PM Modi Says Rs. 500 And Rs. 1,000 Notes Being Discontinued

Prime Minister Narendra Modi is addressing the country tonight, delivering a speech first in Hindi and then English.

The PM met a few hours ago with all three military chiefs amid major ceasefire violations by Pakistan in Jammu and Kashmir.

Here are the highlights from his address:

1. Some important decisions and some serious issues to share.

2. When you elected this government in 2014, world was talking about India being shaky economically. But India is now an economic star - this is what IMF and World Bank are saying.

3. Sab ka sarkaar, sab ka vikas - governance and progress for all is our motto. We are focused on empowerment of the poor. A series of schemes we have introduced all aim at this. This is a government for our farmers.

4. Corruption and black money are diseases rooted in this country, they are obstacles to our success.

5. We are among fastest-growing economies, but we also rank so high in global corruption rankings.

Terror strikes at the innocent. Who funds these terrorists? Across the border, our enemy uses fake currency and dodgy funds to sponsor terror - this has been proven repeatedly.

6. Terror strikes at the innocent. Who funds these terrorists? Across the border, our enemy uses fake currency and dodgy funds to sponsor terror - this has been proven repeatedly.

7. Our measures to check black money are paying off. A voluntary disclosure scheme for undeclared money saw a good response. A Special Investigating Team is making progress to identify who has sent money abroad.

8. 1.25 lakh crores of black money has been recovered.

We need to take a new solid step to fight black money. From now on, Rs. 500 and Rs. 1000 notes will not be used. Have 50 days to turn them into banks and post offices.

9. On November 9 and in some places on November 10, ATMs will not work.

10. Respite for people for the initial 72 hours, government hospitals will accept old Rs. 500 and 1000 notes till 11 November midnight.

11. Petrol pumps and retail outlets will have to keep every single entry of cash transaction with 500 and 1000 notes till November 11.

12. Crematoriums and cemeteries will also be allowed to transact 500 and 1000 notes till November 11.

13. There will be no change in any other form of currency exchange be it cheque, DD, payment via credit or debit cards etc.

14. Those unable to deposit Rs. 1000, Rs. 500 notes by December 30 for some reason, can change them till March 31, 2017 by furnishing ID proof

15. Notes of Rs. 2000 and Rs. 500 will be circulated soon, RBI has decided to limit the notes with higher value

From midnight today 08.11.2016 the existing 500 and 1000 currency notes will not be accepeted as legal tender

From midnight today the existing 500 and 1000 currency notes will not be accepeted as legal tender   Prime Minister Narendra Modi is addressing the nation. 

Highlights of PM Modi's address to the nation - 

# Rs 500 & Rs 1000 currency notes will not be legal tender from midnight tonight. 

# You have a time period of 50 days to submit your currency notes of 500 and 1000 in the nearest post offices & you needn't rush for this. 

# Old Rs 500 and Rs 1000 notes can be deposited in any bank or Post Office from November 10 to December 31.

# Process of cash circulation is directly related to corruption impacting lower classes of our society. 

# Corruption, fake currency and terrorism are festering wounds and holding back the economy.

# Black money, corruption make the nation hollow from inside.

# In the last two-and-half years, at least Rs 1.25 lakh crore worth black money has been recovered.

# In all our policies, we are dedicated for the upliftment of entire society.

# Our govt is committed towards the empowerment of poor and all our schemes are designed in accordance to that.

# Corruption and black money is something we have fought for immediately after assuming office.

# There is a time when you realise that you have bring some changes in society, and this is our time to feel the same.

# In all our policies, we are dedicated for the upliftment of entire society.

# Bhrashtachar ki beemari ko kuch varg vishesh ke logon ne apne swarth ke kaaran faila rakha hai.

# With the help of the citizens of India, India has emerged as a bright spot in world economy.

# I will share some important issues and decisions.

# This Govt is dedicated to the poor, and will continue to do so: PM

# With the support of 1.25 billion people, India has emerged as a shining star in the global economy.

# India has registered itself as a bright spot, and this claim is not made by us, but by IMF and World Bank. 

#This Govt is dedicated to the poor, and will continue to do so 

#India has registered itself as a bright spot, and its not that this is a claim made by us, but by IMF and World Bank 

Earlier on Tuesday, Prime Minister Narendra Modi reviewed the security situation with Chiefs of Army, Navy and Vice Chief of Air Force in New Delhi amid continuing Pakistani shelling along the border in Jammu and Kashmir.

