10 important proposals were approved in the cabinet meeting held under the chairmanship of Chief Minister Yogi Adityanath on Thursday at Lok Bhavan in Lucknow, the capital of Uttar Pradesh. Decisions related to national security, agriculture, industrial development, and rural empowerment were taken in the meeting.

In the cabinet meeting, a congratulatory resolution was passed on the success of Indian Army’s ‘Operation Sindoor’ against terrorists in Pakistan after the Pahalgam massacre and the army was congratulated. This operation is being considered a major achievement for national security. Apart from this, a decision was taken to give the benefit of seventh pay commission to the employees working on contract in the Directorate of Civil Aviation.

These proposals were also approved

Under the Agriculture Department, approval was given to set up a seed park on 130.63 acres of land in Lucknow at a cost of Rs 251 crore 70 lakh. This seed park will be named after Bharat Ratna former Prime Minister Chaudhary Charan Singh, which will increase self-sufficiency in seed production and provide employment to thousands of people.

Urban Development: Relief in Amrit Yojana

The proposal to reduce the share of the bodies under the Amrit Yojana was approved. It was decided to waive the share of Rs 90 crore of 7 bodies in Amrit Yojana 1, which will provide financial relief to the local bodies.

Amendment in Dairy Development Policy

Amendments were approved in the Uttar Pradesh Dairy Development and Milk Product Promotion Policy 2022 under the Department of Animal Husbandry and Dairy Development. Capital grants for setting up new milk processing units have been increased by 35%, which will encourage investment.

Boost industrial development

Approval was given to the proposal for improvement in subsidy to M/s RCCPL Raebareli. Approval was given to issue Letter of Comfort (LOC) of Rs 450.92 crore to JK Cement Prayagraj, Rs 469.61 crore to Moon Beverage Limited Hapur, Rs 403.88 crore to Silver Pulp and Paper Mill Muzaffarnagar, Rs 399.74 crore to Global Splits Limited Lakhimpur, and Rs 273.9 crore to Chandpur Enterprises.

Funds for Rural Development

A policy to encourage funds for expenditure on Gram Sabha meetings and other activities in rural areas was approved. This will promote rural empowerment.

Naming of Panchayat Utsav Bhawan

Under the Panchayati Raj department, the proposal for naming the Panchayat Utsav Bhawan was approved which will strengthen the Panchayati Raj system.

Civil Aviation: Salary benefits to employees

Approval was given for remuneration revision of contract employees (pilots, co-pilots, engineers, employees of Aeronautical Training Institute, and technical and non-technical staff) in Directorate of Civil Aviation. They will be provided salary benefits under the Seventh Pay Commission.

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According to the report, India’s job market has strengthened in recent months and there are more opportunities available now than at the beginning of 2024. Typically, annual salary increases in India range between 6-15%, while salary increases associated with promotions can be as high as 20-30%.

However, for experts in emerging skills such as Artificial Intelligence (AI), Machine Learning (ML), Cyber ​​Security and Data Privacy, this increase can be up to 30-40%.

New opportunities are being provided due to increased investment in the country

The report states that job opportunities in India have increased this year compared to last year. Dozens of new global investors related to private equity, venture capital, real estate and infrastructure have expanded their operations in India, which has further strengthened the job market.

Tremendous growth in these sectors

According to Ankit Aggarwal, Managing Director, PageGroup, the average salary growth this year will be between 6-15%, with the median increase being around 9%. However, there can be huge variations depending on the industry and skillset.

According to the report, professionals related to AI, ML, cyber security and data privacy, financial services, banking, fintech and private equity, Chief Operating Officers (COO), Head of Manufacturing sector, functional heads of Global Capability Center (GCC) will see a significant increase in their salaries.

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The Yogi government of Uttar Pradesh has again given a gift to the state employees after Diwali. The state government has increased the dearness allowance (DA) of the employees under the fifth and sixth pay commission. The order regarding the increase in dearness allowance has been issued by the government on Thursday. Earlier, before Diwali, the government had announced to increase the DA of the employees coming under the seventh pay commission by 3 percent.

Dearness Allowance of employees increased by 12 percent

After the recent order of the government, the dearness allowance of the employees of the fifth pay scale has been increased by 12 percent. Apart from this, the dearness allowance of the employees of the sixth pay scale will increase by 7 percent. Employees will get its benefit from July 1, 2024. In this regard, Additional Chief Secretary Deepak Kumar has issued a government order. According to the government order, the dearness allowance of state employees, permanent employees of aided educational institutions, technical educational institutions, urban bodies and UGC salary holders whose salary has not been revised since the year 2006 and they get salary as per the 5th pay scale has been increased.

