Saturday, 19 March 2016

DA Merger News Central Government Employees and Pensioners

DA Merger News Central Government Employees and Pensioners

Compiling of Question and Answers about the news of “50% DA MERGER” to Central Government Employees and Pensioners – Hon’ble Parliament Members asked frequently about the expectation of 50 per cent Dearness allowance merging with basic pay to all CG Staff and Pensioners in Parliament (both Lok Sabha and Rajya Sabha) and the concerned minister has replied to these questions, we are compiling here for your information…


LOK SABHA
UNSTARRED QUESTION NO 3442
ANSWERED ON 30.08.2013

Minister of State for Finance said in the Lok Sabha on 30th August 2013 that “some Central Government Employees Associations have been demanding for the merger of 50% Dearness Allowance with Basic Pay and for constitution of 7th Pay Commission. The 6th Central Pay Commission had recommended not to merge Dearness Allowance with basic pay at any stage. Government accepted this recommendation vide its Resolution dated 29.08.2008. The recommendations of the previous Pay Commission i.e. 6th Central Pay Commission, were given effect from 1.1.2006. The setting up of next Pay Commission is considered normally after a gap of 10 years between two successive Pay Commissions. Hence the question of delay does not arise.

Dearness Allowance to Central Government employees is revised twice a year w.e.f. 1st January and 1st July, calculated on the basis of percentage increase in All India Consumer Price Index for Industrial workers”.


RAJYA SABHA
UNSTARRED QUESTION NO-4384
ANSWERED ON-07.05.2013

The below information was submitted by the Minister of State for Finance Shri Namo Narian Meena in Rajya Sabha on 7th May 2013 that the 5th Pay Commission had recommended that Dearness Allowance should be converted into Dearness Pay each time the Consumer Price Index increases by 50% over the base index used by the last pay Commission. Accordingly the Government issued orders on 27.02.2004 for merging of 50% of the DA with the basic pay w.e.f.01.04.2004.

The 6th Central Pay Commission had recommended not to merge Dearness Allowance with basic pay at any stage. Government has accepted this recommendation vide Resolution dated 29.08.2008. Hence the question to merge DA with basic pay does not arise. However, the rate of DA is being revised at periodic intervals.


RAJYA SABHA
UNSTARRED QUESTION NO-4385
ANSWERED ON-07.05.2013

Minister of State for Finance said in the Rajya Sabha on 7th May 2013, the 6th Central Pay Commission had recommended not to merge Dearness Allowance with basic pay at any stage. Government has accepted this recommendation vide Resolution dated 29.08.2008. There is no time frame/date prescribed for announcement of Dearness Allowance. The revision of rate of Dearness Allowance is announced by the Government as and when approved by the Cabinet.


RAJYA SABHA
UNSTARRED QUESTION NO-3139
ANSWERED ON-23.04.2013

There is no fact in dearness allowance is merging with basic pay after it crossed 50% level, the Minister of State for Finance Shri Namo Narain Meena said in the Rajya Sabha on 23rd April, 2013 and he also said that the 6th Central Pay Commission has recommended not to merge dearness allowance with basic pay at any stage. Government has accepted this recommendation vide Resolution dated 29.08.2008.


LOK SABHA
UNSTARRED QUESTION NO 5245
ANSWERED ON 26.04.2013

Shri Namo Narain Meena said in the Parliament on 26th April 2013, there is no proposal to merge 50% of Dearness allowance with basic pay and he also said that the 6th Central Pay Commission had recommended not to merge dearness allowance with basic pay at any stage. Government has accepted this recommendation vide Resolution dated 29.08.2008.


RAJYA SABHA
UNSTARRED QUESTION NO-1591
ANSWERED ON-12.03.2013

While answering to a question about the overdue of dearness allowance with pay and pension in the Parliament on 12th March, 2013, shri Namo Narain Meena said that no overdue and the 6th Central Pay Commission has recommended not to merge dearness allowance with basic pay at any stage. Government has accepted this recommendation vide Government of India Resolution dated 29.08.2008.


