Tag: employees

  • Div Com Kashmir chairs meeting on accommodation issues of PM Package Employees

    Div Com Kashmir chairs meeting on accommodation issues of PM Package Employees

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    Srinagar, Mar 08 (GNS): The Divisional Commissioner (Div Com) Kashmir, Vijay Kumar Bidhuri today convened a meeting of officers to address the accommodation issues of PM Package employees.

    The meeting was attended by Deputy Commissioner Srinagar; Director Estates Department Kashmir; Relief and Rehabilitation Commissioner (Migrants) J&K Srinagar; Chief Engineer, PW (R&B) Department Kashmir and Sr. Superintendent of Police Security Kashmir.

    Addressing the officers, Div Com directed officers to explore the available hotel accommodation in secure areas so that the PM Package employees are provided the same.

    He also directed concerned to frame the criteria for allotment of accommodation to married & unmarried employees.

    He asked Deputy Director Estates to hold talks with stakeholders about additional accommodation available for the employees.

    Meanwhile, the Div Com directed CE, R&B to pace up the progress of work of transit accommodation tenements.(GNS)

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    #Div #Kashmir #chairs #meeting #accommodation #issues #Package #Employees

    ( With inputs from : thegnskashmir.com )

  • 2 employees suspended in Budgam

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    2 employees suspended in Budgam


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    Budgam, March 07: The Two employees working at the block development office at the Snoor Kalipora village in central Kashmir’s Budgam have been suspended by the authorities for releasing excess payment under MGNREGA scheme.
    An official from the Rural Development Department office Budgam told The Rising Kashmir that the two employees from the Block Development Office Snoor Kalipora have been suspended and an inquiry has been initiated against the verification of the payments that have been released under the “MGNREGA” Scheme.
    “Both the employees have been placed under suspension and attached to ACD Office Budgam,” the official said.
    He said that the inquiry committee has also been established in this regard and will submit the report to higher officials of the Rural Development Department Budgam.

    FBCE7ECE BC88 4658 B4E2 B1DCDDEB84E3

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    #employees #suspended #Budgam

    ( With inputs from : kashmirpublication.in )

  • JK Bank J&K Bank Cash Credit Scheme Salaried For Employees

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    8FE7849C B144 4498 8FF8 2D1476C6FAB6

    NAME OF THE PRODUCT

    J&K Bank Cash Credit Scheme

    PURPOSE

    The product is aimed at addressing the cyclic liquidity needs of salaried employees.

    ELGIBILITY

    Permanent Employees of Central Government, and State Government / Semi-Government Undertakings & Autonomous Bodies drawing salary from our Bank.

    CLASSIFICATION

    • Non-Priority

    NATURE OF THE FACILITY / QUANTUM / REPAYMENT

    • The facility shall be revolving in nature up to 8 years before the age of retirement of the employee*. The drawing power (DP) will thereafter be reduced on borrower’s birthday every year on pro-rata basis by reducing the principal amount so that the facility gets adjusted by 1 year before the age of retirement. The annual reduction can be spread over four quarters.The interest will be serviced by the borrower as and when applied.
    • Under this scheme, the credit facility can be sanctioned in favor of employees who is nearing his/her date of retirement. However the facility will be sanctioned on drop line limit basis as under:
    Remaining ServiceMaximum Limit
    Up to 8 years6 times salary credited in the account or Rs. 6.00 Lakh, whichever is lower
    7 years5 times salary credited in the account or Rs. 5.00 Lakh, whichever is lower
    6 years4 times salary credited in the account or Rs. 4.00 Lakh, whichever is lower
    5 years3 times salary credited in the account or Rs. 3.00 Lakh, whichever is lower
    4 years2 times salary credited in the account or Rs. 2.00 Lakh, whichever is lower
    3 yearsequal to salary credited in the account or Rs. 1.00 Lakh, whichever is lower

    Quantum of finance:

    • Minimum: Rs. 50,000.00
    • Maximum : 6 times average of previous three month’s salary credited in the account; or Rs. 6, 00,000.00 whichever is lower.

