NJCA DECIDED INDEFINITE STRIKE FROM 11th APRIL 2016

NJCA DECIDED INDEFINITE STRIKE FROM 11th APRIL 2016

Meeting of the National Joint Council of Action (Railways, Defence, Postal, Confederation) held on 08th February 2016 unanimously decided to serve indefinite strike notice on 11th March 2016 and to commence indefinite strike from 11th April 2016.

Further details will follow.

M.Krishnan

Secretary General

Confederation of Central Govt. Employees & Workers

e-mail:mkrishnan6854@gmail.com

Mob:09447068125

Source : http://confederationhq.blogspot.in/

Seventh Pay Commission: Good News! PMO orders to speed up process; notification soon

Seventh Pay Commission: Good News! PMO orders to speed up process; notification soon

New Delhi, Feb 6: This will definitely cheer up all the central government employees who are disappointed at the moment as government is delaying the implementation of Seventh Pay Commission. Sources say that after One Rank One Pension, notification for 7th CPC could be released in coming months.

Reportedly, Prime Minister Narendra Modi has ordered officials to speed up review process so that it could be implemented soon. Modi has asked Committee of Secretaries to provide maximum benefits to central staff.

Cabinet Secretary P K Sinha headed empowered committee which was appointed to overview whole process has been told to accept pay commission's recommendations without diluting them.

PMO wants committee to review all the recommendations as soon as possible, so that Cabinet could take final decision over the same.

One of the officials was quoted by the Express News as saying, "The committee has been told to address the genuine concerns raised by stakeholders and accommodate their demands as much as possible. Although, there is indication that the committee may suggest some changes keeping in mind representations from middle and junior level, the decision will be taken after consultations with all the stakeholders. The entire process will take a couple of months".

Meanwhile, reports also say that in coming months, notification for 7th pay commission could be issue. A Finance Ministry source was quoted by news reports as saying, "One Rank One Pension (OROP) is now going to be implemented after notification. Hence Finance Ministry will issue the notification of ‘Pay Commission award' in forthcoming months".

Source :http://www.oneindia.com

7.6% GDP says govt policies, reforms showing results: Finmin

7.6% GDP says govt policies, reforms showing results: Finmin

New Delhi: The Finance Ministry today said the projected 7.6 per cent growth rate for current fiscal is satisfactory and is a reflection of the policies and reform measures undertaken by the government in last 19 months.

“Overall, what is important is the direction of the numbers… There is improvement in the numbers which is quite satisfying.

“The policies and the reform measures the government has undertaken in last one and half years are beginning to show results. The policies and reform measures will continue,” Economic Affairs Secretary Shaktikanta Das told reporters.

He was reacting to the advance estimates for national income of 2015-16 fiscal by the Central Statistics Office (CSO) which today projected the GDP growth rate at 7.6 per cent.

According to the data, the economy grew at 7.6 per cent in first quarter, 7.7 per cent in second quarter and 7.3 per cent in the third quarter ending December 31, 2015.

“Especially satisfying and noteworthy is the industrial growth with special focus on manufacturing. Agriculture continues to be a matter of concern because of consecutive drought. Overall the direction of the numbers is very positive,” Das said.

The CSO’s estimate of 7.6 per cent growth in current fiscal is higher than the projection by RBI, Finance Ministry and IMF.

While RBI projected a growth rate of 7.4 per cent, Finance Ministry’s mid-year economic review had estimated the growth to be between 7-7.5 per cent.

Besides, IMF had said India will clock 7.3 per cent growth in 2015-16 and ADB projected it at 7.4 per cent.

PTI