India Post Payments Bank eyes synergies with financial services biz of India Post

The India Post Payments Bank is working on striking synergies with the Post Office Savings Bank of the Department of Posts to ensure that its customers don’t look elsewhere for parking deposits exceeding ₹1 lakh.

In view of the regulatory restriction that a payments bank can hold a maximum balance of ₹1lakh per individual customer, the India Post Payments Bank (IPPB) is planning to create a mechanism whereby balances over this limit get automatically transferred to the Post Office Savings Bank (POSB). In this regard, the IPPB is closely examining a clause in the Reserve Bank of India’s payments bank guidelines whereby it can accept a large pool of money to be remitted to a number of accounts provided at the end of the day the balance does not exceed ₹1 lakh.

7th pay commission: Odisha Fitment panel to give report in 4 months

The fitment committee set up by the Odisha government for implementation of 7th Pay Commission recommendations for its employees and pensioners will submit its report to government in four months.

The 6-member panel will be headed by Development Commissioner R Balkrishnan while Home Secretary Asit Kumar Tripathy, Forest and Environment Secretary Suresh Mohapatra, Finance Secretary Tuhin Kanta Pandey, Finance Special Secretary A.K. Meena and OSD-cum-special Secretary of Finance Aswini Kumar Mishra will be its members.

7th Pay Commission: No Scope To Change In Minimum Pay, Allowances

Finance Ministry sources today said on condition of anonymity, there is no scope to change in minimum pay and allowances, which were recommended by the 7th Pay Commission.

The sources came up with the remark while talking to us about hiking of pay scales and allowances of all central government employees and officials by the National Anomaly Committee and the Committee on allowances than the 7th Pay Commission recommendations.

Those who will hope over these issues will gain nothing but no change on 7th Pay Commission recommendations of pay scales and allowances are very much possible, they added.

Replying to a question, the sources said, “The demands of central government employees over their pay scales and allowances are likely not to be considered by the National Anomaly Committee on behalf of the government.”

Odisha to implement 7th Pay Commission recommendations

Odisha to implement 7th Pay Commission recommendations

In a Diwali bonanza for the state government employees, chief minister Naveen Patnaik announced Odisha’s decision to implement the recommendations of the Seventh Pay Commission.

“The state government has decided to implement the recommendations of the Seventh Pay Commission. A fitment committee has been formed to work out the modalities. This will benefit the state government employees and pensioners”, Patnaik said.

7th CPC Fitment Factor : Proceedings of the Committee are extremely disappointing

Proceedings of the Committee set up to examine 7th CPC Fitment Factor issue  are extremely disappointing- NCJCM to Finance Minister.

Certainly it is a strong message sent to Government by NCJCM this time after the Meeting with two Committees. It was highly expected that Minimum Wage and Fitment factor issue and Allowance issues will be settled in favour of Govt servants. But after the meeting with Addl. Secretary(Expenditure), on 24.10.2016, the NCJCM has no good message to tell its affiliates. So it has no other way than to inform the Finance Minister that the out come of the Meeting is not satisfactory . The Letter posted in NCJCM Blog is reproduced here..

After DA, Central Govt Employees Now In Wait For Fatter Allowances

The central government today announced 2 per cent dearness allowance, benefiting its 48 lakh central government employees and 52 lakh pensioners, in a bid to ease the inflationary pressure.

All eyes of central government employees are now on ‘Committee on Allowances’, which will take a final decision in fatter allowances under the 7th Pay Commission recommendations.

The increasing of Dearness Allowance (DA) of central government employees and officials were not helpful for maintaining their living standard, Finance Ministry’s official said on Thursday.

2% DA Announced for Central govt employees and Pensioners w.e.f 1.7.2016

Cabinet Approves 2% DA for Central govt employees and Pensioners w.e.f 1.7.2016

Cabinet approves release of an instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 01.07.2016

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval to release an instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.07.2016 representing an increase of 2% of the revised Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

GDS Bonus ceiling revised to 7000 from 3500 w.e.f 2014

Enhancement of ceiling for calculation of ex-gratia Bonus payable to Gramin Dak Sevaks from Rs. 3500/- to Rs. 7000/- - Regd.