    * The scheme is customized for all retirement age brackets that are in vogue in the Government service sector i.e. 60, 62 and 65 years.

    REPAYING CAPACITY

    • Stipulation of minimum take home salary shall not be insisted for this loan scheme, however the Interest outgo/ payable in this loan scheme shall be added to deduction for granting loan (s) under other schemes of the bank.

    AGE OF THE APPLICANT

    • Minimum age of Applicant: 21 years.
    • Maximum at the time of loan Maturity: One year before the age of retirement.

    REPAYING CAPACITY

    • Stipulation of minimum take home salary of 40% shall not be insisted for this loan scheme, however the Interest outgo/ payable in this loan scheme shall be added to deduction for granting loan (s) under other schemes of the bank.

    MARGIN

    • NIL

    SECURITY

    • Primary: NIL
    • Collateral: NIL

    PROCESSING CHARGE

    • 0.25% of the loan amount plus GST,
      • Minimum of Rs. 500.00 plus GST.
      • Maximum of Rs. 1000.00 plus GST.

    RATE OF INTEREST (SUBJECT TO CHANGE)

    • 1 year MCLR+3.50 p.a. fixed Rate of Interest with monthly rests and Annual Reset.

    Click here for rate of Interest

    PRE-PAYMENT

    • No penalty on prepayment or / and foreclosure of the loan.

    8FE7849C B144 4498 8FF8 2D1476C6FAB6

    The post JK Bank J&K Bank Cash Credit Scheme Salaried For Employees Check Features and Benefits appeared first on Kashmir Publication.

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    #Bank #Bank #Cash #Credit #Scheme #Salaried #Employees

    ( With inputs from : kashmirpublication.in )

  • J&K Bank Cash Credit Scheme For Employees Check Features and Benefits

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    8FE7849C B144 4498 8FF8 2D1476C6FAB6

    NAME OF THE PRODUCT

    J&K Bank Cash Credit Scheme

    PURPOSE

    The product is aimed at addressing the cyclic liquidity needs of salaried employees.

    ELGIBILITY

    Permanent Employees of Central Government, and State Government / Semi-Government Undertakings & Autonomous Bodies drawing salary from our Bank.

    CLASSIFICATION

    • Non-Priority

    NATURE OF THE FACILITY / QUANTUM / REPAYMENT

    • The facility shall be revolving in nature up to 8 years before the age of retirement of the employee*. The drawing power (DP) will thereafter be reduced on borrower’s birthday every year on pro-rata basis by reducing the principal amount so that the facility gets adjusted by 1 year before the age of retirement. The annual reduction can be spread over four quarters.The interest will be serviced by the borrower as and when applied.
    • Under this scheme, the credit facility can be sanctioned in favor of employees who is nearing his/her date of retirement. However the facility will be sanctioned on drop line limit basis as under:
    Remaining ServiceMaximum Limit
    Up to 8 years6 times salary credited in the account or Rs. 6.00 Lakh, whichever is lower
    7 years5 times salary credited in the account or Rs. 5.00 Lakh, whichever is lower
    6 years4 times salary credited in the account or Rs. 4.00 Lakh, whichever is lower
    5 years3 times salary credited in the account or Rs. 3.00 Lakh, whichever is lower
    4 years2 times salary credited in the account or Rs. 2.00 Lakh, whichever is lower
    3 yearsequal to salary credited in the account or Rs. 1.00 Lakh, whichever is lower

    Quantum of finance:

    • Minimum: Rs. 50,000.00
    • Maximum : 6 times average of previous three month’s salary credited in the account; or Rs. 6, 00,000.00 whichever is lower.

    * The scheme is customized for all retirement age brackets that are in vogue in the Government service sector i.e. 60, 62 and 65 years.

    REPAYING CAPACITY

    • Stipulation of minimum take home salary shall not be insisted for this loan scheme, however the Interest outgo/ payable in this loan scheme shall be added to deduction for granting loan (s) under other schemes of the bank.

    AGE OF THE APPLICANT

    • Minimum age of Applicant: 21 years.
    • Maximum at the time of loan Maturity: One year before the age of retirement.