LOK SABHA
UNSTARRED QUESTION NO 3632
ANSWERED ON 14.12.2012

The below information was submitted as written reply for a question in Parliament on 14th December 2013 as follows…

A number of representations have been received from Associations/Organizations of Central Government Employees/Pensioners and individuals demanding merger of 50% of Dearness Allowance/ Dearness Relief with basic pay/pension respectively. The demand has been considered by the Government and not agreed to since the 6th Central Pay Commission has not recommended as such.

The 6th Central Pay Commission did not recommend merger of dearness allowance with Basic Pay at any stage. Government accepted this recommendation vide Government of India Resolution dated 29.08.2008.

Ad-hoc promotion from US to DS Grade of CSS and posting of a DS- revised vacancies and list of officers-seeking options regarding

Ad-hoc promotion from US to DS Grade of CSS and posting of a DS- revised vacancies and list of officers-seeking options regarding

No.4/11/2015-CS-I(D)
Government of India
Ministry of Personnel, Public Grievances and Pensions
(Department of Personnel & Training)
Lok Nayak Bhawan, New Delhi -110003
Dated the 19th March, 2016
OFFICE MEMORANDUM

Subject: Promotion of Grade-I (Under Secretary) officers of CSS to the Selection Grade (Deputy Secretary) on ad-hoc basis along with posting of a Deputy Secretary – Furnishing of personal information thereof.

The undersigned is directed to refer to this Department’s OM of even number dated 18.03.2016 on the subject mentioned above and to say that there is a change in the vacancy position of DS/Director grade of CSS as on 01.04.2016. Accordingly, the revised list of officers to be posted/promoted on ad-hoc basis and the revised vacancy position are at Annex.1 and Annex.11 respectively.

2. The officers may exercise their options as per RTP latest by 21.03.2016 (01 :00 PM) in the format at Annexure-III. If any officer has already exercised options, he/she may submit revised options if so desires. The options should be furnished to Under Secretary, CS-I (D), Department of Personnel and Training through e-mail (uscsoned@gmail.com ). If option is not received from the officers who are in the cadre by 21.03.2016, it will be presumed that the officer concerned has no specific option and posting will be decided by the Placement Committee accordingly. In case the officers who are on deputation do not furnish their options by the stipulated time, it will be presumed that they are not willing to repatriate to the cadre to avail ad-hoc promotion and their names will be considered in future only on receipt of written communication conveying their willingness to repatriate to the cadre to avail promotion.

3. The officers before submission of options should ensure that data in their respect is complete and update in the web based cadre management system (cscms.nic.in). If the data is not complete it should be first got updated before submission of option.
(V.Srinavasaragavan)
Under Secretary to th Government of India
Telefax: 24629413
To
1. Officers listed at Annex.1

OROP Arrears Table : 1St Instalment (1/4) WEF 01 Jul 14 to 29 Feb 16

OROP Arrears Table : 1St Instalment (1/4) WEF 01 Jul 14 to 29 Feb 16


OROP Arrears Table for Sepoy and NK Group ‘Y’

OROP Arrears Table for Sepoy and NK Group ‘Y’

 

OROP Arrears Table for NK & NK(TS) and Hony Hav Group ‘Y’ OROP Arrears Table for NK & NK(TS) and Hony Hav Group ‘Y’

 

OROP Arrears Table for Hav and Hony Sub Group ‘Y’

OROP Arrears Table for Hav and Hony Sub Group ‘Y’


 

OROP Arrears Table for Nb Sub and Subedar Group ‘Y’

OROP Arrears Table for Nb Sub and Subedar Group ‘Y’


OROP Arrears Table for Sub Maj Group ‘Y’ and Hony Lt

OROP Arrears Table for Sub Maj Group ‘Y’ and Hony Lt

 

OROP Arrears Table for Hony Capt and NCs(E)

OROP Arrears Table for Hony Capt and NCs(E)
ARREARS - 1st INSTALMENT Spread Sheet ; LINK HERE

Source: http://rajasthanveterans.blogspot.in/

Interest Rate Reduction on Public Provident Fund cut to 8.1% from 8.7%

Interest Rate Reduction on Public Provident Fund cut to 8.1% from 8.7%

In a move that will hit the common man, the government today slashed interest rates payable on small savings including PPF and Kisan Vikas Patra (KVP) in a bid to align them closer to market rates.

