Monday, July 03, 2017

NFAEE : Protest against the decision on 7th CPC Allowances

National Federation of Atomic Energy Employees
NFAEE
DEPARTMENT OF ATOMIC ENERGY
Regn.No.17/9615
Recognised by DAE vide DAE OM No. 8/1/2007 – IR&W/95 dated 13th June 2007
NFAEE Office, Opp. NIYAMAK BHAVAN, Anusaktinagar, Mumbai 400 094
Web site: www.nfaeehq.blogspot.com ; Email address: nfaee@yahoo.com

Ref. No: nfaee/sg/17/114
03.06.2017

To
All Affiliates
NFAEE

Sub: PROTEST DEMONSTRATIONS AGAINT THE DECISION ON ALLOWANCES

Dear Comrades,

Hope all the affiliates organized/planned to hold protest demonstrations in this week against the betrayal for NDA Government.

Go far a hectic campaign against the NDA Government’s attitude towards the Government employees and shameful backed out from the commitment given by the Group of Ministers on 30th June 2016.
Copies of the letter written to Shivgopal Mishra, the so-called leader of Central Government Employees by Confederation of Central Government Employees & Workers (CCGEW), National Federation of Atomic Energy Employees (NFAEE) and All India Defence Employees Federation (AIDEF)are attached herewith.

All Affiliates are requested to popularize the stand taken by the Confederation and Federations of various sections of employees and built unity among the employees.

Also appeal to all affiliates to participate actively in the joint protest programme being organized by Confederation of Central Government Employees & Workers across the country.

With fraternal Greetings

Comradely yours,

(JAYARAJ KV)
Secretary General
Address for Correspondence: Jayaraj. KV, Secretary General, NFAEE
PESS/UED; BARC, Trombay, Mumbai 400 085
Tel. No: (O): 022 – 25596519; (Res): 022 – 25554179; (Mobile): 9869501189
Email Address: nfaee@yahoo.com, jrajkv@yahoo.com

Source : NFAEE

Expected DA From July 2017

DA from July 2017 is expected 1% only at present!

As on date, we have two months AICPIN data only, i.e., Jan and Feb 2017. And we need four months AICPIN data for the calculation of DA from July 2017. The scenario of AICPIN is now being as down trend. If the AICPIN should increase minimum 6 points(total of 3 months) from the existing level in coming months, there could be a chance to increase the DA to 2%. Otherwise, the additional DA from July 2017 will be enhanced by 1% only.
In case of AICPIN increase one point from the existing level subsequently for 4 months, the below table shows the calculation…

Shri Kushal Vashist (IPoS-1999), presently working as Director (Phil & Admn) are placed at the disposal of M/o Environment, Forest & Climate Change, Delhi

The services of Shri Kushal Vashist (IPoS-1999), presently working as Director (Phil & Admn) are placed at the disposal of M/o Environment, Forest & Climate Change, Delhi for appointment as Director under the Central Staffing Scheme.

Last date for upation of PLI/RPLI policies in McCamish is 15.07.2017

Post Office Interest Rate & Returns for the period 01.07.2017 to 30.09.2017

Government of India, Postal Department Interest rate for the period 01.07.2017 to 30.09.2017


PostofficeinvestmentSchemes
Rate of
Interest in
%

Minimum/Maximum Deposit Amount in Rs.

Returns inRs. (Approximately)


Remarks

SB Account
(SB)


4%

MinRs50
Maxunlimited

No maturity period.Every year Interest willbe paid as per theirsavings.
ATM facility available.Can withdraw from bankATM too. No servicecharge for PO ATMwithdrawal. Free SMSservice.

RD Account
(RD)5Years
7.1%Compound Interest
Monthly MinRs.10
Maximum No Limit
For MonthlyRs.1000investment Maturity amountis Rs.72125 Monthly Recurring Deposit. After 3 yearsPremature closure isallowed.
Monthly IncomeScheme (MIS)5
Years


7.5%
Minimum Multiples of Rs.1500/- Maximum
Rs.4.5 lakh for single
Rs.9 lakhsfor joint
For Rs.100500/- Monthly interest Rs.628 Monthly interest can be withdrawn.
After 2/3 yearspremature closure isallowed with
2%/1%deduction.

