Friday, September 19, 2014

Details of Bank Bipartite talk on 17.09.2014


Following is the version of Gen. Secy., NUBE regarding bipartite talks held between IBA and UFBU on 17th September 2014.

Nothing conclusive.......

"MEETING WITH IBA ON WAGE REVISION TALKS

Today (17/09/2014) yet another meeting of the negotiating committee for 10th Bipartite Wage Revision took place in Mumbai, the undersigned on behalf of NUBE took part in the negotiations along with ten other unions.

 Mr.T.M.Bhasin the newly elected Chairman of IBA in his initial remark gave a brief of the present banking scenario and also explained in detail about the importance of banks’ profitability and paying capacity.

Mr. Rajiv Rishi, the new Chairman of the Negotiating Committee followed it by telling that it would not be possible for IBA to agree to the demands of the Unions for a hike of 25% since the banks were not doing well and the results of the first quarter were not rosy. Further he insisted that other issues should be discussed first and then we decide on the wage factor.

NUBE strongly objected to the stand of IBA and said that postponing a cardinal issue like wage load and discussing on other issues which can be settled simultaneously is nothing but dilly dallying.

Already nearly 8.5 lac Bank men are anxiously waiting for approximately two years patiently and their patience cannot be further tested. The Chairman negotiating committee wanted the unions to reduce their demand of 25% to which some unions agreed provided IBA also raises their offer.

IBA has not offered anything beyond 11% and the meeting concluded with a understanding that we will meet shortly. The way the talks are proceeding, we do not think that there would be any progress in the days to come.

Comrades from the above it is very clear that IBA is in no mood to settle the issue amicably. Their stubbornness is only making the Bank employees restless and paving a path for agitational programmes which is not good for the Industry.

However, we are left with no other alternative than to struggle if not we will be meekly surrendering to the dictates of IBA and history will not pardon us. So let us march ahead and struggle unitedly.

Yours Comradely,

(L.BALASUBRAMANIAN)
GENERAL SECRETARY
NUBE"

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Thursday, September 18, 2014

Dearness Allowance to Central Government employees – Revised Rates effective from 01.07.2014.

F.No.1/2/2014-E.II (B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated: 18th September, 2014.

OFFICE MEMORANDUM

Subject:- Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 01.07.2014.

The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/1/2014-E.II(B) dated 27th March, 2014 on the subject mentioned above and to say that the President is pleased to decide that the Deamess Allowance payable to Central Government employees shall be enhanced from the existing rate of 100% to 107% with effect from 1st July, 2014.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E.II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

Sd/-
(A. Bhattacharya)
Under Secretary to the Govt. of India

Source:http://finmin.nic.in/the_ministry/dept_expenditure/notification/da/da01072014.pdf
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Modi Government considers closing some loss-making state firms like BSNL, MTNL, Air India

Government officials will meet on Tuesday to discuss proposals to shut down some loss-making state-owned companies, risking a conflict with powerful trade unions.

After two decades of halting privatisations, the central government still owns about 260 firms and thousands more at the state level, involved in activities ranging from generating nuclear power to making condoms.

Some of them, including Oil and Natural Gas Corporation and Steel Authority of India are successful, but there are dozens more that have been bleeding cash for decades and kept afloat by budgetary support each year.

On Tuesday, Cabinet Secretary Ajit Seth has called a meeting of top officials to consider what to do with the 10 firms that make the biggest losses. They had a combined net loss of Rs 245 billion ($4 billion) in 2012/13.

The list includes Bharat Sanchar Nigam, Mahanagar Telephone Nigam, Air India, Hindustan Photofilms and Hindustan Fertilisers Corporation, according to a note prepared by the Department of Public Enterprises.

Officials at the department have drawn up proposals to close some.

They include Hindustan Photofilms, a company set up in 1960 to make film rolls and take on the likes of Kodak but declared a sick company in 1996 and recommended for closure by the department in 2003 on the grounds that it could not compete with private players.

