THIS LETTER OF MINISTERY OF FINANCE IS A DIRECTION FOR EXPENDITURE CONTROL OF FUNDS ALLOCATED TO MINISTRIES UNDER CASH MANAGEMENT SYSTEM & HAS NOTHING TO DO WITH REDUCTION OF PAY/PENSION OF EMPLOYEES.

Appeal to generously donate to ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)’

Posted On: 28 MAR 2020 4:36PM by PIB Delhi

The pandemic of COVID-19 has engulfed the entire world and has posed serious challenges for the health and economic security of millions of people worldwide. In India too, the spread of coronavirus has been alarming and is posing severe health and economic ramifications for our country. The Prime Minister’s office has been receiving spontaneous and innumerable requests for making generous donations to support the government in the wake of this emergency. 

Distress situations, whether natural or otherwise, demand expeditious and collective action for alleviating the suffering of those affected, mitigation/control of damage to infrastructure and capacities etc. Therefore, building capacities for quick emergency response and effective community resilience has to be done in tandem with infrastructure and institutional capacity reconstruction/enhancement.  Use of new technology and advance research findings also become an inseparable element of such concerted action.

Keeping in mind the need for having a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected, a public charitable trust under the name of ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund)’ has been set up. Prime Minister is the Chairman of this trust and its Members include Defence Minister, Home Minister and Finance Minister.

PM Narendra Modi has always believed and shown in actions that public participation is the most effective way to mitigate any issue and this is yet another example. This fund will enable micro-donations as a result of which a large number of people will be able to contribute with smallest of denominations.

Citizens and organisations can go to the website pmindia.gov.in and donate to PM CARES Fund using following details:

Name of the Account     : PM CARES        

Account Number            : 2121PM20202                                                                                

 IFSC Code                     : SBIN0000691                                                                        

SWIFT Code                   : SBININBB104                                                                         

Name of Bank & Branch : State Bank of India, New Delhi Main Branch                                        

UPI ID                      : pmcares@sbi

Following modes of payments are available on the website pmindia.gov.in -

1. Debit Cards and Credit Cards
2. Internet Banking
3. UPI (BHIM, PhonePe, Amazon Pay, Google Pay, PayTM, Mobikwik, etc.)
4. RTGS/NEFT

Donations to this fund will be exempted from income tax under section 80(G).

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VRRK/KP

(Release ID: 1608851)

NO MEDOCINES WILL BE SUPPLIED FROM ECHS IN THE MONTH OF APRIL 2020.VETERANS CAN PURCHASE THE PRECRIBED MEDICINES FROM OUTSIDE & THE COST WILL BE REIMBURSED

UPDATE ON OROP PETITION

Today 24 Mar 2020 OROP case was to be listed for final arguments in HSC.
Unfortunately because of CORONA precautions and clamp down of DELHI, HSC has been working taking up only very important cases. OROP case has not been taken up today as Justice Dr Chandrachud court did not sit. HSC is likely to work in this situation as long as DELHI is closed. Clampdown in Delhi could be extended for a long time. However we will know the real situation in evening when Honourable PM will address the nation.
I will keep members informed of any update on the date of hearing.
Gp Capt VK Gandhi
Vice Chairman IESM

DA HIKED BY 4 PERCENT AND THE TOTAL DA NOW COMES TO 21 %

Ministry of Finance

Cabinet approves release of an additional installment of Dearness Allowance and Dearness Relief due from 1.1.2020

Posted On: 13 MAR 2020 4:57PM by PIB Delhi

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2020.  There will be an increase of 4 percent over the existing rate of 17 percent of the Basic Pay/Pension, to compensate for price rise.

The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.12,510.04 crore per annum and Rs.14,595.04 crore in Financial Year 2020-21 (for a period of 14 months from January, 2020 to February, 2021). It will benefit about 48.34 lakh Central Government employees and 65.26 lakh pensioners.

The increase is in accordance with the accepted formula, which is based on the recommendations of the 7^th Central Pay Commission.

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VRRK/AK

(Release ID: 1606285) Visitor Counter : 101

Read this release in: Kannada , Urdu , Hindi

ARREARS CHART FOR HAVILDAR GRANTED HON NB SUB