Big Expectations from 7th CPC and Low possibilities projected by Union Finance Minister!

Honourable Finance Minister Shri.Arun Jaitely had spoken about the possible impact of 7th CPC recommendations in Parliament.

The Speech is critically reviewed by Comrade Elangovan of DREU.

I am reproducing the comments of Comrade Elangovan for the consideration of our members: 

  

7TH CPC WIL INCREASE CENTRAL GOVERNMENT PAY ONLY BY 15%. SHOULD WE ACCEPT?

 R.ELANGOVAN,

WORKING PRESIDENT, DREU

 1.     The Medium Term Expenditure Framework statement has not yet been uploaded in Finance Ministry’s website. However I have taken the figures provided by print media including The Hindu. As per their statement the expenditure on salaries will rise by 9.56% in the fiscal 2015-16 as a result of 7th CPC implementation over the normal estimated expenditure in the 2015-16 budget to Rs.100619 crores. This means that the expenditure projected was Rs.91,839cr which if increased by 9.56% becomes Rs.100619 crores.

WILL 7TH CPC RECOMMENDS 15.79% INCREASE IN SALARY???

News : 80,000 officers, staff of PSU banks to retire in 2 years

News : 80,000 Officers Vacancies In PSU Banks, Expected In Next 2 Years  :

This is a very good news for all banking aspirants who are striving to get job in PSU Banks, this news which will put banking aspirants in their euphoria. It will invigorate their will like rising again from the ashes of phoenix. It is another opportunity which every aspirant wants to seize. So Guys fasten your seat belts and start your preparation to get your dream job with full throttle!

7 th Pay Commission seeks one-month time extension - Commission is unlikely to recommend the lowering of the retirement age

The Seventh Pay Commission, headed by justice A.K. Mathur, has sought a one-month extension from the finance ministry and is preparing to submit its report by the end of September. The commission is unlikely to recommend the lowering of the retirement age as rumoured earlier or push for lateral entry and performance-based pay.

The commission, set up once in every 10 years to review pay, allowances and other benefits for central government employees, was appointed by the previous government on 28 February 2014 and was asked to submit its report in 18 months, which falls on 31 August.

“There are some data points that are missing, which we hope to get by this month end. We are trying to submit the report by 20 September,” an official of the commission said, speaking on condition of anonymity.

Here’s what you should know about the Sukanya Samridhhi Yojana

SSY is a government-run saving scheme for the girl child. It seeks to provide them with financial security. Roopal's daughter is eligible for an SSY account. The account must be opened before the child turns 10, with a minimum investment of Rs 1,000. Thereafter, she must invest a minimum of Rs 1,000 and a maximum of Rs 1.5 lakh (deduction available u/s 80C) annually. The money in the account can be fully withdrawn only after the girl turns 21. If the money is not withdrawn even after the girl turns 21, it will continue to earn interest.

Roopal seems to like PPF for three things—EEE tax benefit, long-term investment horizon and assured returns (notified by the Government of India), benchmarked to the prevailing market rates. All these benefits remain the same if she were to invest in SSY. However, this is where the similarities end. It is imperative that she is aware of the differences too before she makes a choice. While Roopal will be able to partially withdraw her PPF corpus from the seventh year, such partial withdrawals from SSY will be possible only after her daughter turns 18. Moreover, if she were to open the SSY account now, she would end up with an investment horizon that differs based on the age of the child, while the PPF would allow her to invest for 15 years, further extendable in blocks of 5 years. Having said that, there is a slight interest rate differential in favour of the SSY.

Union government to change 'clerical designations' for its workforce

Designations like Lower Division Clerk and Upper Division Clerk in central government's employee hierarchy may soon become a thing of the past as the Centre has proposed to change their nomenclature.  

The Department of Personnel and Training (DoPT) is considering changing nomenclature of a few posts of Central Secretariat Clerical Service (CSCS) and Central Secretariat Service(CSS), which forms the backbone of administrative work in the central government. 

It is proposed to rename the post of Assistant in CSS as Assistant Section Officer, Similarly, the posts of Upper Division Clerk (UDC) and Lower Division Clerk (LDC) under CSCS have been proposed to be re-christened as Senior Secretariat Assistance and Junior Secretariat Assistance, respectively, as per the DoPT proposal. 

All concerned have been asked to send in their inputs or suggestions on the proposal by September 18, it said. 

The total sanctioned strength of CSS and CSCS is 11,467 and 5,933 respectively. 

Earlier in March, it had decided to replace the 'class' categorisation for specifying the seniority of its employees with new alphabetical groupings. 

The posts under the central government will be denoted as groups A, B, C and D instead of classes I, II, III and IV in the service rules, it had said. 

The Class-I classification is for gazetted officers while Class-II refers to mainly the non-gazetted officers, though there are some gazetted officers in this category too. 

Class-III comprises clerical staff and Class-IV (which is now subsumed in Class III or Group C) includes peons and helps or multi-tasking staff in the government hierarchy. 

The Class-III (Group C) employees have often expressed concern that they are taunted as 'third-class' employees due to the categorisation.

Source:-The Economic Times

One Day General Strike on 2nd September 2015 - Participation of GDS Union

All India Grameena Dak Sevaks Union led by S.S. Mahadavaiah, GS will participate in the oneday General strike on 02.09.2015. Strike notice to that effect has been  served on  Director General, Dept of Posts on 12.08.2015. 

Compliance of Court Orders

The wilful disobedience of any judgment, decree, direction, order, writ or other process of a court or wilful breach of an undertaking given to a court constitute a contempt of court under the provisions of the contempt of Courts Act, 1971. Further, under Article 215 of the constitution of India, every High Court shall be a court of record and shall have all the powers of such a court including the power to punish for contempt of itself. The statutory provisions are binding on everybody including Central Government, State Governments and all local or other authorities within the territory of India and they are duty bound to obey the court judgment/orders. The Central Government does not maintain any data in this regard. 

This information was given by Union Minister of Ministry of Law & Justice, Shri D. V. Sadananda Gowda in a written reply in Lok Sabha today.

Source : PIB Release, 13.08.2015

DELIVERY OF HEAVY PARCELS - INSTRUCTIONS FROM THE DEPT.

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 surprising that the employees of service-oriented Central Government departments are so obsessed about their pays and allowances. For a few central and state government organizations that rake in huge profits, salaries and allowances to their employees is no big issue.”