Panel to submit report on one regulator for pension products Mumbai: A panel formed by the government to look into the issue of bringing all pension products under one regulator is likely to submit its report shortly, a top official of pension watchdog PFRDA said today. At present, pension products are being regulated by multiple financial regulators like PFRDA, Sebi, … [Read more...] about Panel to submit report on one regulator for pension products
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Government Employees
A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC
A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC Former comptroller and auditor general, Rai is chairman of Banks Board Bureau. On June 30, headlines across newspapers were on the Union government having approved the Seventh Pay Commission recommendations. The Economic Times headline read, “Central staff hit pay dirt: An early Diwali”. The newspaper said the … [Read more...] about A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC
7th Pay Commission – DA Merger Would have been more Beneficial – Whether enough organizational pressure was there to get the demand accepted is now an academic issue for discussion only.
The 7th Pay Commission submitted its report in November 2015. The Empowered Committee of Secretaries blocked it for 7 long months. Finally the cabinet approved the report without any modification, The Gazette Notification on the pay and allowances of employees was issued on 25-07-2016. The same minimum pay of Rs.18000/- The same multiplication factor of 2.57. Absolutely no … [Read more...] about 7th Pay Commission – DA Merger Would have been more Beneficial – Whether enough organizational pressure was there to get the demand accepted is now an academic issue for discussion only.
Availing of Home Town LTC for other places
Availing of Home Town LTC for other places Vide DoPT’s O.M. No. 31011/3/2014-Estt.(A-IV) dated 26.09.2014, Government employees have been allowed to convert their Home Town LTC to visit Jammu & Kashmir, North-East Region and Andaman & Nicobar Islands under the present scheme upto 25.09.2016. Government servants entitled to travel by air can avail this LTC from … [Read more...] about Availing of Home Town LTC for other places
Goa to implement 7th Pay Commission recommendations from Nov 1
Goa to implement 7th Pay Commission recommendations from Nov 1 Panaji: Goa Chief Minister Laxmikant Parsekar has said the 7th Pay Commission recommendations would be implemented in the state from November 1. “We have decided to implement the recommendations of Seventh Pay Commission from November 1 onwards. The pending arrears from January to October … [Read more...] about Goa to implement 7th Pay Commission recommendations from Nov 1
Just good won’t be good enough to get government employees an annual raise now
Just ‘good’ won’t be good enough to get government employees an annual raise now Central government employees will be entitled to annual increments and promotions, under a new pay structure that takes effect next month, only if they get a ‘very good’ on their report cards rather than just ‘good’ — the current benchmark. The finance ministry on Tuesday notified new … [Read more...] about Just good won’t be good enough to get government employees an annual raise now
7th pay commission: A damp squib?
Seventh pay commission: A damp squib? As the NDA government, aims for a double-digit growth trajectory of the Indian economy, a pay hike to almost one crore government employees and pensioners can come handy, as it will push demand. The 7th central pay commission (CPC), submitted its report earlier this year, and finance minister Arun Jaitley welcomed it, terming it … [Read more...] about 7th pay commission: A damp squib?
Irregularities and misuse in availing Leave Travel Concession Guidelines to be followed
Irregularities and misuse in availing Leave Travel Concession Guidelines to be followed No.31011/3/2013-Estt (A.IV) Government Of India Ministry Of Personnel, Public Grievances and Pensions Department Of Personnel and Training Establishment A-IV Desk North Block, New Delhi – 110 001 Dated July 12, 2016 OFFICE MEMORANDUM Subject: … [Read more...] about Irregularities and misuse in availing Leave Travel Concession Guidelines to be followed
What to do with 7th pay commission ‘non-bonanza’
What to do with 7th pay commission ‘non-bonanza’ By Dhirendra Kumar CEO, Value Research Eight years ago, I wrote a newspaper column advising government employees (or should I say public servants) on what to do with the arrears that they would get with the implementation of the sixth pay commission. On the face of it, one could just repeat that … [Read more...] about What to do with 7th pay commission ‘non-bonanza’
7th Pay Commission might be issued next week and the government employees will start receiving new pay cheques
‘Notification on ‘7th Pay Commission’ next week’ New Delhi: The notification on 7th Pay Commission might be issued next week and the government employees will start receiving new pay cheques from this month. The top Finance Ministry officials on Thursday said that notification in this regard is expected to be issued next week. The union cabinet had on Wednesday … [Read more...] about 7th Pay Commission might be issued next week and the government employees will start receiving new pay cheques
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