Thursday, November 9, 2017

House Building Advance 2017 - Central Government Employees

House Building Advance 2017 - Central Government Employees

House Building Advance 2017 - Central Government Employees


The Government has revised the House Building Advance (HBA) rules for Central Government Employees incorporating the accepted recommendations of the 7th Pay Commission. Following are the salient features of the new rules:

1. The total amount of advance that a central government employee can borrow from government has been revised upwards. The employee can up to borrow 34 months of the basic pay subject to a maximum of Rs. 25 lakhs (Rs. Twenty Five Lakhs only), or cost of the house/flat, or the amount according to repaying capacity, whichever is the least for new construction/purchase of new house/flat. Earlier this limit was only Rs.7.50 lakhs.

2. Similarly, the HBA amount for expansion of the house has been revised to a maximum of Rs.10 lakhs or 34 months of basic pay or cost of the expansion of the house or amount according to repaying capacity, whichever is least. This amount was earlier Rs.1.80 lakhs.

3. The cost ceiling limit of the house which an employee can construct/ purchase has been revised to Rs.1.00 crore with a proviso of upward revision of 25% in deserving cases. The earlier cost ceiling limit was Rs.30 lakhs.

4. Both spouses, if they are central government employees, are now eligible to take HBA either jointly, or separately. Earlier only one spouse was eligible for House Building Advance.

5. There is a provision for individuals migrating from home loans taken from Financial Institutions/ Banks to HBA, if they so desire.

6. The provision for availing 'second charge' on the house for taking loans to fund balance amount from Banks/ Financial Institutions has been simplified considerably. 'No Objection Certificate' will be issued along with sanction order of HBA, on employee's declaration.

7. Henceforth, the rate of Interest on Housing Building Advance shall be at only one rate of 8.50% at simple interest (in place of the earlier four slabs of bearing interest rates ranging from 6% to 9.50% for different slabs of HBA which ranged from Rs.50,000/- to Rs.7,50,000/-) .

8. This rate of interest shall be reviewed every three years. All cases of subsequent tranches/ installments of HBA being taken by the employee in different financial years shall be governed by the applicable rate of interest in the year in which the HBA was sanctioned, in the event of change in the rate of interest. HBA is admissible to an employee only once in a life time.

9. The clause of adding a higher rate of interest at 2.5% (two point five percent) above the prescribed rate during sanction of House Building Advance stands withdrawn. Earlier the employee was sanctioned an advance at an interest rate of 2.5% above the scheduled rates with the stipulation that if conditions attached to the sanction including those relating to the recovery of amount are fulfilled completely, to the satisfaction of the competent authority, a rebate of interest to the extent of 2.5% was allowed.

10. The methodology of recovery of HBA shall continue as per the existing pattern recovery of principal first in the first fifteen years in 180 monthly instalments and interest thereafter in next five years in 60 monthly instalments.

11. The house/flat constructed/purchased with the help of House Building advance can be insured with the private insurance companies which are approved by Insurance Regulatory Development Authority (IRDA).

12. This attractive package is expected to incentivize the government employee to buy house/ flat by taking the revised HBA along with other bank loans, if required. This will give a fillip to the Housing infrastructure sector.

PIB

7th CPC Pay Matrix for Teachers and Equivalent Cadres in Universities and Colleges

7th CPC Pay Matrix for Teachers and Equivalent Cadres in Universities and Colleges

Revision of pay of teachers and equivalent cadres in universities and colleges following the revision of pay scales of Central Government employees on the recommendations of the 7th Central Pay Commission.

For fixation of pay of an employee in the Pay Matrix as on 1st January, 2016, the existing pay (Pay in Pay Band plus Academic Grade Pay) in the pre-revised structure as on 31st December, 2015 shall be multiplied by a factor of 2.57. the figure so arrived at is to be located in the Academic Level corresponding to employee’s Pay Band and Academic Grade Pay in the new Pay Matrix. lf a Cell identical with the figure so arrived at is available in the appropriate Academic Level, that Cell shall be the revised pay; otherwise the next higher cell in that Academic Level shall be the revised pay of the employee. If the figure arrived at in this manner is less than the first cell in that Academic Level, then the pay shall be fixed at the first cell of that Academic Level.

