Thursday, November 19, 2015

Seventh Pay Commission to submit report today, media predicts hefty hike

Nearly one crore central employees and pensioners are looking forward with huge expectation about the contents of seventh pay commission report which is going to be submitted today evening. They had been a little disappointed with the media reports of a mere 15% hike. But now there are reasons for rejoice for them. Recent media reports predict a hefty 22 to 30 percent hike in gross emoluments which may be really substantial.
Following are the reports from major media houses.

Indian Express : 22 per cent pay hike for Central staff, could go up to 30
The Seventh Pay Commission is likely to recommend a net increase of 22 per cent over the current pay package of Central government employees with a 15 per cent raise in basic pay and up to 25 per cent jump in allowances. “The net increase is likely to be in the range of 22 per cent after subsuming the current 119 per cent dearness allowance in the new basic and grade pay scale,” sources said. They said the net figure would provide the government the leeway to add another 5-7 per cent increase — as was done on the last two Pay Commission recommendations — to take the eventual raise to nearly 30 per cent.
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Click here for full report

Economic Times : Pay Commission likely to propose 23% salary hike for government staff 
The Pay Commission headed by Justice AK Mathur has suggested a 15 per cent increase over the basic salary plus DA for the central government staff, they said, adding that an increase in allowances like HRA has also been recommended. 

The total increase will be 22-23 per cent of the gross salary (basic plus DA plus allowances), the sources said.
Click here for full report


Financial Express : 7th Pay Commission may propose 23% salary hike for govt staff
In a bonanza for central government employees, the 7th Pay Commission is likely to recommend today a 22-23 per cent jump in their salary and allowances, according to sources.
The Pay Commission headed by Justice A K Mathur has suggested a 15 per cent increase over the basic salary plus DA for the central government staff, they said, adding that an increase in allowances like HRA has also been recommended.
The total increase will be 22-23 per cent of the gross salary (basic plus DA plus allowances), the sources said.

8 comments :

S.Lakshman Rao said...

Next stage is all about issue of government notification for the purpose of implementation...

Anonymous said...

if it is 15% hike or even if 22% hike, it would be last vote that any central govt. employee had voted for BJP in 2014 elections and it need not expect any future votes.

Anonymous said...

Rightly said..Ano

ravi shankar prasad Sinha said...

Wait

ravi shankar prasad Sinha said...

Wait please very good news expected

ravi shankar prasad Sinha said...

Ya you are right

Anonymous said...

Modi will not win for nxt time it is sure

Anonymous said...

The report of 7th CPC is very disappointing for the serving government employees. Now The ball is in the court of our visionary PM to gain confidence of government employees after Bihar election results.

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