• Home
  • 7th Pay Matrix
  • Pay Calculator
  • DA Table
  • DA News
  • 7th CPC News
  • KV Fees

Central Government Employees Latest News

7th Pay Commission Latest News Today 2022, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, CSD AFD Online Portal, Holiday List PDF, 8th Pay Commission Latest News

Latest 7th pay commission pay scale calculator
  • Holidays 2023
    • Holidays 2022
    • Holidays 2021
    • Holidays 2020
    • Holidays 2019
    • Holidays 2018
  • DoPT Orders
  • Expected DA
  • AICPIN
  • CSD AFD
  • Retirement Age
  • OROP
You are here: Home / 11th Bipartite Charter of Demands
7th Pay Commission Latest News Today 2022
Central Government Employees News Today 2022
Salary Calculator 34% DA 7th Pay Matrix Table
Expected DA July 2022 8th Pay Commission News
DA Latest News Today 2022 Latest 7th CPC News
Bank Holiday List 2022 CG Gazetted Holidays 2022

7th CPC Pay Fixation Calculator Retirement Date Calculator 2022
Leave Encashment Calculation & Calculator 2022 KVS Fee Online Payment 2022-23
DA Calculation Formula, Sheet Govt First Salary Calculator

Holidays to be observed in Central Government Offices during the year 2023

11th Bipartite Charter of Demands

11th Bipartite Charter of Demands

The 11th Bipartite Charter of Demands submitted by AIBOC, AIBOA, INBOC and NOBO to Indian Bank Association

The Basic principle of our wage revision should be based on the Constitution of India which begins as,

“WE, THE PEOPLE OF INDIA, having solemnly resolved to constitute India into a SOVEREIGN SOCIALIST SECULAR DEMOCRATIC REPUBLIC and to secure to all its citizens:

JUSTICE, SOCIAL, ECONOMIC AND POLITICAL; LIBERTY of thought, expression, belief, faith and worship;

EQUALITY of status and of opportunity; and to promote among them all FRATERNITY assuring the dignity of the individual and the unity and integrity of the Nation;

IN OUR CONSTITUENT ASSEMBLY this twenty-sixth day of November, 1949, do HEREBY ADOPT, ENACT AND GIVE TO OURSELVES THIS CONSTITUTION.”

SALARY AND ALLOWANCES

The remuneration package of the Bank officers needs to be framed in such a manner that officers would feel that they are valued and fairly paid considering their work load and undertaking of enormous risks and responsibilities.

They should be treated at par with Government officials and PSU officers. As stated in the 7 Pay Commission Report the status of an officer in the society should also be taken into account while fixing the salary.

Remuneration of officers is an important element of proactive functioning in Banks in this era of competitive scrimmage and their commitment, dedication and hard labour towards the progress of the economy of the country.

In general, the level and structure of salary / remuneration / compensation should aim to achieve four objectives as under:

(i) Salary Structure should be sufficient to attract and retain quality officers.

(ii) Salary Structure should motivate officers to work hard.

(iii) Remuneration should induce other human resource management reforms.

(iv) Salary should be set at a level to ensure relativity with minimum salary in Banks and officers’ initial pay in line with compression ratio, as shown below, of Central Government Group A officers’ initial pay and their minimum pay of Group D employees.

(v) Salary should take into account the Risk, Responsibility, Accountability and also the Transfer ability of Officers.

(vi) The Bank Officers have a status similar to the Govt Officials and to maintain that status the salary should be adequate, by offering additional cushion.

(vii) As promotions depend only on vacancies which depends on the presence and business of the individual banks nobody should be allowed to stagnate and running scale should be introduced.

(viii) The anguish, agony and the aspirations of lady officers should be taken into account

(ix) Superannuation benefits should help one to live a respectable life after retirement

(x) The hardwork and contribution of the bankers for the development of the economy should be acknowledged through decent salary hike and allowances.

