Saturday, April 2, 2016
New Delhi: The central government employees seeking revision of
salary structure proposed under the 7th Pay Commission are likely to see
around 19 percent raise on the minimum salary being drawn currently.
The Cabinet nod to the effect is expected in June.
As per reports, the Empowered Committee of Secretaries (CoS) are
likely to propose a minimum pay of Rs 20,000. The 7th pay panel report,
which was released in November had raised the minimum pay to Rs 18,000
per month from currently drawn Rs 7,000, while the maximum pay was
recommended Rs 2.5 lakh per month from Rs 90,000.
The central government unions, seeking the revision in 7th pay panel recommendations have sought the minimum pay of Rs 26,000
As per reports, the 7th CPC award is likely to come with salary increment which was anyway due in the month of July.
The financial burden of the 7th CPC recommendations on the exchequer
is expected to be around Rs 1.02 lakh crore in meeting the revised pay
structure. The central government has already made provision
of Rs 70,000 crore in the Budget 2016-17 to meet the payout of the pay
commission award.
Since the minimum pay has been revised upwards, the 7th pay panel has
recommended that HRA be paid at the rate of 24 percent, 16 percent and 8
percent of the new Basic Pay for Class X, Y and Z cities respectively.
The Commission also recommended that the rate of HRA will be revised
to 27 percent, 18 percent and 9 percent respectively when DA crosses 50
percent, and further revised to 30 percent, 20 percent and 10 percent
when DA crosses 100 percent. However, no arrears will be paid on the
HRA, and will be effective only when the pay panel award is notified.
Source : http://zeenews.india.com/
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