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Showing posts from October, 2009

AI to pay salaries by Oct 31 after pilots warn of stir

With an impending stir threat by its pilots, Air India is likely to pay the September salaries of its employees in two days and incentives and allowances by November 10, airline sources said today.

Talks were held with banks and financial institutions for working capital loans to arrange the amount for payment of salaries, productivity-linked incentives (PLIs) and flying allowances to the employees including pilots, they said.

Sources also said the management of the cash-strapped airline was making all efforts to pay the dues of the employees very soon, including the salaries by October 31 and PLI and allowances by November 10.

Talks with the banks were initiated after negotiations between executive pilots and their other colleagues in Mumbai over the past few days.

Allotment of DDA flats to commence from next month

Delhi Development Authority will commence from next month allotment of flats, held up due to allegations of rigging, after a Government agency gave a clean chit to the software used for draw of lots.

The report prepared by the C-DAC, Thiruvananthapuram has not found any evidence of rigging in the software after analysing the hard discs of computers used in draw of lots for alloting nearly 5,000 flats.

The process of issuance of allotment letters will commence in November itself. The persons who fall within the purview of the investigation as mentioned above, will not be issued any allotment letter till the investigating agency clears these cases, the DDA said in a statement.

More details clcik here...

CVC disposed of 536 cases in August 2009

MAJOR PENALTY PROCEEDINGS RECOMMENED AGAINST 68 OFFICERS

The Central Vigilance Commission disposed of 536 cases during August 2009 referred to it for advice. The Commission advised initiations of major penalty proceedings against 106 officers. Of these, 21 were from M/o Railways, 21 from public sector banks, 13 from MCD, 8 from Northern Coalfields Ltd., 5 from Central Coalfields Ltd., 4 each from CBEC, MHA & Ministry of Urban Development, 3 each from P.G. Institute of Medical Education & CBDT, 2 each from D/o Telecommunications, Ministry of Labour and ESIC. The remaining 7 cases pertained to different departments of the Government of India and PSUs.

The Commission also advised imposition of major penalty against 68 officers including 14 from National Aluminum Co. Ltd., 12 each from Central Coalfileds Ltd. & Public Sector Banks, six from Ministry of Railways, 5 each from National Insurance Co. Ltd. & DDA, 2 each from Border Roads Development Board & Central Boa…

Performance of production units during April - September 2009

Chittranjan Locomotive Works (CLW) produced 81 electric locomotives against the target of 90 electronic locomotives and Diesel Locomotive Works (DLW) produced 132 diesel locomotives against the target of 127 diesel locomotives during April September 2009. Rail Coach Factory (RCF) produced 770 coaches against the target of 770 coaches where as Integral Coach Factory (ICF) produced 635 coaches against the targets of 620 coaches during the same period. Rail Wheel Factory (RWF) produced 95483 wheels and 38630 axles during the same period against the target of 95357 wheels and 309975 axles during April-September 2009.

During the month of September 2009, CLW, DLW, ICF, RCF and RWF have produced 17 electric locomotives, 19 diesel locomotive, 120 coaches, 130 coaches, 14953 wheels and 6283 axles respectively against the target of 21 electric locomotives, 22 diesel locomotive, 105 coaches, 130 coaches, 15578 wheels and 5120 axels.

Railways have realized an amount of Rs. 36.27 crore appro…

Index Numbers of Wholesale Prices in India (Base: 1993-94=100)

Review for the week ended 17th October 2009 (25 Asvina, 1931 Saka)

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 17th October, 2009 remained unchanged at its previous week’s level of 242.2 (Provisional).

The annual rate of inflation, calculated on point to point basis, stood at 1.51 percent (Provisional) for the week ended 17/10/2009 (over 18/10/2008) as compared to 1.21 percent (Provisional) for the previous week (ended 10/10/2009) and 10.82 percent during the corresponding week (ended18/10/2008) of the previous year.

Computerization of Annual Performance Appraisal Report (APAR) Sections of CS Division

F.No. 15/87/2007-cS-I (CR) GOVERNMENT OF INDIA Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training 2nd Floor, Loknayak Bhavan, Khan Market
New Delhi, the 29th October, 2009 OFFICE MEMORANDUM

Subject:- Computerization of Annual Performance Appraisal Report (APAR) Sections of CS Division.