    REPAYING CAPACITY

    • Stipulation of minimum take home salary of 40% shall not be insisted for this loan scheme, however the Interest outgo/ payable in this loan scheme shall be added to deduction for granting loan (s) under other schemes of the bank.

    MARGIN

    • NIL

    SECURITY

    • Primary: NIL
    • Collateral: NIL

    PROCESSING CHARGE

    • 0.25% of the loan amount plus GST,
      • Minimum of Rs. 500.00 plus GST.
      • Maximum of Rs. 1000.00 plus GST.

    RATE OF INTEREST (SUBJECT TO CHANGE)

    • 1 year MCLR+3.50 p.a. fixed Rate of Interest with monthly rests and Annual Reset.

    Click here for rate of Interest

    PRE-PAYMENT

    • No penalty on prepayment or / and foreclosure of the loan.

    8FE7849C B144 4498 8FF8 2D1476C6FAB6

    The post J&K Bank Cash Credit Scheme For Employees Check Features and Benefits appeared first on Kashmir Publication.

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    #Bank #Cash #Credit #Scheme #Employees #Check #Features #Benefits

    ( With inputs from : kashmirpublication.in )

  • Two Employees Suspended For Releasing ‘Excess’ Payment Under MGNREGA

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    SRINAGAR: Two employees have been suspended and an enquiry has been initiated for releasing excess payment under MGNREGA in block SK Pora in central Kashmir’s Budgam district.

    An official said that two employees identified as Musadiq Nazir (VLW) and Ilyas Ahmad Wani (In-charge Junior Assistant) of block Snoor Kali-Pora in Budgam have been suspended by Project Officer Wages Employment (ACD) Budgam, and an enquiry has been initiated if the excess payment has been released under ‘’MGNREGA’’ (Labour and material component) in Block SK Pora in Budgam.

    Both the officials have been placed under suspension and attached to ACD Office Budgam, he said.

    The enquiry committee comprising AD Planning Budgam Mohammad Abrahim, BDO SK-Pora Shahbaz Chowdhary, SO Planning of Block Narbal Irshad Ahmad and JSA Planning of ACD Office Budgam Tanveer Ahmad Lone has been asked to submit the detailed report within weeks positively. (KDC)

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    16c0b9a15388d494e61bc20a8a6a07ba?s=96&d=mm&r=g

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    #Employees #Suspended #Releasing #Excess #Payment #MGNREGA

    ( With inputs from : kashmirlife.net )

  • Google now begins laying off employees in China

    Google now begins laying off employees in China

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    Hong Kong: Google is now laying off employees in China that have hit senior positions and high-paying workers as part of the global announcement, the media reported on Monday.

    The aim of the company is to “reset the salary standard and reduce operating costs while improving overall work efficiency”, reports Pandaily.

    The compensations include stock and annual leave discount and 30,000 yuan ($4,339) in cash and medical insurance, and these benefits can only be obtained by signing the agreement of leaving the company before March 10, the report noted.

    “In addition, Google has provided a three-month buffer period for laid-off employees, during which they cannot work but will continue to be paid normally,” it added.

    Alphabet, Google’s parent company, recently laid off 12,000 workers and even 100 robots that cleaned its cafeterias at its headquarters. The company sacked about 400 employees in India as part of the global announcement.

    On January 20, Google CEO Sundar Pichai confirmed in a letter to employees that about 12,000 people will be laid off globally, accounting for more than 6 per cent of the total workforce.

    Several Google employees went to social media, especially LinkedIn, to share their plight.

    Denying that the layoffs were done “randomly”, Alphabet and Google CEO Sundar Pichai had said that he is “deeply sorry” for reducing the workforce.

    In an email to employees, Pichai said he takes “full responsibility for the decisions that led us here”.

    The layoffs at Google’s parent company were expected amid the deepening funding winter that has hit companies of all sizes in the global slowdown and recession fears.

