50 Paise Coins to be Minimum Denomination Coin... Finance Ministry

50 Paise Coins to be Minimum Denomination Coin Acceptable for Transaction from June 30, 2011
Government Calls in from Circulation Coins of Denomination of 25 Paise and below

The Central Government, Ministry of Finance has notified on December 20, 2010 to call in from circulation the coins of denomination of 25 paise and below, issued from time to time, with effect from June 30, 2011. From this date, these coins shall cease to be a legal tender for payment as well as on account. The procedure for call in shall be notified separately by the Reserve Bank of India.

Consequently, from June 30, 2011 onwards these coins will not be accepted in transactions. The minimum denomination coin acceptable for transaction will be 50 paise from that date. Also, in accounting, i.e. the entries in books of accounts, pricing of products/services/taxes shall also be rounded off to 50 paise or whole rupee from that date.

The notification was issued in exercise of the powers conferred by sub-section 15A of the Coinage Act, 1906 (3 of 1906).

Source: PIB

Pension scheme for cine outdoor unit members in Kerala

Pension scheme for cine outdoor unit members in Kerala

Thiruvananthapuram, Dec 31 (PTI) Kerala Cine Outdoor Unit Workers Union will introduce a pension package for its senior members under its 'Samraksha' Workers Welfare Fund, a FEFKA functionary said today.

The scheme would be officially launched tomorrow by state Culture Minister M A Baby, said B Unnikrishnan, General Secretary of Film Employees Federation of Kerala (FEFKA).

FEFKA had asked all its 16 affiliated unions to formulate such welfare schemes for their members.

Under the pension scheme, those retiring from the field on completion of 60 years and after a service of 20 years would get Rs 50000 lumpsum amount and Rs 3000 monthly pension.

Unnikrishnan said all the 16 unions would introduce similar schemes before the end of next year, he said.

Source: PTI

DNA profiling of Army personnel to begin soon

DNA profiling of Army personnel to begin soon

The Indian Army will start DNA profiling of its soldiers this year for their identification in case of mutilation of bodies during an operation, attack or mishap.

"We will begin DNA profiling of soldiers from this year as the profiling centre and data bank are almost ready," Lieutenant General Naresh Kumar, Commandant of Army Hospital Research and Referral, a news agency.

Being set up at the Department of Forensic Medicine in Armed Forces Medical College, Pune, the centre will collect the blood samples of the troops who are involved in hazardous tasks including fighting militancy and store them in a DNA data bank.

The DNA profiling centre is being established to help in identification of bodies mutilated beyond recognition.

"Now that this centre and DNA data bank are almost ready to take off, we will be able to easily recognise the mutilated dead bodies that we get during war time, from an episode of avalanches or from blast sites.”

"In such situations, we sometimes end up getting just a body part making it difficult for us to identify the jawan we lost and even to conclude the number of casualties that have occurred in such episodes," Major General Mandeep Singh, ADG, Medical Research, Armed Forces Medical Services, said.

"We are contemplating introducing the DNA profiling for our fresh recruits. But first we will try its efficacy with a sample population in Pune," Major General Singh said.

He said, "We lost many of our people in the Kashmir ammunition depot blast in 2007. Recognition of the bodies was a difficult task because the blast tore them apart. We got body pieces. If we had a data bank, recognising the dead would have been easier."

The need for DNA profiling was felt in the United States after the 9/11 attacks.
With regard to the US military, all enlisted and commissioned military personnel must provide blood samples which are preserved on special blood spot cards that are then stored, as the modern 'dog tags', for use in the event of an individual being killed, injured or missing in action, according to a Harvard Medical College paper.

The blood spot cards provide a source of a reference DNA sample to be used in identification of "the unknown soldier", or as in the case of the 9/11 Pentagon attack, to return the remains of the victims to their families.

Source: DDI News

Retirement age fixation is Govt's sole discretion: SC

Retirement age fixation is Govt's sole discretion: SC

Age of superannuation can be reduced or increased unilaterally at the discretion of the Government and courts cannot interfere with such decisions, the Supreme Court has ruled.

A three judge bench of Justices - J M Panchal, Deepak Verma and B Chauhan in a judgement quashed the interim orders of the Allahabad High Court which had directed the Mayawati Government to restore 62 years as the age of superannuation for Government pleaders (advocates).

The apex court agreed with the Government's view that fixing the age falls within the exclusive competence of the State authorities,and thus,the court should not interfere in such policy decisions,unless it was patently unconstitutional.