Vide Department of Posts (Establishment Division)/PAP Section it has been conveyed that the ceiling for calculation of ex-gratia Bonus payable to the GDSs has been raised from Rs.3,500/- to Rs.7,000/- per month from the accounting year 2014-15.

Arrears will be paid for the year 2014-2015. Orders already sent to all Heads of Circles.

DA for government employees, pensioners may be hiked 2% in Diwali bonanza

In what could bring cheers to 50 lakh central employees and 58 lakh pensioners ahead of Diwali, the Centre is all set to announce 2% dearness allowance (DA) to be effective from 1 July 2016.

“The proposal to provide 2% dearness allowance and dearness relief to central government employees and pensioners respectively, is listed on agenda of the Union Cabinet meeting scheduled for tomorrow,” a person familiar with the matter said.

Dearness allowance and dearness relief is provided to employees and pensioners to neutralise the impact of price rise on their earnings. Earlier this year the government hiked dearness allowance by 6% to 125 % of the basic pay.

The DA was later merged into the basic pay following implementation of 7th Pay Commission award. The central government employee unions want that the DA should be increased by 3% and not 2% which is being considered by the Centre.

7th Pay Commission Minimum Pay and Fitment Formula – Confederation prepares for Strike

7th Pay Commission Minimum Pay and Fitment Formula – Confederation prepares for Strike as Govt adopts delaying tactics – No significant developments in 7th CPC allowances committee meeting also which was held on 25 Oct 2016

Revision of Minimum Pay and Fitment Formula 2nd Meeting of the Group of Senior Officers with JCM (NC) Staff Side

DISAPPOINTING

2nd Meetings of the Group of Senior Officers (Constituted as per the assurance given by Group of Minister to NJCA) to discuss the grievances arising out of recommendations related to 7th Central Pay Commission, was held with JCM (NC) staff side on 24.10.2016 at 4 PM. The staff side explained in detail the justification for modification in the minimum pay and fitment formula, which was already explained in the memorandum submitted to Cabinet Secretary on 10th December 2015 and also in the presentation made before Joint Secretary Implementation Cell and Empowered Committee of Secretaries headed by Cabinet Secretary.

Confederation Report on Allowance Committee and Standing Committee Meeting

CIRCULAR DATED 26TH OCTOBER 2016

REVISION OF MINIMUM PAY AND FITMENT FORMULA
2ND MEETING OF THE GROUP OF SENIOR OFFICERS WITH JCM (NC) STAFF SIDE

DISAPPOINTING

2nd Meetings of the Group of Senior Officers (Constituted as per the assurance given by Group of Minister to NJCA) to discuss the grievances arising out of recommendations related to 7th Central Pay Commission, was held with JCM (NC) staff side on 24.10.2016 at 4 PM. The staff side explained in detail the justification for modification in the minimum pay and fitment formula, which was already explained in the memorandum submitted to Cabinet Secretary on 10th December 2015 and also in the presentation made before Joint Secretary Implementation Cell and Empowered Committee of Secretaries headed by Cabinet Secretary.

From the response of the Senior Officers, it is not clear whether they are mandated to submit a proposal on increasing the Minimum Pay and Fitment formula to Government, as assured by the Group of Ministers on 30th June 2016. Even Though, the time frame of four months is almost over, the urgency and seriousness was lacking on the part of the Group of officers. It seems that that Government is adopting a delaying tactics or to deny the assured increase. Perhaps, they may recommend an increase in minimum pay and fitment formula at a later date, but it is quite uncertain.

7th Pay Commission latest news: Government likely to make some major announcement after meeting with staff side

In the meeting, the JCM Secretary Shiv Gopal Mishra is also present along with senior other officials.

