31/05
Relevant portions from the Circular issued by National Joint Council of Action of Central Government employees organisations are reproduced hereunder:
" As there had been no response from the Government to our communication dated 2nd May, 2016, we decided to seek an appointment with the Cabinet Secretary. Accordingly a delegation consisting of the following members of the NJCA met Cabinet Secretary, Shrl P.K. Sinha on 26. May 2016.
Com. Shiva Gopal Misra Com., Guman Singh and Corn. K.K.N. Rutty
From the discussions, it appears that, the Empowered Committee has made up their mind to recommend to the Government a slight increase in the Minimum Wage. No indication was however given as to the consequential revision of the Fitment Formula and Pay Matrix. There had also not been any hint about the need to restore the percentage of the HRA, which the 7th CPC has recommended for reduction. On Advances and Allowances, abolished, the Government might be advised to set up a committee to go into the matter and make suggestions. In the matter of the New Contributory Pension Scheme also, the Government might refer the demand to a committee.
On the question of pension benefit to the retired personnel, who are covered by the defined benefit pension scheme, the Cabinet secretary indicated that, both the Department of Pension and Defence Ministry were of the firm view that the first option recommended by the 7th CPC to bring about the parity with the past pensioners being infeasible and impracticable (due to the non-availability of the requisite records) might not be accepted and acted upon."
31/05
The All India Consumer Price Index for April 2016 is 271 points.
It was 268 points in March 2016.
At this rate, we can expect a small increase in the IDA rate from July 2016.
For exact information we must wait till evening of 30th June 2016.
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