Grant of initial installment of DA/DR to Central Government employees and pensioners w.e.f.1.7.2016

Central Government has a proposal to Pay 1% DA from July 2016 as an interim Measure

The Sources Close to the Ministry of finance informed that there is proposal to Pay 1% DA from July as an interim Measure.It is said that the Central Government has not yet decided about the DA rates in Revised Pay scale.

Sources close to Finance Ministry told that the initial installment of DA to central government employees on the revised pay structure w.e.f 1.7.2016 is under consideration. Mean time there is a proposal to pay the DA from July 2016 at the rate of 1% to all CG Staffs. It will be a shocking news for CG Staff, since they are already expecting 2 to 3% DA from July 2016.

PRU is asked to submit Financial Implication of 1% DA

But the fact is the Department of Expenditure has directed the PRU of the Finance Ministry to furnish the details of additional Financial Implications for 1% increase of DA with effect from 1.7.2016 on the revised Pay Structure.

Further the Pay Research Unit has been requested to furnish financial implications for the Period of July 2016 to February 2017 on account of granting 1% DA from July 2016 to all central government employees including Armed Forces and UT Employees.

According to the above information, it is believed that announcement of 1% DA for July installment may be made any time soon.

78-Day Wages As Bonus of Rs.18000/- For Railwaymen Likely

New Delhi: Ahead of the festive season, railway employees are likely to get 78-day wages as bonus this year, the same as in the last four years despite the financial crunch.

We are expecting the government to declare 78-day wages as bonus next week,” National Federation of Indian Railwaymen General Secretary M Raghavaiah told PTI.

We have demanded 78-day wages as productivity-linked bonus (PLB) for railway employee this year and expecting the government to declare the same next week,” National Federation of Indian Railwaymen General Secretary M Raghavaiah told PTI.

Productivity-linked bonus is paid to about 12 lakh railway employees each year before the Dussehra festival.

Raghavaiah said the 78-day wage is expected to be around Rs 18,000 per employee. In 2011-12, 2012-13, 2013-14 and 2014-15 also, 78-day wages were also given as PLB to railway employees.

Facing a shortfall of about Rs 10,000 crore in the earnings due to slowdown in loadings and drop of passengers in short train journey, the railways will get the cabinet approval for the 78-day bonus proposal next week.

The bonus decision is expected to cost the railways about Rs 2000 cr.

All-India Railwaymen’s Federation General Secretary Shiv Gopal Mishra said the bonus is expected to motivate the employees to improve the financial position of the public transporter.

Mishra said, “Since the PLB ceiling has been revised to Rs 7000 from Rs 3500, we expect each employee will get double the amount as against the last year’s bonus.”

Last year, the minimum bonus paid was Rs 8,975 per employee.

PLB covers all non-gazetted railway employees (excluding RPF/RPSF personnel) spread over the entire country.

PTI

Inauguration of “TELANGANA POSTAL CIRCLE” on 26.09.2016 at Hyderabad.