Guidelines on reemployment of Ex-servicemen in Public Sector Banks/Financial services

Guidelines on reemployment of Ex-servicemen in Public Sector Banks/Financial services have been issued vide the Ministry of Finance, Department of Economic Affairs (Banking Division) (Now Department of Financial Services) OM No.261/16/89-SCT(B) dated the 30th May, 1990. The OM prescribes the following maximum age limit for recruitment of Ex-servicemen in the Public Sector Banks/Financial Institutions:
1. Security Guard/Armed Guard-45 Years
2. Clerical cadre-50 Years
3. Sub-staff cadre other than Security Guard/Armed Guard-50 Years
4. Chief Security Officer-55 Years
5. Security Officers-40 Years

The Public Sector Banks do not have any Assured Career Progression Scheme (ACP) similar to Government.

Above statement was submitted by Ministry of P,P&G in reply of undermentioned Rajya Sabha Queries:-

GOVERNMENT OF INDIA
MINISTRY OF  PERSONNEL,PUBLIC GRIEVANCES AND PENSIONS
RAJYA SABHA
UNSTARRED QUESTION NO-848
ANSWERED ON-12.12.2013
Guidelines for re employment
848 . SHRI MAHENDRA SINGH MAHRA

(a)  whether Government of India has issued guidelines regarding prescribing maximum age limit for re-employment in SBI and other Public Sector Banks upto the age of 50 years in "Ex-servicemen (Re-employment in Central Civil Services and Posts) Rules, 1979;

(b) if so, the details of these guidelines and whether these guidelines are being implemented by all banks uniformly without prejudice to the ex-servicemen category; and

(c) whether ex-servicemen joining banks at the age of 50 years are being extended the opportunities for out of cadre promotions on re-employment to implement the policy of Government of Assured Career Progression (ACP) Scheme?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE (SHRI V. NARAYANASAMY)
(a) to (c):  ** as above **

Source: Rajya Sabha
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Cadre Restructuring and re-organization of field formations under central board of excise & customs.

F.No.A.11019/08/2013-Ad.IV 
Government of India 
Department of Finance 
Department of Revenue 
(Central Board of Excise & Customs)

HUDCO Vishala, Bhikaji Cama Place
New Delhi, December 18, 2013

To
The Director General
Directorate General of Human Resource Development
Customs & Central Excise
409/8 Deep Shikha, Rajendra Place
New Delhi – 110 008.

Subject:  Cadre Restructuring and re-organization of field formations under central board of excise & customs.

Madam

   I am directed to convey the sanction of the competent authority for creation of 18067 posts in various grades under the central Board of Excise & customs, as per details in Annexure  a to this letter, with immediate effect. With the creation of these posts, the total sanctioned staff strength of the Central Board of Excise & Customs will be increased from the existing 66808 to 84875.

   2. The posts approved for creation include 2118 temporary Group A posts created in Junior Time Scale for a period of five years from the dated of this letter, to be regulated in the manner stipulated in Para 4 hereunder.

   3. The new vacancies arising due to additional regular posts approved for creation in the Junior Time Scale as well chain vacancies in JTS arising due to promotions against additional posts created at higher levels will be filled up in accordance with the provisions of India Revenue Service (Customs & Central Excise) Recruitment Rules, 2012 and the extant instructions of DOP &T.

   4. The temporary vacancies arising due to creation of 2118 temporary posts in Junior Time Scale will be operational for five years from the date of this letter and will be filled up only on promotion from the feeder grades specified in the relevant recruitment rules. The promotions against these vacancies shall not entail further promotion to any level beyond JTS.

   5. All additional posts created in various other grades will also be filled up in accordance with the provisions of the relevant recruitment rules.

   6. Pending notification of revised recruitment rules, wherever required the newly created/re-designated posts will be filled up on the basis of the extant Guidelines for Recruitment Rules, issued by the Department of Personnel & Training. Concurrence of Deptt. Of personnel & Training would be obtained for the relaxations, wherever required.

   7. wherever the posts recommended for abolition are filled up at present, such abolition will be effective on such posts being relinquished by the existing incumbents by way of promotion, transfer, retirement, resignation etc.

   8. The formation-Wise distribution of the posts at various levels will be issued  separately. Details of Group “C” Posts will also be communicated separately.

   9. This issues with the approval of competent authority and with the concurrence of integrated Finance Unit vide their ID No.212509/JS&FA(F)/2013 dated December 18,2013.

Yours faithfully 
  
Sd/- 
(Nirbhai Singh) 
Under Secretary to the Govt. of India

Source:http://www.cbec.gov.in/deptt_offcr/cadre-restruct/cadre-restruct-ins.pdf













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Inclusion of Jat community in the Central List of OBCs for the States of Gujarat, Haryana, Himachal Pradesh, Madhya Pradesh, Rajasthan Uttar Pradesh, Delhi, Uttarakhand and Bihar

The Union Cabinet today approved the following as suggested by the Group of Ministers.

