Expenditure rush in the last quarter of the 2019-2020 financial year

No. 23(2)/ E.Coord/ 2018
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated: 24th January, 2020

Office Memorandum

Subject: Rush of Expenditure in the last quarter of Financial Year 2019-2020

According to Rule 62(3) of General Financial Rules 2017, rush of expenditure particularly in the closing months of financial year, shall be regarded as breach of financial propriety and shall be avoided. It is further mentioned that Finance Ministry had already sensitized all administrative heads that rush of expenditure in the year end must be strictly avoided. As per extent guidelines, the last quarter expenditure must be limited to actual procurement of goods & services and reimbursement of expenditure already occurred. Budget Division of Ministry of Finance vide its O.M No. F. No. 12(15)-B(W&M)/2019 dated 27.12.2019 has revised the limits of expenditure in last quarter of previous year from 33% to 25% and in the last one i.e. month of March from 15% to 10% (copy of the O.M enclosed).

2. In view of the above, the process of obtaining financial concurrence of Ministry of Finance and IFDs of the respective Ministries/Departments must, therefore, be completed by 9th March 2020 and regular Sanctions and Bills must be preferred on PFMS Portal by 15th March. The sanctions, bills pertaining to the last Supplementary Demands for Grants only or any exceptional cases with the approval of Financial Adviser of the Ministry/Department may be processed thereafter.

3. It is requested that necessary instructions in this regard may please be issued to all Heads of Departments and Head-offices / sections of main Ministries / Departments so that there is no breach of financial propriety.

(H. Atheli)
Director
Tele: 011-23092604

Encl: As above

To:

All Secretaries to the Government of India
All Financial Advisors of Ministries/Departments

Source: DoE

The post DoE – Expenditure rush in the last quarter of the 2019-2020 financial year appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Central Government does not issue any instructions regarding implementation of recommendations of the Central Pay Commission PERTAINING TO PENSION IN RESPECT OF EMPLOYEES OF AUTONOMOUS BODIES. In view of this , NO ORDERS REGARDING IMPLEMENTATION OF RECOMMENDATIONS OF 7th CPC IN RESPECT OF EMPLOYEES OF AUTONOMOUS BODIES IN THE MATTER OF PENSION ARE TO BE ISSUED BY FINANCE MINISTRY. The appropriate decision is to be taken by the concerned Autonomous Body in consultation with the concerned Administrative Ministry in keeping with the practice on the previous occasions and also in the light of the Rules and Regulations/Bye-laws governing the service conditions of respective Autonomous Bodies.

M. KRISHNAN
Secretary General
Confederation
Mob & WhatsApp : 09447068125
Email : mkrishnan6854@gmail.com

Source: http://confederationhq.blogspot.in/

The post REVISION OF PENSION OF AUTONOMOUS BODY PENSIONERS – FINANCE MINISTRY’S STAND appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

New Delhi: The Finance Ministry is considering raising the current tax exemption limit from Rs 2.5 lakh to Rs 3 lakh.

“A core commitee for Budget 2017 has proposed to revise tax exemption limit aimed to benefit small taxpayers,” a top official involved with the process of Budget told The Sen Times on the condition on anonymity.

Income of Rs 3 lakh to 5 lakh may be taxed at 10% (the current slab is Rs. 2.5-5 lakh taxed at 10%); Rs 5-10 lakh will be taxed at 20% (currently also Rs 5-10 lakh is taxed at 20%); Rs 10 lakh and above to be taxed at 30% (Currently also Rs 10 lakh and above is taxed at 30%).

“There are chances that a hike in tax exemption limit may be announced, but I am not sure if it will go up to Rs 4 lakh. Realistically the Finance Minister may announce a hike from the current Rs 2.5 lakh to Rs 3 lakh or maybe even Rs 3.5 lakh. Rs 4 lakh would be a lot, because then a lot of people who currently pay tax would go out of the ambit,” said a tax expert.

The government may also propose a higher super-rich tax for those who earn more than Rs 10 crore a year.

So, Finance Minister Arun Jaitley may have some good news for the salaried people in the budget for 2017-18.

The post Income tax exemption limit to be hiked to Rs 3 lakh appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

After a long wait Govt has issued orders for implementation of 7th Pay Commission Pay revision in the form of guidelines to the Autonomous Bodies.

