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Tuesday, June 28, 2016

20% pay hike likely for govt servants

NEW DELHI: The Centre is likely to announce the implementation of the seventh pay commission recommendations soon after a panel headed by Cabinet secretary P K Sinha to examine the proposals submitted its report.

"Committee of secretaries has finalised its report on pay commission recommendations... We will soon draft a Cabinet note based on the report," finance secretary Ashok Lavasa said. Government sources said the proposal is likely to be taken up by the Cabinet later this week.
"We will soon announce it. The increase would be a little below 20%," a source said but did not elaborate. The Centre has said adequate provisions have been made in the 2016-17 Budget to absorb the impact recommendations.

In November last year, the seventh pay commission had recommended a 23.55% increase in pay and allowances, a 24% rise in pensions and one-rank-one-pension for central employees and paramilitary personnel - estimated to cost the government Rs 1.02 lakh crore in 2016-17.

Source:-The Times of India

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