Sunday, February 21, 2016

7th Pay Commission pay proposed – only 14.3% increase while 6CPC allowed 54% – NFIR

NJCA demands for fixing minimum pay of Central Government Employees at Rs.26,000. NFIR, one of the Railway Employees Associations which is a part of NJCA reports on representation made before 7th Pay Commission Implementation Cell and calls for the support of Central Government Employees for the all India Strike planned on 11th April 2016. 7th Pay Commission pay proposed – only 14.3% increase...

Budget 2016 expectations: From OROP, 7th Pay Commission overhang to sectoral impact, here are 10 points to note

Budget 2016 expectations: From OROP, 7th Pay Commission overhang to sectoral impact, here are 10 points to note 1. The FM’s priority in the 2016-17 budget will be higher growth, with fiscal rectitude, we believe. With the private sector capex yet to pick up, he will budget for higher plan capital expenditure (investments), in addition to the higher spends on OROP and 7th Pay Commission, which...

Budget 2016: After its 7th Pay Commission Rs 40,000 crore ‘request’ denied, Indian Railways wants FinMin to bear PSO bill

Budget 2016: After 7th Pay Commission Rs 40,000 crore request of Indian Railways was denied, Rail Ministry Rail Ministry wants cost of its Public Service Obligations in 2016-17 to be shared by the finance ministry – Indian Railways has demanded that Budget 2016 bear the PSO cost. The PSO, sources said, includes a part of passenger subsidies but not all of it, as the Indian Railways is still...

Good news for Central Government Employees! DA likely to be hiked to 125% from existing 119%

Good news for Central Government Employees! DA likely to be hiked to 125% from existing 119% New Delhi: Narendra Modi government is likely to hike dearness allowance (DA) by 6 percent to 125 percent. The likely increase in dearness allowance by six percent to 125 percent from existing 119 percent would benefit over 10 million central government employees and pensioners. The new rate of DA...

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