7th Pay panel formed, Retirement age may go up 62 yrs
The award of the seventh pay commission will be implemented from the beginning of 2016 and will benefit nearly 3 million pensioners. But since state governments generally match central wages, the actual beneficiary list stands at over 11 million employees and pensioners.
The national capital, home to a vast majority of central government employees, is headed for elections this November. And so are four other states, followed by the general elections sometime early next year. This, more than anything else, explains the central government's hurry to promise its employees higher wages.
The award of the seventh pay commission will be implemented from the beginning of 2016 and will benefit nearly 3 million pensioners. But since state governments generally match central wages, the actual beneficiary list stands at over 11 million employee
s and pensioners. The fact that this award is one more in a long list of expenditure-heavy pre-election programmes, will mean several consequences for India's finances. Back of envelope calculations suggest that even if the increments in the 6th pay commission were to be matched, the centre's wage bill could rise by up to Rs 1 lakh crore in 2016.
But on the other hand, this payout will spark a surge in consumption starting that year. Why? The sixth pay commission award amounted to around 0.5 percent of GDP and a tidy sum was handed out as arrears in the start of 2008. That extra spending power meant that the ensuing slowdown was mitigated to some extent. This could play out again in 2016.
Meanwhile, CNBC TV18 learns that the proposal to extend the retirement age of central government employees by two years has received fresh impetus. A decision on this could be taken within a week or two, and would be the second major populist decision by the UPA to woo the urban middle class and the powerful government employee mass in Indian society.
Fake stamp papers with face value of Rs 107 crore seized in Bihar
PATNA: In a major haul of fake stamp papers reminiscent of the scandal by Abdul Karim Telgi a decade ago, Bihar Police seized counterfeit judicial papers with a face value of Rs 107 crore and arrested 16 people from various places in Patna district.
Senior superintendent of police Manu Maharaj told reporters on Wednesday that a police team raided an apartment in Patrakarnagar police station area here and seized fake judicial papers with a face value of Rs Rs two crore following specific information.
The mastermind Ranjit Kumar, who hails from Gorakhpur in Uttar Pradesh, along with three others were arrested during the operation last night, he said.
A bigger haul of fake stamp papers with a face value of a whopping Rs 100 crore were seized by another team of policemen during searches in yet another house at Khemnichak area conducted following informations given by the gangsters, the SSP said adding seven people were arrested from the spot.
He said arrested gang members revealed that they had already circulated fake stamp papers worth lakhs of rupees in Bihar, Uttar Pradesh, Odisha and West Bengal through vendors. The fake stamp papers in denominations of Rs 10, Rs 100, Rs 200, Rs 500, Rs 750 and Rs 20,000 were meant for use in agreement for land registration, apartment registration, affidavit and issuance of power of attorney.
The haul is reminiscent of the multi-crore fake stamp papers scandal by Abdul Karim Telgi in 2002.
The police during its operation in the two houses also seized equipment like computer, printer, dye, cutting machine, printing block ink used for printing the security thread on non-judicial stamp papers, Kisan Credit Cards, National Savings Certificates, bank cheques, postal stamps and court tickets, Maharaj said.
The SSP said after extracting more information from the mastermind and the rest of the gang members, a separate police team was sent to yet another apartment at Patrakar Nagar.
The operation yielded a haul of fake stamp papers with a face value of Rs five crore, besides scanner machines, ink used for printing prototype of stamps and sheets.
Five more persons were arrested from there, Maharaj said. Large quantity of fake stamp papers, postal tickets and printed envelope of State Bank of India, besides printing machines, computers, printers, scanners and other equipment used for printing fake stamp papers were recovered from yet another house in Bahadur police station area.
None was, however, arrested in this instance. The SSP claimed that with the operation Bihar Police foiled a bid by the gang to circulate fake currency notes in the market during the coming festive season.
Mumbai world’s second most Honest City: Survey
LONDON: India often finds itself embarrassingly high on the corruption index, rating among the most corrupt countries in the world. However, in a recent experiment, the country's commercial capital Mumbai presented a different picture. The ruse was a simple, abandoned wallet lying on the road, and recording how many people stumbling on it return it to its owner. This uncomplicated trick established Mumbai as the second most honest city in the world.
