7th Pay Commission: Good news for govt employees! Panel may double minimum basic pay
New Delhi, Feb 12: There is good news for the central government employees who are waiting for the implementation of Seventh Pay Commission.
According to reports, the percentage of pay hike recommended by the pay commission may be doubled.
According to a Zeenews report, "Empowered Committee of Secretaries processing the recommendations of 7th Pay Commission(7thCPC) in an overall perspective, are likely to double the percentage of pay hike recommended by the pay commission.
As per reports, central government employees are likely to expect basic pay hike of around 30%, which will be effective January 1, 2016." Reportedly, Prime Minister Narendra Modi has ordered officials to speed up review process so that it could be implemented soon.
Modi has asked Committee of Secretaries to provide maximum benefits to central staff. The recommendations when implemented would have bearing on remuneration of 47 lakh central government employees and 52 lakh pensioners.
Subject to acceptance by the government, the recommendations will take effect from January 1, 2016. The 7th Pay panel suggested 23.55% hike in pay and allowances of government employees. Pay will go up by 16%; increase in allowances will be 63%; increase in pension will be 24%.
Read at: One India
Subscribe to Central Government Employee News & Tools by Email [Click Here]
Follow us: Twitter [click here] | Facebook [click here] | Google+ [click here]