The recommendations of the 7th Central Pay Commission, to the employees of the Quasi-government Organizations, Autonomous Organizations, Statutory Bodies, etc., Set up and funded/controlled by the Central Government, where pattern of emolument structure, i.e. pay scales and allowances, in particular Dearness Allowance, House Rent Allowance and Transport Allowance, are identical to those in case of the Central Government employees, has been considered by the Government and it has been decided that the revised pay scales as per the Pay Matrix, as contained in Part-A of the Schedule of the CCS(RP) Rules, 2016 as well as the principle of pay fixation as contained in the said rules, may be extended to the employees of such organizations

As per the orders issued by Finance Ministry on 13.01.2017, While Part A of 7th Pay Commission (Revised) Pay Rules 2016, will be straightaway applicable to Autonomous Bodies employees viz., Revision of existing pay as per New 7th CPC Pay Matrix, Part B and C of Rules viz., upgradation existing grade pay before 7th Pay Commission Pay revision for certain cadres may not be applicable automatically.

Following is the Ministry wise List of Autonomous Bodies coming under Central Government

Ministry of Agriculture

1 Coconut Development Board, Cochi

2 Indian Council of Agricultural Research

3 National Coop. Union of India

4 National Council for Cooperative training

5 National Dairy Development Board

6 National Horticulture Board

7 National Institute of Agricultural Marketing

8 National Institute of Agri. Extension Management

9 Veterinary Council of India

10 National Oil Seeds & Vegetable Oil Development Board

Ministry of Atomic Energy

11 Atomic Energy Education Society’s School, Mumbai

12 Institute of Mathematical Sciences, Chennai

13 Institute of Physics, Bhubaneswar

14 Institute of Plasma Research, Gandhinagar

15 Mehta Research Institute of Mathematics and Meth. Physics

16 Saha Institute of Nuclear Physics, Calcutta

17 I.I.F.R., Mumbai

18 Tata Memorial Centre, Mumba

Ministry of Chemicals and Fertilizers

19 Central Institute of Plastic Engineering & Technology

20 Institute of Pesticides Formulation Technology

21 National Institute of Pharmaceuticals Education & Res.(NIPER)

Ministry of Civil Aviation

22 Indira Gandhi Rashtriya Uran Academy

Ministry of Commerce

23 Agricultural & Processed Food Products Export Development Authority

24 Coffee Board

25 Export Inspection Council and its Agencies

26 Indian Institute of Foreign Trade

27 Indian Institute of Packing

28 Marine Products Export Development Authority

29 Rubber Board

30 Spices Board

31 Tea Board

32 Cashew Export Promotion Council

33 Tobacco Board

Ministry of Communications

34 Centre for Development of Telematics

35 T.R.A.I. General Fund

Ministry of Coal

36 Coal Miners’ PF Organisation, Dhanbad

Ministry of Culture

37 Raja Ram Mohan Roy Library

38 Allahabad Museum Society

39 Asiatic Society, Calcutta

40 Central Institute of Buddist Studies-Leh

41 Central Institute of higher Tibetan Studies-Varanasi

42 Centre for Cultural Resources & Training

43 Delhi Public Library

44 Gandhi Samriti and Darshan

45 Indian Museum, Calcutta

46 Indira Gandhi National Centre for Arts

47 Indira Gandhi Rashtriya ;Museum Sangharalaya

48 Kalakshetra Foundation

49 Khuda Bux Oriental Library Patna

50 Lalit Kala Akademy

51 Maulana Abdul Kalam Azad Institute of Asian Studies

52 National Council of Science Museum Calcutta

53 National Museum of History of Art Conservation of Museology

54 National School of Drama

55 Nav Nalanda Mahavihara

56 Nehru Memorial Museum & Library

57 Rampur Raja Library Board

58 Sahitya Akademy

59 Salarjung Museum

60 Sangeet Natak Akademy

61 Thanjavur Maharaja Sarasvati Mahal Library

62 Victoria Memorial Hall

Ministry of Defence

63 Himalayan Mountaineering Institute, Darjeeling

64 Jawahar Institute of Mountaineering & Winter Sports, Pehalgam

65 Nehru Institute of Mountaineering, Uttarkashi

Ministry of Environment & Forests

66 Central Pollution Control Board

67 Central Zoo Authority

68 G.B.Pant Himalayan Institute of Environment

69 Indian Council of Forestry Research & Education, Dehradun

70 Indian Institute of Forest Management, Bhopal

71 Indian Plywood Research & Training Institute-Bangalore

72 Wildlife Institute of India

73 National Wastelands Development Board

Ministry of External Affairs

74 Indian Council for Cultural Relations

75 Indian Council for Research on International Economic Relations

76 Indian Society of International Law

77 Society for Res. & Info. System for NAM & other Developed Countries

78 Indian Council for Social Science Research

79 Indian Council of World Affairs

