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8th Pay Commission: Uniform Fitment Factor for all Central Govt Employees?

By
igeadmin
-

8th Pay Commission: NCJCM seeks Uniform Fitment Factor for all Central Govt Employees?

As anticipation builds for the 8th Pay Commission’s recommendations, the National Council of Joint Consultative Machinery (NC-JCM) has put forth a crucial demand: a uniform fitment factor for all central government employees, irrespective of their pay bands. This call for equitable treatment aims to bridge the gap between higher and lower-paid employees, ensuring a just and fair pay structure for all.

Current Scenario: Disparities in Fitment Factor

In the existing system, the fitment factor, which determines the multiplication of the basic pay for revised salaries, varies across different pay bands. This disparity often results in lower-level employees receiving a smaller percentage increase in their salaries compared to their higher-level counterparts. The NC-JCM argues that this system perpetuates income inequality and needs to be rectified.

Also Read: 8th Pay Commission Latest News & Orders

NC-JCM’s Demand: Uniform Fitment Factor

The NC-JCM, representing various central government employees’ unions, has urged the 8th Pay Commission to adopt a uniform fitment factor for all employees, irrespective of their pay bands. This would ensure that all employees receive an equal percentage increase in their basic pay, promoting a sense of fairness and equity across the workforce.

“We want the fitment factor to be same across all pay bands, whether it is Pay Band 1 or Pay Band 4. This will be our demand before the 8th Pay Commission,” NC-JCM (Staff Side) Secretary Shiv Gopal Mishra told NDTV Profit.

According to Mishra, if there is a standard fitting factor, all employees will have the same multiplication factor used for compensation revision, regardless of the pay bands they are bracketed under. 

Under the 7th Pay Commission, 2.57 was the fitment factor used to revise the pay of workers in Pay Band 1. However, the panel increased the fitment factor to 2.62 for Pay Band 2, 2.67 for Pay Band 3, and 2.72 for higher pay grades under Pay Band 4 using a rationalization index. The 7th Pay Commission has suggested a fitment factor of 2.81 for the apex level salary modification after accounting for the index of rationalization, NDTV reported.

The index of rationalisation is decided by the pay commission. The general approach is that those burdening greater responsibility should get higher pay rise. But our demand is that fitment factor should be uniform to reduce the gap between the maximum and minimum salaries,- Mishra told NDTV.

The 4th Pay Commission had talked about the need to reduce the vast gap between minimum and maximum salaries. But since then, the gap has only increased. In our view, the 8th Pay Commission should recommend a uniform fitment factor to address this, Mishra, who is also the general secretary of the All India Railwaymen’s Federation, told NDTV.

In a meeting with the Department of Personnel and Training last week, the NC-JCM staff side also demanded that unviable pay scales be merged. They called for level 1 and level 2 pay scales to be combined, level 3 and level 4 pay scales to be combined, and level 5 and level 6 pay scales to be combined.

This is important to address as non-viable pay scales lead to pay stagnation, and thereby affect MACP (Modified Assured Career Progression Scheme),” Mishra told NDTV.

The fitment factor for salary revision under the 7th Pay Commission is 2.57 for the first pay band and 2.81 for the highest level. The common fitting factor might have been between 2.57 and 2.81 if there had not been an index of rationalization, another NC-JCM member stated on condition of anonymity.

According to employee unions, the fitting factor would have been higher than what was advised for people under Pay Band 1 if the index of rationalization had not been applied.

The 8th Pay Commission, approved by the government last month, is set to consist of a chairman and two members. After its formation, the commission will discuss its report with stakeholders

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Dearness Relief to Bank Pensioners from Feb 2025 to July 2025 where DR Neutralisation is not implemented

By
igeadmin
-

Dearness Relief to Bank Pensioners from Feb 2025 to July 2025 where DR Neutralisation is not implemented

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2024-25/1828
February 20, 2025

Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension

Dear Sir/ Madam,

Dearness Relief payable to Pensioners for the period February 2025 to July 2025

Please refer to our Circular No.CIR/HR&IR/D/G2/ 2024-25/1823 dated 20.02.2025, wherein we had provided the rates at which Dearness Relief payable to Pensioners / family pensioners, for the period of February 2025 to July 2025, after implementation of DR neutralization for pre-November 2002 retirees / family pensioners.

2. To facilitate those who are yet to implement our letter HR&IR/MBR/G2/0533 dated 16.10.2023, in addition to the contents of our above mentioned circular dated 03.02.2025, they may pay on ad hoc basis (Pending amendments to Pension Regulations), the Dearness Relief payable to pensioners for the period February 2025 to July 2025 as per Annexure I.

