Wednesday 7 November 2012

Expected DA upto 81% from January, 2013 on September, 2012 AICPI-IW index

Expectation of future Dearness Allowance from January, 2013 on the basis of 2 points jump in CPI-IW for the month of August, 2012 and 1 point jump in September, 2012 giving expectation for DA  80% or more from January 2013.
All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for September, 2012 showing increase in 1 point and stood at 215 (Two hundred and fifteen).

Expectation-1
 If we expect only 1 point increase in this index for every month the Dearness Allowance for Central Government Employee will touch 80% in January, 2013.  In view of increased LPG & Diesel price etc. we expect more monthly increase in Index and similarly in future DA.  Please go through the following calculation:-
Expected Dearness Allowance DA for Jan, 2013 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76

Month
Base Year 2001 = 100
Total of 12 Months
TwelvemonthlyAverage
% increase over 115.76 for   DA
DAannouncedor will beannounced
Dec-11
197
2298
191.50
65.43%
65%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
206
2376
198.00
71.04%
Jun-12
208
2395
199.58
72.41%
Jul-12
212
2414
201.17
73.78%
Aug-12
214
2434
202.83
75.22%
80%
Sep-12
215
2452
204.33
76.51%
Oct-12
216
2470
205.83
77.81%
Nov-12
217
2488
207.33
79.11%
Dec-12
218
2509
209.08
80.62%
Jan-13
Expected DA from January, 2013

Expectation-2


 If we expect 2 point increase in this index for every month the Dearness Allowance for Central Government Employee will exceed 80% in January, 2013.  In view of increased LPG & Diesel price etc. we expect more monthly increase in Index and similarly in future DA.  Please go through the following calculation:-

Expected Dearness Allowance DA for Jan, 2013 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76

Aug-12
214
2434
202.83
75.22%
81%
Sep-12
215
2452
204.33
76.51%
Oct-12
217
2471
205.92
77.88%
Nov-12
219
2491
207.58
79.32%
Dec-12
222
2516
209.67
81.12%
Jan-13
Expected DA from January, 2013

Hence, it is also clear that expectation of increase in DA from January, 2013 will not cross 9%.

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]


PIB Release:

Ministry of Labour & Employment 31-October, 2012 
Consumer Price Index Numbers for Industrial Workers (CPI-IW) September 2012

The All-India CPI-IW for September, 2012 rose by 1 point and pegged at 215 (two hundred and fifteen). On 1-month percentage change, it increased by 0.47 per cent between August and September compared with 1.55 per cent between the same two months a year ago. 
The largest upward contribution to the change in current index came from food items which increased by 0.87 per cent, contributing 0.68 percentage points to the total change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Grinding Charges, Arhar Dal, Eggs-Hen, Fish Fresh, Goat Meat, Milk-Buffalo, Tea (readymade), etc. Miscellaneous items like Electricity Charges, Fire wood, Medicine (Allopathic), etc. also put upward pressure in total change. 
The largest downward contribution to the change in current index came from Vegetables and Fruits with a decline of 4.38 per cent, contributing (-) 0.67 percentage points to the total change. The main downward pressure came from Tomato, Chilies-Green Apple & Banana. 
The year-on-year inflation measured by monthly CPI-IW stood at 9.14 per cent for September, 2012 as compared to 10.31 per cent for the previous month and 10.06 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.00 per cent against 12.20 per cent of the previous month and 8.29 per cent during the corresponding month of the previous year. 
At centre level, Chhindwara recorded the largest increase of 8 points followed by Jalpaiguri and Ranchi Hatia (7 points each), Nasik (5 points) and Jharia (4 points). Among others, 12 centres registered a rise of 3 points followed by 2 points in 16 centres and 1 point in 22 centres. Giridih centre reported a decline of 3 points followed by Bhilwara with 2 points and other 7 centres registered a fall of 1 point each. Rest of the 14 centres’ indices remained stationary.
The indices of 40 centres are above All-India Index and other 37 centres’ indices are below national average. Ghaziabad’s index remained at par with all-India index. 
The next index of CPI-IW for the month of October, 2012 will be released on Wednesday, November 30, 2012. 

