Rate of Dearness Allowance applicable w.e,f 01.01.2018 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/Grade Pay as per 6th CPC & 5th CPC

Rate of Dearness Allowance applicable w.e,f 01.01.2018 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/Grade Pay as per 6th CPC & 5th CPC.

File No.2-16/2017-PAP
No.2-16/2017-PAP [E-3070642]
Government of India
Ministry of Communications
Department of Posts
[Establishment Division / PAP Section]

Dak Bhawan, Sansad Marg
New Delhi - 110 001
Dated: -04.05.2018

To
All Chief Post Masters General,
All Post Masters General
All General Managers (Postal Accounts & Finance),
All Directors of Accounts (Postal),
The Director, Rafi Ahmed Kidwai National Postal Academy, Ghaziabad, U.P. All Directors of PTCs

Subs.
1. Rate of Dearness Allowance applicable w.e,f 01.01.2018 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/Grade Pay as per 6th Central Pay Commission.

2. Rate of Dearness Allowance applicable w.e.f 01.01.2018 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/Grade Pay as per 5th Central Pay Commission.

I am directed to forward herewith the copy of DOE, MOF vide its OM No.1/3/2008-E.II(B) dated 28th March, 2018 on the subjects cited above for kind information and further necessary action at your end.

End.: As above.

[K. V. Vijaykumar]
Asstt. Director General [ESTT.]

No. 1/3/2008-E.II(B)

Government of India
Ministry of Finance
Department of Expenditure

New Delhi.
dated the 28th March, 2018.

OFFICE MEMORANDUM

Subject: Rate of Dearness Allowance applicable w.e.f. 01.01.2018 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/Grade Pay as per 6th Central Pay Commission

Dearness Allowance : 5th CPC & 6th CPC

The undersigned is directed to refer to this Department's O.M. of even No dated 26th September, 2017 regarding revision of the rate of Dearness Allowance w.e.f 01.07.2017 in respect of employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/Grade Pay as per 6th Central Pay Commission.

2. The rate of DA admissible to above categories of employees of Central Government and Central Autonomous Bodies shall be enhanced from the existing 139% to 142% w.e.f. 01.01.2018.

3. The provisions contained in paras 3. 4 and 5 of this Ministry's 0.M.No.1(3)/2008-E.11(5) dated 29th August: 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

4. The contents of this Office Memorandum may also be brought to the notice of all organisations under the administrative control of the Ministries/Departments which have adopted the Central Government scales of pay.

S/d,
(Nirmala Dev)
Deputy Secretary to the Govt. of India

To
All Ministries/Departments of the Government of India (as per standard distribution list).

No. 1/3/2008-E.II(B)

Government of India
Ministry of Finance
Department of Expenditure

New Delhi,
dated the 28th March,2018

OFFICE MEMORANDUM

Subject: Rate of Dearness Allowance applicable w.e.f. 01.01.2018 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scales as per 5th Central Pay Commission.

The undersigned is directed to refer to this Department's O.M. of even No. dated 26th September, 2017 regarding revision of the rate of Dearness Allowance w.e.f 01.07.2017 in respect of employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scales as per 5th Central Pay Commission

2. The rate of DA admissible to above categories of employees of Central Government and Central Autonomous Bodies shall be enhanced from the existing 268% to 274% w.e.f. 01.01.2018.

3. The provisions contained in paras 3, 4 and 5 of this Ministry s 0.M.No.1(13)197-E.II(B) dated 3rd October, 1997 shall continue to be applicable while regulating Dearness Allowance under these orders.

4. The contents of this Office Memorandum may also be brought to the notice of all organisations under the administrative control of the Ministries/Departments which have adopted the Central Government scales of pay. 1

S/d,
(Nirmala Dev)
Deputy Secretary to the Govt. of India

To
All Ministries/Departments of the Government of India (as per standard distribution
list).

