Friday, June 17, 2016

Cabinet likely to approve salary hike by a fortnight

As per Zee News : "The secretaries panel reviewing the 7th pay commission's recommendations have submitted its report to the Finance Ministry. The Finance Ministry will prepare a note and present it before the Cabinet in the next 15 days."
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Other media reports :
The much awaited Seventh Pay Commission will be approved by the end of this month. According to reports the Union Cabinet officials reviewing the recommendations made by the commission is likely to approve the bill after which proposed hike salaries will be credited on the account of central government employees from August 1.
Further cabinet meetings which is likely to be held by the end of this month will give a final touch to the recommendation and will approve it also.
The Empowered Committee of Secretaries headed by P K Sinha on Tuesday conducted a meeting in which the panel has recommended 30 per cent hike in the basic salary proposed by the pay panel. the government has also decided to pay six months arrears to the employees in one installment in October.
The 7th Pay Panel led by A K Mathur had proposed a minimum monthly basic salary of Rs 18,000 and maximum Rs 2,50,000 for the central government employees.
Sources said that the government will go by the recommendations made by secretaries panel. On Wednesday a number of paramilitary chiefs held meeting with Union Home Minister Rajnath Singh to discuss relevant issues related to Seventh Pay Commission.

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