PROPOSED PAY STRUCTURE OF 7TH CPC-NC JCM STAFF SIDEEXPECTED DA JAN 2015- THE NEXT EPISODE BEGINS...
EXPECTED PAY SCALE OF 7TH PAY COMMISSIONEXPECTED DA JAN 2015 - AICPIN FOR SEPTEMBER 2014

HOT NEWS...
AIR TRAVEL CONCESSION EXTENDED FOR FURTHER TWO YEARSNATIONAL CONVENTION OF THE NC JCM STAFF SIDE TO BE HELD ON 11TH DECEMBER 2014
CONFEDERATION WRITES TO NC JCM REGARDING DA MERGER & INTERIM RELIEFAIRF PROPOSED PAY SCALE - MEMORANDUM TO 7TH CPC
NFIR PROPOSED PAY STRUCTURE OF 7TH PAY COMMISSION NATIONAL CONVENTION WILL ADOPT A JOINT RESOLUTION ON DA MERGER, INTERIM RELEIF
MEDICINES UNDER CGHS ISSUED FOR 6 MONTHS AT A TIME - CGHS AMENDMENT ORDERS LATEST LIST OF HOSPITALS & REVISED PACKAGE RATES WITH EFFECT FROM 1.10.2014
TRANSPORT ALLOWANCE & TRAVELLING ALLOWANCE RULES AT A GLANCE... PROTEST AGAINST BIO-METRIC ATTENDANCE SYSTEM FOR CG EMPLOYEES
LIST OF CGHS HOSPITALS IN 25 CITIES ALLOVER INDIA KOLKATA NIZAM PLACE READY FOR BOOKING ONLINE FOR TOURING OFFICIALS
GRANT OF HRA ON TRANSFER ONE STATION TO ANOTHER STATION 1 HOUR IN HOUSE WEEKLY TRAINING FOR ALL GROUP OF CG EMPLOYEES
4200 GP TO LAB TECHNICIANS EFFECT FROM 1.1.2006 NEED A DIRECTION FROM CENTRAL FOR INTERIM RELIEF - 7TH PAY COMMISSION
IS INTERIM RELIEF LIKELY TO CENTRAL GOVERNMENT EMPLOYEES..? OROP - ONE RANK ONE PENSION - ORDERS & NEWS
EMPLOYMENT NEWS-LOT OF LATEST JOB OPPORTUNITIES ARE AVAILABLE... BIPARTITE TALKS FAIL - BANK EMPLOYEES STRIKE ON 12.11.2014
GRANT OF CHILDREN EDUCATION ALLOWANCE TO 3RD CHILD - RAILWAY ORDER EXPECTED DA - AICPIN SIMPLE CALCULATOR

Monday, July 26, 2010

New Pay Scales for RRB Employees



FM Announces New Pay Scales for Employees of RRBs at Par with PSBs
FM Asks RRBs to Expand their Branches with CBS to Achieve
Financial Inclusion
FM Reviews Performance of RRBs in Annual Review Meeting


        Finance Minister Shri Pranab Mukherjee has asked the Regional Rural Banks (RRBs) to bring their Non-Performing Assets (NPAs) below 5% by this year itself. Finance Minister also announced the wage revision of the pay-scale and allowances of the employees of the RRBs corresponding to those of Nationalised Banks as per 9th Bipartite Settlement. The additional cost burden of the arrears on this account would be about Rs. 791 crores. He was addressing the annual review meeting of Chairmen of RRBs and General Managers of Sponsor Banks, here today. Shri Mukherjee asked the RRBs to speed up their activities to expand their branches on platform of Core Banking Solutions. The Finance Minister emphasized upon use of new technology including Business Correspondents, mobile banking vans, tele-banking etc. to provide banking services to entire population of the country, especially in the rural areas.

Secretary Financial Services, Shri R. Gopalan, Deputy Governor RBI, Dr. K.C. Chakravarty, Chairman NABARD, Shri U.C.Sarangi and Additional Secretary, Financial Services, Shri Rakesh Singh were also present on this occasion among others.

Following is full text of the speech delivered by the Finance Minister Shri Pranab Mukherjee on this occasion:

“I am happy to be here in the annual review meeting of Chairmen of RRBs and General Managers of Sponsor Banks. Such meetings are being organized regularly since January 2007 and have helped in preparing a realistic action plan for strengthening the RRBs on a sustainable growth trajectory. I hope that this meeting will help us in further consolidating the efforts being made by the RRBs, Sponsor Banks, Govt Of India, NABARD and the Reserve Bank of India.

As you are aware, the first batch of RRBs were established on 2 October 1975 and their number gradually increased to 196 in 1986. The RRBs were designed as unique financial institutions with exclusive focus on development of rural areas. It was expected that these institutions would provide efficient financial services at affordable cost to the disadvantaged sections of the rural population.