The undersigned is directed to say that this Department is in the process of computerization of the work relating to maintenance of APARs and subsequently develop an online system for submission and monitoring of APARs. NIC has been requested to develop a common software for all Ministers/cadre units, which shall be made available in due course of time.

2. As soon as the relevant software is made available, CS Division will move ahead for computerization, so that in future, data on APARs of CSS Officers sahll be made available with a click of a button to the authorized users.In order to speed up such a process all cadre units may furnish to CS Dvivi…

Incentive increments to sportspersons for outstanding sports achievement at National and International levels

Department of Personnel and Training Establishment(Pay-1)Section ***** Subject: Incentive increments to sportspersons for outstanding sports achievement at National and International levels.

Para 3(iv) of this Department's OM No.16/1/85-Pay-1 dated 16th July, 1985 provides to grant incentive in the form of increments as admissible to such Government servants who achieve excellence in the sporting events of Nationalllnternational importance. The total number of increments to be awarded for achieving excellence in the nationalllnternational events should not exceed five in his/her entire career.

2. Taking into account the changing scenario and rising global competitiveness in the field of sports, the question of honoring such sportspersons of excellence who win a medal(Gold: Silver or Bronze) in Nationalllnternational Tournaments has been considered and it has been decided to review the existing provision of the OM referred to above in so far as incentives is concerned.

3. Vide…

Use of own car / hired taxi on LTC journey on account of physical handicap - Clarification

F.No. 31011 / 3 /2009- Estt.(A) GOVERNMENT OF INDIA Ministry of Personnel, Public Grievances & Pension Department of Personnel & Training New Delhi, the 28th October, 2009 OFFICE MEMORANDUM

Subject:- Use of own car / hired taxi on LTC journey on account of physical handicap.

The undersigned is directed to refer to this Department's O.M. No. 3101114/2008-Estt(A)dated 23.9.2008 in which it was stipulated that LTC facility shall be admissible only in respect of journeys performed in vehicles operated by the Government or any corporation in the public sector run by the Central or State Government or a local body.

2. Instances have come to notice where Government servants on account of physical handicap/disability of self or dependant family members are unable to perform the LTC journey by the authorized modes of transport and are compelled to undertake the journey by own car or private taxi. Representations are being received to allow reimbursement in such cases. Ma…

Inflation is key concern now for RBI

The central bank’s urgency to tighten its policy is evident from the dramatic shift in its stance--from supporting growth to managing inflation
The Reserve Bank of India, or RBI, on Tuesday signalled an exit from its expansionary monetary policy, ahead of other Asian central banks. RBI governor D. Subbarao has refrained from any hike in the policy rate and the cash reserve that commercial banks are required to keep with it, but shut all refinance windows that were opened for various sectors after the collapse of US investment bank Lehman Brothers Holdings Inc. in September 2008. It’s now a matter of months before the central bank goes for a hike in banks’ cash reserve and/or a hike in policy rates. And this can happen even earlier than its next review of monetary policy in January.

Also See Measured Moved (Graphics)

The central bank’s urgency to tighten its policy is evident from the dramatic shift in its stance—from supporting growth to managing inflation. In fact, both price sta…

Association demands judicial review of working conditions of loco pilots

The biennial general body meeting of the All India Loco Running Staff Association (AILRSA) has urged the Railway Ministry to appoint a judicial review committee to look into the duty hours and rest patterns of loco pilots.

The meeting held here on Monday was attended by zonal president R. Murali. Presided over by central vice-president K.A.S. Mani, the event was inaugurated by the joint secretary general of the AILRSA, N.B. Dutta.

It was addressed by secretarial member of the Communist Party of India (Marxist), Sivagnanam, secretary of the Coordination Committee of Central Government Employees and Workers S. Karunanidhi, and joint secretary of the Dakshin Railway Employees Union R.G. Pillai.

The meeting condoled the death of 22 passengers in the recent Mathura train accident. It expressed anguish over routine comments by members of the top railway management putting the blame for accidents on “human failure” without addressing the causes for any such human failure.