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)
Officiating Deputy Chief Executive

Annexure I

PART-I
Dearness Relief to pensioners who retired on or after 1st day of January,1986, but before the 1st day of November,1992/1st July, 1993
BASIC PENSIONDearness relief for the months
February 2025 to July 2025
Average Index		Slabs
2220
9481.70
(i)Upto Rs.12501487.40 per cent
(ii)Rs.1251 to Rs.2000Rs. 18592.50 plus
4221.00 percent of Basic Pension in excess of Rs.1250/-
(iii)Rs.2001 to Rs.2130Rs. 27750.00 plus
732.60 per cent of Basic Pension in excess of Rs.2000/-
(iv)Above Rs.2130Rs. 28702.38 plus
377.40 per cent of Basic Pension in excess of Rs.2130/-
PART-II
Dearness Relief to pensioners who retired on or after 1st  day of November,1992/1st July, 1993
BASIC PENSIONDearness relief for the months February 2025 to July 2025
Average Index		Slabs
2083
9481.70
(i)Upto Rs.2400729.05 per cent
(ii)Rs.2401 to Rs.3850Rs. 17497.20 plus
604.07 per cent of Basic Pension in excess of Rs.2400/-
(iii)Rs.3851 to Rs.4100Rs. 26256.22 plus
354.11 per cent of Basic Pension in excess of Rs.3850/-
(iv)Above Rs.4100Rs. 27141.49 plus
487.47. per cent of Basic Pension in excess of Rs.4100/-
PART-III
Dearness Relief to pensioners who retired on or after 1st day of April,1998.
BASIC PENSIONDearness relief for the months February 2025 to July 2025
Average Index		Slabs
1949
9481.70
(i)Upto Rs.3550467.76 per cent
(ii)Rs.3551 to Rs.5650Rs. 16605.48 plus
389.80 per cent of Basic Pension in excess of Rs.3550/-
(iii)Rs.5651 to Rs.6010Rs. 24791.28 plus
233.88 per cent of Basic Pension in excess of Rs.5650/-
(iv)Above Rs.6010Rs. 25633.25 plus
116.94 per cent of Basic Pension in excess of Rs.6010/-
PART-IV
Dearness Relief to pensioners who retired on or after 1st day of November, 2002.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs1798
Rate of dearness relief on pension for the months
February 2025 to July 2025		323.64 % of basic pension
(ignore decimals from 3rd place onwards)
PART-V
Dearness Relief to pensioners who retired on or after 1st day of November, 2007.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs1661
Rate of dearness relief on pension for the months
February 2025 to July 2025		249.15 % of basic pension
(ignore decimals from 3rd place onwards)
PART-VI
Dearness Relief to pensioners who retired on or after 1st day of November, 2012.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs1260
Rate of dearness relief on pension for the months
February 2025 to July 2025		126.00 % of basic pension
(ignore decimals from 3rd place onwards)
PART-VII
Dearness Relief to pensioners who retired on or after 1st day of November, 2017.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs782
Rate of dearness relief on pension for the months
February 2025 to July 2025		54.74  % of basic pension
(ignore decimals from 3rd place onwards)
PART-VIII
Dearness Relief to pensioners who retired on or after 1st day of November, 2022.
Average Index (CPI) for quarter ended December 2024144.23
No. of Slabs21.20
Rate of dearness relief on pension for the months
February 2025 to July 2025		21.20  % of basic pension
(ignore decimals from 3rd place onwards)

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Bank Dearness Relief from Feb 2025 to July 2025 for pre 1986 retirees : IBA Order

By
igeadmin
-

Bank Dearness Relief from Feb 2025 to July 2025 for pre 1986 retirees : IBA Order

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2024-25/1826
February 20, 2025

Designated Officers of all Nationalised Banks and State Bank of India

Dear Sir/Madam,

Dearness Relief payable for the period February 2025 to July 2025 (a) to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

As per the directive contained in the Government of India, Ministry of Finance Department of Economic Affairs (Banking Division) letter F.No.11/2/2012-IR dated 17.12.2013, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period February 2025 to July 2025 on Ex-gratia will be as under:

Applicable CPI AverageAmount of Ex-gratia per monthRate of Dearness ReliefAmount of Dearness Relief per monthTotal Ex-gratia amount including Dearness Relief per month
₹%₹₹
9481.70Pre 1.1.863501487.405205.905555.90
Surviving spouses of pre 1.1.86 retirees1751487.402602.952777.95

2. However, you may be guided by IBA circular HR&IR/MBR/743/2022-23/ 11722 dated February 7, 2023, wherein we have sent an advisory to Banks, to consider additional ex-gratia payment over and above the amount being paid as per DFS guidelines so as to ensure that the surviving pre 1986 retired employee / surviving spouse of pre 1986 retired employee get a minimum of Rs.10000/- per month as Ex-gratia.

