Wednesday, December 12, 2018

Grant of non-funtional Grade pay of Rs. 5400/- in PB-2.

Most Immediate
Court Matter
By FAX/Speed post

F. No. A-23011/62/2016-Ad.IIA
Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes and Customs

North Block, New Delhi.
Dated 6th December, 2018
To,

Director General
Directorate General of Human Resource Development(HRM),
Cusotms & Central Excise, 507, Deep Shikha
Rajendra Place, New Delhi — 110 008
Subject: OA No. 1707/2016 filed by Shri R. K. Tripathi & Ors. Vs. UOI & Ors before Hon’ble CAT PB, New Delhi for grant of non-funtional Grade pay of Rs. 5400/- in PB-2 to those Inspectors who were granted Grade Pay of Rs. 4800/- due to ACP/MACP Scheme

Sir,

I am directed to say that as per extant instructions, non functional Grade Pay of Rs. 5400 in PB-2 (pre-revised) is granted to those Superitendents/ Appraisers who have completed 4 years of regular service in the Grade Pay of Rs. 4800/, Shri M. Subramaniam, the then Inspector who was granted Grade pay of Rs. 4800/- due to ACP scheme, got favorable judgement from the Hon’ble High Court of Madras and Civil Appeal No. 8883/2011 filed by UOI was dismissed by the Hon’ble Supreme Court. Review Petition in the said case was also dismissed by the Hon’ble Supreme Court.

2. Consequent upon dismissal of Civil Appeal No. 8883/2011 and Review Petition in Civil Appeal filed by UOI by Hon’ble Supreme Court, the judgement of Hon’ble High Court of Madras in M. Subramaniam has been implemented in consultation with D/o Expenditure.

3. Keeping in view a number of similar court cases in different Benches of CAT/Court being decided by CAT/High Court, in favour of petitioners, the matter was examined in the Board and a proposal was referred to D/o Expendiutre to consider extension of the benefit of the direction of the Hon’ble High Court in M. Subramaniam, to all similarly placed officers. Deptt.Of Expenditure vide note dated 12.11.2018 examined the matter and sought following clarifications:-

(i) How many individuals of which posts have been allowed the benefit so far?
(ii) How many similarly placed persons are to be covered in the benefit?
(iii) Whether the similarly placed persons are holder of the same post which was held by the individuals covered in the SLP?
(iv) The financial implications on the benefit already allowed and the estimated financial implication on the similarly placed employees?

4. The details sought by D/o Expenditure vide note dated 12.11.2018 needs to be compiled from the Zonal Commissionerates. You are requested to kindly obtain the details/ information on the points mentioned above from Zonal Commissionerate, compile it and furnish the same to the Board for taking up the matter with D/o Expenditure. Since a number of court cases are pending in CAT/High Court, it is requested to expedite this exercise and detail/information be made available to the Board, by 20.12.2018.

Yours faithfully,

(M. K. Gupta)
Under Secretary to the Government of India
Tele: 011-23095528
Source:MoF

Appointment on Compassionate Grounds – Priority No. 1 case- reg .

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
*****

RBE No. 181/2018
No. E(NG)II/2018/RC-1/44 pt
New Delhi, dated 27.11.2018

The General Manager(P)
All Indian Railways & PUs

Sub: Appointment on Compassionate Grounds – Priority No. 1 case- reg .

Attention is invited to this of!ice letter para 10 (i) and 10 (c) of Board’s letter No. E(NG)II/90/RC-1/117 dated 12.12.1990 wherein it had been laid down regarding order of priority in offering appointment on compassionate grounds.

Priority No. 10 (i) ~ Dependents of employees who die or are permanently crippled in the course of duty and 1 0 (c) – a time limit of one month should be observed within which appointment should be given and Para 6 of Board’s letter No. E(NG)II/91/RR-1120 dated 03.12.1991 wherein it had been laid down that Compassionate appointment in the clerical categories should be avoided to the extent possible. For any such appointment, General Manager should be personally satisfied that, the same is unavoidable, and offered as a last resort.

