India Post Payments Bank starts recruitment
Press Release
India Post Payments Bank has started its recruitment drive with the release of the advertisement for the post of the Chief Executive Officer/ Managing Director, the Chief Technology Officer (CTO), other CXOs who will be heading its Operations, Risk and Compliance, Finance, HR & Administration and Sales and Marketing Departments. It has also advertised for some contractual positions across multiple Departments. Regular recruitment for other positions across scale I-VII will also be announced in the coming weeks. IPPB has also called for deputations from Public Sector Banks for some corporate HQ positions and will shortly be seeking deputations from banks, post office & other Govt Depts for its branch locations. IPPB plans to recruit about 3500 professionals in the coming months. Details are available on the India Post website.
Press Release
India Post Payments Bank has started its recruitment drive with the release of the advertisement for the post of the Chief Executive Officer/ Managing Director, the Chief Technology Officer (CTO), other CXOs who will be heading its Operations, Risk and Compliance, Finance, HR & Administration and Sales and Marketing Departments. It has also advertised for some contractual positions across multiple Departments. Regular recruitment for other positions across scale I-VII will also be announced in the coming weeks. IPPB has also called for deputations from Public Sector Banks for some corporate HQ positions and will shortly be seeking deputations from banks, post office & other Govt Depts for its branch locations. IPPB plans to recruit about 3500 professionals in the coming months. Details are available on the India Post website.
IPPB will be headquartered in New Delhi and plans to launch 650 branches across the country by the next year. The India Post Payments Bank will leverage the widespread reach and the trust that the Post office enjoys in the minds of the citizen to truly drive financial inclusion. With all 1.54 lac Post offices, including 1.39 lac rural post offices as its access points and 650 Payments bank branches in district HQ locations it will be the most accessible bank in the world in terms of reach. It will deploy state of the art technology to make banking both simple and convenient to its customers.
IPPB calls upon dedicated and committed professionals who would want to be part of the journey to create a national financial architecture which will connect every citizen with the financial services that they need to access.
Who are entitled to 7th Pay Commission additional Bunching increment ?
WHO ARE ENTITLED TO 7TH PAY COMMISSION BUNCHING BENEFIT AS PER PARA 5.1.36 OF PAY COMMISSION REPORT ? – THE MEANING OF STAGE DEFINED NOW IN THE OM DATED 07.09.2016
In Para 5.1.36 of its report, 7th Pay Commission had recommended that one additional increment will be given while fixing of every two stages of pre-revised basic pay (pay in pay band and Grade pay) or scale in the same pay in the new pay matrix. This recommendation has been accepted by Govt and an OM has been issued on 7th September 2016 to this effect.
Check the following link to read OM dated 7th September 2016 on Bunching benefits
7th Pay Commission Bunching of Stages in Revised Pay Structure – OM dated 7th September 2016
The Govt has also defined now the meaning of “Stage” in the OM dated 7th September 2016. Pay drawn by two Government servants in a given Pay Band and Grade pay or scale where the higher pay is at least 3% more than the lower pay shall constitute two stages.
The illustration provided in 7th Pay Commission report for the purpose of granting Bunching Increment was relating to Entry Pay only in the the new Pay Matrix viz., As per Illustration provided in the report Employees in GP 10,000 who are fitted in to minimum of Level 14 of New Pay Matrix will be eligible for one additional increment and would be fitted in to next cell of Level 14.
However, as per the OM dated 7th September 2016, which has clearly defined the meaning of Stage as far as 6th CPC pay is concerned, the bunching benefit will also be applicable to fixation of 7th CPC pay for all the indices of new pay matrix in addition to entry pay.
In Para 5.1.36 of its report, 7th Pay Commission had recommended that one additional increment will be given while fixing of every two stages of pre-revised basic pay (pay in pay band and Grade pay) or scale in the same pay in the new pay matrix. This recommendation has been accepted by Govt and an OM has been issued on 7th September 2016 to this effect.
Check the following link to read OM dated 7th September 2016 on Bunching benefits
7th Pay Commission Bunching of Stages in Revised Pay Structure – OM dated 7th September 2016
The Govt has also defined now the meaning of “Stage” in the OM dated 7th September 2016. Pay drawn by two Government servants in a given Pay Band and Grade pay or scale where the higher pay is at least 3% more than the lower pay shall constitute two stages.
The illustration provided in 7th Pay Commission report for the purpose of granting Bunching Increment was relating to Entry Pay only in the the new Pay Matrix viz., As per Illustration provided in the report Employees in GP 10,000 who are fitted in to minimum of Level 14 of New Pay Matrix will be eligible for one additional increment and would be fitted in to next cell of Level 14.
However, as per the OM dated 7th September 2016, which has clearly defined the meaning of Stage as far as 6th CPC pay is concerned, the bunching benefit will also be applicable to fixation of 7th CPC pay for all the indices of new pay matrix in addition to entry pay.
7th Pay Commission Pay Fixation:
As per Para 5.1.28 of 7th Pay Commission Report, pay fixation in the new pay structure will have to be made as follows
Step 1: Identify Basic Pay (Pay in the pay band plus Grade Pay) drawn by an employee as on the date of implementation. This figure is ‘A’.
Step 2: Multiply ‘A’ with 2.57, round-off to the nearest rupee, and obtain result ‘B’.
Step 3: The figure so arrived at, i.e., ‘B’ or the next higher figure closest to it in the Level assigned to his/her grade pay, will be the new pay in the new pay matrix. In case the value of ‘B’ is less than the starting pay of the Level, then the pay will be equal to the starting pay of that level
As per Para 5.1.28 of 7th Pay Commission Report, pay fixation in the new pay structure will have to be made as follows
Step 1: Identify Basic Pay (Pay in the pay band plus Grade Pay) drawn by an employee as on the date of implementation. This figure is ‘A’.
Step 2: Multiply ‘A’ with 2.57, round-off to the nearest rupee, and obtain result ‘B’.