As a part of its February 16 decision to revise interest rates on small savings every quarter, the interest rate on Public Provident Fund (PPF) scheme will be cut to 8.1 per cent for the period April 1 to June 30, from 8.7 per cent, at present.

Similarly, the interest rate on KVP will be cut to 7.8 per cent from 8.7 per cent, according to Finance Ministry Order F.No.1/04/2016-NS.II, issued today.

While the interest rate on Post Office savings has been retained at 4 per cent, the same for term deposits of one to five years has been cut. The popular five-Year National Savings Certificates will earn an interest rate of 8.1 per cent from April 1 as against 8.5 per cent, at present.

A five-year Monthly Income Account will fetch 7.8 per cent as opposed to 8.4 per cent now. Girl-child saving scheme, Sukanya Samriddhi Account will see interest rate of 8.6 per cent as against 9.2 per cent.

Senior citizen savings scheme of five-year would earn 8.6 per cent interest compared with 9.3 per cent.

“On the basis of the decisions of the government, interest rates for small savings schemes are to be notified on quarterly basis,” the order said announcing the rates for the first quarter of fiscal 2016-17.

Post Office term deposits of one, two and three years command an interest rate of 8.4 per cent but from April 1, a 1-year Time Deposit will get 7.1 per cent, 2-year Time Deposit will earn 7.2 per cent and 3-Year Time Deposit will attract interest of 7.4 per cent.

Five-year time deposit will fetch 7.9 per cent interest in the first quarter as against 8.5 per cent while the same on five-year recurring deposit has been slashed to 7.4 per cent from 8.4 per cent.

The government had on February 16 announced moving small saving interest rates closer to market rates. On that day, rates on short-term post office deposits was cut by 0.25 per cent but long-term instruments such as MIS, PPF, senior citizen and girl child schemes were left untouched.

Post office savings of 1, 2 and 3 year term deposits, Kisan Vikas Patra (KVP) as well as 5-year Recurring Deposits till now earned 0.25 per cent higher interest than the government securities of similar tenures.

This advantage has been withdrawn with effect from April 1, 2016, the Finance Ministry said. On February 16, the government had left Sukanya Samriddhi Yojana, Senior Citizen Savings Scheme and the Monthly Income Scheme (MIS) — which command 0.75 per cent, 1 per cent and 0.25 per cent higher interest rate respectively than G-secs — untouched, saying they are linked to social security goals.

Similarly, long-term instruments such as 5-year term deposit and similar tenure National Saving Certificates as well as Public Provident Fund (PPF) had been left unchanged. But today, the interest rates on all these deposits have been cut.

Kisan Vikas Patra or KVP that currently provides for doubling of principal in 100 months (8 years and 4 months) will now be doubled in 110 months (9 years and 2 months) after the interest rate revision.

In February, the government had stated that the cut in small savings interest rate would help the economy move to “a lower overall interest rate regime eventually and thereby help all, particularly low-income and salaried classes”.

The government has also permitted premature closure of PPF accounts “in genuine cases”, like serious ailment or higher education of children.

“This shall be permitted with a penalty of 1 per cent reduction in interest payable on the whole deposit and only for the accounts having completed five years from the date of opening,” it added.

The interest rate for every quarter would be decided on the 15th of the preceding month.

So, for the April-June quarter, rates should have been set on March 15 but they were delayed. The rates for April-June quarter are based on G-Sec rates that prevailed in the previous three months — that is December, January and February.

PTI

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