It has been decided by the Board that for the dependents of employees who die or are permanently crippled in the course of duty (Priority No.1), there should be no restriction on offering him/her clerical post and this power is hereby delegated to DRMs/CWMs solely for the dependents of employees who die or permanently crippled in the course of duty.

No. E(NG)II/2018/RC-1/44

(Neeraj Kumar)
Director Estt. (N)II,
Railway Board.
New Delhi, dated 27.11.2018

Source:AIRF

Prevention of frauds in Pension payments ~ regarding.

Employees' Provident Fund Organisation
Ministry of Labour & Employment, Government of India
Bhikaji Cama Place, New Delhi - 110066

No. Pen.II/14/Bkg.Arg/2018/11660
Date: 04 DEC 2018

To

All Additional Central P.F. Commissioner (Zonal Offices),
All Regional P.F. Commissioner (In-charges of Regional Offices).

Sub: Prevention of frauds in Pension payments ~ regarding.

Sir/ Madam,

This is with reference to occurrence of frauds and its prevention in the process of payment of pension to pensioners in the field offices. It is suggested to take the actions as detailed below:

(i) Rotation policy of staff may be followed. The maximum tenure of three years may be followed in all Regional Offices without any exceptions. Records of charge allocation including deputing special messengers’ alongwith CD/BRS to the bank should be maintained and periodically verified by officer In-charge concerned.

(ii) Credit statement of uploaded data is being provided by the bank to the concerned EPFO office for reconciliation within a day. PPO wise reconciliation may be done by the system itself. The activity of reconciliation may be carried out under the supervision of RPFC induding credit in EPFO’s A/c No. 10 of undisbursed account.

(iii) All monthly/weekly pension payments to be validated from system (master-record of BRS) before finalizing disbursement scrolls. This will eliminate any chance of fraudulent pension payment at source (pension payment pension sanctioned).

Apart from the above actions the officer In-charge concerned should adopt all other measures as deems fit for prevention of fraud in pension payment.

The matter may be accorded priority.

Yours faithfully,

(R.M.VERMA)
Additional Central P.F. Commissioner (Pension)

Source: https://www.epfindia.gov.in/site_docs/PDFs/Circulars/Y2018-2019/Pension_PreventionFrauds_11660.pdf

Extension of retirement age of Doctors- Travel Entitlements reg.

Government of India / भारत सरकार 
Ministry of Railways / रेल मंत्रालय
(Railway/Board). (रेलवे बोर्ड)
RBE No. 184/2018

No. F(E)I/2018/AL-28/72
New Delhi, dated 30.11.2018

The General Managers,
All Indian Railways etc.
(As per Standard Mailing List)

Sub: Extension of retirement age of Doctors- Travel Entitlements reg.

In terms of Board's letter No. E(P&A)1-2016/RT~16, dated 20/09/2018 & 17/10/2018, doctors belonging to IRMS and Dental Doctors-under the Ministry of Railways has been provided opportunity to serve the Government upto 65 years under certain conditions on their exercising the option of posting to a clinical post.

In this connection, it has been decided that those doctors belonging to IRMS and Dental Doctors under the Ministry of Railways who transferred to clinical duties on attaining the age of 62 years will carry their travel entitlements in the same manner as it was prior to such extension.

Sd/-
(Jitendra Kumar)
Dy. Director Finance (Estt.),
Railway Board.

No. F(E)1/2018/AL-28/72
New Delhi, dated 30.11.2018

Copy to Deputy Comptroller and Auditor General of India (Railways), Room No.222, Rail Bhavan, New Delhi (40 spares).

for Financial Commissioner/Railways.

No.F(E)1/2018/AL-28/72
New Delhi, dated 30 11.2018.

Copy forwarded to Principal Financial Adviser, All Indian Railways, Production Units etc.