Grant of Dearness Relief in the 5th CPC series effective from 01.01.2018 to CPF beneficiaries in receipt of ex-gratia payment

Grant of Dearness Relief in the 5th CPC series effective from 01.01.2018 to CPF beneficiaries in receipt of ex-gratia payment

Dearness Relief

F.No.42/06/2018-P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners' Welfare

3rd Floor, Lok Nayak Bhawan
Khan Market, New Delhi
Dated 19th Apri1,2018

OFFICE MEMORANDUM

Sub :- Grant of Dearness Relief in the 5th CPC series effective from 01.01.2018 to CPF beneficiaries in receipt of ex-gratia payment - reg

In continuation of this Department's OM No.42/15/2016-P&PW(G) dated 13.10.2017, the President is pleased to decide that the Dearness Relief w.e.f 01.01.2018 to the CPF beneficiaries in receipt of ex-gratia payment shall be paid in the following manner

(i) The surviving CPF beneficiaries who have retired from service between the period 18.11.1960 and 31.12.1985, and were sanctioned ex-gratia @ Rs. 600/ p.m. w.e.f. 1.11.1997 under this Department's OM No. 45/52/97-P&PW(E) dated 16.12.1997 and revised to Rs.3000, Rs.1000, Rs.750 & Rs.650 for Group A, B, C & D respectively w.e.f 4th June,2013 vide OM No. 1/10/2012-P&PW(E) dtd. 27th June, 2013 shall be entitled to enhanced Dearness Relief from 268% to 274% w.e.f 01.01.2018.

(ii) The following categories of CPF beneficiaries who are in receipt of ex-gratia payment in terms of this Department's OM No. 45/52/97-P&PW(E) dated 16.12.1997 shall be entitled to enhanced Dearness Relief from 260% to 266% w.e.f 01.01.2018.

(a) The widows and eligible children of the deceased CPF beneficiary who had retired from service prior to 1.1.1986 or who had died while in service prior to 1.1.1986 and were sanctioned ex-gratia payment of Rs. 605/- p.m. and revised to Rs.645/-p.m w.e.f 04 June, 2013 vide OM No 1/10/2012-P&PW(E) dated 27th June,2013.

(b) Central Government employees who had retired on CPF benefits before 18.11.1960 and are in receipt of Ex-gratia payment of Rs. 654/-, Rs.659/-, Rs.703/- and Rs.965/-

2. Payment of DR involving a fraction of a rupee shall be rounded off to the next higher rupee.

3. It will be the responsibility of the pension disbursing authorities, including the nationalized banks, etc. to calculate the quantum of DR payable in each individual case.

4. In their application to the Indian Audit and Accounts Department, these orders issue after the concurrence of 0/o C&AG.

5. This issues in pursuance of Ministry of Finance, Department of Expenditure OM No. 1/3/2008-E.II(B) dated 28th March,2018.

6. Hindi version will follow.

S/d,
(Charanjit Taneja)
Under Secretary to the Government of India

PFRDA Circular - Common Stewardship Code

PFRDA

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

B-14/A, Chhatrapati Shivaji Bhawan
Qutab Institutional Area,
Katwaria Sarai, New Delhi - 110 016.
Ph: 011-26517501, 26517503, 26133730
Fax:011-26517507
Website: www.pfrda.org.in

CIRCULAR

PFRDA/2018/01/PF/01

Date: 4th May, 2018

Subject: Common Stewardship Code

1.  National Pension System strives to provide old age income security to its subscribers of which NPS Trust is the legal owner of the funds and the Pension Funds undertaking investment of such monies as per the investment guidelines approved by the Authority. Pension Funds are expected to shoulder greater responsibility towards the subscribers/beneficiaries by enhancing monitoring and engagement with the investee companies. Such activities are commonly referred to as 'Stewardship Responsibilities' of the institutional investors and asset managers and are intended to protect the subscribers' pension wealth. Such increased engagement is also seen as an important step towards improved corporate governance in the investee companies and gives a greater fillip to the protection of the interest of subscribers in such companies.

