The Centre on Wednesday increased the Dearness Allowance (DA) by 3 percentage points effective from July 1 this year, benefitting more than 1 crore employees and pensioners ahead of the Diwali festival. The Union Cabinet has approved to increase Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners by three percentage points of the basic pay/pension ahead of Diwali, Union Minister Ashwini Vaishnaw said after the Cabinet meeting.
Mr Jaitley should devise methods to attract better talents at the higher level.
The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners.
The recommendations will cost the government Rs 1,02,000 crore.
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.
West Bengal and Maharashtra, despite having fewer public sector employees, are likely to face a higher burden of salaries and pensions.
In a general notice, the railways said, 'Such misguided activities are the highest level of indiscipline rendering such aspirants unsuitable for railway/government job. Videos of such activities will be examined...and candidates/aspirants found indulged in unlawful activities will be liable for police action as well as lifetime debarment from obtaining railway job.'
'The Budget that Mr Jaitley will present on February 29 will be crucial.'
Officers from the rank of Deputy Inspector General (DIG) up to the top-most rank of Director General (DG) in these four forces retired after attaining the age of 60.
There are about 50 lakh (5 million) Central government employees.
D&N cites positive changes in momentum in certain segments of economy, but says some areas of concern remain
A lot has been written about the impact of the recommendations.
This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.
There are a couple of proposals, however, whose goals are not easily achievable.
Defence Minister Parrikar was in favour of granting OROP to ex-servicemen but pressure was exerted on him by his cabinet colleagues on the issue, Ram Jethmalani claimed.
Funeral and cycles allowances have been retained and revised.
The finance minister may stagger some of the recommendations.
Is there a conflict of interest in civil servants having a decisive say on the recommendations made by a Pay Commission or is it time for a new review mechanism, asks A K Bhattacharya.
Unimaginative increments, persistent refusal of funds have turned the military into an underfed child scared to ask for a full meal.
The repo or short term lending rate remains unchanged at 6.75 per cent and the reverse repo rate at 7.75 per cent.
Commerce ministry monitoring remedial measures to promote exports in key markets.
The law of diminishing returns catches up as one goes up the ladder.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
Instead of ramming through change, Mr Parrikar has tied his own hands by placing reform at the mercy of numerous committees, says Ajai Shukla.
There are many collateral advantages of taking the tough decision.
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
The 7th CPC places the Indian Police Service (and, almost in passing, the Indian Forest Service) on a level with the Indian Administrative Service, leaving the military out in the cold.
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