Centre to hike D.A. this month

   Ahead of the festive season, the Central government will this month announce a hike in dearness allowance (DA) to 90% from the existing 80%, benefiting nearly 50 lakh central employees and 30 lakh pensioners, according to official sources.

   According to officials privy to the developments, the DA hike will be 10% and effective from July 1, this year. The sources further said the exact amount of DA, as a proportion of basic pay, works out to over 90% after factoring in the revised All-India Consumer Price Index for Industrial Workers (CPI-IW) for June.
 
   According to revised data released on August 30, retail inflation for factory workers for June stood at 11.63%, higher than the provisional estimate of 11.06% for the month released on July 31.
 
   Sources said since the revised estimate for the month of June was available, the finance ministry would soon prepare a proposal for the purpose for seeking Union Cabinet nod.

Lok Sabha Passes Pension Fund Regulatory and Development Authority(PFRDA) Bill, 2011 with official amendments;

   Lok Sabha Passes Pension Fund Regulatory and Development Authority Bill, 2011 with official amendments; Subscribers Seeking Minimum Assured Returns Allowed to OPT for Investing their Funds in such Scheme Providing Minimum Assured Returns

   The Pension Fund Regulatory and Development Authority Bill (PFRDA), 2011 was passed by the Lok Sabha today with official amendments. It was earlier introduced in Lok Sabha on the 24th March, 2011 to provide for a statutory regulatory body the Pension Fund Regulatory and Development Authority (PFRDA) under the provisions of the Bill. The legislation seeks to empower PFRDA to regulate the New Pension System (NPS).

   The PFRDA Bill, 2011 was referred to the Standing Committee on Finance on the 29th March, 2011 for examination and report thereon. The Standing Committee on Finance gave its Report on 30th August, 2011. Some of the key amendments incorporated in the Bill based on the recommendations of the Standing Committee on Finance are as follows:

Recognition of Service Association of Employees of Non-Statutory Departmental Canteens/Tiffin Rooms of Central Government Offices under CCS (RSA) Rules 1993.

File No. 27/1/2007-Dir.(C)
Government of India
Ministry of Personnel, P.G & Training
Department of Personnel & Training

Lok Nayak Bhawan,
Khan Market, New Delhi- 110001
Dated 03/09/2013

Office Memorandum

Subject: Recognition of Service Association of Employees of Non-Statutory Departmental Canteens/Tiffin Rooms of Central Government Offices under CCS (RSA) Rules 1993.

   The undersigned is directed to say that the matter regarding granting of recognition to the Associations representing Non-Statutory Departmental Canteens Employees has been under consideration of this Department for quite some time. The question of formation of separate Association of Canteen employees was earlier considered in 2003 and taking into account various factors, it was decided that there may not by separate Association exclusively for Canteen employees and they may be represented through Associations formed by other comparable categories of employees.