Addressing the nation on the 70th Independence Day from the Red Fort, the prime minister had announced a 20 per cent hike in the pension for freedom fighters.
Ahead of the festival season, the government on Thursday announced a 7 per cent hike in the dearness allowance of its employees which will give them some relief from near double digit inflation.
PSB branches will work fulltime on the 1st and 3rd Saturday.
Government employees' pay packets will get fatter, with the Cabinet on Thursday approving three per cent hike in dearness allowance.
The central government babus have been given a big hike in TA/DA (travel allowance/dearness allowance) as part of implementation of the Sixth Pay Commission, but it may be only illusory as ministries and departments will get no additional funds to foot their bills.
The employees, who will avail the VRS, would get an ex-gratia amount of 60 days salary (basic + dearness allowance) for each completed year of service, or salary for the number of months left in the service, whichever is less.
The Union government will take a bit longer to introduce the much-awaited labour codes even as the majority of states and Union Territories (UTs) have framed rules on them. There were speculations that these would be introduced from July 1. While 30 states and UTs have framed rules on the code on wages, 25 of them have done so on industrial relations. Of the two remaining codes, 24 states and UTs have framed rules on social security and 23 on occupational safety, health, and working conditions (OSH), sources said.
Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.
Union Cabinet, on Friday, may consider a three per cent hike in dearness allowance for central government employees following the rise in inflation.
The Centre is likely to announce next month a hike in dearness allowance by 10 per cent to 100 per cent, benefiting about 50 lakh employees and 30 lakh pensioners.
Despite the ongoing rift in the Punjab Congress, party leader Harish Rawat on Tuesday said that all is well in the state and expressed confidence in its victory in the forthcoming assembly polls.
Rescue workers pulled out all 41 workers trapped in Uttarakhand's Silkyara tunnel in a multi-agency rescue operation that hovered between hope and despair for 16 days.
The issue of austerity measures came up at the meeting of the Union Cabinet on Thursday with ministers seeking clarification on the economy drive launched by the government.The issue came up for an impromptu discussion when the Cabinet gave its approval to hike the Dearness Allowance for central government employees from 22 per cent to 27 per cent.
In a 'Holi' bonanza to central government employees and pensioners, the Union Cabinet on Thursday decided to increase the dearness allowance by three per cent.
'How many people have died in India so far due to Covid?' 'Multiply that by at least four, and that many people in intense grief are there in the country.'
The government on Tuesday approved a four per cent hike in dearness allowance to central government employees and pensioners, which is expected to cost the exchequer Rs 1460 crore (Rs 14.6 billion) in a full year.\n\n\n\n
In a touching letter, Jhulan Goswami expresses deep gratitude to Diana Edulji, set to be inducted into the ICC Hall of Fame.
The decision of the Cabinet to increase DA for employees and pensioners from 27 per cent to 35 per cent will cost the exchequer Rs 6,969.36 crore (Rs 69.693 billion) per annum and Rs 8,131.20 crore (Rs 81.312 billion) during 2010-2011.
The notification with regard to the Sixth Pay Commission award is ready and is currently being approved by statutory authorities. Sources said the dearness allowance effective this July is also likely to be announced the same day.
'It is Bajrang Punia's personal decision to return the Padma Shri. The WFI polls were held in fair and democratic manner. We will still try to persuade Bajrang to reverse his decision to return Padma Shri.'
Central government employees and pensioners will get an additional 6 per cent dearness allowance from next month, putting a burden of over Rs 6,000 crore (Rs 60 billion) on the exchequer.
After attacking in the first round, which he won by an unanimous decision, Sanjeet slipped into a defensive mode to allow Faoagali claw his way back in the contest.
With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a bind, report Shiva Rajora and Aditi Phadnis.
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
rediffGURU Kanchan Rai, founder Let Us Talk, offers advice on how to navigate problems in a relationship.
Alia Bhatt continues to impress while Shah Rukh Khan takes it easy in this lovely, thoughtful little film, applauds Raja Sen.
Babar Azam does not believe that the outcome of the much-anticipated India-Pakistan clash in World Cup on Saturday will have an impact on his captaincy.
Officers of public sector oil companies have threatened to go on an indefinite strike from August 21 if their demand for higher salaries was not met.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
Indian firms across sectors, especially small- and medium ones will see their annual wage bills increase from this financial year since the government has raised the eligibility limit for statutory bonus payments to those who earn Rs 10,000 a month (basic salary and dearness allowance).
"We decided to call off the strike since we did not wish to inconvenience the citizens. That was not the aim of the strike," union sources said in Mumbai.
6 per cent increase in DA for Central govt employees
Over 10 million central government employees and pensioners will get five per cent additional Dearness Allowance with retrospective effect from July 1, this year.
Apart from the 10 persons arrested so far, those found guilty of negligence in the Special Investigation Team (SIT) report should also be arrested and punished, said a man who lost his 10-year-old daughter in the tragedy.
Officers of public sector oil companies were detained by police on Friday as they marched towards the Prime Minister's Office in New Delhi to submit a memorandum demanding higher wages.
The unions, including CITU, AITUC and HMS, said they have presented their eight-point charter of demands to Prime Minister Manmohan Singh during a meeting in New Delhi on Monday. The unions, in a memorandum submitted to Singh, warned that they would oppose the government's "new initiatives" in disinvesting public shares in profit making PSUs through initial public offers.
The Supreme Court on Monday said the ministry of defence cannot take law in its own hands by issuing communication on payment of One Rank-One Pension (OROP) arrears in four instalments.
Ranajit Giri, Biprada Bag, Asha Behera and Ashok Bera, all residents of Bahanaga Bazaar station area in Balasore district where the crash took place, were among the first to rescue the injured.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances