POSTAL VOLUME

Lavasa panel fails to wrap up deliberations on 7th pay commission       Employees seek clarity on 14 additional allowances that the pay panel did not include in its report A panel headed by Finance Secretary Ashok Lavasa, tasked with examining the 7th Pay Commission’s (7th CPC) recommendations on allowances, has been forced to delay wrapping up its deliberations as representatives of the central government’s 4.7 million employees have sought clarity on 14 additional allowances that the pay panel did not include in its report. This will lead to the late submission of observations by the Lavasa panel to Finance Minister Arun Jaitley, which, in turn, will cause a delay in the Union Cabinet’s and Prime Minister Narendra Modi’s final decision on the matter. Out of 196 allowances, the 7th CPC report recommended the abolition of 52 allowances and subsuming of another 36 into the existing ones. In addition, there were some 14 allowances that ...

Grant of Dearness Allowance to Central Government employees - Revised Rates effective from 01.01.2017    

“The Central cabinet is likely to give its approval to a two percent Dearness Allowance hike, with effect from January 2017, to the Central Government employees.” The cabinet is, at its next meeting, expected to give its approval to the additional Dearness Allowance of two percent to Central Government employees and pensioners, to come into effect from January 1, 2017 onwards. The 2% Additional Dearness Allowance hike will be calculated on the basis of the basic pay as recommended by the Seventh Pay Commission, and will be given to more than 47 lakh Central Government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces. The Dearness Allowance, issued once every six months, is given to Central Government employees and pensioners to help them manage the increase in prices of essential commodities. The Dearness Allowance is calculated on the basis of the Consumer Price Index Numbers for Industria...