The Planning Commission does not foresee any significant disruption of state finances on account of increase in salaries of state government employees.
'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
The government may defer the implementation of the sixth Pay Commission award by a year or even two to reduce the fiscal burden of the recommendations that proposed a 28 per cent across-the-board salary increase for an estimated 4.5 million central government employees. The report of the commission headed by Justice BN Srikrishna was submitted to the government on March 24 this year, nearly a fortnight before its 18-month tenure was to end.
The government has asked the Pension Fund Regulatory & Development Authority to open the retirement scheme--which has so far been confined to central government employees--to the self-employed and those in the unorganised sector.
'This goes against the letter and spirit of Punjab Reorganisation Act 1966. Punjab will fight strongly for its rightful claim over Chandigarh'
India's largest passenger car maker, which witnessed around 4 per cent growth in its sales to touch 410,120 units during April-October 2008 compared to the year-ago period, has seen considerable success in attracting new customers through a multi-pronged strategy, including aggressive marketing campaign aimed at rural markets, corporate customers and central government employees and certain cost-cutting measures.
Kashmiri Pandits in Srinagar continued their protests on Wednesday, May 18, 2022, in the wake of the killing of government employee Rahul Bhat, who was shot dead by terrorists inside his office in central Kashmir's Budgam district on May 12.
The minimum wage of Rs 80, which is applicable to central public sector undertakings, will see a 30 to 40 per cent jump in a single year once the changes are notified. The decision to hike the minimum wage level was taken by the Central Advisory Board at its meeting chaired by Minister for Labour and Employment Oscar Fernandes last week. The National Floor Level Minimum Wage of Rs 80 is likely to cross Rs 100 once the notification is issued.
India Inc has welcomed the Sixth Pay Commission report that suggested an average increase of 40 per cent in salaries of central government employees and said the move will not lead to a rise in inflation and revenue deficit of the government. Industry body Ficci said the pay hike would not add to inflationary conditions and revenue deficit due to buoyant revenue collections. Also, Ficci said the hike would reduce the problem of governance and attract talented personnel.
The Pay Commission is an administrative system/mechanism that the government of India set up in 1956 to determine the salaries of government employees. The First Pay Commission was established in 1956, and since then, every decade has seen the birth of a commission that decides the wages of government employees for a particular time-frame.
The Employees' Provident Fund Organisation (EPFO) on Monday set May 3 as the deadline for subscribers to opt for a higher pension. The Supreme Court on November 4 allowed another change for employees who were existing EPS members as on September 1, 2014, to contribute up to 8.33 per cent of their actual salaries - as against 8.33 per cent of pensionable salary capped at Rs 15,000 a month - towards pension. The apex court gave a four-month window to enable opting for higher pensions.
The government is expected to route all its official communication through the official website National Informatics Centre's email service.
'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'
It should be noted that the CPC allocation is provisional.
"What we have been able to gather is that Newsclick stands accused of offences under the Unlawful Activities Prevention Act (UAPA), for purportedly carrying Chinese propaganda on its website. All devices, laptops, gadgets, phones, etc have been seized in the past. All emails and communications have been analysed under the microscope," the statement by NewsClick read.
A dozen land parcels in Ranchi measuring about 8.5 acres in total are in 'illegal possession, occupation and use' of arrested former Jharkhand chief minister Hemant Soren and are proceeds of crime under the anti-money laundering law, the Enforcement Directorate has claimed.
Terming the killing a "cowardly act", the protesters said assurances given by the Centre and the Jammu and Kashmir administration to ensure the safety of minorities in the Valley have proved to be false.
As political winds stir in these states, it's prudent to assess their economic landscapes.
Fitch frowns at government pay hikes.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
Prime Minister Narendra Modi will launch his dream 'Swachh Bharat' campaign on Thursday.
Home Minister Sushilkumar Shinde on Tuesday ruled out the possibility of imposing President's Rule in Andhra Pradesh in the wake of widespread protests in Seemandhra region against the decision to create Telangana.
'Each state and central government body may be asked to update its system to ensure PAN is used as a common identification to access its services.'
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
Prime Minister Narendra Modi on Thursday wielded a broom in New Delhi to launch his pet Swachh Bharat mission, a cleanliness drive across India, on the occasion of Gandhi Jayanti.
The Sixth Pay Commission on Monday submitted its report to the government presumably recommending a 40 per cent hike in salary for the central government employees. The commission, headed by Justice B N Srikrishna, submitted its report to Finance Minister P Chidambaram on Monday morning.
Humiliating treatment which is likely to affect women government employees' health or safety may amount to sexual harassment, the government said on Wednesday.
The federal agency had arrested 46-year-old Kavitha, the daughter of former Telangana chief minister K Chandrashekar Rao, from her Banjara hills residence in Hyderabad on March 15.
A peek into the concept of inflation, its effect on your daily living, what causes it and how you can protect your earnings from it.
The government on Monday made it clear that it does not propose to tinker with the existing mechanism of setting up Pay Commission for revision of wages for central government employees
Rauf's central contract may be 'restored'
The finance ministry on Tuesday made it clear that there was no move to stop pension to retired central government employees beyond 75 years of age.
All central government employees were on Wednesday asked to immediately download the 'Aarogya Setu' mobile application and to come to office when the application shows "safe" status for commuting, an order issued by the personnel ministry said.
'You just make the bureaucracy honest and make them function with integrity.' 'Everything will be taken care of after that.' 'But this Mission Karmayogi does not even mention these two words -- honesty and integrity.'
The Kashmiri Pandit Sabha threatened to intensify its agitation, if the government did not stop threatening to withhold the salaries of KP employees and forcing them to come back to the valley, where they are under mortal threat from terrorists.
A couple and their five children were found dead with their throats slit.
A committee headed by Cabinet Secretary BK Chaturvedi has turned down the request for constituting the Sixth Pay Commission to review the salaries and perks of all central government employees.
The ruling Congress is seeking to retain power in Chhattisgarh by banking on the welfare schemes of the Bhupesh Baghel government, while the Bharatiya Janata Party is hoping to corner it on the issues of alleged corruption, religious conversions and unfulfilled poll promises.
In far-reaching reform measures to the salary structure of an estimated 4.5 million central government employees, the sixth Pay Commission report submitted to the finance ministry today recommended an across-the-board effective salary hike of about 28 per cent, performance-linked increments, fewer holidays and a new medical insurance scheme.