Step 3: The figure so arrived at, i.e., ‘B’ or the next higher figure closest to it in the Level assigned to his/her grade pay, will be the new pay in the new pay matrix. In case the value of ‘B’ is less than the starting pay of the Level, then the pay will be equal to the starting pay of that level
7th Pay Commission bunching Benefit:
In addition to above, 7th Pay Commission proposes bunching benefit in Para 5.1.36 whenever more than two stages are bunched together for fixation of pay in 7th CPC pay matrix, one additional increment equal to 3 percent may be given for every two stages bunched, and pay fixed in the subsequent cell in the pay matrix.
Further, Para 5.1.37 of the report provides an illustration for fixation of pay of two employees who are drawing pay of ₹53,000 and ₹54,590 in the GP 10000.
As per this illustration, after applying 7CPC multiplication factor of 2.57, both of these employees will have to be fixed in first cell of level 15 in the pay of ₹1,44,200 as their revisesd pay are worked out to ₹1,36,210 and ₹1,40,296 respectively which are not more than the first cell of level 15 (₹1,44,200)
But to avoid bunching of these two stages of pay, the person drawing pay of ₹54,590 will get fixed in second cell of level 15 in the pay of ₹1,48,500, while the other who is drawing pay of ₹ 53,000 will have to be fixed in ₹1,44,200.
Based on this illustration, a table containing Entry pay of Rs. 53,000 in GP 10000, subsequent stages for this pay (pay with increment of 3% for every year) and 7th Pay Commission pay fixation for the same has been prepared as below.
Applying same principles, we could find that next stage in entry pay in respect of Grade Pay 1800, 1900. 2000, PB-3-5400, 6600, 7600 and 8900 would be entitled to one additional increment as bunching benefit.
In addition to above, 7th Pay Commission proposes bunching benefit in Para 5.1.36 whenever more than two stages are bunched together for fixation of pay in 7th CPC pay matrix, one additional increment equal to 3 percent may be given for every two stages bunched, and pay fixed in the subsequent cell in the pay matrix.
Further, Para 5.1.37 of the report provides an illustration for fixation of pay of two employees who are drawing pay of ₹53,000 and ₹54,590 in the GP 10000.
As per this illustration, after applying 7CPC multiplication factor of 2.57, both of these employees will have to be fixed in first cell of level 15 in the pay of ₹1,44,200 as their revisesd pay are worked out to ₹1,36,210 and ₹1,40,296 respectively which are not more than the first cell of level 15 (₹1,44,200)
But to avoid bunching of these two stages of pay, the person drawing pay of ₹54,590 will get fixed in second cell of level 15 in the pay of ₹1,48,500, while the other who is drawing pay of ₹ 53,000 will have to be fixed in ₹1,44,200.
Based on this illustration, a table containing Entry pay of Rs. 53,000 in GP 10000, subsequent stages for this pay (pay with increment of 3% for every year) and 7th Pay Commission pay fixation for the same has been prepared as below.
Applying same principles, we could find that next stage in entry pay in respect of Grade Pay 1800, 1900. 2000, PB-3-5400, 6600, 7600 and 8900 would be entitled to one additional increment as bunching benefit.
7th Pay Commission Pay with Bunching Benefit in respect of 6th CPC Pay in Pay band with GP of Rs. 2400/- (Pay Band 1 – Rs. 5200 – 20200)
GP 2400
6cpc Basic pay
6cpc*2.57
7cpc pay fixation
7CPC pay fixation with bunching benefit
9910
25469
25500
25500
10210
26240
26300
26300
10520
27036
27100
27100
10840
27859
27900
27900
11170
28707
29600
29600
11510
29581
30500
30500
11860
30480
30500
31400
12220
31405
32300
32300
12590
32356
33300
33300
12970
33333
34300
34300
13360
34335
35300
35300
13770
35389
36400
36400
14190
36468
37500
37500
14620
37573
38600
38600
15060
38704
39800
39800
15520
39886
41000
41000
15990
41094
42200
42200
16470
42328
43500
43500
16970
43613
44800
44800
17480
44924
46100
46100
18010
46286
47500
47500
18560
47699
48900
48900
19120
49138
50400
50400
19700
50629
51900
51900
20300
52171
53500
53500
20910
53739
55100
55100
21540
55358
56800
56800
22190
57028
58500
58500
22860
58750
60300
60300
23550
60524
62100
62100
24260
62348
64000
64000
24990
64224
65900
65900
25740
66152
67900
67900
26520
68156
69900
69900
27320
70212
72000
72000
28140
72320
74200
74200
28990
74504
76400
76400
29860
76740
78700
78700
30760
79053
81100
81100
GP 2400
| |||
6cpc Basic pay
|
6cpc*2.57
|
7cpc pay fixation
|
7CPC pay fixation with bunching benefit
|
9910
|
25469
|
25500
|
25500
|
10210
|
26240
|
26300
|
26300
|
10520
|
27036
|
27100
|
27100
|
10840
|
27859
|
27900
|
27900
|
11170
|
28707
|
29600
|
29600
|
11510
|
29581
|
30500
|
30500
|
11860
|
30480
|
30500
|
31400
|
12220
|
31405
|
32300
|
32300
|
12590
|
32356
|
33300
|
33300
|
12970
|
33333
|
34300
|
34300
|
13360
|
34335
|
35300
|
35300
|
13770
|
35389
|
36400
|
36400
|
14190
|
36468
|
37500
|
37500
|
14620
|
37573
|
38600
|
38600
|
15060
|
38704
|
39800
|
39800
|
15520
|
39886
|
41000
|
41000
|
15990
|
41094
|
42200
|
42200
|
16470
|
42328
|
43500
|
43500
|
16970
|
43613
|
44800
|
44800
|
17480
|
44924
|
46100
|
46100
|
18010
|
46286
|
47500
|
47500
|
18560
|
47699
|
48900
|
48900
|
19120
|
49138
|
50400
|
50400
|
19700
|
50629
|
51900
|
51900
|
20300
|
52171
|
53500
|
53500
|
20910
|
53739
|
55100
|
55100
|
21540
|
55358
|
56800
|
56800
|
22190
|
57028
|
58500
|
58500
|
22860
|
58750
|
60300
|
60300
|
23550
|
60524
|
62100
|
62100
|
24260
|
62348
|
64000
|
64000
|
24990
|
64224
|
65900
|
65900
|
25740
|
66152
|
67900
|
67900
|
26520
|
68156
|
69900
|
69900
|
27320
|
70212
|
72000
|
72000
|
28140
|
72320
|
74200
|
74200
|
28990
|
74504
|
76400
|
76400
|
29860
|
76740
|
78700
|
78700
|
30760
|
79053
|
81100
|
81100
|
7th Pay Commission Pay with Bunching Benefit in respect of 6th CPC Pay in Pay band with GP of Rs. 2000/- (Pay Band 1 – Rs. 5200 – 20200)
GP 2000
6cpc Basic pay
6cpc*2.57
7cpc pay fixation
7CPC pay fixation with bunching benefit
8460
21742
22400
22400
8720
22410
23100
23100
8990
23104
23800
23800
9260
23798
23800
24500
9540
24518
25200
25200
9830
25263
26000
26000
10130
26034
26800
26800
10440
26831
27600
27600
10760
27653
28400
28400
11090
28501
29300
29300
11430
29375
30200
30200
11780
30275
31100
31100
12140
31200
32000
32000
12510
32151
33000
33000
12890
33127
34000
34000
13280
34130
35000
35000
13680
35158
36100
36100
14100
36237
37200
37200
14530
37342
38300
38300
14970
38473
39400
39400
15420
39629
40600
40600
15890
40837
41800
41800
16370
42071
43100
43100
16870
43356
44400
44400
17380
44667
45700
45700
17910
46029
47100
47100
18450
47417
48500
48500
19010
48856
50000
50000
19590
50346
51500
51500
20180
51863
53000
53000
20790
53430
54600
54600
21420
55049
56200
56200
22070
56720
57900
57900
22740
58442
59600
59600
23430
60215
61400
61400
24140
62040
63200
63200
24870
63916
65100
65100
25620
65843
67100
67100
26390
67822
69100
69100
GP 2000
| |||
6cpc Basic pay
|
6cpc*2.57
|
7cpc pay fixation
|
7CPC pay fixation with bunching benefit
|
8460
|
21742
|
22400
|
22400
|
8720
|
22410
|
23100
|
23100
|
8990
|
23104
|
23800
|
23800
|
9260
|
23798
|
23800
|
24500
|
9540
|
24518
|
25200
|
25200
|
9830
|
25263
|
26000
|
26000
|
10130
|
26034
|
26800
|
26800
|
10440
|
26831
|
27600
|
27600
|
10760
|
27653
|
28400
|
28400
|
11090
|
28501
|
29300
|
29300
|
11430
|
29375
|
30200
|
30200
|
11780
|
30275
|
31100
|
31100
|
12140
|
31200
|
32000
|
32000
|
12510
|
32151
|
33000
|
33000
|
12890
|
33127
|
34000
|
34000
|
13280
|
34130
|
35000
|
35000
|
13680
|
35158
|
36100
|
36100
|
14100
|
36237
|
37200
|
37200
|
14530
|
37342
|
38300
|
38300
|
14970
|
38473
|
39400
|
39400
|
15420
|
39629
|
40600
|
40600
|
15890
|
40837
|
41800
|
41800
|
16370
|
42071
|
43100
|
43100
|
16870
|
43356
|
44400
|
44400
|
17380
|
44667
|
45700
|
45700
|
17910
|
46029
|
47100
|
47100
|
18450
|
47417
|
48500
|
48500
|
19010
|
48856
|
50000
|
50000
|
19590
|
50346
|
51500
|
51500
|
20180
|
51863
|
53000
|
53000
|
20790
|
53430
|
54600
|
54600
|
21420
|
55049
|
56200
|
56200
|
22070
|
56720
|
57900
|
57900
|
22740
|
58442
|
59600
|
59600
|
23430
|
60215
|
61400
|
61400
|
24140
|
62040
|
63200
|
63200
|
24870
|
63916
|
65100
|
65100
|
25620
|
65843
|
67100
|
67100
|
26390
|
67822
|
69100
|
69100
|
7th Pay Commission Pay with Bunching Benefit in respect of 6th CPC Pay in Pay band with GP of Rs. 1900/-
GP 1900
6cpc Basic pay
6cpc*2.57
7cpc pay fixation
7CPC pay fixation with bunching benefit
7730
19866
19900
19900
7970
20483
20500
20500
8210
21100
21100
21100
8460
21742
21700
22400
8720
22410
22400
23100
8990
23104
23100
23800
9260
23798
23800
24500
9540
24518
25200
25200
9830
25263
26000
26000
10130
26034
26800
26800
10440
26831
27600
27600
10760
27653
28400
28400
11090
28501
29300
29300
11430
29375
30200
30200
11780
30275
31100
31100
12140
31200
32000
32000
12510
32151
33000
33000
12890
33127
34000
34000
13280
34130
35000
35000
13680
35158
36100
36100
14100
36237
37200
37200
14530
37342
38300
38300
14970
38473
39400
39400
15420
39629
40600
40600
15890
40837
41800
41800
16370
42071
43100
43100
16870
43356
44400
44400
17380
44667
45700
45700
17910
46029
47100
47100
18450
47417
48500
48500
19010
48856
50000
50000
19590
50346
51500
51500
20180
51863
53000
53000
20790
53430
54600
54600
21420
55049
56200
56200
22070
56720
57900
57900
22740
58442
59600
59600
23430
60215
61400
61400
24140
62040
63200
63200
GP 1900
| |||
6cpc Basic pay
|
6cpc*2.57
|
7cpc pay fixation
|
7CPC pay fixation with bunching benefit
|
7730
|
19866
|
19900
|
19900
|
7970
|
20483
|
20500
|
20500
|
8210
|
21100
|
21100
|
21100
|
8460
|
21742
|
21700
|
22400
