Ministry of Finance - Department of Expenditure - Public Finance (Central-I) Division

Payment of Transaction Charges and Cash-out Incentives on Direct Benefit Transfers (DBT) and PAHAL transactions.

Ordnance Factories Board (OFB) plans to introduce mounted gun systems (MGS) Dhanush Soon?

According to media reports, Ordnance Factories Board (OFB) has plans to introduce soon mounted gun systems (MGS) based on its Dhanush 155mm/52 calibre Guns soon to meet Indian Army’s requirement for 814 mounted gun systems (MGS). Dhanush 155mm/52 calibre Guns were first showcased at last year’s Defence Expo held in Goa which had cleared internal round of factory trials and was offered to Indian Army for trials.

Dhanush 155mm/45 calibre is all set to go for bulk order after it clears in final June Army trials but 155mm/52 calibre variant of Dhanush has not received the same level of backing due to DRDO developed Advanced Towed Artillery Gun (ATAG) 52-calibre gun which has received much attention due to its better capabilities over existing 155mm/52 calibre Guns out there .

By using Dhanush 155mm/52 calibre Guns mounted on 6 x 6 or 8 x 8 High Mobility Vehicle (HMV) sourced from either Ashok Leyland or Tata Motors, OFB plans to get more orders for its upgraded 155mm/52 calibre Guns since it shares maximum commonality with Dhanush 155mm/45 variant which will go into mass production soon.

India already has placed orders with Larsen & Toubro (L&T) for procurement of 100 K-9 Vajra self-propelled (SP), tracked howitzers and has already concluded a deal with BAE Systems for 145 ultralight howitzers for mountain formations. Only sanctioned purchase of 814 mounted gun systems (MGS) remains to be concluded but the way development of indigenous 155mm/52 calibre Guns are progressing, pending requirements for mounted gun systems (MGS) might go indigenous way soon.

MINISTRY OF FINANCE - DEPARTMENT OF EXPENDITURE - CENTRAL PENSION ACCOUNTING OFFICE

Implementation of Revision of Pension of Pre 1.1.2016 Pensioners/Family Pensioners in pursuance to DP &PW OM 38/37/2016-P&PW(A) dated 12th May 2017 and Ministry of Finance (Deptt. of Expenditure) OM No. 1(13)/EV/2017 dated 23rd May,2017.

Interim rate of levying of 'Superannuation Charges' and inclusion in the 'Production Accounts' of 'Ordnance and Ordnance Equipment Factories' for the Financial Year 2016-17

Interim rate of levying of 'Superannuation Charges' and inclusion in the 'Production Accounts'.

NEWS - Government asks 129 ‘non-performing’ Officer to leave in public interest

ANOTHER REFLECTION OF F.R. 56(J) AND 48(i) FOR THE PURPOSE OF COMPULSORY RETIREMENT.  

NEW DELHI: As many as 129 government officers have been forced to retire in past few months in public interest for being non-performers, Union minister Jitendra Singh said today.

The action is part of review being done by the central government to check deadwood of its workforce.

“A total of 30 Group A officers and 99 Group B officers (total 129) have been sent on retirement in past few months,” he said during a press conference.

The punishment of compulsory retirement was given after reviewing service records of over 24,000 Group A officers and 42,251 Group B officers.

He said the authorities are looking into the service records of another 34,451 Group A officers and 42,521 from Group B to check the non-performers.

Singh, Minister of State in the Prime Minister’s office, said the government has zero-tolerance policy towards corruption and it is committed to ensure citizen-centric governance.

The Centre had in January terminated a senior IAS officer on grounds of non-performance.

Earlier in 2014, graft-tainted IAS couple in Madhya Pradesh, Arvind and Tinoo Joshi, were dismissed from service, four years after an income-tax search on their house led to detection of disproportionate assets worth Rs 350 crore and recovery of Rs three crore cash.

A service review on a government employee is conducted twice — first after 15 years and again after 25 years of completion of qualifying service.

:Press Information Bureau.

Government of India - Cabinet - Press Information Bureau

Cabinet approves policy for providing preference to 'Make in India' in Government procurements.

Change of rate or Interest on GPF

Change of rate of interest on GPF w.e.f 01/04/17 to 30/06/2017 for the F.Y. 2017-18.