Sd/-
(Jitendra Kumar)
Dy. Director Finance.(Estt),
Railway Board. 

Source: http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance/downloads/FE-I/F(E)I-2018-AL-28-72.pdf
,

Govt contribution to National Pension Scheme raised to 14% of basic salary

In a bonanza for government employees, the Cabinet Thursday raised the government's contribution to National Pension Scheme (NPS) to 14 per cent of basic salary from the current 10 per cent, sources said.

Minimum employee contribution will, however, remain at 10 per cent.

The Cabinet also approved tax incentives under 80C of the Income Tax Act for employees' contribution to the extent of 10 per cent, they added.

Presently, the government and employees contribute 10 per cent of basic salary each to NPS.

While the minimum employee contribution remains at 10 per cent, the government contribution has been increased from 10 per cent to 14 per cent.

 The Cabinet, headed by Prime Minister Narendra Modi, also allowed government employees to commute 60 per cent of the fund accumulated at the time of retirement, up from 40 per cent at present.

Also, employees will have the option to invest in either fixed income instruments or equities, sources said.

As per the Cabinet decision, if the employee decides not to commute any portion of the accumulated fund in NPS at the time of retirement and transfers 100 per cent to annuity scheme, then his pension would be more than 50 per cent of his last drawn pay, sources said.

The government did not announce the decision in view of the ensuing polls in Rajasthan Friday.

While the government is yet to decide on the date of notification of the new scheme, sources said such changes usually come into effect from the beginning of a financing year, meaning April 1, 2019.

This formula for changes in the NPS was worked out by the Finance Ministry based on the recommendation of a government-appointed committee.

Read at: Business-standard

Tuesday, December 11, 2018

Implementation of Labour Laws - List of suggestions by Ministry of Labour & Employment

F.No. A.12034/99/2018-AD. III(B)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
****
Hudco Vishala Building, Bhikaji Cama Place,
R. K. Puram, New Delhi, Dated: 19.11.2018

To

All Chief Commissioners/Directorate
under Central Board of Excise & Customs.

Subject: Implementation of Labour Laws- Regarding.

Sir/Madam,

I am directed to enclose herewith a copy of D.O. No. Z-20025/16/2018-LRC dated 23.10.2018 received from Ministry of Labour & Employment for information and necessary action.

Yours faithfully,
Encl: As stated above.
Sd/-
(BK Manthan)
Under Secretary to the Govt. of India
Tel. No.: 011-26162780

HEERALAL SAMARIYA, I.A.S.
Secretary to Govt. of India
MINISTRY OF LABOUR & EMPLOYMENT
SHRAM SHAKTI BHAVAN
NEW DELHI-110001

D.O. No-Z-20025/16/2018-LRC
October 23, 2018

Dear

As you aware that the Government of India and some of the State/UT Governments have been striving hard to bring about labour reforms with the objective of creation of job opportunities by creating an environment essential for development of business and industry. such reforms will not only reduce the compliance burden on establishments by simplifying way of doing business but also facilitate effective enforcement of labour laws leading to enhanced wage, job and social security for workers. It is also significant to underline that adoption and replication of best practices, taking legislative and administrative steps by all the State Governments is the need of the hour.

2. As “Labour” is a concurrent subject, labour laws are implemented by both Central and State Governments in their respective spheres. Therefore, reforms can take place only when both Central and State Governments actively take steps in rationalizing and simplifying the procedures as well as registers/ forms to be maintained under the Labour Laws. Further the governance reforms in Labour Administration will be effective only when both Central and State Governments take steps actively in reducing the complexity in compliance system and begin to work in synergy to realize the goal of providing one-stop-shop for labour law compliance to all the establishments of the states. Such active co-operation in ushering governance reforms will not only simplify the existing compliance system but would also ensure employment generation. Such Online and real time Labour Administration will also facilitate effective enforcement of labour laws & bring transparency and accountability in the enforcement mechanism. In this connection, we recommend that suggestions given at Annexure-I be implemented in your State as early as possible.