|
8720
|
22410
|
22400
|
23100
|
8990
|
23104
|
23100
|
23800
|
9260
|
23798
|
23800
|
24500
|
9540
|
24518
|
25200
|
25200
|
9830
|
25263
|
26000
|
26000
|
10130
|
26034
|
26800
|
26800
|
10440
|
26831
|
27600
|
27600
|
10760
|
27653
|
28400
|
28400
|
11090
|
28501
|
29300
|
29300
|
11430
|
29375
|
30200
|
30200
|
11780
|
30275
|
31100
|
31100
|
12140
|
31200
|
32000
|
32000
|
12510
|
32151
|
33000
|
33000
|
12890
|
33127
|
34000
|
34000
|
13280
|
34130
|
35000
|
35000
|
13680
|
35158
|
36100
|
36100
|
14100
|
36237
|
37200
|
37200
|
14530
|
37342
|
38300
|
38300
|
14970
|
38473
|
39400
|
39400
|
15420
|
39629
|
40600
|
40600
|
15890
|
40837
|
41800
|
41800
|
16370
|
42071
|
43100
|
43100
|
16870
|
43356
|
44400
|
44400
|
17380
|
44667
|
45700
|
45700
|
17910
|
46029
|
47100
|
47100
|
18450
|
47417
|
48500
|
48500
|
19010
|
48856
|
50000
|
50000
|
19590
|
50346
|
51500
|
51500
|
20180
|
51863
|
53000
|
53000
|
20790
|
53430
|
54600
|
54600
|
21420
|
55049
|
56200
|
56200
|
22070
|
56720
|
57900
|
57900
|
22740
|
58442
|
59600
|
59600
|
23430
|
60215
|
61400
|
61400
|
24140
|
62040
|
63200
|
63200
|
7th Pay Commission Pay with Bunching Benefit in respect of 6th CPC Pay in Pay band with GP of Rs. 1800/-
GP 1800
6cpc Basic pay
6cpc*2.57
7cpc pay fixation
7CPC pay fixation with bunching benefit
7000
17990
18000
18000
7210
18530
19100
19100
7430
19095
19100
19700
7660
19686
19700
20300
7890
20277
20300
20900
8130
20894
20900
21500
8380
21537
22100
22100
8640
22205
22800
22800
8900
22873
23500
23500
9170
23567
24200
24200
9450
24287
24900
24900
9740
25032
25600
25600
10040
25803
26400
26400
10350
26600
27200
27200
10670
27422
28000
28000
11000
28270
28800
28800
11330
29118
29700
29700
11670
29992
30600
30600
12030
30917
31500
31500
12400
31868
32400
32400
12780
32845
33400
33400
13170
33847
34400
34400
13570
34875
35400
35400
13980
35929
36500
36500
14400
37008
37600
37600
14840
38139
38700
38700
15290
39295
39900
GP 1800
| |||
6cpc Basic pay
|
6cpc*2.57
|
7cpc pay fixation
|
7CPC pay fixation with bunching benefit
|
7000
|
17990
|
18000
|
18000
|
7210
|
18530
|
19100
|
19100
|
7430
|
19095
|
19100
|
19700
|
7660
|
19686
|
19700
|
20300
|
7890
|
20277
|
20300
|
20900
|
8130
|
20894
|
20900
|
21500
|
8380
|
21537
|
22100
|
22100
|
8640
|
22205
|
22800
|
22800
|
8900
|
22873
|
23500
|
23500
|
9170
|
23567
|
24200
|
24200
|
9450
|
24287
|
24900
|
24900
|
9740
|
25032
|
25600
|
25600
|
10040
|
25803
|
26400
|
26400
|
10350
|
26600
|
27200
|
27200
|
10670
|
27422
|
28000
|
28000
|
11000
|
28270
|
28800
|
28800
|
11330
|
29118
|
29700
|
29700
|
11670
|
29992
|
30600
|
30600
|
12030
|
30917
|
31500
|
31500
|
12400
|
31868
|
32400
|
32400
|
12780
|
32845
|
33400
|
33400
|
13170
|
33847
|
34400
|
34400
|
13570
|
34875
|
35400
|
35400
|
13980
|
35929
|
36500
|
36500
|
14400
|
37008
|
37600
|
37600
|
14840
|
38139
|
38700
|
38700
|
15290
|
39295
|
39900
|
39900
15750
40478
41100
41100
16230
41711
42300
42300
16720
42970
43600
43600
17230
44281
44900
44900
17750
45618
46200
46200
18290
47005
47600
47600
18840
48419
49000
49000
19410
49884
50500
50500
20000
51400
52000
52000
20600
52942
53600
53600
21220
54535
55200
55200
21860
56180
56900
56900
Source : http://www.gconnect.in/
39900
| |||
15750
|
40478
|
41100
|
41100
|
16230
|
41711
|
42300
|
42300
|
16720
|
42970
|
43600
|
43600
|
17230
|
44281
|
44900
|
44900
|
17750
|
45618
|
46200
|
46200
|
18290
|
47005
|
47600
|
47600
|
18840
|
48419
|
49000
|
49000
|
19410
|
49884
|
50500
|
50500
|
20000
|
51400
|
52000
|
52000
|
20600
|
52942
|
53600
|
53600
|
21220
|
54535
|
55200
|
55200
|
21860
|
56180
|
56900
|
56900
|
Source : http://www.gconnect.in/
GPF interest rate reduced to 8% from Oct to Dec 2016 - Ministry of Finance
Seeking of Clarification regarding Option in 7th CPC – BPMS Part 2
Seeking of Clarification regarding Option in 7th CPC – BPMS
Part – 2
Further, your attention is invited to Rule 5 of CCS (RP) Rules, 2016 which reads as under:
5. Drawal of pay in the revised pay structure.– Save as otherwise provided in these rules, a Government servant shall draw pay in the Level in the revised pay structure applicable to the post to which he is appointed:
Provided that a Government servant may elect to continue to draw pay in the existing pay structure until the date on which he earns his next or any subsequent increment in the existing pay structure or until he vacates his post or ceases to draw pay in the existing pay structure:
Provided further that in cases where a Government servant has been placed in a higher grade pay or scale between 1st day of January, 2016 and the date of notification of these rules on account of promotion or upgradation, the Government servant may elect to switch over to the revised pay structure from the date of such promotion or upgradation, as the case may be.
