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Justice A.K Mathur will be heading the Seventh Pay Commission, announcement of which was done on 4 February 2014 . [14] On 29 June 2016, Government accepted the recommendation of 7th Pay Commission Report with meager increase in salary of 14% after six months of intense evaluation and successive discussion. [citation needed]
The newspaper says it has "stoked controversy" and become a cause of growing resentment among armed forces officers, "at a time when the armed forces and the ministry have divergent views on the 7th Pay Commission report and the OROP". [78] "We have been stabbed in the back", a senior officer told the Hindustan Times. Serving officer in the ...
The Commission had suggested that dearness allowance should be converted into dearness pay every time the cost of living rises by 50% over the base level. [ 3 ] The 6th Central Pay Commission recommended revision of base year of the Consumer Price Index (CPI) as frequently as feasible.It also changed base year for DA calculation to 2001 (base ...
Palai Central Bank was a commercial bank headquartered in Kerala, South India that operated between the early 1900s and 1960.Although it was started in a small, remote city, the bank grew to become not only the largest bank, but the largest institution in Kerala, after the state government, and the 17th largest among the 94 scheduled banks in India.
₹ 182,200 (US$2,100) (Minimum Pay) to ₹ 224,100 (US$2,600) (Maximum Pay) [20] [21] [20] [21] Principal Secretaries to State Governments; Members of State Public Service Commissions; Registrar Generals/Registrars of High Courts [20] [21] 26 Joint Secretaries to the Union Government; Major General and equivalent ranks in the Indian Armed Forces
The Bank was then elevated to the position of State Co-operative Bank for the State of Kerala and it became "The Kerala State Co-operative Bank Ltd." At that time, the Bank had a working capital of ₹42.90 lakhs, deposit of ₹30.33 lakhs and loans and advances to the tune of ₹21.66 lakhs.
The Kerala Financial Corporation (KFC), a public sector undertaking, is a state-owned financial corporation. [1] The Kerala Financial Corporation (KFC) was established by the State Government as per the State Financial Corporations Act of 1951 , passed by the Parliament of India , to accelerate the industrial growth of the state of Kerala .
South Malabar Gramin Bank (Malayalam: സൌത്ത് മലബാർ ഗ്രാമീണ് ബാങ്ക്) Malappuram Kottakunnu (now Kerala Gramin Bank) was a Regional Rural Bank in India, and had its headquarters at Malappuram in Kerala. Its area of operation was limited to 8 districts in Kerala, India. It had been financing farm ...