Karnataka Pay Commission report published

REPORT OF THE OFFICIAL PAY COMMITTEE (2011)

Revised Pay Structure & Pay Scales

(i) The State should continue to have its own Pay Structure for its employees.

(ii) The new Pay Structure is related to the index level of 191.5 points obtainable on 1.1.2012 (base 2001=100).

(iii) The concept of Master Scale with 91 stages are retained.

(iv) The Fitment Benefit is 22.5 per cent inclusive of 15 per cent Interim Relief.

(v) To retain the existing 25 standard scales, segments from the Master Scale.

(vi) The new pay structure includes the Dearness Allowance as on 1.1.2012 at the
index level of 191.5 points.

(vii) The revised Pay Scales, Allowances and Pensions are effective from 1.4.2012.

(viii) To revise the Minimum pay scale from Rs.4800-7275 to Rs.9600-14550.

(ix) To revise the Maximum pay scale from Rs.28275-39900 to Rs.56550-79800.

(x) The existing rates of increments have been doubled.

(xi) The new pay shall be fixed w.e.f. 1.4.2012 as follows.

1) Basic Pay as on  1.4.2012

2) DA of 76.75 per cent as on 1.1.2012

3) Fitment benefit of 22.5 per cent of basic pay inclusive of 15 per cent
Interim Relief.

(xii) The DA from 1.7.2012 is to be allowed with multiplication factor of 0.604 for
every 1 per cent  of DA sanctioned by Government of India.

 

MORE DETAILS-http://www.finance.kar.nic.in/others/OPC-English%20Rep-Full.pdf

AICPIN for month of February 2012

All India Consumers Price Index for Industrial Workers on Base 2001=100 for the Month of February, 2012
 
                         All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of February, 2012 increased by 1 point and stood at 199 (one hundred & ninety nine).
        
         During February, 2012, the index recorded maximum increase of 5 points in Puducherry centre, 4 points each in Ahmedabad, Bangalore and Mariani Jorhat centres, 3 points in 4 centres, 2 points in 10 centres and 1 point in 30 centres. The index decreased by 5 points in Quilon centre, 3 points each in Tiruchirapally and Salem centres, 2 points in 2 centres, 1 point in 8 centres, while in the remaining 17 centres the index remained stationary.
        
                        The maximum increase of 5 points in Puducherry centre is mainly on account of increase in the prices of Rice, Goat Meat, Poultry (Chicken), Curd, Snack Saltish, Country Liquor, Refined Liquor, Shirting Cloth (Synthetic), Bus Fare, Auto-rickshaw Fare, Barber Charges, Flower/Flower Garlands etc. The increase of 4 points each in Ahmedabad, Bangalore and Mariani Jorhat centres is mainly due to increase in the prices of Rice, Groundnut Oil, Mustard Oil, Goat Meat, Fish Fresh, Vegetable & Fruit items, Tea (Readymade), Electricity Charges, Flower/Flower Garlands, etc. The decrease of 5 points in Quilon centre is due to decrease in the prices of Coconut Oil, Fish Fresh, Onion, Vegetable & Fruit items, etc. The decrease of 3 points each in Tiruchirapally and Salem centres is due to decrease in the prices of Rice, Eggs (Hen), Onion, Garlic, Tamarind, Chillies Dry, Vegetable items, Flower/Flower Garlands, etc.
          The indices in respect of the six major centres are as follows :
 
1. Ahmedabad -196
2. Bangalore-204
3. Chennai-186
4. Delhi-182

5. Kolkata-186 

6. Mumbai -200
 
                     The point to point rate of inflation based on CPI-IW(General) for the month of February, 2012 is 7.57% as compared to 5.32% in January, 2012. Inflation based on Food Index attained the level of 5.08% in February, 2012 as compared to 0.49% in January, 2012.
        
           The CPI-IW for March, 2012 will be released on the last working day of the next

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Revised Train Fares for Journey in AC-First Class, AC-2 Tier, Executive Class & First Class

Revised Train Fares for Journey in AC-First Class, AC-2 Tier, Executive Class & First Class

The Ministry of Railways has revised passenger fares with effect from tomorrow i.e. 1st April 2012 in AC-First Class, AC-2 tier, Executive Class and First Class only. There is no revision in other classes of travel. The revised fares in these classes would be applicable to all types of trains on Indian Railways network.

The revised fares will also apply to tickets issued in advance for journeys to commence on or after 1st April 2012. In the case of tickets already issued at pre-revised rates, the difference in fares from 1st April 2012 will be recovered from passengers either by TTEs in the trains or by the booking offices before commencement of the journey by the passengers as per the usual practice in case of such fare revisions.

The revised list of fares for the information of the public is being displayed at the stations and has been made available to the railway staff well in time. The revised passenger fare table is also available on the website of the Ministry of Railways i.e. indianrailways.gov.in

 

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