Explanation 1.– The option to retain the existing pay structure under the provisos to this rule shall be admissible only in respect of one existing Pay Band and Grade Pay or scale.
Explanation 2.- The aforesaid option shall not be admissible to any person appointed to a post for the first time in Government service or by transfer from another post on or after the 1st day of January, 2016, and he shall be allowed pay only in the revised pay structure.
Explanation 3.– Where a Government servant exercises the option under the provisos to this rule to retain the existing pay structure of a post held by him in an officiating capacity on a regular basis for the purpose of regulation of pay in that pay structure under Fundamental Rule 22, or under any other rule or order applicable to that post, his substantive pay shall be substantive pay which he would have drawn had he retained the existing pay structure in respect of the permanent post on which he holds a lien or would have held a lien had his lien not been suspended or the pay of the officiating post which has acquired the character of substantive pay in accordance with any order for the time being in force, whichever is higher.
Contrary to above, vide letter No. AN/XIV/14142/Seventh CPC/Vol-I, Dated 08.09.2016 the CGDA issued clarification No. 3 on “Implementation of Seventh Central Pay Commission” which reads as under:
“As regards exercising option for Seventh CPC from 07/2016 i.e. on accrual of next increment in respect of cases who have been promoted / upgraded between 01.01.2016 and 30.06.2016 is concerned, Para 13 and Para 5 of CCS (RP) Rules, 2016 may be referred which clearly states that in respect of the above cases, a government servant may elect to switch over the revised pay structure from the date of such promotion or upgradation implying that the option to switch over to the revised pay structure from 07/2016 is not available. Provision of Para 15 of Min of Finance Gazette notification dated 25.07.2016 may also be referred.”
Point of Doubt No.2: If the pay of an employee “XYZ” was Rs.12200 in PB-1 plus 2800 GP as on 31.12.2015 and on completion of 10 yrs regular service, he was granted financial upgradation on 15.03.2016 in the Grade pay of 4200, kindly clarify:-
(i) Whether “XYZ” is compelled to opt 7th CPC w.e.f. 01.01.2016 and his pay will be fixed as illustration mentioned in the Rule 13 of CCS (RP) Rules, 2016;
(ii) Whether “XYZ” may opt 7th CPC w.e.f. 15.03.2016 (date of promotion) and his pay will be fixed under the provisions of FR 22 and thereafter his pay will be revised under CCS (RP) Rules, 2016;
(iii) Whether “XYZ” may opt 7th CPC w.e.f. 01.07.2016 (date of next increment) and his pay will be fixed under the provision of FR 22.(I)(a)(1) in the pre-revised scale on 15.03.2016 & 01.07.2016 and thereafter his pay will be revised under CCS (RP) Rules, 2016.
Point of Doubt No.3: If the pay of an employee “XYZ” was Rs.12200 in PB-1 plus 2800 GP as on 31.12.2015 and after completion of 10 yrs regular service, he would be eligible for grant of financial upgradation under MACP on15.03.2017 in the Grade pay of 4200, kindly clarify:-
(i) Whether “XYZ” may opt 7th CPC w.e.f. 15.03.2017 (date of financial upgradation) and till then (14.03.2017) he will draw his wages in the existing system of 6th CPC.
Considering the importance of the issues, you are requested to issue necessary clarification in consultation with the competent authorities so that Finance & Accounts department may also accept and comply with in correct perspective.
Thanking you. Sincerely yours
(MUKESH SINGH)
Secretary/BPMS &
Member, JCM-II Level Council (MOD)
Copy to: Sri R K Chaturvedi,
Joint Secretary, Govt of India,
Deptt of Expenditure, Implementation Cell,
Room No. 214, The Ashok,
New Delhi.
– With request to take appropriate action.
Source: BPMS
Seeking of Clarification regarding Option and Pay Fixation in 7th CPC : BPMS Part1
REF: BPMS/MOD/7th CPC/60(7/3/L)
Dated: 01.10.2016
To,
The Dy Secretary (CP),
Govt of India, Min of Defence,
'B' Wing, Sena Bhawan,
New Delhi - 110011
Subject: Seeking of Clarification regarding Option & Pay Fixation in 7th CPC.
Respected Sir,
Part -1
With due regards, your attention is invited to Para 4.(2) of the Gazette Notification on Resolution (No. 1-2/2016-IC, Dated 25.07.2016) issued by Ministry of Finance (Department of Expenditure) which reads as under:
4. (1) The Pay Matrix, in replacement of the Pay Bands and Grade Pays as in force immediately prior to the notification of this Resolution, shall be as specified in Annexure I in respect of civilian employees.
(2) With regard to fixation of pay of the employee in the new Pay Matrix as on 1st day of January, 2016, the existing pay (Pay in Pay Band plus Grade Pay) in the pre-revised structure as on 31st day of December, 2015 shall be multiplied by a factor of 2.57. The figure so arrived at is to be located in the Level corresponding to employee’s Pay Band and Grade Pay or Pay Scale in the new Pay Matrix. If a Cell identical with the figure so arrived at is available in the appropriate Level, that Cell shall be the revised pay; otherwise the next higher cell in that Level shall be the revised pay of the employee.
(3) After fixation of pay in the appropriate Level as specified in sub-paragraph (2) above, the subsequent increments in the Level shall be at the immediate next Cell in the Level.
