Seventh Central Pay Commission recommends 23.55% hike in overall increase in pay & allowances and pensions
The total financial implication in the FY 2016-17 is likely to be ₹1,02,100 crore, over the expenditure as per the ‘Business As Usual’ scenario. Of this, the increase in pay would be ₹39,100 crore, increase in allowances would be ₹ 29,300 crore and increase in pension would be ₹33,700 crore.
The seventh Pay Commission, headed by Justice A.K. Mathur submitted its report to Hon’ble Finance Minister of India Shri Arun Jaitley. The recommendations of the report is likely to be implemented from 1st January 2016. The key recommendations of the report are:
The seventh Pay Commission, headed by Justice A.K. Mathur submitted its report to Hon’ble Finance Minister of India Shri Arun Jaitley. The recommendations of the report is likely to be implemented from 1st January 2016. The key recommendations of the report are:
· Minimum Pay: Based on the Aykroyd formula, the minimum pay in government is recommended to be set at ₹18,000 per month
· Maximum Pay: ₹2,25,000 per month for Apex Scale and ₹2,50,000 per month for Cabinet Secretary and others presently at the same pay level
· Financial Implications: The total financial impact in the FY 2016-17 is likely to be ₹1,02,100 crore, over the expenditure as per the ‘Business As Usual’ scenario. Of this, the increase in pay would be ₹39,100 crore, increase in allowances would be ₹ 29,300 crore and increase in pension would be ₹33,700 crore.
· Maximum Pay: ₹2,25,000 per month for Apex Scale and ₹2,50,000 per month for Cabinet Secretary and others presently at the same pay level
· Financial Implications: The total financial impact in the FY 2016-17 is likely to be ₹1,02,100 crore, over the expenditure as per the ‘Business As Usual’ scenario. Of this, the increase in pay would be ₹39,100 crore, increase in allowances would be ₹ 29,300 crore and increase in pension would be ₹33,700 crore.
Out of the total financial impact of ₹1,02,100 crore, ₹73,650 crore will be borne by the General Budget and ₹28,450 crore by the Railway Budget. In percentage terms the overall increase in pay & allowances and pensions over the ‘Business As Usual’ scenario will be 23.55%. Within this, the increase in pay will be 16%, increase in allowances will be 63%, and increase in pension would be 24%. The total impact of the Commission’s recommendations are expected to entail an increase of 0.65% points in the ratio of expenditure on (Pay+ Allowances+ Pension) to GDP compared to 0.77% in case of VI CPC (Central Pay Commission).
· New Pay Structure: Considering the issues raised regarding the Grade Pay structure and with a view to bring in greater transparency, the present system of pay bands and grade pay has been dispensed with and a new pay matrix has been designed. Grade Pay has been subsumed in the pay matrix. The status of the employee, hitherto determined by grade pay, will now be determined by the level in the pay matrix.
· Annual Increment: The rate of annual increment is being retained at 3 percent.
· Fitment: A fitment factor of 2.57 is being proposed to be applied uniformly for all employees.
· Modified Assured Career Progression (MACP): Performance benchmarks for MACP have been made more stringent from “Good” to “Very Good”. The Commission has also proposed that annual increments not be granted in the case of those employees who are not able to meet the benchmark either for MACP or for a regular promotion in the first 20 years of their service.No other changes in MACP recommended.
· Annual Increment: The rate of annual increment is being retained at 3 percent.
· Fitment: A fitment factor of 2.57 is being proposed to be applied uniformly for all employees.
· Modified Assured Career Progression (MACP): Performance benchmarks for MACP have been made more stringent from “Good” to “Very Good”. The Commission has also proposed that annual increments not be granted in the case of those employees who are not able to meet the benchmark either for MACP or for a regular promotion in the first 20 years of their service.No other changes in MACP recommended.
· Military Service Pay (MSP): The Military Service Pay, which is a compensation for the various aspects of military service, will be admissible to the Defence forces personnel only. As before, Military Service Pay will be payable to all ranks up to and inclusive of Brigadiers and their equivalents. The current MSP per month and the revised rates recommended are as follows:
Present
Proposed
i.
Service Officers
₹6,000
₹15,500
ii.
Nursing Officers
₹4,200
₹10,800
iii.
JCO/ORs (Junior Commissioned Officers/Other Ranks)
₹2,000
₹ 5,200
iv.
Non Combatants (Enrolled) in the Air Force
₹1,000
₹ 3,600
Proposed
i.
Service Officers
₹6,000
₹15,500
ii.
Nursing Officers
₹4,200
₹10,800
iii.
JCO/ORs (Junior Commissioned Officers/Other Ranks)
₹2,000
₹ 5,200
iv.
Non Combatants (Enrolled) in the Air Force
₹1,000
₹ 3,600
· Short Service Commissioned Officers: Short Service Commissioned Officers will be allowed to exit the Armed Forces at any point in time between 7 and 10 years of service, with a terminal gratuity equivalent of 10.5 months of reckonable emoluments. They will further be entitled to a fully funded one year Executive Programme or a M.Tech. programme at a premier Institute.
