Declaration of Holiday on 14th April, 2015 – Birthday of Dr.B.R.Ambedkar – Railway Board Orders

Declaration of Holiday on 14th April, 2015 – Birthday of Dr.B.R.Ambedkar – Railway Board Orders

G.I., Min. of Railways, O.M.No.2012/E(LR)III/HLI/I, dated 25.3.2015

Subject: Declaration of Holiday on 14th April, 2015 – Birthday of Dr.B.R.Ambedkar.

In the above matter, Department of Personnel and Training vide OM No.12/6/2015/JCA-2 dated 19th March, 2015 has advised as under :-

“It has been decided to declare Tuesday, the 14th April 2015, as a Closed Holiday on account of birthday of Dr.B.R.Ambedkar, for all Central Government Offices including Industrial Establishments throughout India.

2. The above holiday is also being notified in exercise of the powers conferred by Section 25 of the Negotiable Instruments Act, 1881 (26 of 1881).

3. All Ministries/Departments of Government of India may bring the above decision to the notice of all concerned.”

The above may be noted for information and necessary action.

Click here to download original order

Source: Indian Railways

Cabinet may approve 6% DA on Thursday

Cabinet may approve 6% DA on Thursday

The Union Cabinet approval for the 6% rise in the Dearness Allowance for the Central Government employees is expected to be announced on coming Thursday.

It is a well-known fact that every six months, the Central Government increases the Dearness allowance for its employees during the months of January and July. The increased amount is calculated on the price index (CPI IW BY 2001=100) of essential commodities. Rise in the Dearness allowance is being calculated on the basis of the changes in the prices of the essential commodities during the periods between January and June and the period between July and December.

But, it takes around three months since the release of the price index for the months of June and December to arrive at the calculation for the increase in the Dearness allowance. With the result that the increase due from the month of July is being given only from the month of October and the amount due from January is being given only from the month of April.

And, because of this situation, the amount due for the left-behind period of two months is to be settled as arrears. Practical problems arise in the calculation of the arrears amount and also problem arises in clarifying the doubts of the beneficiaries. Pensioners especially, are more tensed up over this procedure.

To avoid this situation, the price index during the periods from November to April and from May to October can be taken into account and the increase in the Dearness allowance calculated based on the information relevant to these periods. The amount can be disbursed from the months of January and July as per this calculation so that there’s no due as arrears.

We imaginatively tested this method to find out the result. It was found out that there was no tangible change in the increase amount if calculated on the basis of the price index obtained during the months of April and October.

Click to continue…

Expected DA From July 2015 – AICPIN for the month of Feb 2015

Expected DA From July 2015 – AICPIN for the month of Feb 2015

The Labour Bureau just now released the index of CPI(IW) for Industrial Workers for the month of February 2015.

According to the press release, the index is decreased by one point and pegged at 253.

No.5/1/2015- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

`CLEREMONT, SHIMLA-171004

DATED: the 31st March, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – February, 2015

The All-India CPI-IW for February, 2015 decreased by 1 point and pegged at 253 (two hundred and fifty three). On 1-month percentage change, it decreased by (-) 0.39 per cent between January, 2015 and February, 2015 when compared with the increase of (+) 0.42 per cent between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group contributing (-) 0.66 percentage points to the total change. At item level, Rice, Eggs (Hen), Fish Fresh, Onion, Vegetable items, Sugar, Petrol, Flower/Flower Garlands, etc. are responsible for the decrease in index. However, this decrease was neutralised by Wheat, Wheat Atta, Arhar Dal, Groundnut Oil, Goat Meat, Tea (Readymade), etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent for February, 2015 as compared to 7.17 per cent for the previous month and 6.73 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.42 per cent against 7.81 per cent of the previous month and 7.56 per cent during the corresponding month of the previous year.

At centre level, Tiruchirapally recorded the highest decline of 7 points followed by Guntur (4 points), Mysore, Chhindwara Siliguri and Puducherry (3 Points each) Among others, 2 points decrease was observed in 15 centres and 1 point in 18 centres. On the contrary, Belgaum and Kodarma centres reported a highest increase of 3 points each followed by Kanpur, Bokaro and Doom-Dooma Tinsukia (2 points each). Among others 1 point increase was observed in 13 centres. Rest of the 21 centres’ indices remained stationary.

The indices of 37 centres are above All India Index and other 40 centres’ indices are below national average. The index of Vishakhapathnam centre remained at par with all-India index.

The next index of CPI-IW for the month of March, 2015 will be released on Thursday, 30th April, 2015. The same will also be available on the office website www.labourbureau.gov.in.

sd/-

(S.S.NEGI)

DIRECTOR

Please click to download the Press Release issued by Labour Bureau

AICPIN for Feb 2015 – Labour Bureau Published

AICPIN for Feb 2015 – Labour Bureau Published 

One of the important nodal department of Central Government, the Labour Bureau released the statistics of consumer price index for the month of February 2015.

This index particularly used for the calculation of Dearness Allowance in respect of Central Government employees and Pensioners.

The Consumer Price Index for Industrial Workers (CPI-IW) is an important statistical/economic indicator. It was first introduced on scientific lines with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 at 50 industrially important centres.

The series was then, updated on base 1982=100 and a revision in 1999-2000 has further updated the base on 2001=100. The current series of CPI-IW with base year 2001=100 covers 78 industrially important centers spread across the country.

Source : CGStaffnews

Advance Reservation Period increased from 60 Days to 120 Days from Tomorrow (1.4.2015)

Advance Reservation Period increased from 60 Days to 120 Days from Tomorrow (1.4.2015)

From Tomorrow Advance Reservation Period for Booking Reserved Train Tickets increased from 60 Days to 120 Days

The Ministry of Railways has decided to increase the Advance Reservation Period (ARP) for booking accommodation in trains from 60 days to 120 days (excluding the date of journey). Accordingly, from tomorrow i.e 1st April 2015 the booking in trains from train originating stations will open and remain available for 120 days. For instance, as on 1.4.2015, for trains leaving on 28th July 2015, the reservation can be obtained for journey commencing on all days between 1.4.2015 upto 28.7.2015.

There will, however, be no change in case of certain day time Express trains like Taj Express, Gomti Express, special trains etc, where lower time limits for advance reservations are at present in force. There will also be no change in the case of the limit of 360 days for foreign tourists.

Source: www.7thpaycommissionnews.in