The outcome of announcement on setting up of 7th Pay commission.

The outcome of announcement on setting up of 7th Pay commission

   The 7th pay commission announcement was really unexpected surprise at this juncture for everyone. At the time of facing financial crisis, no one has expected that the central government would announce its decision on constituting 7th pay commission soon. Really all the central government employees are excited about this when the central government made this announcement. Even all the central government employees’ federations were not aware of this move of the central government in advance.

   Though all the trade unions and its federations started adopting resolution on demanding the central government to constitute 7th pay commission in its annual conferences, the federations have no faith on central government would take up this demand seriously. As speculated by news media, there might be some political reasons involved in this decision. But the central government has to fulfill the commitment made by the Finance Minister on 25/9/2013 on the issue of setting up of 7th pay commission. Through this announcement the central government made all the 50 lakh central government employees and 30 lakh pensioners happy. But this is a win-win situation for both, the central government and its employees. Apart from the financial constraint, by announcing 7th pay commission the central government almost settled three core issues of trade unions indirectly. Settled in the term, it has been made that this demand would not be raised again.

Grant of Dearness Relief to Central Government pensioners/family pensioners - Revisedrate effective from 1.7.2013.

F. No. 42/13/2012-P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners' Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi - 110003
Date: 3rd ,Oct , 2013

OFFICE MEMORANDUM

Subject: Grant of Dearness Relief to Central Government pensioners/family pensioners - Revisedrate effective from 1.7.2013.

   The undersigned is directed to refer to this Department's OM No. 42/13/2012-P&PW(G) dated 2nd May, 2013 on the subject mentioned above and to state that the President is pleased to decide that the Dearness Relief (DR) payable to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 80 % to 90% w.e.f. 1st July, 2013.

The Cabinet Approved 78 days Productivity Linked Bonus for Railway Employees.

   The Union Cabinet today approved the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages for the financial year 2012-13 for all eligible non-gazetted railway employees.

   PLB equivalent to 78 days wages will be paid as a special case considering the good financial performances which is expected to motivate employees. The Gross Traffic Receipt (GTR) during 2012-13 is Rs. 1.24 lakh crore showing an increase of 18.85 per cent against GTR of Rs. 1.04 crore during 2011-12. This increase of GTR was 10.13 per cent during 2011-12 as against 2010-11 and 8.71 per cent during 2010-11 as against 2009-10.

   The financial implication is estimated to be Rs. 1043.43 crore. The wage calculation ceiling prescribed for payment of PLB to eligible non-gazetted railway employees is Rs. 3500/- per month. The payment of PLB to eligible railway employees is made each year before the Dusshera / Puja holidays. About 12.37 lakh non-gazetted railway employees all over the country are likely to benefit.