National Security Adviser Ajit Doval was also present at the meeting, officials said.

During the meeting, the Prime Minister is understood to have taken stock of the situation along the Line of Control (LoC) and International Border where Pakistan has been regularly shelling military posts as well as civilian areas.

Army Chief Gen Dalbir Singh Suhag is believed to have briefed Modi on the situation and how the forces are handling the Pakistani provocation.

Significantly, the meeting came on a day when one more jawan was killed in Pakistani shelling in Jammu and Kashmir. 

(With inputs from PTI)⁠⁠⁠⁠

Computer Advance amount increased to 50,000/- and maximum five times in the entire service

“Rs.50,000 or actual price of PC, whichever is lower. The computer advance will be allowed maximum five times in the entire service.”

“Motor Car Advance and Motorcycle / Scooter Moped Advance will stand discontinued”

Grant of advances – Seventh Pay Commission recommendations – Amendment to Rules 21(5) of Compendium of Rules on Advances to Government Servants

No.12(1)/E.II(A)/2016

Government of India

Ministry of Finance

Department of Expenditure

New Delhi, 7th October, 2016

OFFICE MEMORANDUM

Subject: Grant of advances – Seventh Pay Commission recommendations – Amendment to Rules 21(5) of Compendium of Rules on Advances to Government Servants.

The undersigned is directed to say that in of the decision taken by the Government on the Seventh Pay Commission’s recommendations relating to advances, the existing provisions of Compendium of Rules on Advances – 21(5) relating to Personal Computer Advance are amended as per the amendments attached.

2. These orders will take effect from the date of issue of this O.M. The cases where the advances have already been sanctioned need not be reopened.

3. The other interest bearing advances relating to Motor Car Advance and Motorcycle / Scooter Moped Advance will stand discontinued.

4. In so far as persons serving in Indian Audit and Accounts Department are concerned, these orders issue in consultation with the Comptroller and Auditor General of India.

5. All Ministries/Departments are requested to bring the amendments to the notice of all

its attached and subordinate offices for their information.

Hindi version of this O.M. is enclosed.

sd/-

(Pankaj Hazarika)

Director, E.II(A)

AMENDMENTS TO COMPENDIUM OF RULES ON ADVANCES TO GOVERNMENT SERVANTS, 2005

CONDITIONS OF GRANT OF COMPUTER ADVANCE:

Rule21(5)
Advance : Personal Computer Advance
Quantum : Rs.50000 or actual price of PC, whichever is lower
Eligibility Criteria : All government employees

(ii) The computer advance will be allowed maximum five times in the entire service.

Authority: www.finmin.nic.in

OTA revised & increased !!!!!!!!!

MEETING ON ALLOWANCES

A meeting on Department of Posts specific allowances was held with the Committee on allowances under chairmanship of Secretary Finance and secretary Expenditure. From Department of Post, Secretary (Post), Member (Personal), DDG (Personal), DDG (Estates) , DDG(Estt. & SR), Director Estt. attended the meeting. From Staff Side Com. R.N. Parashar, Secretary General NFPE,Shri Theagarajan, Secretary General FNPO & Shri S.K. Mishra , Secretary General, BPEF, participated in the  meeting. Many other officers of DOP&T, Finance, Health Ministries also participated.                                                                 

           

Three meetings were held with Department and Administration and Unions after discussing threadbare came to conclusion and accordingly presentation was prepared which was presented before the Committee. Secretary (Finance) shown much interest and he asked so many questions and raised queries on each allowance and asked the Department to submit a report on financial implications.

The meeting was concluded in a very co-ordial manner and we should hope for positive outcome. On the following allowances we submitted our proposal which is mentioned below:

          Fixed Monetary Compensation to Postman:

            Proposal: Not to abolish the allowance. It is proposed to grant Rs.300/- per day for additional full beat and Rs.150/-  per day for sharing of beat(half beat) and further proposed to increase by 25% every time when DA  reaches at    50%.(Department earlier proposed that allowance as Rs.200/- and Rs.100/-         but on the demand of Federations, now it is proposed  same as Rs.300/- and   Rs.150/-.

