Tuesday, 27 January 2015

Base Year Revision of Consumer Price Index (CPI)

The Central Statistics Office (CSO) releases Consumer Price Indices (CPI) for Rural, Urban and Combined, at State/UTs and all India level, w.e.f. January 2011. The Base Year of this series of CPI is 2010=100 and weighting diagrams are based on the results of Consumer Expenditure Survey (CES) 2004-05.
2. Now the CSO is in the process of revising the Base Year from 2010=100 to 2012=100. The weighting diagrams have been prepared on the basis of the results of CES (2011-12). With this revision, the gap between Price Reference Year (Base Year) and the Weight Reference Year has been minimized. Apart from this, a number of methodological improvements have been introduced in the revised series, which are as follows:
Weighting diagrams have been prepared using the Modified Mixed Reference Period (MMRP) data of CES (2011-12), to make consistent with the international practice of shorter reference period for most of the food items and larger reference period for the item of infrequent consumption/purchased. In the old series (Base Year 2010=100), Uniform Reference Period (URP) data were used.
In the existing series of CPI, COICOP (Classification of Individual Consumption According to Purpose), an international standard classification, is being followed broadly, whereas in the revised series, it would be completely followed, except a few deviations which are necessary for Indian context.
The Geometric Mean, instead of Arithmetic Mean being used in the old series, of the price relatives with respect to base prices would be used to compile elementary/item indices.
In case of PDS items, prices of Antyodaya Anna Yojanna (AAY) have also been included in addition to Above Poverty Line (APL) & Below Poverty Line (BPL) prices being taken in the existing series.
3. Due to change in the consumption pattern from 2004-05 to 2011-12, the weighting diagrams (Share of expenditure to total expenditure) have changed. A comparison of weighting diagrams of the existing and revised series is given in the table below:
Table: Comparison of weighting diagrams of the existing and revised series of CPI

4. In the CES (2011-12), some of the items of CES (2004-05) were dropped from the schedule and a few new items were added. Market survey was conducted to identify shops, fix specifications and collect prices of the new items. Based on the availability of prices, a few new items have been included in the revised series. At the same time, some of items of the existing series have been dropped, in respect of which, prices have not been reported for quite a long period of time. Accordingly, the number of priced items has changed from 437 to 448 in rural and from 450 to 460 in urban at all India level. The number of priced items varies from State to State. If a particular item has occurred in any State, that item has been considered in the All India item basket. In the revised series, 11 new priced items have been added, without dropping any item, in rural sector at all India level. In case of Urban, 7 priced items have been dropped and 17 new priced items have been added.
5. Adopting the aforementioned improvements in methodologies, the first series (revised) would be compiled for the month of January 2015 and released on 12th February 2015. In order to estimate the old series of CPI, using the revised series, a linking factor would be provided. The year on year inflation rates for each month of 2015 would be compiled and released, with the respective press release, using the Linking Factor. From January 2016 onwards, the inflation rates would be compiled using the actual CPI of the revised series, as the indices for a given month of the year 2015 and 2016.

21ST AIC OF NAPE-C

21st All India Conference of National Association of Postal Employees, Group C   inaugurated  in a grand manner with its open session on 20th january 2015 at Nehru House of Culture, Bhilai Steel Plant.  Sri Y.P.Roy, CPMG was the chief guest. The other speakers in the open session are 
S/shri D.Theagarajan, SG FNPO 
D.Kishan Rao, GS NAPE Gr C 
P.U.Muralidharan, GS NUGDS, 
Gulam Rabbani, President, NUPM & MTS, 
Dr Ashish kumar Thakur, SSP Durg,   
Sanjay Pathak Congress Committee, 
Subhash Sharmaji, GS Congress Committee, 
D.Vijaya Kumar INTUC, 
Smt Seetha Saroji, President City Muncipal Council, 
Sunil Pandey CS NUR C, and  P.S. Babu Ex GS NAPEC.

On 21.01-2014 the Subject committee meeting was commenced.  335 delegates from 223 divisions are participated.