2. In view of the above, in consultation with Securities and Exchange Board of India (SEBI) and Insurance Regulatory and Development Authority of India (IRDAI), a proposal for introducing a Stewardship Code in India was examined by a sub¬committee of the Financial Stability and Development Council (FSDC) and approved.

3. All the Pension Funds under the NPS architecture shall follow the Stewardship Code as placed at Annex including the voting policy dated 20.04.2017, which is already recognized in such principles and is effective.

4. The principles (other than voting policy which is already in effect) enumerated in the Code shall be effective from the date of issuance.

5. This Circular is issued in exercise of the powers conferred under Sections 14 (1) read with 14 (2) (a) & (b) of the Pension Fund Regulatory and Development Authority Act, 2013.

6. This Circular is available at www.pfrda.org.in/ under the link "Regulatory Framework- Circulars".

S/d,
(Venkateswarlu Peri)
Chief General Manager

To
Pension Funds registered with PFRDA

DoPT: Review of the Recruitment Rules/Service Rules (RRs/SRs)

DoPT: Review of the Recruitment Rules/Service Rules (RRs/SRs)

F.No.AB-14017/14/2018-Estt.(RR)(3139661)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
Establishment-I Division

North Block, New Delhi
Dated: 08th May 2018

Office Memorandum

Subject: Review of the Recruitment Rules/Service Rules (RRs/SRs) - reg.

DOPT vide OM AB-14017/14/2018-Estt.(RR) dated 31.12.2010 issued instructions laying down guidelines for framing/ amendment/relaxation of Recruitment Rules. Para 3.1.5 Of the guidelines provide that the recruitment/ rules should be reviewed once in 5 years with a view effecting such change as are necessary to bring them in conformity with the changed position, including additions to or reductions in the strength of the lower and higher-level posts. Subsequently, this Division vide OM No. AB-14017/61/2008-Estt.(RR) dated 25.03.2014 re-iterated these instructions.

2. However, it has come to the notice of this Department that many Ministries/Departments are not undertaking the aforesaid exercise as stipulated. Resultantly, recruitment/promotion of officers/ employees are continued to be made on the basis of RRs which are not updated and continued to reflect old positions. It is a matter of concern that the decisions taken by the Government on the basis of pay Commission Recommendations, Court directions, Expert Committee Recommendations etc remain un-reflected in the relevant RRs/SRs

3. Since RRs are statutory in nature and all promotions/appointments are made as the provisions in the RRs/SRs, it is imperative that the RRs/SRs are updated in accordance with DoP&T instructions issued from time to lime. In view of this, Ministries/Departments are impressed upon to immediately undertake the exercise for review Of existing RRs/SRs which have not been amended in the last five years and intimate this Department about the outcome of the exercise so undertaken.

sd/-
(Shukdeo Sah)
Under Secretary to the Govt. or India

Source: DoPT

DoPT: Revision of Provisional pension sanctioned under Rule 69 of the CCS (Pension) Rules, 1972

Revision of Provisional pension sanctioned under Rule 69 of the CCS (Pension) Rules, 1972

No.25014/06/2016.AIS-II

Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel & Training

North Block. New Delhi - 110001
Dated the 18th April 2018

To
The Chief Secretaries of all the
State Governments and UTs.

Subject: Revision of Provisional pension sanctioned under Rule 69 of the CCS (Pension) Rules, 1972.

Sir,

I am directed to refer to the Department of Pension and Pensioner Welfare's OM No. 38/49/16-P&PW(A) dated 12th February, 2018 (copy enclosed) regarding "Revision of Provisional pension".

2. The applicability of the provisions of the aforesaid OM regarding grant of Provisional Pension sanctioned under Rule 69 of the CCS(Pension) Rules, 1972 has been considered by this Department and it has been decided to make the provisions of the aforesaid Office Memorandum of Department of Pension and. Pensioner Welfare regarding "Revision of Provisional Pension" applicable mutatis-mutandis, to the All India Service Pensioners to whom provisional pension was sanctioned under Rule 6 of All India Service(Death-Cum Retirement-Benefits) Rules, 1958.

