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IMPORTANT NEWS align=center
Saturday, 28 September 2013
Wednesday, 25 September 2013
Promotion and postings of Senior Administrative Grade (SAG) officers of Indian Postal Service, Group 'A' to Higher Administrative Grade (HAG) of the Service and transfer/posting of a regular HAG officer of Indian Postal Service, Group 'A
(Click the link below for details)
DEARNESS ALLOWANCE ORDERS
PAYMENT OF DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES - REVISED RATES EFFECTIVE FROM 01.07.2013 (CLICK THE LINK BELOW FOR DETAILS)
Tuesday, 24 September 2013
Enhancement of ceiling for
calculation of ex-gratia bonus
payable to Gramin Dak Sevaks
The Union Cabinet today approved the proposal of the Department of Posts to enhance the ceiling for calculation of ex-gratia bonus payable to Gramin Dak Sevaks from Rs. 2,500/- to Rs.3,500/- same as that prescribed for the regular departmental employees. The decision would be applicable with prospective effect that is from the accounting year 2012-13 payable in 2013-14.
The increase in bonus calculation ceiling will restore the long established parity between regular departmental employees and Gramin Dak Sevaks on the issue of payment of bonus. This decision will benefit 2.63 lakh Gramin Dak Sevaks working in the Department of Posts, who play a very vital role in providing postal, financial and insurance services in the rural, hilly and tribal areas of the country.
Friday, 20 September 2013
RELEASE OF ADDITIONAL INSTALLMENT OF DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES AND DEARNESS RELIEF TO PENSIONERS, DUE FROM 1.7.2013
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 01.07.2013, in cash, at the rate of 10 per cent increase over the existing rate of 80 per cent.
Hence, the Central Government employees as well as the pensioners are entitled for DA/DR at the rate of 90 per cent of the basic with effect from 01.07.2013. 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 of the order of Rs. 10879.60 crore per annum and Rs. 7253.10 crore in the financial year 2013-14 ( i.e. for a period of 8 month from July, 2013 to February 2014).
Thursday, 19 September 2013
Wednesday, 18 September 2013
The Principal CAT [OA 904/2012 dt. 26-11-2012], Delhi and the Punjab & [CWP No. 19387 of 2011 (O&M) : 19.10.2011] have held that MACP is to be granted on promotional hierarchy and not on next higher Grade Pay as per the 6th Pay Commission Recommendation. The SLP filed by Union of India against the P&H decision was dismissed by the [CC 7467/2013]. Source: http://msasoi.blogspot.com
Tuesday, 17 September 2013
Thursday, 12 September 2013
Tuesday, 10 September 2013
Saturday, 7 September 2013
Friday, 6 September 2013
Wednesday, 4 September 2013
Lok Sabha Passes Pension Fund Regulatory and Development Authority Bill, 2011 with official amendments; Subscribers Seeking Minimum Assured Returns Allowed to OPT for Investing their Funds in such Scheme Providing Minimum Assured Returns
The Pension Fund Regulatory and Development Authority Bill (PFRDA), 2011 was passed by the Lok Sabha today with official amendments. It was earlier introduced in Lok Sabha on the 24th March, 2011 to provide for a statutory regulatory body the Pension Fund Regulatory and Development Authority (PFRDA) under the provisions of the Bill. The legislation seeks to empower PFRDA to regulate the New Pension System (NPS).
The PFRDA Bill, 2011 was referred to the Standing Committee on Finance on the 29th March, 2011 for examination and report thereon. The Standing Committee on Finance gave its Report on 30th August, 2011. Some of the key amendments incorporated in the Bill based on the recommendations of the Standing Committee on Finance are as follows:
a) That the subscriber seeking minimum assured returns shall be allowed to opt for investing his funds in such scheme providing minimum assured returns as may be notified by the Authority;
b) Withdrawals will be permitted from the individual pension account subject to the conditions, such as, purpose, frequency and limits, as may be specified by the regulations;
c) The foreign investment in the pension sector at 26% or such percentage as may be approved for the Insurance Sector, whichever is higher;
d) At least one of the pension fund managers shall be from the public sector;
e) To establish a vibrant Pension Advisory Committee with representation from all major stakeholders to advise PFRDA on important matters of framing of regulations under the PFRDA Act.
Beside above, the Bill would make the Pension Fund Regulatory and Development Authority a statutory authority. Presently, it has non-statutory status. The NPS is based on the principle that ‘you save while you earn’ especially for retirement and is mainly for those who have a regular income.
This Bill would also provide subscribers a wide choice to invest their funds including for assured returns by opting for Government Bonds etc. as well as in other funds depending on their capacity to take risk.
The NPS has been made mandatory for all the Central Government employees (except armed forces) entering service with effect from 1.1.2004. Twenty six (26) States have already notified NPS for their employees. NPS has been launched for all citizens of the country including un-orgnised sector workers, on voluntary basis, with effect from 1st May, 2009.