80 Institute of Chinese Studies

Ministry of Finance

81 National Institute of Financial Management

82 National Institute of Public Finance & Policy

83 SEBI

84 Economic Research Institutes

85 Indian Investment Centre

86 Insurance Regulatory and Development Authority

Ministry of Food & Consumer Affairs

87 Bureau of Indian Standards

Ministry of Health & Family Welfare

88 All India Institute of Medical Sciences

89 All India Institute of Speech & Hearing

90 Cancer Institute, Chennai

91 Central Council for Indian Medicine

92 Central Council for Research in Ayurveda and Siddha

93 Central Council for Research in Unani Medicine

94 Central Council for Research in Yoga & Naturopathy

95 Central Council of Homeopathy

96 Central Council of Research in Homeopathy

97 Central Drugs Research Institute, Lucknow

98 Central Research Institute of Yoga, New Delhi

99 Chittaranjan National Cancer Institute, Calcutta

100 CSIR – Health Wing

101 Dental Council of India

102 Gujarat Cancer & Research Institute

103 Indian Council of Medical Research

104 Indian Medical Association

105 Indian Nursing Council

106 Indian Red Cross Society

107 Institute of Human Behaviour & Allied Sciences

108 Institute of Post Graduate Training, Jamnagar

109 Institute of Naturopathy Yoga & Physiotheraphy

110 International Instiute of Population Sciences, Mumbai

111 Kasturba Health Society Sevagram

112 Kidwai Memorial Institute of Oncology

113 Lala Ram Sarup Institute of Tuberculosis & Allied Diseases

114 Medical College, Thiruvananthapuram

115 Medical Council of India

116 Morarji Desai Institute of Yoga

117 National Academy of Medical Science

118 National Board of Examinations

119 National Illness Assistance Fund

120 National Institute of Ayurveda

121 National Institute of Biological Standardisation & Quality

122 National Institute of Homeopathy

123 National Institute of Mental Health & Neuro-Sciences

124 National Institute of Naturopathy, Pune

125 National Institute of Unani Medicine

126 National Instiute of Health & Family Welfare

127 National Instt.of Siddha, Channai

128 North East Indira Gandhi Institute of Health Medical Science

129 Pasteur Institute of India, Conoor

130 Pharmacy Council of India

131 Post Graduate Institute of Medical Education Research

132 Rashtriya Ayurved Vidyapeeth New Delhi

133 Regional Cancer Centre Society

134 St. Johns Ambulance Association

135 T.B. Association of India

136 Vallabh Bhai Patel Chest Institute

Ministry of Home Affairs

137 National Human Rights Commission

Ministry of Human Resource Development

138 Auroville Foundation Auroville

139 Kendriya Hindi Siksha Mandal, Agra

140 National Council for Promotion of Sindhi Language, Vadodara

141 National Council for promotion of Urdu Language

142 University Grants Commission

143 AICTE

144 Aligarh Muslim University

145 Assam University, Shillong

146 Babasaheb Bhimrao Ambedkar University, Lucknow

147 Banaras Hindu University

148 Board of Apprenticeship Training, Mumbai

149 Board of Apprenticeship, Chennai

150 Board of Apprenticeship, Kanpur

151 Board of Practical Training,Calcutta

152 Central Agricultural University,Imphal

153 Central Institute of Indian Languages

154 Central Tibetan Schools Society Administration

155 Central University Pondicherry

156 Children’s Book Trust

157 Delhi University

158 Dr. Zakir Hussain Memorial College

159 Engineering College, Jammu

160 I.G.N.O.U.

161 ICHR

162 ICSSR

163 IIIT, Allahabad

164 Indian Council of Philosophical Research

165 Indian Institute of Advanced Studies, Shimla

166 Indian Institute of Information Technology

167 Mahatma Gandhi Institute of Medical Sciences, Wardha

168 Indian Institute of Management, Bangalore

169 Indian Institute of Management, Calcutta

170 Indian Institute of Management, Lucknow

171 Indian Institute of Science, Bangalore

172 IIT, Chennai

173 IIT, Delhi

174 IIT, Guwahati

175 IIT, Kanpur

176 IIT, Kharagpur

177 IIT, Mumbai

178 Institute of Higher Learning

179 ISM, Dhanbad

180 Jamia Milia Islamia

181 Jawaharlal Nehru University

182 Kendriya Vidyalaya Sangthan

183 Laxmi Bai National Institute of Physical Education

184 LBS Rashtriya Sanskrit Vidyapeeth

185 Mahatma Gandhi Antarrashtriya Hindia Vishwavidylaya

186 Maulana Azad College of Technology, Bhopal

187 Maulana Azad National Urdu University, Hyderabad

188 Nagaland University, Kohima

189 National Bal Bhawan

190 National Book Trust

191 National Commission of Women

192 National Council of Educational Research & Training

193 National Council of Teacher Education

194 National Culture Fund

195 National Gallery of Modern Art

196 National Institute of Adult Education