Jats are already included in the State List of OBCs in nine States. Formal reports of the State Backward Class Commissions on the subject for the States of Haryana (2012) and Himachal Pradesh (2002) and books relating to socio economic status of farming communities in northern India and caste, land and political power in Uttar Pradesh are available. These may contain valuable and relevant material which can be utilized by the National Commission for Backward Classes (NCBC) to give its advice on the demand for inclusion of Jats in the Central List of OBCs in the States of Gujarat, Haryana, Himachal Pradesh, Madhya Pradesh, Rajasthan (two districts), Uttar Pradesh, Delhi, Uttarakhand and Bihar.

This decision would enable the Jat Community to avail the benefits of reservation available to the Other Backward Classes for employment/ admission in /to Central Government services and posts/ educational Institutions.

Background:

Jat Community has been demanding inclusion in the Central List of Other Backward Classes for various states. The NCBC which was set up under the NCBC Act 1993, has been entrusted with the function of examining requests for inclusion of any Class of citizens as a backward class in the lists (Central List of Other Backward Classes) and hear complaints of over inclusion or under inclusion of any backward class in such lists, and tender advice to the Central Government as desired appropriate. At present, the Jat Community is included, in the Central List of OBCs for the States of Gujarat - Jat (Muslim) and Rajasthan (except in Bharatpur and Dhaulpur districts). They are, at present, included in the State Lists of nine States. The requests of Jats for inclusion in the Central List of OBCs for the States of Haryana, Madhya Pradesh, Uttar Pradesh and Bharatpur and Dhaulpur districts of Rajasthan was earlier rejected by NCBC in 1997. The NCBC under the NCBC (Power to Review Advice) Rules 2011, decided to consider requests for inclusion of the Jat community after collecting additional socio-economic data through the ICSSR, in addition to data from the SECC. A GoM was constituted on 20.8.2013 to (i) engage with the representatives of the Jat community periodically; and (ii) apprise itself of the progress of the survey being conducted by NCBC through ICSSR in six states.

Source:pib
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Enhancement of salary limit of Employees Provident Fund

Enhancement of salary limit of Employees Provident Fund is considering to Rs.15000..!

While answering to a question in Parliament, Minister of State for Labour and Employment Shri Kodikunnil Suresh said that A proposal for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from 20 to 10 under the Employees Provident Funds & Miscellaneous Provisions Act, 1952 are under consideration of the Government.

A proposal for providing a minimum pension of Rs. 1000/- to member pensioners under Employees’ Pension Scheme, 1995 is also under consideration of the Government.

Source : CGEN.in
[http://centralgovernmentemployeesnews.in/2013/12/enhancement-of-salary-limit-of-employees-provident-fund/]
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Pcafys Orders - Defence Civilians Medical Aid Fund (DCMAF)

CIRCULAR
OFFICE OF THE PRINCIPAL CONTROLLER OF ACCOUNTS (FYS)
10A, S.K.BOSE ROAD. KOLKATA-700001.

No. 1064/AN-C/MISC.

Dated - 01.08.2013
Subject: Defence Civilian Medical Aid Fund (DCMAF)
Ref :- This Office letter no.1064/AN-C/DARC-Welfare/Circular, dtd. 11.12.2012

Kindly refer to this Office letter no. cited under reference wherein it was cordially requested to familiarise the employees of your establishment with the current benefits of the DCMAF scheme and to encourage them to enroll their names as member of this Fund to make the membership drive a grand success.

In this context, a cut-up date, i.e. 31st May 2013 has been fixed as last date of deposition to become member for getting current benefits from this Fund.

It is, therefore, requested to kindly make a list of the employees who are interested fort becoming the member of this fund and forward the same on or before the above mentioned date. At the time of enlisting the membership it is ensured that the subscription has been collected according to the rates of subscription to which the employee is entitled. Necessary forms relating to DCMAF can be downloaded 'caomod.nic.in/dcmaf/01_medicalaid.htm’.
sd/-
(D.B.Chakraborty)
Asstt. Controller of Accounts (AN)
Source : www.pcafys.gov.in
[http://pcafys.gov.in/files/defence%20civilian%20medical%20aid%20fund.pdf]
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Railway Board Orders - Hostel facilities for single women Railway employees at all Divisional headquarters

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
RBE No.131/2013.
No. E (G) 2013 QR1-09
New Delhi, Dated: 11/12/2013
The General Managers,
All Indian Railways/Production Units,
(As per standard list)

Sub: Hostel facilities for single women Railway employees at all Divisional headquarters.