The Subject Committee discussed the New developments in the department and 7th CPC issues, Task Force committee recommendations and formulated resolutions
Sri D.Kishan Rao and CWC members guided the house.

The Subject Committee was addressed by SG, FNPO, 
GS, NUGDS. On 22-01-2015
அகில இந்திய துணை பொது செயலாளர் Shri Saravanan உடன் நமது கோட்ட செயலாளர்
மாநாட்டில் பங்கு பெற்ற நமது மாநில சார்பாளர்களில் சிலர்


                 அகில இந்திய மகளிர் குழுவின் ஒருங்கிணைப்பாளராக  தேர்ந்தெடுக்க பட்ட                 நமது மாநில தோழியர் விஜயலக்ஷ்மியுடன் மற்ற தோழியர்
மாநாட்டு மேடையில் தலைவர்கள்
மாநாட்டு ஊர்வலத்தில் பங்கு பெற்ற மகளிர்


மாநாட்டு தொடக்கத்தில் இடம் பெற்ற நாட்டுப்புற பக்தி பஜன்

பொது அரங்கில் ஊழியர்கள் மற்றும் சிறப்பு விருந்தினர்கள்

மாநாட்டு அரங்கில் பொது குழு  உறுப்பினர்கள்

பொது செயலரின் உரை
புதிய நிர்வாகிகள் வெற்றி மாலையுடன்.
The elections were conducted and the following office bearers were elected unanimously.




1.   President                          1.         Rajat S Das,Asst Supdt Foreign Post,[Kolkata]

                                                2.         V.S.Singh,Sultanpur[,U.P]

                                             

2.   Vice President                  1.         N.K. Pandya, SPM, Raigadh,[ Gujarat]

                                                2.        F.A Reshi,PM Grade I.LalChowk,Srinager[ J&K]



3.  General Secretary                        D.KISHAN RAO,PA,Khairatabad HO,Hyderabad[ AP]



4.Asst.General Secretaries     1.        B.Shivakumar,P.A. Basavanagudi HO[,Karnataka]

                                                  2.       Johnson Avokkaran, OA.PSD,Thrissur[,Kerala]

                                                  3.       R.N.Deore,PA,Malegaon,[Maharastra]

                                                  4.       R.Saravanan,PA, Tiruvannamalai HO[ T.N] 

                                                  5.       Ajay KR Sharma PA Patna GPO [Bihar]



6. Financial Secretary                       Shri Bhagwan Accountant, Delhi GPO [DELHI]

    

7. Asst Financial Secretary             Harish Kumar Sharma. P.A, Mohali, Chandigarh

                                                            (Punjab).



8. Organizing Secretaries        1.       Vasireddi Sivaji, PA Sattenapalli [AP]

                                                   2.      S. Samson, Motilal Nehrunagar, Bhilai(Chattisgarh)

                                                   3.      P.Jaiswal, PA, Vijayanagar SO Indore City [MP]

Central Trade Unions submits Joint Memorandum to FM


17th January 2015
The Hon’ble Minister of Finance, Govt. of India,
North Block, New Delhi


Dear Sir,
We thank you for inviting the central trade unions representing the working people in the country in both organized and unorganized sector for this pre-budget consultation.

In the previous pre-budget consultation meeting with you held on 6th June 2014, we urged upon you to please consider a directional change in the economic policy regime from that pursued during the previous government which, you have also admitted, had landed the country’s economy in a bad situation. In fact, we had articulated our views and proposals on that premise. But we like to submit candidly that our proposals did not receive a positive response and the economic policies followed the same trajectory and made situation worse for the mass of the people during the intervening period.

Sir, the Mid Term Economic Analysis (2014-15) by Govt of India itself admitted that for the period under review despite increase in GDP growth rate, and a much bigger increase in profit of the corporate sector and big business lobby, the wages for the working people who actually create the GDP in both rural and urban areas plunged on the average. Overall standard of living of people deteriorated and unemployment situation in the country has not improved in the least. Much more jobs were lost owing to closure/lockout, retrenchment than created during the intervening period. And in the midst of such situation, the Govt has already decided to cut already budgeted expenditure in the social sector such as MNREGA, Health, Education etc which we strongly deplore. Such a phenomenon warranted serious reconsideration on directional change in the economic policy regime and we again urge you for the same.