Whereas the Rule 7 of the CCS (RP) Rules, 2016 reads as under:
7. Fixation of pay in the revised pay structure:
(1) The pay of a Government servant who elects, or is deemed to have elected under rule 6 to be governed by the revised pay structure on and from the 1st day of January, 2016, shall, unless in any case the President by special order otherwise directs, be fixed separately in respect of his substantive pay in the permanent post on which he holds a lien or would have held a lien if such lien had not been suspended, and in respect of his pay in the officiating post held by him, in the following manner, namely:-
(A) in the case of all employees:
(i) the pay in the applicable Level in the Pay Matrix shall be the pay obtained by multiplying the existing basic pay by a factor of 2.57, rounded off to the nearest rupee and the figure so arrived at will be located in that Level in the Pay Matrix and if such an identical figure corresponds to any Cell in the applicable Level of the Pay Matrix, the same shall be the pay, and if no such Cell is available in the applicable Level, the pay shall be fixed at the immediate next higher Cell in that applicable Level of the Pay Matrix.
Further, Annexure of Implementation Cell, 7th CPC (O.M. No. 1-5/2016-IC, Dated 29.07.2016) clearly states that the Basic Pay (Pay in the applicable Pay Band plus applicable Grade Pay or basic pay in the applicable scale) in the pre-revised structure as on 01.01.2016 will be multiplied by 2.57.
Point of Doubt No.1: Some of the Local Account offices are saying that as per Para 4.(2) of Resolution, the Basic Pay ( pre-revised Pay in Pay Band plus Grade Pay as on 31.12.2015, not as on 01.01.2016) will be multiplied by 2.57.
Kindly clarify which basic pay will be multiplied by 2.57:
(a) pre-revised Pay in Pay Band plus Grade Pay as on 31.12.2015
Or
(b) pre-revised Pay in Pay Band plus Grade Pay as on 01.01.2016
Effect in both conditions may be illustrated below: The pay of an employee “XYZ‟ was Rs. 12200 in PB-1 plus 2800 GP as on 31.12.2015 and on completion of 10 yrs regular service, he was granted financial upgradation on 01.01.2016 in the Grade pay of 4200. Thus his pre-revised basic pay was become Rs. 12650 in PB-2 plus Rs. 4200 GP as on 01.01.2016.
In such condition, LAO is fixing his pay as under :
(a) Pre - Revised Basic Pay as on 31.12.2015 : 12200 + 2800 = 15000
(b) Amount (a) is multiplied by 2.57 : 15000 x 2.57 = 38550
(c) Revised Pay in Pay Matrix in Level 5 : 39200
(d) Pay after giving one increment in : 40400 Level 5 on 01.01.2016
(e)Pay in upgraded level 6 (GP 4200) : 41100 as on 01.01.2016
As per federation's interpretation, the fixation will be as under :
(a) Pre-Revised Basic Pay as on 31.12.2015 : 12200 + 2800 = 15000
(b) Pre-Revised Basic Pay as on 01.01.2016 : 12650 + 4200 = 16850 due to fixation benefit under FR 22.(I)(a)(1)
(c) Amount (b) is multiplied by 2.57 : 16850 x 2.57 = 43304
(d) Pay in upgraded level 6 (GP 4200) : 43600 as on 01.01.2016
CBI INVESTIGATION ON POSTAL FRAUD CASE ED ATTACHED 1.5 CRORE
PRODDATUR (KADAPA DIST) : A.P CIRCLE - POSTAL FRAUD CASE :: ED ATTACHED 1.5 CRORE
HYDERABAD: The Enforcement Directorate has attached assets worth Rs. 1.5 crore of four Andhra Pradesh postal department employees in connection with a money laundering probe against them. The Enforcement Directorate money laundering probe against the four employees pertains to an alleged savings fraud case in Kadapa district few years back.
In a statement issued today, the agency said it attached 10 immovable and four movable assets under provisions of the Prevention of Money Laundering Act (PMLA). It said while the total value of these assets is Rs. 61.16 lakh their "market value" is about Rs.1.50 crore. The agency took over the case based on a CBI FIR of 2014. "Investigation conducted by the agency revealed that Kakarala Kullayappa in collusion with Kondrapalle Maddulety, Kesava Siva Prasad and Akkem Venkataiah, all employees of postal department, had misappropriated Rs. 3.28 crore of funds in College Road Sub-Post Office, Proddatur in Kadapa district of Andhra Pradesh," the agency said. It said part of the money was utilised by Mr Kullayappa and part transferred to the other three for "conniving and concealing" the fraud.
The ED said the money was used for personal expenses, purchase of immovable properties in the name of "their family members and construction of houses among others". It said the accused committed "fraud in the monthly income scheme accounts and time deposit accounts". An attachment order under PMLA is aimed at depriving the accused from availing benefits of the ill-gotten wealth. Such an order can be appealed before the Adjudicating Authority of the said Act within 180 days. Further, if the Adjudicating Authority also confirms the order, the accused can appeal against it before the Appellate Tribunal of the said Act within 45 days.
Digital India is banking on India Post payments banks
By AP Singh, Ministry of Finance
The Post Bank (India Post Payments Bank) the Prime Minister spoke so affectionately about from the ramparts of the Red Fort shouldn't end up being another public sector entity in an already crowded financial services sector.
Digital India requires not just vanilla bank accounts but widespread ability to make and receive electronic payments. The Post bank, designed as a service platform for the financial services sector rather than a narrow competing entity, can play an important role in fast tracking cashless India. We look here at the first scaled up application of the India stack.
Governments do better facilitating and servicing their corporate than competing with them. The Post Bank funded out of public exchequer, leveraging the network of the post office, reach of the postman and brand value of the Government of India needs to transmit resultant value to the entire industry rather appropriate it by itself.
From the customer point of view, this will translate into walking into a post office (more than 155,000), tapping the postman (more than 300,000) or logging on to a single application on a smart device to transact with a service provider of choice.
For retail financial service providers like banks, payment service providers, mutual funds, insurance companies, pension fund managers, forex service providers and money transfer companies, it will mean extended reach to customers and cost saving on high street presence.