197 National Institute for Training in Industrial Engineering

198 National Institute of Foundry and Forge Technology, Dhanbad

199 National Institute of Public Coop. & Child Development

200 National Library, Calcutta

201 National Literacy Mission Authority

202 National Open School

203 Navodaya Vidyalaya Samiti

204 NBDC

205 Nehru Yuva Kendra Sangthan

206 NIEPA

207 North Eastern Regional Institute of Science & Technology, Shillong

208 North Eastern Hill University, Shillong

209 Project of History of Indian Science, Philosophy and Culture

210 Punjabi University, Patiala

211 Rajiv Gandhi National Institute of Youth Development

212 Rashtriya Manav Sangrahalaya, Bhopal

213 Rashtriya Sanskrit Sansthan

214 Rashtriya Sanskrit Vidyapeeth, Tirupathi

215 Regional Engineering College, Allahabad

216 Regional Engineering College, Hamirpur

217 Regional Engineering College, Jaipur

218 Regional Engineering College, Jallandhar

219 Regional Engineering College, Kozhikode

220 Regional Engineering College, Kurekshetra

221 Regional Engineering College, Nagpur

222 Regional Engineering College, Rourkela

223 Regional Engineering College, Srinagar

224 Regional Engineering College, Surat

225 Regional Engineering College, Warangal

226 Regional Institute of Technology, Jamshedpur

227 Sant Longowal Institute of Engineering Technology

228 School of Planning and Architecture

229 Shramik Vidya Peeths

230 Sports Authority of India

231 Technical Teachers Training Institute, Bhopal

232 Technical Teachers Training Institute, Calcutta

233 Technical Teachers Training Institute, Chandigarh +

234 Technical Teachers Training Institute, Chennai

235 Tej Pur University

236 University of Allahabad

237 University of Calcutta

238 University of Hyderabad

239 University of Jadavpur

240 University of Madras

241 University of Mumbai

242 University of Mysore

243 Vishwa Bharti University Shanti Niketan

244 Zonal Cultural Centre, Allahabad

245 Zonal Cultural Centre, Udaipur+

246 Zonal Culture Centre, Calcutta

247 Zonal Culture Centre, Chennai

248 Zonal Culture Centre, Nagaland

249 Zonal Culture Centre, Nagpur

250 Zonal Culture Centre, Patiala

251 Rashtriya Ved Vidya Pratisthan

Ministry of Industry

252 Automotive Research Association of India

253 Central Manufacturing Technology Institute, Bangalore

254 Central Pulp and Paper Institute

255 Fluid Control Research Institute

256 ID of Elect Measurement, Mumbai

257 Indian Rubber Manufacturing Research Association

258 National Council for Cement & Building Material

259 National Institute of Design

260 National Productivity Council

261 National Small Industries Corporation

262 Quality Council of India

263 Development Council for Automotive & Allied Industries

264 Footwear Design & Development Institute

Ministry of Information & Broadcasting

265 Indian Institute of Mass Communication

266 F.T.I.I., Pune

267 Film Society of India

268 National Centre for Children & Young People

269 Prasar Bharti

270 Press Council of India

271 Satyajit Ray Film & Television Institute, Calcutta

Ministry of Information Technology

272 Centre for Development of Advanced Computing, Pune

273 Centre for Electronics Design & Technology of India

274 Centre for Liquid Crystal Research

275 Centre for Materials for Electronics Technology Research

276 Department of Electronics – Accreditation

277 Education and Research Network India

278 Electric & Computer Software Export Promotion Council

279 Electronics Research & Development Centre of India

280 National Centre for Software Technology

281 Society for Applied Microwave Electronic Engineering and Research

282 Society for Electronics Tests Engineering

283 Software Technology Parks of India

284 Regional Computer Centre, Chandigarh

285 Regional Computer Centre, Calcutta

Ministry of Labour

286 Central Board for Workers Education

287 Central Instructional Media Institute, Chennai

288 Employees Provident fund Organisation

289 Employees State Insurance Corporation

290 V.V.Giri National Institute of Labour

291 Advanced Training Institute, Chennai

292 Advanced Trg. Inst. for Farm Machinery and Power, Ludhiana

293 Advanced Trg. Institute for Electronics & Processed Instrumentation

294 Central Institute for Research & Training in Employment services

295 Central Staff Training & Research Institute, Calcutta

296 Foreign Training Institute, Bangalore

297 National Arbitration Promotion Board

298 National Council for Training in Vocational Studies

299 National Labour Institute, Noida

300 National Regional Vocational Training Institute

Ministry of Law, Justice & Company Affairs

301 Indian Law Institute

302 Institute of Constitutional and Parliamentary Studies