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)
(Officiating Dy. Chief Executive)

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Dearness Relief to Bank Pensioners from Feb 2025 to July 2025 : IBA Order

By
igeadmin
-

Dearness Relief to Bank Pensioners from Feb 2025 to July 2025 : IBA Order

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS
No.CIR/HR&IR/D/G2/2024-25/ 1823

February 20, 2025

Designated Officers of all Member Banks
which are parties to the Bipartite Settlement on Pension

Dear Sir/ Madam,

Dearness Relief payable to Pensioners for the period February 2025 to July 2025

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers for the quarter ended December 2024 are as follows: –

Month & Year1960 = 100 series2016 = 100 series
October 20249499.23144.5
November 20249499.23144.5
December 20249446.64143.7
CPI Average9481.70144.23

In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 Dearness Relief is payable to pensioners at rates specified in Appendix Il to the Regulations.

Further, we draw your attention to our circular HR&IR/MBR/G2/0533 dated 16.10.2023, wherein we have communicated about DR neutralization for pre 01.11 2002 retirees and family pensioners. The amount of ex-gratia to be paid, to a group of pensioners, was also mentioned therein.

Also Read: DA for Bank Employees from Feb 2025 to April 2025 as per 12th BPS – IBA ORDER

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the Dearness Relief payable to pensioners for the period February 2025 to July 2025 as per Annexure.

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)
Officiating Deputy Chief Executive

Annexure

PART-I
Dearness Relief to pensioners who retired on or after 1st day of November, 1986 but before the 1st day of November, 1992/1st July, 1993
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs2220
Rate of dearness relief on pension for the months February 2025 to July 20251487.40  % of basic pension
(ignore decimals from 3rd place onwards)
PART-II
Dearness Relief to pensioners who retired on or after 1st day of November, 1992/1st July, 1993
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs2083
Rate of dearness relief on pension for the months February 2025 to July 2025 729.05  % of basic pension
(ignore decimals from 3rd place onwards)
PART-III
Dearness Relief to pensioners who retired on or after 1st day of April, 1998.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs1949
Rate of dearness relief on pension for the months
February 2025 to July 2025		467.76  % of basic pension
(ignore decimals from 3rd place onwards)
PART-IV
Dearness Relief to pensioners who retired on or after 1st day of November, 2002.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs1798
Rate of dearness relief on pension for the months
February 2025 to July 2025		323.64  % of basic pension
(ignore decimals from 3rd place onwards)
PART-V
Dearness Relief to pensioners who retired on or after 1st day of November, 2007.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs1661
Rate of dearness relief on pension for the months
February 2025 to July 2025		249.15  % of basic pension
(ignore decimals from 3rd place onwards)
PART-VI
Dearness Relief to pensioners who retired on or after 1st day of November, 2007.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs1260
Rate of dearness relief on pension for the months
February 2025 to July 2025		126.00 % of basic pension
(ignore decimals from 3rd place onwards)
PART-VII
Dearness Relief to pensioners who retired on or after 1st day of November, 2017.
Average Index (CPI) for quarter ended December 20249481.70
No. of Slabs782
Rate of dearness relief on pension for the months
February 2025 to July 2025		54.74 % of basic pension
(ignore decimals from 3rd place onwards)
PART-VIII
Dearness Relief to pensioners who retired on or after 1st day of November, 2022.
Average Index (CPI) for quarter ended December 2024144.23
No. of Slabs21.20
Rate of dearness relief on pension for the months
February 2025 to July 2025		21.20 % of basic pension
(ignore decimals from 3rd place onwards)

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DA for Bank Employees from Feb 2025 to April 2025 as per 11th BPS – IBA ORDER

By
igeadmin
-

DA for Bank Employees from Feb 2025 to April 2025 as per 11th BPS – IBA ORDER

Indian Banks’ Association

HR & Industrial Relations

No.HR&IR/76/D/2024-25/1824
February 20, 2025

All Members of the Association
(Who are yet to implement 12th BPS/9th Joint note signed on 08.03.2024-Designated Officers)

Dear Sir/ Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2025 under XI BPS/ 8TH Joint Note dated 11.11.2020

The confirmed All India Average Consumer Price Index for Industrial Workers (Base 1960= 100) for the quarter ended December 2024 are as follows:-

October 20249499.23
November 20249499.23
December 20249446.64

The average CPI of the above is 9481.70 and accordingly the number of DA slabs are 782 (9481.70 – 6352=3129.70/4 = 782 slabs). The last average quarterly CPI was 759. Hence, there is an increase in DA by 23 slabs for payment of DA for the months February, March and April 2025.