Yours faithfully

S/d,
(Jyotsna Gupta)
Under Secretary to Government of India

No.38/49/16-P&PW(A)

Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel & Training

3rd floor, Lok Nayak Bhavan,
Khan Market, New Delhi
Dated the 12th February ,2018

Office Memorandum

Sub:- Revision of provisional pension sanctioned tinder Rule 69 of the CCS (Pension) Rules, 1972

The undersigned is directed to say that in implementation of the decision taken on the recommendations of the 7th CPC, orders were issued vide this Departments' OM No. 38/37/2016- P&PW(A)(ii) dated 04.08.2016 for revision of pension of pre-2016 pensioners/family pensioners w.e.f 01.01.2016 by multiplying the pre-revised pension/family pension by a factor of 2.57. Subsequently, vide OM No: 38/37/20 I6-P&PW(A) dated 12.05,2017, it has been decided that the pension/family pension of all Central civil pensioners/Family pensioners, who retired/dial prior to 01.01.2016, may be revised w.e.f. 01.01.2016 by notionally fixing their pay in the pay matrix recommended by the 7 th CPC in the level corresponding to the pay in the pay scale/pay band and grade pay at which they retired/died.

2. Instructions were issued vide this Department's OM of even number dated 30.11.2016 for extending the benefit of OM dated 4.8.2016 to the following categories of pensioners drawing provisional pension under Rule-69 of the CCS (Pension) Rules, 1972,

(i) Retired before 1,1.2016 and sanctioned provisional pension under Rule-69 of the CCS (Pension) Rules on account of departmental/judicial proceedings or suspension.

(ii) Suspended before 1,1.2016 and sanctioned provisional pension, based on their pre-revised pay under Rule-69 of the CCS (Pension) Rules on retirement on or after 1.1.2016.

3. It has now been decided that provisional pension sanctioned in the above cases may be revised w.e,f. 1,1.2016 in accordance with the instructions contained in this Department’s OM No.38/37/2016-P&PW(A) dated 12th May, 2017. Higher of the two formulations i.e. OM dated 4.8.2016 or OM dated 12.5.2017 would he the revised provisional pension 1.1.2016 in such  cases.

4. This issues with the approval of Department of Expenditure. Ministry of finance ID N0.1(21)/E-V/2016 dated 15,01.2018.

5. Hindi version will follow.

Enc. a. a.

S/d,
(Harjit Singh)
Director

To
All Ministries/Departments as per standard list attached.
Source: DoPT

Clarification regarding making dual charge arrangement under 7th CPC

Railways : Clarification regarding making dual charge arrangement under 7th CPC

GOVERNMENT OF INDIA (Bharat Sarkar)
MINISTRY OF RAILWAYS (Rail Mantralaya)
(RAILWAY BOARD)

No.F(E)Spl./2009/FR/1/3(Part)

New Delhi, Dated 27-04-2018

The General Secretary
National Federation of Indian Railwaymen
3,Chemsford Road, New Delhi - 110 055.

Subject: Clarification regarding making dual charge arrangement under 7th CPC- reg.
Ref: NFIR's letter No.1/5(g)/Part VI dated 16.04.2018.

The undersigned is directed to refer to your letter under reference and to advise that the matter is under active correspondence with DoP&T for laying down of detailed guidelines for grant of additional post allowance in place of the erstwhile dual charge allowance.

