Pension for MTNL Employees

The Cabinet on Thursday approved a pension proposal for 43,000 MTNL employees, who joined the public sector company from Department of Telecom, that would cost the government an estimated Rs 500 crore annually.

The decision to grant Pension for MTNL Employees is likely to bring additional amount of about Rs 1,500 crore (including interest) in the books of MTNL as refund from government for the pension that the PSU paid to its employees. “The Union Cabinet today approved that the erstwhile all categories of employees of the government absorbed in MTNL and who have opted for combined service may be given similar treatment in the matter of payment of pensionary benefits as available to the absorbed employees of BSNL,” an official statement said.

TOWARDS A FINAL ACTION ON LDC & UDC GRADE PAY ISSUE…

TOWARDS A FINAL ACTION

WHY THE REPRESENTATIVES OF LDC & UDC SHOULD ASSEMBLE AT DELHI ON 9TH JANUARY 2014…?

This Association has been receiving opinion from LDC & UDCs of various Ministries of GOI in respect of upgradation of grade pay viz. (1) taking up of the LDC & UDC issue through political leaders including Sonia Gandhi (2) Challenge the present pay structure of LDC & UDC in the Principle bench of CAT. (3) Conducting pen-down strike to achieve the demand; and now we have a 4th opinion i.e. getting the grade pay of LDC & UDC upgraded through restructuring.

Expected DA for January 2014 : AICPIN for the Month of November 2013.

No. 5/1/2013-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT, SHIMLA-171004
DATED: the 31st December, 2013

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – November, 2013

The All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243 (two hundred and forty three). On I-month percentage change, it increased by 0.83 per cent between October and November compared with 0.46 per cent between the same two months a year ago.