OROP Scheme for Banking Industry

OROP Scheme for Banking Industry

One Rank One Pension scheme for banking industry

Pension in Nationalised Banks is based on Bipartite Settlement between Unions/Associations and Indian Banks’ Association (IBA) representing managements of Banks. IBA has informed that there have been demands from Pensioners’ Associations regarding pension updation.

At present, no such proposal is under consideration of Government.

IBA has informed that pension in Nationalised Banks is paid to the retirees’ from the pension fund of bank concerned and improvement in pension directly affects the profitability of the banks.

The abvoe information given by the Minister of State in the Ministry of Finance Shri Santosh Kumar Gangwar in a written reply to a question in Rajya Sabha on 08.08.2017.

Voluntary Retirement Scheme (VRS) in SBI

Voluntary Retirement Scheme (VRS) in SBI

State Bank of India (SBI) has informed that there is no plan to launch Voluntary Retirement Scheme (VRS) in their bank at present.

SBI has informed that VRS was offered by the erstwhile Associate Banks of SBI to their employees and officers before merger and three thousand five hundred sixty nine (3569) employees/officers of erstwhile Associate Banks had opted for the same.

The abvoe information given by the Minister of State in the Ministry of Finance Shri Santosh Kumar Gangwar in a written reply to a question in Rajya Sabha on 25.07.2017.

Launch of work from home facility by SBI

Launch of work from home facility by SBI

State Bank of India (SBI) has informed that it has introduced ‘Work from Home Policy’ for permanent Officers in the Bank. The details of the Policy are annexed. 

(i) The facility can be availed occasionally up to 5 days a month or for a longer duration, subject to approval by the Competent Authority not less than officers in the grade of TEGS-VI i.e. Deputy General Manager/TEGSS-I i.e. Chief General Manager.

(ii) Job profiles covered have clear defined deliverables, which can be remotely measured and which requires minimal dependency of the job- on physical presence, on data/documents/system/infrastructure of the Bank, on vendor interaction, on daily co-ordination with team members, daily face to face meetings and regular face to face customer interactions.

(iii) Specific metrics are put in place for measurement of productivity of the officials along with addressing the security concerns on the Banks’ confidential data and information.

(iv) Job profile requiring access to the Core Banking Solution or facing customer on regular basis are not be covered under the policy.

(v) The employee is required to submit a work report based on the tasks/deliverables assigned and the respective completion status at the end of the Work from Home duration. The approver reviews the work of the employee before providing the confirmation on the work of the employee.

(vi) Employees are not be entitled for any allowance/benefits/compensation on account of Work from Home.

The above information given by the Minister of State in the Ministry of Finance Shri Santosh Kumar Gangwar in a written reply to a question in Rajya Sabha on 08.08.2017.

Recommendations Of Sixth CPC On Military Service Pay

Recommendations of Sixth CPC on Military service pay

This Sixth Central Pay Commission vide Paras 2.3.12, 2.3.14 and 2.3.26 of its report had recommended Military Service Pay (MSP) at the rate of Rs. 6000/- per month in respect of officers upto the level of Brigadier and Rs. 1000/- per month in respect of Personnel Below Officer Rank (PBOR) of the Defence Forces.

However, the Government while accepting the recommendations of the Commission had enhanced the MSP for PBOR to Rs. 2000/- per month.

The above information given by the Minister of State in the Ministry of Finance Shri Arjun Ram Meghwal in a written reply to a question in Rajya Sabha on 25.07.2017.

EPFO”s investment in stocks

EPFO”s investment in stocks

Whether it is a fact that the EPFO”s investment in stocks through Exchange Traded Funds (ETFs) would cross the Rs. 45,000 crore mark by the end of this fiscal?
No.

Whether it is also a fact that the rate of return on this investment for the last year was 13.3 per cent?
No.

Whether it is also a fact that as on April, 2017 the stock investment stood at Rs. 21,559 crore; and if so, the details thereof?
Yes, The details are as under:

	(Rs. in crore)
SBI Nifty 50 & Sensex ETF	17,178.99
UTI Nifty 50 & Sensex ETF	2,573.06
CPSE ETF	1,807.81
Total	21,559.86

The above information given by the Minister of State(IC) for Labour and Employment Shri Bandaru Dattatreya in a written reply to a question in Rajya Sabha on 09.08.2017.

MACPs For The Central Government Civilian Employees - 7th CPC

Modified Assured Career Progression(MACPs) for the Central Government Civilian employees:Implementation of Seventh CPC Recommendations

CONTROLLER GENERAL OF DEFENCE ACCOUNTS 

ULAN BATAR ROAD, PALAM, DELHI CANTT-10

X1/11051/MACP/2016/V01-I

Dated 10/08/2017

To

PCA (Fys), PCsDA/CsDA

Sub: Modified Assured Career Progression(MACPs) for the Central Government Civilian employees:Implementation of Seventh CPC Recommendations

Various reference has been received from different Controllers regarding grant of benefit of MACP for the Central Government Civilian Employees.

In this connection, it is intimated subsequent to implementation of VIth CPC, Modified Assured Career Progression Scheme was introduced with effect from 01/09/2008 vide DOP&T OM No.35034/3/2008-Estt(D) dated 19/05/2009. Subsequently, clarifications/FAQs have been issued in the matter vide DOPT OM dated 16/11/2009, 09/09/2010, 01/04/2011, 13/06/2012, 04/10/2012 and 10/12/2014.

2. In this matter attention is also invited to Para 4 of Annexure 1 to OM Dated 19/05/2009, which clearly stipulates that benefits of pay fixation available at the time of regular promotion shall also be allowed at the time of financial upgradation under the scheme.