303 International Centre for Alternative Dispute Resolution

304 National Legal Service Authority

Ministry of Mines & Minerals

305 J.L.Nehru Aluminium Research Dev.& Design Centre

306 National Institute of Miners’ Health

307 National Institute of Rock Mechanics

Ministry of Non-Conventional Energy Sources

308 1 National Institute of Renewable Energy

309 2 Centre for wind Energy Technology

Ministry of Planning

310 Indian Statistical Institute

311 Institute of Applied Manpower Research

Ministry of Power

312 Central Electricity Regulatory Commission

313 Central Power Research Institute

314 National Power Training Institute

315 Energy Management Centre, Nagpur

Ministry of Railway

316 Centre for Railway Information Systems, New Delhi

Ministry of Rural Development

317 CAPART

318 National Institute of Rural Development, Hyderabad

Ministry of Social Justice & Empowerment

319 Animal Welfare Board

320 Central Adoption Research Agency

321 Central Wakf Council

322 Institute of Physically Handicapped

323 National Institute for Rehabilitation Training & Research

324 National Commission for Backward Classes

325 National Commission for Minorities

326 National Commission for Safaikaramcharis

327 National Commission for SCs/STs

328 National Institute of Mentally Handicapped

329 National Institute of Hearing Handicapped

330 National Institute of Orthopaedically Handicapped

331 National Institute of Visually Handicapped, Dehradun

332 National Trust for Mentally Retarded & Cerebral Palsy

333 Rehabilitation Council of India

334 Special office for linguistic Minorities –Allahabad

335 Dr.B.R. Ambedkar Foundation, New Delhi

336 Maulana Azad Education Foundation, New Delhi

337 Chief Commissioner for Handicapped, New Delhi

Ministry of Small Scale Industry

338 Central Footwear Training Institute, Agra

339 Central Institute of Handtools, Jalandhar

340 Central Institute of Tool Design, Hyderabad

341 Central Tool Room, Bhubaneshwar

342 Central Tool Room, Ludhiana

343 Central Toom Room Training Centre

344 Coir Board, Kochi

345 Electronics Service & Training Centre

346 Indian Institute of Entrepreneurship

347 Indo German Tool Room, Ahmedabad

348 Indo German Tool Room, Aurangabad

349 Indo-Danish Tool Room, Jamshedpur

350 Indo-German Tool Room, Indore

351 Khadi & V.I. Commission, Mumbai

352 National Institute for Entrepreneur & Small Business Development

353 Process & Product Development Centre, Agra

354 Process cum Product Development Centre, Meerut

Ministry of Surface Transport

355 Seamen’s PF Organisation

356 Calcutta Dock Labour Board

357 Calcutta Port Trust

358 Cochin Port Trust

359 DTC Employees PF Account

360 Inland Water Transport Authority of India

361 Jawaharlal Nehru Port Trust

362 Kandla Dock Labour Board

363 Kandla Port Trust

364 Madras Dock Labour Board

365 Madras Port Trust

366 Mormugao Dock Labour Board

367 Mormugao Port Trust

368 Mumbai Dock Labour Board

369 Mumbai Port Trust

370 National Highways Authority of India

371 New Mangalore Port Trust

372 Paradip Port Trust

373 Tarrif Authority; for Major Ports

374 Tuticorin Port Trust

375 Vizag Dock Labour Board

376 Vizag Port Trust

Ministry of Science & Technology

377 International Advanced Res.Centre for Powder Metallurgy & New

Materials

378 Birbal Sahni Institute of Palaeobotany, Lucknow

379 Centre for DNA Finger Printing & Diagnostics

380 Council of Scientific & Industrial Research

381 Indian National Science Academy, New Delhi

382 Indian Academy of Sciences Bangalore

383 Indian Association for the cultivation of Science, Calcutta

384 Indian Institute of Tropical Meteorology, Pune

385 Indian National Academy of Engineering

386 Indian Science Congress Association, Calcutta

387 J.L.Nehru Centre for Advanced Scientific Research, Bangalore

388 Maharashtra Association for Cultivation of Science

389 National Accreditation Board for Testing & Collaboration Laboratories

390 National Brain Research Centre

391 National Centre for Cell Sciences, Pune

392 National Centre for Plant Gerome Research

393 National Institute of Immunology

394 Raman Research Institute, Bangalore

395 S.N.Bose National Centre for Basic Sciences, Calcutta

396 Sree Chitra Tirumal Medical Inst.of S&T, Thiruvananthapuram

397 Technology Information Forecasting Assessment Council

398 Vigyan Prasar

399 Bose Institute, Calcutta

400 Indian Institute of Astro-Physics

401 Indian Institute of Geo-magnetism, Mumbai

402 National Academy of Science

403 National Atlas & Thematic & Mapping Organisation

404 Technology Development Board, New Delhi

405 Wadia Institute of Himalayan Geology, Dehradun

Ministry of Space

406 National MST Radar Facility Gadanki