          Special Allowance to PO & RMS Accountants:

            Proposal: The allowance is required to be continued as this special allowance has been sanctioned in lieu of higher pay scale. If abolished, one  increment is to be allowed on promotion which costs more to the Department.Therefore, it is proposed to grant special allowance equivalent to one     increment which will be kept separately and not to be added in the basic pay.Other conditions applicable to present allowance will remain in force. (i.e. if      this allowance  is drawn for three  years it will be  added to basic pay while pay fixation on promotion.)

          Cycle Allowance to Postman:

          Proposal: Must be retained while doubling the amount to Rs.180 p.m. and         further increase by 25% every time the DA increases by 50%.

          Cash Handling and Treasury Allowance:

            Proposal: The Cash Handling Allowance should be retained and     need to           be doubled and further increase by 25% every time the DA increases   by 50%.

           Fixed Medical Allowance:

            Proposal: 33 Postal Dispensaries may be merged with CGHS.All Postal Pensioners irrespective of their participation in CGHS while in     service should be covered under CGHS after making requisite subscription.Till such time, the FMA may be allowed @ Rs.2000/- per month enhancing from Rs.500/- p.m.  being paid at present.

          Headquarter Allowance:

Proposal: Proposes to retain the Headquarters Allowance at the uniform rate of 10% of the basic pay subject to ceiling of Rs.9000/- per month.

         Overtime Allowance:

 Proposal: Department recommends to grant additional duty allowance in lieu of OTA in operative offices only  for performing additional duty of absentee official.

It is proposed  Rs. 100/- per hour maximum of three  hours in a day and further  increase by 25% every time the DA increases by 50%.

Besides these we demanded S.B.Allowance and Supervisory allowance to be continued and enhanced proportionately. 

2% DA order issued

No. 1/2/2016-E-II (B)

Government of India 

Ministry of Finance 

Department of Expenditure 

New Delhi, the 4th November, 2016. 

OFFICE MEMORANDUM 

Subject: Recommendations of the Seventh Central Pay Commission — Decision of Government relating to grant of Dearness Allowance to Central Government employees — Rates effective from 1.1.2016. 

The undersigned is directed to say that consequent upon the decision taken by the Government on the recommendations of the Seventh Central Pay Commission relating to Dearness Allowance, the President is pleased to decide that the Dearness Allowance (DA) to all categories of Central Government employees shall be admissible at the rate of 2 percent of basic pay per month, w,e.f.01.07.2016. 

2. The revised pay structure effective from 01.01.2016 includes the Dearness Allowance of 125% sanctioned from 01.01.2016 in the pre-revised pay structure. Thus, Dearness Allowance in the revised pay structure shall be zero from 01.01.2016. 

3. The term 'basic pay' in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix but does not include any other type of pay like special pay, etc. 

4. The Government vide Resolution No. 1-2/2016-IC. dated 25/07/2016 has decided that till a final decision on Allowances is taken based on the recommendations of the Committee constituted under the Chairmanship of Finance Secretary & Secretary (Expenditure), all Allowances will continue to be paid at existing rates. 

5, The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR 9(21). 

6. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored. 

7. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In respect of Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively. 

8. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued in consultation with the Comptroller and Auditor General of India. 

(Annie George Mathew) 

Joint Secretary to the Government of India

Source : http://finmin.nic.in/the_ministry/dept_expenditure/notification/da/DA01072016E.pdf

7th Pay Commission: Fatter allowances awaits cabinet approval

7th Pay Commission: Fatter allowances awaits cabinet approval

New Delhi: Fatter allowances under the 7th Pay Commission recommendations, which has been finalized by the Committee on Allowances headed by Finance Secretary Ashok Lavasa, awaits the approval of the Union Cabinet.

It may come up in the Cabinet meetings in this month, say sources in Finance Ministry.