DA increased from 443 to 455%

Accordingly, the dearness allowance under the fifth pay commission has been increased from 443 percent to 455 percent. Employees receiving salary under the sixth pay commission, which has not been revised since 2016, will get 246 percent DA instead of 239 percent. Earlier, on the occasion of Diwali, the Yogi government had announced to increase DA in the first week of October. At that time, the government had increased the DA of employees coming under the seventh pay commission from 50 percent to 53 percent. The dearness relief allowance (DR) of pensioners was also increased by the same amount.

Apart from this, the Yogi government had announced to give bonus to the employees at that time. This benefited about 14.82 lakh employees of the state government. Giving bonus on Diwali had put a burden of Rs 1025 crore on the state government treasury. The government had given the benefit of increased DA and bonus to the employees in the October salary. Due to Diwali, the October salary was also given to the employees on October 30.

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As soon as the approval was received from the Finance Department, HKRN has started paying salaries under the new rates. HKRN has written a letter to all the Administrative Secretaries, Heads of Departments, Divisional Commissioners, MDs of Corporations and Boards, Vice Chancellors of Universities and District Deputy Commissioners that the Government has increased the salary of the Corporation employees by 8%.

This hike will be effective from July 1. The hike will be implemented district-wise category-wise. HKRN has 71 thousand employees in level-1, 26,915 in level-2 and 22 thousand in level-3.

Now from July 1, 2024, in category-1 districts, level-1 employees will get salary increased from Rs 18,400 to Rs 19,900, level-2 employees will get salary increased from Rs 21,650 to Rs 23,400 and level-3 employees will get salary increased from Rs 22,300 to Rs 24,100.

In category-2 districts, level-1 employees will get a salary increased from Rs 16,250 to Rs 17,550, level-2 employees will get a salary increased from Rs 19,450 to Rs 21,600, and level-3 employees will get a salary increased from Rs 20,100 to Rs 21,700.

Also Read: Govt’s contribution: Now the central government will give 18.5% of your basic salary

In category-3 districts, level-1 employees will get Rs 16,250, up from Rs 15,050, level-2 employees will get Rs 19,800, up from Rs 18,300, and level-3 employees will get Rs 20,450, up from Rs 18,900.

Category-1 includes Gurugram, Faridabad, Panchkula, Sonipat, Delhi and Chandigarh.

Category-2 includes the districts of Panipat, Jhajjar, Palwal, Karnal, Ambala, Hisar, Rohtak, Rewari, Kurukshetra, Kaithal, Yamunanagar, Bhiwani and Jind.

Category-3 includes Mahendragarh, Fatehabad, Sirsa, Nuh and Charkhi-Dadri districts.

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This will benefit the employees working in the educational institutions of the state. He said that the administrative departments have been ordered to issue a notification to implement the recommendations of the Sixth Pay Commission for the employees of aided institutions and employees retired from aided schools.

Financial data of three years will be examined

In a statement issued by the Finance Minister, it was said that the administrative departments will examine the financial data of the last three years of all the aided schools and colleges, so that correct information about their losses can be obtained and a detailed proposal can be sent stating the financial implications. He said, ‘After considering the proposal of the administrative departments, the Finance Department will give financial approval to these institutions.’ Recently, teachers had protested outside the house of Chief Minister Bhagwant Mann demanding a salary hike.

Also Read: 7th Pay Commission: Fitment factor of central employees will increase? see calculation

These people will get benefit

In a press note issued by the government, Cheema said that this decision of the government will benefit the employees of aided schools and colleges under the School Education, Technical Education and Industrial Training departments, non-teaching staff of these institutions under the Higher Education Department and retired employees of aided schools.

Earlier, the Bhagwant Mann government of Punjab had announced to increase the dearness allowance by 4 percent in December 2023. With this, the dearness allowance of government employees in the state increased from 34 percent to 38 percent. This increase was implemented from December 1, 2023. This has increased the burden of Rs 1100 crore on the government treasury.

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According to an ET report, the United Forum of Bank Unions, an alliance of bank employee unions, has written to Finance Minister Nirmala Sitharaman to allow a 5-day work week for the banking sector. The Bank Employees Union also assured that there will be no cut in banking hours for customers or in the total working hours of employees and officers.

