7th Pay Commission Latest: Hiked Salary from 1st August, Arrear in October, Fitment may enhanced from 2.57 to 2.9 - Media Reports
7th Pay Commission arrears to be paid ahead of festival season - The Sen Times
7th Pay Commission arrears to be paid ahead of festival season - The Sen Times
7th Pay Commission: Government employees will get hiked salaries from 1st August - Jagran News
7th Pay Commission: Double bonus for Government employees – salary hike from August, six month arrears in October - India.com
New Delhi: The central government is going to start payment of salaries to its 48 lakh officials and employees according to 7th Pay Commission award from August and arrears are to be paid ahead of the Dusshera festival.
Finance Minister Arun Jaitley has not been under pressure to meet the demand of 7th Pay Commission award.
As per official calculation, no huge amount will be required for the payment of arrears.
The government in its annual budget has provisioned Rs 70,000 crore to meet the demand for implementation of 7th Pay Commission for central government employees which will take effect from January 1, 2016, while the allowances would be paid from the date of implementation.
The cabinet is likely to approve the new pay scales for central government employees after considering report of the 7th Pay Commission, led by Justice A K Mathur, and the report of the 13 member Empowered Committee of Secretaries headed Cabinet Secretary P K Sinha to process the recommendations of the 7th Pay Commission, which was set up in January.
The Empowered Committee of Secretaries agreed to 30 percent pay raises for central government employees during their Tuesday meeting.
“Central government employees could get the revised pay and allowances from their August salaries and arrears are to be paid ahead of festival season in one installment,” sources close to officials working on the implementation of the 7th Pay Commission report said.
The sources familiar with the developments told The Sen Times that the Finance Minister Arun Jaitley has not been under pressure to meet the demand as he has allocated money in this head in the national exchequer.
“Notification will be issued with in one month after cabinet nod, so we hopefully say that central government employees will get new pay and arrears in August and October respectively,” a source close to the developments told The Sen Times. Read at The Sen Times
7th Pay Commission: Government employees will get hiked salaries from 1st August - Jagran News
New Delhi: The month of August could bring happiness to lakhs of Central Government employees and pensioners as there is a media report that suggests that the 7th Pay Commission could get in force on 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 committe 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.
Although, it is not clear as yet whether the arrears will also be credited along with the revised pay, which means it isn't clear whether the past dues will be credited in one go or be paid out in installments.
Sources say that government will go by the recommendations of Secretaries Panel as latter has taken into account concerns of every stakeholder, including Employees' Unions and Trade Unions. Read at Jagran
7th Pay Commission: Double bonus for Government employees – salary hike from August, six month arrears in October - India.com
Around 47 lakh Central Government employees are eagerly awaiting the salary hike, along with the 52 lakh pensioners who are expecting a significant increase in the monthly pension provided to them.
New Delhi, June 16: As per the latest updates related to 7th Pay Commission, the government is likely to give a double bonus for those working under the central government. According to reports, the Commission has decided that salaries would be hiked from August 1 and six months arrears will be paid to the employees in one installment in October.
As per the recent developments, the government has already started working to credit the hiked salaries in the accounts of employees from August 1, 2016. Around 47 lakh Central Government employees are eagerly awaiting the salary hike, along with the 52 lakh pensioners who are expecting a significant increase in the monthly pension provided to them which was also promised by Narendra Modi government.
The Seventh Pay Commission will be implemented from July and the increased payout will be credited in employee’s’ account on August 1.
On Thursday a news report suggested that the six months arrears from January to July will be handed before Dussehra festival which is in October.
An unidentified official working with the commission was quoted by The Financial Express saying, “Central government employees could get the revised pay-scales with their July salaries that would be credited on August 1″.
There was a meeting held on Tuesday where Cabinet Secretary P K Sinha along with other Empowered Committee of Secretaries sat for few hours and submitted its final report. Report suggest that, Secretaries Panel in its final report has recommended 30 per cent hike which is more than what was proposed by the pay panel i its November report.
The commission had earlier recommended a minimum monthly basic salary of Rs 18,000 and maximum of Rs 2,50,000. With the 30 per cent hike the minimum basic monthly pay will be Rs 23,500 and the maximum will be Rs 3,25,000. The new reforms will directly impact the Central Budget by Rs 73,650 crore and the Railway Budget by Rs 28,450 crore. Read at India.com
Salary hike: Employees could get more than recommendation by Pay Commission - Jagran News
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. Read at Jagran
What about pm cadre?
ReplyDeleteNews is good,if true.
ReplyDelete