It is evident…

THREE NEW SCHEMES INCLUDED IN THE PRIME MINISTER’S NEW 15 POINT PROGRAMME FOR THE WELFARE OF MINORITIES

The Union Cabinet today decided to include three schemes namely, National Rural Drinking Water Programme (NRDWP) of the Department of Drinking Water and Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT) and Urban Infrastructure and Governance (UIG) scheme of the Ministry of Urban Development in the Prime Minister’s New 15 Point Programme where the flow of fund to minority concentration areas up to the extent of 15% would be monitored.

The Cabinet approved inclusion of Mewat district in place of Gurgaon in Haryana as one of the minority concentration districts.

The Cabinet also decided to include Members of Parliament and Members of Legislative Assembly in the State and District level committees to monitor the implementation of the 15-point programme. This modification would also make them members in the State and District Level Committees for implementation of Multi-Sectoral Development Programme (MSDP).

There has been a steady improvement in the recr…

Breast Cancer Survival - Life post diagnosis

At 35, you are a mother of two sweet kids doing household chores and taking care of the family. You suddenly have a feeling of some lump in your breast and you consult your gynecologist. A mammography is advised and unfortunately your reports are not positive- perhaps you are diagnosed with breast cancer. You come home from hospital, highly disheartened and sad. Your tears don't seem to end and it seems that to you that earth will explode today. You are lucky if your husband supports you and accepts you in such a situation as well.

It has been seen in many cases in India where men have married other healthy women due to family pressure and not bothered about supporting their wives diagnosed with breast cancer. The reason for such cases is but obvious- breast cancer treatment is quite costly with a single medicine dose costing as high as Rs.1 lakh.

If you are a government employee, you may get some benefit as government has CGHS and CHS health schemes which sponsor your trea…

South Indian Bank largest service provider for New Pension Scheme (NPS)

Thrissur (Kerala) Oct 26 (IANS) Kerala-headquartered South Indian Bank (SIB) has emerged as the largest service provider for the 'New Pension System' (NPS), launched by the central government.

With 134 of its branches authorised to offer the service, SIB became the largest service provider among the 21 banks and financial institutions operating this pension and investment scheme, the bank said Monday.

'This scheme will empower subscribers to plan their retirement and pension. This is a good investment tool,' said V.A. Joseph, managing director and chief executive of the bank.

NPS is a social security scheme open to all employees falling in the age category of 18-55.

The scheme is implemented by the Pension Fund Regulatory and Development Authority (PFRDA).

Last week, Oscar award winner Resul Pookutty launched this service for SIB's NRI customers here.

SIB posted the highest ever quarterly net profit of Rs.60.11 crore in the first quarter this fisc…

Taxes Code To Be Implemented From 2011-12: FM

The government plans to implement the Direct Taxes Code (DTC) from 2011-12 after addressing all concerns relating to controversial proposals like taxation of retirement benefits, weeding out incentives for housing sector and changes in the Minimum Alternate Tax (MAT).

The proposals in the Code are only "illustrative" and are open for discussion and there is no need to think that these "have been decided," Finance Minister Pranab Mukherjee said.

Giving the roadmap for the Code that will replace the Income Tax Act of 1961, he said, "It will be implemented from 2011. So, the finance bill of 2011-12 would be appropriate."

The government, Mukherjee said, has identified seven critical areas of concern in the Code and would take suggestions on board before finalising it.

The critical areas of concern include shifting the base for computation of Minimum Alternate Tax (MAT) from book profits to assets; capital gains taxation in case of non-residents; double t…

Pay revision for polytechnic colleges : Update

On behalf of AIFPTO, General Secretary Shri N Chandra Shekhar,has led a delegation of Polytechnic teachers on Dt. 23-10-2009 and met Smt. Purandeswari, MOS HRD at her camp office in Visakhapatnam. AIFPTO Thanked her for taking initiative for submitting a note to Sri Kapil Sibal, HRM to consider review of MHRD recommendations for inclusion of PB4 for Polytechnic teachers. She assured us that a meeting with AIFPTO office bearers in the presence of Sri Kapil Sibal would be arranged after Nov. 1st to resolve the issue.

