Pension- Contributory Pension Scheme- Employees contribution and Government contribution- Enhancement of rate of interest at the rate of 8.6% - Orders - Issued.

GOVERNMENT OF TAMIL NADU
2013

FINANCE (PGC) DEPARTMENT
G.O.No.38,  Dated: 11th February, 2013

Pension- Contributory Pension Scheme- Employees contribution and Government contribution- Enhancement of rate of interest at the rate of 8.6% - Orders - Issued.

Read the following:-

   1. G.O.Ms.No.222, Finance (Pension) Department, dated.3.6.2008.

   2. G.O.Ms.No.106, Finance (Allowances) Department, dated 30.3.2012.

   3. From the Principal Accountant General, Chennai-18 letter No.GPF-14/CPS/SO/382- 119134, dated 24.8.12 and 27.12.2012.

   4. Government letter No.49690/PGC/2012, dated 2.1.2013.

ORDER:

   In the reference first cited the rate of interest for Contributory Pension Scheme has been fixed at the rate of 8% with effect from 1.4.2003.

   2.  In the reference second cited the rate of interest for General Provident Fund and other Provident Funds including Contributory  Provident Fund has been enhanced at the rate of 8.6% with effect from 1.12.2011.

   3.  Accordingly, the Government have decided to enhance the rate of interest for Contributory Pension Scheme also and ordered that the rate of interest for Contributory Pension Scheme is fixed at the rate of 8% upto 30.11.2011 and at the rate of 8.6% with effect from 1.12.2011.

   4.  The above rate of interest will remain the same until further orders issued in this regard.

(BY ORDER OF THE GOVERNOR)

S. KRISHNAN,
Secretary to Government (Expenditure)

Source:http://www.tn.gov.in/gosdb/gorders/finance/fin_e_38_2013.pdf

Government Initiatives on proposed Strike by the Central Trade Unions.

   As directed by the Prime Minister, senior Ministers in the Union Cabinet – Shri A.K. Antony, Defence Minister, Shri Sharad Pawar, Minister for Agriculture and Shri Mallikarjun Kharge, Minister for Labour & Employment held a round of discussions with the representatives of the Central Trade Unions on the evening of 18th February to convey the serious intent of the Government to resolve the various issues raised in their charter of demands. The list of participants is at.

   The representatives of the Central Trade Unions reiterated their demand for the Government to take concrete measures to contain price rise, to ensure employment generation, strict enforcement of labour laws, universal social security for unorganized and organized workers, stoppage of disinvestment in Central and State Public Sector Undertakings. Some of the issues raised by them also related to payment of minimum wages of Rs.10,000/-, abolition of contract labour, payment of equal wages and benefits to contract workers at par with regular workers, removal of all ceilings on payment and eligibility of bonus, provident fund, increasing the quantum of gratuity, assured pension for all, compulsory registration of trade unions within 45 days and immediate ratification of the ILO Convention No.87 and 98.

  The Ministers explained to the representatives of the Central Trade Unions the various measures taken by the Government to control price-rise and contain inflation in the country. Particular attention was drawn to the huge food subsidy incurred by the Government to ensure availability of food grains to the poor at very concessional rates through the Public Distribution System. The Government’s efforts to pass the Food Security Bill in the Parliament will further increase the availability of subsidized food grains to the larger segments of the population and the Government is prepared to meet the extra burden on this account. The Government’s commitment to help the poor is also evident from the large amount of subsidy for fertilizers and fuel to ensure their supply at reasonable rate to the people.

   The Government is also keen to introduce amendments to the Contract Labour (Regulation & Abolition) Act, 1970, Minimum Wages Act, 1948 and various other labour laws to improve the conditions of the workers and to give them substantial relief. A National Employment Policy is going to be announced shortly to encourage higher employment to women, to promote skill development and inclusive growth. Some of these proposals are going to be discussed in the meetings of the Union Cabinet shortly. The Government has already approved the National Manufacturing Policy in November, 2011 which envisages the creation of 100 million jobs in the country by 2022.

   The Ministers pointed out the huge loss to the economy in case the strike is resorted to by the Central Trade Unions. Apart from substantial production loss, the strike is also likely to cause inconvenience to the general public and loss of wages to the workers. In view of this, the Ministers appealed to the Central Trade Union Leaders to call off the strike.

   At the end of the meeting, the representatives of the Central Trade Unions informed that they are going to discuss the proposal of the Government in a meeting on 19th Feb., 2013 and take further decision on the proposed strike.

Source: PIB

Opening of new Kendriya Vidyalaya(KV) at Thiruvarur (Tamilnadu)

KENDRIYA VIDYALAYA SANGATHAN
18, Institutional Area, Shaheed Jeet Singh Marg
New Delhi 110 016.

F.11073 -3/2011-KVSHQ (Admn.-I)

Date: 05.02.2013

OFFICE ORDER

   Sanction of the Chairman, KVS is hereby accorded to open a new Kendriya Vidyalaya at the campus of Central University of Tamilnadu at Thanjavur Road, Thiruvarur (Tamilnadu) under Institute of Higher Learning Sector from 01.04.2013. The Vidyalaya will function from Class I to V (single section) during the academic session 2013-14 with consequential growth based on feasibility.

   The Sponsor i.e. Central University of Tamilnadu at Thiruvarur will be responsible to provide:-

   1. Permanent school building as per the specification of the KVS.

   2. 100% staff quarters to all the staff of the Kendriya Vidyalaya.

   3. All recurring and non-recurring expenditure including proportionate overhead charges and future development expenditure.

   The Sponsor shall remit the budgeted amount of recurring/non-recurring expenditure in advance installment to the Deputy Commissioner, KVS, Chennai Region i.e. first installment in the month of April and second in the month of October for each financial year.

   In case the sponsor fails to fulfill their commitment as agreed to, the Commissioner, KVS is empowered to reduce the number of classes/sections and also direct the closure of Kendriya Vidyalaya by giving due notice to the sponsor.

   The admission to the Kendriya Vidyalaya will be as per the priorities/rules prescribed by the KVS from time to time for the KVs under Institute of Higher Learning Sector.

   Orders regarding staff sanction are issued separately.

sd/-
(Dr. E.Prabhakar)
Joint Commissioner (Pers.)

Source:http://www.kvsangathan.nic.in/CircularsDocs/cir-admn-14-02-13(1).pdf