The Cabinet meetings in this month is understood to approve the proposal of Committee on Allowances, which has been constituted to examine the recommendations of 7th Pay Commission on allowances other than dearness allowance for cabinet nod as the pay commission had recommended abolition of 51 allowances and subsuming 37 others out of 196 allowances. So, there was resentment among employees over suggestions to scrap some allowances.

The Committee on Allowances is to recommend to stick with the 7th Pay Commission's recommendations on allowances, said the Finance Ministry sources on Wednesday.

The ‘Committee on Allowances has already given final touch to its report. The committee met up with the deadline of four months given to it by the cabinet to submit the report, the Finance Ministry sources added.

The Prime Minister’s Office (PMO) also directed the Finance Ministry to obtain report from the Committee on Allowances and to prepare cabinet note in this regard.

Allowances contribute 63 percent in the pay hike recommendation. When the allowance is not taken into consideration it will mean fewer amounts because the allowance which the commission proposed is very substantial. Accordingly, the central government employees get a little hike in pay now, so employees are pressing hard to issue it very shortly, said sources in PMO.

The Finance Ministry sources told that the Finance Minister Arun Jaitley will soon place higher allowances note before the Cabinet for approval after receiving the Committee on Allowances report.

Until cabinet approval on the Committee on Allowances report, allowances are to be paid according to the existing rates under the existing pay structure, says an earlier official statement issued by the finance ministry.

TST

Withdrawal of the proposed indefinite hunger fast in front of Dak Bhawan from 3rd November, 2016 and two days strike on 9th & 10th November 2016

POSTAL JOINT COUNCIL OF ACTION

NATIONAL FEDERATION OF POSTAL EMPLOYEES

FEDERATION OF NATIONAL POSTAL ORGANISATIONS

ALL INDIA POSTAL EMPLOYEES UNION – GRAMIN DAK SEVAKS

NATIONAL UNION OF GRAMIN DAK SEVAKS

NEW DELHI - 110001

No.PF-PJCA-12/2016                                                                              Dated : 01.11.2016

To,

            The Secretary,

            Department of Posts,

            Dak Bhawan, New Delhi-110 001

Sub: Withdrawal of the proposed indefinite hunger fast in front of Dak Bhawan from 3rd November, 2016 and two days strike on 9th & 10th November 2016

                                                

Sir,

            While expressing our sincere thanks to you and the Postal Board for taking positive action for settling the demand for bonus parity to Gramin Dak Sevaks, we would like to request your sympathetic and immediate intervention for implementing the Directorate orders for payment of revised wages to Casual, Part time Contingent employees working in the Postal Department with effect from 01.01.2006. 

      The Directorate has issued orders for payment of revised wages (6th CPC minimum) to casual labourers in the month of January 2015. Subsequently the queries raised by some Chief PMGs were also clarified by Directorate. Even though 21 (twenty-one) months are over, the Directorate orders are not yet implemented in some circles. We have already brought the case to your notice and the notice of the concerned Chief PMGs several times, but the issue still remains unsettled. Hence we were compelled to include this demand also as the second demand of the proposed indefinite fast in front of Dak Bhawan from 3rd November and two days strike on 9th & 10th November 2016.

         As you have assured us that the grievances of this poor and most downtrodden section of workers will be settled in a time-bound manner, we hereby inform you that we have decided to withdraw the proposed hunger fast from 3rd November and two days strike on 9th & 10th November 2016.

          We once again request you to issue strict instructions to all Chief PMGs to implement the Directorate orders in a time bound manner, say, before 30th November 2016.

        

              Thanking you in anticipation

                                                    Yours faithfully

                                                                                                                        

R. N. PARASHAR                                                                             D. THEAGARAJAN

Secretary General                                                                              Secretary General

      NFPE                                                                                                        FNPO

                                                                                                                       

                                                                                                                        

P. PANDURANGARAO                                                            P. U. MURALEEDHARAN

General Secretary                                                                              General Secretary

      AIPEU-GDS                                                                                             NUGDS

Copy to:

1.         The Director General, Department of Posts, Dak Bhawan, New Delhi-110001.

2.         The Member (P), Department of Posts, Dak Bhawan, New Delhi-110 001

3.         The Director (SR & Legal) Dak Bhawan, New Delhi-110 001