Tuesday, July 26, 2016

7th Pay Commission hikes notified, to bring cheers to 1 crore govt employees
Updated: Jul 26 2016 11:12 AM | Written by FE Online

7th Pay Commission hikes notified: The hike will result in increase in salaries in the range of Rs 7000 to Rs 18,000 per month. (PTI Photo)

Clearing the final hurdle towards payout of the 7th Pay Commission hike in salaries, the government has issued notification giving effect to the panel's recommendations. The notification was issued on Monday.

Monday, July 18, 2016


Pension Fund Regulatory and Development Authority (PFRDA) has introduced new features for
the benefit of National Pension System (NPS) subscribers, including an mobile app.
According to the statement, through the mobile app, ‘NPS by NSDL e-Gov’, subscribers can raise a request for transaction statement for a particular financial year that will be sent to the registered mail ID at end of the day.
Now, the NPS subscribers can view his/her NPS account, latest details of scheme wise units along with latest NAV and the total value of the schemes, details of the last five contributions credited, can change contact details (Telephone/Mobile no/Email ID), change password/security Question add/modify his/her password and set security question (for password reset) through Mobile App, it added.
×The subscribers also can now update/modify their address on their own using Aadhaar based authentication.
The statement said a subscriber whose bank has not confirmed (rejected) his/her KYC verification request can now update the address details and confirm KYC using Aadhaar based authentication.
Besides, the eNPS subscribers can now access the Central Recordkeeping Agency (CRA) system immediately after registering without waiting for physical I-PIN to be dispatched.
Currently, NPS has over 1.13 crore subscribers with total asset under management of more than Rs 1.08 lakh crore.
PFRDA is mandated to promote old-age income security and has been entrusted with the responsibility to regulate, promote and ensure orderly growth of NPS and other pension schemes not regulated under any other enactment.
Mobile app is now available in Google Play store.

Thursday, July 14, 2016

INDIAN BANK P.O. recruitment announcement!

PRESS RELEASE 12.07.2016
All India Bank Strike on 29th July, 2016
By 10 lacs Bank Employees and Officers.
At the call of United Forum of Bank Unions
Against Central Government's retrograde banking reforms
At the call of UNITED FORUM OF BANK UNIONS consisting of 9 trade unions of bank employees and bank officers ( AIBEA , AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO), 10 lacs of bank employees and officers working in Public Sector Banks, old Private Banks, Regional Rural Banks, Foreign Banks and Co-operative Banks will observe One Day Protest Strike on 29th July, 2016 to oppose the anti-people banking reform policies of the Central Government.
Demands: Halt retrograde Banking Sector reforms
1. Do not privatise banks

Monday, July 11, 2016

AIBEA, AIBOA & SSBEA : 12th and 13th July, 2016 Strike Deferrred.




Thursday, June 30, 2016

7th Central Pay Commission Approved!

7th Pay Commission – Confederation and Railway Unions to proceed with Strike – All Staff Side Associations termed 7th Pay Commission implementation as Disappointing:
Confederation of Central Government Employees and Workers reported on Govt’s decision on 7th Pay Commission report, as follows
7th CPC – Government Rejected All the Modifications sought by NJCA
No increase in Minimum Pay and Fitment Formula
Hold Protest Demonstrations and Rally in front of all Offices and at all import centres
NJCA will meet at 04:00 PM on 30th June 2016 to decide future course of action. Continue in full swing mobilization for indefinite strike from 11th July 2016.
M. Krishnan
Secretary General
Cabinet approves Implementation of the recommendations of 7th Central Pay Commission
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016.
In the past, the employees had to wait for 19 months for the implementation of the Commission’s recommendations at the time of 5th CPC, and for 32 months at the time of implementation of 6th CPC. However, this time, 7th CPC recommendations are being implemented within 6 months from the due date.
The Cabinet has also decided that arrears of pay and pensionary benefits will be paid during the current financial year (2016-17) itself, unlike in the past when parts of arrears were paid in the next financial year.
The recommendations will benefit over 1 crore employees. This includes over 47 lakh central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces.
1. The present system of Pay Bands and Grade Pay has been dispensed with and a new Pay Matrix as recommended by the Commission has been approved. The status of the employee, hitherto determined by grade pay, will now be determined by the level in the Pay Matrix. Separate Pay Matrices have been drawn up for Civilians, Defence Personnel and for Military Nursing Service. The principle and rationale behind these matrices are the same.

Tuesday, June 28, 2016

attack on Bank staff!

Economic Times News:
: Shiv Sena leader slaps, abuses bank employee in Maharashtra
Praveen Shinde, who is a Zila Parishad member, and his friends thrashed a Central Bank of India staff in Yavatmal district of Maharashtra.
Mayuresh Ganapatye | Posted by Shashank Shantanu
Mumbai, June 16, 2016 | UPDATED 22:5
In yet another incident showcasing Shiv Sena's hooliganism, a local leader was caught on camera slapping and abusing a bank employee in Yavatmal district of Maharashtra.
The video released by ANI shows, Praveen Shinde, who is a Zila Parishad member, and his friends thrashing and abusing a staff of the Central Bank of India. The incident took place on Wednesday (June 15).
Shinde is seen talking to the employee and then suddenly slapping him. One of Shinde's associates then showered a series of slaps on the employee who is seen evading the attack.
A senior bank staff, who is seated nearby, is seen trying to prevent the Sena men from attacking his staff.
In February, a Siv Sena