We express our serious concern and dismay over the manner the Govt have been pushing various major economic policy related decisions through promulgation of Ordinances. At least eight Ordinances were promulgated during last eight months of the new Govt. We record our determined opposition to such practice of Ordinance route of governance. In particular we also oppose the Ordinance on coal sector, insurance sector and on Land Acquisition Act and want you to please take note of the rousing opposition and struggles by the workers and the farmers against such disastrous exercises. We demand all such Ordinances should be withdrawn forthwith.

We wish that our candid observations, considered views and concrete proposals are taken in the right spirit and responded with all seriousness and given appropriate reflections in the ensuing budget 2014-15.
Our proposals:
Some of these specific proposals have time and again been placed by us in various policy making fora including the earlier pre-budget consultations. However, we would like to reiterate them, urging your positive response:
Take effective measures to arrest the spiraling price rise and to contain inflation; Ban speculative forward trading in commodities; Universalise and strengthen the Public Distribution System; Ensure proper check on hoarding; Rationalise, with a view to reduce the burden on people, the tax/duty/cess on petroleum products.
There must be massive investment in the infrastructure in order to stimulate the economy for job creation. The Mid Term Economic Analysis(2014-15) published by Govt of India has clearly mentioned about the failure of the PPP experiments in infrastructure development and opined for public investment. It is our considered view that the Public sector should take the leading role in this regard. The plan & non-plan expenditure should be increased in the budget to stimulate jobs creation and guarantee consistent income to people.
Minimum wage linked to Consumer Price Index must be guaranteed to all workers, taking into consideration the recommendations of the 15th Indian Labour Conference as enriched by Apex Court of the country as reiterated in 44th ILC in 2012. In any case, it should not be less than Rs.15,000/- p.m.
FDI should not be allowed in crucial sectors like defence production, telecommunications, Railways, financial sector, retail trade, education, health and media.
The public sector units played a crucial role during the year of severe contraction of private capital investment immediately following the outbreak of global financial crisis. PSUs should be strengthened and expanded. Disinvestment of shares of profit making public sector units should be stopped forthwith. Budgetary support should be given for revival of potentially viable Sick CPSUs
In view of huge joblosses and mounting unemployment problem, the ban on recruitment in Govt. deptts, PSUs and autonomous institutions (including recent Finance Ministry’s instruction to abolish those posts not filled for one year) should be lifted as recommended by 43rdSession of Indian Labour Conference. Condition of surrender of posts in govt. departments and PSUs should be scrapped and new posts be created keeping in view the new work and increased workload.
§ Proper allocation of funds be made for interim relief of 20% and 100% DA merge with basic pay and allowances including neutralization percentage be paid on merged DA in view of 7th CPC to all Govt. employees. Similarly, 100% DA of PSU employees be also merged with basic pay.
The scope of MGNREGA be extended to agriculture operations and urban areas as well and employment for minimum period of 200 days with guaranteed statutory wage be provided, as unanimously recommended by 43rd Session of Indian Labour Conference. The drastic cut already inflicted on the MNREGA allocation should be restored.
The massive workforce engaged in ICDS, Mid-day meal scheme, Vidya volunteers, Guest Teachers, Siksha Mitra, the workers engaged in the Accredited Social Health Activities (ASHA) and other schemes be regularized. No to privatization of centrally funded schemes. Universalisation of ICDS be done as per Supreme Court directions by making adequate budgetary allocations.
Steps be taken for removal of all restrictive provisions based on poverty line in respect of eligibility coverage of the schemes under the Unorganised Workers Social Security Act 2008 and allocation of adequate resources for the National Fund for Unorganised Workers to provide for Social Security to all unorganized workers including the contract/casual and migrant workers in line with the recommendations of Parliamentary Standing Committee on Labour and also the 43rd Session of Indian Labour Conference.
Remunerative Prices should be ensured for the agricultural produce and Govt. investment public investment in agriculture sector must be substantially augmented as a proportion of GDP and total budgetary expenditure. It should also be ensured that benefits of the increase reach the small, marginal and medium cultivators only;
Budgetary provision should be made for providing essential services including housing, public transport, sanitation, water, schools, crèche health care etc. to workers in the new emerging industrial areas. Working women’s hostels should be set up where there is a concentration of women workers.
Requisite budgetary support for addressing crisis in traditional sectors like Jute, Textiles, Plantation, Handloom, Carpet and Coir etc.
Budgetary provision for elementary education should be increased, particularly in the context of the implementation of the ‘Right to Education’ as this is the most effective tool to combat child labour.
