Monday, November 2, 2015

Recent media report suggests minimum 30% hike in Basic salary after 7th pay commission

The print and web media is being flooded with possibilities and rumors of which most of them are baseless. But Govt. employees are desperately looking for any information about the possible recommendations of the seventh pay commission. They have been patiently waiting for the last eighteen months, after the pay commission set up. The tenure has been extended and so the waiting period.
The recent media report published in India Today has emphasized on some key points of seventh pay commission which is reproduced below. Please note that, it is not exactly the view of the publisher of this blog, especially about the retirement age factor as described below. As per our information, seventh CPC is not going to suggest any reduction of retirement age.
Following are the key points as per media report :

"1. Around 48 lakh central government employees and 55 lakh pensioners will benefit from the Seventh Pay Commission.
2. The Pay Commission was set up by the UPA government during its regime. The recent changes have come under the influence of the NDA government.
3. Former IAS officer Vivek Rae, economist Rathin Roy and Commission secretary Meena Agarwal are members of the commission among others.
4. The salaries of IPS and IRS officers will get at par with that of IAS officers under the new commission.
5. In order to cut down parity, the number of pay bands will be reduced. At present, there are 32 pay bands, which will reduce to 13.
6. The central government's salary bill will rise by 9.5 percent to Rs 1,00,619 crore after the commission takes effect.
7. Under the pay commission, the government can cut down salaries of the 'underperforming' central government by 5 to 6 percent.
8. The duration of service will also be reduced to 55 years of age or 33 years of service.
9. The Seventh Pay Commission is said to increase basic salaries by 30 to 40 percent. The basic salary set in the First Pay Commission was Rs 35 per month."

4 comments :

S.Lakshman Rao said...

When the existing resolution is valid upto and for 31.12.2015,Government Officials need to wait for the outcome.

pawan shaw said...

No one is concerned about DA merger again. Big blunder made in 6th CPC would again repeat. D.A merger must be demanded and banked upon

pawan shaw said...

No one is again concerned about D.A merger. The most important factor to bank upon.

S.Lakshman Rao said...

Merger of DA is outside the scope of seventh pay commission communications.Same is the position in raising the Retirement Age.Since the existing Resolution is valid till 31st of December!2015,we need to wait till the period mentioned herein...With Festival greetings...

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