In terms of clause 7 of the 11th Bipartite Settlement dated 11.11.2020 and clause 3 of the Joint Note dated 11.11.2020, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of February, March and April 2025 shall be 54.74% of pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Also Read: DA for Bank Employees from Feb 2025 to April 2025 as per 12th BPS – IBA ORDER

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)
Officiating Deputy Chief Executive

Expected DA Calculator for Bank Employees from Feb 2025

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DA for Bank Employees from Feb 2025 to April 2025 as per 12th BPS – IBA ORDER

By
igeadmin
-

DA for Bank Employees from Feb 2025 to April 2025 as per 12th BPS – IBA ORDER

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&IR/76/D/2024-25/1822
February 20, 2025

All Members of the Association
(Designated Officers)

Dear Sir/ Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2025 under XII BPS/ 9TH Joint Note dated 08.03.2024

The confirmed All India Average Consumer Price Index for Industrial Workers (Base 2016 =100) for the quarter ended December 2024 are as follows:-

October 2024144.5
November 2024144.5
December 2024143.7

The average CPI of the above is 144.23 and accordingly the number of points over 123.03 are 21.20 (144.23 – 123.03) The last average quarterly CPI was 142.86. Hence, there is an increase of 1.37 points for February, March and April 2025.

In terms of clause 13 of the 12th Bipartite Settlement dated 08.03.2024 and clause 2 (1) of the Joint Note dated 08.03.2024, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of February, March and April 2025 shall be 21.20% of pay‘ (0.01 % change in DA on ‘pay’ for change in every second decimal place of CPI 2016 over 123.03 points)

Expected DA Calculator for Bank Employees from Feb 2025

Yours faithfully,

Brajeshwar Sharma
Senior Advisor (HR&IR)
Officiating Deputy Chief Executive

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Central Government Employees may get 2% DA Hike from Jan 2025

By
igeadmin
-

Central Government Employees may get 2% DA Hike from Jan 2025

Central government employees may receive a 2% Dearness Allowance (DA) hike in January 2025, according to AICPIN data. The DA is a component of central government employees’ salaries that helps offset the impact of inflation.

The CPI-IW for December 2024 has been released, and it indicates that the DA for January 2025 is likely to increase to 55% from the current 53%. This would be a 2% hike.

If the 2% hike is confirmed, it would be lower than the 4% hike from January 2024 and the 3% hike from July 2024.. However, it would still provide some relief to employees and pensioners who are struggling to cope with rising prices.

The government is yet to make an official announcement about the DA hike. The dearness allowance hike is expected to be announced in March 2025.

Additional Points:

  • The DA hike will be calculated based on the All-India Consumer Price Index for Industrial Workers (AICPI-IW).  
  • The DA is currently 53% of the basic pay for central government employees.
  • The DA Value is 55.99 as of December 2024, according to DA Calculation Sheet
  • The DA hike will benefit about 49.18 lakh central government employees and 64.89 lakh pensioners.
  • The DA hike is a welcome relief for central government employees and pensioners, who are facing rising inflation.

It’s crucial to remember that this article is based on the current CPI-IW index value. While the projections are based on available data, the final decision rests with the government. Therefore, we must await the official announcement for confirmation.

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AICPIN for December 2024 released : Expected DA from Jan 2025

By
igeadmin
-

AICPIN for December 2024 released

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:18.02.2025

Press Release

Consumer Price Index for Industrial Workers (2016=100) – December, 2024

1. 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 for the month of December, 2024 is being released in this press release.

2. The All-India CPI-IW for December, 2024 decreased by 0.8 point and stood at 143.7 (one hundred forty three point seven).

