08.11.2016
All central employees and pensioners eagerly expected the 7th CPC report and its details. Because pay commission is the only opportunity for employees to get revised pay structure and allowances.
June 29th Cabinet Approves 7th CPC report
All medias highlighted some main points like minimum pay 18000,New pay matrix method, and House rent allowance decreased from 10%,20%,30% to 8%,16%,24% respectively.
Employees are not fully satisfied with that news. On July 25th revised pay rules 2016 published in the gazette notification. Employees were expected that they will get the new salary with allowances in coming months. But govt announced that employees will receive the only 7th CPC pay hike . Allowances will be paid as per 6th CPC rate because govt wants to examine allowances which 7th pay commission recommended.
Most of the employees are thinking that at the time itself federations might have been accepted the recommendations and after that negotiate with govt authorities about minimum pay and allowances.
Employees already received salaries without 7th CPC allowances. So this situation brings more pressure to trade unions to reach a positive settlement.
If it fails in this regard then decide to take a struggle path it might be a conversation among employees.
6 th CPC actual implement date is 1/1/2006.But recommendations come to effect on 1/9/2008.Central employees received arrears from 1/1/2006 without allowances including HRA. In the same manner, all allowances including HRA not been paid with 7th CPC revised pay. They received HRA and other allowances in 6th CPC rate which makes a heavy loss to central employees. They feel happy only if they are getting arrears with allowances and also govt will receive good responses from staff side.
The NC JCM also mentioned in a letter dated 12th October to Govt of India that all allowances to be paid from 1/1/2016.
For example a govt servant basic as on 01/01/2016 is 50500.Below table shows the difference between 6th CPC HRA and 7th CPC HRA.
Due to heavy loss in HRA employees are thinking about the decision which makes the way to govt for reconsidering allowances. Almost 10 months crossed without new HRA. No one knows the exact date of getting new HRA and other allowances with salary. All federations and Associations have to put their maximum effort to receive arrears with all allowances. The huge money must take rest at employees hands only because it belongs to them.
Banknotes of the denomination of ₹2,000 will be in circulation soon.
D.A. Order from Department of Posts.
GIVE HRA IN 7TH PAY COMMISSION RATES - 7TH CPC NEWS
All central employees and pensioners eagerly expected the 7th CPC report and its details. Because pay commission is the only opportunity for employees to get revised pay structure and allowances.
June 29th Cabinet Approves 7th CPC report
All medias highlighted some main points like minimum pay 18000,New pay matrix method, and House rent allowance decreased from 10%,20%,30% to 8%,16%,24% respectively.
Employees are not fully satisfied with that news. On July 25th revised pay rules 2016 published in the gazette notification. Employees were expected that they will get the new salary with allowances in coming months. But govt announced that employees will receive the only 7th CPC pay hike . Allowances will be paid as per 6th CPC rate because govt wants to examine allowances which 7th pay commission recommended.
Most of the employees are thinking that at the time itself federations might have been accepted the recommendations and after that negotiate with govt authorities about minimum pay and allowances.
Employees already received salaries without 7th CPC allowances. So this situation brings more pressure to trade unions to reach a positive settlement.
If it fails in this regard then decide to take a struggle path it might be a conversation among employees.
6 th CPC actual implement date is 1/1/2006.But recommendations come to effect on 1/9/2008.Central employees received arrears from 1/1/2006 without allowances including HRA. In the same manner, all allowances including HRA not been paid with 7th CPC revised pay. They received HRA and other allowances in 6th CPC rate which makes a heavy loss to central employees. They feel happy only if they are getting arrears with allowances and also govt will receive good responses from staff side.
The NC JCM also mentioned in a letter dated 12th October to Govt of India that all allowances to be paid from 1/1/2016.
Govt conduct meeting on 24th and 25 th October with NC/JCM to solve the issues of allowances and minimum pay. But It was assured by the Secretary(DoP&T) that, the issues raised by the Staff Side(JCM) would be taken up in the Allowance Committee meeting.
