Latest News

  • Home
  • National
  • Demonetisation to pave way for higher allowances for central government employees?
Demonetisation to pave way for higher allowances for central government employees?
Friday, January 6, 2017 IST
Demonetisation to pave way for higher allowances for central government employees?

Demonetisation to pave way for higher allowances for central government employees?

New Delhi: Central government workers looking for higher remittances under seventh Pay Commission are sticking trust on government climbing their stipends once the clean settles on demonetisaion.

According to a site staffnews.in, focal government workers feel that Finance Ministry is "better set now after demonetisation to choose raising stipends as suggested by the seventh Pay Commission".

"The workers are trusting that with the expanded assets stream post demonetisation, government s better set to meet the requests of govt representatives. As has been apparently before, the second absolution conspire for assessment defaulters – Pradhan Mantri Garib Kalyan Yojana, 2016 – evaluated to net the Modi government a considerable sum, the money related outgo of Rs 1,02,100 crore no longer is by all accounts an obstacle", said the site .

As indicated by Bank of America Merrill Lynch (BofA-ML), other than containing the monetary shortfall, the extra expenses under the IDS II would subsidize the seventh Pay Commission and in addition recapitalise PSU banks without reducing open capex.

The government  is relied upon to raise Rs 1,00,000 crore of extra duties under the Income Disclosure Scheme II (IDS II), which thus will help in containing the 2017-18 financial shortfall, said the report.

The government on December 16, had reported that the second Income Disclosure Scheme (IDS II) will keep running till March 31. Under this plan, dark cash hoarders would have time until March-end to confess all by paying 50 percent assess on bank stores of trashed monetary forms post demonetisation.

The government workers likewise trust that their requests may come through after the Budget 2017-18 in February.

They are trusting the government will rapidly proceed onward the issue that includes around 47 lakh Central government workers and 53 lakh retired people, of which 14 lakh representatives and 18 lakh beneficiaries are from the protection strengths.

National Council of the Joint Consultative Machinery (JCM) has additionally asked for an early redressal of the issue.

"Just about four months have gone (since September 1, 2016 meeting) with no result. All the Central Government Employees are very fomented and also are having mental desolation since stipends of the VII CPC, have not been actualized. You are in this manner, asked for to repair a meeting of the Committee on Allowances, at a most punctual to determine the issues set in the update of the Staff Side(JCM) on different remittances," said Shiv Gopal Mishra, Secretary, Staff Side in a note kept in touch with Finance Ministry.

The seventh Pay Commission had analyzed 196 remittances and gave its suggestions on canceling or raising some of them, and prescribing others to be subsumed with different advantages. It had proposed 138.71 percent climb in HRA and 49.79 percent for different stipends, while presenting its voluminous report in November 2015.

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
Here is the full list of 827 porn websites banned by the DoT

While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content. ...

Recently posted . 62K views . 1 min read
 

 Article
Class XII Boys Raped 16-Year-old in Dehradun School After Watching Porn on Phone: Police

The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...

Recently posted . 9K views . 1 min read
 

 Article
Sept 27,2001 Rahul Gandhi and his girl friend Veronique,was arrested in Logan airport in Boston

Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million. Rahul and his girl friend was th...

Recently posted . 8K views . 7 min read
 

 Article
TOP 10 GYM EQUIPMENT BRANDS IN INDIA 2017

True – Tr...

Recently posted . 7K views . 83 min read
 

 
 

More in National

 Article
PM Modi, Amit Shah To Launch BJP Manifesto, Sankalp Patra, Today

BJP manifesto 2019: With the Congress manifesto putting major thrust on welfare measures, the BJP is likely to announce a slew of promises to woo different sections...

Recently posted. 537 views . 1 min read
 

 Article
Apple executive's murder in Lucknow: Adityanath's 'thok denge' approach as culpable as 'rogue cop' Chaudhary

The country has been shocked and outraged at the cold-blooded murder of Apple executive Vivek Tiwari in Lucknow in the wee hours of Saturday. Two police constable...

Recently posted. 778 views . 4 min read
 

 Article
If Indians Cycle To Work Every Day, We Can Save Up To $255 Bn Each Year. And Be Healthy Too!

Here's your resolution for 2019 - leave your personal vehicles at home and cycle to work. Also, it's not a bad idea to be healthy and pedal the nation&rsq...

Recently posted. 619 views . 1 min read
 

 Photo
Fascinating facts about India



Recently posted . 1K views
 

 Article
Mission New India: How Modi government can achieve this goal

Narendra Modi government has been elected for the second time in a row with a massive mandate.

Recently posted. 601 views . 0 min read
 

 Article
1 Rupee Coin From 1885 Fetches 10 Crore Rupees On Online Auction

If you are fond of old coins and currency and have it placed, you can also get such an opportunity.  

Recently posted. 667 views . 0 min read
 

 
 
 

   Prashnavali

  Thought of the Day

“What you think, you become. What you feel, you attract. What you imagine, you create.”
Anonymous

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top