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Pay Hike
Showing posts with label Pay Hike. Show all posts
Showing posts with label Pay Hike. Show all posts

Monday, 9 October 2017

7th Pay Commission: Government mulling over hike in pay without arrears

Babloo - 09:19:00

7th Pay Commission: Government mulling over hike in pay without arrears
Government is mulling an increase in the hike in pay to central government employees beyond 7th pay commission recommendations, a top Finance Ministry official, who did not wish to be named told The Sen Times here today.

Government will come out with a decision in this regard soon after consulting finance experts and weighing its pros and cons, he said.

Government is now considering to make only pay hike for its employees.

"The financial advisers of the government believe it could be tough to give arrears of the hike in pay as the government has been worried after the April-June GDP growth slipped to a three-year low of 5.7 percent but government believes it will bounce back in the second quarter. Among others, it observed that this year's fiscal math is already stressed as public spending was front-loaded to offset slower private sector participation and cushion the impact of GST roll-out", he revealed.

"All round development is possible only hike in basic pay with fitment factor 3.00 and minimum pay will be raised to Rs 21,000," he said.

The 7th Pay Commission, led by Justice A K Mathur, earlier proposed minimum basic pay from Rs 7,000 to Rs 18,000 per month while the maximum basic pay from Rs 80,000 to Rs 2.5 lakh, which have been paid with arrears, effective from January 1, 2016.

The central government employees unions had expressed their dissatisfaction over the inadequate hike in basic pay in accordance to the pay panel recommendations.

They are demanding for hiking minimum pay Rs 18,000 to Rs 26,000 and the and asked to raising fitment factor 3.68 times from 2.57 times.

Stating that National Anomaly Committee (NAC) headed by Secretary, Department of Personnel and Training (DoPT) has been formed under pressure in September, 2016 to look into pay anomalies arising out of the implementation of the 7th Pay Commission's recommendations, the official said, "The NAC meeting is likely to be held in October to confirm to hike the basic pay with fitment factor 3.00."

Pointing out that the Finance Minister Arun Jaitley had promised to hike minimum pay after discussions with all stakeholders, he said, "government has made active efforts to fulfill the same".
The proposal of hike in pay is likely to be sent to the Finance Minister Arun Jaitley from NAC, after which it will be placed before the cabinet. Official believes it will come into effect within January' 2018.

TST

Saturday, 15 April 2017

7th CPC: Strike call by nurses federation over pay hike

Babloo - 10:30:00

7th CPC: Strike call by nurses federation over pay hike

7thCPC-pay-hike-nurses


GOVERNMENT OF INDIA
MINISTRY OF HEALTH AND FAMILY WELFARE
RAJYA SABHA

UNSTARRED QUESTION NO-4434
ANSWERED ON-11.04.2017

Strike call by nurses federation over pay hike
4434 . Shri Dilipbhai Pandya
Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

(a) whether it is a fact that All India Nursing Federation has been demanding for revision of their pay scales and a hike in allowances, if so, the details thereof;

(b) whether Government has taken any decision on their demands; and

(c) the steps being taken by Government to appease the unions of nurses and persuade them to call off their strike?


ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND  FAMILY WELFARE
(SHRI FAGGAN SINGH KULASTE)

(a) & (b): Yes. Like other Federations/Union, All India Nursing Federation (AIGNF) is demanding better pay and allowances to the Nursing Personnel. Their demands on various allowances such as Nursing allowance, Uniform & Washing allowance, Special Area Allowance etc. payable to Nurses and inclusion in the risk matrix as allowed by 7th CPC to various categories of Government servants has been referred to the Committee on Allowances comprising Finance Secretary & Secretary( Expenditure) as Chairman and Secretaries of Home Affairs, Defence, Health & Family Welfare, Personnel & Training, Posts and Chairman, Railway Board as Members.

(c): Consultations/persuasion always made with the representatives of the Union/Federation to avoid strike.

Source: RAJYA SABHA

Saturday, 30 July 2016

7th CPC arrears to be paid in single installment along with the payment Of salary for the month Of Aug, 2016

Babloo - 10:09:00
7th CPC arrears to be paid in single installment along with the payment Of salary for the month Of Aug, 2016

New Delhi: Government has decided to pay its employees arrears arising from implementation of the 7th Pay Commission recommendations in one go in August salaries.

The government has already notified the 2.57-time hike in basic salary of one crore central government employees and pensioners as per the 7th Pay Commission recommendations. The pay hike has been made effective from January 1, 2016.

In an instruction, the Finance Ministry also said that the revised pay structure effective from January 1, 2016, would include the Dearness Allowance of 125 per cent provided in the pre-revised pay structure. The rate of the first installment of DA under revised pay will be announced later.

“The arrears as accruing on account of revised pay consequent upon fixation of pay under CCS (RP) Rules, 2016 with effect from January 1, 2016, shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, after making necessary adjustment on account of GPF and NPS, as applicable, in view of the revised pay,” said the Finance ministry Office Memorandum
No.1-5/2016-IC today.

In order to expedite disbursal of arrears, the instructions said the “arrear claims may be paid without pre-check of the fixation of pay in the revised scales of pay.”

However, it added, that the facilities to disburse arrears without pre-check of fixation of pay will not be available for those public servants who have retired, resigned or dismissed after the date of implementation of the Pay Commission recommendations.

The minimum pay in central government with effect from January 1, 2016 will now be Rs 18,000 per month, up form Rs 7,000 per month. At the highest level of Cabinet Secretary, the salary would go up from Rs 90,000 a month to Rs 2.5 lakh.

There shall be two dates for grant of increment – January 1 and July 1 every year – instead of the existing July 1 only.

The instruction further said that Income Tax would be deducted before payment of arrears.

PTI

Sunday, 10 April 2016

7th Pay Commission: Guess who else is going to benefit from Central Government Employees Pay Hike!

Babloo - 11:55:00
7th Pay Commission: Guess who else is going to benefit from Central Government Employees Pay Hike!

It is not just Central government employees eagerly anticipating implementation of the 7th pay commission and take home higher monthly pay package.

Your next-door real estate agent, car dealer and consumer durables seller are also seen gaining from the pay commission hike. According to reports, almost 3.4 crore individuals (employees and pensioners) will witness increase in their incomes, resulting in a multiplier effect on a couple of professions.

Real estate agent: Realty sector is expected to eventually succeed in shaking off the sluggish demand and witness spurt in the sale of houses in tier 1 and tier 2 cities as more than 80 percent of Central government employees lives in these cities

As a result of the foreseen demand, the Reserve Bank of India expects sharp, quick and continuous spurt in the housing index.

Car dealer: With implementation of the 7th CPC, your next door car or two wheeler dealer may rejoice too. The industry expects double digit increase in automobile sales especially two-wheeler, the mini and the compact hatch back segment.

Consumer durables seller: The increase in disposable income will no doubt boost the disposable income leading to increased demand for consumer durables goods like refrigerators, TV etc

Banker: Of course, peaking demand for automobiles, real estate and consumer durable will create demand for consumer loans. The consumer loans section of banks and NBFCs will vie to get the larger share of the indirect gain from the 7th CPC salary hike.

The scenario of crores of potential customers and falling interest rate will announce a win win situation for the banks and consumers both.

Via:  Zee News
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