Wednesday, December 7, 2016

Former Banker (AAP Leader) Meera Sanyal on Demonetisation





(Source : Youtube)

RESPONSE TO ENQUIRY BY CPPC SBI : REGARDING PAYMENT OF DL-33 ARREARS

DEAR ALL VET BROS,

THE FOLLOWING IS POSTED FOR BENEFIT OF  INFO OF ALL CONCERNED 

BLOGGER
=============================================================
Sir,

As personally enquired from CPPC SBI regarding payment of arrears on a/c of DL 33 years, On Tue, Dec 6, 2016 at 11:44 AM.

It is intimated that data will be forwarded to HO SBI, Mumbai on 08/12/16, and necessary action for payment will be initiated in between 15-20 Dec 2016.

Thanks

Air Veteran Kalyan Sharma
TSEWA- 2553

================================================

REACTION BY ANOTHER VETERAN

Hi Sir

Paying 7 CPC & DL 33 Yrs arrears between 15 to 20 Dec 16 will not a big credit for SBI, as they have to release before 29 Dec 16 as per circular 570. i.e within 2 months from the date of release the order. 

Where as most of the banks have already cleared 7 CPC with DL 33 Yrs arrears.

Every time, this 3rd class idiot SBI bank release such payment always late as they enjoy the interest of veteran's pension.  

Thank GOD, atleast GOI has given the time parameter, other wise, they would have taken another 3 to 4 months.

Really its a hopeless Bank.

Regards

    Uday Das
    TSEWA-2183
==============================================

(SOURCE : VIA GP E-MAIL)


Renuka Shahane Has The Best Suggestion For The Govt. On Demonetization - By Hamna Hisam

December 2, 2016
Renuka Shahane is best remembered  as Pooja Choudhary, from Hum Aapke Hain Koun..!, the typically well-behaved Indian naari with a perpetual sweet smile on display, who won’t speak more than required. 
Video Screengrab | YouTube
However, Shahane has now evolved as a rather bad ass, assertive woman who puts forth her views on social issues most vehemently, through her Facebook profile. While numerous celebrities have hailed PM Modi’s move of currency ban, actor Shahane has emerged as the most honest reviewer of this policy. She has spoken critically and relevantly about this financial issue which is more or less a social issue for all of us.
If I remember right she is the daughter/niece of a Naval Officer (Air Engineer or Electrical?)
Here’s what Shahane has written about demonetization:
The 1st of December has gone by. Long queues outside banks and ATMs without money are still the norm. If Demonetization has shown the colossal failure of implementation of a perfectly good idea with perfectly good intentions, it has also shown the strength & resilience of our citizens.
People working in banks are still working beyond their normal call of duty, working overtime, canceling holiday plans just so that citizens are not badly affected by this sudden not being able to access one’s own, hard earned, already taxed money.
The people themselves are supporting the euphoric & utopian idea of black money being destroyed by this one swell move. It has also brought out some typically ‘subcontinental’ ways of doing jugaad; circumventing rules & finding loopholes. For instance some poor people & some bank managers have become quite rich overnight leaving our FM red-faced; making new & crazy rules every day, showing him up as a person who is sometimes clueless of the rules he’s announced yesterday ….homework guys!
We’ve been taught about back up plans by our mothers. Each exam we gave came with a back up plan just in case a pen didn’t work, a pencil needed sharpening or one went blank in a question paper. There was Plan A, Plan B etc for the smallest exam.
Here the Govt wanted to get into IIT in its first attempt but didn’t study, got poor marks & got irritated with the marking system.
My advice is not to get angry. There is a 2nd attempt & a 3rd. The biggest strength you have is your people. Even though you might love NRIs more than us, we are with anybody who is trying to do something for the betterment of the nation. We have already given full marks for good intent; some thing we are never given credit for ( certainly not by the Govt & certainly not by the taxman).
The clueless opposition is just that, clueless! (A surefire way to get a lot of likes on facebook is to bash Rahul Gandhi or to say complimentary things about our PM. I find so many fb posts about supporting Mr Modi, getting him into the conversation any which way. People have become popular overnight with either Modi-loving or Modi-bashing & Rahul/Sonia-bashing. Such funny times these are!)
Yes, the opposition doesn’t know what to do to change the belief that people have for the Prime Minister. They love him, support him, respect him for trying something unique. They don’t want to believe there’s politics involved. Even if the entire BJP party is caught on camera with hoards of black money the people will not question the PM. With such 24 carat pure gold feelings & support from citizens the least the Govt can do is to think through the entire policy.
Make it easy for hardworking & honest citizens & make life difficult only for the dishonest. But for that we will have to change our relationship with money. Over the years people with wealth have become the benchmark for respect, replacing those with good values & education. If only money is important then money is good by hook or by crook ( usually crook). If that is our mindset then there will always be people taking shortcuts in their quest for money & there will always be black money floating around making the rich richer.
And since I’m a mother who constantly comes up with back up plans for her kids maybe I could suggest a thing or two to the Govt so that they will clear the 2nd attempt at IIT with flying colours-
1) Any politician found to have cash, gold, property above what they should technically own, should be penalized, stripped of whatever berths they have at whatever level.
2) The mint has to do the job that only it is allowed to do without being taxed; that is mint money! To mint enough money so that people don’t have to beg for their own hard earned cash. (If counterfeiters can do the job fast why can’t the mint?).
3) With all the sops that the Govt has given to the people with black money to come clean can we have a list of those people? I’m sure honest people would love to know who these people are because of whom they had to wait in long queues to withdraw their own cash.
4) If apart from Mr Amit Shah you could make public the income of all BJP MLAs & MPs six months prior to November 8.
5) Point number 4 applies to opposition leaders as well & since you have alluded to all the corruption in the last “70 years”, to make public how & how much the opposition leaders own.
6) Please specify the quantum of punishment for any Govt employee who asks for a bribe from us, honest tax paying citizens. Since we can’t complain to the anti corruption bureau against Govt employees what is the option for us?
7) What are the safeguards against our online data being misused. After all, hacking has become so common these days there’s reason to fear a complete cashless society.
8) Please find a solution to the fear that the taxman will terrorise us after being sent on personal vendetta missions; carrying a weighing scale to check the gold in the house?
9) While it’s absolutely necessary to get rid of the blackmoney within our country you should come up with a huge plan to get the black money stacked abroad. Put up the names of these as well as all the bank defaulters on the Govt website. Deter people from doing business with these defaulters. Make their lives miserable even if they are abroad. You are powerful enough to do that.
10) Last but not the least; don’t give deadlines. People will hold you to them. Say that the whole process will take time. 
After all honesty is the only way to fight corruption. 
Be honest. Period.

