7th Pay Commission Pay – Impact of Flat CPI (IW) Aug 2014 to Dec 2014

7th Pay Commission Pay – Impact of Flat CPI (IW) Aug 2014 to Dec 2014   Needless to say, news and developments on 7th Pay Commission are foremost things that draw the attention of Central Government Employees and Pensioners nowadays. As the commission’s regular time frame for submission of report is getting completed in less than 11 months, employees and pensioners hope for either implementation of Revised 7th Pay Commission Pay...

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Know how the Railway budget will be this year?

Know how the Railway budget will be this year? Sources Said: The Narendra Modi government’s first full-fledged railway budget to be announced on February 26 could be a muted exercise with no big-ticket announcements of new projects or railway lines, as has been the practice. Rationalisation of passenger fares or freight rates is also unlikely, according to sources. However, what is likely is a focus on infrastructure creation in the northeast and improving passenger amenities such as introduction of vacuum toilets and dedicated freight...

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Auction for Sale of Government Stocks

Auction for Sale of Government Stocks Ministry of Finance 03-February, 2015 The Government of India have announced the Sale (re-issue) of (i) “8.27 per cent Government Stock 2020” for a notified amount of Rs. 2,000 crore (nominal) through price based auction, (ii) “8.15 per cent Government Stock 2026” for a notified amount of Rs.5,000 crore (nominal) through price based auction, (iii) “8.24 per cent Government Stock 2033” for a notified amount of Rs. 3,000 crore (nominal) through price based auction, and (iv) “8.17 per cent Government...

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Dearness Relief payable for the period February, 2015 to July 2015

Dearness Relief payable for the period February, 2015 to July 2015 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.1986 retirees who are in receipt of Ex-gratia Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/D/G2/2014-15/1279 31st January 2015 Designated Officers of all Nationalised Banks and Associate Banks of State Bank of India Dear Sirs, Dearness Relief payable for the period February, 2015 to July 2015 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving...

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Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2015.

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2015. Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/76/D/2014-15/1277 31st January, 2015 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2015. under IX BPS/Joint Note dt. 27.4.10 The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for...

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DA for Bank Employees – Circular issued by IBA

DA for Bank Employees – Circular issued by IBA IBA issued circulars regarding increasing the Dearness allowance for bank employees from February to April 2015 and Dearness relief for bank pensioners from Feb to July 2015 Click here to download the IBA circular of DA for employees Click here to download the IBA circular of DR for pensioners. Click here to download the IBA circular of DR for pre 01.01.1986 retiree...

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TAMILNADU CONFEDERATION PROTEST DAY MEETING HELD ON 28.01.2015

TAMILNADU CONFEDERATION PROTEST DAY MEETING HELD ON 28.01.2015 A special meeting of TN Confederation was conducted at the meeting hall of Shastri Bhavan on 28.1.2015 by 01.00 PM. Protest day was observed condemning the administration of Kalpakkam Atomic Power Plant for unleashing Trade Union victimisation against the office bearers for organising the two days nationwide strike during Feb.12,13.02.2014 announced by Confederation. A resolution was passed unanimously for immediate withdrawal of disc. action taken against the office bearers...

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