407 National Remote Sensing Agency, Hyderabad

408 Physical Research Laboratory Ahmedabad

Ministry of Textiles

409 ATIRA

410 BITRA

411 Central Silk Board

412 Cotton Technology Mission

413 IJRA

414 Institute of Fashion Technology

415 Jute Manufacturers Development Council

416 MANTRA

417 National Centre for Jute Diversification

418 New NIFTs

419 NITRA

420 Silk & Art Silk Mills Research Association

421 SITRA

422 Texttiles Committee, Bombay

423 Wool Development Board

424 WRA

Ministry of Tourism

425 Indian Institute of Tourism & Hotel Management

426 Institute of Hotel Management

Ministry of Urban Development

427 DDA

428 National Institute of Urban Affairs

429 NCR Planning Board

430 Building Material and Technology Promotion Council

Ministry of Water Resources

431 Brahmputra Board

432 National Institute of Hydrology

433 National Water Development Agency

Source: GOI Web Directory

The post 7th Pay Commission Pay revision – List of Central Government Autonomous Bodies covered by Finance Ministry Orders appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

The finance ministry seems better placed now after demonetisation to decide on raising allowances as recommended by the 7th Pay Commission.

With the dust at least partly settled over demonetisation and the subsequent disruption at the finance ministry, there seems to be renewed cheer among Central government employees of a decision on allowances as recommended by the 7th Central Pay Commission (CPC). Two developments in this regard are worth taking note of, even as Budget 2017 is about a month away.

As has been reportedly earlier, the second amnesty scheme for tax defaulters – Pradhan Mantri Garib Kalyan Yojana, 2016 – estimated to net the Modi government a substantial amount, the financial outgo of Rs 1,02,100 crore no longer seems to be a hurdle.

However, the note ban decision and the spate of activities that followed the decision about raising allowances to the back burner made employees restive.

Now they hope the government will quickly move on the issue that involves about 47 lakh Central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces.

While a website claiming to represent bureaucrats said that the finance ministry is likely to pay the enhanced allowances (possibly along with arrears) after Budget 2017 in February, another said that employees have sought a meeting with the ministry to resolve the issue at the earliest.

“Government is very pleased to pay the higher allowances to its employees after Budget. The acute cash crunch in banks and ATMs that prevailed for a month following the demonetization move of the government has eased from January 1, as the daily withdrawal limit from ATMs has been increased from Rs 2,500 to Rs 4,500. Hence, the Finance Ministry felt it would be wiser to announce of higher allowances after Budget,” the Sen Times quoted a senior finance ministry official as saying.

Another significant development is a communication by the staff side National Council of the Joint Consultative Machinery (JCM) seeking an early redressal of the issue.

“Almost four months have passed (since September 1, 2016 meeting) without any outcome. All the Central Government Employees are quite agitated as well as are having mental agony because allowances of the VII CPC, have not been implemented. You are therefore, requested to fix-up a meeting of the Committee on Allowances, at an earliest to resolve the issues placed in the memorandum of the Staff Side(JCM) on various allowances,” the letter read.

The CPC examined 196 allowances and gave its recommendations on abolishing or raising some of them while recommending others to be subsumed with other perks. It had proposed 138.71 percent hike in HRA and 49.79 percent for other allowances, while submitting its voluminous report in November 2015.

The Budget for the financial year 2017-18 is likely to be presented on February 1 by Finance Minister Arun Jaitley.

Source: ibtimes.co.in

The post 7th Pay Commission: Top 2 developments before Budget 2017 raise hopes for Central government employees appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

New Delhi, Dec 7: The notification for the implementation of higher allowance, under the 7th Pay Commission recommendations, is likely to be issued after January 2017. The Finance Ministry has got extension of two months to issue the higher allowances notification under 7th Pay Commission recommendations. It means the higher allowance notification, under the 7th Pay Commission recommendations, may get delayed till January next year. The government intends to accept the report of ‘Committee on Allowances’ after December 30, deadline for depositing demonetised notes.

