Govt mulling PF interest rate hike


Govt mulling PF interest rate hike

Bangalore, May 16 (PTI) Union Minister for Labour and Employment M Mallikarjun Kharge today said the government was looking at further hiking the interest rate on Provident Fund from the present 9.5 per cent.

"We are contemplating further increasing the interest rate on Provident Fund from the present 9.5 per cent. The interest rate on EPF (Employees Provident Fund) was increased to 9.5 per cent recently.

"This time also we want to give more to the employees. We are working towards it", he said while inaugurating the Southern Zonal Office of Director General of Mines Safety here.

Kharge also said the Ministry was bringing in 32 amendments to the Mines Safety Act formulated in 1952 wherein a number of stringent steps would be introduced for the safety of mine workers.

"The steps include increasing the penalty for violating mines safety norms from Rs 1,000 to Rs 1 lakh.

Source: PTI

: Level ‘A’ Training Programme at ISTM for U.D.Cs with 5 years’ approved service in the grade (06/06/2011 to 01/07/2011)


Most Immediate
No.08/02/2011-CS.I(Trg)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel & Training
CS.I Training

Lok Nayak Bhawan, New Delhi
Dated the 16th May, 2011

OFFICE MEMORANDUM

Subject: Level ‘A’ Training Programme at ISTM for U.D.Cs with 5 years’ approved service in the grade (06/06/2011 to 01/07/2011).

The undersigned is directed to inform that UDCs, whose names are given in Annexure I, have been nominated for the Level ‘A’ Training Programme conducted by ISTM w.e.f. 06/06/2011 to 01/07/2011. It is requested that these officials may be relieved of their duties, subject to vigilance clearance and advised to report to Shri AJK Menon, Assistant Director(Co-ordinator) ISTM, Administrative Block, JNU Campus (Old), New Delhi-110067 at 9 A.M. on 6th June. 2011.

2. The performance of the officials in the training, as evaluated and reported by 1STM thereof, may be added in their APARs. No request for withdrawal of nomination either from the Ministry/Department or the officer concerned shall be entertained by this Department or the Institute. As the training of the officials and successful completion is necessary for promotion / regularization, the Cadre Units are requested to ensure that the officials nominated to the above programme are relieved in time.

3. As the aforesaid training includes study tour, officers nominated above may be advised to draw necessary TA/DA advance of Rs. 12,000/- each from their respective Ministry/Department. This amount may be released in Cash only.

4. Confirmation with regard to the participation of the officials along with their respective bio-data (Annexure-II) may please be sent by 25th May, 2011 to Shri AJK Menon, Assistant Director (Co-ordinator), ISTM, New Delhi, with a copy to the undersigned. Shri AJK Menon, Assistant Director(Co-ordinator) ISTM is accessible on phone No.26165593 (0).

sd/-

( Vidyadhar Jha )
Under Secretary to the Government of India
Source: www.persmin.gov.in

CAT to Railways:Pay family pension, death gratuity


CAT to Railways:Pay family pension, death gratuity

Chennai, Apr 30 (PTI) The Central Administrative Tribunal has given an interim order directing the Railways to pay gratuity and family pension to the families of those employees who died after joining service on or after January 1, 2004.

It also directed payment of extraordinary pension or invalid pension to all employees who joined service on or after that date.

The Madras Bench of the CAT, comprising members K Elango and R Satapathy, gave the order following applications filed by Dakshin Railway Employees Union and a Southern Railway employee challenging the new pension scheme which has withdrawn the defined pension, family pension, invalid pension, gratuity and PF hitherto available to all Railway employees.

The Union represents Group C and D employees of Southern Railway Under the Ministry of Railways.

pti

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