3.  In view of the above, I would request you to kindly instruct the concerned Department [Labour Department and its IT Counterpart of the State] to implement the suggestions as listed out in annexure. Further, your personal intervention is also desired so that monitoring of the suggestions may be reviewed on regular basis.  Initiatives undertaken by your State may also be intimated to this Ministry.

With regards,

Yours sincerely,

Sd/-
(Heeralal Samariya)
Chief Secretaries of all States/UTs

Copy to:

1. Hasmukh Adhia,
Finance Secretary,
Department of Revenue,
Ministry of Finance,
North Block,
New Delhi.

2. Shri Rajiv Kumar,
Secretary,
Department of Financial Services,
Ministry of Finance,
Jeevan Deep Building,
Sansad Marg,
New Delhi

3. Smt. Seema Bahuguna,
Secretary,
Department of Public Enterprises,
CGO Complex, Block No.14,
Lodhi Road,
New Delhi.

4. Shri Ramesh Abhishek,
Secretary,
Department of Industrial Policy & Promotion,
Ministry of Commerce & Industry,
Udyog Bhawan,
New Delhi.

5. Dr. Arun Kumar Panda,
Secretary,
Ministry of Micro, Small & Medium Enterprises,
Udyog Bhawan,
New Delhi.

Annexure-I
List of Suggestions:-

1. All the Labour Laws, including any amendment, should be available online on the website of Labour Department of the States

2. Services such [Registratiom License, Return filing, Challan, Plan approval] should compulsorily be developed online

3. Labour Department of the State / UT Governments may develop and launch an Online Platform Portal for industries and Workers operating in the State to offer various services such as [Online Inspection System, Online Inspection Report, Registration, License, Renewal, Amendment, Return filing including Common Annual Return, Challan, Approval of Plan and other services as possible].

4. While developing such services, the following provisions may also be kept in view such as Fee Payment should be through online Payment Gateway, Complete Online Processing of documents and time bound online approval/ clearances cutting delay.

5. Introduction of Online Common Annual Return, Online Self Certification Scheme, Online Common Application Form.

6. Introduction of Online Inspection System should be a computerized system based on risk based criteria and along with provision of randomized allocation of inspections. In addition, provision for submission of Online Inspection Report within 48 hours on the State Portal.

7. After that, the State Labour Portal will be integrated with the Shram Suvidha-Portal of the Government of India. But before that, at least an updated database of business units of the state which gets updated in real-time through an online registration service for users of the state on State Government Labour Portal is a must. Once this process is completed, thereafter, services such registrations, return and inspections would be integrated on the Shram Suvidha Portal so that business get an one-stop shop for meeting their compliance requirements.

Source: http://www.cbic.gov.in/resources//htdocs-cbec/deptt_offcr/circ-deptl/labour_laws.pdf

, ,

EXPECTED DA JANUARY 2019

No. 5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONV, SHIMLA-171004
DATED: 30th November, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — October, 2018

The All-India CPI-IW for October, 2018 increased by 1 point and pegged at 302 (three hundred and two). On 1-month percentage change, it increased by (+) 0.33 per cent between September, 2018 and October, 2018 when compared with the increase of (+) 0.70 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 0.95 percentage points to the total change. At item level, Wheat, Wheat Atta, Fish Fresh, Goat Meat, Poultry (Chicken), Onion, Cabbage, French Beans, Green Coriander Leaves, Lady Finger, Potato, Lemon, Tea (Readymade), Cooking Gas, Electricity Charges, Flowers/Flower Garlands, etc. are responsible for the increase in index. However, this increase was checked by Coconut Oil, Pure Ghee, Gourd, Palak, Pan Leaf, Quilt, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.23 per cent for October, 2018 as compared to 5.61 per cent for the previous month and 3.24 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (-) 0.95 per cent against 0.00 per cent of the previous month and 2.26 per cent during the corresponding month of the previous year.

