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Wednesday 17 February 2016

7th CPC: Soon, central government employees may see double pay percentage hike in salaries

New Delhi: Central government employees, who called the recommendations of the 7th pay commission as ‘total rubbish’ and ‘not worth the paper it was printed on’, may be in for some good news.
Empowered Committee of Secretaries, who are processing the recommendations of 7th Pay Commission (7thCPC), are likely to double the percentage of pay hike recommended by the pay commission.
According to sources, the central government employees will get a salary hike of around 30 percent on the minimum basic pay, much more than 23.55 percent as recommended by the 7th pay commission in November 2015.
The employees have been protesting that the hike in totality is only 14.27 percent, the lowest in 70 years, and are mulling over to go on an indefinite strike from 11 April.
The hike in salaries is expected to be effective from January 1. 
Arguably, even the 6th CPC had recommended a 20 percent hike on the basic pay, which was revised to 40 percent at the time of implementation in 2008.
The 7th CPC, with its recommendations, is expected to cause an annual burden of Rs 1.02 lakh crore on the exchequer, which would last for two to three years.
Source: zeenewsindia.com