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    #Google #begins #laying #employees #China

    ( With inputs from www.siasat.com )

  • Telangana declares special casual leave for women employees on March 8

    Telangana declares special casual leave for women employees on March 8

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    Hyderabad: The government of Telangana has declared special casual leave for all its women employees on March 8 on the occasion of International Women’s Day.

    The General Administration (services welfare) department issued an order in this regard on Monday.

    Signed by Chief Secretary Santhi Kumari, the order has asked all concerned to take necessary action accordingly.

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    #Telangana #declares #special #casual #leave #women #employees #March

    ( With inputs from www.siasat.com )

  • Telangana: Bandi writes to KCR demanding new PRC for employees

    Telangana: Bandi writes to KCR demanding new PRC for employees

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    Hyderabad: Telangana Bharatiya Janata Party president Bandi Sanjay Kumar on Monday wrote to chief minister K Chandrashekar Rao demanding for constitution of a new Pay Revision Commission (PRC) and the implementation of revised pay scales for employees and teachers from July.

    In the letter, Bandi Sanjay said that he learned that the state cabinet would be meeting on March 9 to discuss various issues and take crucial decisions.

    “The biggest issue that needs to be discussed immediately is the constitution of PRC to decide on the pay revision of state government employees and teachers, who played a major role in the movement for separate Telangana state by stalling the administration for nearly 42 days,” said the BJP state president. 

    Apart from pay revision, Sanjay said the cabinet should also discuss the implementation of pre-poll promises made by KCR. 

    “The chief minister has a moral responsibility to protect the rights of the employees but he is cheating them at every stage,” he alleged.

    Sanjay said that the validity of the first PRC, headed by CR Biswal, would expire by June 30 and the new PRC would have to be implemented from July 1.

    He further said that the government did not release the fourth Dearness Allowance (DA) instalment until now. 

    “The first PRC report, which was supposed to be implemented with effect from July 1, 2018, had been delayed for nearly 21 months. Even the arrears have not been paid in several cases,” said Sanjay.

    The BJP president said that the KCR government did not appoint a new PRC till now. “This is nothing but cheating lakhs of employees and teachers. How can revised pay scales be implemented without any committee report?” he asked.

    Sanjay alleged that the government was trying to avoid revision of pay scales by deliberately dodging the appointment of a new PRC. 

    “These kinds of delaying tactics are not acceptable. This is a huge injustice to the employees. BJP will agitate on their behalf,” he said.

    He demanded that the government appoint a new PRC immediately and get the report within three months and implement revised pay scales from July 1.

    Sanjay alleged that the government is not paying salaries to the employees and teachers on the first day of each month. 

    “On the other hand, he ruined their lives by transferring them indiscriminately in the name of GO 317 implementation,” he said.

    “Nearly 99 percent of the promises made by the chief minister before the last elections have not been implemented,” he said.

    Sanjay said that the promises which were yet to be implemented are crop loan waiver, supply of free urea to farmers, one job in each family, payment of unemployment allowance, implementation of Dalit Bandhu for all Dalits, three acres of land to Dalits, Girijan Bandhu, Chenetha Bandhu etc.

    “We demand that the forthcoming cabinet should discuss all these promises and take appropriate decisions. Otherwise, the BJP will take up people’s movements in a big way and the government alone would be held responsible for the people’s revolt,” Sanjay said.

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    #Telangana #Bandi #writes #KCR #demanding #PRC #employees

    ( With inputs from www.siasat.com )

  • KP Employees Suspend Their Strike For Relocation After 310 Days

    KP Employees Suspend Their Strike For Relocation After 310 Days

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    SRINAGAR: The  Kashmiri Pandit  employees,  who were on a 310 days  long strike, protesting for their relocation  outside the Kashmir valley suspended their strike on  Saturday and said that the future course of action will be decided by the core committee of their association.

    The employees from KP community working in various government departments under PM’s employment package were protesting to demand relocation outside Kashmir to some safer places, keeping in view the targeted killings.

    The leadership of the package employees said that the government was financially choking them by stopping their salaries.

    “We have suspended the protest due to certain issues particularly in view of the financial choking of the employees, which has caused a great distress among their families,” ,” said All Migrant Employees (Displaced) Association Kashmir ( AMEAK) in a statement.