At centre level, Munger-Jamalpur reported the maximum increase of (11 points) followed by Coimbatore, Surat and Ghaziabad (5 points each). Among others, 4 points increase was observed in 4 centres, 3 points in 8 centres, 2 points in 11 centres and 1 point in 24 centres. On the contrary, Nagpur recorded a maximum decrease of 5 points followed by Jalpaiguri (4 points). Among others, 2 points decrease was observed in 5 centres. Rest of the 20 centres’ indices remained stationary.

The indices of 37 centres are above All-India Index and 41 centres’ indices are below national average.

The next issue of CPI-IW for the month of November, 2018 will be released on Monday, 31st December, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRIT LAL JANGID)
DEPUTY DIRECTOR

Source:
http://labourbureaunew.gov.in/Press_Note_CPI_IW_OCT_2018_EH.pdf

Promotion process reforms-Amendment to para 219(l) of IREM VoII, Reprint Edition, 2009


RBE No. 179

भारत सरकार GOVERNMENT OF INDIA

रेल मंत्रालय MINISTRY OF RAILWAYS
(रेलवे बोर्ड RAILWAY BOARD)

NO-E(NG)I/2013/PM 1/62
New Delhi, dated November 27, 20 18

The General Managers, (P)
All Zonal Railways & PUa.
(As per standard mailing list)

Sub: Promotion process reforms-Amendment to para 219(l) of IREM VoII, Reprint Edition, 2009

Attention is invited to Para 219(l) of IREM Vol.I regarding modification of selection panel.

It has been observed that there is no uniformity in the practice being followed by the Zonal Railways/PUs so far as this provision is concerned.

With a view to bring about uniformity in the procedure adopted on the Railways and to avoid delays in the selection procedure, it has been decided as follows:
“Where a selection panel has been approved by ADRM in the division, a proposal for modification of panel may be approved by DRM as the authority next higher than the one that approved the panel.
“Where a selection panel has been approved by DRM in the Division/HOD in the Zonal Headquarter, a proposal for modification of panel may be approved by C HOD/PHOD as the authority next higher than the one that approved the panel.
The above provisions may be inserted as a Note below the existing para 219(l) as per ACS No.257 enclosed herewith.

(P. M. Meena)
Dy. Dir. II/Estt (NG)
Railway Board

INDIAN RAILWAY ESTABLISHMENT MANUAL, VOLUME-I
(1989 EDITION, First Re-print Edition - 2009)

ADVANCE CORRECTION SLIP No.257

Chapter II, B - Rules governing promotion of Group ‘C’ staff

Note below Para 219(l)

“Where a selection panel has been approved by ADRM in the. division, a proposal for modification of panel may be approved by DRM as the authority next higher than the one that approved the panel."

“Where a selection panel has been approved by DRM in the Division/HUI) in the Zonal Headquarter, a proposal for modification of panel may be approved by CHOD/PHOD as the authority next higher than the one that approved the panel."

(Authority: Railway Boards letter No. E(NG)I//2018/PM 1/62 dt. 27.11.2018)

Source: http://www.indianrailways.gov.in/railwayboard/uploads/directorate/establishment/ENG-I/RBE_179_2018.pdf

,

Why Govt Employees Are Up in Arms About the New Pension Scheme

Author: Akhil Kumar

Unlike the old scheme, government employees are now forced to fund half of their pension themselves. This has caused indignation and sparked widespread protests.

New Delhi: On November 16, Union minister Piyush Goyal was reportedly hounded out of an event in Lucknow by railway employees. Among other issues, the protesters were angry about the new pension scheme and demanded the restoration of the old system.

Not just Uttar Pradesh, unrest against the scheme has been brewing across the country and often manifests in mass protest demonstrations.