Shri N Chandra Shekhar advised polytechnic community to wait for better days to come and requested to give wide publicity of this news item among all polytechnic teaching community and local press.

Accept pay scale, IIT federation tells members

The All India IIT Faculty Federation (AIIITFF) President M Thenmozhi today urged faculty members of all the Indian Institutes of Technology (IITs) to accept and implement the recommendations of the Sixth Pay Commission.

“We have requested the faculty to accept the pay package in the interest of the entire IIT system,” Thenmozhi told reporters here after the faculty meeting at IIT Delhi today. The meeting was held to take stock of the situation after the HRD ministry met the IIT Council on October 19. The board of governors of most IITs will meet in a month’s time and the IIT faculty will meet thereafter.

Thenmozhi, however, said that the issue relating to the 40 per cent cap on promotion of professors to senior grades and the provision of contractual appointment at entry level continue to remain matters of concern.

Last month, HRD minister Kapil Sibal had assured the faculty that the government guidelines on the pay structure could be relaxed for promoting excellence. Faculty asso…

Committee to examine fee structure of IITs

A high level committee appointed by the IIT Council will revisit the fee structure as part of its mandate to assess how the revenue could be increased for the premier institutes.

The IIT Council, the apex body to decide on the issues of IITs, has set up a five-member committee headed by Atomic Energy Commission chief Anil Kakodkar for the purpose.

Students are paying Rs 50,000 per annum as tuition fee at the B.Tech courses in the IITs at present. The Scheduled Caste and Scheduled Tribe students are exempted from the tuition fee.

Besides, students pay about Rs 20,000 annually for other purposes like accommodation, alumni and admission fees.

The IIT Council, which mete here on October 19, discussed the issue against the backdrop of government starting a loan scheme with subsidised interest rate to help poor students in higher studies, sources said.

Questions & Answers: Related to the New Pension Scheme (NPS)

Clarifications:-

1. Whether a retiring Government servant is entitled for leave encashment after retirement under the NPS?

The benefit of encashment of leave salary is not a part of the retirement benefits admissible under Central Civil Services (Pension) Rules, 1972. It is payable in terms of CCS (Leave) Rules which will continue to be applicable to the government servants who join the government service on after 1-1-2004. Therefore, the benefit of encashment of leave salary payable to the governments/to their families on account of retirement/death will be admissible.

2. Why is it mandatory to use 40% of pension wealth to purchase the annuity at the time of the exit (i.e. after the age of 60 years) from NPS?

This provision has been made in the New Pension Scheme with an intention that the retired government servants should get regular monthly income during their retired life.

3. Whether any minimum age or minimum service is required to quit from Tier-I?

Exit …

Re-designation of the merged cadre of SO(A) and AAO

Subject:- Re-designation of the merged cadre of SO(A) and AAO and classification thereof :

Ministry of Finance vide Notification under GSR 622 (E) dated 29.08.08 had upgraded the pre-revised pay scales of Section Officer (Accounts) and Assistant Accounts Officer and placed them in a common Pay Band (PB-2 Rs 9300-34800) with Grade Pay of Rs 4800/- merging the posts of Section Officer (Accounts) and Assistant Accounts Officer.

2. Consequently, it has been decided that the merged cadre of Section Officer(Accounts) and Assistant Accounts Officer will be re-designated as Assistant Accounts Officer and classified as Group ‘B’ Gazetted. Till such time, the new Recruitment Rules are framed, the promotions to the new cadre of AAO would be made in terms of existing RRs of Section Officer (Accounts) cadre.

3. This will take effect from the date of issue of this letter.

Workshop on EPI for Identification of Assessment of Critically Polluted Areas

One Day Workshop on Development of Environmental Pollution Index (EPI) for Identification and Assessment of Critically Polluted Areas begins here tomorrow. The aim of this workshop is to develop an Environmental Pollution Index (EPI) for the quantification of the environment health of industrial areas. The EPI helps in synthesizing the available information on environmental status of the area by using quantitative criteria, thus reducing complex information into a smaller, more easily retained, amount of information. EPI also helps in determining the effectiveness and comparing alternative plans and policies and assists environmental decision-makers in initiating appropriate measures in ranking the critically polluted areas. Subsequently, the decision makers can devise an effective and efficient management plans to improve the environmental quality of the identified critically polluted areas.

