Tuesday, 12 July 2016

Employment News : 9 - July to 15 - July 2016

Employment News : 9 - July to 15 - July 2016



JOB HIGHLIGHTS
BHARATIYA RESERVE BANK NOTE MUDRAN PVT. LTD., Bengaluru
Name Of Post : Industrial Workman Grarde-1 (Trainee)
No.of Vacancies : 120
Last Date :18.07.2016
 
UNION PUBIC SERVICE COMMISSION, Delhi
Name Of Post : Anthropologist, jr. Work Managers, Senior Scientific Assistants, etc
No.of Vacancies : 278
Last Date :28.07.2016
 
CSIR-NORTH EAST INSTITUTE OF SCIENCE AND TECHNOLOGY, Assam
Name Of Post : Technical Assistant, Senior Technical Officer, Scientist, Principal Scientist
No.of Vacancies : 35
Last Date :16.08.2016
 
CENTRAL UNIVERSITY OF SOUTH BIHAR
Name Of Post : Professor, Associate Professor, Assistant Professor
No.of Vacancies : 73
Last Date :18.07.2016
 
SATISH DHAWAN SPACE CENTRE SHAR, SRIHARIKOTA
Name Of Post : Technician-B, Draftsman-B, Fireman-A
No.of Vacancies : 53
Last Date :20.07.2016.
 
CENTRAL INSTITUTE OF MINING & FUEL RESEARCH
Name Of Post : Assistant, Jr. Stenographer
No.of Vacancies : 45
Last Date :25.07.2016
 
INDIAN INSTITUTE OF TECHNOLOGY, Jodhpur
Name Of Post : Executive Engineer, Asstt. Executive, Medical Officer, jr. Technician Jr. Superintendent etc
No.of Vacancies : 27
Last Date :29.07.2016
 
MINISTRY OF EARTH SCIENCES, Delhi
Name Of Post : Scientist ‘C’ ‘D’ ‘F’ and ‘G’
No.of Vacancies : 10
Last Date :Within 42 days after publication

Source : http://employmentnews.gov.in/

Swachh Bharat Stamp Design Competition


Terms and Conditions to participate in “Swachh Bharat - Stamp Design
Competition”
1. Entries are invited for ‘Swachh Bharat - Stamp Design Competition’. The
participants are to make an original design on this subject (should not be copy
of picture painted by someone else).
2. Any citizen of India can participate in this contest. The design could be in ink,
water, colour, oil colour or any other medium (Computer printed/ printout will
not be allowed). The design submitted should be such that can be depicted on
the stamps in a visually appealing manner so as to be of interest to philatelic
collectors.
3. Participants are free to use drawing paper, art paper or any other type of
white paper of A4 size.
4. The following particulars should be written legibly on the reverse of the
design:
1. Name of the participant*
2. Age*
3. Gender*
4. Nationality*
5. Full and complete residential address with
Pin Code*
6. Phone/Mobile Number*
7. E-mail ID(if Available)
* The fields are mandatory.
5. A signed undertaking stating that ‘The artwork submitted is original and no
copyright issues are involved’ should be sent along with the entry. In case of
any legal dispute related to copyright issue, Department of Posts will not be
liable for the same.
6. The design should be sent through “Speed Post” only, in A4 size envelope.
The participants should mention “Swachh Bharat - Stamp Design
Competition” on the envelope in which the drawing is sent.
7. The prize winning designs will be considered for use on stamps and other
philatelic material. The prize money will be as follows:-
 First prize 10,000
 Second prize 6,000
 Third prize 4,000
8. The entries should reach on following address by 22.07.2016. The entries
received after last date of receipt will not be entertained.
To,
ADG (Philately)
Room No. 108(B), Dak Bhawan
Parliament Street, New Delhi-110001.
Source: IndiaPost.gov.in

7th Pay Commission: Panel proposed scrapping 10-year concept of salary, allowances hike

The 7th Central Pay Commission (CPC) suggested something drastic in its almost 900-page report, enough to upset about 47 lakh Central government employees and about 52 lakh pensioners. It recommended to do away with the practice of pay commissions altogether.

The Commission, headed by Justice (Retd) Ashok Kumar Mathur, had instead proposed one that should be more aligned to performance.

