Thursday, August 14, 2008

Cabinet Minister Priya Ranjan Dasmunsi told reporters in New Delhi today. The higher pay will cost the government
157 billion rupees ($3.7 billion) in the financial year to March 31, 2009, he said.
-----------------
The higher salaries will cost the government 178 billion rupees on an annual basis, Sushma Nath, expenditure
secretary, said in New Delhi.
----------------------------
salary arrears will cost 294 billion rupees, she said. Indian Railways will pay 64 billion rupees in higher
salaries, the official said.
---------------------
Inflation Accelerates
Inflation may hit 14% or more
--------------------
Also increased the rate of annual increment from 2.5 per cent to 3 per cent.
------------------
Defence sector, it approved at least three assured promotions for all defence forces personnel and civilian
employees under the modified Assured Career Progression scheme

While civilians would get this after 10, 20 and 30 years of service, defence forces jawans would be promoted under
ACP after 8, 16 and 24 years.

----------------
The hiked salary would be given to the employees beginning September this year and the arrears from January 2006
would be given in cash in two installments -- 40 per cent this fiscal and 60 per cent in 2009-10.

--------------------------
Another Hightlights -
DIG-scale abolished from IPS and Indian Forest Services
++++++++++++++++++
Uniform 3% raise in basic salary pay per year. A minimum of Rs 500-increase in salary annually within grade scale as per norm
++++++++++++++++++++
New salary wages to be effective from 1st January 2006
+++++++++++++++++++++
Military service pay for employees below the officer rank (POBR) would be Rs 2,000 per month
++++++++++++++++++
Brigadiers having a significant rise in salaries: they move to Pay Band 4 (Rs 39,200-67,000) from the suggested Pay Band 3 (Rs 15,600-39,100)
++++++++++++++++

Goverment approves Sixth Pay commission recommendation

Cabinet approves Sixth Pay Commission report

Highlights -
very good news for bureaucrats and military personnel. More than 5 million central government employees will get an average salary hike of 21per cent as per NDTV report.

Lowest emolument of government employee more than Rs 10,000

Hike will be effective from January 2006cost the tax payer to pay is 22 thousand crore rupees, about 4 thousand crores more.

Employees will get 40 per cent of the hike this year and the rest 60 per cent the next year

During Independence Day you get full details.

Wednesday, August 13, 2008

Sixth Pay Commission Report may likely approved on 15 August 2008

Sixth Pay Commission Report may likely approved on 15 August 2008
( Many news sources suggests that before 15 August 2008, sixth pay commision going to approve, and declared on 15 August 2008)

A new pay scale may also come for armed forces.
DoPT may put up file for approval on 13-14 August, 2008
see link

Wednesday, August 6, 2008

6th Pay Commission

People are eagerly waiting for sixth pay commission implementation, but no reports arrive yet.
Many news related to sixth pay (its bad/good effects) only we can see.
See another one latest news of 6th pay commission - click
Jist of this is following -
Fiscal situation may hit 6th Pay Commission
The recommendation of sixth pay commission would cost Rs 12,561 crores in the year 2008-09, but the pay panel have suggested some measures, which would have saved Rs 4,586 crore in the year 2008-09, and hence burden on government exchequer on account of the pay panel hike of 28 per cent salary would cost Rs 7,975 crore (Rs 12,561 crore-Rs 4,586 crore = Rs 7,975 crore) in 2008-09. Apart from that arrear payment from January01, 2006, would have additionally cost Rs 18,060 crore as one time burden. So total burden on government exchequer in the year 2008-09, would have been Rs 26,035 crore (ie Rs 7,975crore+Rs 18,060 crore = Rs 26,035 crore).

Monday, July 21, 2008

Bumper Vacancies Probationery Officer SBI

Mega Bumper Vacancies Probationery Officer SBI : 3500
(SC-525, ST-262, OBC-945, Gen-1768). 53 vacancies for OH category & 52 vacancies for VH category candidates are reserved horizontally. Vacancies including reserved vacancies are provisional and may vary according to the requirements of the Bank.
Advertisement No.: CRPD/PO/2008-09/04

The Bank Invites young, aspiring and dynamic candidates with 55% or more marks in Graduation/ Post Graduation alongwith 60% or more marks in Class XII (50% or more marks in Graduation/ Post Graduation along with 55% or more marks in Class XII for SC/ST/PWD Candidates) aged between 21 years & 30 years as on 01-07-2008 (age relaxation & reservation as per Government rules), computer savvy, to Join the State Bank Family. The Bank offers exciting multidimensional learning and challenging opportunities to grow into leaders of the industry:
Attractive promotion policy to reach the top levels of the Bank
Attractive Compensation Package
Package around Rs. 4.00 lacs per annum in a Metro like Mumbai