As fwd via e-mail by naughtilus

IMPORTANCE OF OPTION 1 OF 7TH CPC FOR REVISED PENSION - BIG LOSS IN PENSION IF IT IS DENIED - By N P MOHAN, President, RSCWS

Tuesday, 6 December 2016

Most of the Pre 2016 pensioners will suffer heavy loss in Revised Pension, if the Option 1 recommended by the Seventh CPC is denied to them.

It was after 20 years that 7th CPC recommended parity between past pensioners and those retiring after 1-1-2016 under Option 1 which means consideration of increments earned while in service as detailed in Para 10.1.67 of the Report. This objective of PARITY (Recommended by Commission after examining all factors in depth in Chapter 10) is fulfilled only with the implementation of option 1 without any dilution/deviation. Non implementation of option 1 on the plea of non availability of record in a few cases will have the following adverse effects:

i) Pre 2006 pensioners, in particular, who are victim of modified parity will suffer a much bigger loss compared to the post 2006 retirees because in their case the basic pension which is multiplied by 2.57 in the interim phase takes into accounts their increments before retirement. This aspect has been examined in the case of Pre & Post S 19 pensioner as an example. From the Table 1 given below, it will be clear that the reduction in pension for post 2006 pensioner is of a uniform small magnitude as compared to the loss increasing exponentially with each increment lost in case of pre 2006 pensioner. Similar is the case in other scales also

ii) 7th CPC has considered pre 2016 pensioners as one homogenous group (Para 10.1.53 refers). It means that all pre 2016 pensioners have to be treated alike. But with denial of option 1, pre 2016 pensioners will get divided into two groups i.e. Pre 2006 and Post 2006 Pensioners - which violates the settled law of equality between the equals.

iii) In many cases, Option 3 gives much lower pension compared to option 1 recommended by 7th CPC. This will be clear from Table 2 below. Where a comparison has been made between two options.

