Why HBA is better than House Loan granted by PSU banks?

It is a fact that after implementation of Sixth Pay Commission recommendations House Building Advance (called as HBA) granted by Central Government to its employees lost its charm as it is no longer a house loan commensurate with the present cost of construction.

Click here to Read GConnect article for details of HBA Scheme revision after 6CPC

The very term “pay in pay band” put in the place of “Basic Pay” after 6cpc implementation has made most of the damage as it has reduced the eligible amount of HBA. Alternatively, Pay in Pay band plus Grade pay should have been taken for calculation of eligible amount of HBA, as Pay in pay band + Grade pay form the Basic Pay of an employee after 6CPC for all purposes (For example DA, HRA, NPA etc are calculated only based on pay in pay band + grade pay).

So, it is a common grievance of all Central Government Employees that HBA should be based pay in band and Grade Pay.

The remaining damage for reduction of eligible amount of HBA are done by the conditions after 6CPC that Maximum ceiling of HBA is Rs.7.5 lakhs and that number of times of pay in pay band taken for calculating eligible HBA amount is 34 times only.

Why HBA is better than House Loan granted by PSU banks?

The very reason for which a Central Government Employee wanted to go for HBA rather than house loan granted by all PSU Banks and financial Institutions is the rate of interest charged for House Loan. While House Building Advance Scheme of Central Government charges interest ranging from 6.5% to 9.5% from the year 2003 depending on HBA amount sanctioned, PSU banks or financial institutions charge not less than 10.5 % presently. The other major benefit in the House Building Advance Scheme is the Quantum of monthly recovery. While PSU Banks recovers part of Principal and Interest at the same time on monthly basis which is called as EMI, HBA Scheme allows for recovery of principal amount only, for a period up to 180 months and interest thereafter for a period not exceeding 60 months. So, the quantum of monthly recovery amount for a particular loan amount under HBA scheme would be very lesser than EMI charged for same Loan amount taken from PSU banks.

We hope Government would come up with suitable amendments to rectify this common grievance of central government employees soon.

In fact, as per 6CPC recommendations the existing HBA scheme should be replaced with a New HBA Scheme as per which Government should tie up with leading PSU Banks for grant of housing loan at competitive rates to Central Government Employees and out of the interest charged by the banks for the housing loan, 2% of the interest should be subsidized by the Central Government (In the case of employees with disability the interest subsidy will be 4%).

However, this new HBA scheme is yet take off and in the mean time Ministry of Urban Development has issued Office Memorandum No: I-17011/11(4)/2008-H.III dated 27.11.2008 for revision in house building advance in which Maximum ceiling for cost of construction, HBA amount ceiling and number of times of pay in pay band to calculate eligible HBA have been revised to Rs.30 lakhs, Rs.7.5 lakhs and 34 times of pay in pay band respectively.

Click here to Read GConnect article for details of HBA Scheme revision after 6CPC

Revised Pay Structure of Official Language Staffs

Finance Ministry has approved the revised pay structure of Official Language Staff (Rajbhasha Sahayaks).

Rajbasha Sahayaks are now at par with Jr.Translator of CSOLS:

It is also agreed by Finance Ministry to upgrade the Grade pay of Rajbhasha Sahayks Gr.II from Rs.2800 in PB-1 to that of Grade Pay of Rs.4200 in PB-2 and its merger with Rajbhahasha Sahayaks Gr.1.

Rajbhasha staff of Zonal Railways are to be treated at par with their counterpart in CSOLS.

The following conditions have been imposed by Finance Ministry to to keep Rajbhasha staff of Railways at part with Hindi Translators in CSOLS

i). The future recruitment in the grade of Rajbhasha Sahayak would be made through 100% by direct recruitment.

ii). The educational qualification of the entry Grade (Rajbhasha Sahayak) may be kept as Master’s Degree at par with Jr. Hindi Translator of CSOLS.

iii). The necessary amendments may be made in the RRs and all future recruitment would be done based on such amended RRs.

iv). The grade of Rajbhasha Sahayak Gr.II would be phased out by placing the existing incumbents who possess the prescribed educational qualification in the higher grade and for those who do not possess the requisite qualification be placed in the higher grade only on completion of 6 years of regular service in the lower grade.

v). The benefit may be extended on prospective basis.

It may be recalled that AIRF and NFIR had indicated in their website about this order in their website last week. It was informed by these associations that Rajbhasha Sayaks are to get grade pay of Rs.4200 with effect from 01.01.2006.

Click here for AIRF and NFIR announcement of revised pay structure to Rajbhasha Sayaks

However, it could be noticed from the Finance Ministry Office Memorandum 36(1)/E.III(B)/2011 dated 01.08.2012, benefits of this revised pay structure to Official Language Staff Indian Railways are to be extended on prospective basis.

Download Official Order

EXPECTED DA FROM JULY 2012 for CG Staff and Pensioners

Expecting period more than six months is now over, the Dearness allowance  and Dearness relief for existing employees and pensioners will be enhaced by 7% from the current rates and it will become the total of 72% form July this year.

As per the statistics of All India Consumer Price Index Numbers released by the Labour Bureau for the month of June 2012, the index raised by two points and stood at 208 points. Thus, the DA and DR calculation is completed and may be finalized in the Cabinet Committee meeting, which will be held at second week of September 2012.

The below table denotes the calculation for the month of June 2012.

