Thursday, November 19, 2015

7th Pay Commission Report submitted – 23.55% increase in salary Central Government Employees

7th Pay Commission Report submitted – 23.55% increase in salary Central Government Employees

7th Pay Commission Report submitted – 23.55% increase in salary when taking increase in allowances also – Net Pay increase is 16%

7th pay commission report Highlights:
  • Minimum pay is 18,000/-
  • Grade Pay System abolished
  • Fitment formula will be 2.57. So using present basic pay, 7th CPC pay can be calculated by multiplying the same with 2.57 factor.
  • Increase in Military service Pay increased to 16,500
  • 3% annual increment
  • 52 allowances abolished
  • 16% increase in pay
  •  23.55% increase overall salary when taking in to increase in allowances also
  • 24% increase in Pension
7th-central-pay-commission-report-2015

In a bonanza for central government employees, the Seventh Pay Commission on Thursday submitted its final report to Finance Minister Arun Jaitley recommending a 22-23 percent jump in their salary and allowances.
The Pay Commission headed by Justice A K Mathur has suggested a 15 percent increase over the basic salary plus DA for the central government staff. An increase in allowances like HRA has also been recommended.

The total increase will be 23.55 percent of the gross salary (basic plus DA plus allowances). The pay commission has also  proposed a status quo on the retirement age of central government employees. Retirement age for central government employees is 60 years now.

The recommendations of the 7th Pay Commission are scheduled to take effect from January 1, 2016.
Besides Chairman, other members of the commission are Vivek Rae, a retired IAS officer of 1978 batch, and Rathin Roy, an economist. Meena Agarwal is secretary of the commission.

The central government constitutes the pay commission every 10 years to revise the pay scale of its employees and often these are adopted by states after some modifications.

The Commission was set up by the UPA government in February 2014 to revise remuneration of about 48 lakh central government employees and 55 lakh pensioners.

The Union Cabinet had extended the term of the panel in August by four months, till December. The 6th Pay Commission was implemented with effect from January 1, 2006.

Download 7th Pay Commission Report

The 7th Pay Commission submits its report to the Central Government.

The 7th Pay Commission submits its report to the Central Government.

The much-awaited 7th Pay Commission report was finally submitted to the Minister of Finance a short while ago.

The four-member 7th Pay Commission, under the chairmanship of Chairman A.K. Mathur, had worked hard for 21 months to prepare the report. The report was handed over to the Centre today. Salaries for Central Government employees and pensioners for the years 2016 to 2026 will be based on these recommendations.

Recommendations prescribed by the committee and their impact and explanations will be given in a series of articles that will appear in future.

Mixed Responses when Sixth pay commission report submitted to Finance Minister

Mixed Responses when Sixth pay commission report submitted to Finance Minister

There will be same response after the Report of 7th pay commission submitted to Finance Minister

Today the 7th pay commission going to submit its recommendations to Finance Minister Shri.Arun Jaitly.at 19.30 PM

Our waiting for knowing the 7th pay commission recommendation on pay and allowances will come to an end this evening. After that we will be hearing mixed responses from various quarters. If it gives satisfaction to one side and the same will be disappointment to other side.

When sixth pay commission submitted its report to the then Finance minister Mr.P.Chidambaram, many trade unions were not satisfied over the recommendation of sixth pay commission.

After presenting the report to Finance Minister P. Chidambaram, Mr. Justice Srikrishna said: “I have recommended something which is good for the nation … the average hike will be 40 per cent.”

The Hindu daily , dated 25-3-2008, has published various reports about the sixth pay commission recommendation. It described recommendation with a title “Bonanza for Central government staff”

♦ Commission recommends 40% hike in salary

NEW DELHI: In a major post-Holi bonanza, the Sixth Pay Commission on Monday recommended an average 40 per cent increase in the salary of over 40 lakh Central government employees and a doubling of most of their allowances that would impose a burden of Rs. 12,561 crore on the exchequer in 2008-09.

pay-commission-pay-scale
Resentment among CG employees Federation over recommendation of sixth pay commission also were reported in Hindu dated 25-3-2008

♦ The Centre of Indian Trade Unions has described the Pay Commission recommendations as “arbitrary, discriminatory and disappointing.”

♦ In a statement issued here on Monday, CITU president M. K. Pandhe said that against the demand of Rs. 10,000 as the minimum wage computed on the basis of the 15th Indian Labour Conference recommendations, the Commission has recommended only a paltry Rs. 5,740, while the maximum has been fixed at Rs. 90,000.

♦ The Confederation of Central Government Employees and Workers has described the Sixth Pay Commission’s recommendations as “totally unacceptable” and decided to stage a protest here on Wednesday to “fight for a decent wage settlement.”

♦ In a statement issued here on Tuesday, the Confederation drew attention to the recommendations that were made by them but rejected by the Commission, including fixing the minimum wage at Rs 10,000 a month. The minimum wage recommended in the report was even less than what was suggested in the previous Pay Commission, the statement said.

♦ South Central Railway Mazdoor Union secretary C. Ramakrishnama Charyulu on Monday said that the Sixth Pay Commission’s recommendations had disappointed all the Central Government employees. He said the pay hike recommended by the commission was nothing but pittance.

After submission of the 7th pay commission report we may hear same words but through others voice. Because the leaders might have been changed but voice will be the same . But as we said earlier the recommendation to be submitted today is not final verdict since it is subject to change. Because before 7th cpc report goes to cabinet approval it has to cross various hurdles.

Source: gservants

Now Trending

34% DA Order for Central Govt Employees wef 01.01.2022 - Latest CG Employees DA Order Jan 2022

 DA Order for Central Government Employees from Jan 2022 - Finmin Order 2022 Latest CG Employees DA Order Jan 2022 Dearness Allowance payabl...

Disclaimer:

All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. Our blog "Central Government Staff news" accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.

Links to other websites that have been included on this blog are provided for public convenience only.

The blog "Central Government Staff news" is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.

Any suggestions write to us
centralgovernmentnews@gmail.com