2nd September 2015 Strike – Additional pressure on the 7th CPC to accept our justified demands – COC Karnataka

2nd September 2015 Strike – Additional pressure on the 7th CPC to accept our justified demands – COC Karnataka 7th CPC Report & 2nd September 2015 Strike To All Affiliates COC Karnataka Comrade, The latest information is that the 7th CPC report will be submitted only in last week of September, we should not be … Read more

7th CPC promised for 28.8.2015, may be delayed by one month – NC JCM Staff Side

7th CPC promised for 28.8.2015, may be delayed by one month – NC JCM Staff Side NC JCM Staff Side Secretary said that it was assumed that the report of the VII CPC, as was promised for 28th August this year, may be delayed by one month. The letter is reproduced and given below for … Read more

7th Pay Commission, as seen by the economists

7th Pay Commission, as seen by the economists “All the Economists and Analysts, and not just in India, is discussing the 7th Pay Commission.” Last week, Neelkanth Mishra of Credit Suisse said that there are chances of 40% increase in salary. He also remarked that post-7th Pay Commission, the financial status of Central Government employees … Read more

Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission

Multiplication Factor – A Crucial Indicator for determining the Basic Pay of 7th Pay Commission It is well known that Multiplication Factor 1.86 was being used by the 6th Pay Commission to calculate the new revised basic pay. The 6th Pay Commission had initially suggested 1.74, but it was later modified to 1.86. The Multiplication … Read more

30% salary hike confirmed in 7th Pay Commission for CG Employees

30% salary hike confirmed in 7th Pay Commission for CG Employees “The wages of public sector bank employees are revised once every five years. The recent 10th Bipartite wage agreement gave them an increase of 15%.” United Forum of Bank Unions (UFBU) had initially put forth a demand of 21% wage hike. It was only … Read more