Jun 17, 2016

Salary hike of government employees could be more than recommended by Pay Commission - JAGARAN

STATION MASTER NEWS: Salary hike of government employees could be more ...:

 After mulling over Pay Commission's recommendations, the government found that the staffers need more hike than recommended cap.

If Finance Ministry does not face any complexity in making funds available, the minimum proposed hike of 2.57 percent could be increased to 2.9 percent.
Media reports suggest that the 7th Pay Commission could get in force from 1st of August. The decision on the matter was supposed to have been taken in the month of April, when a meeting of 7th Pay Commission Committee chaired by Cabinet Secretary P K Sinha was conducted in New Delhi. The meeting's agenda also included giving final touches to the recommendations before they were handed over to the Finance Ministry.

When it comes into effect with retrospective effect from January 1, 2016, salary packages of 47 lakh Central Government employees and 52 lakh pensioners will be impacted.