Sunday, April 26, 2015

7th Pay Commission recommendations likely this year : Jaitley

7th Pay Commission recommendations likely this year : Jaitley

Friday, April 24, 2015, New Delhi: The recommendations of the 7th Pay Commission on pay revision of the central government employees is expected to be submitted to the government this year, the Lok Sabha was today informed.
Responding to a supplementary, Finance Minister Arun Jaitley said, ”Additional Tencent revenue share for the state being provided by the Centre from this year and the recommendations of the pay commission- that are expected to be made this year-are bound to put additional burden on the fiscal situation.”
“Keeping this in mind, we have opted to extend the deadline from two to three years for attaining the targeted mark of fiscal budgetary deficit,” he said.
Presently, the government’s annual income is around Rs 11.5 lakh crore against the expenditure of around Rs 17.5 lakh crore leaving a budgetary deficit of about Rs 5 lakh crore.
Till date central government has notified six pay commissions before notifying seventh in February 2014. First central pay commission was notified in 1946, Second CPC in 1957, Third CPC in 1970, Fourth CPC in 1983, Fifth in 1994 and sixth in 2006.
Report of sixth pay commission was implemented w.e.f. 01.01.2006.
The UPA government formed the Seventh Pay Commission on 28 February 2014 under chairman justice Ashok Kumar Mathur with a timeline of 18 months to make its recommendations. According to present position, the commission will take at least 20-24 months.
However, the Sixth Pay Commission had submitted its report within 18 months.
As a result of the recommendations of the Sixth Pay Commission, pay and allowances of the central government employees more than doubled as per Fourteenth Finance Commission estimates.
As such,the central government employees are expected to get 100 percent salary hike under the recommendations of the Seventh Pay Commission. Issues like inflation, the governments financial
position and salary structure of government employees in other countries would also be considered as parts of pay panel recommendations.
The Fourteenth Finance Commission asked the pay panel to link the pay with productivity, which will be the biggest hurdle for central government employees to be got over to get salary hike.
It is interesting to note that the earlier governments never accepted to link the pay with productivity.
Source: [http://www.govemployees.in/7th-pay-commission-recommendations-likely-this-year-fm/]
Text of news at Day & Night News
7th Pay Commission recommendations likely this year : Jaitley
Friday, April 24, 2015, New Delhi: The recommendations of the 7th Pay Commission on  pay revision of the central government employees is expected to be submitted to the government this year, the Lok Sabha was  today informed.
Responding to a supplementary, Finance Minister Arun Jaitley said, ”Additional  Tencent revenue share for the state being provided by the Centre from this year and the recommendations of the pay commission– that are expected to be made this year– are bound to put additional burden on the fiscal situation.”
“Keeping this in mind, we have opted to extend the deadline from two to three  years for attaining the targeted mark of fiscal budgetary deficit,” he said.
Presently, the government’s annual income is around Rs 11.5 lakh crore against the expenditure of around Rs 17.5 lakh crore leaving a budgetary deficit of about Rs 5 lakh crore.  – UNI
Read at: Day & Night News

Latest news on OROP – Delegates of NeXCC discussing the OROP issue with Defence Minister Manohar Parrikar

Latest news on OROP – Delegates of NeXCC discussing the OROP issue with Defence Minister Manohar Parrikar
Delegates of NeXCC

Delegates of National Ex-servicemen Co-ordination committee (NeXCC) discussing the OROP issue with Defence Minister Manohar Parrikar in New Delhi on 22.04.2015. The news published in the media as follows…
Ex-servicemen Meet Union Minister

Delegates of the National Ex-servicemen Coordination Committee, led by chairman Thaneswar Sen, vice-chairman V S John and secretary general V N Mishra, discussing the OROP issue with Defence Minister Manohar Parrikar in New Delhi on Wednesday

KOCHI:Delegates of the National Ex-servicemen Coordination Committee met Defence Minister Manohar Parrikar at his office in New Delhi on Wednesday and took up the issue of ‘One-Rank-One-Pension’ (OROP), which is pending before the Ministry for some time.

The Committee briefed the Minister about the concerns of the ex-servicemen community over the non-implementation of the OROP scheme by the Defence Ministry, though he had promised prompt action at a meeting held on March 18.

National Ex-servicemen Coordination Committee vice-chairman V S John, who was part of the delegation, said the Minister assured that all modalities and formalities to implement the One-Rank-One-Pension scheme were completed for issuing order. However, the Minister said the matter required a second approval from the Parliament. “The Minister was very considerate of the Pension of Personnel Below Officer Rank issue, and assured that he would obtain the approval of Parliament in the current session itself. The orders to implement the decisions will be issued before the current Parliament session concludes,” he said.