The second meeting of senior government officials with central government employees unions leader has already started in New Delhi over the hike in their minimum wage. The meeting started at 4:00 pm and will end in few hours after which a major announcement is expected today. Most of the central government employees believe that the in spite of Finance Minister Arun Jaitley‘s promise, the government had not done enough for them and the government has not cared to make any attempt to hike minimum pay till date. The high-level meeting between the Additional Secretary (Expenditure), Department of Expenditure, Ministry of Finance and the Standing Committee of National Council (Staff Side) NJCA, was earlier postponed and it was held today at 4:00 PM.

Govt agreed to resolve minimum wage and fitment formula issues

Govt agreed to resolve the minimum wage and fitment formula issues in the meeting held today between NCJCM with Addl. Secretary (Exp.), Deptt. of Exp., MoF(Govt. of India) to discuss the recommendations of the 7th CPC.

No.NC/JCM/2016

Dated: October 24, 2016

All Constituents of NC/JCM
Dear Comrades!

Sub: Brief of the meeting held today with Addl. Secretary (Exp.), Deptt. of Exp., MoF(Govt. of India) to discuss the recommendations of the 7th CPC.

A meeting was held today between the Addl. Secretary (Exp.), Deptt. of Exp., MoF(Govt. of India) and Staff Side, National Council(JCM), to discuss the issues of Minimum Wage and Multiplying Factor.

Solution for the SB closure error-"The account closure can proceed only if the balance is zero" in DOP Finacle

• Generally we will use the menu HCAAC for closure of SB accounts in DOP Finacle.
• HCAAC stands for A/c closure Transaction A/cs
• But in some cases when we try to close the SB account we will generally face the error- "The account closure can proceed only if the balance is zero" in DOP Finacle.
• The error screen shot will be as shown in the below figure

 

• From the above screen shot it is clear that the system is showing the above error hence the account is not able to close in the system

9 Ways To Keep Your Debit Card Safe From Hackers

1) Change debit card PIN, either at the ATM or via net banking.

2) Stick to using your own bank’s ATM for a while.

3) Change your PIN every two-three months.

4) Never share your ATM PIN with anyone. Not even bank officials.

5) Your net banking details are equally important. Keep changing your net banking password.

2 Days Nationwide Strike on 09th & 10th November 2016 notified by Postal Employees Union

STRIKE NOTICE SERVED

MEETING ON GDS BONUS ISSUE WITH THE DEPARTMENT OF POSTS

A meeting on GDS bonus issue was convened by the Member (P) Shri A.K. Dash in his Chamber in the evening of 19.10.2016 with PJCA leaders Secretary Generals and Presidents of NFPE & FNPO attended the meeting.

Member (P) told that the case of enhancement of bonus ceiling is being pursued by the Secretary Post. He has met with Finance Secretary personally and requested to expedite the matter. Minister (C) has also written letter to Finance Minister to grant enhanced bonus to GDS. He assured that it will be approved by Finance Ministry soon. He appealed to defer the agitational programmes including 2 days Strike on 9th &10th November,2016 . He assured to issue orders for casual labourers wage revision also.

Employee can exceed earned leave limit: HC

In a significant judgment, the Punjab and Haryana High Court has ruled that the accumulated unutilised leave of an employee cannot be reduced to 300 days even if he is entitled to leave encashment for a maximum of 300 days.

The ruling came in case of Haryana Government employees after the High Court was told that accumulated earned leave was reduced to 300 days time and again during the course of service on the assumption that they were entitled to a maximum of 300 days earned leave.

Eventually, when the time came for encashment of unutilised earned leave, they were granted the benefit for lesser number of days.

“If an employee is entitled to leave encashment for a maximum limit of 300 days, that does not mean that the accumulated unutilised leave is to be reduced to 300 days if it exceeds the limit. The earned leave will continue to accumulate till the retirement of the petitioners and the petitioners are to be granted the maximum benefit of 300 days, as stated in the rules,” Justice Kuldip Singh ruled.