For the Post Bank, a platform approach will have several advantages. For one, it will work from a known position of strength of a common service provider rather than a competing agency, something the public sector is not adept.Second, it will be able to garner numbers in a high volume, low margin business. Third, it will attract foot falls from across the board providing cross-selling opportunities. Click below to know more
Fourth, it will serve a larger public purpose as a publicly funded entity . Fifth, it will be able to leverage consequential market intelligence to design and retail its own products much like a multi brand store attracting eye balls for its own products while retailing those of competitors.
As far as financial inclusion is concerned, resultant economies of scale and business efficiencies will make opening and servicing small accounts viable. Global experience suggests the first ladder of financial inclusion is remittance service, second saving accounts and third access to credit. Analytics flowing from the platform can be leveraged for credit scoring of individuals families. The Post Bank, while not licensed to operate credit services, can support related third-party services.
Two developments make the Post Bank an attractive service platform. The requirement of the entity to be registered as a body corporate and regulated by the RBI will imbibe confidence in other players to use its services without being overawed by dealing with the Government of India. Second, the proliferation of interoperable technology in financial services will obviate the development of supporting technology platforms from scratch.
The micro ATM pioneered by the UIDAI and the UPI of NPCI make for immediate roll-out of interoperable banking solutions. Visa and Mastercard have equally smart ready-to-use solutions.
The suggestion is not to down play the Post Bank. On the contrary , it will be nothing short of the proverbial game changer as the first mover in the financial services aggregator space. In fact, entry barriers will be high for considerable time before a competitor steps in. Systemically, this could be a major shot at deepening the financial services market, promoting cashless economy and supporting Direct Benefit Transfers.
(The writer is Joint Secretary, Ministry of Finance)
Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to the Central Government Employees for the year 2015-16
Seventh CPC Recommendations - Revision of Pay Scales - Amendment of Service Rules / Recruitment Rules
Incentive structure for Atal Pension Yojana (APY)
COLLECTION OF REGISTRATION FORMS FROM POSB CUSTOMERS
Incentive structure (per successful registration) for Atal Pension Yojana (APY)
Resolution - accumulations at the credit of subscribers to the GPF and other similar funds - 2016, w.e.f. 1st October, 2016
Solution for the APY double deduction of subscription in DOP Finacle
- APY stands for Atal Pension Yojana which in introduced for all the individuals or existing Swavalamban Yojana subscribers above 18 years and below 40 years of age only.
- APY is basically savings plan in which returns will come just like a pension.
- APY contribution can be either montly/quarterly/half-yearly or yearly depending upon the requirement of the customer.
- For detailed latest Standard Operating Procedure users can CLICK HERE
- Generally in DOP Finacle we use the menu CAPY to create standing instruction from SB account.
- But sometimes due to technical fault the amount may be deducted twice from the customer SB accounts towards APY contribution.
- Let us see one example where system deducted twice the subscription as shown in the below example
From the above screen shot it is clear that system deducted Rs 90/- twice for APY on 23/08/2016 in our example as per the screen shot.
Solution for the above Problem :-
For the above case the solution given by the HD team is as follows
The APY account has not been opened twice for the SB account, but the premium is debited twice due to server issues. We have raised FDMS ID 13546 for fixing such issues. The premium collected will be in DOP office account. The refund the amount back to customer account needs be handled procedurally by DOP, using HTM menu option and by debiting the office account [11000100APY01] and crediting the customer account. Kindly advise the team on refunding the costumer procedural.
- The operating procedure is in counter PA login invoke the menu HTM with transaction type as Customer induced and given debit account id as "11000100APY01 with reversal amount and credit to respective SB account".Finally submit the transaction then the system will generate the transaction id note down the tranaction id.
- In the next step invoke the menu HTM in the supervisor login and verify the transaction.
Anomaly committee - FNPO Representatives
Our Federation nominates the following representatives for the Departmental Anomaly committee.
1)TN.Rahate President FNPO.
2)D.Kishan Rao DSG FNPO.
Our colleagues are requested send anomalies directly to TN.Rahate President FNPO&D.Kishan Rao DSG FNPO
D.Thaeyagarajan
S/G FNPO
PFRDA News : Financial Literacy and NPS Awareness Survey
PFRDA News : Financial Literacy and NPS Awareness Survey
Important DOPT Order regarding Reservation in Promotion on 2.10.2016
No further promotions of reserved category persons to unreserved posts will be made based on the DOPT 0M dated 10.8.2010
“Very Important DOPT Order has been issued regarding Reservation in Promotion. DOPT is made subject to the Contempt of Hon’ble Supreme Court. With regard to DOPT order dated 10.8.2010 , Contempt Petitions were filed before the Hon’ble Supreme Court against Department of personnel and Training and Railways alleging that 5 notifications issued by the DOPT and 5 Notifications issued by the Railways were contrary to the status quo order dated 03.02.2015 of the Hon’ble Supreme Court and therefore notice of contempt was issued.”
No.36012/11/2016-EStt(Res)
Government of India
Ministry of Personnel, Public Grievances and Pension
Department of Personnel and Training
North Block, New Delhi 110001
Dated the 30th September 2016
OFFICE MEMORANDUM
Subject: Contempt petition (C) NO-314/2016 in SLP (C) N,o.4831/2012-Samta Andolan Samiti through its President vs. Sanjay Kothari & Ors.
Reference: 1. SLP(C) No.30621/2011
2. SLP(C) No.31735/2011
3. SLP(C) No. 35000/2011
4. SLP(C) No. 2839/2012
5. SLP(C) No.4831/2012
6. SLP(C) No.5859/2012
7. SLP(C) No.5860/2012
8. SLP(C) No.30841/2012
9. SLP(C) N0.6915/2014
10. SLP(C) No.8327/2014
11. SLP(C) No.16710-16711/2014
12. SLP(C) No.23344/2014
13. SLP(C) No.23339-23340/2014
14. SLP(C) No.21343/2015
15. SLP(C) No.33163/2014
16. Contempt Petition (C) No.314/2016 in SLP (C) No.4831/2012
The undersigned is directed to invite attention to this Departments 0M. No.36012/45/2005-Estt (Res) dated 10th August, 2010 (copy enclosed) on the subject reservation in promotion treatment of SC/ST candidates promoted on their own merit
2. The OM No.36012/45/2005-EStt(Res), dated 10.8.2010 was challenged in the High Court of Punjab & Haryana in CWP No.13218/2009 [Shri Lachhmi Narain Gupta & Ors Vs Jarnail Singh & Ors ] The Hon’ble High Court Punjab & Haryana vide its judgment dated 15.7.2011 quashed the O.M dated 10.8.2010.
