Revised rates of incentive to bank officers posted North Eastern Region – Orders issued by Department of Financial Services

Revised rates of incentive to bank officers posted North Eastern Region – Orders issued by Department of Financial Services

 

Proposal has been accepted by the Ministry of Finance and issued orders regarding revision of rates of incentives to Public Sector Bank officers posted to North Eastern Region as follows…

F.No.4/4/2/2001-IR
Government of India
Ministry of Finance
Department of Financial Services

Jeevan Deep, IIIrd Floor,
Parliament Street, New Delhi
Dated the September 26, 2014

To
The Chairman,

SBI/IDBI and CMDs of all PSBs.

Subject: Incentives to officers posted to North Eastern Region – revision thereof

Sir, 

I am directed to refer to this Department’s letter of even number dated 11.1.2002 on the subject cited above and to say that proposal of revision/reconsideration of the ceiling of ad hoc and temporary incentives to officers posted North Eastern Region has been examined in this Department and it has been decided to advise the Public Sector Banks as follows

i) The incentive shall be 20% of basic pay with minimum Rs. 3000/- pm and maximum Rs. 7500/- pm.

ii) Officers belonging to a State in North Eastern Region but posted in other States of North Eastern Region shall also be eligible.

2. Other terms and conditions as provided earlier and covered in letter dated 11.1.2002 shall remain the same. The above revision in the incentives is applicable with immediate effect. Banks are requested to take appropriation action accordingly.

3. This issues with the approval of Secretary (FS).

Yours faithfully,
sd/-
(Manish Kumar)
Under Secretary to the Government of India

Source: http://financialservices.gov.in/download.asp?rec=317&NotificationType=C

#North Eastern Region, #Public Sector Bank Officers, #Public Sector Banks Employees, #Special Incentive Allowance, #Indian Government News,

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Grant of Special Incentive Allowance for non-executive staff in CBI @ 15% of Basic Pay w.e.f. 20.12.2006

Grant of Special Incentive Allowance for non-executive staff in CBI @ 15% of Basic Pay w.e.f. 20.12.2006

F.No.20710112011-AVD-II (Pt.III)

Government of India

Ministry of Personnel, Public Grievances & Pensions

Department of Personnel & Training

North Block, New Delhi

Dated: 22nd July, 2013 

To
The Director
Central Bureau of Investigation
CGO Complex, New Delhi

Subject: Grant of Special Incentive Allowance for non-executive staff in CBI.

In partial modification of this Department's letter of even number dated 04.10.2011 and pursuant to Calcutta High Court's order dated 28.02.2013 in Contempt Petition No.50912012 in WPCT No 11812008 filed by Shri Kishalay Mukherjee and Others, approval of the competent authority is hereby conveyed for payment of Special Incentive Allowance to Non-Executive Staffs in CBI @ 15% of Basic Pay w.e.f. 20.12.2006. 


2. The expenditure incurred will be met from the sanctioned budget grant of CBI under the relevant head of account in the current financial year 2013-14.

3. This issues with the approval of Department of Expenditure's ID No.115764/E-III(A)/12013 dated 02.07.2013 and concurrence of IFD/MHA vide DY. No.411/Fin-III/13 dated 22.07.2013.

Yours faithfully,

sd/-

(Rajiv Jain)

Under Secretary to the Government of India

Source: www.persmin.nic.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02ser/207_01_2011-AVD-II-A.pdf]

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