Read more at: www.newindianexpress.com

Declaration of Assets and Liabilities by public servants under section 44 of the Lokpal and Lokayuktas Act, 2013 – extension of last date for filing of revised returns by public servants who have filed property returns under the existing service rules – regarding

No. 407/12/2014-A VD-IV(B)
Bharat Sarkar/Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
New Delhi, the 25th April, 2015
Office Memorandum

Subject: Declaration of Assets and Liabilities by public servants under section 44 of the Lokpal and Lokayuktas Act, 2013 – extension of last date for filing of revised returns by public servants who have filed property returns under the existing service rules – regarding

The undersigned is directed to refer to this Department’s D.O. letter of even number dated 29th December, 2014 regarding the furnishing of information relating to assets and liabilities by public servants under section 44 of the Lokpal and Lokayuktas Act, 2013 and forwarding therewith copies of the Central Government’s notifications dated 26th December, 2014 containing –

(a) amendment to the Lokpal & Lokayuktas (Removal of Difficulties) Order, 2014, for the purpose of extending the time limit for carrying out necessary changes in the relevant rules relating to different services from “three hundred and sixty days” to “eighteen months”, from the date on which the Act came into force, i.e., 16th January, 2014; and

(b)the Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Amendment Rules, 2014, extending the time limit for filing of revised returns by all public servants from 31st December, 2014 to 30th April, 2015.

2. In this regard, the undersigned is directed to convey that the last date for filing of revised returns by public servants under the rules indicated in para I (b) above has now been further extended from 30th April, 2015 to 15th October, 2015.. Formal amendments to the Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Rules, 2014 and to the Lokpal & Lokayuktas (Removal of Difficulties) Order, 2014 are being notified separately. They will also be uploaded on the website of this Department, i.e., http://persmin.nic.inlDOPT.asp.

3. All Ministries/Departments and cadre authorities are requested to kindly issue orders towards ensuring compliance with the revised Rules by all officers and staff In the respective Ministry/Department/Organisations/PSUs under their control, within the revised time-limit mentioned therein.
(Jishnu Barua)
Joint Secretary to the Govt. of India
Tele: 23093591
To
1. All Secretaries to the Govt. of India (as per standard mailing list)
2. All Chief Secretaries of State Governments
3. All Administrators of the Union Territories

Copy for information and with a request for similar action, forwarded to:
(i) Secretary General, Lok Sabha
(ii) Secretary General, Rajya Sabha
(iii) Comptroller and Auditor General oflndia
(iv) Secretary, Election Commission of India

Copy also to-
(I) Additional Secretary (S& V) with a request to take immediate necessary action for amendments/modification of AIS (Conduct) Rules and their implementation.
(2)Joint Secretary (Estt.) with a request to take immediate necessary action for amendments/modification of CCS (Conduct) Rules, 1964 and their implementation.

Click here for Original Order

UNCLAIMED AMOUNT UNDER VARIOUS POSTAL SAVINGS SCHEMES

UNCLAIMED AMOUNT UNDER VARIOUS POSTAL SAVINGS SCHEMES

GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
DEPARTMENT OF POSTS
RAJYA SABHA
UNSTARRED QUESTION NO.179
TO BE ANSWERED ON 24TH APRIL, 2015
UNCLAIMED AMOUNT UNDER VARIOUS POSTAL SAVINGS SCHEMES
179. SHRI D. RAJA:

Will the Minister of COMMUNICATIONS AND INFORMATION TECHNOLOGY be pleased to state:
(a) whether thousands of crores of rupees are held up in post offices as unclaimed amount in the post office savings, Public Provident Fund accounts etc.;
(b) if so, the details under various schemes and the main reasons therefor;
(c) whether the main reason therefor is name of nominee not given at the time of opening the account and hassles of completing other court procedures for claiming the amount by the dependents of the deceased account holders; and
(d) if so, the measures proposed to be taken to make the procedure to claim the amount by genuine dependents hassle-free?
ANSWER
THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
(SHRI RAVI SHANKAR PRASAD)

(a) Yes Sir.
(b) Scheme-wise figures are given in Annexure. Main reason for unclaimed amount is non withdrawal of money by depositors after maturity of their investment in Small Savings Schemes, discontinued long back.
(c) No Sir.
(d) Does not arise in view of (c) above.

Scheme – wise details of unclaimed amount in Post Office Savings Bank

S. No. Scheme Amount in Rs. crores
1 Mahila Samriddhi Yojna 3.10
2 Fixed Deposit 24.20
3 15 year Cumulative Time Deposit 12.54
4 Indira Vikas Patra 894.59
5 National Development Bonds 0.18
6 National Defence Certificate 0.22
7 10 years National Defence Deposit Certificate 0.54
8 10 years National Plan Savings Certificate 0.31
9 5 years National Savings Certificate 60.02
10 National Savings Certificate (III) 1.13
11 National Savings Certificate (IV) 3.78

Total 1000.61

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