Yours sincerely
S/d,
For secretary/Railway Board

Source: NFIR

Railway: Cases of promotion taking place in the pre-revised pay structure between 01-01-2006 and the date of notification of RS(RP)Rules, 2008 and the subsequent merger of the pre-revised pay scales of the promotional and the feeder posts in a common Grade fixation of pay clarifications

Railway - Cases of promotion taking place in the pre-revised pay structure between 01-01-2006 and the date of notification of RS(RP)Rules, 2008

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

NO.PC-VI/2015/IC/1

New Delhi, Dated: 27-04-2018

The General Manager (P)
All Zonal Railways/Production Units
[NCR, EGR, SCR, NFR, WCR, SER, WR, NWR, NER, ER, CR, SECR, SWR, SR, ECR, NR, RCF, DLW, CLW, DMW, RWF, ICF, RDSO, METRO RL4]

Sub: Cases of promotion taking place in the pre-revised pay structure between 01-01-2006 and the date of notification of RS (RP) Rules, 2008 and the subsequent merger of the pre-revised pay scales of the promotional and the feeder posts in a common Grade fixation of pay clarifications.

Ref: Railway Board's letter No.PC-VI/2015/IC/1 dated 08-04-2016(RBE No.33/2016)Circulating Ministry of Finance's O.M.No.F-2-1/2015-E.III(A) dated 16-10-2015

Attention is invited to Board's letter dated 08-04-2016 (RBE No.33/2016) by which instructions contained in M/o Finance's OM dated 16-10-2015 have been applied mutatis mutandis on Indian Railways. In the M/o Finance's OM dated 16-10-2015, the cut-off date for applicability of instructions contained has been mentioned as 29-08-2008 at one place and 29-09-2008 at another place of para 5 of the said OM. This seems to have caused confusion in some Railway/Units and some requests for clarifications have been made to Board's office on the issue.

2. The date of notification of CCS (RP) Rules,2008 was 29-08-2008 and therefore, as per M/O Finance OM dated 16-10-2015, the pay fixation benefit was available in cases of promotion occurring between 01-01-2006 till 29-08-2008 where feeder and promotional grades were subsequently merged in 6th CPC. The date 29-09-2008 mentioned in para 5 of M/o Finance's OM NO.F-2-1/2015-E.III(A) dated 16-10-2015 is therefore evidently a typographical error which should logically be read as 29-08-2008. In any case, the cut -off date for applicability of provisions contained in letter dated 08-04-2016 (RBE NO.33/2016) in context of Railway employees is 04-09-2008 (i.e dated of notification of RS(RP)Rules,2008) as has already been explicitly clarified by Ministry Of Finance vide their OM No.530744/E III-A/2017 dated 20-11-2017 to this office. It was based on this clarification that Board's letter No.PC-VI/2015/IC/1 (RBE No.196/2017) was issued on 29-12-2017.

S/d,

(S.Balachandra Iyer)
Executive Director/Pay Commission-II
Railway Board.

Source: NFIR

OFB: Clarification regarding ACP/MACP

OFB: Clarification regarding ACP/MACP

Clarification regarding ACP/MACP in r/o SAT/SCT
No.Pay/Tech-I/01(^th CPC) ACP

Dated: 3/05/2018

To
All Controllers of Finance & Accounts (FYS)
& Br. AOs
Sub: Clarification regarding ACP/MACP in r/o SAT/SCT
A copy Of OFB letter No. 01/6th CPC/MACP/Per/Policy dated 11.04.2018 regarding clarification for grant of financial up-gradation to departmental candidates of SAT/SCT Scheme is forwarded herewith for information and necessary action / compliance, please.

Encls: As Above.

sd/-
Asstt Controller of Accounts (FYS.)

Source: http://pcafys.nic.in/

11th Bipartite Talks: Meeting at DFS on 2nd May 2018

MEETING AT DFS TODAY - 2ND MAY 2018

ALL INDIA STATE BANK OFFICERS' FEDERATION
(Registered under the Trade Unions Act 1926, Registration No: 727/MDS)
State Bank Buildings, St. Mark's Road, Bangalore - 560 001

CIRCULAR NO. 36

DATE: 03. 05. 2018

TO ALL OUR AFFILIATES/MEMBERS:

MEETING AT DFS TODAY - 2ND MAY 2018

We reproduce hereunder the text of AIBOC Circular No. 2018/15 dated 2nd May, 2018 contents of which are self-explicit.

