New Delhi, June 17: The 13-member Committee of Secretaries headed by the Cabinet Secretary Pradeep Kumar Sinha is likely to submit its final report on the recommendations proposed by the 7th Pay Commission on June 18. After panel submits its report, Cabinet is expected to give the green signal for implementation of the revised recommendations. However the government is planning to implement the recommendation made by the 7th Pay Commission regarding the salary hike of government employees from August 1. The arrears will be paid ahead of the Dusshera festival which comes in October.
The Empowered Committee of Secretaries headed by Pradeep Kumar Sinha had recommended 23.55 per cent overall hike in salaries central employees and pensioners. Now the panel is likely to propose a whopping 30 per cent hike in government employees’s salary, making the minimum amount Rs 23,500, whereas, the maximum salary would be Rs 3,25,000.
47 lakh central government employees and 52 lakh pensioners will be
benefited from the recommendations of 7th Pay Commission. The
recommendations of the 7th Pay Commission will impact the Central Budget
by Rs 73,650 crore and the Railway Budget by Rs 28,450 crore. It would
increase the total burden on the exchequer by Rs 102 lakh crores for the
financial year 2016-17. The amount contributes to nearly 0.7 per cent
of the GDP.
Source : india.com
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