Budget To Provide Rs 1.10 Lakh Cr For Pay Commission Award, OROP

Budget To Provide Rs 1.10 Lakh Cr For Pay Commission Award, OROP Budget for the next fiscal needs to provide Rs 1.10 lakh crore for implementing the OROP and Seventh Pay Commission award, besides a higher allocation for the farm sector, Finance Minister Arun Jaitley said today. Addressing the Consultative Committee attached to the Finance Ministry, he also said that India has potential to grow at a much faster pace even as he exuded confidence that fiscal deficit target for current financial year will be within target. “During the financial...

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Pay Commission Award In This Budget

Pay Commission Award In This Budget The government will announce the 7th Pay Commission award in the this budget to facilitate central government employees salaries with regard to inflation, Finance Ministry official said Friday. Addressing the Consultative Committee attached to the Finance Ministry, Finance Minister Arun Jaitley said Friday, “During the financial year 2016-17, the central government has to make provision for about Rs 1.10 lakh crore in order to meet the liabilities on account of implementation of 7th Pay Commission recommendations...

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Incentive Scheme for the employees of Ordnance factories

Incentive Scheme for the employees of Ordnance factories Bharatiya Pratiraksha Mazdoor Sangh has demanded incentive bonus for examiners in Ordnance Factories at par with maintenance workers Incentive Scheme for the employees of Ordnance factories BPMS request to implement the Incentive Scheme for examiners in Ordnance factories as agreed with employees organisations BHARATIYA PRATIRAKSHA MAZDOOR SANGH (AN ALL INDIA FEDERATION OF DEFENCE WORKERS) (AN INDUSTRIAL UNIT OF B.M.S.) (RECOGNISED BY MINISTRY OF DEFENCE, GOVT. OF INDIA) CENTRAL...

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7th Pay Commission: Ministries Can Raise Afresh Salary Hike Demand After Rejection

7th Pay Commission: Ministries Can Raise Afresh Salary Hike Demand After Rejection Ministries and departments can raise afresh the demand for pay revision if they find that some of the justified suggestions made by the staff associations were rejected by the 7th Pay Commission. Such demands could be submitted to the Implementation Cell (IC), created in the Finance Ministry, to work as Secretariat for the Empowered Committee of Secretaries headed by Cabinet Secretary P K Sinha. The CoS will screen the recommendations of the Commission and firm...

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OROP: Ex-servicemen vow to continue agitation

OROP: Ex-servicemen vow to continue agitation Unsatisfied with the detailed instructions and tables for One Rank One Pension scheme issued by the government, protesting military veterans today vowed to continue their agitation. “OROP tables short-change widows, reservists, battle casualties, havildars, subedars and subedar majors. The Jantar Mantar protest will continue and legal options will be exercised,” Col Anil Kaul (Retd), spokesperson for the protesting ex-servicemen said. The statement came after veterans met today at the Jantar Mantar...

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Budget session from Feb 23, General Budget on Feb 29

Budget session from Feb 23, General Budget on Feb 29 The Budget Session of Parliament will commence on February 23 that will focus largely on the financial business of the government, which will present the general budget on Feb 29. But there will be no curtailment of the session or the recess period on account of Assembly elections in five states due shortly. This was decided at a meeting of the Cabinet Committee on Parliamentary Affairs, chaired by Home Minister Rajnath Singh. “The budget session of parliament will commence on February 23....

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One Rank One Pension (OROP) implementation order, tables issued

One Rank One Pension (OROP) implementation order, tables issued The annual recurring financial implication of One Rank One Pension at the current rate will be approximately Rs 7,500 crore, the government said today as it issued detailed instructions for the scheme. The government also issued OROP Tables which said that the arrears from July 1, 2014 to December 31, 2015 would be approximately Rs 10,900 crore. 86 per cent of the total expenditure on account of OROP will benefit the Junior Commissioner Officers and other ranks. The total increase...

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One Rank One Pension Implementation – DESW issued orders on 3.2.2016

One Rank One Pension Implementation – DESW issued orders on 3.2.2016 Ministry of Defence letter No.12(1)/2014/D(Pen/Pol)-Part-II dated 03.02.2016  on One Rank One Pension (OROP) to the Defence Forces Personnel. No.12(1)/2014/D(Pen/Policy)-Part-II Government of India Ministry of Defence Department of Ex-Servicemen Welfare New Delhi, Dated: 03 February, 2016 To The Chief of Army Staff The Chief of Navy Staff The Chief of Air Staff Subject: One Rank One Pension to the Defence Forces personnel. Sir, The undersigned is directed to...

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