Expected DA from Jul 2014 - AICPIN for Jan 2014

Expected DA from Jul 2014 - AICPIN for Jan 2014 All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237 Consumer Price Index Numbers For Industrial Workers (CPI-IW) January 2014 According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237(two hundred and thirty Seven). On 1-month percentage change, it decreased by 0.84 per cent between December and January compared with the rise of 0.91 per cent between the same...

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Cabinet Approved 10% Hike in Dearness Allowance from January 2014 for Central Government employees and Pensioners

Cabinet Approved 10% Hike in Dearness Allowance from January 2014 for Central Government employees and Pensioners 100% Dearness Allowance for Central Government employees and Pensioners with effect from 1.1.2014 The Union Cabinet today gave its approval to release an additional installment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2014 representing an increase of 10% over the existing rate of 90% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance...

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Government approves Rs 1,000 min monthly pension under EPS-95

Government approves Rs 1,000 min monthly pension under EPS-95 Government today approved the proposal to ensure Rs 1,000 minimum monthly pension under a scheme of retirement fund body EPFO that would immediately benefit 28 lakh pensioners. The decision to provide the entitlement under Employees' Pension Scheme-95, run by the Employees' Provident Fund Organisation, was taken by the Union Cabinet in its meeting held here.The move will immediately benefit about 28 lakh pensioners including five lakh widows. There are 44 lakh pensioners. Source:...

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50% DA MERGER - Impact of Merger of 50% Dearness Allowance with Basic Pay

50% DA MERGER - Impact of Merger of 50% Dearness Allowance with Basic Pay Any possible to convert 50% of dearness allowance to dearness pay..! Everyone's pointing fingers at "Parliament Election"...! 50% DA MERGER 50% of dearness allowance had been merged with basic pay for Central Government Employees and Pensioners with effect from 1.4.2004. This was followed the recommendation of 5th Central Pay Commission and the Union Government had decided to merge 50% of dearness allowance with baisc pay and issued orders on 1.3.2004.  (61%...

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Central Government to pay the Dearness allowance for state government employees

Central Government to pay the Dearness allowance for state government employees Centre should pay DA of state govt employees as well: Mamata Kolkata, Feb 22 (PTI) Centre should come forward and pay the dearness allowance of state government employees as well, West Bengal Chief Minister Mamata Banerjee demanded today."Whenever the Centre announces DA, state government employees should be given the same on a par (with central government employees)."They (Centre) give it (to central government employees) before elections. Will others (state...

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Merger of 100% DA w.e.f. 1.1.2014 and Merger of 50% DA w.e.f. 1.1.2011

Merger of 100% DA w.e.f. 1.1.2014 and Merger of 50% DA w.e.f. 1.1.2011 demanded by Confederation of Central Government Gazetted Officers’ Organisation Central gazetted officers finalise demands A workshop organised by the Confederation of Central Government Gazetted Officers’ Organisations, Tamil Nadu region, has finalised the common minimum demands to be placed before the 7 Central Pay Commission, including a just and equitable pay at the entry level of Group ‘B’ officers.It was also agreed upon at the workshop here on Saturday to...

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Merger of Dearness allowance: AIRF Demanding Merger of 100% Dearness Allowance with Basic Pay

Merger of Dearness allowance: AIRF Demanding Merger of 100% Dearness Allowance with Basic Pay  All India Railwaymen's Federation publishes the press statement regarding the merger of Dearness allowance with basic pay. The federation demanding merger of 100% Dearness allowance with basic pay for all purposes with effect from 1.1.2014. The text of the press release has been reproduced and given below for your information... Press Release of AIRF on Merger of Dearness Allowance and Announcement of Dearness Allowance w.e.f 01.01.2014. PRESS...

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Merger of 50% DA with Pay and grant of Interim Relief - NFIR

Merger of 50% DA with Pay and grant of Interim Relief - NFIR NFIRNational Federation of Indian Railwaymen No.II/95/Pt. VI Dated: 20/02/2014 The General Secretaries ofAffiliated Unions of NFIR.Brother,Sub: Merger of 50% DA with Pay and grant of Interim Relief.NFIR has been writing to the Government of India (including Prime Minister, Finance Minister etc) for merger of 50% DA with pay through its letters dated 10/01/2013, 05/08/2013, 27/09/2013. Also in its 27th National Convention held at Visakhapatnam from 10th  to 12th December,...

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Cabinet approved terms of reference for 7th CPC, including merger of 50 per cent DA with basic pay

Cabinet approved terms of reference for 7th CPC, including merger of 50 per cent DA with basic pay As per Hindu Businessline News the Cabinet approved terms of reference for seventh pay commission. This includes merging dearness allowance above 50 per cent with basic pay. The excerpt of Hindu Businessline News is reproduced below:- Ahead of general election, the Centre today took key decisions to woo minorities and Government employees. For minorities, the Cabinet has decided to form equal opportunity commission as suggested by Sachhar...

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Cabinet likely to approve 7th CPC ToR : Inclusion of DA Merger and Interim Relief in 7th CPC ToR

Cabinet likely to approve 7th CPC ToR : Inclusion of DA Merger and Interim Relief in 7th CPC ToR Inclusion of DA Merger and Interim Relief in 7th CPC Terms of Reference – Union Cabinet likely to approve the 7th CPC Terms of Refernce in the next meeting, media sources said. “To woo central government employees ahead of the general elections, the United Progressive Alliance (UPA) government is expected to ask the Seventh Pay Commission to consider merging 50 per cent dearness allowance (DA) with basic pay of employees. This will form part...

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Challenges before the Seventh Pay Commission : Central Government Employees

Challenges before the Seventh Pay Commission : Central Government Employees - by Raj Kumar Ray (Financial Express)  SUMMARY Growth has fallen in the last couple of years eroding revenue while inflation remains stubbornly high. The new pay commission will have to factor in both concerns Why does the government appoint a pay commission every decade? A pay panel is appointed every decade to review and recommend the pay structure for central government employees taking into account various factors such as cost of living, inflation...

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Highlights of Interim Budget 2014-2015

Highlights of Interim Budget 2014-2015 ONE RANK ONE PENSION ACCEPTED FOR DEFENCE SERVICES. FISCAL DEFICIT FOR 2013-14 WILL BE 4.6 PERCENT OF GDP. CURRENT ACCOUNT DEFICIT (CAD) WILL BE PEGGED TO$45 BILLION. FOOD INFLATION STILL THE MAIN WORRY. DECLINES SHARPLY FROM 13.6 PERCENT TO 6.2 PERCENT. IN THE CURRENT YEAR, AGRICULTURE GROWTH UP AT 4.6 PERCENT. MERCHANDISE EXPORT  2013-14 $ 326 BILLION, UP BY 6.3 PERCENT. DEFENCE ALLOCATION UP BY 10 PERCENT. GOVERNMENT WILL CONTRIBUTE RS. 1000 CRORE TO NIRBHAYA FUND. BIG EXCISE RELIEF TO AUTOMOBILE...

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