The system of computation of Consumer Price Index should be reviewed as the present index is causing heavy financial loss to the workers.
Income Tax exemption ceiling for the salaried persons should be raised to Rs.5 lakh per annum and fringe benefits like housing, medical and educational facilities and running allowances, Railways Running Staff and a staff in other deptts should be exempted from the income tax net in totality.
Threshold limit of 20 employees in EPF Scheme be brought down to 10 as recommended by CBT-EPF. Pension benefits under EPS unilaterally withdrawn by the Govt. should be restored. Govt. and Employers contribution be increased to allow sustainability of Employees Pension Scheme and for provision of minimum pension of Rs.3000/- p.m.
New Pension Scheme be withdrawn and newly recruited employees of central and state govts on or after 1.1.2004 be covered under Old Pension Scheme;
Demand for Dearness Allowance merger by Central Govt. and PSUs employees be accepted and adequate allocation of fund for this be made in the budget;
All interests and social security of the domestic workers to be statutorily protected on the lines of the ILO Convention on domestic workers.
The Cess Management of the construction workers is the responsibility of the Finance Ministry under the Act and the several irregularities found in collection of cess be rectified as well as their proper utilization must be ensured.
In regard to resource mobilization, we would like to emphasize the following:
A progressive taxation system should be put in place to ensure taxing the rich and the affluent sections who have the capacity to pay at a higher degree. The corporate service sector, traders, wholesale business, private hospitals and institutions etc. should be brought under broader and higher tax net. Increase taxes on luxury goods and reduce indirect taxes on essential commodities as at present the overwhelming majority of the populations are subjected to Indirect taxes that constitute 86% of the revenue.
§ Concrete steps must be taken to recover huge accumulated unpaid tax arrears which has already crossed more than Rs.5 lakh crore on direct and corporate tax account alone, and has been increasing at a geometric proportion. Such huge tax-evasion over and above the liberal tax concessions already given in the last two budgets should not be allowed to continue.
The SIT constituted for unearthing black money must deliver visible result which is yet to be seen. Effective measures should be taken to unearth huge accumulation of black money in the economy including the huge unaccounted money in tax heavens abroad and within the country. Finance Minister should make provisions to bring back the illicit flows from India which are at present more than twice the current external debt of US $ 230 billion. This money should be directed towards providing social security.
Concrete measures be expedited for recovering the NPAs of the banking system which is on the increasing trend again from the willfully defaulting corporate and business houses. By making provision in Banking Regulations Act, CMDs and Executives to be made accountable for creation of NPAs.
Tax on Long term capital gains to be introduced; so also higher taxes on the security transactions to be levied.
The rate of wealth tax, corporate tax, gift tax etc. to be expanded and enhanced.
ITES, outsourcing sector, Educational Institutions and Health Services etc. run on commercial basis should be brought under Service Tax net. Govt.
Small saving instruments under postal and other agencies be encouraged by incentivizing commission agents of these scheme
OUR SERIOUS CONCERN:
We would like to express our strong resentment that the previous Govt. failed to positively respond to the collective voice of the Central Trade Unions on the very important issues concerning the working people of India, both organized and unorganized, consistently repeated in the form of a ‘10 point charter’ backed by several collective nationwide programmes. We expect that this Govt. will take initiative to discuss these issues with the Central Trade Unions in order to find a solution.
We also express our opposition to the so called Banking Reforms encouraging private sector/capitalists banking at the cost of public sector banks which saved the economy to an extent during the last global financial meltdown. We also oppose increase in limit of FDI and disinvestment of equity in insurance sector and FDI in pension. We strongly oppose the FDI in Defence and Retail Sector. Several such measures against the working men and women in this country including anti workers proposals contained in the New Manufacturing Policy have our strong opposition, as in our experience these kinds of measures have helped the growth of only a small section of the capitalists while the larger sections of the working population continue to be marginalized and impoverished.
We also oppose the hectic measures of changing labour laws in the name of labour reform both by the central and the state governments which are basically aimed at legitimizing ongoing widespread violations by the employers’ class and also throw out overwhelming majority of the workforce of the purview of the labour laws themselves at the total mercy of the employers.
POST BUDGET MEETING WITH TRADE UNIONS
Successive Finance Ministers have agreed to hold post budget meetings / consultations with the central trade unions. However, it has not been materialized except for one occasion. We understand such meetings did take place with the Corporate Associations/Employers Federations. We would like to importunate upon you to arrange such post budget meeting with trade unions also.
With regards,
Yours sincerely