Know what is the demand

The union has urged the Finance Minister to review the matter favorably and direct the Indian Banks Association (IBA) accordingly, the ET report said. At present bank branches remain closed on second and fourth Saturdays.

Bank unions have been demanding holidays on all Saturdays and Sundays since 2015. Under the 10th bilateral agreement signed in 2015, the RBI and the government agreed with the IBA and declared the second and fourth Saturdays as holidays.

Salary will also increase

In terms of salaries, the IBA and bank employee unions had last year reached an agreement for a 17 per cent salary hike across all public sector banks (PSBs) in India, amounting to Rs 12,449 crore. If the salary hike is approved by the Centre, If implemented, around 9 lakh employees including 3.8 lakh officers in all PSBs and select old generation private banks will benefit.

According to a TOI report, the MoU signed by the IBA and bank employee unions following talks on December 7, 2023, included a commitment to finalize the wage revision within 180 days.

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The government can give a big good news to the employees. If media reports are to be believed, the government can approve the long standing demand of bank employees to work 5 days a week this year.

According to reports, after the approval of the Finance Ministry, bank employees will get 5 working days a week and there is a possibility of salary increase in June 2024.

According to an ET report, the United Forum of Bank Unions, an alliance of bank employee unions, has written to Finance Minister Nirmala Sitharaman to allow a 5-day work week for the banking sector. The Bank Employees Union also assured that there will be no cut in banking hours for customers or in the total working hours of employees and officers.

Know what is the demand

The union has urged the Finance Minister to review the matter favorably and direct the Indian Banks Association (IBA) accordingly, the ET report said. At present bank branches remain closed on second and fourth Saturdays.

Bank unions have been demanding holidays on all Saturdays and Sundays since 2015. Under the 10th bilateral agreement signed in 2015, the RBI and the government agreed with the IBA and declared the second and fourth Saturdays as holidays.

Salary will also increase

In terms of salaries, the IBA and bank employee unions had last year reached an agreement for a 17 per cent salary hike across all public sector banks (PSBs) in India, amounting to Rs 12,449 crore.

If the salary hike is approved by the Centre, If implemented, around 9 lakh employees including 3.8 lakh officers in all PSBs and select old generation private banks will benefit.

According to a TOI report, the MoU signed by the IBA and bank employee unions following talks on December 7, 2023, included a commitment to finalize the wage revision within 180 days.

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Indian Banks Association (IBA) and unions have agreed to 17 percent salary revision for 5 years. This salary increase was pending from November 1, 2022 and MoU has also been signed for this.

What are the main points of the decision?

Among the benefits that will be given under the signing of the salary agreement, 17 percent salary increase will be applicable from 1.11.2022. In this, there will be benefit of 3 percent loading on Basic + DA. Along with pension revision, the rule of 5 days working will be applicable. Now this matter is in the court of the Finance Ministry.

(AIBOC) tweeted

All India Bank Officers Confederation has informed in the post on X that Comrade Balachandra has been signed with the PM (President) on behalf of AIBOC and any remaining issues will also be discussed before finalizing the joint note. It also said that although the amount distributed does not meet their initial expectations, there is a good news for the pensioners as now after waiting for a long time, they will get the ‘ex-gratia’ amount i.e. pension revision.

AIBOC expressed happiness

After the agreement with IBA regarding 17 percent increase in salary, pension revision has also been agreed upon. The matter regarding the demand for leave on every Saturday is still stuck and the note has not been signed. However, AIBOC has said that it has obtained a commitment to implement 5 days working (five day banking) before giving the final touch to the joint note settlement and this is on record.

AIBOC has agreed to this agreement especially considering IBA’s assurance on 5 days working and relief for pensioners. Despite the salary percentage and weightage being less than expected, it is a matter of happiness for 8.50 lakh bank employees of the country.

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To retain talent in civil hospitals in Maharashtra’s BMC, a plan is being prepared to increase the salaries of doctors and physios working on contract. The salary package revision is aimed at addressing the weak response to the BMC recruitment drive. 400 doctors will benefit from this. A 25% increase in the salary of doctors and 60% increase in the salary of physiotherapists can be proposed.

60% increase in salary of physiotherapists proposed

The delivery has been submitted for final approval. Especially contract doctors will get this benefit. Additional Municipal Corporation Commissioner Sudhakar Shinde said that often private hospitals are facing shortage of valuable doctors. In such a situation, more attractive compensation and benefits have been offered. 400 doctors are expected to benefit from the proposed salary hike.