Government of India had initiated a series of measures in the recent years to strengthen the RRBs to emerge as strong financial institutions for meeting the financial needs of the rural population. In the wake of the announcement in the Union Budget 2007-08, 27 RRBs which had negative networth as on 31 March 2007 have been recapitalized. A conducive policy environment has been created for expanding the branch network of RRBs. The branch licencing norms have been made flexible. RRBs have responded to these measures and have opened 716 branches during the last 02 years.

For further improving the financial health of RRBs, the Government of India started the process of structural consolidation of RRBs by amalgamating RRBs sponsored by the same Sponsor Banks within the State. The process of amalgamation is almost complete. As on date, there are 82 RRBs (46 amalgamated and 36 stand alone) with a branch network of 15,475 branches covering 619 districts, 26 States and 01 Union Territory (Puducherry).

RRBs are expected to play a vital role in promoting financial inclusion in the country. To achieve this objective, RRBs are being supported out of the Financial Inclusion Fund and Financial Inclusion Technology Fund set up in NABARD. NABARD had launched a pilot project for facilitating Financial Inclusion with ICT in 15 RRBs. The pilot project is expected to cover 150 villages in 30 districts of 14 States. All RRBs need to draw up individual plans for financial inclusion in their areas of operation at the earliest and also adopt the BC / BF model.

I am happy to note that RRBs have shown improved performance in many areas. The total loan outstanding of RRBs as on 31 March 2010 was Rs.83,562 crore whereas the deposits amounted to Rs.1,42,814 crore. The ground level credit flow of RRBs has improved from Rs.43,367 crore to Rs.56,268 crore thereby recording an appreciable growth rate of about 30%. A significant part of their performance is substantial lending to the priority sector. RRBs are mandated to lend 60% of their loans to the priority sector. During the last three years, RRBs have not only achieved the target fixed for the purpose but have maintained priority sector loans above 80%. I am also happy to note that RRBs have maintained their focus on agriculture as over 61% of the priority sector loans are for agriculture sector. The RRBs have also improved the health of their credit portfolio as the net NPA has now reduced to 1.62%. Only three RRBs are now making losses.

There is no doubt that the enabling environment created by Government of India, RBI and NABARD has helped the RRBs in improving their performance. Still, there are many areas of concern. 30 RRBs had accumulated losses to the tune of Rs.1,808 crore. All weak RRBs need to chalk out a time bound action plan to wipe out the accumulated losses and simultaneously achieve all the prudential norms.

In the last review meeting held in August 2009, I had expressed concern that a very large number of RRBs continued to have low CRAR. It was also observed during the review that some of the RRBs presently having reasonable CRAR would also be not able to maintain it on account of certain expenditure they might have to incur in the coming years for payment of enhanced wages and installation of CBS. To address this situation, a Committee was set up under the Chairmanship of Dr. K C Chakravarty, Deputy Governor, RBI to analyse the financials of RRBs and suggest measures so that each RRB has atleast 9% CRAR by 2012. The Committee has already submitted their report. The report is now under examination in consultation with NABARD and RBI. I am sure the implementation of the feasible recommendations of the Committee would help the RRBs to emerge as stronger financial institutions.

It is imperative that all RRBs embrace the latest technology for providing services to their customers. I have been constantly laying emphasis that all RRBs in a time bound matter should have all their branches under Core Banking Solution. I understand that 21 RRBs have now covered their entire bank branch network under CBS. 10 more RRBs are on the way to achieve full coverage of their branches under CBS. However, it is a matter of concern that CBS is yet to take roots in 51 RRBs. I would urge upon all the RRBs and their sponsor banks to attach utmost priority to CBS and in today’s meeting a time bound programme should be fixed for CBS implementation for each of the RRBs.

The sponsor banks also need to closely monitor the performance of their sponsored RRBs and provide timely guidance to them wherever necessary. It has been brought to my notice that some of the sponsor banks have withdrawn the Chairmen of RRBs before the completion of their tenure. Though the premature withdrawal must be for valid reasons, this could affect the performance of the RRBs in an adverse way, besides impacting the morale of the staff of RRBs. I suggest that the sponsor banks take all precautions at the time of selection of Officers for the post of Chairman of RRB so as to ensure that they continue to guide the RRBs for a period of at least three years.

I understand that of the 46 amalgamated RRBs, 39 are now scheduled by Reserve Bank of India. In case of 7 other RRBs, NABARD is required to undertake their inspection with reference to their annual accounts as on 31 March 2010. I would impress that this process of scheduling the remaining banks should be completed at the earliest.

I have noted that RRBs (officers and employees) Service Regulations 2010 have since been issued by GOI and the process has been initiated by the RRBs for adoption of these regulations. The new Appointment and Promotion (officers and employees) Rules have already been issued on 13.7.2010 for publication in the Gazette of India. These measures should help in improving productivity and business of the RRBs.

