Central Government Employees get 6 per cent DA hike from January 1

Central Government Employees get 6 per cent DA hike from January 1 Dearness allowance for central government employees has been hiked to 125 per cent of basic pay, up by 6 percentage points, with effect from January 1, 2016, the Finance Ministry said today. Dearness Allowance payable to central government employees shall be enhanced from existing rate of 119 per cent to 125 per cent from January...

Discontinuation of Interview at Lower Level Posts: DoPT

F.No.39020/09/2015-Estt.B Government of India Ministry of Personnel, Public Grievance and Pensions (Department of Personnel and Training) Estt. B Section Discontinuation of Interview at Lower Level Posts The Prime Minister in his address to the nation on the Independence Day has stressed the need to discontinue holding interviews for recruitment for such junior level posts where personality...

Innovative approach: Government staff’s pay hikes may fund bank capitalisation

The government is considering an innovative proposal under which 50% of increased salary of higher-income government staff under the Seventh Pay Commission will be compulsorily invested in bank capitalisation bonds. The proceeds will be used to recapitalise banks without additional pressure on the fiscal. While this will result in less cash in the hands of higher-income employees, as a sweetener...

Good News for Pre-2006 Pensioners – Indian Military Info article

This article has been written by Indian Military Info in the backdrop of recent orders of Department of Pension for granting full Pension for Pre 2006 Pensioners with less than 33 Years Good News for Pre-2006 Pensioners – Indian Military Info article on comparison of Ministry of Personnel and Defence Ministry in dealing with Pension issues Most readers would be aware that the orders regarding calculation...

Centre notifies hike in dearness allowance to 125 % for Central Government Employees

Centre notifies hike in dearness allowance to 125 % for Central Government Employees Centre on Thursday notified its decision to raise dearness allowance (DA) to 125 per cent from 119 per cent, benefiting its 48 lakh central government employees and 52 lakh pensioners. The union cabinet had decided on March 23, to release an additional instalment of DA and dearness relief (DR) to pensioners with...

MHA for Pay on Par with Army for Paramilitary

In its presentation before the ECOS, the MHA also batted for a ‘special pay’ on par with the army. The defence forces get a special allowance in the form of military service pay (MSP) over and above their salaries. MHA for Pay on Par with Army for Paramilitary – While recommending a ‘CAPF service pay’, the home ministry said, “CAPF fulfills all attributes required for military service pay, which...