· Lateral Entry/Settlement: The Commission is recommending a revised formulation for lateral entry/resettlement of defence forces personnel which keeps in view the specific requirements of organization to which such personnel will be absorbed. For lateral entry into CAPFs an attractive severance package has been recommended.
· Headquarters/Field Parity: Parity between field and headquarters staff recommended for similar functionaries e.g Assistants and Stenos.
· Cadre Review: Systemic change in the process of Cadre Review for Group A officers recommended.
· Allowances: The Commission has recommended abolishing 52 allowances altogether. Another 36 allowances have been abolished as separate identities, but subsumed either in an existing allowance or in newly proposed allowances. Allowances relating to Risk and Hardship will be governed by the proposed Risk and Hardship Matrix.
· Risk and Hardship Allowance: Allowances relating to Risk and Hardship will be governed by the newly proposed nine-cell Risk and Hardship Matrix, with one extra cell at the top, viz., RH-Max to include Siachen Allowance. The current Siachen Allowance per month and the revised rates recommended are as follows:
Present
Proposed
i.
Service Officers
₹21,000
₹31,500
iii.
JCO/ORs
₹14,000
₹21,000
· Lateral Entry/Settlement: The Commission is recommending a revised formulation for lateral entry/resettlement of defence forces personnel which keeps in view the specific requirements of organization to which such personnel will be absorbed. For lateral entry into CAPFs an attractive severance package has been recommended.
· Headquarters/Field Parity: Parity between field and headquarters staff recommended for similar functionaries e.g Assistants and Stenos.
· Cadre Review: Systemic change in the process of Cadre Review for Group A officers recommended.
· Allowances: The Commission has recommended abolishing 52 allowances altogether. Another 36 allowances have been abolished as separate identities, but subsumed either in an existing allowance or in newly proposed allowances. Allowances relating to Risk and Hardship will be governed by the proposed Risk and Hardship Matrix.
· Risk and Hardship Allowance: Allowances relating to Risk and Hardship will be governed by the newly proposed nine-cell Risk and Hardship Matrix, with one extra cell at the top, viz., RH-Max to include Siachen Allowance. The current Siachen Allowance per month and the revised rates recommended are as follows:
Present
Proposed
i.
Service Officers
₹21,000
₹31,500
iii.
JCO/ORs
₹14,000
₹21,000
· House Rent Allowance: Since the Basic Pay has been revised upwards, the Commission recommends that HRA be paid at the rate of 24 percent, 16 percent and 8 percent of the new Basic Pay for Class X, Y and Z cities respectively. The Commission also recommends that the rate of HRA will be revised to 27 percent, 18 percent and 9 percent respectively when DA crosses 50 percent, and further revised to 30 percent, 20 percent and 10 percent when DA crosses 100 percent.
· Medical Facilities: Introduction of a Health Insurance Scheme for Central Government employees and pensioners has been recommended. Meanwhile, for the benefit of pensioners residing outside the CGHS areas, CGHS should empanel those hospitals which are already empanelled under CS (MA)/ECHS for catering to the medical requirement of these pensioners on a cashless basis. All postal pensioners should be covered under CGHS. All postal dispensaries should be merged with CGHS.
· Pension: The Commission recommends a revised pension formulation for civil employees including CAPF personnel as well as for Defence personnel, who have retired before 01.01.2016. This formulation will bring about parity between past pensioners and current retirees for the same length of service in the pay scale at the time of retirement. The past pensioners shall first be fixed in the Pay Matrix being recommended by the Commission on the basis of Pay Band and Grade Pay at which they retired, at the minimum of the corresponding level in the pay matrix.
· Medical Facilities: Introduction of a Health Insurance Scheme for Central Government employees and pensioners has been recommended. Meanwhile, for the benefit of pensioners residing outside the CGHS areas, CGHS should empanel those hospitals which are already empanelled under CS (MA)/ECHS for catering to the medical requirement of these pensioners on a cashless basis. All postal pensioners should be covered under CGHS. All postal dispensaries should be merged with CGHS.
· Pension: The Commission recommends a revised pension formulation for civil employees including CAPF personnel as well as for Defence personnel, who have retired before 01.01.2016. This formulation will bring about parity between past pensioners and current retirees for the same length of service in the pay scale at the time of retirement. The past pensioners shall first be fixed in the Pay Matrix being recommended by the Commission on the basis of Pay Band and Grade Pay at which they retired, at the minimum of the corresponding level in the pay matrix.
This amount shall be raised to arrive at the notional pay of retirees, by adding number of increments he/she had earned in that level while in service at the rate of 3 percent.In the case of defence forces personnel this amount will include Military Service Pay as admissible. Fifty percent of the total amount so arrived at shall be the new pension. An alternative calculation will be carried out, which will be a multiple of 2.57 times of the current basic pension. The pensioner will get the higher of the two.
· Gratuity: Enhancement in the ceiling of gratuity from the existing ₹10 lakh to ₹20 lakh. The ceiling on gratuity may be raised by 25 percent whenever DA rises by 50%.