Further, to encourage the people from the un-organised sector to voluntarily save for their retirement, the Government has launched the co-contributory pension scheme titled “Swavalamban Scheme” in the Budget of 2010-11. As on 14th August, 2013, the number of subscribers under NPS is 52.83 Lakh with a corpus of Rs.34, 965 crore.
In order to effectively invest and manage huge funds belonging to a large number of subscribers and to ensure the integrity of NPS, creation of a statutory PFRDA with well defined powers, duties and responsibilities is considered absolutely necessary and would benefit all NPS subscribers.
The PFRDA Bill authorizes the PFRDA to establish a Pension Advisory Committee by notification under Clause 44 of the PFRDA Bill, 2011. The object of the Pension Advisory Committee shall be to advise the Authority on matters relating to the making of the regulations under the PFRDA Act.
Market based returns and wide coverage based on several investment options in the pension sector will build up the confidence in the subscribers, whereas withdrawals for limited purposes from Tier-I pension account will be an incentive for them to join NPS
//copy// source :PIB
Seventh Pay Commission and Merger of DA: Demand by Delhi BJP President Vijay Goel
Tuesday, August 6, 2013
"Thus, at present, DA is more than 80 per cent of the basic pay but it is not made part of the basic pay."
"The Delhi BJP chief said the government should set up the Seventh Pay Commission."
Centre's proposed DA hike too little too late: BJP
NEW DELHI: Delhi BJP today termed hike in dearness allowance (DA), proposed to be announced by the government, as 'too less and too late' and demanded its merger with the employees' basic pay.
"In the wake of rising prices of all essential commodities, inflation has been hurting not only government employees but also the poor and the middle class. The latest DA hike proposed to be announced by the government is too less and too late," said Delhi BJP President Vijay Goel.
Goel said the Fifth Pay Commission had recommended that if the DA crosses more than 50 per cent then it should be clubbed with the basic pay.
"This provided some relief to government employees. But this was discontinued in the Sixth Pay Commission. Thus, at present, DA is more than 80 per cent of the basic pay but it is not made part of the basic pay. Now, the DA is expected to increase by 10 to 11 per cent but the government is not waking up," he said in a statement.
The Delhi BJP chief said the government should set up the Seventh Pay Commission.
Tuesday, 3 September 2013
Cabinet is likely to approve GDS bonus ceiling for Rs.3500- in the ensuing meeting:
After clearance of the Department’s proposal of Rs.3500- bonus ceiling to GDS by the Ministry of Finance during 3rd week of August, the process for cabinet approval has started and a note has been submitted by the Department to the Min. of Finance to submit for further approval in the Cabinet meeting. It may be expected in the ensuing meeting of the Cabinet.
NEW DELHI: There are no uniform rules for female employees in government departments and organizations and they are treated by varying yardsticks when it comes to essential benefits like maternity and child care leave (CCL).
Dismayed after finding that maternity leave can vary from 90 to 135 days, a Parliamentary panel has suggested that all government departments and organizations should ensure 180 days of leave for their women employees
The panel found many organizations grant 90, 85 or 135 days of maternity leave. It has said child care leave (CCL) of 730 days must be granted with pay to women employees across the board in government.
The committee was also distressed by the low presence of women employees in Government organizations. "It is disheartening to observe that it is significantly low...10.04% as per the 2012 census of Central Government employees," the panel said. The representation is particularly poor in semi-urban and rural areas.
The Standing Committee on Law, Personnel and Public Grievances on the 'status of women in government employment and in public sector undertakings' was unhappy that while a majority of the organizations do grant CCL, but they do so without pay.
For example, Mahanandi Coalfields Ltd gives CCL to female employees working as executives but not for non-executive category. In Cochin Shipyard Ltd, CCL is not granted since there is no specific direction from the department of public enterprises.
The policy has been discontinued in Mormugao Port Trust even though CCL benefits have been extended to all civilian female industrial employees in government since September, 2008. But many women employees hesitate to avail the leave, if granted without pay.
Introduction of "flexible timings" for female employees, especially young mothers, so that organizations can retain talent has been mooted by the committee headed by Congress MP Shantaram Naik as the panel found household responsibilities as a major reason for attrition among women employees.
The government has been asked to explore the policy on "staggered working hours" or "work at home" for female employees. The panel was informed that the recommendation of Sixth Pay Commission regarding staggered working hours was not accepted by the Government.
Single women should be given postings closest to their hometown or places of their choice, the panel said. "It should be mandatorily ensured," it said, adding that this "pertinent factor" should be kept in mind during allocation of postings by department heads.
The provision for giving same station posting to couples may be given statutory backing, the panel recommended as it found the instruction is not always adhered to
Women employees who travel beyond office hours should be provided with security and proper transport by the employer in order to ensure their safety, the Committee said.
The panel also noted that action taken on complaints of sexual harassment at workplace is "not satisfactory". It felt merely transferring a delinquent employee to a different branch or station is inadequate and strict disciplinary action is needed. "The punishment has to be deterrent for prospective offenders," the panel said.
Source: http://timesofindia.indiatimes.com (o1 Sep,2013)