3. Against the Order of the Hon’ble Punjab and Haryana High Court dated 15.7.2011, an SLP was filed by Jarnail Singh & Ors. The Union of India through Department of Revenue also filed SLP No.6915/2014 in this case.
4. The Hon’ble Supreme Court vide order dated 03.02.2015 passed the following interim order In SLP No.30621/011- Jarnail Singh & Ors. Vs Lachmi Narain Gupta & Ors:-
“Let the matter be listed in the second week of March 2015 on a non- miscellaneous day. Status quo existing as on today in respect of the promotional matters that are covered by the impugned judgment shall be maintained till the next date of hearing.
3. Contempt Petitions were filed before the Hon’ble Supreme Court against Department of personnel and Training and Railways alleging that 5 notifications issued by the DOPT and 5 Notifications issued by the Railways were contrary to the status quo order dated 03.02.2015 of the Hon’ble Supreme Court and therefore notice of contempt was issued. The matter came up for hearing on 29.9.2016 before the Apex Court.
4. In order to preclude any interim order in the contempt case, as desired by the Honble Supreme Court. the Learned Solicitor General has undertaken that till such time the main matter along with the Contempt Petition is decided, no further promotions of reserved category persons to unreserved posts will be made based on the DOPT 0M dated 10.8.2010 and Railway Board circular dated 14.9.2010.
5.In the light of the above, till such time that the SLP (s) are decided by the Hon’ble Supreme Court, while considering promotion, the DOPT 0M dated 10.8.2010 and Railway Board circular dated 14.9.2010 are not to be relied upon.The main matter along with the contempt petition is likely to be taken up for hearing on 22.11.2016.
6. These instructions may be brought to the notice of all concerned for information and necessary action.
sd/-
(G. Srinivasan)
Deputy Secretary
Source : DOPT
Click below link to view the Original Order Copy
No.36012/11/2016-EStt(Res)
Government of India
Ministry of Personnel, Public Grievances and Pension
Department of Personnel and Training
North Block, New Delhi 110001
Dated the 30th September 2016
OFFICE MEMORANDUM
Subject: Contempt petition (C) NO-314/2016 in SLP (C) N,o.4831/2012-Samta Andolan Samiti through its President vs. Sanjay Kothari & Ors.
Reference: 1. SLP(C) No.30621/2011
2. SLP(C) No.31735/2011
3. SLP(C) No. 35000/2011
4. SLP(C) No. 2839/2012
5. SLP(C) No.4831/2012
6. SLP(C) No.5859/2012
7. SLP(C) No.5860/2012
8. SLP(C) No.30841/2012
9. SLP(C) N0.6915/2014
10. SLP(C) No.8327/2014
11. SLP(C) No.16710-16711/2014
12. SLP(C) No.23344/2014
13. SLP(C) No.23339-23340/2014
14. SLP(C) No.21343/2015
15. SLP(C) No.33163/2014
16. Contempt Petition (C) No.314/2016 in SLP (C) No.4831/2012
The undersigned is directed to invite attention to this Departments 0M. No.36012/45/2005-Estt (Res) dated 10th August, 2010 (copy enclosed) on the subject reservation in promotion treatment of SC/ST candidates promoted on their own merit
2. The OM No.36012/45/2005-EStt(Res), dated 10.8.2010 was challenged in the High Court of Punjab & Haryana in CWP No.13218/2009 [Shri Lachhmi Narain Gupta & Ors Vs Jarnail Singh & Ors ] The Hon’ble High Court Punjab & Haryana vide its judgment dated 15.7.2011 quashed the O.M dated 10.8.2010.
3. Against the Order of the Hon’ble Punjab and Haryana High Court dated 15.7.2011, an SLP was filed by Jarnail Singh & Ors. The Union of India through Department of Revenue also filed SLP No.6915/2014 in this case.
4. The Hon’ble Supreme Court vide order dated 03.02.2015 passed the following interim order In SLP No.30621/011- Jarnail Singh & Ors. Vs Lachmi Narain Gupta & Ors:-
“Let the matter be listed in the second week of March 2015 on a non- miscellaneous day. Status quo existing as on today in respect of the promotional matters that are covered by the impugned judgment shall be maintained till the next date of hearing.
3. Contempt Petitions were filed before the Hon’ble Supreme Court against Department of personnel and Training and Railways alleging that 5 notifications issued by the DOPT and 5 Notifications issued by the Railways were contrary to the status quo order dated 03.02.2015 of the Hon’ble Supreme Court and therefore notice of contempt was issued. The matter came up for hearing on 29.9.2016 before the Apex Court.
4. In order to preclude any interim order in the contempt case, as desired by the Honble Supreme Court. the Learned Solicitor General has undertaken that till such time the main matter along with the Contempt Petition is decided, no further promotions of reserved category persons to unreserved posts will be made based on the DOPT 0M dated 10.8.2010 and Railway Board circular dated 14.9.2010.
5.In the light of the above, till such time that the SLP (s) are decided by the Hon’ble Supreme Court, while considering promotion, the DOPT 0M dated 10.8.2010 and Railway Board circular dated 14.9.2010 are not to be relied upon.The main matter along with the contempt petition is likely to be taken up for hearing on 22.11.2016.
6. These instructions may be brought to the notice of all concerned for information and necessary action.
sd/-
(G. Srinivasan)
Deputy Secretary
Source : DOPT
Click below link to view the Original Order Copy
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