The company, based in the southern town of Ottacamund in the Nilgiri hills, went to court and won a stay order on any further proceedings that could lead to its closure.

In 2010 the firm proposed a recovery plan but the government has been sitting on it, with no decision having been made since about the company's future. In the meantime the company's accumulated losses have piled up to 82.32 billion rupees, about 40 times its paid-up capital.

"There is no future for this company in the current environment. It is a fit case for winding down," said a government official at the Department of Public Enterprises, which is overseeing the privatisation of state firms. The official did not wish to be named due to the sensitivity of the matter.

The department will be making a presentation at Tuesday's meeting.

The government is also considering a proposal to wind down the watch-making division of HMT Machine Tool Limited after years of losses that have forced it to borrow from the government to pay wages.

UNIONS

Trade unions are opposed to any moves to shut down state firms and the Bharatiya Mazadoor Sangh (BMS), a body affiliated to the ruling Bharatiya Janata Party, said it would work with other unions to block the move.

"We are co-ordinating with all central trade unions on the matter. We are fortunate that all trade unions are on the same page when it comes to these issues," said Vrijesh Upadhyaya, general secretary of the BMS.

Prime Minister Narendra Modi's administration, which took office in May pledging to reignite growth, has embarked on a cautious course of shedding stakes in state firms although it has eschewed big moves.

The government increased its privatisation target for its fiscal year 2014/15 budget to 630 billion rupees from the interim budget's target of 480 billion. The target is nearly four times larger than total government divestments in the past four years.

Officials said the government was also looking for ways to revive some of the sick companies through capital infusion, joint ventures and by bringing in new management.

Source:http://goo.gl/8pPyTz
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Filing of Income Tax Return extended upto 30th November 2014, for State of Jammu & Kashmir

F.No. 225/268/2014/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

North Block, ITA.II Division
New Delhi, the 16th of September, 2014

Order under Section 119 of the Income-tax Act, 1961

Considering the large scale devastation in the State of Jammu Kashmir due to heavy rains and floods, the Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income-tax Act, 1961, hereby extends the ‘due-date’ for filing Returns of Income from 30th September, 2014 to 30th November, 2014, in cases of lncome-tax assessees in the State of Jammu & Kashmir, who, as per clause (a) of Explanation 2 to sub-section (1) of section 139 of the lncome-tax Act, 1961 were liable to file their Income tax returns by 30th September 2014.

Sd/-
[Richa Rastogi]
Under-Secretary to the Government of India

Source: http://irsofficersonline.gov.in/Documents/OfficalCommunique/19162014123016.pdf
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Removal of Bonus ceiling of Rs. 3500/- under Bonus Act - memorandum to PM & Min.of.Labour by BPMS

To,
The Prime Minister,
Govt. of India,
South Block, Raisina Hill,
New Delhi – 110001

The
Minister of Labour & Employment
Government of India,
Shram Shakti Bhawan,
Rafi Marg, New Delhi- 110001

Through: Proper Channel

SUB: Submission of memorandum of demand
.
Hon’ble Sir,
  Government Employees National Confederation’ is a confederation of all industrial unit of Bharatiya Mazdoor Sangh which decided in its meeting held on 08.09.2014 to observe a week long agitation throughout the country from 15th Sep to 20th Sep 2014 in protest/demands of one of the various prevailing National issues.  Accordingly, being a constituent of BPMS/GENC/BMS this union has observed an agitation programme from 15.09.2014 to 20.09.2014 through Gate Meetings, Demonstration at Main Gate of the establishment, Wearing Black Badges and other peaceful methods and we are submitting a memorandum of demand through proper channel for your kind consideration and suitable action at the earliest please –

Section 12 of the Payment of Bonus Act has been amended by Act 45 of 2007 (w.e.f. 01.04.2006) regarding calculation of bonus with respect to certain employees which states as under:-

“Where the salary or wage of an employee exceeds three thousand and five hundred rupees per mensem, the bonus payable to such employee under Section 10 or, as the case may be, under Section 11, shall be calculated as if his salary or wage were three thousand and five hundreds rupees per mensem.”

