• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Home
  • DOPT ORDERS 2020
  • FinMin Orders 2020
  • Railway Orders 2020
  • Contact Us

7th Pay Commission Latest news

Central Government Employees News

  • DOPPW Orders
  • 7th Pay Commission
  • Dearness Allowance
  • Dearness Relief
  • CSD Price List
  • Defence
    • Defence Pension
You are here: Home / 7th Pay Commission India / 10 facts that 7th Pay Commission is likely to mention in its report

Trending
FINMIN Order : Dearness Allowance to Central Government employees from Jan 2022 “hot”
AICPIN for the month of March 2022 “hot”
GPF Interest Rate from April 2022 to June 2022 “hot”
Small Savings Schemes Interest Rate from April 2022 to June 2022 “hot”

10 facts that 7th Pay Commission is likely to mention in its report

November 19, 2015 pcadmin Leave a Comment

10 facts that 7th Pay Commission is likely to mention in its report

The Seventh Pay Commission headed by Justice AK Mathur will submit its report to Finance Minister Arun Jaitley today.

The recommendations will be considered by the Union Cabinet and if approved, it will be implemented with effect from January 1, 2016.

According to media reports, following 10 facts are likely to be part of these recommendations:

1. The commission is likely to recommend a nearly 15 per cent hike in basic salary plus increase in DA and allowances like HRA.

2. The total increase will be 22-23 percent of the gross salary (basic plus DA plus allowances).

3. The commission is also likely to propose a status quo on the retirement age of Central government employees. Retirement age for staff of Central government is 60 years.

4. The hike will push up the Central government’s salary bill by Rs 25,000 crore, 0.2 per cent of India’s GDP.

5. Experts say that the sales of homes, cars, two-wheelers and other electronic items are likely to pick up once the recommendations are implemented.

6. Over 50 lakh Central government employees and 54 lakh pensioners will be benefited.

7. The 15 per cent hike in basic salary is much lower than the 35 per cent hike employees got in the Sixth Pay Commission.

8. The 7th Pay Commission was set up by the UPA government in February 2014 to revise remuneration of Central government employees and pensioners.

9. The Union Cabinet had extended the term of the 7th Pay Commission in August by four months, till December.

10. The Central government constitutes the pay commission every 10 years to revise the salary structure of its employees. The recommendations of the commission are also adopted by states.

source : indiatvnews.com

Filed Under: 7th Pay Commission India, 7th Pay Commission News Tagged With: 7th Pay Commission, 7th Pay Commission News

Also Read

AICPIN for the month of March 2022

AICPIN for the month of March 2022

April 29, 2022 By pcadmin Leave a Comment

AICPIN for the month of March 2022 GOVERNMENT OF INDIAMINISTRY OF LABOUR & EMPLOYMENTLABOUR BUREAU `CLEREMONT', SHIMLA-171004DATED: 29 April, 2022 F.No. 5/1/2021-CPI Press Release AICPIN for March 2022 Consumer Price Index for Industrial Workers (2016=100) — March, 2022 The … [Read More...] about AICPIN for the month of March 2022

Confirmation of inadequacy of representation of SC and ST in consonance - DOPT

Confirmation of inadequacy of representation of SC and ST in consonance – DOPT

May 10, 2022 By pcadmin Leave a Comment

Confirmation of inadequacy of representation of SC and ST in consonance - DOPT F. No. 25/1 1/2022-CS.II(B)Government of IndiaMinistry of Personnel, Public Grievances & PensionsDepartment of Personnel and TrainingCS.II(B) Section 3rd Floor, Lok Nayak Bhawan,Khan Market, New … [Read More...] about Confirmation of inadequacy of representation of SC and ST in consonance – DOPT

Status of Cadre Review as on 5th May, 2022

Status of Cadre Review as on 5th May, 2022

May 9, 2022 By pcadmin Leave a Comment

Status of Cadre Review proposals processed in DoPT as on 5th May, 2022 A. Approved by Cabinet – 24 B. Status of Proposals under consideration – 23 (1) Meeting of Cadre Review Committee held – 10(2) Pending for consideration of CRC – 3(3) Pending with Department of Expenditure – 3(4) Pending … [Read More...] about Status of Cadre Review as on 5th May, 2022

Scrap NPS and restore CCS (Pension) rules, 1972 or Guarantee Minimum Pension : BPMS

Scrap NPS and restore CCS (Pension) rules, 1972 or Guarantee Minimum Pension : BPMS

May 9, 2022 By pcadmin Leave a Comment

Scrap NPS and restore CCS (Pension) rules, 1972 or Guarantee Minimum Pension : BPMS भारतीय प्रतिरक्षा मजदूर संघBharatiya Pratiraksha Mazdoor Sangh (AN ALL INDIA FEDERATION OF DEFENCE WORKERS)(AN INDUSTRIAL UNIT OF B.M.S.)(RECOGNISED BY MINISTRY OF DEFENCE, GOVT. OF INDIA) REF: BPMS/ PMO/ … [Read More...] about Scrap NPS and restore CCS (Pension) rules, 1972 or Guarantee Minimum Pension : BPMS

CGEGIS – Revision of coverage & monthly subscription

CGEGIS – Revision of coverage & monthly subscription

May 6, 2022 By pcadmin Leave a Comment

Central Government Employees Group insurance Scheme (CGEGIS) — Revision of coverage & monthly subscription. INDIAN RAILWAYS TECHNICAL SUPERVISORS ASSOCIATION No: IRTSA/ CHQ/ CGEGIS/2022-2 Date:23.04.2022 Secretary Finance (Expenditure),North Block,New Delhi – 110001 Respected … [Read More...] about CGEGIS – Revision of coverage & monthly subscription

Enhancement of Fixed Medical Allowance (FMA) for pensioners & family pensioners: IRTSA

Enhancement of Fixed Medical Allowance for pensioners & family pensioners: IRTSA

May 6, 2022 By pcadmin Leave a Comment

Enhancement of Fixed Medical Allowance (FMA) for pensioners & family pensioners: IRTSA INDIAN RAILWAYS TECHNICAL SUPERVISORS ASSOCIATION No: IRTSA/ CHQ/ FMA/2022-3 Date: 25.04.2022 Secretary Finance (Expenditure),North Block,New Delhi – 110001 Respected Sir, Sub: Enhancement of … [Read More...] about Enhancement of Fixed Medical Allowance for pensioners & family pensioners: IRTSA

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

All About Pension

All about Pension

Latest DOPT Orders

Confirmation of inadequacy of representation of SC and ST in consonance – DOPT

Status of Cadre Review as on 5th May, 2022

Percentage of Salary Budget allocated for training and capacity building – DOPT

Reservation in promotions – procedure to be followed : DOPT

Holiday on 14th April 2022 – Birthday of Dr. B. R. Ambedkar

Latest Finmin Orders

CGEGIS 1980 – Table of Benefits from April to June 2022

FINMIN Order : Dearness Allowance to Central Government employees  from Jan 2022

Modification of instructions regarding Air Travel on Government account. – FINMIN

CGEGIS Table of Benefits from Jan 2022 to March 2022

Concessions to person re-employed in Central Government Service – Payment of Travelling Allowance

Latest Railway Orders

Grant of Leave to Probationary officers: Railway Board

Productivity Linked Bonus to all eligible non-gazetted Railway employees for 2020-2021

Cabinet approves Productivity Linked Bonus to Railway Employees for the year 2020-21

Change of Base Year of Consumer Price Index of Industrial Workers – Railway Order

Advance payment of salary on account of Onam festival.

Categories

Copyright © 2022