Pay Matrix for Teachers and
Equivalent Cadres in Universities and Colleges
Pay Band15600 - 3910037400 - 6700067000 - 79000
Grade Pay 6000700080009000100000
lndex ofRationalization2.672.672.672.672.722.72
Entry Pay 216002579029900492005300067000
AcademicLevel10111213A1415
Rationalised
Entry Pay
577006890079800131400144200182200
259,40071,00082,2001,35,3001,48,5001,87,700
361,20073,10084,1001,39,4001,53,0001,93,300
463,00075,30087,2001,43,6001,57,6001,99,100
564,90077,60089,8001,47,9001,62,3002,05,100
666,80079,90092,5001,52,3001,67,2002,11,300
768,80082,30095,3001,56,9001,72,2002,17,600
870,90084,80098,2001,61,6001,77,4002,24,100
973,00087,3001,01,1001,66,4001,82,100
1075,20089,9001,04,1001,71,4001,88,200
1177,50092,6001,07,2001,76,5001,93,800
1279,80095,4001,10,4001,81,8001,99,600
1382,20098,3001,13,7001,87,3002,05,600
1484,7001,01,2001,17,1001,92,9002,11,800
1587,2001,04,2001,20,6001,98,7002,18,200
1689,8001,07,3001,24,2002,04,100
1792,5001,10,5001,27,9002,10,800
1895,3001,13,8001,31,7002,17,100
1998,2001,17,2001,35,700
201,01,1001,20,7001,39,800
211,04,1001,24,3001,44,000
221,07,2001,28,0001,48,300
231,10,4001,31,8001,52,700
241,13,7001,35,8001,57,300
251,17,1001,39,9001,62,000
261,20,6001,44,1001,66,900
271,24,2001,48,4001,71,900
281,27,9001,52,9001,77,100
291,31,7001,57,5001,82,400
301,35,7001,62,2001,87,900
311,39,8001,67,1001,93,500
321,44,0001,72,1001,99,300
331,48,3001,77,3002,05,300
341,52,7001,82,6002,11,500
351,57,3001,88,100
361,62,0001,93,700
371,66,9001,99,500
381,71,9002,05,500
391,77,100
401,82,400

7th CPC Revised Pay for Teachers in Universities and Colleges

7th CPC Revised Pay for Teachers in Universities and Colleges

Existing payRevised pay
Assistant Professor
(at Rs.6000 AGP in PB Rs.15,600- 39,100)
Assistant Professor
(at Academic Level 10 with rationalized entry pay of Rs.57,700/-)
Assistant Professor
(at Rs.7000 AGP in PB Rs.15,600- 39,100)
Assistant Professor
(at Academic Level 11 with rationalized entry pay of Rs.68,900/-)
Assistant Professor
(at Rs.8000 AGP in PB Rs.15,600- 39,100)
Assistant Professor
(at Academic Level 12 with rationalized
entry pay of Rs.79,800/-)
Associate Professor
(at Rs.9000 AGP in PB Rs.37,400- 67,000)
Associate Professor
(at Academic Level 13A with rationalized entry pay of Rs.1 ,31,400/-)
Professor
(at Rs.10000 AGP in PB Rs.37,400-67,000)
Professor
(at Academic Level 14 with rationalized entry pay of Rs.1,44,2001-)
Professor
(HAG Scale/ PB of Rs.67,000-79,000)
Professor
(at Academic Level 15 with rationalized entry pay of Rs.1,82,200/-)

 

Revised pay for Librarians in Universities and Colleges

Existing payRevised pay
Assistant Librarian/ College Librarian (at Rs. 6000 AGP in PB Rs. 15,600- 39,100)Assistant Librarian/ College Librarian
(at Academic Level 10 with rationalized entry pay of Rs.57,700/-)
Assistant Librarian
(Sr. Scale)/ College Librarian (Sr. Scale)
(at Rs.7000 AGP in PB Rs.15,600- 39,100)
Assistant Librarian (Sr. Scale)/ College Librarian (Sr. Scale)
(at Academic Level 11 with rationalized entry pay of Rs.68,900/-)
Deputy Librarian/
Assistant Librarian (Selection Grade)/  College Librarian (Selection Grade)
(at Rs.8000 AGP in PB Rs.15,600- 39,100)
Deputy Librarian/ Assistant Librarian (Selection Grade)/ College Librarian (Selection Grade)
(at Academic Level 12 with rationalized entry pay of Rs.79,800/-)
Deputy Librarian/
Assistant Librarian (Selection Grade)/ College Librarian (Selection Grade)
(at Rs.9000 AGP in PB Rs.37,400- 67,000)
Deputy Librarian/ Assistant Librarian (Selection Grade)/ College Librarian (Selection Grade)
(at Academic Level 13A with rationalized
entry pay of Rs. 1,31,400/-)
University Librarian (at Rs.10000 AGP in PB Rs.37,400- 67,000)University Librarian
(at Academic Level 14 with rationalized entry pay of Rs. 1,44,200/-)

