Saturday 30 August 2014

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES

        
FOR LATEST UPDATE, PLEASE CLICK THE FOLLOWING LINK
http://globalemployeesforum.blogspot.in/2014/11/expected-da-rise-from-january-2015-1-1.html 


  AICPIN for JULY  2014 is declared on 30-8-2014 which increases by 6 points and  pegged at 252 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:

CASE-I:  There is no change in AICPIN for next 5 months : 

         Let us assume that for next 5 months i.e. August 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 252 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-1-2015.



CASE-II:  The AICPIN increases by one point every month for next 5 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 5 months:

The calculation of DA rise in this case indicates that the DA rise would be 8% w.e.f. 1-1-2015.


CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 5 months: 

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.



CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 5 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE AND TWO  points  respectively for NEXT 2 MONTHS:

Let AICPIN increases to 253 points for August 2014 and 255 points for September 2014, 258 points for October 2014, 259 points for November 2014 and 261 points for December 2014.
The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-VII:  The AICPIN increases by THREE points every month for next 5 months::

The calculation of DA rise in this case  indicates that the DA rise would be 9% w.e.f. 1-1-2015.


CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 5% and maximum 9% w.e.f. JANUARY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

ALL INDIA CONSUMER PRICE INDEX AICPIN INCREASES BY SIX POINTS FOR JULY 2014

No. 5/1/2014-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
`CLEREMONT’, SHIMLA-171004
DATED: the 29th August, 2014
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – July, 2014

The All-India CPI-IW for July, 2014 increased by 6 points and pegged at 252 (two hundred and fifty two). On 1-month percentage change, it increased by 2.44 per cent between June, 2014 and July, 2014 when compared with the rise of 1.73 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 4.42 percentage points to the total change. The House Rent index further accentuated the overall index by 1.08 percentage points. At item level, Rice, Eggs, Milk, Onion, Chillies Green, Tomato, Potato and other Vegetables & Fruits, Sugar, Tea (Readymade), Pan Finished, Doctors’ Fee, College Fee, Petrol, Rail Fare, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Wheat, Soft Coke, Medicine (Allopathic), etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 7.23 per cent for July, 2014 as compared to 6.49 per cent for the previous month and 10.85 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.11 per cent against 5.88 per cent of the previous month and 14.10 per cent during the corresponding month of the previous year.

At centre level, Nagpur recorded the maximum increase of 12 points followed by Ludhiana (10 points). Among others, 9 points rise was observed in 7 centres, 8 points in 3 centres, 7 points in 9 centres, 6 points in 23 centres, 5 points in 14 centres, 4 points in 10 centres, 3 points in 4 centres, 2 points in 4 centres and I point in 2 centres.

The indices of 35 centres are above and other 41 centres are below national average. The indices of Ernakulam and Varanasi are at par with all-India index.

The next index of CPI-IW for the month of August, 2014 will be released on Tuesday, 30 September, 2014. The same will also be available on the office website www.labourbureau.gov. in.

(S.S.NEGI)
DIRECTOR
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Thursday 21 August 2014

HARYANA GOVT. ENHANCES AGE LIMIT OF RETIREMENT FOR HARYANA STATE GOVT. EMPLOYEES TO 60 YEARS

           Haryana chief minister Shri. Bhupinder Singh Hooda  on 16th August 2014 announced to raise the retirement age of the state government employees from 58 to 60 years, 25% hike in dearness allowance and full pension after 20 years of service, besides various other benefits, as per a report by Hindustan times daily  dt. 17-8-2014

      Shri. Hooda, who held a meeting with representatives of the Haryana Karamchari Mahasangh and Sarv Karamchari Sangh, said after 58 years of service, the employee would be asked whether he wanted to continue his service or seek retirement. Now onwards full pension will be allowed on completion of 20 years of service instead of 28 years of service. This would be effective with prospective effect from the date of notification.

          Also, 25% increase in the allowances on DA becoming 50% and 50% increase in allowances on DA becoming 100% will be implemented.
           It was also decided at the meeting that if a person working on ad hoc, daily wage or contract basis, including the persons working on contract basis through a service provider, died in harness, the family of the employee would be granted an ex-gratia of Rs. 2.5 lakh.
          The Chief Minister said a pay commission would be constituted for addressing the anomalies and deviations, which might have occurred in implementation of the recommendations of the 6th pay commission. It would grant an opportunity to the associations of employees or individual employees to represent before the commission, which would make appropriate recommendations to the state government for the removal of such anomalies and deviations.
         Apart from this, the policies on regularisation of the services of certain categories of employees, which have been recently formulated by the government, would be made applicable to similarly placed persons working in boards, corporations and autonomous bodies under the state government.
           The policy dated June 18, 2014, regarding regularisation of employees will also be made applicable to the ad hoc and daily wage employees who are similarly placed as contractual employees specified in the said notification.
           At the meeting, it was also decided that an increase in the consolidated emoluments on a graded basis would be granted to the persons who are working for a long period of time in various departments but they could not be regularised in accordance with the policies recently formulated. Separate decision in respect of such employees working in department will be taken depending upon the facts of the individual cases.
            Shri. Hooda said recently an Act had been enacted by the state legislature abolishing distinction between the technical and non-technical pay-scales. Those drawing the technical pay-scale on the date of promulgation of the ordinance, prior to enactment of the Act, their pay (technical scale) would be protected. Those persons whose technical pay-scale has been protected will continue to get ACP scales also on those technical pay-scales only.
         It was also decided that the demand for revising pay-scales of child development project officers and supervisor will be considered and decided by the committee headed by the chief secretary within three days. Likewise, the state government has liberalised the policy for grant of advance for medical treatment as well as for reimbursement of medical bills. This policy will be got circulated to all the departments within three days for prompt implementation.
         The chief minister said the posts, which have grade pay of  Rs. 3,200 and Rs. 3,300 in PB-2 would now get grade pay of Rs. 3,600 and those, which have grade pay of Rs. 3,600 would now get Rs. 4,000.
It was also decided at the meeting that all criminal cases registered during the three-day strike in 2014 would be withdrawn expeditiously.
        Shri. Hooda said the state government had also decided in principle to end the contract system. Some employees had problems on account of non-availability of confirmed posts. In this direction, all temporary posts would be declared permanent posts.


Thursday 7 August 2014

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES

  FOR LATEST UPDATE, PLEASE CLICK THE FOLLOWING LINK

http://globalemployeesforum.blogspot.in/2014/11/expected-da-rise-from-january-2015-1-1.html 
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      Now that 7% D.A. rise is ESTABLISHED for Central Govt.employees w.e.f. 1-7-2014 after declaration of All India Consumers price index AICPIN, the estimation for rise in D.A. w.e.f. 1-1-2015 is a topic of hot discussion.
          Presently, AICPIN for June 2014 pegged at 246 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:


CASE-I:  There is no change in AICPIN for next 6 months : 

         Let us assume that for next 6 months i.e. July 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 246 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 3% w.e.f. 1-1-2015.



CASE-II:  The AICPIN increases by one point every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 4% w.e.f. 1-1-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 5% w.e.f. 1-1-2015.



CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 5% w.e.f. 1-1-2015.


CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE,TWO AND THREE  points  respectively for NEXT 3 MONTHS:

Let AICPIN increases to 247 ponts for July 2014, 249 points for August 2014 and 252 points for September 2014. Then AICPIN rises to 253 points for October 2014, 255 points for November 2014 and 258 points for December 2014.
The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-VII:  The AICPIN increases by THREE points every month for next 6 months::

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.



CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 3% and maximum 7% w.e.f. JANUARY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.