Cabinet clears 7th Pay Commission recommendations
While the Budget for 2016-17 did not provide an explicit provision for implementation of the 7th Pay Commission, the government had said the once-in-a-decade pay hike for government employees has been built in
New Delhi - Recommendations of the 7th Pay Commission got the Cabinet nod today, which will benefit over one crore government employees and pensioners.
The decision to this effect was taken in a meeting which was chaired by Prime Minister Narendra Modi, sources said.The pay panel, in November last year, had recommended a 14.27 per cent hike in basic pay at junior levels -- the lowest in 70 years. The previous 6th Pay Commission had recommended a 20 percent hike, which the government doubled
while implementing it in 2008.
The government in January had set up a high-powered panel under the Cabinet Secretary to process the recommendations of the 7th Pay Commission that will have a bearing on remuneration of nearly 50 lakh central government employees
and 58 lakh pensioners.
The Commission had recommended a 23.55 percent overall hike in salaries, allowances and pension involving an additional burden of Rs 1.02 lakh crore, or nearly 0.7 percent of GDP.
The entry-level pay has been recommended to be raised to Rs 18,000 per month, from the current Rs 7,000, while the maximum pay, drawn by the Cabinet Secretary, has been fixed at Rs 2.5 lakh per month from the current Rs 90,000.
While the Budget for 2016-17 did not provide an explicit provision for implementation of the 7th Pay Commission, the government had said the once-in-a-decade pay hike for government employees has been built in as interim allocation for different ministries.
Food inflation is expected to dip as the monsoon progresses, mainly on higher kharif acreage and lower prices of perishables following a decline in temperature, it said.
It has to be kept in mind that the crude oil prices that were benign a while back are not so now
Maharashtra govt employees strike Day 1: 63% staff skip work to demand implementation of 7th Pay Commission
On the first day of the stir in Maharashtra, around 63 percent of the Class III and Class IV employees remained absent from work.