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Home Tag Archives: Union Cabinet

Tag Archives: Union Cabinet

7th Pay Commission: Centre Directs States to Imply Recommendations Coming March

By FabNewz Team
January 2, 2017
in :  National

The centre today urged various States to implement the recommendations made by the 7th Pay commission for pay hikes in salaries and pensions coming this March. Although, the Union Cabinet did not much give a merry news earlier at the star of the new year as the revised salaries got delayed. But in a recent notification provided by the Centre, …

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Union Cabinet Nods On Penalising Public For Keeping Old 500/1000 INR Notes Amid December 30

By FabNewz 2016
December 21, 2016
in :  National
Union Cabinet Nods

In the midst of demonetisation probe, Union Cabinet today gave a final nod and approved the authoritative body to penalise public who possess old notes of Rs. 500 and Rs. 1000 after December 30th, 2016. The ordinance has been passed to prevent future litigations against the note ban. It holds a cap of near about 10 notes of each higher-denomination …

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Cabinet Plans To Provide Annual Surveys On Labour, Workforce, Unemployment Rate in Nation

By FabNewz 2016
November 21, 2016
in :  Business News
th (69)

The Union Cabinet, on Wednesday, proposed an enlarged plan on providing annual surveys on labour force, workforce and unemployment rate standards in India which would help give an estimation regarding the developing and under-developed stages. As per the National Sample Survey (NSS), the motive is to plan and conduct a survey in a regular basis which will help in bringing …

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RBI Issues New Circular Regarding Ban On Deposit of Old Notes in Existing Saving Accounts of Students

By FabNewz 2016
November 16, 2016
in :  National
RBI

In a probe to curb the black money policy as well as banishing the old notes at a massive level, Reserve Bank of India has issued a new circular to all the leading banks and financial institutions regarding the ban on the deposit of old notes in the existing small saving accounts which are mainly possessed by the students. The …

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How To Get Rs 2000 Cash Using Debit Card From Petrol Pumps in India

By FabNewz 2016
November 15, 2016
in :  Finance
Debit Card From Petrol Pumps in India

Exhausted of standing in serpentine queues in front of bank branches and ATMs? Well, we have a solution. Union cabinet on Friday solved one of the most tiresome queries till date, and that is receiving a 2000 rupee note. Yes, it truly seems possible now. The Center made an announcement that people can swipe their Debit Cards from any Government run …

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Cash Withdrawal From Banks Limits Upto 2000 INR While 2.5 Lakhs Cash Permitted For Marriage Purpose

By FabNewz 2016
November 14, 2016
in :  National
cash

Union Cabinet, today, on November 17 declared that people withdrawing cash from banks which were raised to Rs. 4,500 in the recent past has been again limited to Rs. 2000 under strict measures. But it also asked banks to provide Rs. 2.5 lakhs cash to those who have for marriage purpose. The cash withdrawal limits hence now have been settled by …

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7th Pay Commission: Govt. Accepts General Recommendation on Revised Salary

By FabNewz 2016
November 13, 2016
in :  National
7th Pay Commission

The Government finally stepped forward to pay the revised salary of central government employees as per the recommendations of 7th Pay Commission. The revised salary will be given from August as the implementation notification got issued on Tuesday. Union Cabinet already notified a few days back regarding the salary hike to 2.57 times from their present salary of near about …

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Old Denomination 500 Rupee Note Can Be Used Till December 15: Cabinet

By FabNewz 2016
November 4, 2016
in :  National
Old Denomination

In a probe to cancel old currency note in terms of high-denomination only 500 rupee note can further be used until December 15, 2016, despite the nationwide ban of old notes. Although, 1000 rupee note will be discarded completely from today onwards 00:00 hours thus used for any legal tender or transactions. The Union Cabinet issued a notice regarding the …

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1000 Rupee Note To Be Re-Introduced Confirms Cabinet

By FabNewz 2016
November 1, 2016
in :  National
1000 Rupee Note

One of the highly speculated bans of 500 and 1000 rupee note eventually being exchanged through banks and post offices comes with another bag full of surprise. 1000 rupee note, which was declared to be totally discarded and unused for future legal trade might make a comeback. Definitely a sigh of relief among the commoners, the 1000 rupee note will …

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7th Pay Commission: Increase In Pay Scale May Hike Up Consumer Demand

By FabNewz 2016
September 19, 2016
in :  National
7th Pay Commission

In the recent Parliamentary discussion, Union Cabinet increased the pay scale of Government officials belonging to all the sectors. Army personnel too were included in the hike as stated in 7th pay commission. Now it comes as the hike in salary might lead to increase in consumer demand/ wants and needs. The expectation regarding a boost in consumer demand entered …

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India All Set To Host World Food Forum in March 2017

By FabNewz 2016
September 9, 2016
in :  National
World Food Forum

In the recent meeting held in the Union Cabinet, the Centre has decided to set up a link between the farmers/agricultures and global retailers as well as processors. India has decided to organise the World Food Forum in March 2017 at Delhi. The forum will help India increase its food processing graph make a rise to 25% from the current …

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7th Pay Commission : Central Govt Employees Will Get Revised Allowances From Oct 1

By FabNewz 2016
September 3, 2016
in :  National
7th Pay Commission

7th Pay Commission:Central Government employees will be receiving the revised allowancesfrom October 1, 2016.The recommendations of the 7th Pay Commission covers some 48 lakh Central government employees and 52 lakh pensioners. “This development comes days after the second meeting of the committee on allowances which was held on September 1, following which the employees will now get the new allowances …

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7th Pay Commission: All You Need To Know About Proposed Notifications

By FabNewz 2016
August 8, 2016
in :  National
7th Pay Commission

Union Cabinet shared its gazetted notification regarding the 7th Pay Commission issued by the central government through official website here on Monday. Being 69th Independence Day on 15th August 2016, the proposed notice, as well as recommendations, were held high thus enlisting all the important factors rendered by the Empowered Committee of Secretaries for the current pay scale commission. Adhered …

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