3. With the implementation of 7th CPC, DoPT vide its OM No.F.No. 35034/03/2015-Estt(D) dated 27/28th September 2016 has made amendments to Para 1 & 2 of OM dated 19/05/2009 and Para 17 (annexure to OM dated 19/05/2009 vide Para 3 and 5 respectively, while making the changes effective from 25/07/2016, i.e. date of resolution notification by DOPT.

4. Thus it is imperative from the DOPT OM dated 27/28th September 2016 that the provisions contained in OM Dated 19/05/2009 (with subsequent clarifications/FAQs dated 16/11/2009, 09/09/2010, 01/04/2011, 13/06/2012, 04/10/2012 and 10/12/2014) read with amendments as proposed in DOPT OM Dated 27/28th September 2016 are in effect w.e.f. 25/07/2016. Accordingly all cases of MACP arising on or after 25/07/2016 may be dealt with as per DOPT OM dated 27/28th September 2016.

5. Cases prior to 25/07/2016 may be dealt with existing provisions of MACP as per DOPT OM Dated 19/05/2009 (with subsequent clarifications/FAQs dated 16/11/2009, 09/09/2010, 01/04/2011, 13/06/2012, 04/10/2012 and 10/12/2014).

6. It is further intimated that the orders on comprehensive MACP Scheme as mentioned in DOP&T letter dated 28/09/2016 have not yet been issued by DOP&T. The same shall be circulated on receipt.

sd/-

(Vishav Jit Gandotra)

For CGDA

Order Copy

Authority: www.cgda.nic.in

Employment Of Women And Girls In Government Organisations Agencies

Employment of women and girls in Government organisations agencies

The Government has been making concerted efforts to encourage the women to join Government service by providing some special facilities as enumerated below:

(i) maternity leave

(ii) child care leave

(iii) child adoption leave

(iv) special allowance to women with disability

(v) provision of crèche facility

(vi) posting of husband and wife at the same station

(vii) special priority in allotment of residential accommodation

(viii) provision for protection of women from acts of sexual harassment

(ix) special Leave connected with inquiry on sexual harassment

(x) age relaxation for appointment of widows, divorced woman and woman judicially separated from their husbands and who are not remarried

(xi) special dispensation for woman officers of All India Services of North East cadre

(xii) exemption from payment of fee for examinations conducted by the Union Public Service Commission and Staff Selection Commission.

(xiii) Nomination of a women employee in Department Promotion Committee (DPCs). Institutional mechanisms, besides the Committees to prevent sexual harassment, exist in Government service for redressal of grievances of various nature of the women employees.

(xiv) Association of a lady member in Selection Committee/ Board for 10 or more vacancies (at all levels).

The above information given by the Minister of DoPT Dr.Jitendra Singh in a written reply to a question in Rajya Sabha on 03.08.2017.

Creation Of Employment Opportunities Through MSMEs

Creation of employment opportunities through MSMEs

The Micro, Small and Medium Enterprises play an important role in creating employment opportunities in the country. As per the last Census (Fourth) of Micro, Small and Medium Enterprises data collected with reference to base year 2006-07, as well as data extracted from the Economic Census 2005 conducted by Central Statistical Office (CSO), Ministry of Statistics & Programme Implementation (MoSPI), for activities excluded from Fourth Census, namely wholesale/retail trade, legal, educational and social services, hotel & restaurants, transports and storage & warehousing (except cold storage), the total employment in the MSME sector was 805.24 lakh.

Details of targets fixed and achieved in respect of employment generation under Prime Minister’s Employment Generation Programme (PMEGP) during the last three years and the current year in the country is given below:

Target for employment generation				Estimated employment generated
2014-15	2015-16	2016-17	2017-18	2014-15	2015-16	2016-17	2017-18*
703492	516232	434758	406272	357502	323362	407840	85792	ALL INDIA

*(as on 01.08.2017)

Following initiatives have been taken to achieve the targets under PMEGP Scheme:

In order to streamline the process of application flow and fund flow and to bring in transparency and better financial management and to prevent parking of funds at Nodal bank level an online PMEGP-MIS web portal has been introduced. All applications and fund flow is processed online in stipulated time frame.

Publicity is being made through print and electronic media, awareness camps at District level and State level are being organized in order to propagate the PMEGP scheme for the development of micro industries.

Exhibitions are also conducted at district/state/zone and national level for providing marketing support to the entrepreneurs/units.

For speedy completion of EDP training, these are being conducted through Departmental Training Centres as well as RSETIs/RUDSETIs as per MOU executed between KVIC & MCR.

Industries such as Khadi, processing of Pashmina Wool, handloom and power loom units, value added products for tea, coffee, rubber etc. and transport activities are now eligible for assistance under PMEGP.

This Press Release is based on information given by the Minister of State for MSME Shri Giriraj Singh in a written reply to a question in Rajya Sabha on 10.08.2017 (Wednesday).

Contractual Appointments In Government Departments

Contractual appointments in Government departments

The Government posts are to be filled in accordance with the recruitment rules. Wherever recruitment rules provide reemployment as a mode of recruitment or in cases of exigencies of work, retired Government servants are reappointed on contractual basis for a specific period.

The Central Civil Services (Fixation of Pay of re-employed Pensioners) orders, 1986 as amended from time to time govern the pay fixation of re-employed pensioners including the persons re-employed on contract basis, unless the contract provides otherwise. The interests of serving employees with regard to promotions/financial upgradations to higher post are taken care of by the respective service rules/regulations applicable to them.

This was stated by the Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space Dr. Jitendra Singh in a written reply to a question by Shri M.P.Veerendra Kumar in the Rajya Sabha today.