Source : https://utilities.cept.gov.in/dop/pdfbind.ashx?id=9320
Saturday, January 6, 2024
Confirmation of the officers in the Junior Time Scale of Indian Postal Service, Group 'A'
Wednesday, January 3, 2024
AMENDMENT TO CCS(PENSION) RULES,2021-ALLOWING FEMALE GOVERNMENT SERVANTS/FEMALE PENSIONER TO NOMINATE HER CHILD/CHILDREN FOR FAMILY PENSION IN PRECEDENCE TO HER HUSBAND IN THE EVENT OF MARITAL DISCORD LEADING TO FILING OF DIVORCE PROCEEDINGS IN A COURT OF LAW OR FILING OF A CASE UNDER PROTECTION OF WOMEN FROM DOMESTIC VIOLENCE ACT OR DOWRY PROHIBITION ACT OR INDIAN PENAL CODE-REG (01/01/2024)
Monday, January 1, 2024
Press release dated 29.12.2023 by Labour Bureau
Press release dated 29.12.2023 by Labour Bureau
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
F.No. 5/1/2021-CPI Dated: 29th December, 2023
Press Release
Consumer Price Index for Industrial Workers (2016=100) — November, 2023
The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month. The index for the month of November, 2023 is being released in this press releas
The All-India CPI-IW for November, 2023 increased by 0.7 points and stood at 139.1 (one hundred thirty nine point one). On 1-month percentage change, it increased by 0.51 per cent with respect to previous month whereas it remained stationary between corresponding months a year ago.
The maximum upward pressure in current index came from Food & Beverages group contributing 0.65 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta, Jowar, Arhar Dal/Tur Dal, Urd Dal, Eggs-Hen, Gingelly oil, Coconut fresh with Pulp, Carrot, Drum-stick, French beans, Garlic, Lady’s Finger, Onion, Tomato, Sugar-White, Cumin seed/Jira, Cooked Meals, Zarda/kimam/Surti/Gutka, Leaf Tobacco, Tailoring Charges, Trouser Pants readymade, Leather Sandal/Chappal/Slippers, Electricity Charges (Domestic), Books-School/ITT, Tuition and other fees-College, etc. are responsible for the rise in index. However, this increase was largely checked by Fish Fresh, Poultry/Chicken, Soyabean oil, Sunflower Oil, Apple, Banana, Grapes, Orange, Capsicum, Cauliflower, Chillies Green, Ginger, Lemon, Peas, Medicine Allopathic, etc. putting downward pressure on the index.
At centre level, Tirunelveli recorded a maximum increase of 4.1 points. Among others, 3 centres recorded increase between 3 to 3.9 points, 5 centres between 2 to 2.9 points, 19 centres between 1 to 1.9 points and 36 centres between 0.1 to 0.9 points. On the contrary, Gurugram recorded a maximum decrease of 1.5 points followed by Ahmedabad and Kollam with 1.0 point each. Among others, 18 centres recorded decrease between 0.1 to 0.9 points. Rest of three centres’ index remained stationary.
Year-on-year inflation for the month stood at 4.98 per cent compared to 4.45 per cent for the previous month and 5.41 per cent during the corresponding month a year before. Similarly, Food inflation stood at 7.95 per cent against 6.27 per cent of the previous month and 4.30 per cent during the corresponding month a year ago.
Amendment in General Financial Rules, 2017 – Rule 171(i) Performance Security Regarding: FinMin O.M. dated 29.12.2023
January 01, 2024
Amendment in General Financial Rules, 2017 – Rule 171(i) Performance Security Regarding: FinMin O.M. dated 29.12.2023
No.F.1/2/2023-PPD
Government of India
Ministry of Finance
Department of Expenditure
Procurement Policy Division
264-C, North Block, New Delhi,
29.12.2023
OFFICE MEMORANDUM
Subject:- Amendment in General Financial Rules, 2017 – Rule 171(i) Performance Security Regarding.
Attention is invited towards Rule 171(i) of General Financial Rules, 2017 regarding Performance Security as amended vide OM No. 1/2/2023-PPD dated 03.04.2023. It has been decided to amend the Rule 171(i) of GFRs, 2017 as under:
Existing Rule
Revised Rule
Rule 171(i): To ensure due performance of the contract, Performance Security is to be obtained from the successful bidder awarded the contract. Unlike contracts of Works and Plants, in case of contracts for goods, the need for the Performance security depends on the market conditions and commercial practice for the particular kind of goods. Performance Security should be for an amount of three to ten per cent (3-10%) of the value of the contract as specified in the bid documents. Performance Security may be furnished in the form of Insurance Surety Bonds, Account Payee Demand Draft, fixed Deposit Receipt from a Commercial bank, Bank Guarantee (including e- Bank Guarantee) from a Commercial bank or online payment in an acceptable form safeguarding the purchaser’s interest in all respects.
Rule 171(i): To ensure due performance of the contract, Performance Security is to be obtained from the successful bidder awarded the contract. Unlike contracts of Works and Plants, in case of contracts for goods, the need for the Performance Security depends on the market conditions and commercial practice for the particular kind of goods. Performance Security, in respect of procurement only of Goods/ Consultancy Services/ Non Consultancy Services, should be for an amount of three to five per cent (3-5%) of the value of the contract as specified in the bid documents. Performance Security may be furnished in the form of Insurance Surety Bonds, Account Payee Demand Draft, fixed Deposit Receipt from a Commercial bank, Bank Guarantee (including e- Bank Guarantee) from a Commercial bank or online payment in an acceptable form safeguarding the purchaser’s interest in all respects.
Accordingly, amount of Performance Security will also stand modified from existing i.e. 5-10% to 3-10% at all places, including following paragraphs in the procurement manuals:
(i) Para 6.1.2 of Manuals for Procurement of Goods,
(ii) Para 6.2.6(iv)(a) of Manual for Procurement of Consultancy and Other Services.
All procuring entities are requested to issue future tenders with the performance security as stipulated above. They may also consider modifying tenders already issued and yet to open, as above, wherever feasible.
The amount of performance security plus security deposit/ retention money for procurement of works will continue to be 3% to 10%.
This OM is also available on website of Department of Expenditure: www.doe.gov.in – > Notification -> Circular -> Procurement Policy OM. Hindi version of this OM will follows.
(Kanwalpreet)
Director (PPD)
Tel.23093811