1 Year TimeDeposit (1yearTD)

6.8% (quarterly compound)

Minimum Multiples of Rs.200/Maximum Nolimit

For Rs.10000investment Maturityamount Rs.10698
1 year Fixed deposit.Can be closedprematurely after 6 months with SB rate ofinterest
2 YearsTimeDeposit (2Years TD) 6.9% (quarterly compound) Minimum Multiples of Rs.200/ Maximum Nolimit For Rs.10000investment Maturityamount Rs.11416 2 years Fixed deposit.Can be closedprematurely after 6 months with SB interest
3 YearsTimeDeposit (3Years TD) 7.1% (quarterly compound) Minimum Multiples of Rs.200/Maximum Nolimit For Rs.10000investment Maturityamount Rs.12187 3 years Fixed deposit.Can be closedprematurely after 6 months with SB interest

5 YearsTimeDeposit (5Years TD)

7.6% (quarterly compound)

Minimum Multiples of Rs.200/Maximum Nolimit

For Rs.10000investment Maturityamount Rs.13910
5 years Fixed deposit.Can be closedprematurely after 6 months with SB interest.Can claim IT exemptionunder 80C

SeniorCitizenScheme (5 years)


8.3%

Multiples ofRs.1000/- Maximum
Rs.15lakhs

For Rs.1lakh
Rs.2075 interest forevery
3 months
For retiredGovt/defence/ public sector employees and above 60 years age citizens. Investment can be claimed under80c


SukanyaSamridhi Account (21 years)
For girlchild below10 years age





8.3%



MinimumRs.1000/- Deposit Multiplesof Rs.100.Maximum Rs.1.5lakhs for the F.Y


If monthly contributionis Rs1000/ for 14 yearstotal contribution is168000/- Maturityvalue would be approximatelyRs562355) for 8.3%interest after 21 yearsperiod.
Depositing period 14years. Maturity 21years or else aftermarriage.
Can withdraw 50% amount after 18 yearsof girl child for herstudies.
New scheme launchedby the
Govt of India, to thewelfare of girl children.Can claim ITexemption under 80c


PPF Period15 years



7.8%

MinimumRs.500/- Deposit Multiples of Rs.100.Maximum Rs.1.5lakhs for the F.Y
If monthly contributionis Rs1000/ for 15 yearstotal contribution is180000/- Maturityamount is Rs334352(approximately) for 7.8% interest

For Savings andIncome tax concessionpurpose

Kisan Vikas
Patra (KVP)
100 months
7.5%Doublesin
9 years 7months

Multiples ofRs.1000/ Maximum Nolimit

For 1lakhinvestment, maturity Rs.2 Lakhs

Investment will bedoubled in
115 months
NationalSavingsCertificate (NSC)
5 years

7.8% (quarterly compoundinterest)


MinimumRs.100/ MaximumNo limit


For Rs.10000 Maturity amountRs.14558


For Income taxconcessionpurpose
Visit : www.potools.blogspot.com for latest updates

AICPIN for May 2017 and D.A. may Increase 1% from 01.07.17

The official Press Release has been released by the Labour Bureau on its official portal, the index has increased by one point and stands at 278. Expected Dearness Allowance and Dearness Relief for Central Government Employees and Pensioners is almost decided to hike by 1 percent with effect from 1st July 2017. The total DA and DR from 1.7.2017 may be revised as 5%.

It may be finally calculated upon the release of index number of June'17 (to be released on 31.07.17) but the trend shows an increase of 1% only.

Lien Maintenance in DOP Finacle

Source: DOPFinacle

Definition of Ex-servicemen

Those who were released between 01 Jul 66 and 30 Jun 68 (both days inclusive) - Any person who has served in any rank (whether as a combatant or not) in the Armed Forces of the Union, has been released there from otherwise than by way of dismissal or discharge on account of misconduct or inefficiency
(Authority : Min of Home Affairs Notification No F.14/26/64-Estt(D) dated 11 Oct 1966)

Those who were released between 01 Jul 68 and 30 Jun 71 (both days inclusive) - Any person who has served in any rank (whether as a combatant or not) in the Armed Forces of the Union for a continuous period of not less than six months and released there from otherwise than by way of dismissal or discharge on account of misconduct or inefficiency
(Authority : Min of Home Affairs Notification No 14/11/68-Estt(D)/Estt -C) dated 13 Feb 69)

Those who were released between 01 Jul 71 and 30 Jun 74(both days inclusive) - Any person who has served in any rank (whether as a combatant or not) in the Armed Forces of the Union and has been released there from otherwise than by way of dismissal or discharge on account of misconduct or inefficiency
(Authority : Cabinet Secretariat, Department of Personnel Notification No 13/3/71-Ests(C) dated 14 Oct 71)