Forget sustenance, several recently retired government employees say they can’t even pay their monthly electricity bills with the pension amount.

Many of these employees covered under the new contribution-based pension system are receiving as little as Rs 700-800 as monthly pension while the minimum guaranteed amount in the old defined benefit scheme is Rs 9,000. They are now required to pay 10% of their monthly wages which is matched by the government and invested in equity shares. Retirement pensions are dependent on the returns on that accumulated investment.

In the old system, the entire pension amount was borne by the government while fixed returns were guaranteed for employee contribution to the General Provident Fund (GPF). The government pays 50% of the last drawn salary plus dearness allowance (DA) as pension to employees after retiring, and to their dependent family members in case of death.

What is the new pension scheme and how is it different from the old one?
The National Pension System (NPS) is a defined contribution scheme mandatory for all new recruits to the Central government (except armed forces) joining on or after January 1, 2004. All state governments, except West Bengal, have also made it mandatory.

In 2009, the scheme was extended to all Indian citizens from 18-60 years of age, however, the 10% government contribution is only for government employees. An independent Pension Fund Regulatory and Development Authority (PFRDA), set up in 2013, regulates the NPS.

The NPS has two tiers – Tier 1 is mandatory for all government employees and has a fixed lock-in period. Subscribers can only withdraw the accumulated wealth after they retire, i.e., are 60 years old. A recent amendment allows them to withdraw 25% of the employee contribution in case of emergencies.

Even at the time of retirement, subscribers can withdraw only 60% of the total amount, which is taxable, and it’s mandatory to invest the rest 40% to buy a lifelong annuity scheme through an IRDA-regulated insurance company. If they leave the scheme or retire before attaining the age of 60, 80% of the pension wealth has to be invested in the annuity scheme.

Tier 2 is a voluntary account, more of a substitute for the GPF where one can withdraw any amount at any time. The government does not contribute anything in the tier 2 account.

Unlike the pension and GPF in the old scheme, the NPS does not guarantee any fixed returns as it is market-linked.
Teething troubles or discriminatory by design?
Since the NPS covers employees recruited after December 2003 and the age of retirement is 60, most employees are yet to avail the new pension benefits.

On being asked why they were protesting more than a decade after the old scheme was replaced, the employees say they initially had little understanding of the scheme as there were no active efforts to educate them or raise awareness about it.

They were told that NPS was better as the government was also matching their contributions. “Many employees have been protesting from the start but NPS was forced on us nevertheless. Such large-scale movements take time. We were fewer in number and it took time to organise,” Manjeet Singh Patel, Delhi state president of the National Movement for Old Pension Scheme (NMOPS), told The Wire.

Many experts and supporters of the scheme argue that just like a standard Systematic Investment Plan, long-term capital gains under NPS would be better than before. However, protesting employees argue that for those retiring after 10-12 years under NPS, the accumulated wealth is too less to provide substantial amount as pensions.

“The total accumulated wealth in my NPS account on retirement was Rs 3.25 lakhs even when I got 13% interest rate on it. After 60% of it was paid to me on retirement, I am receiving less than Rs 700 every month as pension through the annuity scheme,” R.P. Bhatia, a former employee of the Haryana electricity board, told The Wire.

Bhatia was made permanent in November 2006 and retired in 2013. NPS was enforced in Haryana from 2006 itself. He says his colleagues who were recruited not long before him are receiving over Rs 15,000 as pension under the old scheme.

To be sure, employees did not need to contribute anything to avail pension in the earlier scheme. Under NPS, employees have to fund half of their pension themselves.

If they want a GPF-like option where there’s no strict lock-in period, they have to additionally deposit money in the tier 2 account. They say this leaves them with less disposable income and even then, they live in constant anxiety of losing their money in the equity market.

“If the government wanted to encourage us to invest in mutual funds, we should have been educated about it and it should be optional for those willing to risk it. The government is forcing us into it instead of providing a safety net,” Patel added.

