May 11, 2016

Seventh Pay Commission: MoS assures consideration on proposal of minimum salary

New Delhi, May 11: Bharatiya Mazdoor Sangh (BMS), the labour wing of BJP met Jitendra Prasad, Union Minister of State for Personnel, Public Grievances, and Pension to express their concerns about the Seventh Pay Commission. 

The BMS, the largest central trade union organization in India, sought an increase in the Multiplication Factor and changes in the HRA in a recently held meeting. MoS also assured them to consider the proposal of minimum pay of Rs24,000. 
The 7th CPC under AK Mathur had proposed Multiplication Factor of 2.57 according to which the fitment of each employee in the new pay matrix is proposed to be done by multiplying his or her basic pay on the date of implementation by a factor of 2.57.

 "We are expecting the notification for implementation of the 7th Pay Commission in the last week of June, and pay out to begin in July", said Pawan Kumar, Regional Organizing Secretary of BMS. According to earlier reports, the much awaited Seventh Pay Commission is likely to propose a simpler pay structure for its employees. Likely to be implemented from June-July may not face tough time in the cabinet next month. 

SOURCE - OneIndia News