Enter Keyword and Search

Central staff demand cut in prices

with 0 Comment

Seeking a fair deal: Central government employees form human chain on Tank Bund on Wednesday.

HYDERABAD: Members of the Confederation of Central Government Employees and Workers, Andhra Pradesh unit, on Wednesday formed a human chain on the Tank Bund, starting from Hyderabad to Secunderabad on the pavement demanding steps to reduce prices of essential commodities.

Led by T. Satyanarayana, chairman, and V. Nageswara Rao, general secretary of the confederation, the unique protest attracted both youth and aged employees who participated in good number. The protestors demanded filling of vacant group ‘D’ category posts, opposed outsourcing and closure of government undertakings.

They wanted the decision on new contributory pension scheme revised and removal of ‘arbitrary’ ceiling on compassionate appointments. According to Mr. Rao, employees of from the Postal department, AG’s office, Income-Tax, Survey, and Defence laboratories took part in the protest.

Protest against govt. policies

Demand justice: Central Government employees formed a human chain in front of the Head Post Office, Erode, on Wednesday to protest against various policies of the Government and also price rise.

ERODE: Union Government employees staged a protest here on Wednesday evening against Government policies and price rise.

The employees, affiliated to National Federation of Postal Employees, Federation of National Postal Organisation and Income Tax Employees Federation, and a few other organisation formed a human chain in front of the Head Post Office, Erode.

They urged the Government to control price rise, which they said was because of rise in prices of petrol and diesel, forward and speculative trade in essential commodities, cut in States allocation of items meant for public distribution, permission to export sugar,and improper planning of food crops among others. The protesters pointed out that the Government had cut PDS allocation to States by as much as 73 per cent.

They also pointed to the absence of Department Council in various departments and arms of the Government and improper functioning of the Council where it existed and said both had caused discontent among employees, who were suffering without having a proper forum to air their grievances.

The employees highlighted the Government filling up Class Four/Group D vacancies with casual, contract and contingency staff, though the ban on recruitment had been removed.

Their other demand was to increase the medical allowance for pensioners. The Government had fixed the allowance at Rs. 100 though it had hiked other allowances, the protesters said and alleged that the Government had done so to only help private insurance firms.
Source: The Hindu

Pre-97 RBI staffers may get less pension from next yr

with 0 Comment

For the 4,000-odd people who retired from the Reserve Bank of India (RBI) before 1997and are now in their 70s, the new year will not start on a happy note as they will see their pensions reduced from January.

This is because of a government order that RBI has no power to update pension of its employees. This has been a bone of contention between the government and the central bank for the past one year. In 2003, RBI increased the pension of those who retired before 1997 by an administrative circular. The revision was based on pay drawn in 10 months prior to the retirement on a notional basis.

However, in October last year, in an internal circular, the central bank said, “as advised by government of India,” the updated pension scheme is withdrawn with immediate effect.

Protesting the move, the pensioners moved the Bombay High Court, which said they could represent to the government, which could dispose of the representation by a speaking order. The court said if the government order went against the petitioners, RBI would not reduce the pension for eight weeks from the time the speaking order was communicated to the petitioners. The government order, which went against the pensioners, was issued and communicated in the last week of October.

The decision will result in a loss of Rs 1,000-5,600 a month for these former RBI staffers, who are mostly septuagenarians. RBI would have incurred an additional cost of merely Rs 10 crore on updation. The government order said RBI did not have the power to update its pension scheme.

“As per RBI Pension Regulations, 1990, pension is to be calculated on the basis of the average of last 10 months pay drawn and not on the basis of notional pay. Further, there is no provision in the RBI Pension Regulations, 1990, to update pension,” said the finance ministry, adding, “RBI employees have an edge over central government employees on entitlement of gratuity, pay structure, revision of salary. If each service is allowed cherry picking of the best of other services, it will lead to an anarchical situation.”

The finance ministry said RBI’s pay structure was not comparable with that of central government employees for the reason that pay scales of RBI employees were revised after every five years, while for central government employees, the revision happenned after 10 years.

“There are no perquisites for central government employees while RBI employees are entitled to a host of perquisites,” the order said. It added that those who retired from RBI were much better placed than those who had worked for public sector banks as the central bank’s salary structure was much better.

The law ministry, which was consulted by the government, said pension regulations could not be amended through an administrative order but added that the employees of RBI, a statutory body, could not be equated with other central government employees as their pension was governed by regulations under the RBI Act.

The Indian Banks’ Association (IBA), which was consulted, also opposed the hike in pension saying a similar demand could be made on public sector banks. “Updation of pension may involve approximately an amount of Rs 1,042 crore (annually) for public sector banks, excluding the State Bank of India,” the government order said, quoting the IBA.
Source:Business Standard

Car Manufacturers lures Government employees

with 1 comment

A big reflection in the salary hike for government employees and army staff's , has increased the vendor's breath by expecting more progression on their sales. The nation's car manufacturers , consumer durable firms besides tour & travel operators expect that this hike may give a relief on their demand. Now a part of the vendor's view had turned on to the government officials and army staff's. Auto makers like Maruti Suzuki , Hyundai and General Motors have been the first ones to target on these consumers with schemes and aggressive discounts. Government employees and armed forces constitute a minuscule 5% of total cars sold in domestic market last year which has increased to 12-15% this year.

For example Maruti , which came up with 'Wheels of India' scheme targeted at central government employees managed to sell 10 , 641 cars in October through the promotion. Last year Maruti had sold just about 2 , 500 cars to consumers who happened to be employees of central government. Mayank Pareek , Sales Executive Officer Maruti Suzuki said that "Now we are extending the scheme to those who work with public sector undertakings besides state government employees. We are shortly launching special packages for ONGC , which is one of the largest institutional customers."

Similarly , Hyundai which has doled out discounts ranging between Rs 10 , 000-31 , 000 to government employees and army personnel has managed a three-fold increase in sales to 3 , 000 cars in October. They also have a tie up with SBI , Axis Bank and HDFC Bank to provide attractive finance schemes to help government employees buy a vehicle.

Recent Stories...


90Paisa - Dedicated to Central Government Employees and Pensioners. As and when orders amending the rules are published by the Government, the amendment orders will be published in our blog immediately. Readers are requested to refer to the source link is given at the end of the post.
All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. 90paisa accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.
Links to other websites that have been included on this blog are provided for public convenience only.
90paisa is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.
10 crore viewers…90 Paisa Blog touches new heights
Making a Mark Achieved 100 Million Page Views - "Central Government Employees News" Blog
We are proud of our latest accomplishment – 90Paisa Blog, the first ever blog for Central Government employees, has now crossed 10 crore hits!!!
From the bottom of our hearts, we express our sincere gratitude to all our patrons who have been supporting us all along.

Civilian Pay Matrix

Defence Pay Matrix

Popular Posts

Ever Green Posts

Ever Remembering Pots..!

Recent Posts