Those who were released between 01 Jul 74 and 30 Jun 79(both days inclusive) - ESM means a person who has served in any rank(whether as a combatant or non -combatant) in the Armed forces of the Union, for a continuous period of not less than six months after attestation and has been released there from otherwise than by way of dismissal or discharge on account of misconduct or inefficiency.
(Authority : Cabinet Secretariat, Department . of Personnel & Administrative Reforms Notification No 13/24/73-Estt(C) dated 26 Oct 74)

Those who were released between 01 Jul 79 and 30 Jun 87(both days inclusive) - Any person who has served in any rank(whether as combatant or not)in the armed forces of the Union for a continuous period of not less than six months after attestation if discharged for reasons other than at their own request or by way or dismissal or discharge on account of misconduct or inefficiency and not less than five years service if discharged at own request.
(Authority : Department . of Personnel & Administrative Reforms Notification No 39016/10/79-Estt(C) dated 15 Dec 79)

Those who were released on or after 01 Jul 87 - Any person who has served in any rank (whether as combatant or not) in the armed forces of the Union and was released/retired with any kind of pension from Defence Budget or released on completion of specific terms of engagement with gratuity otherwise than at his own request or by way of dismissal or discharge on account of misconduct or inefficiency.
(Authority : DOP&T OM No 36034/5/85-Estt(SCT) dated 14 Apr 87)

Personnel of Territorial Army - Who are pension holders ;for continuous embodied service, persons with disability attributable to military service and gallantry award winners retired on or after 15 Nov 86.
(Authority : DOP&T OM No 36034/5/85-Estt(SCT) dated 14 Apr 87)

Personnel of Army Postal Service - Personnel of Army Postal Service , who are a part of regular Army and retire from such service (that is directly from APS without reversion to P&T Department) with a pension or who have been released from such service on medical grounds attributable to military service or circumstances beyond their control and awarded medical or other disability pension shall come within the definition of ex-servicemen
(Authority : Min of Defence OM No 9(52)/88/D)(Res) dated 19 Jul 89)

Note : As per Govt. of India, Min of Def/Department of ESW OM No 1(9)/2010/D(Res-I) dated 20/21 Jul 2011, personnel who were on deputation in APS for more than six months prior to 14 Apr 87 would also be considered as ex-servicemen with all consequential benefits.

Recruits - Who are boarded out/released on medical grounds and granted medical/disability pension. However, the operation of the OM has been kept in abeyance for issuance of notification by DOP&T.
(Authority : Min of Def/Department of ESW OM No 12/1/2005/D(Res) dated 01
Feb 2006)

Those who were released on or after 10 Oct 2012 **

An ex-servicemen means a person-
(i) Who has served in any rank whether as a combatant or non combatant in the Regular Army, Navy and Air Force of the Indian Union and
(a) Who either has been retired or relieved or discharged from such service whether at his own request or being relieved by the employer after earning his or her pension; or
(b) Who has been relieved from such service on medical grounds attributable to military service or circumstances beyond his control and awarded medical or other disability pension; or
(c) Who has been released from such service as a result of reduction in
establishment;
or

(ii) who has been released from such service after completing the specific period of engagement, otherwise than at his own request, or by way of dismissal, or discharge on account of misconduct or inefficiency and has been given gratuity; and includes personnel of the Territorial Army, namely, pension holders for continuous embodied service or broken spells of qualifying service;
or

(iii) personnel of the Army Postal Service who are part of Regular Army and retired from the Army Postal Service without reversion to their parent service on medical grounds attributable to or aggravated by military service or circumstances beyond their control and awarded medical or other disability pension;
or

(iv) Personnel, who were on deputation in Army Postal Service for more than six months prior to the 14th April,1987; 
or

(v) Ex-recruits boarded out or relieved on medical ground and granted medical disability pension irrespective of the date of boarding out/release.***

** Authority: DOP&T office Memo No.36034/1/2006-Estt(Res) dated 04 Oct 2012 and this order came into force from the date it is published in the Gazette of India vide G.S.R 757(E) dated 10 th Oct 2012.)
*** Authority – Ministry of Defence, Department of Ex-servicemen Welfare D(Res I) OM dated 07 th July 2014 ex-recruits have been granted ESM Status irrespective of the date of boarding out/release.

Note : The eligibility of the person to the status of ex-servicemen will be governed by the definition in vogue at the time of his discharge and will not be affected by the changes in the definition subsequent to the discharge.