An average Mumbaikar returned nine out of 12 wallets he or she found lying on the road, each carrying Rs 3,000 in cash - not a small amount. The experiment was carried out in 16 cities across four continents with 192 lost wallets, dropped in crowded places like shopping malls, sidewalks and parks in cities as diverse as New York and Zurich. Each of the wallets contained a cell phone number, business cards and a family photo.
Those carrying out the experiment waited to see how many people from each of these places call back to return the wallet. Outside India, the wallet contained $50 or its equivalent in local currency. The experiment saw around 47% - or nearly half of the wallets being returned. Finnish capital city of Helsinki topped the list of honest cities returning 11 of the 12 wallets.
Interestingly, some cities generally believed to be safe and honest figured at the bottom of the honesty heap, for example Zurich, where only four out of 12 wallets were returned. London, too, fared badly with seven of the 12 wallets pocketed by the finders.
Only five of the 12 dropped wallets were returned in Warsaw and six in Berlin. In Prague, four of the 12 wallets made it back while in Madrid, 10 were never returned. Only a third of those dropped in Bucharest and in Rio got back to their owners. In comparison, eight of the 12 wallets dropped were returned in Budapest with a similar count for New Yorkers.
Residents of Amsterdam also returned seven out of 12 wallets. Lisbon in Portugal was the most dishonest city with one wallet returned and that too by a couple on a holiday from Netherlands.
JOINT ACTION PROGRAMME OF THREE FEDERATIONS INDWF, AIDEF AND BPMS
ALL INDIA DEFENCE EMPLOYEES FEDERATION
INDIAN NATIONAL DEFENCE WORKERS FEDERATION
BHARATIYA PRATIRAKSHA MAZDOOR SANGH
DECLARATION
1. ALL INDIA DEFENCE EMPLOYEES FEDERATION
i. Shri S.N.PATHAK - President
ii. Shri C.SRIKUMAR - General Secretary
2. INDIAN NATIONAL DEFENCE WORKERS FEDERATION
i. Shri R.SRINIVASAN - General Secretary
ii. Shri S.C.NAHA - Vice President
3. BHARATIYA PRATIRAKSHA MAZDOOR SANGH
i. Shri V.L.NAWADE - Working President
ii. Shri SADHU SINGH - Organising Secretary
The meeting noted with grave concern about the present situation in the Defence Industries of Government of India due to the Government policies such as DPP-2013 and also to allow FDI in Defence sector. The Defence industry is under severe attack since through DPP-2013 the Defence sector is declared open to the private sector in the name of “Level Playing Field”. Foreign Arms manufacturers will also have their share in the Defence Industry since already 26% FDI is allowed in Defence sector from 26% to 49% for state of art technology items. These policies of Government of India will damage the existence and future of the Defence industries under the M of D. The meeting noted with serious concern that there is no provision in the DPP 2013 to protect the interest of DRDO and Ordnance Factories.
The meeting also noted with deep concern about the Parliament passing PFRDA bill, thereby handing over the pension of the new recruits under the control of market forces. Pension is the right of the Government employees as per the Supreme Court judgements. However, this right has been taken away by Government by introducing the New Pension Scheme (NPS) w.e.f. 01.01.2004 and also by passing Pension Fund Regulatory and Development Authority (PFRDA) Bill. It is unfortunate that even a minimum guaranteed pension is not ensured for the employees in the NPS and PFRDA Bill.
The meeting also has taken a serious note of the outstanding issues of the Defence Civilian employees. The efforts taken by the Federations to settle all these issues have not yielded any result.
The demands, which Government has refused to, consider positively, employees have gone to Court of Law and they have achieved Judgements in their favour such as:
a) Grand of MACP benefits in the Promotional Pay Hierarchy
b) Revision of NDA in 5th/6th CPC pay scale
c) Fitment in 6th CPC after placing the employees in the upgraded pre revised 5th CPC pay scale.
d) Fitment in 6th CPC after placing the employees in the upgraded pre-revised 5th CPC Pay scale.
e) Revision of Risk Allowance and inclusion of left out operations.
