The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). The Central Board of Trustees (CBT), the apex decision-making body of the Employee Provident Fund Organisation (EPFO), was apprised of the proposal's rejection during a meeting on Saturday. "According to the recommendations made by a highly-empowered monitoring committee constituted by the government, a proposal to increase the minimum pension under EPS from Rs 1,000 to Rs 2,000 per month, by providing additional budgetary support, was sent to the ministry of finance.
Long queues were seen at outpatient department ticket counters in government hospitals, where senior doctors joined their junior colleagues in the protest.
Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.
Finance Minister Jaswant Singh on Tueday presented the Interim Budget for 2004-05 in the Lok
Millions of central government employees were taken for a ride on April Fool's Day.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'
Railway employees will take a final call on whether to go on a general strike to press for their 36-point charter of demands including jobs for wards of employees on VRS.
The new government order to review the service record of employees who have completed 30 years in the job to identify inefficient or corrupt staff and retire them prematurely has invited the ire of labour unions, who believe that this is a step towards privatisation.
State governments want the Centre to direct the 14th Finance Commission to compensate states for implementing pay scales, to be recommended by the pay panel.
The opposition parties on Sunday slammed the move to hire public servants through lateral entry, claiming it will snatch reservations from SCs, STs and OBCs, but the Bharatiya Janata Party hit back stating the National Democratic Alliance government was bringing transparency to this mode of recruitment started by the Congress-led United Progressive Alliance.
As a CGHS cardholder myself, frequently sharing experiences with many other beneficiaries, I can unhesitatingly testify to the sympathy and helpfulness with which the doctors and staff of dispensaries attend to patients.
"As per the information provided by the Government of Jammu and Kashmir, two persons from outside Jammu and Kashmir have purchased two properties in the Union Territory of Jammu and Kashmir since August, 2019," he said.
'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.
Armed with some documents pointing to large-scale irregularities, the Central Bureau of Investigation will soon register cases to probe the alleged involvement of some Rajya Sabha MPs and central government employees in forging leave travel concession claims for travel on state-run Air India.
The Bharatiya Janata Party has released its manifesto for the upcoming Nagaland assembly elections, promising a special package for the eastern part of the state and establishment of a board for the holistic development of the region if the party returns to power for the second time in a row.
Leaders of major central trade unions on Wednesday made a strong demand before Prime Minister Manmohan Singh for restoring the interest rate on Employees Provident Fund to 12 per cent
Chattopadhyay was seen being taken out of his residence at Subhasgram in South 24 Parganas district around 2 pm by ED officials, who previously conducted search operations at the premises for over seven hours.
It also promised financial assistance of Rs 24,000 annually to all dependent widows and single mothers, two free LPG cylinders to all the beneficiaries of the PM Ujjwala Yojana and 24x7 power supply.
Postings to places at an altitude above 1,000 metres but less than 1,500 metres, between 1,500 and 3,000 metres, and above 3,000 metres entail different rates of allowances -- the higher the location, the bigger the allowance, reveals Tamal Bandyopadhyay.
Shouting slogans against district administration, the protestors raised slogans like "we want justice".
These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.
All that you wanted to know about the new pension scheme and pension fund managers.
As per norms, sanction for prosecution of government employees accused of corruption has to be given within four months' stipulated time.
A contractual woman employee, who has alleged molestation by West Bengal Governor C V Ananda Bose, has moved the Supreme Court against 'blanket immunity' conferred to him under Article 361 of the Constitution.
On Wednesday, the Bihar Cabinet in a meeting chaired by the chief minister passed a resolution on asking the Centre to include the provision in the 9th Schedule of the Constitution, Siddharth said.
'It seems to be a bit of an aberration. It should be set right; there is a proper mechanism in place. In the normal course, the state police do not have any jurisdiction on central government employees,' the official said.
A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
Government employees and teachers affiliated with pro-Left unions today went on a day-long nationwide strike demanding revamping of the new pension scheme, announcement of interim relief and lifting the ban on recruitment. The demands include regularisation of extra-departmental employees, ban on contract appointments and revision of price index among other things.
The recommendations will cost the government Rs 1,02,000 crore.
Consumer goods manufacturers, expecting to see a revival of demand from the nearly Rs 16,500 crore Pay Commission arrears for government employees, are likely to be disappointed.
The recommendations will benefit 47 lakh central government employees and 52 lakh pensioners.
Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic
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The govt has not received any proposal to reduce retirement age of 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.
The central government employees may get increment in their salaries on the basis of their performance as the Sixth Pay Commission is looking into the possibility of adding productivity-linked incentives to their overall income.
It is learnt that an elaborate sanitisation exercise was carried out in the legal and the Central Europe (CE) divisions. Almost all employees in the CE division as well as a sizable number of staffers in the legal wing are undergoing self-quarantine at present.
The Kerala government on Friday decided to recommend a judicial inquiry against central probe agencies, including the Enforcement Directorate, which are investigating the gold and dollar smuggling cases.
Central pay commissions in the past have usually been set up after every 10 years and the 10-year period of the current sixth central pay commission would be over by 2015.
Intermittent, widespread rains lashed Chennai and other regions of Tamil Nadu on Tuesday and the India meteorological department said the low pressure area over the Bay of Bengal has turned into a well-marked low pressure area and it is likely to become a depression.