Citing the Constitutional Bench judgements in the Bishun Narain Misra vs the State of Uttar Pradesh (1965) case, the apex court said reducing the age of retirement could neither be invalid nor could be held to be retrospective as the said rule was a method adopted to tide over the difficult situation which could arise in public services.

"It is evident that even in government services where the terms and conditions of service are governed by the statutory provisions, the Legislature is competent to enhance or reduce the age of superannuation".

"In view of the above, it is beyond our imaginations as why such a course is not permissible for the appellant - State while fixing the age of working of the District Government Advocates," the bench observed.

In the instant case the High Court had stayed the operation of amended provisions of the U.P. Legal Remembrancer Manual (L R Manual) which sought to reduce the retirement age from 62 to 60 years.

It had further directed the State Government to consider the applications for renewal of the all District Government Counsel whose term had already expired, resorting to the unamended provisions of the L.R. Manual and they be allowed to serve till they attain the age upto 62 years.

The High Court under no circumstance could direct the State authorities to consider the cases for renewal/extension under the provisions of the unamended L.R. i.e. non-existing provisions.

Such interim order tantamounts to legislation by judicial orders,"Justice Chauhan writing the judgement observed. The apex court also recalled its earlier ruling in the Roshan Lal Tandon v. Union of India & Ors(1967)that emoluments of Government servants and terms of service".

"could be altered by the employer unilaterally for the reason that conditions of service are governed by statutory rules which can be unilaterally altered by the Government without the consent of the employee."

Source: DDI News

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of November, 2010

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of November, 2010

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of November, 2010 increased by 1 point and stood at 182 (one hundred and eighty two).

During November, 2010, the index recorded an increase of 6 points each in Siliguri, Jamshedpur, Tiruchirapally and Bhilai centres, 5 points each in Giridih, Coimbatore, Mariani Jorhat, Rourkela and Selam centres, 4 points in 4 centres, 3 points in 6 centres, 2 points in 13 centres and 1 point in 17 centres. The index decreased by 4 points in Ghaziabad centre, 2 points in Agra centre, 1 point in 11 centres, while in the remaining 16 centres the index remained stationary.

The maximum increase of 6 points each in Siliguri, Jamshedpur, Tiruchirapally and Bhilai centres is mainly on account of increase in the prices of Rice, Goat Meat, Onion, Vegetable & Fruit items, Firewood, etc. The increase of 5 points each in Giridih, Coimbatore, Mariani Jorhat, Rourkela and Selam centres is due to increase in the prices of Rice, Mustard Oil, Goat Meat, Eggs (Hen), Onion, Vegetable & Fruit items etc. However, the decrease of 4 points in Ghaziabad centre is due to decrease in the prices of Arhar Dal, Vegetable items, etc. and the decrease of 2 points in Agra centre is due to decrease in the prices of Urd Dal, Moong Dal, Vegetable items, etc.

The indices in respect of the six major centres are as follows :

1. Ahmedabad - 180

2. Bangalore - 183

3. Chennai - 165

4. Delhi - 168

5. Kolkata - 177

6. Mumbai - 182

The All-India (General) point to point rate of inflation for the month of November, 2010 is 8.33% as compared to 9.70% in October, 2010. Inflation based on Food Index is 5.35% in November, 2010 as compared to 7.73% in October, 2010.

Source: PIB



Expected DA from Jan 2011

The central government employees received 10% DA in addition to 35% earlier,which now stands at 45%.They got the payment as two months arrears for July and August.The DA for September was calculated in their regular monthly payments.Through this hike employees got an increase of Rs700 to Rs900 in their monthly salaries. There was no such increase before this.Let us see some of the reasons.

The main reason behind announcing DA is due to the increase of prices in essential commodities.’Labour Bureau’-which is under the central government takes the statistics of the prices of essential commodities in selected cities and this process is known as AICPIN -i.e.- All India Consumer Price Index. DA is calculated only as per the AICPIN.

Regarding the next instalment of DA which is to be announced from Jan 2011,numerous speculations are pouring in.The DA percentage will be calculated as per the AICPIN from September 2010 to December 2010.Suppose the AICPIN stands at 179 points or more,there are chances of getting 50% DA from Jan 2011.

Any way let us assume that the DA will surely cross the 50% which will enable increases in some allowances.

Children Education Allowance,Child Care Allowance,Washing Allowance,Cycle Allowance,Cash Handling Allowance,Conveyance Allowance,Split Duty Allowance will also be increased.

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