Apart from the above there are many issues of the Defence Civilian Employees remaining un-settled in spite of raising the issues in different forums. Since none of these issues are settled the Federations are left with no option than to plunge into a series of agitational programme culminating in an indefinite STRIKE to achieve the following Charter of demands:
DEMANDS
1. Withdraw DPP-2013, which is against the interest of DRDO and Ordnance Factories.
2. No FDI in Defence Sector.
3. No disturbance in the functioning of DRDO by implementing Prof.RamaRao Committee’s recommendations.
4. Arbitrary reduction of manpower in the Army units such as EME, Vehicle Depot Panagarh, etc should be withdrawn.
5. No closure of Military Farms.
6. Merger of DA with Basic Pay for all purposes.
7. Immediate set up of 7th CPC.
8. Withdraw the New Pension Scheme and implement the Defined Pension Scheme for employees recruited after 01.01.2004.
9. Grant of Compassionate appointment to the wards of Defence Civilian Employees by removing the 5% ceiling.
10.Stop all types of Outsourcing/Contract and regularise all the existing Contract/Casual Workers.
11. Fill up all the posts lying vacant in the Defence Establishments.
12.Grant of 3rd MACP in Grade Pay Rs.4600/- to the MCM and also the Industrial employees who got 2nd ACP in the pre-revised pay scale of Rs.5000 – 8000/-.
13. No reduction of sanctioned strength of the Ordnance Factories based on ShriSourab Kumar Committee Report.
14. Remove Bonus ceiling limit for number of days and also the payment-ceiling limit of Rs.3500/- for 30 days.
15. Correlation of Piece Work Rates in the Ordnance Factories w.e.f. 01.01.2006 and also for grant of incentive to all left out categories including Examiners.
16. Grant of Department OT wages to the Piece Workers of Ordnance Factories.
17. Grant of 30 Days EL to the Industrial Employees of Ordnance Factories who have opted for leave under Factories Act.
18. Trade Union Rights to the Chargeman category and also for employees working in Hospitals and Training Centers under MOD and also in those areas covered under SRO 17E.
19. Grant of MACP benefits in the Promotional Hierarchy as decided by the Hon’ble Supreme Court.
20. Revision of the rates of NDA and Risk Allowance, Risk Allowance may be granted to the left out organisations, left out categories and inclusion of new Risk Operations.
21. Grant of PRIS to the DRDO Employees and also payment of OT Arrears.
22. Completion of all Cadre Review proposals and issue of Government Orders in a time bound manner.
23. Grant of CSD Canteen facilities to the retired Defence Civilian Employees.
24. Revision of Fixed Medical Allowance to the Defence Civilian Employees.
25. Arbitrary declaration of Ammunition Depots as war Establishment should be withdrawn.
The meeting has unanimously resolved to observe the following action programme in support of the above demands.
ACTION PROGRAMME
1. Publication of the declaration jointly in local language on 12/11/2013
2. Submission of the Charter of Demands to the Defence Secretary through proper channel by the affiliated union separately holding Joint demonstration during the meeting hours/Lunch hours on 19/11/2013
3. Demands week from 09/12/2013 to 13/12/2013
a) Publication of Poster/pamphlet 09/12/2013
b) Gate Meeting on 10/12/2013
c) Black Badge on 11/12/2013
d) Morning demonstrations on 12/12/2013 & 13/12/2013
4. Strike Ballot by AIDEF Union on 18/12/2013
5. Strike Ballot by INDWF Union on 19/12/2013
6. Strike Ballot by BPMS Union on 20/12/2013
7. Meeting of the AIDEF, INDWF, BPMS to finalise the date of commencement of indefinite Strike to take place during January 2014.