In addition to these issues, government employees from many parts of Uttar Pradesh allege their contribution hasn’t even started being deducted from their salaries. “How will we get returns from the market when our money hasn’t even been deducted from our accounts to be invested,” Ajit Verma, a 32-year-old government employee from Lakhimpur Kheri in UP, told The Wire. He adds that this is the case in many blocks of his district.
Speculative benefits instead of safety net
“The minimum pension amount under the old scheme is Rs 9,000 which has been calculated keeping in mind entry-level minimum wages. Real pension amounts are much higher as nobody retires on entry-level wages. In the new scheme, even those who have worked for a decade are getting as little as Rs 1,000-2,000. This is a disastrous policy,” Tapan Sen, general secretary, Center of Indian Trade Unions, told The Wire.

Sen also alleges that both the Congress and BJP governments, through this scheme, have been using public money to help those who profit through speculation in the share market at the cost of vulnerable government employees.

In addition to nervousness because of a mistrust in market-linked schemes, the employees also feel they are being discriminated against as armed forces recruits are still covered under the old scheme and they feel their fellow colleagues covered under the old scheme are getting a better deal.

Clearly defined pension amounts and a safety net in the form of fixed interest rates on GPF were the main attractions for a government job for these employees who typically spend their whole working lives in the public sector.
Current state of economy adding to woes
The current state of the economy does nothing to inspire confidence in these employees as they see their interest rates dip in the aftermath of events like demonetisation and Goods and Services Tax.

“We were told that our money in the market would also help avoid a 2008-like economic slowdown. How are we to trust this logic when people like Vijay Mallya and Nirav Modi run away with thousands of crores of public money? When even our pension fund managers like SBI goes into massive losses?” Vijay Kumar, national president of the NMOPS, told The Wire.

A rare moment of unity among government employees
As word spreads of an organised movement against the new pension scheme, employees from various government departments and states are joining in. Leaders of the movement say this is one of the rare issues that has united government employees from very diverse sectors and geographical locations.

Workers from the banking sector are also lending their voice to the protest. A charter of demands submitted to the Indian Banks’ Association by the All India Bank Officers’ Confederation also demands scrapping of the NPS.

“Either we go to the old scheme or this scheme can itself be converted into an assured pension scheme. We have also given a workaround on how it can be done. If invested properly, it is possible to guarantee assured income. Instead of investing in the market, the fund can be used in lending activities. Retail lending can alone fetch 12-15% interest and we can avoid the whims of the market,” Thomas Franco, former general secretary of AIBOC, told The Wire. Even while suggesting how to ease anxieties regarding market volatility, Franco’s preference remains going back to the old scheme.

Since no concrete action was taken to address their concerns even after multiple appeals to all concerned authorities, the NMOPS has planned to mobilise lakhs of government employees from across India and march to the parliament on Monday.

Read at: The Wire

Monday, November 26, 2018

,

Meeting of the NJCA

NJCA
National Joint Council of Action
4, State Entry Road New Delhi – 110055

No.NJCA/2018
Dated November 21 2018

All Members of the NJCA
Dear Comrades,

Sub: Meeting of the NJCA

Ref : This office letter of even number dated 14th November 2018

It has been decided to hold meeting of the National Joint Council of Action (NJCA) on 4th December 2018 from 16:00 hrs in JCM Office, 13-C, Ferozshah Road, New Delhi, to take stock of the current situation in regard to non-settlement of major pending issues, viz

(i) Improvement in Minimum Wage and Fitment Formula
(ii) No Progress in respect of NPS Covered Central Government Employees
(iii) Other pending issues related to National and Departmental Anomalies.

All of you are requested to make it convenient to attend the aforementioned meeting of the NJCA, so as to take the consensus decision for future course of action in the prevalent scenario.

With Fraternal Greetings,

Comradely yours,

(Shiva Gopal Mishra)
Convener

Source : Confederation

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