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Wednesday, June 29, 2016

LIVE 7th Pay Commission: Union Cabinet approves pay panel recommendations

By: Express Web Desk | New Delhi | Updated: June 29, 2016 11:51 am

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/

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