Central Government Employees News

7th Pay Commission: Cabinet postpones meet, here is what happens next on allowances and HRA The Union Cabinet has fixed a new date to take up the issue relating to higher allowances and HRA as per the 7th Pay Commission. Sources told OneIndia that the matter was not taken up on Wednesday by the Cabinet. Now the agenda will be set following which the matter will be taken up for final consideration. A Union leader who did not wished to be named said that the matter will be taken up soon by the Cabinet. Source:  oneindia.com

DA for Bankers from May to July 2017 as per 10th BPS/Joint Note dated 25.5.2015 Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 2017 under X BPS/ Joint Note dated 25.5.2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/76/D/2017-18/2625 April 29, 2017 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 2017 under X BPS/ Joint Note dated 25.5.2015 The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended March 2017 are as follows:- January 2017 – 6254.30 February 2017 – 6254.30 March 2017 – 6277.12 The average CPI of the above is 6261.91 and accordingly the number of DA slabs are 456(66261.91-4440=1821.91/4=456 slabs). The last quarterly Payment of DA was at 469 Slabs. Hence there is a decrease in DA slabs of 13, i.e., 4...