TENTH BPS – SOME IMPORTANT POINTS

AllBankingSolutions.com ......our answer to all your banking needs

Follow AllBankingSolutions

TENTH BPS – SOME IMPORTANT POINTS

Pannvalan

Ads by Google

Hike in Pay Slip Components

9^th BPS - Rs.2,798 Crores

10^th BPS - Rs.4,725 Crores

Hike in Total Staff Costs (including Pension and Gratuity)

9^th BPS – Rs.4,816 Crores

10^th BPS – Rs.8,000 Crores

Hike in Pay Slip Components as % of Hike in Total Staff Costs

9^th BPS – 58.10%

10^th BPS – 59.06%

AICPI

9^thBPS (as on 01-11-2007) – 3035 Points (Base: 1960=100)

10^th BPS (as on 01-11-2012) – 4907 Points (Base: 1960=100)

Ads by Google

Present Value of money

Rs.2,798.00 Crores as on 01-11-2007 is equal to Rs.4,523.82 Crores as on 01-11-2012

Rs.4,816.00 Crores as on 01-11-2007 is equal to Rs.7,786.53 Crores as on 01-11-2012

Break up particulars of Award Staff and Officers

9^th BPS (as on 31-03-2007) – (a) Award Staff - 469,985 (b) Officers - 305,117

10^th BPS (as on 31-03-2012) – (a) Award Staff - 451,634 (b) Officers - 385,284

Apportionment of the Wage Hike in 10^th BPS

(a) Award Staff – Rs.2,270 Crores (48.04%)

(b) Officer Staff – Rs.2,455 Crores (51.96%)

Average Benefit per head in 10^th BPS

(a) Award Staff – Rs.50,262

(b) Officers – Rs.63,719

Considering the award staff include Sub-staff, average hike per head is much better.

In contrast, officers include all officers from JMGS I to TEGS VII. Therefore, average hike per officer is not attractive, comparatively.

Other Points

Reimbursements related to hospitalisation and leave travel allowance will be calculated separately..

You can give your feedback / comments about this Article. Please give only relevant comments as irrelevant comments are waste of time for yourself and our other readers.