*****

Nomination of Area Welfare Officers for the calendar years 2013 and 2014 regarding

MOST IMMEDIATE
No. 32/1/2012-Welfare
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel & Training
(Welfare Section)
Lok Nayak Bhavan,
Khan Market, New Delhi.
Dated the 15th October, 2012.
OFFICE MEMORANDUM
Subject: Nomination of Area Welfare Officers for the calendar years 2013 and 2014 regarding.
The Department of Personnel & Training nominates Gazetted Officers as Area Welfare Officers (AWOs) for residential colonies to look after the welfare of Central Govt. employees and their families Area Welfare Officer is only a functional arrangement to provide a link between the Central Government employees residing in various colonies and the concerned civic and other agencies providing service to them. A list of functions of Area Welfare Officer is enclosed. The functions of AWOs are official in nature and are performed by them on honorary and voluntary basis. Only those officers who are willing to function as Area Welfare Officer and can spare time for welfare work will be considered for nomination. The Area Welfare Officers serve as a vital link between the Government and residents in various matters relating to the welfare of Government employees residing in various colonies.

2. The tenure of the Area Welfare Officers shall be for a period of two years (commencing from 1.1.2013) or till the services are required by the Govt. whichever is earlier. The Area Welfare Officers are entitled to use office stationery and service postage stamps etc. for discharging their duties as AWO. They are allowed to leave office, with prior permission, for meeting the civic/policy authorities for solving the problems of the residents of their localities.
3. The applicant should not be an office bearer of Central Government employees or any other Residents Welfare Association. Further, officers seeking appointment as AWO should preferably have a residential telephone. No telephone / reimbursement of Telephone rent, facility will be available to AWO nominated by DOPT.
4. Applications from those officers, who are willing to work in honorary and voluntary capacity, as Area Welfare Officers duly recommended by the Department/administrative authority concerned may be forwarded and must reach the undersigned within 45 daysfrom the date of issue of this O.M.A. Format for application is also enclosed. 
sd/-
(Rajiv Rai)
Director (Welfare)
ANNEXURE-I
FUNCTIONS OF AREA WELFARE OFFICER
1. To function as coordinating officer between the CGHS Dispensary and its beneficiaries regarding complaints from either side.
2. To attend to all emergency hospital work like help in expeditious hospitalisation of serious cases, attending to complaints regarding hospital care, etc,
3. To serve on the CGHS Area Advisory Committee for considering suggestions for the improvement of service and facilities.
4. To act as liaison officer for Community Hall and look to its proper functioning and improvement.
5. To act as liaison officer between the Ministry of Personnel., PG and Pensions and the local Association in all matters and disputes and to mediate in election disputes at the request of the parties.
6. To investigate all cases of neighbourly disputes referred to him by the Depit of Personnel and furnish report on the basis of which action- can be taken by the Directorate of Estates for shifting the erring party to another locality.
7. To act as liaison officer between the Associations and Municipal authorities in all Companies regarding civic services, water electricity, Street lighting, drainage, bus service, sanitary service and vaccination and inoculation services.
8. To act as liaison officer with local police authorities regarding any incident in the locality involving law and order.
9. To act as liaison officer with the Education Directorate regarding complaints about school timing, admission, etc.
10. To act as liaison officer between the Co-operative consumer store and the beneficiaries in the area.
11, To act as liaison officer between CPWD authorities and the allottees regarding Complaints lodged with the CPWD Enquiry office for their speedy disposal.
12. To keep in touch with all the social and cultural bodies in the area.
13. To act as liaison officer with all activities of Grih Kalyan Kendra in the area including ‘Creche’.
14. To act as liaison officer between the colony and the Central Secretariat Spoils Control Board in all activities of the Board.
15. To mediate in family dispute to bring about harmony in the home life in the Context of Home Ministry circular for maintaining the wife in a reasonable comfort and matter relating to notation of monograncy.
16. To assist and cooperate in campaigns and measures such as vaccination in Oculation blood donation family planning etc., launched by the Ministry of Health and Family Planning.
Note: The above list is only illustrative and not exhaustive.
ANNEXURE-III
GUIDELINES / CRITERIA FOR SELECTION 0F AREA WELFARE OFFICERS
1. The tenure of Area Welfare Officers shall be for Iwo years from the date of appointment or till their services ere required by the Government whichever is earlier. However, if there is no other candidate for the area, the old AWO, if he has applied afresh, should be allowed to continue for anothher term.
2. He should be a gazetted officer.
3. The Residents Welfare Association should not be allowed lo nominate any name for AWOs.
4 He must be a resident of the area for which he is the applicant and the area (including the adjacent areas) should have at least 300 Govt. employees residing in that area(s).
5. The officer applying should not be an office bearer of Central Government employee or any other Residents Welfare Association.
6. He should not be retiring within 2 years of his appointment as AWO i.e. he should serve for full term of two years as AWO. 
7. He should possess sound health to undertake the job in question.
8. Preference should be given to those, who have telephones at their residences.
9. He should not be a controversial person.
Source: www.persmin.nic.in