The new EPI will help to yield information about linkages between causes and effects and c…

Bank 9th Bipartite :Bank employees may have to wait little more for pay hike

There is always a slip between the cup and lip, as they say. And for nearly 8 lakh officers and employees waiting for their wage hike , the gap may not be bridged in a hurry. This is even as the Indian Banks Association (IBA) and United Forum of Bank Unions (UFBU) have agreed upon a 17.5% wage hike.

But, there seems a devil hiding in the details of the proposed option to join the pension scheme for those who are out of the pension net currently. Issues like accounting for the cost of pension and its cost-sharing arrangement between bank management and employees have cropped up which is delaying the entire negotiation process. The wage revision is due from November 2007.

For starters, IBA and UFBU have now agreed upon a 17.5% wage hike over the establishment expenses of banks as on March 31, 2007. IBA, the body for the bank management, has also in principle agreed to offer the pension option to those who did not opt for it in 1993. Around 2.66 lakh public sector bank employees do …

Fixation of pay in case of employees who seek transfer to a lower post under FR 15(a)

F.No. 13/9/2009-Estt(Pay-I) GOVERNMENT OF INDIA Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training
Esst(Pay-I) Section North Block, New Delhi-03
dated 21st October, 2009 OFFICE MEMORANDUM

Subject:- Fixation of pay in case of employees who seek transfer to a lower post under FR 15(a) - clarification regarding.

The undersigned is directed to refer to instructions issued vide this Department's OM NO. 16/6/2001-Estt(Pay-I) dated 14.2.2006 on the above subject. It was clarified therein that on transfer to the lower post/scale under FR 15(a), the pay of a Government servant holding a post on regular basis will be fixed at a stage equal to the pay drawn by him in the higher grade. If no such stage is available, the pay will be fixed at the stage next below the pay drawn by him in the higher post and the difference may be granted as personal pay to be absorbed in future increments. If the maximum of the pay scale of the lower post is …

Grant of DR to Provisionsl Pensioners or 5th CPC Pensioners

F.No.42/12/2009-P&PW(G) GOVERNMENT OF INDIA Ministry of Personnel, Public Grievances & Pensions Department of Pension & Pensioners' Welfare 3rd Floor, Lok Nayak Bhawan,
Khan Market,New Delhi-03
DAted : 22nd October, 2009 OFFICE MEMORANDUM

Subject:- Grant of. Dearness Relief to Central Government pensioners who are in receipt of Provisional Pension or pension in the pre revised scales of 5th CPC - w.e.f. 1.7.2008 and 1.1.2009.

In continuation to this Department's OMs No. 42/2/2008-P&PW(G) dated 12th September, 2008 and 25th September, 2008 sanctioning the installment of DR admissible from 1.7.2008 and this Department's OM No.42/12/2009-P&PW(G) dated 27th March, 2009 sanctioning the installment of DR admissible w.e.f. 1.1.2009 the undersigned is directed to say that the President is pleased to grant the DR to those Central Government pensioners who are in receipt of Provisional Pension or pension in the pre-revised scales of 5thCPC at the rat…

New rural cover scheme does away with health checks

People living in rural parts of the country will soon be able to avail insurance cover without being subject to mandatory health check-ups as is the norm for life insurance policies.

The department of posts is set to launch a major micro life insurance policy which will no more require the insurees to disclose their present health condition or diseases at the time of buying the policy, a move aimed at expanding the coverage in rural India.

The proposed insurance scheme, which can be availed by economically weaker sections (EWS) of the society and particularly women, will provide a risk cover up to Rs 25,000, said an official in the ministry of communication and information technology. The aim is to cover around one-tenth of Indians and become one of the potent players in the Indian insurance sector by easing out the procedural formalities that precedes purchase of any life insurance scheme.

While the new scheme has been made customer friendly, the postal department will put in…

Govt against teachers' training in distant mode

The government is considering to discourage offering pre-service training in distant mode for students looking forward to taking up teaching jobs.