For example a govt servant basic as on 01/01/2016 is 50500.Below table shows the difference between 6th CPC HRA and 7th CPC HRA.
6th CPC HRA
|
7th CPC HRA 24%
|
Difference
|
5754
|
12120
|
6366
|
Due to heavy loss in HRA employees are thinking about the decision which makes the way to govt for reconsidering allowances. Almost 10 months crossed without new HRA. No one knows the exact date of getting new HRA and other allowances with salary. All federations and Associations have to put their maximum effort to receive arrears with all allowances. The huge money must take rest at employees hands only because it belongs to them.
Seventh Central Pay Commissions recommendations - revision of Pay scales - amendment of Service Rules/Recruitment Rules
Banknotes of the denomination of ₹2,000 will be in circulation soon.
Banknotes of the denomination of ₹2,000 will be in circulation soon.
The Reserve Bank of India has very nearly completed preparations for introducing this new high-value currency, sources said.
The notes have already been printed, and their despatch from the currency printing press in Mysuru has commenced.
The move assumes significance in the wake of a demand from some quarters that notes of ₹1,000 and ₹500 denominations be withdrawn to prevent hoarding of black money.
The highest denomination note printed by the RBI was the ₹10,000 note in 1938 and in 1954. They were demonetised in 1946 and 1978, respectively.
There has been no official word on the introduction of new notes either from the RBI or the government. The government, on the advice of the RBI , decides on various denominations of banknotes to be issued.
Big share
As of March 2016, the value of banknotes in circulation was ₹16,41,500 lakh crore, an increase of 14.9 per cent over the previous year.
In value terms, ₹500 and ₹1,000 notes together accounted for 86.4 per cent of the total value of notes in circulation. .
“During 2015-16, the demand for banknotes and coins remained high notwithstanding the growing shift towards non-cash modes of transactions,” the RBI said in its annual report for 2015-16.
According to reports, it costs a little over ₹3 to produce a ₹1,000 note, the lowest in terms printing costs as a proportion of value. Printing notes of smaller denominations is relatively more costly.
Personal Computer Advance for all Central Government Employees – Finmin Orders
Rs.50, 000 or the actual price of a PC, whichever is lower. The computer advance will be allowed maximum five times in the entire service.”
“Motor Car Advance and Motorcycle / Scooter Moped Advance will stand discontinued”
Grant of advances – Seventh Pay Commission recommendations – Amendment to Rules 21(5) of Compendium of Rules on Advances to Government Servants
No.12(1)/E.II(A)/2016
Government of India
Ministry of Finance
Department of
Expenditure
New Delhi, 7th October, 2016
OFFICE MEMORANDUM
Subject: Grant of advances – Seventh Pay Commission recommendations – Amendment to Rules 21(5) of Compendium of Rules on Advances to Government Servants.The undersigned is directed to say that in of the decision taken by the Government on the Seventh Pay Commission’s recommendations relating to advances, the existing provisions of Compendium of Rules on Advances – 21(5) relating to Personal Computer Advance are amended as per the amendments attached
.2. These orders will take effect from the date of issue of this O.M. The cases where the advances have already been sanctioned need not be reopened.
3. The other interest bearing advances relating to Motor Car Advance and Motorcycle / Scooter Moped Advance will stand discontinued.
4. In so far as persons serving in Indian Audit and Accounts Department are concerned, these orders issue in consultation with the Comptroller and Auditor General of India.
5. All Ministries/Departments are requested to bring the amendments to the notice of all its attached and subordinate offices for their information.
Hindi version of this O.M. is enclosed.
sd/-
(Pankaj Hazarika)
Director, E.II(A)
AMENDMENTS TO COMPENDIUM OF RULES ON ADVANCES TO GOVERNMENT SERVANTS, 2005
CONDITIONS OF GRANT OF COMPUTER ADVANCE:
Rule21(5)
Advance : Personal Computer Advance
Quantum : Rs.50000 or actual price of PC, whichever is lower
Eligibility Criteria : All government employees
(ii) The computer advance will be allowed maximum five times in the entire service.