Announcement of DA for July 2016 to be made urgently – NCJCM Staff Side

Announcement of  DA for July 2016 to be made urgently – NCJCM Staff Side

Shiva Gopal Mishra
Secretary

Ph.: 23382286
National Council(Staff Side)
13-C, Ferozshah Road, New Delhi -110001
E Mail : nc.jcrn.np@gmail.com

No.NC.JCM-2016/Fin.(DA)

October 18, 2016

The Secretary,
Govt of India
Ministry of Finance,
Department of Expenditure,
North Block, New Delhi 110001

Subject: Grant of Dearness Allowance With effect from 1.7.2016 — Reg.

Dear Sir

We refer to our letter of even No.NC/JCM/2016 dated September 6, 2016 wherein we have requested for an amendment to the existing formula of DA computation, necessitated by the revision of Pay with effect from 01.01.2016. We hope that you must have caused the matter to be examined.

7th Pay Commission – Is the Revised HRA Enough?

7th pay commission recommendation on HRA – House rent allowance, in short called as HRA is provided to every central government employee to meet the cost of renting a house in the city of work when no quarters facility is available to him.

However, the prevailing rate of house rent allowance (HRA) of 30, 20 and 10%  has been reduced to 24, 16 and 8% respectively by the 7th Pay Commission.

The 7th pay commission, in its report has recommended that the rate of HRA may be revised to 27, 18 and 9% respectively when DA crosses 50 percent, and further revised to 30, 20 and 10% when dearness allowance (DA) crosses 100 percent.

WARNING MESSAGE - BO ACCOUNT OPENING IN SUB OFFICES

This is regarding the warning message “RICT Unique number is not entered. Do you want to proceed” thrown while opening BO account. A new patch has been deployed in PRODUCTION for FSI ROLLOUT.

Please find below the details of the patch

The field RICT unique number is for entering the unique number generated in RICT device while opening of new accounts (SB / RD / TD). So, while opening new accounts, if BO is selected, then the warning message you have mentioned will be displayed and the offices can skip this by selection YES option if  RSI FSI rollout has not happened.

7th Pay Commission pay scale report: Top 7 points to know

7th Pay Commission on pay and pension: Once the recommendations of the 7th Pay Commission are implemented, the biggest gainers will be pensioners. While the 7th Pay Commission pay scale increase of serving employees is 16%, pensioners will see a 23.63% rise. However, the big gain per se is in allowances, which rise by as much as 63%. 

Here we will elaborate on the 7th Pay Commission pension recommendations:

1. The 7th Pay Commission report has determined the initial starting salary at the lowest entry point in government at Rs 18,000, when the comparable wage for a helper in the private sector would be only about Rs 9,000 to Rs 11,000 per month. Currently, in the government, this employee gets about Rs 15,750, including dearness allowance. In other words, if the proposals are accepted, with effect from the new year, the increase in emoluments at the lowest level in the government will be a minimum of 14.2%

7th Pay Commission: Enhanced incentives proposed for Central govt staff acquiring higher qualification

7th Pay Commission: Enhanced incentives proposed for Central govt staff acquiring higher qualification

In its report, the 7th Pay Commission proposes huge increase for Central government employees to obtain higher qualifications.

The 7th Central Pay Commission (CPC) may have recommended abolition of 51 allowances, and subsuming 37 others after examining 196 allowances. The final decision however rests with the Centre. While this may cause concern among Central government employees, there are some surprises in store for them.
CPC has not only accepted the demand for retaining some of the allowances, but has also enhanced the amount in its recommendations.

For instance, incentives paid to Central government employees for acquiring higher qualifications. The CPC has proposed a steep hike to staff from the amount currently payable — ranging from Rs 2,000 to Rs 10,000, subject to caveats and existing norms governing such payments.
“The Commission appreciates the need to encourage acquiring of higher qualifications. At the same time, it is important that the knowledge so acquired is directly relevant to the scope of the employee’s occupation,” it said in its voluminous report submitted to the Indian government on November 19, 2015.
However, the CPC refused to bring the incentives on par with those payable to defence personnel, saying it was not feasible “in view of the different service conditions, mode of recruitment and other factors.”

