2 yrs bonus for central government staff: Jaitley

There is some good news to look forward to for the central government employees. The government has announced that they  will get revised two years' bonus which was pending. The Central Government has accepted most of the demands made by the central trade unions and bank employee unions, Finance Minister Arun Jaitley briefed the media about the development. The Centre has decided to write to all states regarding compliance of contract workers law, Jaitley said. He said that the central government has accepted most of the demands made, and the government will be released for 2014-15. The government will release a revised bonus for two years for the government employees. Finance minister Arun Jaitley, who is chairman of the inter-ministerial committee on labour set up last year, announced the pro-worker decisions of the government based on the recommendations of the inter-ministerial committee. Other members of the committee include labour minister Bandaru Dattatreya, power minister Piyush Goyal and petroleum minister Dharmendra Pradhan.

While accepting the recommendations of the 7th Pay Commission, the Centre doubled the minimum wage to Rs 18,000. The trade unions have been demanding much higher than the figure proposed by the government. On Monday, Prime Minister Narendra Modi chaired an emergency meeting, in which the Union Labour Minister Bandaru Datareya was also present, to decide on the Centre’s plan of action to preempt the trade strike called by agitating union workers.