New Delhi, August 9: The Central Government employees eagerly waiting for their promised hike salaries will be paid in next few days. The employees will also get their seven month arrears in one shot, as recommended by the 7th Pay Commission panel.
According to The Sen Times, the payments will be made following the Finance Ministry Office issued Memorandum No 1-5/2016-IC released on July 29 and Corrigendum dated August 1. Narendra Modi government has a burden of only six months arrears, compared to the previous 6th Pay Commission, which came in late.
The 6th pay Commission report was submitted to Manmohan Singh government in 2008 and the recommendations were implemented on January 1, 2006, due to which the previous government had a burden of arrears of almost 18 months
As per reports, around 47 lakh central government employees will receive an average 14.27 per cent hike in basic pay which will be effective from January 1, 2016.
After the implementation of 7CPC the minimum pay of central government employees will now be Rs 18,000 per month, up from Rs 7,000 per month. The highest level of Cabinet Secretary, the salary would go up to Rs 2.5 lakh a month from Rs 90,000.
The implementation of 7CPC will cost the government exchequer Rs 1.02 lakh crore annually. More than 53 lakh pensioners and 47 lakh employees have been eagerly waiting for the 7CPC implementations.
Last month the Central Government employees union had also threatened to go on indefinite strike as most of them were not happy with the increase in minimum wage. The employees had earlier requested to increase the minimum wage to Rs 26,000 instead of Rs 18,000. Finance Minister Arun Jaitley had assured the union leaders that they will set up a high-level committee who will look into their demands.
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