7th Pay Commission rumors – Recommendations on Holidays and Leave ‘Rumours regarding the 7th Pay Commission are ablaze like wildfire among Central Government employees.’ The hot topic of discussion among Central Government employees these days revolves around the holidays and their accumulation of EL. There is plenty of news to mull over. During their entire service … [Read more...] about 7th Pay Commission rumors – Recommendations on Holidays and Leave
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OROP: Railway employees also demand One Rank One Pension
OROP: Railway employees also demand One Rank One Pension New Delhi,: Now, Railway employees too have raised the demand for One Rank One Pension, saying that they should not be ignored as like the defence personnel they also have dedicated their services to the nation. The issue of OROP for railway employees was discussed in the Seventh Pay Commission and we … [Read more...] about OROP: Railway employees also demand One Rank One Pension
Finance ministry braces for 7th Pay Commission recommendations
Finance ministry braces for 7th Pay Commission recommendations: LiveMint Article Salary, pension costs set to grow 15.8% and 16%, respectively, in FY17, leaving govt less money to build capital assets New Delhi: The finance ministry is apprehensive about the recommendations of the Seventh Pay Commission, expected this month, significantly increasing the revenue … [Read more...] about Finance ministry braces for 7th Pay Commission recommendations
Government to incur additional expenses due to 7th Pay Commission
Government to incur additional expenses due to 7th Pay Commission : Pay and Allowances of Central Government employees will increase one lakh crore in the current financial year and also projected to increase further due to recommendations of 7th Pay Commission. “Salary is a big question for even profit-minded private concerns. It is therefore not … [Read more...] about Government to incur additional expenses due to 7th Pay Commission
2nd September 2015 Strike – Additional pressure on the 7th CPC to accept our justified demands – COC Karnataka
2nd September 2015 Strike – Additional pressure on the 7th CPC to accept our justified demands – COC Karnataka 7th CPC Report & 2nd September 2015 Strike To All Affiliates COC Karnataka Comrade, The latest information is that the 7th CPC report will be submitted only in last week of September, we should not be too worried about this as the 7th CPC report was … [Read more...] about 2nd September 2015 Strike – Additional pressure on the 7th CPC to accept our justified demands – COC Karnataka
Central Government Employees fear delay in getting pay hike
Central Government Employees fear delay in getting pay hike Central government employees are being promised bigger pay and allowances in fiscal 2016-17 as Finance Minister Arun Jaitley said in the Parliament on February 27, “the Seventh Pay Commission impact may have to be absorbed in 2016-17.” The Finance Ministry and the seventh central pay commission said nothing till … [Read more...] about Central Government Employees fear delay in getting pay hike
7th CPC promised for 28.8.2015, may be delayed by one month – NC JCM Staff Side
7th CPC promised for 28.8.2015, may be delayed by one month – NC JCM Staff Side NC JCM Staff Side Secretary said that it was assumed that the report of the VII CPC, as was promised for 28th August this year, may be delayed by one month. The letter is reproduced and given below for your information… Brief of the meeting held today with the VII Central Pay … [Read more...] about 7th CPC promised for 28.8.2015, may be delayed by one month – NC JCM Staff Side
7th CPC Salary hike: Bank of America estimates 15%, Religare puts it 30%, Credit Suisse expects 40% – International Business Times Report
7th CPC Salary hike: Bank of America estimates the salary raise to be at 15%, Religare puts it at 28 to 30%. Credit Suisse expects a salary hike of 40%. - International Business Times Report How Pay Commissions Play a Key Role in Boosting India's Growth Pay Commissions, which are regularly constituted to review salaries of Central government employees, give a … [Read more...] about 7th CPC Salary hike: Bank of America estimates 15%, Religare puts it 30%, Credit Suisse expects 40% – International Business Times Report
A Crucial Indicator for determining the Basic Pay of 7th Pay Commission- Multiplication Factor
A Crucial Indicator for determining the Basic Pay of 7th Pay Commission- Multiplication Factor It is well known that Multiplication Factor 1.86 was being used by the 6th Pay Commission to calculate the new revised basic pay. The 6th Pay Commission had initially suggested 1.74, but it was later modified to 1.86. The Multiplication Factor was arrived at by adding dearness … [Read more...] about A Crucial Indicator for determining the Basic Pay of 7th Pay Commission- Multiplication Factor
National Holiday Allowance – Upward revision of rates
National Holiday Allowance – Upward revision of rates: Railway Board's reply on NFIR Reference GOVERNMENT OF INDIA MINISTRY OF RAILWAYS RAILWAY BOARD No. E(P&A)I-2013/FE-4/3 New Delhi dated 29 -07-2014. The General Secretary NFIR, 3, Chelmsford Road, New Delhi. Sir, Sub: National Holiday Allowance – Upward revision of rates – reg. ******* The undersigned … [Read more...] about National Holiday Allowance – Upward revision of rates
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