Keeping in view the expectations from the RRBs, the training and capacity building of RRB Officers and Staff need to be given utmost priority. A Committee set up for the purpose has identified a number of areas for capacity building of RRBs. All the RRBs should prepare a comprehensive plan for meeting the training needs of its staff members. A mechanism should be created for providing funding support to RRBs for conducting these training programme duly involving NABARD, sponsor banks and the RRB itself.

In the light of the ninth bipartite settlement between the Indian Banks Association representing the managements of the Public Sector Banks and the United Forum of Bank Union representing the associations/unions of all PSBs, the wage revision of the pay and allowances of the RRBs has also been taken up. The additional cost burden of the arrears is likely to be Rs 791 crores , which will bring down the total profits of the RRBs from Rs 2374 crores , as on 31st March, 2010 to Rs 1615 crores , adjusting for the additional cost burden of arrears on the RRBs. This is likely to lead to more RRBs going into losses against only three loss making RRBs at present. Yet the Government is committed towards fulfilling its obligation of giving equal pay scales corresponding to those of nationalized banks to the RRB employees. I am happy to announce that we are fulfilling the Government commitment of giving equal pay scales corresponding to those of nationalized banks to the RRB employees, as per Ninth Bipartite Settlement.

I look forward to our deliberations today and am sure that the gathering will have fruitful discussions and come out with pragmatic and innovative suggestions for further improving the performance of RRBs.”
PIB

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Rates of Dearness Allowance & Finmin Orders for DA, DR & 5th CPC

DA & DR ORDERS - EXPECTED DA STATUS
Effective DatesAdditional DA Total DA DA OrdersDR Orders5th CPC
1.1.2006 0-DA/DR
1.7.2006 2%2%29.08.2008DA/DR
1.1.2007 4%6%29.08.2008DA/DR
1.7.2007 3%9%29.08.2008DA/DR
1.1.2008 3%12%29.08.2008DA/DR
1.7.2008 4%16%29.08.2008DA/DR
1.1.2009 6%22%13.03.200927.03.2009DA/DR
1.7.2009 5%27%18.09.200929.09.2009DA/DR
1.1.2010 8%35%26.03.201031.03.2010DA/DR
1.7.2010 10%45%22.09.201029.09.2010DA/DR
1.1.2011 6%51%24.03.201129.03.2011DA/DR
1.7.2011 7%58%03.09.2011 05.10.2011DA/DR
1.1.2012 7%65%03.04.2012 04.04.2012DA/DR
1.7.2012 7%72%28.09.2012 25.10.2012DA/DR
1.1.2013 8%80%25.04.2013 02.05.2013DA/DR
1.7.2013 10%90%25.09.2013 03.10.2013DA/DR
1.1.2014 10%100%27.03.201409.04.2014DA/DR
EXPECTED DA JUL 14 - JANUARY STATUS EXPECTED DA JUL 14 - FEBRUARY STATUSEXPECTED DA JUL 14 - MARCH STATUSEXPECTED DA JUL 14 - APRIL STATUSEXPECTED DA JUL 14 - MAY STATUS

LIST OF CGHS HOSPITALS

1. ALLAHABAD 2. AHEMDABAD 3. Bangalore 4. Bhubhaneshwar 5. Bhopal
6. Chandigarh 7. CHENNAI 8. Delhi 9. Dehradun 10. Guwahati
11. Hyderabad 12. Jaipur 13. Jabalpur 14. Kanpur 15. Kolkata
16. Lucknow 17. Meerut 18. Mumbai 19. Nagpur 20. Patna
21. Pune 22. Ranchi 23. Shillong 24. Trivandrum 25. Jammu.

7th CENTRAL PAY COMMISSION NEWS

TITLEDATEARTICLESORDERS
7TH CPC REPORT AND THE NEED FOR TIMELINESS16.04.20147thCPC Blog
DID YOU KNOW HOW THE 6TH CPC MULTIPLICATION FACTOR OF 1.86 WAS DERIVED..?15.04.201490Paisa
EXPECTED PAY STRUCTURE OF 7TH CPC10.04.201490Paisa
Date of submission of 7th CPC Report05.04.2014-Rajya Sabha
Comments and Suggestions on 7th CPC04.04.201490Paisa
A webpage has been created by the Ministry of Finance for 7th Central Pay Commission24.03.2014-Finmin
Federations veiws on the ToR of 7th CPC05.03.2014AIRF/BPMS/IRTSA
Cabinet approved 7th Central Pay Commission Terms of Reference28.02.201490Paisa
Prime Minister has approved the composition of the 7th Central Pay Commission04.02.201490Paisa
NO COMPROMISE ON TERMS OF REFERENCE07.12.2013NFPE
Possible ToR meeting with Staff Side JCM-Dopt19.11.2013Dopt
7th CPC Date for implementation11.10.20137thcpcnews
Press Statement of Confederation of 7th CPC25.09.2013Confederation
Consent given by PM for 7th CPC25.09.201390Paisa