Month/Year	AICPIN	Total of 12 Months	12 Months average	% Increase over 115.763	App. DA	DA %
June -2012	208	2395	199.58	83.82	72.41	72

New Scheme of Special Dispensation Admission in KendrIya Vìdyalayas

KENDRIYA VIDYALAYA SANGATHAN

F.No.110331/02/2012-KVS(Hq.)/Sp.Disp.IMP

Dated: 20.07.2012

OFFICE MEMORANDUM

Subject: New Scheme of Special Dispensation Admission in KendrIya Vìdyalayas

Consequent upon the approval of the Board of Governors of KVS in the 93rd Meeting held on 12th July 2012, the New Scheme of Special Dispensation Admission for Members of Parliament for recommending names for admission in Kendriya Vidyalayas (in lieu of the existing scheme), comes into vogue with immediate effect with the following features :

(i) Each MP can refer 06 (six) cases for admission under the Scheme in an academic year but such recommendations shall be confined to children whose parents belong to his constituency either by domicile or on account of having been soon-before posted there or else on account of exigencies of service migrate to his constituency. Such recommendations would be for admissions in Kendriya Vidyalayas located in his constituency only. In case there is no Kendriya Vidyalaya in the constituency of the Hon’ble MP (Lok Sabha), he/she may recommend these admissions in the Kendriya Vidyalaya(s) located in any neighbouring contiguous constituency. For Members of the Rajya Sabha, the state from which the member has been elected would be deemed to be his constituency for this purpose. Nominated members of the Rajya Sabha and Lok Sabha can recommend 06 cases for admission in any one or more Kendriya Vidyalayas of the country.

ii) These admissions shall be over and above the class strength.

iii) These recommendations would be made for all classes except pre-primary, and classes Xth and XIIth.

iv) These admissions would be made at the beginning of the academic year and no admission would be allowed after the prescribed cut off date (i.e. 31st July) of the year.

v) The recommendations to be made shall be valid only If these are made in the prescribed format provided to each Member of Parliament by KVS(HQ). Recommendations sent in any other format/manner shall not be considered.

vi) The children recommended by Hon’ble Members of Parliament must be otherwise eligible for admission as per the extant KVS Admission Guidelines.

sd/-

(Avinash Dikshit)

Commissioner

Source: www.kvsangathan.nic.in

[Original Memorandum]

List of Private Hospitals, Labs and Imaging Centres approved by CGHS

Citywise list of Private Hospitals, Labs and Imaging Centres approved by CGHS as on 23rd February 2012

DELHI

AHMEDABAD

ALLAHABAD

BENGALURU

BHOPAL

BHUBANESHWAR

CHANDIGARH

CHENNAI

DEHRADUN

GUWAHATI

HYDERABAD

JAIPUR

JABALPUR

KANPUR

KOLKATA

LUCKNOW

MEERUT

MUMBAI

NAGPUR

PATNA

PUNE

RANCHI

THIRUVANANTHAPURAM

Bill for quota to SC/STs in promotions to be introduced

Govt is planning to introduce bill for quota to SC/STs in promotions. This was announced by Minister of state for PMO V Narayansamy at the Upper House. He said that the bill will be brought in this regard on August 22 after an all-party meeting, which will discuss the issue on August 21.

The Lok Sabha was totally disrupted minutes after convening today as members vociferously demanded that government bring a Constitution amendment bill for reservation in promotion of SCs and STs in jobs. In the Lok Sabha, SP and BSP members trooped to the Well as soon as the House met for the day demanding reservation for SC/STs in promotions in government jobs.

The move comes three months after the Supreme Court ruling that the reservation-based promotions for Scheduled Castes (SC), Scheduled Tribes (STs) and Other Backward Classes (OBCs) in government jobs were unconstitutional. Supreme Court had set aside the 2008 decision of then Mayawati government in Uttar Pradesh to provide reservation benefits for SCs, STs and OBCs in promotions. 

Central Civil Services(Revised Pay) Rules, 2008-Date of next increment in the revised pay structure under Rules 10 of the CCS(RP) Rules, 2008.

Original Order

AIS(LTC) Rules, 1975 - application of relaxation under CCS Rules to visit North Eastern States and J and K in lieu of one LTC (Home Town)

No.11022/2/2008-AIS-11 

Government of India 

Ministry of Personnel, Public Grievances and Pensions 

Department of Personnel and Training 

North Block, New Delhi-110001 

Dated, the 29th  June, 2012. 

To
The Chief Secretaries of all the
State Governments and UTs.

Subject: AIS(LTC) Rules, 1975 — application of relaxation under CCS Rules to visit North Eastern States and J&K in lieu of one LTC(Home Town) - reg.

I am directed to enclose herewith copies of the instructions contained in this Department's O.M. No.31011/4/2007-Est(A), dated 30th  April, 2012 and O.M. No.31011/2/2003-EstLA-IV, dated 15 th June, 2012 regarding extension of relaxation to visit North Eastern States and J&K for a further period of two years and to say that the said instructions may also be invoked in respect of All India Services officers in respective State cadres under the provisions contained in rule 3 of All India Services(Leave Travel Concession) Rules, 1975.

Yours faithfully,

(Deepti Uma hankar)
Director(Services)

Encl:-As above.

Copy to:-
All Ministries/Departments of the Government of India.

(Deepti Umashankar)

Original PDF Version