CAPTURING OF TIME OF DELIVERY IN RESPECT OF EMS ARTICLE


LIC in favour of distribution tie-up with postal dept

Life Insurance Corporation of India is in favour of having a distribution tie-up with the Indian Postal Department, which has plans in the insurance sector of its own.
Efforts are underway to enable the Indian Postal Department to enter the insurance market and compete with existing players, currently dominated by LIC.
“They (the postal department) have a huge network. It will be prudent to have some kind of distribution synergy between the department and LIC. We are in favour of such a synergy,” D.K. Mehrotra, Chairman, told Business Line on the sidelines of the inauguration of the All India LIC Games here today.
The Government has launched an initiative to pave the way for over 1.5 lakh post offices in the country to offer full-fledged banking and insurance services.
Postal Life Insurance is also setting up a full-fledged investment division for generating optimal returns.
Vision 2020
 
Mehrotra said LIC’s newly chalked out Vision 2020 to have every Indian backed by a LIC policy was a “daunting task”, but the company was making all out efforts to achieve this.
He said different groups have been set up to draw up a roadmap for this vision, including branch expansion, recruitment and launching of new products.
In this context, he said the company would come out with its second and third online products.
“We have one online product and we will come out with two more in the next two or three months. While the first one is in the pension category, the two new ones will be simple endowment-related products. We do not want to put any complex products online yet,” he said.
Admitting that the insurance industry faced a challenging period in the first half of the fiscal, Mehrotra said the second half would see a turnaround of sorts.
He expects the industry and LIC to end the year with a 10 per cent growth. 
Source : The Hindu Business Line

Transfer to lower post under FR 15(a).

To Views Department of Personnel and Training OM No.16/4/20 I 2-Pay-1 dated 5th November, 2012 please Click here.
--------------------------------------------------------------------------------------------------------------


Dopt orders regarding transfer to lower post under FR 15(a)

Dopt has issued one more clarification order pertaining to that the fixation of pay in case of employees who seek transfer to a lower post under FR 15(a) today on its official website...
16/4/2012-Pay-I
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training 
New Delhi, 5th Nov, 2012
OFFICE MEMORANDUM
Subject: Transfer to lower post under FR 15(a).
The undersigned is directed to refer to this Deparment’s OM No.16/6/2001-Estt (Pay-I) dated the 14th February, 2006, read with OM of even number dated the 4th Januanry, 2007, which clarified that on transfer to the lower post/scale under FR 15(a), the pay of a Government servant holding a post on regular basis will be fixed at a stage equal to the pay drawn by him in the higher grade. If no such stage is available, the pay will be fixed at the stage next below the pay drawn by him in the higher post and the difference may be granted as personal pay to be absorbed in future increments. If the maximum of the pay scale of the lower post is less than the pay drawn by him in the higher post, his pay may be restricted to the maximum under FR
22(1)(a)(3).

2. Further, it was clarified vide the OM No. No.13/9/2009-Estt (Pay-I) dated the 21st October, 2009 that consequent upon implementation of the revised pay structure comprising grade pays and running Pay Bands, w.e.f. 1.1.2006 in cases of appointment of Government servants to posts carrying lower Grade Pay under FR 15(a) on their own request, the pay in the pay band of the Government servant will be fixed at a stage equal to the pay in the pay band drawn by him prior to his appointment against the lower post. However, he will be granted grade pay of lower post. Further, in all cases, he will continue to draw his increments based on his pay in the pay band + grade pay (lower).
3. The above office Memorandum also provides that in case the transfer to a lower post was made subject to certain terms and conditions then the pay may be fixed according to such terms and conditions.
4. All Ministries/Departments are requested to revise the Terms/Conditions of
 such transfers in line with the para 2 above
sd/-
(Mukesh Chaturvedi)
Deputy Secretary to the Government of India
Source : www.persmin.nic.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02est/16_4_2012-Pay-1-05112012.pdf]

Savings Interest Calculator Updated


 Savings Interest Calculator  : Download