Table: 1
Compression ratio of minimum Basic Pay of Group D employees and Group A officers under different Pay Commissions of Central Government

A*=Central Pay Commission, B*=Minimum Basic Pay (Group D) Rs. , C*=Minimum Basic Pay of Officer Grade (Group A) Rs. D*=Compression Ratio

A* B* C* .D*
III CPC (1973 to 1985) 196 700 1: 3.57
IV CPC (1986 to 1995) 750 2200 1: 2.93
V CPC (1996 to 2005) 2550 8000 1: 3.13
VI CPC(2006 to 2015) 7000 (Band Pay 5200 + Grade Pay 1800) 21000 (Band Pay 15600 + Grade Pay 5400) 1: 3
VII CPC(2016 onwards) 18000 56100 1: 3.11

Table: 2
Compression ratio of minimum Basic Pay of Sub-Staff and Officer Grade under different bipartite Settlements in Banks

A*=Bi-partite Settlements, B*=Minimum Basic Pay (Sub-Staff) Rs. C*=Minimum Basic Pay of Officer Grade Rs., D*=Compression Ratio

A* B* C* D*
2nd Bipartite (01.01.1970) 116 500 (01.01.1970) 1: 4.31
3rd Bipartite (01.09.1978) 245 700 (01.10.1979) 1: 2.85
4th Bipartite (01.07.1983) 430 1175 (01.02.1984) 1: 2.73
5th Bipartite (01.11.1987) 815 2100 (01.11.1987) 1: 2.57
6th Bipartite (01.11.1992) 1600 4250 (01.11.1992) 1: 2.65
7th Bipartite (01.11.1997) 2570 7100 (01.11.1997) 1: 2.76
8th Bipartite (01.11.2002) 4060 10000 (01.11.2002) 1: 2.46
9th Bipartite (01.11.2007) 5500 14500 (01.11.2007) 1: 2.63
9th Bipartite (01.05.2010) 5850 14500 1: 2.47
10th Bipartite (01.11.2012) 9560 23700 (01.11.2012) 1: 2.47

For more detail click here

Also Check: Central Government Holiday List 2023 PDF Download

Also Check: Central Government Pay Matrix Table 2022 PDF
Related updates:

    Bank Employees Pay Scale Calculator – Calculate New Salary as per Xth Bipartite Settlement
    Bank Employees Wage Revision 10th Bipartite – How much Increase? (As on November 2012)
    2nd September 2015 Strike – Charter of Demands
    Income Tax Employees will observe one day strike on 8.10.2015 – Charter of Demands
    11th BPS Expected Salary Calculator for Bank Employees
    Expected 11th BPS Pay Scale for Bank Employees
    One Rank One Pension Latest News By IESM (11th April 2015)
    Bank Bipartite likely to be signed on 22nd May
    10th Bank Bipartite likely to be signed on 22nd May 2015

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

7th Pay Commission Latest News for Pensioners Today 2022

Fitment Factor Table PDF
7th CPC Pay Fixation
7th CPC Pension Calculation
7th CPC Pension Fixation Examples
7th CPC Voluntary Retirement Scheme
DA Calculation as per 7th CPC
7th CPC MACP Scheme
7th CPC Children Education Allowance
7th CPC Transport Allowance
7th CPC Increment
7th CPC HRA
7th CPC Classification of Posts
7th CPC Armed Forces Personnel
7th CPC House Building Advance
7th CPC Leave Rules
7th CPC Travelling Allowance
7th CPC LTC Rules
7th CPC Reservation Policy
7th CPC Risk and Hardship Matrix
7th CPC New Pension Scheme
7th Pay Commission Fitment Table
7th CPC Allowances
7th CPC Advances
7th CPC AICPIN
7th CPC Briefcase Allowance
7th Pay Commission CGEGIS
7th CPC Dress Allowance
7th CPC Child Care Leave

