Monday, November 9, 2015
Friday, November 6, 2015
Recent media report suggests minimum 30% hike in Basic salary after 7th pay commission
The print and web media is being flooded with possibilities and rumors of which most of them are baseless. But Govt. employees are desperately looking for any information about the possible recommendations of the seventh pay commission. They have been patiently waiting for the last eighteen months, after the pay commission set up. The tenure has been extended and so the waiting period.
The recent media report published in India Today has emphasized on some key points of seventh pay commission which is reproduced below. Please note that, it is not exactly the view of the publisher of this blog, especially about the retirement age factor as described below. As per our information, seventh CPC is not going to suggest any reduction of retirement age.
Following are the key points as per media report :
Indians still prefer post office schemes
Post office savings schemes, a traditional favourite with Indians, are likely to retain their popularity, despite the launch of various schemes by banks and the government, including the Pradhan Mantri Bima Suraksha and Jeevan Jyoti. However, it is still too early to arrive at any conclusion.
“Post office savings are traditionally used by the masses who cannot get access to banks. It will continue to be popular and flourish with the addition of more technology like those offered by bank,” Kavery Benarjee, secretary, department of posts, told HT.
Going forward, India Post will introduce core banking services across India. The service is currently available only in select post offices.
“The growth in accounts is reflection of the faith and trust that consumers have on us despite banks opening new branches and introducing new schemes,” Banerjee said.
Post office schemes are attractive since only 5% of the corpus is invested in savings account. The remaining 95% is put in monthly income schemes and long-term deposits with higher rate of interest, she said.
Moreover, the new schemes introduced by the government are being extended to post office savings account holders.
Most of the Jan Surkasha schemes are already available at post offices. Post office account holders will also be able to subscribe to the Atal Pension Yojana (APY) in the next 4-5 days without any overdraft facility, similar to the Pradhan Mantri Jan Dhan Yojna.
“We are not mandated to give overdraft facility,” Banerjee said.
Account holders will be given ATM cards, besides availing money-transfer facility and anywhere anytime banking.
Banerjee is also confident that account holders will be able to encash a certificate anywhere in India within 15-20 minutes.
Source: hindustantimes, 30.10.2015
Wednesday, November 4, 2015
Removal of Grade Pay System in 7th CPC – Detailed Report
Will the removal of Grade Pay System by the 7th Pay Commission help Central Government employees? – This is the topic of this article.
“Unconfirmed reports say that the 7th Pay Commission is very likely to recommend the abolishing of the Grade Pay System introduced by the 6th Pay Commission.”
Not only the Government, but the Central Government employees too are hoping and wishing that the 7th Pay Commission functions independently, free from interventions. The report of the previous Pay Commissions will guide for determining the revision of pay scale and pay bands, allowances, retirement benefits and other facilities/benefits of more than 50 lakh employees. The Pay Commission also considers the recommendations, suggestions and inputs gathered from employees all over the country and presented as memorandums by federations like the NC JCM and the Confederation.
Tuesday, November 3, 2015
All is Well today in our Writ Petition No. CW 6895/2015
Today’s proceeding remains successful for us. Our advocate narrated the full facts and circumstances of our case and the Hon’ble Justice shows agreement. The Asstt Solicitor General of India who stood as the advocate of the respondents has admitted the genuine ground of our Writ Petition with the documents which we submitted in support of our rejoinder against the reply of the respondents. However, he informs the Hon’ble High Court that he doesn’t have any knowledge about the genuineness of the documents submitted by us and prays before the Hon’ble Court to allow him one more opportunity to come up with one Departmental Officer. His prayer has been granted with direction to list the case after Diwali for issue of appropriate Order.
!! All is well !!
TeamAIAPC
CBS AGENT PORTAL LATEST UPDATE
It is decided that the Agent Portal opened in phased manner, In trail basis the Portal opened in Karnataka and TamilNadu.
Initially, the portal access is opened up for agents in Karnataka and Tamil Nadu.
Please instruct all agents to loggin and test their position of access
If user is locked due to various other reasons of repeated attempts – please follow the reset procedure simultaneously
After observing the load in server in the back end, it was decided to expand the phase of observation to Maharashtra and UP circles.
After this phase, the rest all will be allowed access.
Please instruct all agents concerned in these two circles to loggin and proceed with the business
Feedback of SPOCs invited by CPC Chennai. Kindly share your views to Open up in New phases.
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