EPF rates cut to 8.25

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The government has cut the interest rate on the Employees' Provident Fund (EPF) by 1.25% to 8.25%for 2011-12, giving millions of salaried employees lower returns on their retirement fund, media reports said on Friday. The Employees' Provident Fund Organisation (EPFO) had provided 9.5 per cent interest rate to its subscribers for 2010-11 after it found Rs 1,731 crore surplus in its books of account. The decision has already come under sharp attack from various trade unions. Dasgupta, who is a member of the EPFO Central Board of Trustees and General Secretary of the CPI-backed All India Trade Union Congress (AITUC), said the decision was not acceptable as it would affect the working class

2DIE AS TRAIN AND TRACTOR COLLOIDED.

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In a major mishap on friday ( 24-02-2012) , in Guntakal division of south central railway...between Kapaguneri and Yerupadu railway station , TIRUPATI-MACHILIPATANAM-NARASAPUR EXPRESS  rammed into tractor trolly , which was loaded with bricks.

 Train loco pilot-K.adinarayana and Asst.loco pilot -K.S .Raju died on the spot and loco inspector , who was traveling in the loco also got gravious injury. he is admitted in Rio hospital / Tirupati.This accident took place around 9.00P.M. After getting the NEWS, DRM/GTL and other official rush to the spot immediately.

The loco pilots and loco Inspector belongs to VIJAYAWADA Division of south central railway.

All the running staff socked .

DIVISIONAL DHARANA IN FRONT of Divisional Railway Manager.

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 As per Central Working Committee direction , Guntakal Division has organize  its members and sat in protest of long pending demands , which Railway board is not considering.OUR DEMANDS---

THE DHARANA WAS INAUGURATED BY COM.G.N.SHAW ( Div.Secretary./GTL.DIV/SCR)

                                                G.N.SHAW addressing the gathering. 

He has explained all the past agitation and program, which had been adapted by AILRSA..and thanks to the labour minister , who have taken a keen interest in forming NIT( National Industrial Tribunal ), who is going to look after all the demand of loco running staff association.He has badly condemned the attitude of recognize trade union for their negative and cheating role in all level.Railway was set a high level safety review committee and reports released on17th feb2012.but we have a several doubt that how railway will adapt and implement those recommendation, when it is facing a financial crisis, since railway minister it self  once stress that  until fare increases , our project will not complete.The implementation needs one lakhs caror rupees within five year plan.

Few recomendation of this commitee are very goos as -

1)Power to sanction  cash award for good performance in safety related matters  should be enhanced  to three times.

2)Add.general manager ( safety ) ..new post to be created on zonal levels.

3)All the newly recruited Assistant Loco Pilots should be Diploma holders instead of present Matriculation/ITI holders.

4) Cader of diesel and electric running staff should be separated in the present operating environment having large number of loco variant of both side . 

But I have a doubt that Railway will very much fear about this type of implementation because one day administration will have to loose and most of post would be occupy by loco pilots .He has  requested  to all new comers and new loco pilots to join AILRSA  without any fear . we have a legal fighting and one day we would win .Unitedly we would win ,if divided we have to loose.

                        S. GANGADHARAN Divisional President addressing the gathering.

                                R.Balaramaiah Zonal vice President addressing the gathering.

Div.President raised the local issues and corruption in posting , transfer etc.Links are very tights , there by medical categorization as well as death cases in running staff are increasing day to day.we are forced to go in other divisions and long distant , which may lead to fatigue and unsafe to railway and general public life.

                                       VEER GARJA ..ALP/GTL  addressing the gathering.

                                          PATHAK ALP/GTL addressing the gathering.

                              A.PRASAD Add.branch secretary/GTL addressing the gathering.

                                                            A view of Gathering

DHARANA was conducted from 10.00 hrs to 13.00hrs. As per CWC one memorandam was submitted to DRM for  1)HON'BLE MINISTER FOR LABOUR AND EMPLOYMENTS /NEW DELHI 

               

                 2)HON'BLE  MINISTER FOR RAILWAYS./NEW DELHI.

25% Clarification.....

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ENHANCEMENT OF VARIOUS ALLOWANCES BY 25% FROM 1.1.2011 OWING TO OVER 50% INCREASE IN DEARNESS ALLOWANCE

F.No.5-06/2011-PAP 

GOVERNMENT OF INDIA 

MINISTRY OF COMMUNICATIONS AND I.T. 

DEPARTMENT OF POSTS 

[ESTABLISHMENT DIVISION] 

DAK BHAWAN, SANSAD MARG, NEW DELHI-110116

THE 24th JANUARY, 2012

OFFICE MEMORANDUM

SUBJECT : ENHANCEMENT OF VARIOUS ALLOWANCES BY 25% FROM 1.1.2011 OWING TO OVER 50% INCREASE IN DEARNESS ALLOWANCE – REG.

The undersigned is directed to say that a number of references and queries have been received in this Directorate from various Circles seeking clarifications in respect of increase of various allowances consequent upon increase in the Dearness Allowance beyond 50% w.e.f. 1st January, 2011. The issue has been examined in consultation with Ministry of Finance (Department of Expenditure). It may be recalled that, on implementation of the recommendations of the 6th Central Pay Commission, necessary orders in respect of various allowances and certain advances were issued by the Government. Some of these orders inter alia stipulated that such Allowances/advances shall automatically increase by 25% whenever Dearness Allowance goes up by 50%.

2. It is, therefore, clarified that such orders in respect of the allowances and advances, which provide for their automatic  increase by 25% whenever Dearness Allowance goes up by 50%, do not require further confirmation/clarification for complying with the said stipulations.

3. However, such Allowances and Advances are mentioned below for ready reference of all concerned :

1. Children Education Allowance including Hostel Subsidy, etc.

2. Special Allowance

3. Cash Handling Allowance

4. Washing Allowance

5. Split Duty Allowance

6. Bad Climate Allowance

7. Special Compensatory (Remote Locality) Allowance

8. (a) All components of Daily allowance on tour, 

    (b) Mileage Allowances for road and bicycle journeys on tour

9. Special Compensatory (Hill Area) Allowance

10. Special Comp. Scheduled Tribal Area Allowance

11. Project Allowance

12. Fixed Conveyance Allowance

13. Cycle Maintenance Allowance

14. Special Allowance for Child care for women with disabilities

15. (a) Advance for purchase of Bicycle 

      (b) warm Clothing Advance 

      (c) Festival Advance 

      (d) Natural Calamity Advance

16. Desk Allowance

This issues with the concurrence of Integrated Finance Wing vide their diary No.28/FA/12/CS dated : 24/01/2012

(S.V.RAO) 

ASSISTANT DIRECTOR GENERAL (ESTT.)

Ministry of labour and AILRSA

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