7th Pay Commission – Centre to start paying increased salary from July
In what could bring smiles to lakhs of central government employaees, the Centre might start paying the increased salary, recommended by Seventh Pay Commission, from July onwards, as per media reports.
Added to the pleasure will be the government decision to also pay arrears to the employees along with the hike in salary.
The ‘increased pay’, which is due from January 1, 2016, will mean a total of six months’ arrear.
As much as Rs 70,000 crore has been provisioned in the Union Budget 2016-17 for implementation of Seventh Pay Commission for government employees.
Implementation of the pay commission report in toto is to cost the government Rs 1.02 lakh crore.
The government in January set up a high-powered panel headed by Cabinet Secretary P K Sinha to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of 47 lakh central government employees and 52 lakh pensioners.
Courtesy : ZeeNews