Encls: 2 Tables
TABLE- 1 SHOWING LARGE REDUCTION IN REVISED PENSION OF
PRE-2006 PENSIONERS COMPARED WITH POST-2006 PENSIONERS
 IF OPTION 1 IS DENIED ILLUSTRATIVE EXAMPLE OF 
LEVEL 11 (Scale S 19 - PB3)

POST 2006 PENSIONER
PRE 2006 PENSIONER






Incre-ments




Pay 
 with incre
ments @ 3% pa


Corres
ponding Existing pension
(col. 2/2)



Re
vised pen
sion with MFof 2.57


Pen-sion for
L 11 
as per matrix table


Redution 
 in 
pen
sion 
with 
denial
 of 
Option
 1 
(col 5-4)



Revi
sed pen
sion with MF 
of 2.57
Redu
ction 
 in pen
sion 
with denial 
of 
Option 1 
(col 5-7)
1
2
3
4
5
6
7
8
0
25200
12600
32382
33850
1468
32382
1468
1
25956
12978
33353
34850
1497
32382
2468
2
26735
13367
34354
35900
1546
32382
3518
3
27537
13768
35385
37000
1615
32382
4618
4
28363
14181
36446
38100
1654
32382
5718
5
29214
14607
37540
39250
1710
32382
6868
6
30090
15045
38666
40450
1784
32382
8068
7
30993
15496
39826
41650
1824
32382
9268
8
31923
15961
41021
42900
1879
32382
10518
9
32880
16440
42251
44200
1949
32382
11818
10
33867
16933
43519
45550
2031
32382
13168
11
34883
17441
44824
46900
2076
32382
14518
1. From the above table it will be clear, that pre-2006 pensioners, as victims of Modified Parity will stand to lose more in pension compared to post -2006 pensioners if Option 1 of counting increments is not accepted by Govt. 

2. The loss in pension for post 2006 pensioners is in the range of Rs.1700 (from 1468 to a max of 2076 as per col. 6) only and is nearly constant , whereas for pre-2006 pensioners the loss in pension increases by almost Rs.1000/- for every one increment (Refer cols. 6 & 8). 3. For example, the loss suffered in pension of pre 2006 pensioner in losing 5 increments works out to 6868 as against 1710 for post 2006 pensioner. 

N. P. MOHAN 29-9-2016


TABLE 2 SHOWING REVISED PENSION OF SCALE S 29-PB 4
 (LEVEL 14) PENSIONERS OF 4th CPC REGIME WITH & 3RD
 OPTION BASED ON NOTIONAL PAY OF SUCCESSIVE 
PAY COMMISSIONS 

(Para 5 of minutes of meeting held on 6th October, 2016) vs OPTION 1 BASED ON INCREMENTS EARNED







Pay
 on retire
ment






Noti
onal pay-5th CPC




Notional 
 pay-6th CPC
(Fitment table-6th CPC)



Notional 
 pay-7th CPC
 with 
MF OF 2.57-
3rd option
(col.3 xMF)
Operative 
 Pay 
of col.
 4 in 
the 
next 
cell of 
pay matrix
(MOF OM dt 25-7-2016)




Pay 
 based on option
 1 with incre
ments
 ( as per pay matrix)





Pension 
 as per option 3
(col.5/2)





Pen
sion as per option 
1
(col.6/2)
Loss of 
Revised pension 
if Option 
1 is not 
given 
Diffe
rence between 
Option 1 & 3)(col.8-7)
1
2
3
4
5
6
7
8
9
5900
18400
54700
140579
144200
144200
72100
72100
0
6100
18400
54700
140579
144200
148500
72100
74250
2150
6300
18400
54700
140579
144200
153000
72100
76500
4400
6500
18900
56050
144049
144200
157600
72100
78800
6700
6700
18900
56050
144049
144200
162300
72100
81150
9050
6900
18900
56050
144049
144200
167200
72100
83600
11500
7100
19400
56050
144049
144200
172200
72100
86100
14000
7300
19400
56050
144049
144200
177400
72100
88700
16600
NOTE: 1.3rd Option is not suitable at all. The loss in pension is clear from col. 9. 

2. Notional pay in 6th CPC in col. 3 has been taken from the Fitment table issued by MOF (DOE) on 30-8-2008. 

- Compiled by: N. P. MOHAN 24-10-2016

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