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Posted under News on 04 May,15 6:59a.m.
Government employees covered under the National Pension System (NPS) will soon get the right to choose their retirement fund manager, switch him if not satisfied with his performance and opt for higher (50%) investments in equities as the Pension Fund Regulatory and Development Authority (PFRDA) looks to liberalise norms for the sector’s growth.These changes, which will likely be approved by the p....
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Posted under News on 01 May,15 8:07p.m.
The All-India CPI-IW (AI CPI-IW) for the month of March 2015 has been released by the Labour Bureau, Government of India. The index increased by one point from February 2015 and now stands at 254. Even though we have only 9 of 12 indices required to calculate the dearness allowance from July 2015, it can be assumed that the Dearness Allowance from January'15 will be 118 - 119%. ....
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Posted under News on 28 Apr,15 1:38p.m.
Central Government employees, who are planning a demonstration near Parliament on Tuesday demanding scrapping the New Pension Scheme and raising the bonus limit, have decided to go on an indefinite strike from November 23 if their demands are not met.“If the demands are not met, then the joint action committee has decided to go for an indefinite strike from November 23. The strike will include the....
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Posted under News on 24 Apr,15 8:30p.m.
The recommendations of the 7th Pay Commission on pay revision of the central government employees is expected to be submitted to the government this year, the Lok Sabha was today informed.Responding to a supplementary, Finance Minister Arun Jaitley said, ”Additional Tencent revenue share for the state being provided by the Centre from this year and the recommendations of the pay commission– tha....
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Posted under News on 23 Apr,15 7:01p.m.
Unmarried central government employees can now avail benefits of Leave Travel Concession (LTC) for visiting any part of the country, as per a relaxation in the rule, which earlier restricted them to use the facility for going to their hometown only."It has been decided that the facility of conversion of home town LTC to allow travel to different parts of the country, under the special dispensation....
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Posted under News on 23 Apr,15 3:04p.m.
The Supreme Court on Wednesday asked the government to clarify its stand on the Army’s 2009 promotion policy, which prescribes preferential promotions to officers from select arms.It sought to know whether the government had approved the “Command Exit” model meant for officers of the rank of Colonel and above.This policy was quashed by Armed Forces Tribunal, compelling the Army to appeal in the SC....
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Posted under News on 22 Apr,15 10:09a.m.
An issue that has split the 1.13 million strong Indian Army down the middle is likely to be resolved on Wednesday when the Supreme Court decides on the promotion policy of the force. The appeal was filed by the Central government against a decision of the Armed Forces Tribunal (AFT) quashing the Army's promotion policy for the rank of Colonel and above from January 2009.A Bench comprising Justices....
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Posted under News on 15 Apr,15 10:02a.m.
Dear MembersIESM has been getting calls from veterans who wanted to know the correct position of OROP. Veterans are very confused about the various mails floating on the net giving different status of OROP. IESM sought an appointment with RM to learn the real situation from RM himself. IESM delegation consisting of four members Maj Gen Satbir Singh, Maj Gen AJB Jaini, Gp Capt VK Gandhi and Ho....
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