Meanwhile, Central Government has accepted the recommendations of 6th CPC with effect from 01.01.2006 and fixed the minimum basic pay plus grade pay as Rs. 5200 + 1800 = 7000. Therefore 28,06,369 Group ‘C’ (Non Gazetted) and 1,13,477 Group ‘B’ (Non Gazetted) total thirty lakh approx. Central Government employees are getting the bonus @ Rs. 3500/- per mensem under the Payment of Bonus Act, 1965 or Productivity Linked Bonus whereas none of them is drawing wages less than Rs. 7000/- per mensem excluding other allowances which has been causing discontentment amongst the employees.  

Therefore, you are requested to issue necessary directives to remove the ceiling of Rs.3500/- per mensem under the Payment of Bonus Act, 1965 and Productivity Linked Bonus Scheme.

An early action is solicited please.

With regards,

Sincerely yours

(Name of Secretary)
Secretary

Source: http://bpms.org.in/documents/genc-memorandum-5vxz.pdf
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7th CPC visit to Mussoorie/Dehradun between 8th October and 10th October 2014.

The commission has, in its first phase of interaction, been seeking the views of various stakeholders on its terms of reference. To this end, meetings have been held in Delhi with various organisations and heads of various agencies.

In its second phase of interaction, the Commission has started holding meetings in different parts of the country to facilitate stakeholders staying in various areas to present their views personally before the Commission and ensure larger representation. This exercise is being undertaken to enable the Commission to get a first-hand impression about the functioning and the condition of service prevailing in different parts of the country.

Accordingly, the Commission, headed by its Chairman, Justice Shri A. K. Mathur, proposes to visit Mussoorie/Dehradun between 8th October and 10th October 2014. The Commission would like to invite various entities/associations/federations representing any/all categories of employees covered by the terms of Reference of the Commission to present their views.

Your request for a meeting with the Commission may be sent through e-mail to the Secretary, 7th Central Pay Commission at secy-7cpc@nic.in. The memorandum already submitted by the requesting entity may also be sent as an attachment with this e-mail.

The last date for receiving request for meeting is 30th September, 2014 (1700 hours).

Source:http://7cpc.india.gov.in/news03.html
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Enforce ‘One Rank One Pension', Say Ex-Servicemen

Their demand for ‘One Rank One Pension’ started in 1983. Even after 30 years, the plea of ex-servicemen, the first to raise such a demand, is falling on deaf ears, when the judges, MPs, MLAs, bureaucrats and many others receive pensions based on their rank.

The former UPA Government has thrice earmarked fund in its budget for ‘One Rank One Pension’ scheme. But the ex-servicemen, who once served the country, are yet to get their due. Left with no other alternative, ex-servicemen across the country have decided to go for hunger strike on Wednesday.

“After the sixth Pay Commission in 2006, the Army personnel who retired a day before it and after it with the same rank get a pension with wide gap. Those who retire early gets a considerably lower pension than those who retire recently. It has been 30 years, since we had requested them to bridge the gap,” said  Pratapan, secretary, National Ex-servicemen Co-ordination Committee, Ernakulam.

Many committees constituted to study the subject were also in their favour of the ex-servicemen. In 2009, the UPA government allocated Rs 2,144 crores in the budget for the scheme. In 2012, they allocated Rs 2,300 and finally in 2014, the Central Government set aside Rs 500 crore. The then Defence Minister A K Antony said the ‘One rank one pension’ scheme would be implemented from April 1, 2014.

The K M Chandrashekar committee also submitted a report in favour of ex-service men. “But the officials conveniently brushed aside the directive by the then Defence Minister aside. The officials of the Ex-servicemen Welfare Department at Delhi is throttling every efforts taken in this regard,” he said. The Modi Government has now allotted Rs 1,500 crore for it. But various other committees state that it needs around Rs 3500 to implement the scheme.

Source:http://goo.gl/6wHwtU
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