Recent Discussions

  • M.K.KUMAR on Dopt Clarification on LTC – Eligibility of Home Town Concession- Frequently Asked Questions
  • M.K.KUMAR on Dopt Clarification on LTC – Eligibility of Home Town Concession- Frequently Asked Questions
  • tanuj on Dopt Clarification on LTC – Eligibility of Home Town Concession- Frequently Asked Questions
  • Satya prakash on Dearness Allowance (DA) Rates Table | Current Central DA Rate 2022
  • M.K.KUMAR on 7th CPC LTC Rules
  • M.K.KUMAR on 7th CPC Pay Fixation on Promotion & MACP Calculator – Result
  • M.K.KUMAR on MACP to teaching staff of KVs

7th Pay Matrix Table

7th CPC Pay Matrix Table – Full size image for reference
UP Govt Pay Matrix Table PDF Download
Pay Matrix Level 2 (19900): Hand Salary Calculation
7th CPC Pay Matrix Chart for Level 1 to 5 (GP 1800 to 2800)
Pay Matrix Table for Haryana Govt Employees – Level 1 to 5
Rajasthan Pay Matrix Table – Pay Matrix Level 10 to 13
7th CPC Pay Matrix Chart for Level
Pay Matrix Table for Haryana Govt Employees – Level 6 to 9
Rajasthan Pay Matrix Table – Pay Matrix Level 14 to 20
7th CPC Pay Matrix Chart for Level 10 to 12 (GP 5400 to 7600)
Salary Increment Table for Pay Matrix Level 11 (GP 6600)
7th CPC Pay Matrix for IIT, IIS, IIM, NITIE, IISER, NIT and IIIT
7th CPC Pay Matrix Table Level 13, 13A and 14
7th Pay Commission Pay Matrix Level 3
WB 6th Pay Commission Pay Matrix Table
Pay Calculator for Gujarat Govt Employees

Central Government Employees Latest News 2022

DA for Central Government Employees News Latest Update 2022
Central Government Employees News Latest Update Today
Latest News on Dearness Allowance for Central Government Employees
Central Government Employees News DA
Latest news of DA for Central Government Employees
Central Government Employees Today News
Central Government Employees News in Hindi
Central Government Employees News all about
Central Government Employees News dopt orders
Swamy News for Central Government Employees
Confederation of Central Government Employees News
Central Government Employees DA news in Hindi
Good News for Central Government Employees
Latest News on Retirement age of Central Government Employees
www Central Government Employees News
7th Pay Commission Latest News Today 2020 Central Government Employees
Bonus News for Central Government Employees
Central Government Employees fitment factor News
Central Government Employees News and Tools
Central Government Employees latest News on Retirement Age
Central Government Employees News Latest Update Today in Hindi
Latest News about Central Government Employees Retirement Age
Latest News of Central Government Employees Retirement Age
Any good news for Central Government Employees
HRA News for Central Government Employees
NPS News for Central Government Employees

7th Pay Commission Latest News 2022

7th Pay Commission Latest News Today 2022
7th Pay Commission Latest News in Hindi
7th Pay Commission Latest News for Pensioners Today 2022
7th Pay Commission Pay Hike Latest News
7th Pay Commission Arrears News Today
7th Pay Commission DA Latest News Today
7th Pay Commission Latest News for Defence Pensioners
7th Pay Commission Latest News in Telugu
DA 7th Pay Commission latest news
GDS 7th Pay Commission latest news today
BSNL pensioners 7th Pay Commission latest news
7th Pay Commission latest news in Tamil Today
7th Pay Commission latest news for BSNL Employees
7th Pay Commission Maharashtra Latest News
7th Pay Commission Army News
7th Pay Commission Current News Hindi
7th Pay Commission for Armed Forces Latest News Today
7th Pay Commission for Central Government Employees latest news
7th Pay Commission for teachers' latest news
7th Pay Commission Gujarat Government latest news
7th Pay Commission in Bihar latest news
7th Pay Commission latest news in Malayalam
7th Pay Commission minimum pay hike latest news
7th Pay Commission News for armed forces
7th Pay Commission News in Odisha
7th Pay Commission News today latest
7th Pay Commission Punjab government latest news
7th Pay Commission salary hike latest news today

Copyright © 2022 - Central Government Employees News - 7th Pay Commission News - Site maintained by TEUT Digital Concepts