Sd/- Sd/- Sd/-
C.SRIKUMAR R.SRINIVASAN SADHU SINGH
General Secretary/AIDEF General Secretary/INDWF Orgn.Secretary/BPMS
For General Secretary
Source:http://www.indwf.blogspot.in/
Major Rivers Of the World (by length)
Major Rivers Of the World (by length)
• Nile, Africa 6,825 km
• Amazon, South America 6,437 km
• Chang Jiang (Yangtze), Asia 6,380 km
• Mississippi, North America 5,971 km
• Yenisey-Angara, Asia 5,536 km
• Huang (Yellow), Asia 5,464 km
• Ob-Irtysh, Asia 5,410 km
• Paraná – Río de la Plata4,880 Km
• Amur, Asia 4,416 km
• Lena, Asia 4,400 km
• Congo, Africa 4,370 km
• Mackenzie-Peace, North America 4,241 km
• Mekong, Asia 4,184 km
• Niger, Africa 4,171 km
Important Abbreviations - Banking
Important Abbreviations - Banking
A&L— Assets and Liabilities
AA— Agricultural Assistant
ABA— American Bankers Association
ABL— Allied Bank Limited
ABM— Assistant Branch Manager
ABN— Algemene Bank Nederland
ABN-AMRO— Algemene Bank Nederland - Amsterdamse Bank-Rotterdam Bank
ABOM— Association of Bank Officers Malaysia
abs— audited balance sheet(data by facebook/cnaonweb
ABSA— Amalgamated Banks of South Africa
AC— annual closing
accrd— accrued
ACIB— Associate of the Chartered Institute of Bankers (UK)
ACMB— ABSA Corporate and Merchant Bank
ACMB— Alexandria Commercial & Maritime Bank
AD— Acknowledgement of Debt(data by facebook/cnaonweb
ADA— Advance Deposit Account
ADB— African Development Bank
ADB— Asian Development Bank
ADCB— Abu Dhabi Commercial Bank
ADIB— Abu Dhabi Islamic Bank
admn— administration(data by facebook/cnaonweb
AFSB— Allstate Federal Savings Bank
AFSB —American Federal Savings Bank
AGM— Annual General Meeting
AGM— Assistant General Manager
AHB— Bank Al-Habib(data by facebook/cnaonweb
AIBEA— All India Bank Employees Association
AIBOC— All India Bank Officers Confederation
AIG— American International Group Inc
AIIB SC/ST WA— All India Indian Bank Scheduled Caste/Scheduled Tribe Welfare Association(data by facebook/cnaonweb
AIIBOA— All India Indian Bank Officers' Association
AINBOF— All India Nationalised Bank Officers Federation
AIPNBOA— All India Punjab National Bank Officers' Association
AIUCBOF— All India United Commercial Bank Officers' Federation
Alt— alternative(data by facebook/cnaonweb
AM— Assistant Manager
AML— Anti Money Laundering
AML— Anti-Money Laundering
ANB— Arkansas National Bank
AorS— Anyone or Survivor
APP— Automobile Purchase Plan
APY— Annual Percentage Yield
ARR— adjusted rate ratio (data by facebook/cnaonweb
ASB— American Savings Bank
ASB— Auckland Savings Bank
ATM— Automated Teller Machine
ATR— Acid Test Ratio
AUBB— Ahli United Bank in Bharain
AUBT— America United Bank and Trust Company
AUD— Australian dollar(data by facebook/cnaonweb
AVALISED— bank to “AVALISE” the acceptance of Bill of Exchange.
HANDBOOK FOR INQUIRY OFFICERS AND DISCIPLINARY AUTHORITIES
Click here to view the complete Hand Book issued by the Institute of Secretariat Training and Management, Department of Personnel & Training, Govt. of India
Appointment of officers working in the Ministries/Departments under the Central Staffing Scheme(CSS) to Central Vigilance Commission (CVC) on shift basis.
Central Armed Police Forces (Assistant Commandants) Examination, 2013
| Central Armed Police Forces (Assistant Commandants) Examination, 2013 |
| The Union Public Service Commission will be conducting the Central Armed Police Forces (Assistant Commandants) Examination 2013 on 20th October, 2013(Sunday) at 41 Centres all over India as per notification dated 06.07.2013. E-admit cards are available on the Commission’s website http://www.upsc gov.in. Candidates are advised to download and check the e-admit card carefully and bring discrepancy, if any, to the notice of the Commission immediately. Rejection letters citing the ground (s) for rejection have also been put on the Union Public Service Commission Website. In case of any difficulty, the candidates may contact the UPSC Facilitation Counter on Telephone Nos. 011-23385271, 011-23381125 and 011-23098543 on any working day between 10.00 AM to 5.00 PM. The candidates can also send Fax message on Fax No. 011-23387310. No paper Admission Certificate will be sent by post. In case the photograph is not clear on the e-Admit Card candidates are advised to carry two identical photographs (one photograph for each session) along with proof of identity such as identity card or Voter Identity Card or Passport or Driving License and printout of e-Admit Card at the venue of the Examination. Mobile phones, Calculator or any other communication devices are not allowed inside the premises, where UPSC Examination is being conducted. Any infringement of these instructions shall entail disciplinary action against the concerned candidates including ban from future Examinations/Selections. Candidates are advised in their own interest not to bring any of the banned items including mobile phones/pagers to the venue of the examination, as arrangements for safekeeping cannot be assured. Source : PIB, (Release ID :99683) D. A order from Postal Directorate |
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