Online Applications will be registered from 14-07-2008 to 16-08-2008. Before registering, the fees of Rs. 250/- (Rs. 50/- towards postal charges for SC/ST/PH candidates) should be deposited at any CBS branch of the Bank and Deposit Journal number obtained. No other mode of application will be accepted. Please refer to detailed advertisement appearing on the Bank's website and being published in 'Employment News/ Rozgar Samachar' on 19-07-2008 or subsequent issue.
No. of Vacancies-3500 Last registration date for online application: 16-08-2008 Date of written Examination:- Preliminary: 12-10-2008 Main: 30-11-2008

ELIGIBILITY CRITERIA : (AS ON 01/07/2008)
Educational Qualifications:
General Candidates and others : 60% or more marks in class XII and 55% or more marks in Graduation or Post Graduation.
SC/ST/PWD Candidates: 55% or more marks in class XII and 50% or more marks in Graduation or Post Graduation.
Computer Literacy - Proficiency in computer (Certificate from a reputed Institute or having computer as a subject in class XII or Graduation).
Age Limit: Not below 21 years and not above 30 years as on 01.07.2008
All applications for the post will be registered online .
The online applications will be registered between 14th July & 16th August 2008.
Date:
STARTING DATE FOR ON-LINE APPLICATIONS : 14.07.2008
LAST DATE FOR RECEIPT OF ON-LINE APPLICATIONS : 16.08.2008
PRELIMINARY (TIER I) EXAMINATION : 12.10.2008 (SUNDAY)
MAIN (TIER II) EXAMINATION : 30.11.2008 (SUNDAY)
Apply Online - www.sbi.co.in

Sixth Pay Commission

Delay of Sixth pay commission report : Worst Hit employess

Its really terrible for Gov employees, now they are losing hope. While inflation goes sky rocketing high and no intrim relief by government. UPA gov term biggest loss for Gov employee.

In 10 years commpdity prices going to double, triple, While even this sixth pay commission suggest only 20-30 % rise in salary. And still no intrim relief.

Tuesday, April 29, 2008

Sixth Pay Commission - Public View

Sixth Pay Commission - Public View
This is opinion from many sources -
1.There is no performance system adopted.
2.Pay for performance is in vain.
3. secretaries of GOI will decide the fate of Defence Forces and fate of all in general - thats really abusive. Lower cadre employee have no right in this decison making. Abusive to them.
4. Pvt Sector employee says Sixth pay commission is bane for country. Gov people doing nothing.
5. Economist says Gov may suffer inflation, large burden, 5 years slow. Because all state Govs also implement the same pay commission. How this money come.
6. pay commission must have a democratic setup comprising representation of all category of staff
7. its waste of time and resources....till now each n every govt. employee understood the CAKE they got into there mounth after such a hype in media by pay commission..no one is going to believe such cheap tricks by UPA govt. to make there seats strong in parliament....they will also get there part of CAKE in upcoming elections....

8. You want to live happily in India then get into IAS, if not then lick their boots or else leave India
9. it is best to scrap pay commission.But once in three years a wage board should finalise the revision of wage for all govt servants within a time frame of three months. It will boost the sincerity, honesty and productivity and that leads INDIA top of the world.
10. Scientist in DRDO, ISRO , Armed forces may loose good employees fastly.
Pay commission worst for them. Now how a class 1 officer afford accomodation, family expenses etc. in metro. Petrol prices soaring to 50 Rs. and now moving to 65 as fresh news comes crude oil prices are crossing 120$/barrel. How will government stop the inflation.

Friday, March 28, 2008

New Pay Scale propose by Sixth Pay Commission

New Pay Scale propose by Sixth Pay Commission

( For New Group A entrants, higer grade pay, Baisic Pay start at 21000)

