Seventh Pay Commission News....
Seventh Pay Commission:
Government employees to get better pay scales than recommended earlierThe much awaited Seventh Pay Commission review report is likely to be submitted once the elections in four states get over. There are reports that the Central Government employeesmay get a better pay scales than recommended earlier.
If it happens than it will be a big news for central government employees who are been waiting too long for the increment.According to a report, 7th Pay Commission review committee, led by a group of secretariesare prepared with review and recommendations will submit their report once the elections across India gets over.
A report published in a newspaper suggested that the secretaries group has recommended a hike of Rs 2,70,000 and Rs 21,000 for the higher and the lower level. This is twenty thousand more in the upper limit prescribed by the Seventh Pay Commission and three thousand more in the lower level set by the commission.
Read Also: (Seventh Pay Commission: Government employees may have to shell out half of their increased salary)The government had also set up a high-powered panel headed by Cabinet Secretary P K Sinha to process the recommendations of the Seventh Pay Commission which will have bearing on the remuneration of 47 lakh employees and 52 lakhpensioners attached with the Central government.
Over the new recommendation on pay scales an additional burden of Rs 1.02 lakh crore is expected to increase on the exchequer in 2016-17.Subject to acceptance by the government, they will take effect from January 1, 2016. When Budget 2016 was tabled at the Lok Sabha, the central government had provided Rs 70,000 crore for the implementation of Seventh Pay Commission.