Sources said that an in-principle decision has been
taken to increase the retirement age by two years within this year itself. In
this regard, the Department of Personnel and Training has started working to
implement the same. Popular news has already spread that the Government is
planning to increase the age of retirement of Central government employees from
the current 60 years to 62 years according to a proposal. Last time in 1998, a
similar decision has taken for the Central Government and during that time, the
retirement age was extended from 58 to 60 years.
On 21st
March 2013, there was an unstarred question in Rajya Sabha, about whether there
was a proposal to increase the retirement age of Central government employees.
The relevant MOS answered there was no such proposal. According to sources, that’s
not quite true; because there is such a proposal floating around and it went to
Cabinet sub-committee and an in principle decision to implement was taken by
Department of Personnel and Training (DOPT). The
Central Government employees can expect a formal announcement to this effect in
this year itself.
Whenever
such a decision is taken, arguments and counter arguments are come in picture
immediately. The main arguments are; there is some shortage of experienced
hands in the top level. In certain exceptional circumstances, extensions are
take place. Some raised the argument that why not formalizes the system by
allowing extensions to everyone? The retirement age of Professors is 65 and
Judges also retired beyond the age of 60. The Counter arguments also need
importance .While the circumstance of increase in population and unemployment
in this country; this decision will decrease the employment opportunities for
the young. If this decision will come in existence in this year, the rate of
vacancies will become minimal. Both the arguments and counter-arguments are
important. Anyway, Government should need serious thinking before taking this
kind of a cohesive decision.
These
adhoc decisions always come in picture with some myopic objectives such as
political or economical. Government can make the statement like this decision
will reduce the financial burden of giving retirement pack to the employees for
a certain period. All Central Government employees are expecting a formal
announcement about this debated matter in this year itself.
F.No. 5(2)-B(PD)/2012
Government of India
Ministry of Finance
Department of Economic Affairs
Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi, the 7th January, 2013
OFFICE MEMORANDUM
Subject : Advances to Government servants — Rate of interest for purchase of conveyances during 2012-2013.
The undersigned is directed to state that the rates of interest for advances sanctioned to the Government servants for purchase of conveyances during 2012-2013 i.e. from 1st April, 2012 to 31st March, 2013 are revised as under:
Rate of interest per annum
(i) Advance for purchase of conveyance other than motor car (viz. motor cycle, scooter etc.) - 9%
(ii) Advance for purchase of motor car - 11.5%
(A.K. Bhatnagar)
Under Secretary (Budget)
To
1. All Ministries/Departments of the Government of India with spare copies for IFA, Controller of Accounts and Pay and Accounts Offices.
2. Finance Secretaries of UTs without legislature.
Copy forwarded to:—
1. C&AG of India, New Delhi.
2. C.G.A., New Delhi.
3. C.G.D.A., New Delhi.
4. All AGs and Director of Accounts.
5. Supreme Court of India.
6. UPSC, New Delhi.
(A.K. Bhatnagar)
Under Secretary (Budget)
Download the Order from the below
Download
F.No.5(3)-B(PD)/2012
Government of India
Ministry of Finance
Department of Economic Affairs
Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi, the 7th January, 2013
OFFICE MEMORANDUM
Loans and Advances by the Central Government - Interestrates and other terms and conditions.Subject:- Loans and Advances by the Central Government - Interestrates and other terms and conditions.
Reference this Ministry's Office Memorandum F.No.5(3)-B(PD)2011 dated 19th March, 2012 on the captioned subject.
Download the OM from the below Link
http://finmin.nic.in/the_ministry/dept_eco_affairs/budget/LoanAdvanI0R12.pdf
Fixation of Pay on Promotion to a Post carrying higher duties and responsibilities but carrying same grade pay
Fixatation of pay on promotion to a post carrying higher duties and responsibilities but carrying the same grade pay.
No. 10,02,2011-E.III(A)
Government of India
Ministry of Finance
Department of Expenditure
New Delhi, the 7th January, 2013
OFFICE MEMORANDUM
Subject: Fixatation of pay on promotion to a post carrying higher duties and responsibilities but carrying the same grade pay.
The undersigned is directed too invite an attention to the provisions contained in Rule 13 of the CCS(Revised Pay ) rules, 2008 which provides for the method of fixation of pay on promotion on or after 1.1.2006 in case, inter-alia, of promotion from one grade pay to another. The rule provide for fixation of pay by the way of addition of one increment equal to 3% of the sum of the pay in the pay band and the existing grade pay (rounded off to the next multiple of 10) to the existing pay in the pay band and then fixing the pay in the promotional post as per the procedure prescribed therein.
In terms of this Ministry's OM No. 169/2/2000-IC dated 24.11.2000 , dealing with the situation whereby both the feeder and the promotional grades were placed in the identical revised pay scales based on the recommendations of the 5th Central pay commission, it was provided, inter-alia, that only in cases where it was not found feasible to appropriately restructure cadres in question on functional, operational and administrative considerations, extension of the benefit of fixaion of pay under FR 22(I)(a)(1) could be considered on the merits of each case, provided all the conditions preceent for the grant of this benefit were fully satisfied and promotion to the post in question actually involved assumption of higher responsibilites.
In view of the provisions which existed prior to 1.1.2006, the matter has been considered and the president is pleased to decide that in cases of promotion from one post to another where the promotional post carries the same grade pay as the feeder post, the fixation of pay in such cases will be done in the manner as prescribed in Rule 13(i) of the CCS (RP) Rules, 2008 , provided fixation of pay in such cases was done too 1.1.2006 in terms of this Ministry's aforesaid OM No. 169/2/2000-IC dated 244.11.2000.
In so far as the persons serving the Indian Audit and Account Department are concerned, these orders issued in consultation with the Comptroller and Auditor General of India.
The Hindi version of this OM will follow.
Amar nath Singh
Deputy secretary to the Government of India
View the OM Below
http://finmin.nic.in/the_ministry/dept_expenditure/notification/misc/PayFix_promotion_07012013.pdf
Central Civil Service (Revised Pay) Rules , 2008 - the re-exercise of option under Rule 6 of the Central Services (Revised Pay) Rules, 2008 in case of employees covered under the OM dated 19.03.2012.
No. 10,2,2011 - E-III(A)
Government of India
Ministry of Finance
Department of expenditure
North Block, New Delhi
Dated the 3rd January, 2013
OFFICE MEMORANDUM
Subject:
Central Civil Service (Revised Pay)
Rules , 2008 - the re-exercise of option under Rule 6 of the Central
Services (Revised Pay) Rules, 2008 in case of employees covered under
the OM dated 19.03.2012.
View the Complete OM below



