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Finmin Order 2013 : Re-exercise of option under Rule 6 of the CSS (RP) Rules, 2008, in case of employees covered under the OM dated 19.3.2012

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Finmin Order : Date of next increment in the revised pay structure under Rule 10 of the CCS(RP) Rules, 2008.

Central Civil Services (Revised Pay) Rules, 2008 - the re-exercise of option under Rule 6 of the Central Services (Revised Pay) Rules,2008 in case of employees covered under the OM dated 19.3.2012 - Finmin order 2013.

No. 10/2/2011-E-III(A)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 3rd January, 2013


Subject: Central Civil Services (Revised Pay) Rules, 2008 - the re-exercise of option under Rule 6 of the Central Services (Revised Pay) Rules, 2008 in case of employees covered under the OM dated 19.3.2012.

The undersigned is directed to invite a reference to Rules 5 & 6 of the CCS(RP) Rules, 2008, as per which a Central Government employee had an option to elect to come over to the revised pay structure either from 1.1.2006 or from the date of his next increment or from the date of promotion, upgradation of pay scales. Such an option was to be exercised within 3 months from the date of publication of CCS (RP) Rules, 2008. The rule also provides that the option once exercised shall be final.

Pre-budget meeting with the representatives of various Central Trade Unions - FM

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There is A need to Revive investment in Manufacturing and Service Sector in Order to Create higher job Opportunities: FM 

The Union Finance Minister Shri P .Chidambaram said that there is a need to revive investment in manufacturing and service sector in order to create higher job opportunities. The Finance Minister said that at present, the economy is passing through a difficult phase mainly due to external factors and, therefore, there is immediate need to tide over the current situation and then move to the path of higher growth. The Finance Minister was making opening remarks during his second pre-budget meeting with the representatives of various Central Trade Unions here today. The Finance Minister said that there was a slowdown in investment in manufacturing sector as a result not enough jobs were created. The Finance Minister Shri Chidambaram said due to the various steps and measures taken by the Government in the last few months, there seems to be a change in the investment sentiments both in public and private sectors. The Finance Minister said that higher growth leads to creation of more jobs. He said trade unions can play an important role in reviving the manufacturing sector which in turn can lead to creation of more job opportunities in the sector. 

Expected DA from January 2013 : Dearness Allowance vs AICPIN

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Expected Dearness Allowance from January 2013 vs AICPIN-IW

The rate of dearness allowance payable to central government employees might be enhanced from 72% to 80% with effect from January 2013

All India Consumer Price Index Number for Industrial Workers is the only Index watched keenly by each and every Central Government Employees now. Because the rate of Dearness allowance granted twice in a year for cg employees is determined by this Index only. It is irony that no one is happy to see the hike in prices of essential commodity, but all the government servants are eagerly awaiting to know how much the rate of Dearness allowance will be increased at the end of every 12 months from the month of January and July. The interesting thing to be noted in dearness allowance vs AICPIN_IW is that the AICPIN-IW reflects the increase in the prices of basket of essential commodities, whereas, the rate of dearness allowance reflects the increase or decrease in AICPIN-IW. It is quite obvious that the AICPIN – IW is always in the trend of increasing mode due to the price rise, so as the rate of dearness allowance is also increasing twice in a year.

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