Pre-Revised

Revised

Pay Scale

Pay Scale

Pay Band

Corresponding Pay Bands

Grade Pay

S-1

2550-55-2660-60-3200

-1S

4440-7440

1300

S-2

2610-60-3150-65-3540

-1S

4440-7440

1400

S-2A

2610-60-2910-65-3300-70-4000

-1S

4440-7440

1600

S-3

2650-65-3300-70-4000

-1S

4440-7440

1650

S-4

2750-70-3800-75-4400

PB-1

4860-20200

1800

S-5

3050-75-3950-80-4590

PB-1

4860-20200

1900

S-6

3200-85-4900

PB-1

4860-20200

2000

S-7

4000-100-6000

PB-1

4860-20200

2400

S-8

4500-125-7000

PB-1

4860-20200

2800

S-9

5000-150-8000

PB-2

8700-34800

4200

S-10

5500-175-9000

PB-2

8700-34800

4200

S-11

6500-200-6900

PB-2

8700-34800

4200

S-12

6500-200-10500

PB-2

8700-34800

4200

S-13

7450-225-11500

PB-2

8700-34800

4600

S-14

7500-250-12000

PB-2

8700-34800

4800

S-15

8000-275-13500

PB-2

8700-34800

5400

S-16

9000

PB-3

15600-39100

5400

S-17

9000-275-9550

PB-3

15600-39100

5400

S-18

10325-325-10975

PB-3

15600-39100

6100

S-19

10000-325-15200

PB-3

15600-39100

6100

S-20

10650-325-15850

PB-3

15600-39100

6500

S-21

12000-375-16500

PB-3

15600-39100

6600

S-22

12750-375-16500

PB-3

15600-39100

7500

S-23

12000-375-18000

PB-3

15600-39100

7600

S-24

14300-400-18300

PB-3

15600-39100

7600

S-25

15100-400-18300

PB-3

15600-39100

8300

S-26

16400-450-20000

PB-3

15600-39100

8400

S-27

16400-450-20900

PB-3

15600-39100

8400

S-28

14300-450-22400

PB-4

39200-67000

9000

S-29

18400-500-22400

PB-4

39200-67000

9000

S-30

22400-525-24500

PB-4

39200-67000

11000

S-31

22400-600-26000

PB-4

39200-67000

13000

S-32

24050-650-26000

PB-4

39200-67000

13000

S-33

26000(Fixed)

Apex Scale

80000 (Fixed)

NIL

S-34

30000 (Fixed)

Cab.Sec./Equ.

90000 (Fixed)

NIL


Thursday, March 27, 2008

Sixth Pay Commission Pensioners retires after 2006 gets more benefit

Sixth Pay Commission

Sixth Pay Commission recommended a 40 per cent increase in pension and family pension, after subsuming following oilicy will govern defence pensions."the increase on account of merger of Dearness Relief %u2014 equal to 50 per cent of pension as Dearness Pay effective April 1, 2004. This would result in an additional outgo of Rs. 1,365 crore for 2008-09"originally the 5th pay commision agreed to the parity in pensions of equal rank - one rank - one pension.now a pensioner who retires now shall get less than one retiring now onwards.there is almost double increase in various military allowances. these will be taken in to account besides performance increment/bonus. finally the existing pensioner will be a looser.it will result in a capt drawing more pension than a brigadier.

Regarding gratuity, the Commission wanted that the ceiling of maximum Rs 3.5 lakh be raised to Rs 10 lakh to help all employees get full benefit of gratuity.

The Commission, headed by Justice B N Srikrishna, proposed that people will get additional 20 per cent of basic pension on attaining the age of 80 years, which will subsequently be raised with the increase in age.

Those who retired prior to January 2006 will get only a 15 per cent hike.
While after this date 40 % hike.
To know more

Gazetted Holiday reduced to 3 from 14, while restricted holiday increase. There is inclusion of grade pay, HRA increase, but about performance nothing to say. Pay annually increase by 2.5 %, while for performer increase by 3.5 %.

Good For
SENIOR CITIZENS - Increasse in pension by age factor.
CUT IN EXCESSIVE HOLIDAYS
LONGER MATERNITY LEAVE - Good for WOMEN
BIAS TOWARDS SENIOR OFFICERS, SAY EMPLOYEE UNIONS - Senior Officer Gets more benefits

IT People say government should reduce staff by being computer savvy and equipped with electronic gadzets, reduce corruption and provide satisfactory service. IT is boon for India but government lacking this skill. Even higher authorites eduactional qualification, learning aptitude doesn't match to optimize the IT potential.
BOGUS
IT people work as a contractual labour, having qualification related to IT but there seniors Non IT, filled position on deputation for IT people by Non IT people. Great Joke.

Monday, March 24, 2008

6th Sixth Pay Commission submitted its Report

6th Sixth Pay Commission submitted its Report ( Pay Hike Expected to be 40 to 50 %)
6th Sixth Pay Commission submitted its Report on 24 th March 2008.
maximum pay arround to be 80000 Rs. while minimum pay arround to be 6650.
panel suggest 2.5 % annual increase in salary.

To know more visit

Wednesday, February 27, 2008

Disastrous News

Disastrous News for Goverment Employees ( visit )

If salary not increased at par with private. Whole government R&D, Education, strategic services lacking skilled employees.In private they think best pay with least incom tax burden. Foreign powers make this country no more.
Already government staff not so competent, Government think those who is controller/regultory body if became incompetent what will happen. In 10 years inflation goes 4-5 times, and what government emploee is getting.Disastrous for this country, became puppet of capitalist.

India will going to again became a slave nation, because skilled staff migrate from goverment and slow poison comes from foreign currencies. People are going to became salves of foreigners, Goverment R& D is going to down, whole education system, worst may happen to this country.

Tuesday, February 12, 2008

Sixth Pay Commission Report may arrive soon ( expected upto March or earlier)

Sixth Pay Commission Report may arrive soon ( expected upto March or earlier)

Many new pay scales are spreading rumours.
In latest news articles as in Financial Express Basic salary can be hikes to 150 %, and other benefits HRA, DA may also increase see complete story here dated 8 Feb.
In Hindi Jagran paper news salary may hike upto 3.5 times.
See news