The doctors who will benefit from this salary increase. Apart from contract doctors, they will include specialist doctors, assistant medical officers, occupational and physiotherapists etc. Under the proposal issued, if the initial salary limit for Assistant Medical Officer is Rs 72 thousand then it can be increased to Rs 90000. If the doctor has PG qualification then it can increase up to Rs 1 lakh.

For cadre like physiotherapist, the salary will be increased from Rs 25000 to Rs 40000. This will be increased by 60%. The outline proposal for salary increase has been submitted to the Municipal Corporation Commissioner for final approval. The salary increase is especially for doctors working on contract basis.

Permanent members of staff will not get this benefit. It is expected that this proposal can be approved soon. With the approval of the proposal, the salary of doctors will see an increase of 25% while that of physiotherapists will see an increase of 60%. In such a situation, an increase in his salary from Rs 5000 to Rs 40000 is certain.

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According to ET’s report, these two state budgets have announced bonuses for government employees ahead of the budget announcements for 2023-24. Apart from this, many welfare schemes have also been introduced. The Chhattisgarh government has announced an increase in the salary and pension of the employees and allowances. At the same time, the Rajasthan government has also announced an increase in pension.

Chhattisgarh government increased DA again

On the second day of the monsoon session of the Chhattisgarh Legislative Assembly, Chief Minister Bhupesh Baghel, along with announcing several measures ranging from dearness allowance to government employees, turned the opposition’s plan to encircle the government. Bhupesh Baghel announced several measures worth Rs 2,000 crore. Along with this, Baghel announced a 4 percent increase in dearness allowance. This is the second hike within a month. Earlier, during the cabinet meeting, a 5 percent increase was made. Now five lakh employees of this state will get dearness allowance at par with the central government employees.

Salary of contract employees also increased

Apart from this, Bhupesh Baghel announced a 27 per cent increase in the salaries of 37,000 contract workers, which would cost the state government an additional Rs 350 crore. Among other announcements of Baghel, there is a monthly increase of 4,000 in the salary of daily wage earners, which will put an additional burden of 240 crores on the government. There will be a monthly salary of 2,000 for 1,650 guest teachers, which will cost Rs 4 crore.

Increased allowance of these people

Apart from this, an increase of Rs 5,500 in monthly resource allowance for Patwaris, Rs 8,000 annual allowance for police constables, Rs 2,500 to Rs 3,000 per month hike has been announced for all trainers, block level employees and help desk operators and 10,000 panchayat secretaries. At the same time, under the Chief Minister’s Special Health Assistance Scheme, the maximum financial assistance has been increased from Rs 20 lakh to Rs 25 lakh.

Rajasthan government increased pension

The Rajasthan government introduced the Rajasthan Minimum Guaranteed Income Bill 2023 in the assembly earlier this week. Chief Minister Ashok Gehlot introduced a bill, under which even after completing 100 days of work, he can work for 25 more days under the Mahatma Gandhi National Rural Employment Guarantee Scheme. If the state government is unable to provide employment, it will compulsorily give unemployment allowance.

Apart from this, the right to social security pension has been announced for every person falling in the category of old age, disabled, widow, single woman pension by 15 percent annually on the base rate in two installments, that is, there will be an increase of 5 percent in July and 10 percent in January in every financial year.

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The Finance Ministry has asked to complete this conversation by December 1, 2023. Significantly, the current wage agreement of public sector banks has ended on November 1, 2022. In such a situation, the government is constantly in talks with the unions representing the bank employees. According to the news of PTI, a senior official of the Finance Ministry has informed that the Finance Ministry has ordered to resolve the matter before December.

The government wants to suggest the issue of salaries pending for a long time as soon as possible so that the employees can get encouragement. Along with this, the officer said that the Finance Ministry has also asked the IBA to ensure that the talks regarding future wage hikes take place at the right time.

Finance Ministry said this

In the letter issued to the IBA, the Finance Ministry has said that the government is fully committed to protect the interests of bank employees. Along with this, the government is confident that the IBA will be able to negotiate with different bank unions soon and reach an agreement. Along with this, the government has also said in its letter that while increasing the salary, it will be kept in mind that the salary of government bank employees should be fixed according to the rest of the units of the banking industry.

employees will be taken care of

Talking to PTI, the official said that the banking sector is a very important part of the Indian economy. In such a situation, it is the aim of the government to provide better salary and working environment for the bank employees. Along with this, the official said that the salary issue of employees of public sector banks is a complex process. In this, attention has to be paid to many things like the financial condition of the bank. According to the report published in Business Today, on this matter, the IBA has said that they want to reach an agreement as soon as possible in which the interest of both the bank employees and the bank is included.