· Gratuity: Enhancement in the ceiling of gratuity from the existing ₹10 lakh to ₹20 lakh. The ceiling on gratuity may be raised by 25 percent whenever DA rises by 50%.
November 20, 2015
Dear Mr Sagar,
FICCI 8th ANNUAL HEALTH INSURANCE CONFERENCE – 2015
‘Creating Value through Customer Centricity’
December 9-10, 2015; FICCI, Federation House, New Delhi
I am pleased to share that, Federation of Indian Chambers of Commerce and Industry (FICCI) has actively engaged in bringing in policy and regulatory reforms in the health insurance space though multi-stakeholder engagement over the years. It is in this context, that FICCI is organizing the eighth edition of its much awaited flagshipAnnual Health Insurance Conferences on December 9-10, 2015 at FICCI, New Delhi. The theme for this year’s Conference is ‘Creating Value through Customer Centricity’. Mr. TS Vijayan, Chairman, IRDAI would be inaugurating the Conference as Chief Guest.
The Conference would be based on the three basic principles: ‘NETWORK’ – ‘LEARN’ – ‘GROW’, and would focus on understanding the Customer/ Insurer/ Provider paradigm shift in the emerging digital eco-systems that could disrupt the current practices in the Health Insurance sector. The discussions would revolve around customer needs and expectations and what the industry can do to regain relevance to key stakeholders – namely the Consumer and the Government.
This Conference is indeed a unique platform, bringing together stakeholders including representatives from the government, health insurance industry, healthcare providers, TPA, multi-lateral/bilateral agencies’, government social Health insurance schemes, medical technology companies, health IT etc, both at a national and international level who would discuss, deliberate and share their vision for the health insurance sector. The recommendations emerging out of the discussions are then shared with the government at the highest level.
I am writing to invite you to kindly register yourself/nominate your colleagues for this Conference to benefit from the immense opportunities in terms of knowledge sharing by the Speakers and networking with fellow participants. Please find enclosedtheConference Brochure and Registration Form. Details are also available onwww.ficcihic.com
I look forward to receiving your nominations at the earliest.
Best regards,
Shobha
Shobha Mishra Ghosh
Sr. Director
FICCI
Industry’s Voice for Policy Change
Federation House, Tansen Marg, New Delhi 110 001
T: +91-11-2348 7445
F: +91-11-2332 0714
Sr. Director
FICCI
Industry’s Voice for Policy Change
Federation House, Tansen Marg, New Delhi 110 001
T: +91-11-2348 7445
F: +91-11-2332 0714
Russian airstrikes kill three ISIS field commanders
Islamic State has acknowledged the death of three field commanders as a result of Russian airstrikes in Syria’s Aleppo province, Russia’s General Staff said.
Trends
“The militants have admitted the death of ‘Abu Nurlbagasi’, ‘Muhammad ibn Khayrat’ and ‘Al-Okab’ as a result of Russian airstrikes in the area of Aleppo,” Colonel General Andrey Kartapolov, General Staff spokesman, told journalists Thursday.
Trends
“The militants have admitted the death of ‘Abu Nurlbagasi’, ‘Muhammad ibn Khayrat’ and ‘Al-Okab’ as a result of Russian airstrikes in the area of Aleppo,” Colonel General Andrey Kartapolov, General Staff spokesman, told journalists Thursday.
Militant commander “Ahmad Zia” was eliminated in an airstrike near the Jubb al Ahmar mountain, while another high-ranking terrorist, “Abu Bakr”, was buried on Wednesday after being killed by Russian bombs, he added.
The terrorists are suffering heavy losses in manpower as a result of Russian airstrikes, Kartapolov said.
“In order to conceal the true number of casualties, the evacuation of the dead and wounded militants is carried out in the dark,” the spokesman added. “According to our data, due to heavy losses and the inability to bury all of the eliminated terrorists in accordance with Islamic tradition, the commanders decided to dump the bodies of ordinary militants in sewage pits.”
FC BAYERN YOUTH CUP INDIA 2016
ADIDAS ANNOUNCES FC BAYERN YOUTH CUP INDIA 2016 GIVING THE WINNING TEAM AN OPPORTUNITY TO PLAY AT THE WORLD FINALS IN MUNICH
India, 20th November, 2015 –
Talking about the tournament, Damyant Singh, Senior Marketing Director, adidas India, said, “adidas has a long standing association with FC Bayern Munichand we were keen to have a team from India participate in the FC Bayern Youth Cup World Finals. With such tournaments we want to provide young talented football playersan opportunity to compete with and test their skills in an international environment. During the visit to Munich, the players will also have a chance to interact with the FC Bayern Munichplayers and watch the team’s training sessions, which is a once in a lifetime opportunity. The interaction with the players will surely inspire and encourage the youngsters to continue pursuing their passion for football”.
Paul Breitner, formerFC Bayern Munich player and winner of the 1974 FIFA World Cup with Germany, who will be in India for the national finals said “I am really excited for the tournament to begin and I will be monitoring the progress of the teams. I have always enjoyed watching young footballers develop their skills and I am looking forward to share my knowledge and experience with the young players during the national finals in India”.
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