HRD Minister Kapil Sibal held a roundtable on teachers' education here on Monday where majority of the participants said teachers' education should be given on face-to-face mode in view of the importance of such education.

The government will convene a meeting of the vice chancellors soon to discuss the issue.

The members, which includes principals of many city schools, however, said the in-service teachers could be allowed to pursue teachers' training in distant mode.

The round table also discussed about the differential pattern of school education in states. While in some states, the primary schooling is up to class IV, a few other states have primary schools offering education up to class three.

The differential pattern also creates problem in planning teachers' training in the country.

All-India Consumer Price Index - September, 2009

All-India Consumer Price Index Numbers for Agricultural and Rural Labourers on Base 1986-87=100 – September, 2009

The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for September, 2009 increased by 7 points each to stand at 515 (Five hundred and fifteen) points for Agricultural Labourers and 514 (Five hundred and fourteen) points for Rural Labourers.

The rise in index varied from State to State. In case of Agricultural Labourers, 8 States reflected an increase in index between 9 to 13 points; 8 States between 5 to 8 points and 4 States between 1 to 4 points. Punjab with 569 points topped the index table whereas Manipur with the index level of 444 points stood at the bottom.

In case of Rural Labourers, the increase in index ranged between 9 to 14 points in 8 States, between 5 to 8 points in 7 States and between 1 to 4 points in 5 States. Punjab with 568 points topped the index table whe…

Pay and promotional disparity in BSF compared to armed forces

World's largest para-military organisation, Border Security Force (BSF) suffers from highest attrition for quite a while. Experts cite reasons like low promotional avenues along with pay disparity in relation to their armed forces counterparts after the implementation of the Sixth pay commission report for the high attrition rate in the BSF. Every month at least 350-400 BSF jawans and officers seek premature retirement of which Rajasthan Frontier has not been far behind.

A BSF source said the Centre does not realise the challenges our jawans and officers face every day while protecting the 7,000 km long border adjoining Pakistan and Bangladesh. "During 30-35 years of career, a BSF person could manage to stay not more than a few days with his family and the promotional avenues in comparison to the army personnel, it has been frustrating for them," said a source.

According to an available data more than 900 jawans and officers from the Rajasthan Frontier alone le…

Retirement age of university teachers raised from 60 to 62

The Bihar Government has decided to raise the retirement age of university and college teachers as well as that of non-teaching staff from 60 to 62 years.

The increase in the retirement age would, however, come into effect only after some relevant legal changes were approved by the State legislature.

A decision to raise the retirement age was taken at a special State Cabinet meeting here on Saturday evening.

The Government's decision would benefit at least 7,000 teachers and non teaching staff working in the State's nine universities.

In Patna university alone, 50 per cent of the posts were lying vacant.
Source: UNI

DA hike for section of CPSE employees

The government has announced a five percentage point increase in dearness allowance effective from July for employees of the public sector enterprises that follow the Central Dearness Allowance pattern.

The Department of Public Enterprises has cleared the proposal for enhancing the existing rate of DA from 22 per cent to 27 per cent.

"These rates may be made applicable in the case of CDA (Central Dearness Allowance) employees, whose pay have been revised with effect from January 1, 2006," The DPE said in a circular.

However, only 69 CPSEs out of 242 follow the CDA pattern.

As many as 96 per cent of the total 15 lakh people employed in all Central Public Sector Enterprises are paid the Industrial Dearness Allowance (IDA).
Source:PTI

Central Government Employees Group Insurance Scheme

A portion of monthly contributions paid while in service is credited in a Saving Fund, on which interest accrues. A Government servant while entering service has to apply in Form No. 4 of the above Scheme to the Head of Office, who shall issue a sanction for the payment of subscriber’s accumulation in the Savings Fund segment together with interest and arrange for its disbursement, soon after retirement. Payments under this Scheme are made in accordance with the Table of Benefit which takes in to account interest up to the date of cessation of service. Insurance cover benefit under this Scheme is available to the family in the event of death of the subscriber. No interest is payable on account of delayed payments under this Scheme.

central Government Employees Group Insurance Scheme, 1980 - Tables of Benefits for the Savings Fund for the period from 1.1.2009 to 31.12.2009.