Following declaration by the then Hon'ble Railway Minister in his Budget speech (2013-14) in regard to provision of hostel facilities for single women Railway employees at all Divisional headquarters, the issue has been considered by the full Board.

2. The Board has decided that the single women Railway employees may be provided with hostel facilities at all the Divisional headquarters by making appropriate arrangement without any pay scale restrictions.

3. For this purpose the Zonal Railways may earmark appropriate number of staff quarters without resorting to new constructions at appropriate locations and furnishing those units with basic necessities such as bare essential furniture, skeletal kitchen set up etc. Further, whenever new quarters are sanctioned, the first priority should be given to women hostel.

4. This Issues with the concurrence of the Finance Directorate of the Ministry of Railways.

5. Please acknowledge receipt.
sd/-
(S.K.PANDA)
Deputy Director Estt.(Gen.)
Source: NFIR

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Bank Strike: Notice of Strike by UFBU on 18th December 2013


Indian Banks' Association

HR & Industrial Relations

No.CIR/HR&IR/Q/2013-14/8381
December 2, 2013

Chief Executives of Member Banks
which are parties to the Bipartite Settlement

Dear Sirs,
Notice of Strike by UFBU on 18th December 2013
The Convenor of United Forum of Bank Unions (UFBU) has served a notice of strike dated 2nd December 2013 informing us of their decision to go on a All India strike on 18th December 2013. A copy of the Notice listing their demands is enclosed.


In the event of the strike materializing on the 18th December 2013, we request you to take necessary steps/action including enforcing wage cut as may be necessary as per extant Government guidelines and guidelines issued by IBA from time-to-time and our circular No.PD/CIR/76/Q/177 dated 3rd May, 1993 and our circular no.CIR/HR&IR/76/Q/2009-10/1224 dated 25th August 2009. Please also advise all your branches/offices to prominently display a suitable notice regarding the proposed strike on 18th December 2013 for the benefit of customers and the general public.

We note to keep member banks informed of developments arising out of conciliation proceedings, if any, which may be initiated by the Conciliation Officer.

Yours faithfully,

K UNNIKRISHNAN
DY. CHIEF EXECUTIVE

UNITED FORUM OF BANK UNIONS
(AIBEA-AIBOC-NCBE-AIBOA-BEFI-INBEF-INBOC-NOBW-NOBO)

SBI Buildings, Bank Street, Koti, HYDERABAD – 500 095.
Telephone Nos. 040-24754166, 24754266, 24754566
E-mail: ncbe.hyd@gmail.com Mobile : 09848124254
Fax No. 040-24752966

UFBU / 2013 / STRIKE NOTICE 2nd December, 2013
FORM – 1
NOTICE OF STRIKE

NAME OF UNIONS :
- UNITED FORUM OF BANK UNIONS (U.F.B.U.)
- ALL INDIA BANK EMPLOYEES’ ASSOCIATION (AIBEA)
- ALL INDIA BANK OFFICERS’ CONFEDERATION (AIBOC)
- NATIONAL CONFEDERATION OF BANK EMPLOYEES (NCBE)
- ALL INDIA BANK OFFICERS’ ASSOCIATION (AIBOA)
- BANK EMPLOYEES FEDERATION OF INDIA (BEFI)
- INDIAN NATIONAL BANK EMPLOYEES FEDERATION (INBEF)
- INDIAN NATIONAL BANK OFFICERS CONGRESS (INBOC)
- NATIONAL ORGANISATION OF BANK WORKERS (NOBW)
- NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)


NAMES OF ELECTED REPRESENTATIVES
1. Shri. M V Murali, Convener, UFBU & General Secretary, NCBE
2. Shri. C.H. Venkatachalam, General Secretary, AIBEA
3. Shri. Harvinder Singh, General Secretary, AIBOC
4. Shri. S. Nagarajan, General Secretary, AIBOA
5. Shri. Pradeep Biswas, General Secretary, BEFI
6. Shri. Subhash Sawant, General Secretary, INBEF
7. Shri. K.K. Nair, Chairman, UFBU & General Secretary, INBOC
8. Shri Ashwini Rana, General Secretary, NOBW
9. Shri. S Deshpande, General Secretary, NOBO

Dated this day of 2nd December, 2013

To
The Chairman,
Indian Banks’ Association,
World Trade Centre,
Cuffe Parade, Mumbai

Sir,
In accordance with the provisions contained in sub-section (1) of Section 22 of the I.D. Act – 1947, we hereby give you notice that the members of all the constituent unions of United Forum of Bank Unions ( AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO) propose to go on strike on the 18th December, 2013.

