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Showing posts from October, 2018

All-India CPI-IW Sept 2018 remain stationary at 301 Points

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All-India CPI-IW Sept 2018 remain stationary at 301 Points Consumer Price Index for Industrial Workers (CPI-IW) — September, 2018, Dt. 31st Oct, 2018  No. 5/1/2018-CPI GOVERNMENT OF INDIA MINISTRY OF LABOUR & EMPLOYMENT LABOUR BUREAU  `CLEREMONT’, SHIMLA-171004  DATED: 31st October, 2018  Press Release  Consumer Price Index for Industrial Workers (CPI-IW) — September, 2018  The All-India CPI-IW for September, 2018 remained stationary at 301 (three hundred and one). On 1-month percentage change, it remained static between August, 2018 and September, 2018 and it was also static between the corresponding months of previous year.  The maximum downward pressure to the change in current index came from Food group contributing (-) 0.75 percentage points to the total change. At item level, Groundnut Oil, Eggs (Hen), Fish Fresh, Poultry (Chicken), Onion, French Beans, Gourd, Lady Finger, Potato, Tomato, Apple, Coconut, Sugar, etc. are responsible for the decrease

Transfer of the NPS Contribution to Casual Labourer with Temporary Status to their GPF Accounts- DOPT Clarification

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Transfer of the NPS Contribution to Casual Labourer with Temporary Status to their GPF Accounts- DOPT Clarification, Dt. 11th Oct, 2018  No. 49014/2/2014-Estt.(C)-Pt.1  Government of India  Ministry of Personnel. PG and Pensions  Department of Personnel &. Training  North Block, New Delhi  Dated: 11th October, 2018  OFFICE MEMORANDUM  Subject : Clarification on modalities of transfer of the NPS contribution to casual labourer with temporary status to their GPF accounts.  The undersigned is directed to refer to this Department’s OM No. 51016/2/90-Estt (C) dated the 10th September, 1993 vide which a scheme for grant of temporary status to the casual employees was framed. The scheme applied to those casual labourers who were in employment on the date of the issue of the OM and had rendered one year of continuous service in Central Government offices, which meant that they must have been engaged for a period of at least 240 days (206 days in the case of offices obse

Renewal of Medical Insurance Scheme for Bank Retirees- IBA Circular Dt. 10.10.2018

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Renewal of Medical Insurance Scheme for Bank Retiree s- IBA Circular Dt. 10.10.2018 Renewal of Medical Insurance Scheme for Retirees as agreed vide Bipartite Settlement/Joint Note Dated 25th May, 2015 Indian Banks’ Association HR & INDUSTRIAL RELATIONS No. CIR/HR&IR/BRK/2018-19/6037 9th October 2018   CEOs of All member banks party to 10th Bi-partite Settlement/Joint Note dated 25.5.2015 Dear Sir/Madam, Renewal of Medical Insurance Scheme for Retirees as agreed vide Bipartite Settlement/Joint Note Dated 25th May, 2015 We invite your attention to our letter CIR/HR&IR/2015-16/XBPS/J/1413 dated 1st October, 2015, in terms of which banks were advised to extend the Group Medical Insurance Scheme to retirees also subject to payment of stipulated premium by them. Said Scheme is optional for retirees. 2. Thereafter, the Policy has been renewed for the year 2016-17 & 2017-18 and the current Policy is expiring on 31.10.2018. 3. IBA vide its letter 16th July

11th BP Settlement Wage Revision Talks Meeting held on Dt. 12.10.2018

11th BP Settlement Wage Revision Talks Meeting hled on Dt. 12.10.2018 WAGE REVISION TALKS WITH IBA HELD ON 12TH OCTOBER, 2018  UNITED FORUM OF BANK UNIONS   (AIBEA-AIBOC-NCBE-AIBOA-BEFI-INBEF-INBOC-NOBW-NOBO)  C/o. State Bank of India, LHO, Plot No.1, Sector-17A, Chandigarh - 160 017  Phone (Office) : 0172-4567142, 4567042, 2702518 Fax – 0172-2721716  Mobile – 09417032548 e-Mail – ufbu.chd@gmail.com  K K NAIR   Chairman   SANJEEV K. BANDLISH  Convenor  CIRCULAR No. UFBU/2018/18   Date : 12-10-2018  TO ALL CONSTITUENT UNIONS/MEMBERS   Dear Comrades,   WAGE REVISION TALKS WITH IBA  Another round of Bipartite Talks took place between IBA and UFBU today at Mumbai on our demands for wage revision. IBA team was led by Shri R.K. Takkar, MD/CEO of UCO Bank and Chairman of the Negotiating Committee. UFBU was represented by our 9 constituent Unions.  Continuing the discussions held in the last round of meeting held on 29-9-2018, IBA wanted our response to their propos