    “For last many days, the core committee held a number of meetings with the employees and their families. They came to know that employees were in complete chaos and confusion as their issues get multiplied every day. They were in complete distress. The core committee has reached the conclusion and a unanimous decision was taken to suspend the protest issued to the news agency,” they said.

    Neha, who was part of the protest, said they are left with no option but to “surrender” before the government after it “stopped their salaries”.

    “We do not feel safe there (in Kashmir) but nobody is listening to us. The government exploited the employees by stopping our salaries and choking us financially,” she said.

    The protesting employees said that they desperately surrendered before the government as the response of the administration towards their primary demand of relocation remained very cold in the last 310 days of their legitimate struggle.

    “ We held bare feet protest, mid night and full night protest and also protest in humid and cold conditions but they were not taken seriously by the UT administration .We have a great regret that the government did not even once try to know our view point,” they said.

    They also said that the administration from time to time has issued statements that the genuine demands of package employees will be resolved and in addition the Lieutenant Governor also gave many statements regarding package employees’ security and therefore it is now up to the government to decide the future of employees.

    “We also believe that the government so far has neither rejected our demand nor accepted it. We are hopeful that the government will fulfill its promise of security as claimed by it,” they said.

    Last year in May, following the killing of their colleagues Rahul Bhat and Rajini Bala, many employees from the KP community had also moved to Jammu from the Kashmir division.

    While Bhat was shot dead inside his office in central Kashmir’s Budgam on May 12, Bala, a school teacher, was killed in south Kashmir’s Kulgam district on May 31 last year.

    The employees said the core committee of AMEAK will meet to take a decision over resuming their duties in the Valley.

    Senior member of AMEAK Ruban Saproo told reporters that since Jammu and Kashmir Lt Governor Manoj Sinha had time and again assured a secure atmosphere to them in the Kashmir Valley, the core committee of the organisation decided to suspend the agitation and wait for the government’s response.

    Rohit Raina, an AMEAK member, said that “we have only suspended the protest and the next course of action will be decided by the core committee of AMEAK”.

    “Our only concern for which we had fled the Valley is our security,” he said, accusing the administration of twisting arms by stopping their salaries.

    The killing of Kashmiri Pandit Sanjay Sharma by militants in south Kashmir’s Pulwama district on February 27 reflects the ground situation but “we hope that the government will ensure our security in the Valley”, Raina said.

    RK Bhat, the president of Youth All India Kashmiri Samaj (YAIKS), an organisation of Kashmiri Pandits, urged Kashmiri Muslims to come forward to ensure the security of minority Hindus living in the Valley—(KNO)

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    #Employees #Suspend #Strike #Relocation #Days

    ( With inputs from : kashmirlife.net )

  • Big relief to central employees! Government took this decision

    Big relief to central employees! Government took this decision

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    The Ministry of Personnel, which comes under the Central Government, has given a one-time option to a select group of central employees to opt for the old pension scheme. There is a chance till August 31, 2023 to exercise the option.

    There is great news for central government employees. In fact, the Ministry of Personnel, which comes under the government, has given a one-time option to a select group of central employees to opt for the old pension scheme. According to the order, employees joining the Central Services for posts advertised or notified before December 22, 2003, will get this option. There is a chance till August 31, 2023 to choose this option.

    What happens to those who do not opt: Those government employees who are eligible to exercise the option but do not exercise the option by the due date will continue to be covered by the National Pension System i.e. NPS. The order states that the option once exercised will be final.

    Necessary orders in this regard will be issued by October 31, 2023, if the Government servant fulfills the conditions of coverage under the CCS (Pension) Rules, 1972 (now 2021). At the same time, the NPS account of government employees who choose this option will be closed from December 31, 2023.

    The National Movement for Old Pension Scheme (NMOPS), an organization of over 14 lakh central and state government employees, has welcomed the government’s decision.

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    #Big #relief #central #employees #Government #decision

    ( With inputs from : kashmirpublication.in )