OROP) will not strain government’s fiscal position, Minister of State for Finance Jayant Sinha today said.“I think we are in a very good shape as far as fiscal management is concerned. That was appreciated by all economists,” he said while interacting with reporters after a meeting of economists which....
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30-Day bonus for non-gazetted employees

30-Day bonus for non-gazetted employees: The central government today announced an "ad-hoc bonus" equivalent to 30 days emoluments to its non-gazetted employees ahead of the festive season.Central government employees in Group C and D and all non-gazetted employees in Group B would get the ad-hoc non-productivity linked bonus, according to a notification by the Finance Ministry." ... grant of Non-Productivity Linked Bonus (Ad-hoc bonus) ....
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Assets and liabilities filing under Lokpal : Deadline extended to April 15, 2016

Assets and liabilities filing under Lokpal : Deadline extended to April 15, 2016: The Centre today extended by six months, till April 15 next year, the deadline for central government employees to file details of their assets and liabilities along with that of their spouses and dependent children as part of mandatory obligations under Lokpal Act. This is the fourth extension in the time limit for filing the details which came four days ahead of the last deadline. "The last date....
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Govt. may enhance bonus ceiling to Rs. 10,000/- Maximum payment of 21,000/-

Govt. may enhance bonus ceiling to Rs. 10,000/- Maximum payment of 21,000/-: The Government is considering the proposal by the Ministry of Labour to the Cabinet for enhancement of ceiling of bonus from Rs. 3500 to Rs.10, 000 with a cap of maximum payment of Rs. 21,000. It is likely to be taken up by the Cabinet on 10th of next month. The Election Commissioner has cleared it. However it is not included in the current Cabinet Agenda.If accepted, the new bonus will be disburs....
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78-day bonus likely for Railway employees

78-day bonus likely for Railway employees: Railway employees are likely to be given 78-day wages as productivity-linked bonus (PLB) for the fiscal 2014-15, the same as in the last three years, despite the financial crunch. The proposal to give 78-day bonus to railwaymen is likely to come up tomorrow at the Cabinet meeting, sources said. If the Cabinet decides tomorrow for a 78-day bonus then about 12 lakh railway employees will g....
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Govt. restricting 7th CPC benefits? FM says "7th CPC will be mindful of fiscal concerns"

Govt. restricting 7th CPC benefits? FM says "7th CPC will be mindful of fiscal concerns": Finance ministry has indicated that the Seventh Pay Commission will be mindful of the fiscal concerns of the government while giving its report on new pay scales and remunerations for central government employees and pensioners.“We have communicated our concerns with regard to sustainability of public expenditure to Pay Commission. I am sure the members and chairman of the commission are aware of ....
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Free IGNOU courses for central govt employees

Free IGNOU courses for central govt employees: The central government employees keen to pursue higher studies will now be able to do so from Indira Gandhi National Open University (IGNOU) and that too, free of cost. IGNOU has devised a special course for them called -- Distance and E-Learning Programmes for Government Employees (DELPGE). The programme is open only to Central employees, working in ministries, departments and attached offices.Co....
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234% DA from July 2015 to employees in 5th CPC Scale

234% DA from July 2015 to employees in 5th CPC Scale: View the document....
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National Joint Council of Action defers the indefinite strike from 23 Nov, 2015

National Joint Council of Action defers the indefinite strike from 23 Nov, 2015: National Joint Council of Action met on 30.09.2015 to discuss on the proposed indefinite strike from 23 Nov, 2015. It was decided that as the government is delaying the submission of the seventh pay commission report till the Bihar election, the strike action slated for 23rd November 2015 be delayed to coincide with the Parliament budget session during February - April, 2015NJCANational ....
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Government wants employees to take up adventure sports. Gyms to set up in departments

Government wants employees to take up adventure sports. Gyms to set up in departments: After Yoga, the Modi government now wants employees to take up adventure sports like rock-climbing, trekking, paragliding, rafting and snorkelling so as to "create and foster spirit of risk-taking" and tackle the "impact of sedentary life".The government will also set up a gymnasium in each of its central department as it believes "healthy employees are happy employees"This is part of two new sche....
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Aug 2015 CPI-IW up by 1 point at 264. Jan 2016 DA likely to be 125%, a hike of 6%

Aug 2015 CPI-IW up by 1 point at 264. Jan 2016 DA likely to be 125%, a hike of 6%: The Labour Bureau, Ministry of Labour & Employment have announced the All-India CPI-IW for August 2015. It stands at 264, an increase of 1 point from 263 for the month of July. On 1-month percentage change, it increased by (+) 0.38 per cent between July, 2015 and August, 2015 when compared with the increase of (+) 0.40 per cent between the same two months a year ago. Read the full press note h....
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7th CPC: Under-performers may have to retire early, annual increments based on performance

7th CPC: Under-performers may have to retire early, annual increments based on performance: Five to six per cent annual pay hike of Central Government employees is likely to be linked to tangible performance criterion. Under-performers are likely to be retired by 55 or 30 years of service, according to the Seventh Pay Commission report to be submitted soon.The overall hike being recommended by former Justice A K Mathur-headed 7th Pay Commission is around 30 per cent. The Central Governme....
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Government to stop interviews in junior posts

Government to stop interviews in junior posts: More than a month after Prime Minister Narendra Modi called to end the culture of "sifarish" (recommendation leading to nepotism), the government has decided to do away with the process of interviews in junior posts.Under the new system, which will come into effect from January 1 next year, skill tests and physical tests will not be dispensed with and candidates will have to prove their competence....
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COC Karnataka on possible 7th CPC report submission date

COC Karnataka on possible 7th CPC report submission date: Reproduction from Confederation of Central Government Employees and Workers Karnataka State blogComrades,There are lot of enquiries about the 7th CPC report submission. Let us examine the following facts.1) The 7th CPC had issued following statement in July 2015 in its website http://7cpc.india.gov.in/ . Even today the same status is existing.“Further to the memoranda received from a variety ....
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DA from July, 2015 - Finance Ministry order

DA from July, 2015 - Finance Ministry order: The Finance Ministry have issued the office memorandum regarding the Payment of Dearness Allowance at Revised Rates to Central Government employees effective from 1.7.2015 View the document....
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7th CPC likely to recommend up to 30% pay hike

7th CPC likely to recommend up to 30% pay hike: There are reports that the Seventh Pay Commission is likely to recommend a substantial pay hike which could be up to 30% or even more.There will be 5 to 6% performance-based increment every year and those who are under-performing could retire by 55 years of age or after 30 years of service, added sources. House Rent Allowance could also be hiked by 10% to 30%.Source : IBN Live....
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