Agenda items for meeting of the JCM (NC) Standing Committee

Agenda items for meeting of the JCM (NC) Standing Committee

Ref: Confdn/Standing Committee/2016-17 Dated – 15.10.2016

To,

Com Shiva Gopal Mishra
Secretary, Staff Side, NC/JCM
13-C, Ferozeshah Road,
New Delhi -110001

Dear Comrade

We have seen the items already sent to the Govt for discussion in the Standing Committee of Meeting which include 1.JCM function 2. Compassionate Appointment 3.Non implementation of decisions taken at 46th Meeting of the National Council 4. Reduction of one day PLB in defence establishment, 5. LTC-relaxation of air travel, 6. HRA for those who vacated govt quarters, 7. Restoring interest free advances, 8. Entry pay for promotees, 9. Grant of 3rd MACP, 10. Dental treatment, 11.Income criteria for dependants, 12. Re-imbursement of actual medical expenses, 13. Carry forward of Earned Leave

We send herewith the following items for inclusion in the agenda we shall be grateful if the same is forwarded to the official side urgently.

Precautions to be taken by the users of DOP Finacle in various scenarios

• In Finacle as we all know that while logging to the Finacle application there is no bio-metric detection of that user hence there might be chances of misuse of the user ids hence we have to strictly follow the below precautions.
• Always send the user id change requests i.e., role change/sol change/delete requests to the respective CPC from the concerned Divisional SPOC only.
• Also send all the user requests to respective CPC preferably before 24 hrs in order to overcome the delay in processing the user requests.
• All the user requests received from all the CPC's will be processed by CEPT User id team in Chennai hence kindly send the requests 24 hrs before.
• I have generally identified the various scenarios in which users of Finacle application should be  extra careful and the detailed description is mentioned below.

7th Pay Commission: Central govt employees likely to get huge allowances before Diwali

7th Pay Commission: Central govt employees likely to get fatter allowances before Diwali

Once the notification issued, the revised allowance recommended by the 7th Pay Commission will be given to central government employees and pensioners from October or November.

The notification for the implementation of the fatter allowances under 7th Pay Commission recommendations is likely to be issued within two weeks by Prime Minister Narendra Modi led government. Once the notification issued, the revised allowance recommended by the 7th Pay Commission will be given to central government employees and pensioners from October or November on the eve of Diwali. The special committee on allowances, under 7th Pay Commission recommendations, headed by Finance Secretary Ashok Lavasa, will soon submit its report to the Finance Ministry. It is expected that central government employees and pensioners will start getting higher allowances from their October or November salaries or pensions.

7th CPC MACP Order issued by DOPT

7th CPC MACP Order issued by DOPT

DoPT issued Order for implementation of MACP in 7th PAy Commission regime. As per this Order next immediate Higher Level in the Pay Matrix will be given for the benefit of MACP. The next Level in the Promotional Hierarchy will not be given in MACP

F.No.35034/3/2015-Estt.(D)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training

North Block,New Delhi
Dated the September 27/28, 2016

OFFICE MEMORANDUM

Subject: Modified Assured Career Progression Scheme (MACPS) for the Central Government Civilian Employees- Implementation of seventh CPC recommendations.

The Modified Assured Career Progression Scheme was introduced with effect from 01.09.2008 in pursuance of the recommendations of the Sixth Pay Commission by this Department’s OM No.35034/3/2008-Estt(D) dated 19th May, 2009. Subsequently, clarifications/ FAQs were issued vide OM dated 16.11.2009, 09.09.2010, 01.04.2011, 13.06.2012, 04.10.2012 and 10.12.2014. These instructions are in force with effect from 01.09.2008.