The October-November month is the scheduled for issuing notification, but the Finance Ministry has got extension of two months because of the cash shortage following demonetisation drive. The government doesn’t want to increase the burden of banks that has been witnessing cash crunch due to demonetisation of Rs 500 and Rs 1000 notes. The government hopes that situation will return to normal after December 30 and it will be able to pay higher allowances to its 4.8 million employees as per the recommendations of the 7th Pay Commission.

“The October-November month is the scheduled for issuing notification for the Finance Ministry, but the time was extended by 2 months because the cash crunch on account of demonetisation, which is taking time to get normality,” a Finance Ministry official was quoted as saying by Sen Times. “Therefor, unless the banks can begin to function with a modicum of efficiency, the government will not issue notification on higher allowances to save demonetisation chaos,” he added.

Sources in the Finance Ministry said the government is likely to issue higher allowances notification under the 7th Pay Commission recommendations from January next year, after the the cash crunch will ease. The central government employees have been waiting for fatter allowance since July when the notification for the implementation of the 7th Pay Commission recommendations was issued.

Earlier we reported that the government is planning to pay higher allowances under the 7th Pay Commission from January, 2017.The ‘Committee on Allowances’, headed by Finance Secretary Ashok Lavasa, on fatter allowances under the 7th Pay Commission recommendations is ready with its report. However the massive cash crunch post demonetisation drive has compelled the Finance Ministry to keep in abeyance the enhanced allowances till things normalize. Allowances are now being paid to the central government employees according to the 6th Pay Commission recommendations.

Source : www.india.com

The post 7th Pay Commission: Finance Ministry gets extension of 2 months, may delay higher allowances notification appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

The Finance Ministry has asked all ministries/departments to encourage their employees to make use of debit cards for personal transactions instead of cash, an official statement said.

It said that given the progress made in banking technology, it is assumed that each employee would be in possession of a debit/ATM card linked to his/her bank account.

“Ensuring and encouraging government employees to maximise the usage of debit cards for personal related transactions instead of cash would go a long way, with the employees serving as ‘ambassadors’ for the digital push, and also motivate, encourage the general public in taking up the cause,” the ministry added.

Government and PSUs have been disbursing salaries to majority of their employees through electronic mode into their bank accounts.

The ministry said that in the recent years, advancements in banking technology, progress in mobile banking and innovative technologies to facilitate digital payments have enabled large number of small denomination transactions to be handled smoothly in electronic mode.

Following the announcement of demonetisation of 500 and 1000 rupee notes on November 8, the government has been taking a slew of measures to promote digital transaction.

While the Finance Ministry has asked public and private sector banks to waive off transaction costs for all payments made through debit cards, the Road Transport Ministry has asked vehicle manufacturers to provide a digital tag on all new cars for e-payments at toll plazas and check posts.

The Finance Ministry has also asked government departments to liaise with their accredited banks and set up special camps to ensure that all its employees are in possession of debit cards.

It also asked other ministries/departments to issue similar advisories to their attached offices, PSUs and autonomous bodies.

PTI

The post Government asks staff to become ambassadors for digital push appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Report says that a top official of the finance ministry today told on condition of anonymity that Central government employees salaries for January will be in line with the higher allowances.

When asked whether the arrears would be paid too, he said, “This depends on the cabinet. If the cabinet gives the nod higher allowances with retrospective effect from August 2016, the arrears will be paid.”

“The government faces severe attack for cash crunch because of demonetisation. But the situation will return to normalcy after the deadline of December 30 for deposit of invalid Rs 500 and Rs 1,000 notes.”

He added, “It’s better if delayed till sufficient cash is available with the banks.”

The government in June approved the 7th Pay Commission recommendations for its employees with higher basic pay, which has been paid with arrears, effective from January 1, 2016 but the hike in allowances other than dearness allowance referred to the ‘Committee on Allowances’ headed by the Finance Secretary Ashok Lavasa for examination as as the pay commission had recommended of abolishing 51 allowances and subsuming 37 others out of 196 allowances.

Until acceptance of higher allowances, existing allowances are to be paid according to the 6th Pay Commission recommendations, says an earlier official statement issued by the finance ministry.

However, the committee on allowances head Finance Secretary Ashok Lavasa said recently, “We are ready to submit our report, when the Finance Minister Arun Jaitley calls up.”