Also Check

DA Calculator from Jan 2025

DA Calculation Sheet

3. Year-on-year inflation for the month of December, 2024 stood at 3.53% as compared to 4.91% in December, 2023

4. All-India Group-wise CPI-IW for November, 2024 and December, 2024:

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Stepping up of pay of Senior Government Servants promoted before 01.01.2016 – Rajya Sabha QA

By
igeadmin
-

Stepping up of pay of Senior Government Servants promoted before 01.01.2016 – Rajya Sabha QA

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE

RAJYA SABHA
UNSTARRED QUESTIONS No. 876

TO BE ANSWERED ON TUESDAY, FEBRUARY 11, 2025/22 MAGHA, 1946 (SAKA)

“STEPPING UP GOVERNMENT SERVANT’S PAY” –

876: Shri Neeraj Shekhar

Will the Minister of Finance be pleased to state:

a) the details of references/representations received by Department of Expenditure, since 1st January, 2025 till date, from various Ministries/Departments and other organizations where CCS (Revised Pay) Rules 2016 is applicable, regarding stepping up of pay of senior Government servants promoted to higher post on or before 01.01.2015 and drawing less pay in revised pay structure than their juniors who were promoted on or after 01.01.2016 under CCS (Revised Pay) Rule 7(10) read with Rule 13 of CCS (RP) Rule, 2016, Ministry/Department/organization-wise, and

b) the number of such references which are pending along with the reasons therefor, reference-wise?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

(a) & (b): No such reference has been received since 1st January, 2025 in respect of senior government servants promoted on or before 01.01.2015.

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Government Contributions to the National Pension System (NPS) for Railway Employees: Railway Board RBE No. 14/2025

By
igeadmin
-

Government Contributions to the National Pension System (NPS) for Railway Employees

RBE No. 14/2025

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAY)
(RAILWAY BOARD)

No. 20241F(E)III/NPS1/9

New Delhi, dated: 06.02.2025

The General Managers/Principal Financial Advisers,
All Zonal Railways/Production Units etc.,
DGs of RDSO and NAIR.

Subject: Contribution by the Government to the National Pension System in respect to the railway employees covered under NPS.

In accordance with Board’s letter No. D-43/12/2018 dated 21.02.2019, the Government shall make contribution of fourteen per cent or such other percentage as may be notified from time to time, of the emoluments of a railway servant to the Individual Pension Account of the Railway employee every month. The amount of contribution payable shall be rounded off to the next higher rupee.

2. No contribution shall be made by the Government for the period during which the railway employee is not required to make contribution. However, in cases where the leave is granted to the Subscriber on medical ground or due to his inability to join or rejoin duty on account of civil commotion; or for pursuing higher studies considered useful in discharge of his official duty, and during such leave, leave salary is not payable or is payable at a rate which is less than full pay, the Government shall make contribution equal to fourteen per cent or such other percentage as may be notified from time to time, of the notional emoluments comprising of the amount representing pay and dearness allowance in the leave salary, non-practicing allowance, pay element in running allowance in case of running staff, etc.

3. In the case of a railway employee under suspension, contribution shall be made by the Government on the basis of the emoluments determined by taking into account the subsistence allowance paid to the employee during the period of such suspension. No contribution shall be made by the Government during the period of suspension where the Subscriber had opted not to pay his contribution during the said period of suspension.

Also Read: Contributions by Railway Employees to the National Pension System (NPS) : Railway Board RBE No 13/2025

4. However, if in the final orders passed by the Government on conclusion of the inquiry, the period spent under suspension is treated as duty or leave for which leave salary is payable, contributions by the Government to the National Pension System shall be determined based on the emoluments which the Subscriber becomes entitled to for the period of suspension. The difference of the amount of contribution to be deposited by the Government and the amount of contribution already deposited during the period of suspension, shall be credited to the Individual Pension Account of the Subscriber along with interest. The rate of interest for this purpose would be the rate of interest as decided by the Government from time to time for the Public Provident Fund deposits.

5. Contribution by the Government to the Individual Pension Account during foreign service in India or outside India, including deputation to United Nations’ Secretariat or other United Nations’ Bodies, the International Monetary Fund, the International Bank of Reconstruction and Development, or the Asian Development Bank or the Commonwealth Secretariat or any other International organisation, shall be regulated in accordance with the orders issued by Ministry of Railways from time to time and the procedure laid down by the Pension Fund Regulatory and Development Authority.

6. The provision regarding timeline as applicable in the case of remittance of contribution by the Subscriber would also be applicable for remittance of contribution by the Government. In case there is a delay in crediting of contribution to the Individual Pension Account of the Subscriber beyond the prescribed timeline due to factors not attributable to the Subscriber, the amount shall be credited to the Individual Pension Account of the Subscriber along with interest for the delayed period. The rate of interest for this purpose would be the rate of interest, as decided by the Government from time to time, for the Public Provident Fund deposits.

(G. Priya Sudarsani)
Director, Finance (Estt.)
Railway Board

No. 20241F(E)III/NPS1/9

New Delhi, dated: 06 .02.2025

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