"The concept of separate grade pay has been done away with and the grade pay at all levels has been subsumed into the pay matrix...It is also recommended that the matrix may be reviewed periodically without waiting for the long period of ten years," according to the report.

"It is suggested that this should be made the basis for revision of that matrix periodically without waiting for another Pay Commission," it added.

The Cabinet rejected the key recommendation, reports The Hindu.

"The reforms recommended by the pay commission are effectively killed ... an opportunity to rationalise pays and link them to performance, and introduce meritocracy has been lost," the Chennai-based daily quoted a senior finance ministry official as saying.

It may be recalled that the Narendra Modi government has appointed a panel to look into the grievances of trade unions that are upset with the salary hike recommendation by the 7th CPC. The unions have demanded Rs. 26,000 as the minimum monthly salary at the entry level as against Rs. 18,000 proposed by the Commission.


The unions have deferred their proposed July 11 indefinite strike for four months in view of the government forming a high-level committee to revisit the pay panel's proposals after meeting union representatives on June 30.

"They (trade union representatives) had requested that certain issues raised by them in relation to the pay scales and other recommendations of the Pay Commission be allowed to be raised before a Committee of Secretaries looking into different aspects of grievances of employees in relation to the Pay Commission recommendations.

"The Ministers assured the Union leaders that the issues raised by them would be considered by a High Level Committee," the government said in a statement on Wednesday.

The 7th CPC was appointed to look into the salary and related issues applicable to Central Government employees (industrial and non-industrial); employees belonging to the All India Services; employees of union territories; officers and employees of the Indian Audit and Accounts Department; members of the regulatory bodies (excluding the RBI) set up under the Acts of Parliament and officers and employees of the Supreme Court.

In addition to Justice (Retd) Mathur, the Commission had two members — Vivek Rae and Dr. Rathin Roy, and Meena Agarwal as secretary. It was assisted by 16 consultants and many assistants.

Source : http://www.ibtimes.co.in
Courtesy: SA Post blog.

Monday, 11 July 2016

Labour Mininstry mulls pension scheme for high-income EPFO members

By ET Bureau | 
 initial idea is to roll out the scheme under the retirement fund body EPFO so as to get exempt-exempt-exempt (EEE) status even for pension fund.
NEW DELHI: The labour ministry is considering a pension scheme for high-income working group as the BJP-led NDA government gears up its drive to create a pensioned society.

A senior labour ministry official, who is part of the conceptualisation process, told ET that the initial idea is to roll out the scheme under the retirement fund body Employees Provident Fund Organisation so as to get exempt-exempt-exempt (EEE) status even for pension fund.

This would also make the scheme more attractive than the National Pension System (NPS) that does not enjoy this kind of tax benefit.

Under the EPF & MP Act, out of the employers' 12 per cent contribution to provident fund for its employees, 8.33 per cent goes to the Employee Pension Scheme.

While this contribution from employer is mandatory for workers earning up to Rs 15000, the employee does not have to contribute. The new scheme, if approved, will be available to the high earning EPFOmembers on a contributory basis.

"We are thinking of coming up with an all-new pension scheme for higher income group of people who do not otherwise save in any pension fund and therefore are often devoid of any retirement benefits after the age of 60 years," the official said on condition of anonymity.

It is not clear if the finance ministry will be open to the idea of another pension scheme. The government has been pushing the NPS to create a pensioned society. In the budget for this year, finance minister Arun Jaitley had made changes in tax treatment of EPF and other retirement savings scheme, reasoning tax rules should be the same for all pension plans.

"I propose to make withdrawal up to 40 per cent of the corpus at the time of retirement tax exempt in the case of NPS," he had said while simultaneously proposing tax on withdrawal from PF, which was withdrawn after hue and cry from all sectors, leaving NPS still less attractive than the EPF where withdrawals are not taxable.

According to the official who did not wish to be identified, the new scheme would have an edge over the existing scheme as deposits under the scheme may not attract any tax at any time.

Source:http://m.economictimes.com/wealth/save/labour-mininstry-mulls-pension-scheme-for-high-income-epfo-members/articleshow/53145876.cms