Thursday, 9 April 2015
Tuesday, 7 April 2015
Monday, 6 April 2015
STRIKE NOTICE SERVED TO THE SECRETARY(POSTS)
POSTAL
JOINT COUNCIL OF ACTION CONSISTING OF NATIONAL FEDERATION OF POSTAL
EMPLOYEES (NFPE), FEDERATION OF NATIONAL POSTAL ORGANISATIONS (FNPO), ALL INDIA
POSTAL EMPLOYEES UNION-GDS (NFPE) AND NATIONAL UNION OF GRAMIN DAK SEVAKS SERVEDSTRIKE
NOTICE TO THE SECRETARY DEPARTMENT OF POSTS ON 06.04.2015.
Saturday, 4 April 2015
Thursday, 2 April 2015
Cabinet may approve 6% DA
The Union Cabinet approval for the 6% rise in the Dearness Allowance for the Central Government employees is expected to be announced .
It is a well-known fact that every six months, the Central Government increases the Dearness allowance for its employees during the months of January and July. The increased amount is calculated on the price index (CPI IW BY 2001=100) of essential commodities. Rise in the Dearness allowance is being calculated on the basis of the changes in the prices of the essential commodities during the periods between January and June and the period between July and December.
Government Announces Interest Rates for Various Small Savings Schemes; Rates to Come Into Force with Effect from 01-04-2015
It was decided by the Government of India that interest rates on Small savings Schemes will be linked to yields on government securities of comparable maturity. In pursuance of that decision, the Government has decided to revise the rates applicable on various small savings schemes as given in the table below.
Scheme
|
Rate of interest
w.e.f.01.04.2014
|
Rate of Interest
w.e.f. 01.04.2015
|
Savings Deposit
|
4.0
|
4.0
|
1 Year Time Deposit
|
8.4
|
8.4
|
2 Year Time Deposit
|
8.4
|
8.4
|
3 Year Time Deposit
|
8.4
|
8.4
|
5 Year Time Deposit
|
8.5
|
8.5
|
5 Year Recurring Deposit
|
8.4
|
8.4
|
5 Year SCSS
|
9.2
|
9.3
|
5 Year MIS
|
8.4
|
8.4
|
5 Year NSC
|
8.5
|
8.5
|
10 Year NSC
|
8.8
|
8.8
|
PPF
|
8.7
|
8.7
|
Kisan Vikas Patra
|
8.7
|
8.7
|
Sukanya Samriddhi Account Scheme
|
9.1
|
9.2
|
The above rates will be effective from 1.4.2015.