LIVE 7th Pay Commission: Union Cabinet approves pay panel recommendations
The Union Cabinet on Wednesday approved the recommendations made by the 7th pay commission.
The approval,
which will be made public soon, is likely to see a higher increase in
the basic pay than the nearly 15 per cent recommended by the 7th Pay
Commission for over 1 crore government employees and pensioners.
The pay panel
had in November last year recommended 14.27 per cent hike in basic pay
at junior levels, the lowest in 70 years. The previous 6th Pay
Commission had recommended a 20 per cent hike which the government
doubled while implementing it in 2008.
After considering the increase proposed in allowances, the hike in remunerations comes to 23.55 per cent.
The 7th Pay
Commission report will be effective from January 1, he said, adding that
the Cabinet will decide if the arrears for the six months have to be
paid in one go or in installments.
A secretaries’
panel, headed Cabinet Secretary P K Sinha, has already vetted the 7th
Pay Commission recommendation and its report is being translated into a
note for Cabinet.
“It in most likelihood will come up before the Cabinet tomorrow (Wenesday),” an official had said.
Source :
http://indianexpress.com/article/business/business-others/7th-pay-commission-cabinet-meeting-latest-updates-today-2882835/