Points submitted by Central Trade Union for Pre Budget Meeting with FM
The Hon’ble Minister of Finance, Govt. of India,
North Block, New Delhi
Dear Sir,
We thank you for inviting the central trade unions representing the working people in the country in both organized and unorganized sector for this pre-budget consultation.
In the previous pre-budget consultation meeting with you held on 6th June 2014, we urged upon you to please consider a directional change in the economic policy regime from that pursued during the previous government which, you have also admitted, had landed the country’s economy in a bad situation. In fact, we had articulated our views and proposals on that premise. But we like to submit candidly that our proposals did not receive a positive response and the economic policies followed the same trajectory and made situation worse for the mass of the people during the intervening period.
Sir, the Mid Term Economic Analysis (2014-15) by Govt of India itself admitted that for the period under review despite increase in GDP growth rate, and a much bigger increase in profit of the corporate sector and big business lobby, the wages for the working people who actually create the GDP in both rural and urban areas plunged on the average. Overall standard of living of people deteriorated and unemployment situation in the country has not improved in the least. Much more jobs were lost owing to closure/lockout, retrenchment than created during the intervening period. And in the midst of such situation, the Govt has already decided to cut already budgeted expenditure in the social sector such as MNREGA, Health, Education etc which we strongly deplore. Such a phenomenon warranted serious reconsideration on directional change in the economic policy regime and we again urge you for the same.
We express our serious concern and dismay over the manner the Govt have been pushing various major economic policy related decisions through promulgation of Ordinances. At least eight Ordinances were promulgated during last eight months of the new Govt. We record our determined opposition to such practice of Ordinance route of governance. In particular we also oppose the Ordinance on coal sector, insurance sector and on Land Acquisition Act and want you to please take note of the rousing opposition and struggles by the workers and the farmers against such disastrous exercises. We demand all such Ordinances should be withdrawn forthwith.
We wish that our candid observations, considered views and concrete proposals are taken in the right spirit and responded with all seriousness and given appropriate reflections in the ensuing budget 2014-15.
Our proposals:
Some of these specific proposals have time and again been placed by us in various policy making fora including the earlier pre-budget consultations. However, we would like to reiterate them, urging your positive response:
Take effective measures to arrest the spiraling price rise and to contain inflation; Ban speculative forward trading in commodities; Universalise and strengthen the Public Distribution System; Ensure proper check on hoarding; Rationalise, with a view to reduce the burden on people, the tax/duty/cess on petroleum products.
There must be massive investment in the infrastructure in order to stimulate the economy for job creation. The Mid Term Economic Analysis(2014-15) published by Govt of India has clearly mentioned about the failure of the PPP experiments in infrastructure development and opined for public investment. It is our considered view that the Public sector should take the leading role in this regard. The plan & non-plan expenditure should be increased in the budget to stimulate jobs creation and guarantee consistent income to people.
 Minimum wage linked to Consumer Price Index must be guaranteed to all workers, taking into consideration the recommendations of the 15th Indian Labour Conference as enriched by Apex Court of the country as reiterated in 44th ILC in 2012. In any case, it should not be less than Rs.15,000/- p.m.
FDI should not be allowed in crucial sectors like defence production, telecommunications, Railways, financial sector, retail trade, education, health and media.
 The public sector units played a crucial role during the year of severe contraction of private capital investment immediately following the outbreak of global financial crisis. PSUs should be strengthened and expanded. Disinvestment of shares of profit making public sector units should be stopped forthwith. Budgetary support should be given for revival of potentially viable Sick CPSUs