Revised pay for Directorc of Physical Education & Sports in Universities and Colleges
Existing payRevised pay
Assistant Director of Physical Education &
Sports/ College Director of Physical Education & Sports (at Rs.6000
AGP in PB Rs.15,600- 39,100)
Assistant Director of Physical Education &
Sports/ College Director of Physical Education & Sports (at Academic Level 10 with rationalized entry pay of Rs.57,700/-)
Assistant Director of Physical Education & Sports (Senior Scale)/ College Director of Physical Education & Sports (Senior
Scale) (at Rs.7000 AGP in PB Rs.15,600- 39,100)
Assistant Director of Physical Education &
Sports (Senior Scale)/ College Director of Physical Education & Sports (Senior Scale)  (at Academic Level 11 with rationalized entry pay of Rs.68,900/-)
Deputy Director of Physical Education & Sports/Assistant Director of Physical Education & Sports (Selection Grade)/
College Director of Physical Education & Sports  (at Rs.8000 AGP in PB Rs.15,600- 39,100)
Deputy Director of Physical Education & Sports/Assistant Director of Physical Education & Sports (Selection Grade)/
College Director of Physical Education & Sports (at Academic Level 12 with rationalized entry pay of Rs.79,800/-)
Deputy Director of Physical Education & Sports/Assistant Director of Physical Education & Sports (Selection Grade)/
College Director of Physical Education & Sports (at Rs.9000 AGP in PB Rs.37,400- 67,000)
Deputy Director of Physical Education & Sports/Assistant Director of Physical Education & Sports (Selection Grade)/
College Director of Physical Education & Sports (at Academic Level 13A with rationalized entry pay of Rs.1,31,400/-)
University Director of Physical Education &
Sports (at Rs.10000 AGP in PB Rs.37,400- 67,000)
University Director of Physical Education &
Sports (at Academic Level 14 with rationalized entry pay of Rs.1,44,200/-)

Revision of Kilometrage rates and other Allowances for Running Staff in the wake of implementation of 7th CPC pay structure

Revision of Kilometrage rates and other Allowances for Running Staff in the wake of implementation of 7th CPC pay structure

No.IV/RSAC/Conf./Part VIII
Dated: 31/10/2017
The Secretary (E),
Railway Board,
New Delhi

Dear Sir,
Sub: Revision of Kilometrage rates and other Allowances for Running Staff in the wake of implementation of VII CPC pay structure-reg.

Ref: (i) Railway Board's OM No. E(P&A)II-2014/Misc. 3/7th CPC dated 20/10/2014.
(ii) GS/NFIR's letter No. IV/NFIR/7th CPC/Corres/Pt. V dated 15/04/2015 to Railway Board.
NFIR at the outset, conveys to Railway Board that the delay in granting upward revision of Kilometrage rates for Running staff has been causing serious disappointment and resentment among the entire category.

In this connection, NFIR invites the attention of Railway Board to the discussions held between the Federation and Board on 24th June 2015 on the issue relating to enhancement of Kilometrage Allowance rates (on the basis of Running Allowance Committee Formula) demanded by NFIR with effect from 01/01/2006. A note sheet was also given by the Railway Board to the Federation during discussion and according to the said note sheet, the Kilometrage rates were to be revised with effect from 01/01/2006, adding Rs.72.44 to the rate then existed. It was also discussed on the need for further revision of the said Kilometrage rates w.e.f. 01/09/2008, 01/01/2011 and 01/01/2014 (in view of DA factor). These matters are yet to be satisfactorily finalized inspite of discussions held on 24th June 2015.