Main Issues and Demands :

IMMEDIATE WAGE REVISION
TO STOP BANKING REFORMS


The details of the programme and the Statement of the case are furnished herein.

sd/-
(M.V.MURALI)
CONVENOR

Source: www.iba.org.in
[http://www.iba.org.in/Documents/strike_notice_dt_2_12_2013.pdf]
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Accounting Policy for Inflation Linked BondsPFRDA-NPS

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY 
CIRCULAR 
File No.: PFRDA/2013/19/PFM/5 Date: 11th Dec. 2013

To,

All Pension Funds

Subject: Accounting Policy for Inflation Linked Bonds

1. Inflation Indexed Bonds (IIB) 2013-14 issued by RBI has a fixed real coupon rate and a
nominal principal value that is adjusted against inflation. Coupons will be paid on adjusted
principal and on maturity, the adjusted principal or face value (whichever is higher) will be
paid. For providing inflation protection, Final Wholesale Price Inflation (WPI) will be used
with four months lag.

2. The Index Ratio (IR) is to be computed by dividing reference index for the settlement date by
reference index for issue date (i.e., IR setdate = Ref. Inflation Index setdate / Ref. Inflation Index
Issue Date). The formulae for calculating Ref WPI for a specific date is:

Ref WPI Date = Ref WPIM + (t - 1) x [Ref WPIM + 1 - Ref WPIM]
                                                   ---                              
                                                    D
Date = valuation date
D = the number of days in the month in which the Date falls
t = the calendar day corresponding to Date
Ref WPIM = Ref WPI for the first day of the calendar month in which Date falls
Values to be truncated to six decimals and rounded to five decimals.

3. Through interpolation, the daily Ref WPI should be computed for a particular month with the
above noted formula and also the daily Index Ratio has to be derived therefrom.

4. For the purpose of accounting IIB in NPS Schemes, the accruals of interest on IIB are to be
calculated daily on the inflation adjusted principal (Principal X Index Ratio setdate) with the
applicable real rate of return and may be valued in accordance with the valuation guidelines
issued by FIMMDA. Moreover, if any variances arise due to actual coupons receipts vis a vis
the accruals, it should be appropriated to the Schemes on the coupon due date.


 Mono Gogoi Phukon 
 (Dy. General Manager)
Source:pfrda
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Implementation of suo motu disclosure under Section 4 of RTI Act, 2005: Action Taken Report sought by DoPT

No 11/18/2013-IR 
Government of India 
Ministry of Personnel, PG & Pensions 
Department of Personnel Training 
North Block, New Delhi-110001 
Dated 10th December, 2013 
OFFICE MEMORANDUM 

Sub: Implementation of suo motu disclosure under Section 4 of RTI Act, 2005 — Compliance of Section 4 of the RTI Act, 2005. 

Attention is invited to this Department's O.M. of even no. dated 15.4.2013 on the subject mentioned above.

2. In that O.M., it was mentioned that each Ministry/Public Authority shall ensure that the guidelines for suo motu disclosure under RTI are fully operationalised within a period of 6 months from the date of their issuance i.e. 15.04.2013. It was also requested that the Action Taken Report on the compliance of guidelines should be sent, alongwith the URL link, to the DoPT and the Central Information Commission soon after the expiry of the initial period of the 6 months. It has been noticed that most of the Ministries/Departments/Public Authorities have not sent the compliance report/Action Taken Report to this Department and Central Information Commission.

3. It is once again requested that the guidelines mentioned in O.M. dated 15.4.2013 be complied with at the earliest and compliance report sent to this Department and Central Information Commission, immediately.

sd/-
(Sandeep Jain) 
Director (IR) 

Source: www.persmin.nic.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02rti/11_18_2013-IR-10122013.pdf]






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Himachal CM seeks 'one rank, one pension' for ex-servicemen

Himachal Pradesh Chief Minister Virbhadra Singh Saturday met Congress president Sonia Gandhi here and pleaded the case for implementation of 'one rank, one pension' scheme for the ex-servicemen.

He said the implementation of the scheme would benefit the majority of the ex-servicemen in the state and would give them additional economic security in their old age.

The chief minister also apprised Gandhi about various developmental projects and schemes launched in the state, an official statement said.

He said the state has adopted the party's election manifesto as an official document and all the promises made in the manifesto are being implemented.

Singh apprised her about the action taken by the government on a corruption "charge sheet" submitted by the Congress, when in opposition, to President Pranab Mukherjee against the then Bharatiya Janata Party (BJP) government.

In the charge sheet, the Congress accused then chief minister Prem Kumar Dhumal of extending favours to his son Anurag Thakur, a BJP MP, and the Himachal Pradesh Cricket Association (HPCA) which is controlled by him.

It had alleged that the government had provided several pieces of land to the HPCA in various parts of the state.

The Congress alleged that the government has extended favours to infrastructure group Jaiprakash Associates Ltd. in setting up hydropower and cement projects.
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