Source: tkbsen.in

The post January Salary Of Central Employees To Follow Higher Allowances: Finance Ministry appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

New Delhi: The finance ministry today asked banks to consider engaging retired employees to deal with the unprecedented rush for exchange of invalid currency notes and ease pressure on existing staff.

In a letter written to Indian Banks’ Association (IBA), the financial services department of the finance ministry said it should look into issues, particularly employment of retired bank staff and payment of remuneration and instruct the banks suitably at the earliest.

“In the event of extra business hours implemented to cope up with the situation, banks may require to make deployment plan of staff on shift basis so that the same person does not work for continuous long hours,” it said.

Praising commendable work done by the banking fraternity, it said banks may plan and support the officers and employees working in late hours, particularly the safety and security of women employees, with arrangements for food and conveyance.

Additional infrastructure like more terminals, separate arrangement for cash, exchange and dispensation may be implemented and services of retired persons may also be taken so that the pressure of existing staff may ease and a larger customer base is satisfied, it said.

Many employee unions have made representation to the finance ministry and IBA presented the multiple problems being faced by employees and officers on account of implementation of the demonetisation scheme.

“We are happy that the government has addressed some of the issues raised by us,” All India Bank Employees’ Association General Secretary C H Venkatachalam said in a statement.

PTI

The post FinMin asks banks to hire retired staff to deal with cash rush appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Government of India
Ministry of Finance
Department of Economic Affairs

November 13, 2016

Press Release

Today  (13.11.2016) Finance Ministry has  reviewed  the  position  regarding  availability and  distribution of all denomination of bank notes. Some of the highlights of the review and the decisions taken are as follows:
1. In the first four days ( from November 10th to 13th , upto 5 pm ) about Rs 3.0 lacs crores of old Rs.500/- and Rs.1000/- bank notes have been deposited in the banking system and about Rs.50,000 crores has been dispensed to customers by either withdrawal from their accounts or withdrawal from ATM’s or by exchange at the counter. Within these four days, the banking system has handled about 18 crore transactions.

2. Coordination is being continuously done by Ministry of Finance with RBI, Banks and Post Offices to make all denomination notes available at all locations.

3. Instructions have been given to the Banks and Post Offices to ensure proper distribution of all denomination notes. Banks have also been especially advised to ensure the availability and distribution of small denomination notes.

4. Chief Secretaries of the States have been requested to identify the rural pockets, if any, where availability of cash has been a problem and provide all support to the Banks and Post Offices in order to ensure the last mile distribution of small denomination of notes is done through mobile banking vans and Banking Correspondents (BCs).

5. It has been reported that certain business houses viz. Hospitals , Caterers , Tent houses etc. are not accepting Cheques/Demand Drafts and online payment transfer from customers. It is advised that in such cases customer can make a complaint to the concerned District Magistrates/District Administration for action against such establishments.

6. Government of Assam has arranged a Mobile Banking Vans with support of Banks and State Government Staff at certain Hospitals for carrying out emergency banking transactions. All Banks have now been advised to arrange mobile banking vans to the extent possible at major hospitals to carry out emergency banking transaction for patients.

7. Banks have been advised to make arrangements for separate queues for Senior citizens and Divyang persons. Separate queues will also be arranged for exchange of cash to cash and transactions against Bank accounts.

8. Government of Arunachal Pradesh has made special arrangements like cash deposits /withdrawal and opening of new bank accounts in the remotely located areas with the help of Banks and State Government staff. State Governments have been requested to facilitate opening of new Bank accounts as a part of financial inclusion programme.

9. The issuance of the new series of Rs.500/- notes has already commenced.

10. Banks have been advised to increase the Business Correspondents limit of dispensing cash to Rs.2500/- for withdrawal from bank accounts.

11. Banks have been advised to increase the exchange limit over the counter from the existing Rs.4000/- to Rs.4500/-.

12. Banks have been advised to increase the Cash Withdrawal limit at ATMs from the existing Rs.2000/- to Rs.2500/- per day in the recalibrated ATMs, other ATMs will continue to dispense Rs.50/- and Rs.100/- notes until they are recalibrated.

13. The weekly limit of Rs.20,000/- for withdrawal from Bank accounts has been increased to Rs.24,000/-. The limit of Rs.10,000/- per day has been removed.

14. Banks have been advised to increase the issuance and use of mobile wallets and debit/credit cards as also to provide them to those customers and establishments not having access to these non-cash means of payment

15. The last date for submission of the annual life certificate for the Government Pensioners which is to be submitted in November every year has been extended up to January 15, 2017.

Press Release Ministry of Finance

The post Highlights: Finance Ministry reviewd the position regarding availability and distribution of all denomination of bank notes appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.