(Y. SUDARSHAN)
GENERAL SECRETARY

TEXT
QUOTE: The Finance Ministry invited us for a discussion based on the memorandum we had submitted to Department of Financial Services and RBI. The meeting took place at the Office of Mr. Ravi Mittal, Additional Secretary Finance. Mr. Amit Agarwal, Joint Secretary, DFS also joined.
Discussions were held on the following issues:
1. Wage Revision:  The talks have resumed but the issue of Mandate and Quantum has to be settled. Lady Officer's issues were to be taken care.
The response was positive. The addl. Secretary said “Your arguments are well taken. We will see what best can be done”
2. Appointment of Officer Director / Employee Director: The response was that steps have been taken.
3. Implementation of the recommendation of Parliament Standing Committee on NPA: The response was that the Standing Committee is going to come up with fresh recommendations soon.
4. Levy for Tax on Net Profit: The response was that it will be explored with the concerned ministries.
5. Tax on CRR: The response was that it is an issue RBI has to decide.
6. Reimbursement of Expenditure on Govt Schemes:  No response
7. Cross Selling: The response was very positive. The officials are also of the opinion that the income should be credited to the Banks commission account.
8. Review of RBI Policies; PCA, NCLT etc: Now no proposal for Bad Bank. The issues are to be taken up with RBI.
9. Service Tax on Banks for on Services Charges waived: The response was that efforts are on to solve the issue.
10. Superannuation Benefits: We have submitted detailed memorandum related to various issues concerning superannuation benefits.
11. General: The Banking Sector may take another two years to get rid of the problems. Image of the Banking system has to be restored by all of us together.
Comrades, this is the first time we were invited for an official discussion. The discussions were positive. The dialogue should continue.

Comradely yours,
Sd/-
(D. T. FRANCO)
GENERAL SECRETARY

Encl: Copy of the letter submitted to DFS today.

Text of letter No. AIBOC/2018/28 dated 01. 05. 2018
The Additional Secretary,
Department of Financial Services
Govt of India
NEW DELHI

Dear Sir,

Issues affecting Banking Sector
Thank you very much for inviting us for a discussion. We thank the Ministry for the following:
1. The IBA has called us for the Wage Negotiation on 5th May 2018 after our meeting with the Secretary, DFS on 21. 03. 2018.
2. The implementation of Ind As has been deferred by one year giving small relief to Banks.
3. RBI has reduced the provision for accounts transferred to NCLT by 40% instead of 50%.
4. The provision for Investment Fluctuation has been allowed to be spread for 4 quarters instead of one.
However the following issues remain and we request your urgent intervention.

Wage Revision: The issue of restricted mandate has not been settled yet. SBI, PNB, UBI, Indian Bank, CBI and BOB have given restricted mandate. This requires your personal intervention.
There is widespread disenchantment with the salary structure. Recently Karnataka, Andhra Pradesh and Telengana Govts. have given a good salary hike. Hence, we request your intervention for a decent wage hike without looking at the Net Profit as Banks are instrumental in implementing the Govt. schemes without any compensation. Moreover, in the last 3 years Banks have written off Rs. 2,41,000 Crores and our Wage Revision cost will be negligible in comparison. Without employee satisfaction the Banks can't grow.

The starting basic of an officer in Govt is Rs. 56100/-
The starting basic of an officer in RBI is Rs. 35150 /-
The starting basic of an officer in LIC is Rs. 33745/-
The starting basic of an officer in Bank is Rs. 23700/-

Basic Pay is crucial for everything including superannuation. Hence we request that it should be similar to that of the Central Govt. Officers as presented by the Pillai Committee.
Our other demands are:

i) Five Day Week
ii) Regulated Working Hours
iii) Child care leave for ladies with salary
iv) Crèche facility
v) Assured Pension etc.

