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Posted under News on 06 Feb,16 10:04p.m.
This will definitely cheer up all the central government employees who are disappointed at the moment as government is delaying the implementation of Seventh Pay Commission. Sources say that after One Rank One Pension, notification for 7th CPC could be released in coming months.Reportedly, Prime Minister Narendra Modi has ordered officials to speed up review process so that it could be implemented....
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Posted under News on 06 Feb,16 7:12p.m.
Finance Minister Arun Jaitley said on Friday that funds worth Rs 1.10 lakh crore have to be included in the upcoming budget for the implementation of the One Rank One Pension (OROP) and 7th Pay Commission recommendations."During the financial year 2016-17, the central government has to make provision for about Rs 1.10 lakh crore in order to meet the liabilities on account of implementation of 7th ....
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Posted under News on 06 Feb,16 9:28a.m.
Ministries and departments can raise afresh the demand for pay revision if they find that some of the justified suggestions made by the staff associations were not accepted by the 7th Central Pay Commission.Such demands could be submitted to the Implementation Cell (IC), created in the Finance Ministry, to work as Secretariat for the Empowered Committee of Secretaries headed by Cabinet Secretary P....
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Posted under News on 05 Feb,16 3:08p.m.
A meeting of all the Nodal Officers Of various Ministries/DepartmentS, who have been appointed to interact with the Implementation Cell in connection with the processing of the recommendations of the Central Pay Commission, was held on 02.02.2016. Joint Secretary (IC), Department of Expenditure, presided over the meetingView the document....
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Posted under News on 29 Jan,16 8:18p.m.
Nodal officers of different ministries and departments will hold first meeting on February 2 to formulate action points for processing 7th Pay Commission recommendations that have bearing on remuneration of about 1 crore central government employees and pensioners. An Empowered Committee of Secretaries, headed by Cabinet Secretary P K Sinha, has been set up to process the panel's recommendati....
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Posted under News on 29 Jan,16 8p.m.
Call it a good news or bad news! The 7th Pay Commission( 7th CPC) may be implemented only after One Rank One Pension (OROP) gets implemented.As per sources, the empowered committee of secretaries is likely to process the 7th CPC report only after the OROP is executed.Even though OROP notification took place in November 2015, it is yet to be executed due to demands of the ex-servicemen seeking modi....
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Posted under News on 25 Jan,16 10:15a.m.
Implementing the recommendations of the 7th Central Pay Commission( 7th CPC) is not going to be a cakewalk for the government.The brewing discontent amongst the central government employees is threatening to create a storm and disrupt the implementation process. The unions are asking around 44 percent hike on the basic minimum pay suggested by the 7th Central Pay Commission.The 7thCPC had recommen....
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Posted under News on 22 Jan,16 4:07p.m.
The Employees Provident Fund Organisation's (EPFO) finance panel has recommended raising the interest rate on statutory savings of over 5 crore subscribers from 8.75% to 8.95% during the current fiscal.The proposal has to be endorsed by the central board of trustees before the finance ministry notifies it. If it goes through, it will be the highest return since the 9.5% paid in 2010-11 and the hig....
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