ABOLITION OF OVERTIME ALLOWANCE IN 7TH PAY COMMISSION: FIN MIN'S STATEMENT IN LOK SABHA.
GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
UNSTARRED
QUESTION NO: 492
ANSWERED
ON: 18.11.2016
Abolition of Overtime
Allowance
G. HARI
Will the
Minister of
FINANCE be pleased to state:-
(a) whether the expenditure on overtime allowance provided to
Government employees had increased from Rs.797 crore to Rs.1629 crore during
2012-13 and if so, the details thereof; and
(b) whether the Government is considering to abolish overtime
allowance in Government offices and if so, the details thereof?
ANSWER
MINISTER OF STATE FOR FINANCE (EXPENDITURE)
(SHRI ARJUN RAM MEGHWAL)
(a) Yes Sir. The expenditure of Rs.796.90 crore in 2006-07 was
excluding the expenditure on overtime allowance in respect of employees of
Union Territories whereas the expenditure of Rs. 1629.02 crore during year
2012-13 is including the expenditure in respect of employees of Union
Territories.
(b) The Seventh Central Pay Commission has recommended to
abolish OTA (except for operational staff and industrial employees who are
governed by statutory provisions) and in case the Government decides to
continue with OTA for those categories of staff for which it is not a statutory
requirement, then the rates of OTA for such staff should be increased by 50
percent from their current levels. Recommendation of the 7th CPC on allowances
are yet to be finalised.
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INTEREST RATE ON THE LONG TERM SAVING DEPOSITS
IN POST OFFICES (Finance Ministry)
Interest rates on bank deposits are not uniform and vary from
bank to bank. Hence, a one-on-one comparison of interest rates may not be
possible.
The interest
rates on term deposits are deregulated and they are determined by the banks
themselves as per their Board approved policies. In contrast interest rates on
Small Savings Schemes are administered interest rates linked to G-Sec rate of
comparable maturity.
The percentage
of savings in the savings schemes in Post Office as on 31.03.2016 is 14.84% of
the deposits in the savings schemes of PSBs.
The Government
has taken various steps to popularise all the existing schemes by carrying out
publicity through print and electronic/Audio Visual media on an all India
basis. Jan Dhan Yojana is a scheme of the Government to encourage deposits in
banks and promote savings.
This was stated
by Shri Arjun Ram Meghwal, Minister of State in the Ministry of Finance in
written reply to a question in Lok Sabha today.
PIBDSM/KA (Release
ID :153841) (18.11.206)
*********************
SEVENTH PAY COMMISSION ALLOWANCES TO GOVT
EMPLOYEES: OFFICIAL ANSWER IN LOK SABHA
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
STARRED QUESTION NO: 57
ANSWERED ON: 18.11.2016
ALLOWANCES TO GOVT. EMPLOYEES
VIJAY KUMAR S.R.
SUDHEER GUPTA
Will the Minister of FINANCE be
pleased to state:-
(a) whether the Government has
deferred the Seventh Pay Commission’s recommendations on various allowances,
perks and perquisites and referred the matter to a Committee;
(b) if so, the details thereof along
with the terms of reference and aims and objectives of this move;
(c) whether the Committee has
submitted its report to the Government and if so, the details thereof and if
not, the reasons for the delay; and
(d) the timeframe drawn for the
Committee to submit its report to the Government and the date from which the
allowances including house rent, education and transport allowances are likely
to be made effective?
ANSWER
FINANCE MINISTER (SHRI ARUN
JAITLEY)
A Statement is laid on the Table of
the House
Statement
Annexed with the Lok Sabha Starred Question No. 57 for 18.11.2016 by Shri S. R.
Vijayakumar and Shri Sudheer Gupta on Allowances to Government Employees
(a) & (b): In view of the number
of representations received with regard to substantial changes with the
existing provisions relating to Allowances recommended by the 7th Central Pay
Commission, the Government has set up a Committee to examine the recommendations
of the Commission on allowances (except Dearness Allowance). The Committee has
been asked to go into the recommendations of the Commission on various
allowances and, having regard to the representations made by the staff
associations as also the suggestions of the concerned Ministries/Departments
and to make recommendations as to whether any changes in the recommendations of
the Commission are warranted and, if so, in what form. Till a final decision is
taken by the Government based on the recommendations of this Committee, all
allowances (except Dearness Allowance) will continue to be paid at existing
rates in the existing pay structure. The Committee, constituted vide order
dated 22.7.2016, is to submit its report within four months.
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