[Copy of Charter of Demands & Further Notes submitted to IBA enclosed]

Appointment of Officer Director / Employee Director. At present no Public Sector Bank has an Officer Director or Employee Director.
Implementation of the Recommendation of the Parliament Standing Committee on NPA. If the recommendations are implemented the entire Banking Industry can be saved. (Copy of the Report enclosed)

Please don't levy tax on Gross Profit. The tax should be on net profit. RBI should provide interest on CRR which at present is almost one lakh crores. This will help the Banks.

Reimburse Expenditure on Govt Schemes. The expenditure on Jandhan, Pension Yojana and other Govt Schemes if reimbursed will help the Banks.

Stop Cross Selling: In the name of Universal Banking we have allowed Banks to sell insurance, Mutual Funds & other products. The huge incentive has lead to misselling. Please intervene. (Note Enclosed)

Review PCA: The 11 banks under PCA have not improved their performance. Hence a review is needed.

Review IBC & NCLT: Both have created lot of problems. They are not helping Banks but benefit the defaulters and new purchasers of the companies. Urgent steps are needed.

Yours faithfully,
Sd/-
D. T. Franco
General Secretary
Encl: As above

Source: http://aisbof. org/

UPSC: Civil Services (Preliminary) Examination - 2018

UPSC: Civil Services (Preliminary) Examination - 2018

07 MAY 2018

Union Public Service Commission will be conducting the Civil Services (Preliminary) Examination-2018 on 03.06.2018 (Sunday) all over India. The Commission has uploaded the e‑Admit Card for the convenience of the admitted candidates on its website (http://www.upsc.gov.in). The candidates are advised to download their e-Admit Cards and take a printout thereof. The admitted candidates will have to produce the printout of their e-Admit Card at the allotted Venue for appearing at the Examination.

In case the photograph is not clear, blurred or not available on the e-Admit Card, candidates will have to carry two (2) identical photographs (one photograph for each Session) along with proof of Identity such as Aadhaar Card, Driving License, Passport, Voter ID Card etc. and the printout of e-Admit Card at the Venue of the Examination for appearing at the Examination with an undertaking. No paper Admit Card will be issued for this Examination. In case of any discrepancy in the e-Admit Card, the same may be communicated to the Commission immediately by email (at email ID uscsp-upsc@nic.in) for taking the decision in the matter.

The candidates are advised to take a printout of the e-Admit Card well in advance to avoid the last minute rush. "Important Instructions to the candidates" must be read carefully by the candidates.
It may also be noted that entry into the Examination Venue shall be closed 10 minutes before the scheduled commencement of the Examination i.e. 09:20 A.M. for the Forenoon Session and 02:20 P.M. for the Afternoon Session. No candidate shall be allowed the entry into the Examination Venue after closure of the entry.

Candidates should also note that they shall not be allowed to appear at any other Examination Venue except the Examination Venue mentioned in the e-Admit Card.

Candidates are also advised to bring Black Ball Point Pen as the candidates shall be required to fill the OMR Answer Sheets and Attendance List with Black Ball Point Pen only.

Candidates may submit representations, if any, on the questions asked in the Question Papers of this Examination to the Commission through the "Online Question Paper Representation Portal (QPRep)" only by accessing the URL: http://upsconline.nic.in/miscellaneous/QPRep/ during the period from 4th-10 June, 2018. No representation through any other mode and after 10th June, 2018 shall be accepted by the Commission.

Mobile phone, (even in switched off mode), pager or any electronic equipment or programmable device or storage media like pen drive, smart watches etc. or camera or Bluetooth devices or any other equipment or related accessories either in working or switched off mode capable of being used as a communication device and calculator are banned inside the Examination Hall. Any infringement of these instructions shall entail disciplinary action against the concerned candidates including debarment from future Examination / Selection.

Valuable / costly items and bags are also not allowed inside the Examination Venue.

PIB