Banks have a long history of delaying salary hike

Significantly, banks have a long history of delaying increments in increments. Wage settlement for the banks has been a difficult and lengthy process. Earlier also it took 2 to 3 years for such agreement, due to which the dues of many years got accumulated. On the other hand, if we talk about the last salary agreement, it was completed 3 years ago in the year 2020. In this, a 15 percent salary hike was agreed upon.

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This increase has been done for the employees of the Electricity Board. According to the information, a consensus has been reached in the conversation with the employees of the Electricity Board.

Which state government announced the increase

The employees of the Electricity Board have been protesting for the last one month regarding the increase in salary. Meanwhile, the Tamil Nadu government has announced a 6 percent increase in the salaries of these employees. Minister Senthilbalaji said that an agreement has been reached between the employees of the Electricity Board and the government.

Opposition to what demands

At the headquarter of the Electricity Board in Chennai, the employees are protesting against the hike in salary, filling of vacant posts and non-appointment of employees through outsourcing. Till now the government has not been able to agree to all the demands of the employees. There has been talk about this many times between the government and the employees. 18 talks held by 19 trade union representatives with the authorities have failed.

Still haven’t agreed

Even in the 19th round of talks, a complete consensus could not be reached. However, during a conversation with the media, Power Minister Senthilbalaji said that employees and officers who have completed 10 years of service will be given a 3 percent pay hike from December 1, 2019. Along with this, from December 1, 2019, the employees of the Electricity Board will be given the benefit of 6 percent salary hike. This increase will be given in 2 installments.

How many employees will benefit

The benefit of this increase will be given to 75,978 employees and officers. There are 62,548 employees who will get the benefit of 3 percent salary hike. Due to the increase in salary, the government will have to spend Rs 527 crore more annually. He said that this step has been taken after discussion with the trade union representatives.

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Whereas, the employees are also demanding to increase the fitment factor. If the government accepts both the things, then there will be a bumper increase in the salary of the employees.

Dearness Allowance (DA) is an important part of the salary for central employees, the purpose of which is to reduce the effect of inflation. To deal with rising inflation, the effective salary of government employees is revised from time to time. The Central Government revises DA twice every year in January and July. Now the DA was expected to be increased in January 2023, but the third month of March 2023 has started, but till now no decision has been taken on DA hike.

Salary will increase as the fitment factor increases, the fitment factor plays a very important role in the salary received by central employees. Apart from the allowances of these employees, their basic salary is fixed on the basis of fitment factor. Let us tell you that there has been no change in the fitment factor since 2016.

Since then 2.57 per cent fitment factor is applicable. Central employees are demanding to increase it. The employees want the government to increase the fitment factor to 3.68 per cent. At present, central employees are getting 2.57 percent fitment factor, according to which the minimum basic salary of central employees is Rs 18,000. If the fitment factor is made 3.68 per cent, then the minimum basic salary will directly increase by Rs 8,000 to Rs 26,000.

Salary will increase on approval of DA hike

Central employees are also demanding an increase in dearness allowance. Last time in July 2022, the central government had increased DA by 4 percent. In such a situation, DA is also expected to be increased by 4 percent in January 2023. At present, a total of 38 percent DA is being given on the basic pay of central employees.

After an estimated 4 per cent increase, the total DA will increase to 42 per cent. If the fitment factor is increased to 3.68 percent, then the basic salary will increase and the employees will get a huge amount in salary due to the increase in DA.

Current salary calculation of central employees (7th pay commission salary calculator)

• The minimum basic pay of the present central employees is Rs 18,000 per month.
• On the current DA 38% of basic pay, dearness allowance is available at Rs 6840 per month.
• The current fitment factor is 2.57 per cent.
• In this way, the current minimum salary is 24,840 per month (excluding the rest of the allowances).

Salary calculation after possible increase (7th pay salary calculator)

• After the expected fitment factor is 3.68 per cent, the basic pay will increase by Rs 8,000.
• The minimum basic pay of potential central employees will be Rs 26,000 per month.
• 10,920 dearness allowance will be given per month if the potential DA is implemented at 42 percent.
• In this way, the total possible minimum salary will be Rs 36,920 per month (excluding the rest of the allowances).

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