Railway Ministry:

In continuation of this Ministry's letter No.PC-III/2000/GIS/2 dated 15.01.2008, a copy …

Price data once a month

The government will release inflation data, based on the wholesale price index, every month rather than on a weekly basis.

The base year for the new data has been changed to 2004-05 from 1993-94. “The new series of WPI inflation with 2004-05 as the base year would be introduced in November,” commerce minister Anand Sharma told reporters after a meeting of the cabinet committee on economic affairs.

However, the government will come out with a weekly price index for primary articles, such as rice and wheat, and commodities, including fuel and power, to facilitate the monitoring of the prices of agriculture commodities and petroleum products that are “sensitive in nature”.

The changes in the inflation data pattern are being brought in line with global practices. “The new proposal is based on the recommendations of the National Sample Survey Organisation, and the practice is followed worldwide,” said Sharma.

At present, the base year for the wholesale-price-index-based inflation is …

Centre planning to establish 10,000 ITIs and 1,000 Polytechnics across country

Centre planning to establish 10,000 ITIs across country

The Central government is planning to establish 10,000 Industrial Training Institutes (ITIs) in rural areas across the country for imparting technical training to the rural youth.

Union minister of state for planning V Narayanasamy announced this on Monday while inaugurating the first national convention of rural institutes, organized by the National Council of Rural Institutes.

“We have opened the flood gates for foreign investment in the education sector. Our thrust is on expanding the educational infrastructure in the rural areas by opening more institutes and universities,” the minister said.

He said plans were afoot to set up one rural university in each backward and tribal clusters across the country. Besides, 25,000 schools would also be set up in rural areas under the Public-Private Partnership mode.

The ambitious Bharat Nirman programme launched by the government of India with an outlay of Rs1 lakh-crore has helped…

AIANGOs Dharana on 12th Oct,2009 at OFB, Kolkatta

Some fantastic dharna photos collected from AIANGO's website...

To show their concern towards the Demands & Protest aganinst Non-Implementation of Government Orders by Ordnance Factory Board



New Pension Scheme Unacceptable: Communist Party of India (Marxist)

New Pension Scheme Unacceptable

Below we reproduce the full text of the speech made by Dr Asim K Dasgupta, minister for finance and excise, government of West Bengal, at the conference with chief ministers and state finance ministers on ‘Issues related to Pension’:

WE appreciate the convening of this conference of chief ministers and state finance ministers on issues related to the New Pension Scheme and the Pension Fund Regulatory and Development Authority (PFRDA) Bill, 2005. It gives us an opportunity to express our views on a specially important aspect of social security in terms of pension for the government employees as well as other sections of working population of our country.

TWO PENSION SYSTEMS

For the government employees and others, such as teachers, employees of public undertakings, there has evolved over the years a social security scheme in terms of a defined benefit pension system. In this pension system, defined benefit in terms of 50 per cent of last sal…

Dearness Allowance for workmen and officer employees in banks - Aug Sep Oct 2009

Dearness Allowance for workmen and officer employees in banks - Aug Sep Oct 2009


Dearness Allowance for workmen and officer employees in banksPayable for the YearPayable for the monthsAverage CPINo. of slabs% of pay2009 Aug Sep Oct 3454 291 52.38 2009 May June July 3378 272 48.96 2009 Feb Mar April 3370 270 48.6 2008-09 Nov Dec Jan 3302 253 45.54 2008 Aug Sep Oct 3172 221 39.78 2008 May/Jun/July 3089 200 36 2007-08 Feb/Mar/April 3056 192 34.56 2007-08 Nov/Dec/Jan 3028 185 33.3 2007 Aug/Sep/Oct 2944 164 29.52 2006-07 May/Jun/Jul 2907.06 154 27.72 2006-07 Feb/Mar/Apr 2898.84 152 27.36 2006-07 Nov/Dec/Jan 2836 137 24.66 2006 Aug/Sep/Oct 2768 120 21.6 2006 May/Jun/Jul 2716.28 107 19.26 2002 Feb/Mar/Apr 2312.17 157 0 2002 May/Jun/Jul 2307.23 155 0 2002 Aug/Sep/Oct