 In view of huge joblosses and mounting unemployment problem, the ban on recruitment in Govt. deptts, PSUs and autonomous institutions (including recent Finance Ministry’s instruction to abolish those posts not filled for one year) should be lifted as recommended by 43rdSession of Indian Labour Conference. Condition of surrender of posts in govt. departments and PSUs should be scrapped and new posts be created keeping in view the new work and increased workload.
 Proper allocation of funds be made for interim relief of 20% and 100% DA merge with basic pay and allowances including neutralization percentage be paid on merged DA in view of 7th CPC to all Govt. employees. Similarly, 100% DA of PSU employees be also merged with basic pay.
 The scope of MGNREGA be extended to agriculture operations and urban areas as well and employment for minimum period of 200 days with guaranteed statutory wage be provided, as unanimously recommended by 43rd Session of Indian Labour Conference. The drastic cut already inflicted on the MNREGA allocation should be restored.
 The massive workforce engaged in ICDS, Mid-day meal scheme, Vidya volunteers, Guest Teachers, Siksha Mitra, the workers engaged in the Accredited Social Health Activities (ASHA) and other schemes be regularized. No to privatization of centrally funded schemes. Universalisation of ICDS be done as per Supreme Court directions by making adequate budgetary allocations.
 Steps be taken for removal of all restrictive provisions based on poverty line in respect of eligibility coverage of the schemes under the Unorganised Workers Social Security Act 2008 and allocation of adequate resources for the National Fund for Unorganised Workers to provide for Social Security to all unorganized workers including the contract/casual and migrant workers in line with the recommendations of Parliamentary Standing Committee on Labour and also the 43rd Session of Indian Labour Conference.
 Remunerative Prices should be ensured for the agricultural produce and Govt. investment public investment in agriculture sector must be substantially augmented as a proportion of GDP and total budgetary expenditure. It should also be ensured that benefits of the increase reach the small, marginal and medium cultivators only;
 Budgetary provision should be made for providing essential services including housing, public transport, sanitation, water, schools, crèche health care etc. to workers in the new emerging industrial areas. Working women’s hostels should be set up where there is a concentration of women workers.
 Requisite budgetary support for addressing crisis in traditional sectors like Jute, Textiles, Plantation, Handloom, Carpet and Coir etc.
 Budgetary provision for elementary education should be increased, particularly in the context of the implementation of the ‘Right to Education’ as this is the most effective tool to combat child labour.
 The system of computation of Consumer Price Index should be reviewed as the present index is causing heavy financial loss to the workers.
 Income Tax exemption ceiling for the salaried persons should be raised to Rs.5 lakh per annum and fringe benefits like housing, medical and educational facilities and running allowances, Railways Running Staff and a staff in other deptts should be exempted from the income tax net in totality.
 Threshold limit of 20 employees in EPF Scheme be brought down to 10 as recommended by CBT-EPF. Pension benefits under EPS unilaterally withdrawn by the Govt. should be restored. Govt. and Employers contribution be increased to allow sustainability of Employees Pension Scheme and for provision of minimum pension of Rs.3000/- p.m.
 New Pension Scheme be withdrawn and newly recruited employees of central and state govts on or after 1.1.2004 be covered under Old Pension Scheme;
 Demand for Dearness Allowance merger by Central Govt. and PSUs employees be accepted and adequate allocation of fund for this be made in the budget;
All interests and social security of the domestic workers to be statutorily protected on the lines of the ILO Convention on domestic workers.
 The Cess Management of the construction workers is the responsibility of the Finance Ministry under the Act and the several irregularities found in collection of cess be rectified as well as their proper utilization must be ensured.
In regard to resource mobilization, we would like to emphasize the following:
A progressive taxation system should be put in place to ensure taxing the rich and the affluent sections who have the capacity to pay at a higher degree. The corporate service sector, traders, wholesale business, private hospitals and institutions etc. should be brought under broader and higher tax net. Increase taxes on luxury goods and reduce indirect taxes on essential commodities as at present the overwhelming majority of the populations are subjected to Indirect taxes that constitute 86% of the revenue.
 Concrete steps must be taken to recover huge accumulated unpaid tax arrears which has already crossed more than Rs.5 lakh crore on direct and corporate tax account alone, and has been increasing at a geometric proportion. Such huge tax-evasion over and above the liberal tax concessions already given in the last two budgets should not be allowed to continue.
 The SIT constituted for unearthing black money must deliver visible result which is yet to be seen. Effective measures should be taken to unearth huge accumulation of black money in the economy including the huge unaccounted money in tax heavens abroad and within the country. Finance Minister should make provisions to bring back the illicit flows from India which are at present more than twice the current external debt of US $ 230 billion. This money should be directed towards providing social security.
 Concrete measures be expedited for recovering the NPAs of the banking system which is on the increasing trend again from the willfully defaulting corporate and business houses. By making provision in Banking Regulations Act, CMDs and Executives to be made accountable for creation of NPAs.
 Tax on Long term capital gains to be introduced; so also higher taxes on the security transactions to be levied.
The rate of wealth tax, corporate tax, gift tax etc. to be expanded and enhanced.
ITES, outsourcing sector, Educational Institutions and Health Services etc. run on commercial basis should be brought under Service Tax net. Govt.
 Small saving instruments under postal and other agencies be encouraged by incentivizing commission agents of these scheme
OUR SERIOUS CONCERN:
We would like to express our strong resentment that the previous Govt. failed to positively respond to the collective voice of the Central Trade Unions on the very important issues concerning the working people of India, both organized and unorganized, consistently repeated in the form of a ‘10 point charter’ backed by several collective nationwide programmes. We expect that this Govt. will take initiative to discuss these issues with the Central Trade Unions in order to find a solution.
We also express our opposition to the so called Banking Reforms encouraging private sector/capitalists banking at the cost of public sector banks which saved the economy to an extent during the last global financial meltdown. We also oppose increase in limit of FDI and disinvestment of equity in insurance sector and FDI in pension. We strongly oppose the FDI in Defence and Retail Sector. Several such measures against the working men and women in this country including anti workers proposals contained in the New Manufacturing Policy have our strong opposition, as in our experience these kinds of measures have helped the growth of only a small section of the capitalists while the larger sections of the working population continue to be marginalized and impoverished.
We also oppose the hectic measures of changing labour laws in the name of labour reform both by the central and the state governments which are basically aimed at legitimizing ongoing widespread violations by the employers’ class and also throw out overwhelming majority of the workforce of the purview of the labour laws themselves at the total mercy of the employers.
POST BUDGET MEETING WITH TRADE UNIONS
Successive Finance Ministers have agreed to hold post budget meetings / consultations with the central trade unions. However, it has not been materialized except for one occasion. We understand such meetings did take place with the Corporate Associations/Employers Federations. We would like to importunate upon you to arrange such post budget meeting with trade unions also.
With regards,
Yours sincerely,
Brijesh Upadhyay
BMS
S Q Jama
INTUC
Harbhajan Singh Sidhu
HMS
D L Sachdeva
AITUC
Tapan Sen
CITU
R K Sharma
AITUC
S P Tewari
TUCC
Monali
SEWA
Santosh Roy
AICCTU
Ashok Ghosh
UCTU
Shanmugam
LPF

RRR - Candidates Appointment Orders




DOPT Guidelines on Edn Qualifications

Dopt issued guidelines on prescribing Educational Qualifications and experience for recruitment of various posts.