RETIREMENT AGE 62

J&K Employees Retirement Age hiked to 60, on par with Central Government Staff11.04.201490Paisa
Retirement age of 65: The Politicization of Employees’ Demands11.04.201490Paisa
Retirement age to 62-What is the background behind this news?01.03.201490Paisa
Retirement Age 62 - Cabinet expected to clear on Friday (28.202014)26.02.201490Paisa
Retirement age 62 – No hike in Retirement age of Central Government employees…15.08.2013CGEN.in
Retirement Age 62 - Prime Minister likely to declare on his Independence Day speech14.08.2013CGEN.in
Retirement Age of High Court Judges23.08.201390Paisa
No proposal to enhance the retirement age from 60 to 62 years08.03.201390Paisa
Retirement age of Central Government Employees20.01.201390Paisa
Retirement age of faculty doctors from 65 to 70 years…03.12.201290Paisa
Enhancement of superannuation retirement age of KV teachers31.08.201290Paisa
Retirement age of Teachers and Lecturers26.08.201290Paisa

LDC - UDC ISSUES...

LDC-UDC GRADE PAY ISSUE
SUBJECTDATEDOWNLOAD
UPGRADATION OF GRADE PAY OF LDC & UDC - YET ANOTHER CASE IS FILED.31.03.2014AIAMSHQ
LDC-UDC Issue : Case Filed for Grade Pay 2400 to LDC27.03.2014AIAMSHQ
Upgradation Pay Scale to Railway Accounts Staff w.e.f. 1/1/1 996 on actual basis – NFIR19.03.2014NFIR
Demanding upgradation of the grade pay of LDC & UDC to Rs. 2400 & 2800 – Letter forward to MOSPI26.02.2014AIAMSHQ
LDC-UDC ISSUE-YET ANOTHER LETTER FROM DEPARTMENT OF EXPENDITURE03.02.2014AIAMSHQ
LDC-UDC ISSUE: TOWARDS A FINAL ACTION14.01.2014AIAMSHQ
TOWARDS A FINAL ACTION ON LDC & UDC GRADE PAY ISSUE…31.12.2013AIAMSHQ
LDC-UDC ISSUE: A STEP FORWARD04.12.2013AIAMSHQ
Deputy Secretary JCA writes to Under Secretary CS-II, DoPT13.11.2013AIAMSHQ
CONFEDERATION WRITES TO GOVERNMENT ON LDC- UDC PAY SCALE ANOMALY26.10.2013CONFEDERATION
CASE RETURNED BY THE DOPT & DIRECTED TO TAKE UP THE MATTER DIRECTLY WITH DEPARTMENT OF EXPENDITURE, MOF.07.10.2013AIAMSHQ
LDC-UDC ISSUE-LETTER TO NAC MEMBERS10.09.2013AIAMSHQ
LDC-UDC Issue -Letter sent to the PM forwarded to JCA for action23.08.2013AIAMSHQ
And more news...

NATIONAL ANOMALY COMMITTEE MEETING DETAILS...

NATIONAL ANOMALY COMMITTEE - DECSIONS & DISCUSSIONS AND MINUTES & RESULTS
PROMOTIONAL SCHEMES ACP MACP
DESCRIPTION STAFF SIDE OFFICIAL SIDE
SETTING UP OF NAC 12.01.2009
COMPOSITION OF NAC 05.02.2009
EXTENSION OF NAC 01.07.2010
1st NAC MEETING(12.12.2009) 08.02.2010
2nd NAC MEETING(27.03.2010) AIRF//NFIR 04.05.2010
3rd NAC MEETING(15.02.2011) AIRF/CONF 21.04.2011
4th NAC MEETING(05.01.2012) AIANGO//AIRF 05.01.2012
5th NAC MEETING(17.07.2012) NFIR//NFIR 13.09.2012
MACP MEETING NFIR/ 03.05.2010
2nd MACP MEETING(15.09.2010) CONF/AIRF 06.10.2010
3rd MACP MEETING(15.03.2011) CONF 20.04.2011
4th MACP MEETING(27.07.2012) NFIR/CONF/IRTSA/INDWF/NFIR 13.09.2012
NATIONAL COUNCIL JCM (15.05.2010) NFPE/BPMS 07.07.2010
AGENDA ITEMS AIRF2011/AIRF2012 17.01.2011
INCREMENT ISSUE SETTLED 05.01.2012 19.03.2012
LIST OF PARTICIPANTS NAC/MACP NAC/MACP

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