The Union Ministry of Human Resource Development has killed hopes of an immediate pay rise for the faculty of centrally funded technical institutions like the Indian Institutes of Technology, Indian Institutes of Management and the Indian Institute of Science. The Centre's modified order dated September 16 has only allowed for ...

Last opportunity for commutation of additional pension for defence personnel who retired between 01-01-2006 and 02-09-2008 Personnel who retired between 01 Jan 2006 and 02 Sept 2008 had availed their commutation of pension at old rates and at the old percentage. The Sixth Central Pay Commission had enhanced the percentage of ...

The Union Cabinet has approved the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) to the Railway employees to the extent of 75 days’ wages for the financial year 2008-09. Approximately 13.05 lakh non-gazetted Group B, C and D employees are likely to benefit from ...

The central government on Thursday announced a five per cent hike in dearness allowance for its employees and pensioners, with retrospective effect from July 1. The decision was taken at a meeting of the union cabinet chaired by Prime Minister Manmohan Singh, Information and Broadcasting Minister Ambika Soni told reporters in ...