NFIR gives again the valid points as listed below for the purpose of revising the kilometrage rates without delay:-

It is a known fact to the Railway Board that the TA factor needs to be taken into account for revising rates of Kilometrage Allowance in the case of Running Staff as per RAC formula.
The TA rate was fixed at Rs. 340/- in the year 2008 as a result of implementation of 6th CPC recommendation and the said TA was raised to Rs. 510/- due to DA linkage and now with the recommendations of 7th CPC, the TA rate has been revised to Rs. 800/-. with effect from 01.07.2017.
But the Kilometrage Allowance rate for Running Staff was fixed at Rs.169/- in the year 2008 assuming TA rate as Rs.210/- and not with the TA rate of Rs.340/- as recommended by 6th CPC, It needs to be admitted that the assumed TA rate Rs.210/- has now been raised to Rs.800/-, which works out to 3.8 times. Therefore the rate fixed in 2009 at Rs.169 should be revised by 3.8 times which works out to Rs.642/-.

Apart from the above, the rise in pay element quantum on implementation of new pay matrix needs to be reflected in the Running Allowance rate, as 30% of Pay element its also a component to decide the rate. When the 30% pay element was calculated at the minimum of pay level-6 i.e 35400, it works out to Rs.10620/-. The 30% pay element calculated on the 6th CPC minimum pay of Rs.9300 + GP 4200 works out to Rs.4050 i.e. 30% pay element component has risen to Rs.6570/-. This amount has to be divided by average KM 5100 (National Average of LP/Passenger as assumed by Railway Board) and it comes to Rs.129. So the amount Rs.642 on account of TA raise and Rs.129/- on account of raising 30% pay element – taken together, the rates comes to Rs.771/-.
NFIR however conveys that the National Average Kilometrage for Loco pilot (Passenger) recommended by the Running Allowance committee, 1980 was 3950 which was revised arbitrarily by Railway Board to 5100 to deny the benefit to Running Staff at that point of time. The Running Allowance Committee, 1980 had also recommended that TA of 21 days must be factored in. As per our statistics, at present, the National Average kilometrage of Loco Pilot (Passenger) stands at 4000 KM, that of passenger Guard at 4600 KM & and that of Assistant Loco pilot at 4000 KM.
Had the Running Allowance rate arrived at in the year 2008 been based on the recommended TA rate of Rs.340, there is some meaning on the argument of multiplying the present rate by a factor of 1.5 (as per the VII CPC recommendations)

In any case, the 7th CPC as well the Government have left this issue to the Railway Board to discuss with the Federations for reaching an agreement for revision of Kilometrage Allowance rates, therefore the 7th CPC recommendation to multiply with 1.5 or 2.25 is not at all relevant, with regard to Running Staff Kilometrage Allowance rates.

Hence, Federation gives the calculation as below:-
KMA rates of LP/Passenger
Mean Pay of L6- (35400+112400)/2 = 73900
30% of Mean Pay = 22170
21 days TA i.e, 800 x 21 = 16800
As per the RAC formula
[(30% Mean Pay + 21 days TA)/Average KM)] x 100 = [(22170 + 16800)/4000)]x100 = Rs.974/- per 100 kms.

KMA rates of Passenger Guard
Mean Pay of L6- (35400+112400)/2 = 73900
30% of Mean Pay = 22170
21 days Ta i.e, 800 x 21 = 16800
As per the RAC formula
[(30% Mean Pay + 21 days TA)/Average KM)] x 100 = [(22170 + 16800)/4600)]x100 = Rs.847/- per 100 kms.
KMA rates of Assistant Loco Pilot
Mean Pay of L2- (19900+63200)/2 = 41550
30% of Mean Pay = 12465
21 days Ta i.e, 800 x 21 = 16800
As per the RAC formula
[(30% Mean Pay + 21 days TA)/Average KM)] x 100 = [(12465 + 16800)/4000)]x100 = Rs.731/- per 100 kms.
Taking the factors as explained above, the NFIR urges that the kilometrage rate for Running Staff (Loco pilot/passenger) should be revised to not less than Rs.974/-. that of passenger Guard to Rs.847/- & that of ALP to Rs.731/- duly retaining the pay element of 55 & 30% (as has been continued since the last more than three decades when the pay scales of 4th, 5th, 6th and 7th CPC have been implemented).

Federation therefore, requests the Railways Boards to take action to revise the kilometrage rates as suggested above with retrospective effect.
Yours faithfully,
S/d,
(Dr.M.Raghavaiah)
General secretary
Source: NFIR

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